an icmr-iipm think tank publication - Cycbth.org

an icmr-iipm think tank publication - Cycbth.org an icmr-iipm think tank publication - Cycbth.org

30.06.2015 Views

COURTNEY ANDERSON Our business archetype from the start of this essay may have accumulated all of the outward manifestations of contentment; yet may still not be free of anxiety, anger, disappointment and pain. Being cruel to other people causes pain. Failing to accurately assess problems and craft solutions also causes pain. Where is the line between a transformational leader “inspiring people to exceed their limitations” and “pushing people until they break?” An obstacle to lasting transformational leadership is losing sight of the big picture. It is an easy fallacy to restrict the view of an individual to a world that includes them. Our very existence is at the centre of our thoughts and actions. We must ask ourselves, what is our legacy? Transformational leadership without internal actualisation and joy can result in a transformed but hollow leader. To clutch the ephemeral nature of business achievement and serve as a catalyst for generational, lasting legacies of transformational change, it is imperative that we engage in the following: 1. Utilize at least two “No Men” who are more cautious and more risk adverse than you are. They must be completely candid with you. Ideally, these should be independent individuals who have no ulterior motive for their feedback. They are the opposite of sycophantic, “Yes Men,” who due to their dependence on you will tell you whatever you want to hear. These individuals could "TRANSFORMATIONAL LEADERSHIP WITHOUT INTERNAL ACTUALISATION AND JOY CAN RESULT IN A TRANSFORMED BUT A COMPLETELY HOLLOW LEADER" be relatives, mentors, friends, competitors, or even professionals. This step is to address the issues of listening skill development and idea intoxication which hinder many executives from growth into an authentic transformational leader. 2. Do not act out of obligation. Once you have achieved a certain level of achievement. You have more than enough, acknowledge it and embrace it. If 95% of people live on fewer resources than you do, it is time for you to enjoy the freedom that your diligence has reaped. You are not obligated to do what “other people” do and acquire what “other people” have. You do not have to behave as you always have simply because that is what other people think you should do. Do not imprison yourself in the approval of other people. You are now free to live as you please. You have proven your worth. Now, create your life of contentment. This step is to address the issue of acting out of habit and not changing the narrative and resultant behaviour which hinders many executives from growth into an authentic transformational leader. This step utilizes a reactive focus to cease “old” destructive behaviours. 3. Invest in practicing the “Joyful Art of Business” as it applies to your life. This is a fundamental philosophy of my global practice providing solutions for business leaders and organisations around the world. You are an artist and your business activities must bring you joy. If they do not bring you joy, what is their purpose? This step is also to address the issue of acting out of habit and not changing the narrative (thought process of conditioning) and resultant behaviour which hinders many executives from growth into an authentic transformational leader. This step utilizes a proactive focus to create “new” constructive behaviours. You also owe yourself continued growth (through continuing education) and joy (from your work, loved ones and service to others). Do not fall into the trap of the purported transformational leader who although they were successful in achieving their business goals has failed to transform their own lives. Your feelings and attitudes are a barometer for assessing your internal success. If you feel joyful, you are more likely than not, succeeding. If you feel despondent, bored, anxious, afraid or any other destructive emotional states, then you are not a transformational leader, but simply pretend to be one each day. She pauses in the window and reflects for a moment on the sunset. Perhaps tomorrow will be the day she begins to metamorphose into an actual transformational leader. It is her choice. What will tomorrow bring you? What will your legacy be? count your chickens before they hatch 37 april 2012

