Leadership Lessons

Best Leadership learn't by Dilip Kumar Kandelwal, MD., SAP Labs:

Worked with some of the best leaders who were also mentors; they wee very clear on the importance of being close to customers; see value in the process is the most imprtant lesson; stay focussed on the big picture; as that is what defines a successful business.

Work -life balance: balance achieved due to great friends; travel and experimenting local cuisine. 

Do not bark

"Common Connections"

Why every CEO should be willing to invest in the Internet of Things (IoT) …..Ganesh Ramamoorthy   ……remarks….

“The first and foremost thing that organizations should understand is that IoT is not a technology initiative - it is a business improvement initiative. Behind every IoT project there is a business priority. It has broad applications and supports a wide range of business models, though most applications are rooted in four usage scenarios:

Manage — connected things can be monitored and optimized. For example, sensors on an asset can be optimized for maximum performance or increased yield and up time.

Charge — connected things can be monetized on pay-per-use. For example, automobiles can be charged for insurance based on mileage.

Operate — connected things can be remotely operated, avoiding the need to go on site. For example, field assets such as valves and actuators can be controlled remotely.

Extend — connected things can be extended with digital services. For example, connected healthcare equipment can receive software upgrades that improve functionality.

These four usage models help organizations tackle two sets of business priorities - the internal priority, which is essentially to do with reducing costs, improving productivity or efficiency, and optimizing resource utilization, and the external priority, which is essentially to do with growing sales, finding new growth markets and enhancing customer satisfaction”

Source: Corporate Dossier July 10-16,  2015

Humility is required for CEO

“Humble, collaboration, reflective, self aware and adaptable–some of the key behavior traits used to describe a good CEO. Rahul Yadav CEO of Housing.com appeared to display none of these so he was unanimously sacked.HR Experts said companies look or confidence with humility in CEO candidate. CEO is a brand ambassadors for the organization. A CEO brings speed and growth to a business but he needs to possess certain key behavioral traits and prime among them is humility. A good CEO is on who has been hardened by real life challenges because humility is the resultant fruit of this hardening. Yaday was considered to be arrogant and impulsive.

A strong understanding of ethics would distinguish a good CEO from the bad.”Ethics are not just about doing the right thing but are under pinned by the ability to delay the gratification of temptation. Temptations are not just material but many times they can be about satisfying the ego and can take the form of lashing out or being competitive, driven by a desire to bolster low self esteem.” Gurprriet Singh , GM & Head YSC India.

Singh said organizational practices like ‘360” and-performance feedback regularly provides awareness of behavior but miss out on what lies beneath. “Leadership is a lonely pursuit and leaders are usually starved of insightful feedback. Creating mechanisms that enable leaders to receive counsel and feedback in a manner that is supportive is critical. This is a role that can be played by a board member or by an executive coach/counselor.” says Singh.

For a start up CEO, balancing the input of external advisors with internal parties and developing synergies between the two—a core competencies—is critical. (YSC Research.)”

Source: TOI July 7, 2015. p.15