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What are some of the trends shaping our future, and what kind of leadership
behaviors will help us navigate through our future? What leadership
competencies will help us manage the trends that we see today?
New form of Globalisation: East moving towards the West
The London Cab is as much an icon of the British capital as the Big Ben or
the Tower of London. Chinese car manufacturer Zhejiang Geely bought black
cab maker Manganese Bronze. Geely also bought Volvo in 2010 and couple
of years ago Tata bought Jaguar and Landrover, two of the proudest names in
the car industry.
Indians are now leading massive global organizations, and the likes of Satya
Nadella, Indra Nooyi, Shantanu Narayen, Rakesh Kapoor, Ajit Jain, Anshu
Jain, and Ajay Banga will increase in the coming years. In the academic world
Prof. Rakesh Khurana, Sanjeev Kulkarny, Deepak Jain and Nitin Nohria along
with many others are heading prestigious universities worldwide.
The new Globalisation is East moving towards the West, while professionals
from the west continue landing in their homland in the East to do meaningful
work. So the world is shrinking and the saying "such a small world" is literally
true. This means that Indian leaders need to be global leaders in 2020.
and values to a new, higher level can address the new centurys many
adaptive challenges.
Analjit Singh, who is the founder and chairman of Max Healthcare and Max
Bupa Health Insurance Company Limited and Executive-Chairman of Max
Life Insurance, while adressing a gathering recently said that we should move
away from blue-sky thinking to cloudy-sky thinking keeping in mind the fast
paced changes that we experience.
I reached out to a number of industry experts inquring about the
competencies of the 2020 leader. Among the people I approached, four were
from academicia, Prof. Robert Kegan from Harvard School (author of The
Immunity to Change), Prof. Vidyanand Jha from IIM Culcatta, Prof. Rishikesha
Krishnan from IIM Indore and Prof. Kavil Ramachandran from ISB,
Hyderabad. Robert Kegan wrote to me in his email that Companies that will
thrive in the years ahead, will be those with the greatest reservoir of human
capabilitiesnot in the leader alone, but in those who are led. No leader will
succeed trying only to buy, recruit, and retain the best talent available. The
single most important characteristic in the leader will be the ability to shape a
culture that can grow talent--helping people to become better versions of
themselvesevery day, in every job, woven into the way work gets done.
Kavil Ramachandran says that leaders need to have the ability to think from
multiple perspectives simultaneously, demonstrate adaptability and need to
have tolerance to ambiguity.
"The 2020 leaders need to manage diverse stakeholders; balance profitability
and sustainability and higher expectations of public accountability" said
Rishikesha Krishnan.
According to Porf Vidyanand Jha, the first set of
competencies is the ability to dream, think strategically along and to imagine.
The second is the ability to persuade or use influence without authority, and
the third is compassion.
I also reached out to senior HR and Learning professionals and a large
number of people respoded to the question, "what would it take to lead in
2020?" Rohit Thakur, HR Head Microsoft India, S Varadarajan, Chief Human
Resource officer, TATA SIA Airlines, Ranjan Bandyopadhyay, Global HR head
strategic Initiatives & BPO, TCS, Makarand Khatavkar, Managing
Director&Head-Human Resources, Deutsche Bank AG, Prithvi Shergill, Chief
Human Resource officer, HCL, Piyush Mehta, Senior VP, HR at Genpact,
Sandeep Gandhi, CHRO Aircel Maxis Group, and Krish Shankar, Head of
HR, Indian Subcontinent at Philips, Dr Sujaya Banerjee, Chief Talent Officer
and Sr VP HR, Essar Servises, Shalini Sarin VP and Country Partner HR,
Schneider Electric, Sanjay Sen, Group HR head, Avantha group and Yogi
Sriram, Sr VP Larson and Toubro.
Here are the characteristics that describe a 2020 leader:
1. Mindfulness, authenticity, self-awareness, compassion and courage. Focus
was placed on developing the inner aspect, the 'being' aspect of a leader.
Courage is another important quality - having the courage to make oneself
vulnarable because the 2020 leader is not going to have all answers. S