Leadesrship Lessons

YOGESH AGRAWAL

Ajanta Pharma 

Q. Your best teacher in business 

A. The best teacher in business, as in life, is various situations. A company’s CEO has to face unique challenges for which no business school can get him ready. Over the years, I have learnt to analyse a situation, formulate a strategy and implement it correctly to obtain the desired outcome.

Q. One management lesson for young people 

A. One must have a passion for understanding a subject. Often I see youngsters doing what they are being told without understanding the reason. For me, understanding the ‘why’ matters most. When you understand the ‘why’, you can come up with a better solution. If fundamentals and subject knowledge are strong, one can make significant advancements and the journey becomes joyful.

Q. Two essential qualities a leader must have 

A. A leader must be able to see the path forward and should have the ability to build passion among his team members to align them with his vision. And a great leader should be able to make decisions dispassionately, without any bias.

Source Business Today 9 September, 2018 p.124

About True Leadership

True leadership cannot be awarded, appointed, or assigned. It comes only from influence, and that cannot be mandated. It must be earned...John C Maxwell

About Wealth

How to ensure that you’re wealth does not go waste?

·        Keep all transactions clean and simple.

·        Do no overdo the diversification idea. There is no need to have a long list of investments, 20 to 30 products should serve the purpose for most investors, sell off those what is not working.

·        Take help by preparing a consolidated statement of your assets from a financial advisor for a fee.(you can negotiate)

·        Write a will indicating the beneficiaries and the executor. Validate it with two witnesses.

·        Unclaimed investors money is transferred to the investor education and protection fund....beware………….....Uma Shashikant 

Source: ET Wealth, 10-16 September, 2018