FAIR FORWARD “THE AMALGAMATION IS INTENDED TO BE A KEY STRATEGIC MOVE” SULAJJA FIRODIA MOTWANI IN AN INTERVIEW WITH AMIR HOSSAIN CANDIDLY REVEALS THE COMPETITIVE ADVANTAGES OF WOMEN OVER MEN IN CORPORATE WORLD Sulajja Firodia Motwani, vice-chairperson and face of the Kinetic Engineering Limited in the country is a lady who contributed significantly in making the firm reach heights of success. She is responsible for the group’s overall business strategy and development. Prior to her joining in family business, Sulajja worked for a California-based investment analytics company BARRA International for a period of four years. She was voted among the top 25 business leaders of the next century in a poll conducted by Fortune India. What factors do you attribute to the success of Kinetic Engineering? A company is only as good as its people. At Kinetic Engineering, we have a team of experienced professionals who specialise in strong engineering, process planning, manufacturing and what I call, Frugal engineering — that is the ability to create technically strong solutions with a focus on cost. The other vital factor is a strong sense of commitment by our stakeholders. What is the idea behind the recent merger between Kinetic Motor and Kinetic Engineering? The amalgamation is intended to be a key strategic move on part of the Kinetic Group which will enable achievement of the potential of Automotive Business including participation of investors, strategic partners, lenders and other stakeholders. The rationalization of business would result in substantial synergies including enhanced financial strength and flexibility as well as financial consolidation of operating activity, leading to better governance, reduction of cost and higher value creation for the stakeholders. The merger also marks the culmination of restructuring taken up by the Kinetic group in recent years where the group’s manufacturing and engineering entity Kinetic Engineering was restructured and positioned to become a focused player in the Automotive Systems and components business with a focus on Powertrain; while the two wheeler business in Kinetic Motor Company was hived off to a new alliance company with the formidable Mahindra and Mahindra Group. KMCL transferred its operating assets relating to two wheeler business from KMCL to Mahindra Two Wheeler (MTWL) Limited in November 2008, for cash and for a 20% strategic stake in MTWL. It is expected that this strategic stake shall create significant value in the future, as Mahindra group should be able to leverage its rural penetration to create a successful motorcycle business for MTWL. Merger will result in value addition to minority shareholders of both companies, by diversification of value and value addition through manufacturing business as well as investment into MTWL. In all, it would enhance the shareholders value and allow focused course of action. Do you feel women have disadvantage over men as far as business management is concerned? If people around you perceive your commitment, sincerity and focus, other factors such as gender biases will take a back seat. I also feel that women have some inherent skills, generically speaking, due count your chickens before they hatch 38 april 2012

COURTNEY ANDERSON<br />

Our business archetype from the start of this essay<br />

may have accumulated all of the outward m<strong>an</strong>ifestations<br />

of contentment; yet may still not be free of <strong>an</strong>xiety, <strong>an</strong>ger,<br />

disappointment <strong>an</strong>d pain. Being cruel to other people<br />

causes pain. Failing to accurately assess problems<br />

<strong>an</strong>d craft solutions also causes pain. Where is the line<br />

between a tr<strong>an</strong>sformational leader “inspiring people to<br />

exceed their limitations” <strong>an</strong>d “pushing people until they<br />

break?” An obstacle to lasting tr<strong>an</strong>sformational leadership<br />

is losing sight of the big picture. It is <strong>an</strong> easy fallacy<br />

to restrict the view of <strong>an</strong> individual to a world that<br />

includes them. Our very existence is at the centre of our<br />

thoughts <strong>an</strong>d actions. We must ask ourselves, what is<br />

our legacy? Tr<strong>an</strong>sformational leadership without internal<br />

actualisation <strong>an</strong>d joy c<strong>an</strong> result in a tr<strong>an</strong>sformed but<br />

hollow leader. To clutch the ephemeral nature of business<br />

achievement <strong>an</strong>d serve as a catalyst for generational,<br />

lasting legacies of tr<strong>an</strong>sformational ch<strong>an</strong>ge, it is<br />

imperative that we engage in the following:<br />

1. Utilize at least two “No Men” who are more cautious<br />

<strong>an</strong>d more risk adverse th<strong>an</strong> you are. They must<br />

