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Importance of Leadership in Current Times Dr A Jagan Mohan Reddy

Importance ls in current times

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Page 1: Importance ls in current times

Importance of Leadership in Current Times

Dr A Jagan Mohan Reddy

Page 2: Importance ls in current times

Introduction: “ Before you are a leader, success is all about

growing yourself.  When you become a leader, success is all

about growing others. “--Jack Welch

3 Skills - leading, Managing, And Working. A leader -Strongest in leadership, A Manager-Strongest is management andA Worker -Strongest in workmanship.Leadership is different from management in several

aspects. e.g., A President/ CEO - both a L/M; Chief Architect –Just A L; A Project Manager -Just a Manager. A Programmer can just be a worker.

This does not imply that a Manager's role is less significant..

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Difference between Manager and LeaderHave Employees.   React to Change.Have Good Ideas.    .CommunicatesDirects GroupsTry to be Heroes.     Takes Credit.  Managers are

Focused  Exercise Power 

Over  People  

Win Followers.Create change. Implement them.Persuade. Create Teams.Make Heroes Of

Everyone around them.Take Responsibility.     

        Create shared focus.Develop

power with people

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Concept of Leadership “Managers are people who do things

right, while leaders are people who do the right thing.”

Good leaders are made not born. If you have the desire and will power, you can.

LS Skills[ what you must be, know and do]can be acquired through continual work and study.

The best leaders are continually working and studying to improve their leadership skills.

'Leadership is all about courage to dream big.'

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Three Things that Mark Leadership Courage to dream big, to take tough

decisions, etc. Ability to raise the Aspirations Of People

and Open minded and to Accept Great Ideas .   “Trust and confidence in Top leadership was the single most reliable predictor of employee satisfaction in an orgn.”

Effective communication by leadership in three critical areas was the key to winning organizational trust and confidence:

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Three Critical Areas Helping understand the company‘s

Business Strategy.How they contribute to key

Business Objectives.Information on how the Company&

Employee are doing. So a leader must be trustworthy and able to communicate a vision of where company is going

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2013 Key Global Findings From The Hay Group 2011 Best Companies for Leadership study

95% of leaders at Best Companies are culturally savvy and able to be effective with diverse teams

100% of the Best Companies let all employees behave like leaders.

100% of the best companies manage a pipeline of Qualified Leadership Candidates

Leadership Boosts The Bottom Line. Best companies outperform the S&P 500 almost 2x over 10 years

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90% of Best Companies let employees bypass the chain of command with an excellent idea

Problems are Opportunities. 95% of Best Companies think this way

Collaboration is Mandatory. 100% of Best Companies take action when a leader is not collaborating

95% of Best Companies reward Leaders based on their ability to build Excellent Peer Relationships

In Best Companies, 95% of Senior Leaders Take Time To Actively Develop Others. Only 48% of leaders at peer companies do this

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The Process Of Great LeadershipChallenge the Process-Find a process that

needs to be improved the most.Inspire a Shared Vision-Share your vision

in words that can be understood .Enable Others To Act-Give them the tools

and methods to solve the problem.Model The Way-when the process gets

tough, get your hands dirty.e.g.,Ratan rolling his sleeves

“ A boss tells others what to do…a leader shows it can be done.”

Encourage the Heart-Share the glory and keep the pains in your heart.

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Impact of leadership in organization

a}Leadership and Human BehaviorAble to understand and motivate them. Know human nature-needs- motivators.b}Leadership and Communication “LS is the hallmark of management.”Faulty Communication causes the most

problems.Effective Communication occurs only if the

receiver understands the exact information or idea that the sender intended to transmit.

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c}Leadership and MotivationInfluencing someone's motivation

means getting them to want to do what you know must be done.

A person's motivation depends upon two things:

a}The strength of certain needs. b}The perception that taking a

certain action will help satisfy those

needs.

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Leadership Secrets1. Decisiveness Is Key “The most distinguished trait that

defines a good leader is the willingness to make decisions that are need of the hour no matter how difficult they may be. “

2.Visionary Leadership (B.Muthuraman, MD, Tata steel)

The ability to create a shared vision among team members is the primary trait of a true leader.

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3. Relate And Rule Ability to recognize all the factors that would

make the leader succeed in motivating the group.

4. Take Responsibility: Satish Dhavan and Kalam saab

“A leader is only as good as his team. “Leadership Involves Two Steps: helping subordinates take advantage of their

talents, and then fine tuning their performance.

“Good leaders always take responsibility for both the success and failure of their teams.”

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ConclusionLS has paramount importance in

VUCA.Competitive/competent LS- will face

all the problems very efficiently. “The recognition of hearing you did a great job and that others are hearing about it is worth more than money”.

“Being centered around others rather than oneself or owns task”

-Altrocentric LS.

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