A leader has a knack for appointing employees that are best suited to his team, have proven ability, and have a clear understanding of the purpose of the job. However, the definition of a leader goes far beyond that. Not only do they have to see through talent, but they must also help employees hone their skills and take over during times of crisis. A true leader is someone who understands the inclusive public philosophy that guides a nation. From working out self-improvement strategies to boosting employees’ morale, a true leader is known for his determination, understanding, and willpower.
Successful businesses are backed by exceptional leadership. The encouragement for employees of an organisation to be motivated cannot exist without inspiring leaders guiding them. So, to thrive in a position of leadership, robust leadership skills are essential. True leaders can be found in all walks of life and they teach us unforgettable life lessons. While some aim at changing the world through science, innovation, business, and art; others continue to inspire us to achieve more, make this world a better place and never let dreams slip away.
Mentioned below is a list of some of the most famous Indian businessmen and what we can learn from them.
Nithin Kamath’s Eye for Personal Growth – The foundation of building a solid team
As far as effective leadership is concerned, personal growth is one of the most significant skill sets that contribute significantly to making a true leader. In addition, building a strong, cohesive, and effective team requires a person who knows how to hone their skills and establish strong working relationships. A similar example is that of Nithin Kamath, the Chief Executive Officer of Zerodha. In the early 2000s, Nithin Kamath studied at the Bangalore Institute of Technology while also working on whetting his skills as a trader.
One of the most famous personalities in finance in India, when Nithin was first introduced to the stock market by his friends, he lost all the money he had invested. However, after three years of rigorous training for self-improvement, people started noticing his performance on the stock market and asked him to help them make trades. Thus began Nithin Kamath’s full-fledged foray into the world of investments. These leaders in finance make us understand the importance of honing our skills to be effective. When a leader is truly confident about what he is doing, his team remains engaged, happy, and productive in the workplace. In his words, “As you keep developing your skills, you become like a fine wine.”
Rishad Premji’s Agility and Adaptability – Always Staying on the Cutting Edge
One of the hallmarks of an efficiently performing company is adapting and staying on top of technological developments. For this reason, in organisations like these, the abilities associated with agility have been present throughout moments of sustained success. The question is, to what extent can we ascribe this success to the leaders of today?
Let’s take, for example, the Chairman of Wipro, Rishad Premji. When asked what it was like to do business during the pandemic, he said that for companies like Wipro, the pathway to success was to promptly respond to this sudden shift to digital with equal proportions of speed and agility. That said, the demand for talent is also bound to outpace supply and thereby become a key dependency for growth. In fact, he believes that proximity to employees and customers is essential for business success. Wipro’s current transfiguration is one of the most powerful case studies on how a healthy, mature, and strong organisation must be agile even at a time when the world is navigating economic instability, climate change, and above all, a pandemic. Premji’s rise as a business leader demonstrates that leaders aren’t born; they’re made.
Sanjiv Bajaj’s Innovation and Creativity – Keep Pushing Your Boundaries
What did it take Sanjiv Bajaj to become a leader in the financial lending industry?
Bajaj Finserv is known for its technological advancements. They’ve come a long way from selling imported two-wheelers and three-wheelers to expanding into a full-fledged NBFC. Hailing technology as the most significant enabler for providing just the right products and services for their customers, Sanjiv Bajaj, the CEO of Bajaj Group is amongst the top NBFC leaders in the country. He firmly believes in following a consumer-first approach towards innovation. By forging ahead of the competition, Sanjiv Bajaj has become a best digital Pioneer in india in driving a revolution in digital lending services.
While a typical consumer loan usually took about three to four days to get approved, Bajaj Finserv, headed by Sanjiv Bajaj, deep-dived into the roots and discovered that today’s consumers are all in to buy convenience. For example, let’s assume you want to buy a LED TV immediately. Won’t you appreciate it if the company offers to cut down on the waiting period? That’s exactly what Sanjiv Bajaj’s team has been working towards. In his words, a lot of innovation comes from thinking about the consumers first. With digital taking over the world, this is precisely what our country needs.
Kunal Shah’s Employee Motivation – Improving Company’s Efficiency
One of the most valuable leadership skills is to know how to keep your employees happy, motivated and mentally fit, irrespective of their level of engagement. An example of such a leader is Kunal Shah, the Founder, and CEO of FreeCharge. When asked how he keeps his employees motivated and energised, he mentioned that a strong culture breeds employee engagement. For instance, if an employee wishes to leave FreeCharge to become an entrepreneur, the company does not try to retain that person. Instead, they encourage the employee to pursue his dreams. Nothing boosts an employee’s morale than being supported through thick and thin. By doing such simple but essential things, Kunal has successfully created an environment of innovation and responsibility.