OCTOBER 10, 2004
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Q&A: Montek Singh Ahluwalia
The celebrated Deputy Chairman of the Planning Commission speaks to BT Online on the shape of post-liberalisation planning to come. What prompted his return to India, what exactly is the Commission up to, what panchayats mean to India's future, and yes, the relevance of Planning in the market era.


Of Mice...
Mouse-click yourself any which way in cyberspace; why net-surfing plans are such a drag.

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Business Today,  September 26, 2004
 
 
Lead From The Heart
 

The common factor in the many effective styles of leadership lies in meeting and overcoming challenges. Strong challenges produce the best results, and to achieve and exceed goals in a competitive environment, the philosophy of "anything is possible" must be embedded in the organisational culture. For this to happen, a clear and compelling vision for the future of the organisation is an absolute necessity. Vision is not just about benchmarked goals or revenue/profit targets; vision is a place where you want the organisation to be.

To execute this vision, you must lead people from your heart and not your head, because people commitment comes from an emotional attachment to the leader, to the mission and to the goals conveyed by the vision. With the support of a committed, positive team, almost anything can be accomplished. To get this support, it is essential for an organisation to develop a culture based on consensus. My experience has shown me that one is a better leader when one plays a support role in meeting challenges, allowing the team members to find the means to accomplish the goals in line with the vision. More importantly, recording the direction of the enterprise is fruitful, as nothing motivates action more than a view of a future target.

But most importantly perhaps, everyone must benefit from success and share the consequences of failure. If we reward people for success, then they must equally share the burden of failure. This is based on the premise that delegation of authority can be accomplished only when the team takes full responsibility for its actions. After all, if we never allow people to fail in their challenges, we will never have allowed them to achieve their ambitions.

 

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