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Team formation is fundamental to success, and senior management involvement helps. Leader should anticipate the opponent#s move and strategise accordingly. It is very easy for an organisation to relin$uish market dominance due to a bad decision.
Team formation is fundamental to success, and senior management involvement helps. Leader should anticipate the opponent#s move and strategise accordingly. It is very easy for an organisation to relin$uish market dominance due to a bad decision.
Team formation is fundamental to success, and senior management involvement helps. Leader should anticipate the opponent#s move and strategise accordingly. It is very easy for an organisation to relin$uish market dominance due to a bad decision.
Lesson: Involve the team in any major decision-making process.
When one has the
buy-in, it yields far better results. Lesson: Team formation is fundamental to success, and senior management involvement helps. They can apply their rich eperience in choosing right people for the right job. This also helps team members to have an access !ith senior management if they have any suggestions and recommendations. It also makes information flo! smoother and decision-making faster. Lesson: " leader should anticipate the opponent#s move and strategise accordingly. This takes the surprise factor out of the e$uation and helps in keeping the morale of the team high. Lesson: "lthough $uantity might provide an edge, $uality can add to the edge. %r blunt it, at times. Informed and intelligent decision-making overcomes many apparent disadvantages. It is very easy for an organisation to relin$uish market dominance due to a bad decision. &ome of these decisions have $uick impact, !hile others might become evident after some time. If time permits, one should revisit the decisions or else learn from it to avoid future mistakes. Lesson: %pportunity comes !ithout any announcement. It should be sensed, grabbed and eploited. Lesson: 'iving and receiving feedback is an art and should be eecuted carefully. Leaders should be careful in providing feedback. If feedback is not good, the leadership must provide an opportunity for another round of discussions !here misgivings could be set right. (raise openly, criticise confidentially -- that should be the policy !ith those in strategic positions.
Lesson: "ny case of ethics or serious offence should be handled immediately, irrespective of employee#s past performance and high rating. Lesson: )isk and re!ard go hand in hand. It is human to epect appropriate re!ard for taking risks. Lesson: (repare a backup plan to face any contingency. This plan should be eecuted at an appropriate time !hen the current plan fails to deliver the desired result. This is !hat *aharaja +dai &ingh II had done by building a ne! to!n and seamlessly shifting the capital !hen ,hittor fell. Lesson: &uccession planning should be revie!ed periodically, and modified based on the ground realities. It should be done on merit, not on favouritism. Lesson: %ne could set an aggressive goal even if it is against popular belief or practice, provided one is determined and !eighs the decision !ell by considering the full perspective Lesson: -on#t be rigid. %ne should be fleible in entertaining ne! ideas and suggestions from the team members, and take corrective actions if convinced. Lesson: Leadership does not come by position, but by the $ualities one demonstrates. This can turn the person into a role model, someone people !ould like to emulate. .ere, (ratap#s leadership $ualities impressed &hakhti &ingh, !ho, in turn, sho!ed a higher sense of maturity. /ravery and leadership of (ratap appealed to his higher senses. Leadership guided by higher senses and great value systems are sustainable. It makes others follo! the path. Lesson: Willing to change the strategy by learning from the failed ones. The goal is to find a !inning strategy. It#s a case of using one#s strength against the enemy#s !eakness. Lack of kno!ledge of the local terrain made *ughals vulnerable to guerrilla attacks that *aharana (ratap together !ith /hils utilised to their advantage. Lesson: -uring eecution, it is sometimes common to lose sight of the goal and move a!ay from the path and take one that is not aligned !ith the end goal. -uring this time, one needs mentors, friends and allies to provide the right guidance. Lesson: %ne should not be !orried about setting aggressive goals for the fear of failure. 0ven if one cannot achieve the entire goal, partial achievement in the right direction is far more commendable than taking an easy !ay out.