Ieaders today are facing exceptional situations of managing businesses in an environment that is becoming increasingly dynamic, fiercely competitive, and one that is being benchmarked globally, making them far less tolerant to failures.

	Going By The Book
	Tale Of A Ticking Turn
	Pssst... Wanna Buy Revenues?

Intellectual capital has become the most vital asset in creating value and a pre-requisite for being a successful leader in this new world. That's the kind of mettle leaders are made of.

The entrepreneurial streak in a leader, even if he is working for large, diversified, and publicly held corporations helps him to think out-of-the-box during turbulent times. He must always encourage and reward entrepreneurial thinking even if some of these efforts fail to deliver the anticipated results.

With the emergence of a younger talent pool, especially in the new-e sectors, a leader must have the capability to communicate across all age levels. Strong communication and inter-personal skills are a very important part of the leader's armoury.

Many traditional Indian businesses have taken a patriarchal attitude in running their operations. Loyalty to the company or the leader has been the primary driver putting performance in the back-seat. A successful leader must be highly result-oriented and performance-driven. Making tough decisions is never a stroll in the garden, but the mark of a leader is his unflappability. This does not imply that he should not have a sense of empathy with their team. However, compassion or empathy should not be at the cost of performance.

Finally, leadership is about the ability to motivate and get the best out of all the members of the team. The leader must remain optimistic and must lead his team from the front when adversity strikes.