Leadership wisdom

The world deserves responsible leaders who not only deliver results but also bring greater humanity to organizations. It is exhilarating working alongside these influential leaders in helping them transform and shape their own journeys and the organizations they lead. 

 https://www.egonzehnder.com/office/london/consultant/rajeev-vasudeva

Leadership Wisdom

Disruption's of Leadership:

1. Technology;

2. Complexities due to geo political leadership;

3. A leader is expected to ride 2 horses at the same time: (a) make sure your core business continues to operate smoothly and (b) look out for other business modes or disrupt your own business, creating new opportunities for future growth.

CEOs tenure is getting shorter:

1. Because CEOs are getting burnt out more quickly; and lonely at the top;

2. Because they are voluntarily stepping away;

3. Because CEO’s have to spend a lot of emotional energy and struggle is how to retain the sense of personal balance in your life;

4. Because they lack curiosity.

Source: Rajeev Vasudevan, Economic Times 27 February, 2018

Leadership Traits for the future

Traits CEOs of the future need to have:

1. Humbleness;

2. Vulnerable meaning open to feedback, self –discovery and learning;

3. Have a centered view on when to do what;

4. Engagement of a leader is important to face cultural transformation.

5. Millennial do not see any boundaries to their possibilities; they have to be harnessed in the right way to drive innovation and creativity.

Leadership is about substance and potential.

Source: Rajeev Vasudevan, Economic Times 27 February, 2018

Investments idea

Fixed –Deposits, PPF and any other fixed income deposit type savings are no longer yielding any ‘real’ (above inflation rate) rates of return. If you are not getting government pension or rental income which you can increase periodically, then long term investments must be kept in equity-backed investments; otherwise you are getting into old age poverty.

The reason for investing in equity-backed investments is because the ‘ultimate source of profits in equity is general growth of the economy’. The daily loud noise of volatility is an illusion.

By the way “good companies will ultimately do well” is a myth. Do not sleep over your portfolio.  Research every five years based on sound scientific principles to understand the impact of volatility. Review it constantly.

Qualities of a leader

Qualities of a leader ……Wisdom from Paul A Volcker :

An instinctive understanding of the varied interest at stake;

Ability to marshal a consensus even among those from different cultures and with competing interests;

The will to exert authority when needed;

Deep Insight;

A Vision;

A combination of skill and drive to implement that vision;

Refusal to be intimidated and to back down from is fair and might.

Simple vs Comples

Anything that is complex need not be good and right. Keep everything very simple, including your investments. Invest only in businesses that you understand......@ps