MARCH 3, 2002
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Stanley Fischer Unplugged
He has the rare distinction of having advised through the half-a-dozen economic crises of the 90s. But now economist Stanley Fischer is calling it quits at the International Monetary Fund, and joining Citicorp as Vice Chairman. In India recently, Fischer spoke on IMF, India, and the global recession.
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The Patton Formula
Give people opportunity to succeed, they will. Give them clear goals, they will meet them. Set the bar high and people will raise themselves and meet it.

The questions often raised in case of sick companies is: what is the most appropriate style of leadership for such a company? Do turnaround situations need a model that is different from those existing in successful organisations?

In an effort to answer these questions, I came across a statement made by Melvin R. Goods, the Chairman and CEO of the US-based Warner-Lambert Company. Goods said: ''In the three years from 1942 to 1945, General George S. Patton won a war on the slogan of 'Speed, Simplicity and Boldness'. In the three years from 1995 to 1998, using the same slogan, Warner-Lambert went from a company described as 'amongst the walking dead of the pharmaceutical industry' to an enterprise ranked with the world's top 50 firms in terms of market value.''

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  Leadership Is A Formula  

Strategies need to have these three elements-speed, simplicity, and boldness-in order to be successful. The chief executive will be under pressure to act quickly; he will have to work with a less than perfect organisation that will be more comfortable with simple solutions; and he will have to take some bold turnaround decisions.

But Patton epitomised the command-and-control culture in a unit. Is it therefore an endorsement of his style of leadership? For many, including me, Patton is George C. Scott in the stirring opening scene of the film 'Patton' delivering his legendary speech. It has not stopped ringing in my ears, simply because he turned conventional wisdom on its head when he began by saying: ''Nobody ever won a war dying for his country. He won it by making the other person die for his country.''

Politically incorrect? Perhaps. But on second thoughts, I could not help appreciating Patton's unique interpretation of the command-and-control style. Patton was as much a leader as a team worker.

In one pithy sentence, the goal ceases to be some hollow abstraction like 'glory' or 'sacrifice' and becomes a practical, immediate and individual action plan. He gives the soldiers an identity of the winner. He lays continuous emphasis to his men that the army is a team. It wins because it lives, eats, sleeps, and fights as a team and individuals do not exist in his team.

Standard clichés like 'I have confidence in you' or 'I believe you can do this' don't fit into his way of thinking, which is another aspect of the Patton-style of leadership. Instead, the leader says: ''I can assure you that you will all do your duty.'' Success to him is an inevitability. The reward he dangles is graphic, and as far away from an ESOP as possible. ''Years from now when your grandson asks what did you do, you won't have to squirm and say: I shovelled dirt in Louisiana.'' Finally, he says: ''I'll be proud to lead you wonderful guys into battle, anywhere, anytime.'' He will be there in the thick of action and not isolated in an ivory tower.

Responding to objections raised by one of his colonels on the sagacity of crossing the river at one point marked by him on a map when there was a lack of adequate knowledge about the terrain, Patton said patting his thigh: ''Take a look at my pants, that's how high the water is.'' The enduring message that he sends across is one of preparation, teamwork, pride, motivation, and discipline. Patton had the ability to reduce complex tasks to their essence, and then focus all his resources on that essence. Simply put, he said: ''If you put all the pieces in place and give people every opportunity to succeed, they will. Give people goals they can understand, they will meet them. Set the bar high and people will raise themselves and meet it.''

If one wants do a Patton to revive the ailing organisation, he should by all means opt for the command-and-control model of leadership, and let critics be damned.

 

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