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JULY 17, 2005
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Bike Wars
The battle for dominance of India's bike market intensifies with Bajaj Auto's launch of the 180-cc cruiser Avenger at a competitive Rs 60,000. Its rivals, though, aren't sitting idle, and promise a virtual bonanza for the consumer.


Fly Cheap, But...
Low-cost is the way to go for India's booming airline industry. But is airport infrastructure ready for the coming flood?
More Net Specials
Business Today,  July 3, 2005
 
 
People Are Key
 

By definition, a leader is a leader because of his followers. I strongly feel that the ultimate success or failure of a leader depends largely on that of his team. It's imperative for a leader to be a good communicator. Also, the vision he has envisaged for his organisation must percolate from the top to the bottom. A successful leader is one who is able to delegate tasks to his people according to their capabilities and ensures that job satisfaction is attained. This invariably leads to an improvement in overall performance and increases an organisation's efficiency level.

A leader needs to be meticulous in his work. He should also be a good listener and have empathy for his employees. A leader needs to build a conducive environment of trust and transparency that will invoke confidence among his people and enable them to approach him. A leader has to be a multifaceted personality. He plays many different roles according to the situation and the nature of his subordinates. He's a coach, a parent, a friend and a guide in different contexts.

Another significant quality of a successful leader is his ability to take risks and inculcate the same in his people. A leader is a strategist; hence, he needs to foresee and plan accordingly. He should keep track of the bigger picture, and ceaselessly scan the environment to see that the organisation is able to adapt to the changes before those are implemented.

A leader has to be passionate towards his work and ensure that this quality is imbibed among his people to enable them to deliver quality products and services.

A leader must be able to identify his successor and make sure that the vision envisaged is taken forward by his successor.

Above all, a good leader has to be humane in his approach when dealing with people. Leadership is never proven; it's tested everyday.

 

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