JUNE 23, 2002
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Watching I-flex IPO
A host of IPO-wannabes-including Tata Consultancy Services, Maruti Udyog, and Hyundai Motor India-is going to be watching the I-flex public offering closely. The issue, due in June first week, will indicate the moribund primary market's appetite for new stocks, and the small investor's willingness to return to IPOs.


Saving UTI
It's bail out time again at UTI. With two of its monthly income plans maturing in July, it needs find Rs 2,400 crore-and fast.

More Net Specials
Business Today, June 9, 2002
 
 
Rough It Out

The word leader stems from 'leden', which means 'to travel', or 'to show the way'. The true measure of a successful leader is his ability to lead by example and live the brand values of his organisation.

  Going By The Book
 
  The World Is Ours To Lose  
  Don't Be A Control Freak  
  Sports, Organisations, And Free Markets  

It is important to remember that most leaders start small and more often than not have to accomplish big tasks with limited resources. The beauty of a small team is that everyone is invaluable and contributes as much to the positive outcome of a project as the one who is responsible for orchestrating their effort. In such a situation, a leader's success is dependent on his ability to understand and work with individual talent and bring out the best in each of his team members. To do so, it is often necessary for a leader to delegate and give individuals the freedom to hone and prove their skill on live business projects. This 'on-the-job' experience acts as a catalyst to transform average performers into confident achievers.

Along with being passionate about their job, good leaders must be committed enough to burn the midnight oil themselves, if they expect their team to work long hours towards the attainment of business goals. In my world, a true leader is one who has the ability to generate commitment towards the cause and make his team believe that the impossible could be made possible by providing a roadmap that greatly increases their chances of success.

I also believe that challenge is integral to facilitating good leadership as it makes individuals move out of their comfort zones to perform tasks that require hard work, innovation, and character. It is success at these difficult assignments that separates the men from the boys and helps a leader come into his own.

 

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