be completely c<strong>an</strong>did with you. Ideally, these should be<br />

independent individuals who have no ulterior motive<br />

for their feedback. They are the opposite of sycoph<strong>an</strong>tic,<br />

“Yes Men,” who due to their dependence on you will tell<br />

you whatever you w<strong>an</strong>t to hear. These individuals could<br />

"TRANSFORMATIONAL LEADERSHIP<br />

WITHOUT INTERNAL ACTUALISATION AND<br />

JOY CAN RESULT IN A TRANSFORMED BUT<br />

A COMPLETELY HOLLOW LEADER"<br />

be relatives, mentors, friends, competitors, or even professionals.<br />

This step is to address the issues of listening<br />

skill development <strong>an</strong>d idea intoxication which hinder<br />

m<strong>an</strong>y executives from growth into <strong>an</strong> authentic tr<strong>an</strong>sformational<br />

leader.<br />

2. Do not act out of obligation. Once you have<br />

achieved a certain level of achievement. You have more<br />

th<strong>an</strong> enough, acknowledge it <strong>an</strong>d embrace it. If 95% of<br />

people live on fewer resources th<strong>an</strong> you do, it is time for<br />

you to enjoy the freedom that your diligence has reaped.<br />

You are not obligated to do what “other people” do <strong>an</strong>d<br />

acquire what “other people” have. You do not have to<br />

behave as you always have simply because that is what<br />

other people <strong>think</strong> you should do. Do not imprison yourself<br />

in the approval of other people. You are now free<br />

to live as you please. You have proven your worth. Now,<br />

create your life of contentment. This step is to address<br />

the issue of acting out of habit <strong>an</strong>d not ch<strong>an</strong>ging the<br />

narrative <strong>an</strong>d result<strong>an</strong>t behaviour which hinders m<strong>an</strong>y<br />

executives from growth into <strong>an</strong> authentic tr<strong>an</strong>sformational<br />

leader. This step utilizes a reactive focus to cease<br />

“old” destructive behaviours.<br />

3. Invest in practicing the “Joyful Art of Business”<br />

as it applies to your life. This is a fundamental philosophy<br />

of my global practice providing solutions for<br />

business leaders <strong>an</strong>d <strong>org</strong><strong>an</strong>isations around the world.<br />

You are <strong>an</strong> artist <strong>an</strong>d your business activities must bring<br />

you joy. If they do not bring you joy, what is their purpose?<br />

This step is also to address the issue of acting out<br />

of habit <strong>an</strong>d not ch<strong>an</strong>ging the narrative (thought process<br />

of conditioning) <strong>an</strong>d result<strong>an</strong>t behaviour which hinders<br />

m<strong>an</strong>y executives from growth into <strong>an</strong> authentic<br />

tr<strong>an</strong>sformational leader. This step utilizes a proactive<br />

focus to create “new” constructive behaviours.<br />

You also owe yourself continued growth (through<br />

continuing education) <strong>an</strong>d joy (from your work, loved<br />

ones <strong>an</strong>d service to others). Do not fall into the trap of<br />

the purported tr<strong>an</strong>sformational leader who although<br />

they were successful in achieving their business goals<br />

has failed to tr<strong>an</strong>sform their own lives. Your feelings <strong>an</strong>d<br />

attitudes are a barometer for assessing your internal success.<br />

If you feel joyful, you are more likely th<strong>an</strong> not, succeeding.<br />

If you feel despondent, bored, <strong>an</strong>xious, afraid<br />

or <strong>an</strong>y other destructive emotional states, then you are<br />

not a tr<strong>an</strong>sformational leader, but simply pretend to be<br />

one each day. She pauses in the window <strong>an</strong>d reflects for<br />

a moment on the sunset. Perhaps tomorrow will be the<br />

day she begins to metamorphose into <strong>an</strong> actual tr<strong>an</strong>sformational<br />

leader. It is her choice. What will tomorrow<br />

bring you? What will your legacy be?<br />

count your chickens before they hatch 37 april 2012

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