CEO — Now Needs to be Disruptive, a Transformer

– to Reengineer by Creative Destruction

In a post COVID world, the CEO has to revisit the past, reengineer the present, crystal gaze into the future and possibly relook at what to keep and what to let go.

As everyone grapples with COVID which will not go away soon, the business model has to be “Unlocked”. The unlocking will take different dimensions, with different sectors, different regions-countries, and opening up in different ways and at a differing pace. The virus resurgence will likely bring about renewed restrictions.

In situations such as the Great Depression in 1920, the World War II, the Financial Crisis of the 90’s a CEO had to be adept at the P&L, productivity metrics & number crunching, spending time to decide on launches and reenergizing the PLC.

However today these factors are hygiene and the need is the ability to have an extremely high EQ and a personality to integrate with the teams as they get more result oriented, ready to experiment and more tech-savvy.

Integration is required across teams, which now meet on cloud meetings viz — ZOOM, across time-zones, departments with the absence of geographical boundaries. A CEO and an aspirant needs to be ready to disrupt, be tech savvy and highly EQ enabled to manage the emotional upheaval people will go through as everything around them changes — have the intellect to identify trends, be courageous to plan on what to keep and what to let go and be able to handle diversity of thought.

Mckinsey in its article, The Toughest Leadership Test avers “The pressures can seem daunting. Coping with the sudden shutdown of the global economy was hard enough; figuring out how to restart in such an uncertain environment is, if anything, even harder, many told us. CEOs are expected to show “deliberate calm” and “bounded optimism.” Everyone wants them to demonstrate empathy — and, at the same time, be highly engaged and fact based in their actions. They are expected to make a positive difference in people’s lives with their leadership and wield both telescope and microscope adroitly”

It is said that a crisis brings about the best & the worst in people and separates the men from the boys.

The moment of truth for the CEO is to- Reimagine the Business, to Reengineer and maybe destroy the “old way of working” and adapt to the NOW, and also manage the family at home and keep smiling.

As a CEO are you ready?

Teamwork : The Other Name of Voluntary Leadership

A good team work exist when a group of people work together in close coordination towards a common goal and creates a positive work atmosphere thereby supporting each other so as to pool in individual strengths to enhance team performance. Teamwork is significant for an organization since it provides employees with an opportunity to bond with each other, which improves relations among them. Improved employee relations also result from the fact that teamwork boosts close coordination among members which has resulted due to increased trust among them.

The knack to perform synchronously as an individual and also with the employees is a vital element to attaining growth and success. Steve Jobs, the man behind the success of Apple Inc. changed the entire paradigm of living with his innovative and creative thoughts. However, without the support of his team of hard working and efficient employees’ abilities, it would have been impossible to incorporate and accomplish his ideas successfully. Therefore, in effect teamwork is extremely essential in order to accomplish the mission and goals of an organization.

In the present day world, it is next to impossible to survive in a workplace by being a master of one trade or even ‘jack of all trades’ unless an individual is inept to work as a team. Another crucial point that team members need to note is trust and respect for one another which is extremely important. Moreover, the success of a team also depends on the characteristics of a team’s leader. The brawl that had happened in the recent past with the noted television comedian Kapil Sharma and Sunil Grover (known popularly as Guthhi). The success of the comedy show “Comedy Nights With Kapil Sharma” lost its charm as the central character of the show are missing. No wonder the team leader has enough potentialities, but how long it is possible for him to be successful in pulling up the show’s TRP.

Even in an academic administration, the utmost challenge is to find the right set of administrators who have a passion for making a difference in the higher education or rather professional education. Academicians these days are willing to go beyond the conventional wisdom and willing to challenge the current situation for a dynamic and industry specific future for their students. Some of the universities across the globe are forging this new path with a great combination of administrators vis-à-vis academicians.

Few of the vital reasons to understand the significance of teamwork in a work place are :

(a) Team motivates unity in the workplace
(b) Team provides different perspectives as well as offers feedback
(c) Improved efficiency and productivity is possible to attain with a collaborative and supportive team
(d) Team provides active engagement and learning opportunities and above all
(e) Team promotes workplace synergy and allows to feel a greater sense of accomplishment.

Minus the ability to work successfully in a team environment can impede on the success of developing, formulating and implementing innovative ideas. The synergy of individuals is a brilliant instrument which brings glory at workplace.

People, the fifth P as we say in “Marketing” are the most important resource of an organization. Needless to say a business leader needs to pay utmost attention and nurture such significant resource of an organization. The stakeholders or precisely speaking, customers, can be happy only if the people of an organization are happy and improved productivity can happen only when there is apposite synergy among individuals.