We have come across countless case studies of companies making it big, after surviving a hard time. Given the data in this case study , if we look at the acquisitions made by KFA, guess the accountabilities stands clearer
Requesting our experts to share their insights on this case.
This is an intriguing post featuring the KFA debacle.
I am reminded of one the popular questions that was
found in a GENERAL MANAGEMENT question paper
almost three decades back.
When an Organization fails to perform, the Chairman / MD
is changed and not the workers. Why ?
Since the Organization failed to pay the salaries (not withstanding
the retrenchment and the prune down of the operation)
the employees resorted to strike.
It is not that the employees went on strike and so it paralysed the operations.
Blaming the employees is a baseless insinuation.
Not only the Chairman of the company; but his loyal CEO too; while upholding the traditional Indian culture of "Lalaji companies" chose to fume at the employees for the grounding of the airline.
Not their fault.
They, in all fairness - compatible with company culture; must have considered their employees as unpaid-lifelong-slaves !!!
P.S. : There was also a report of their CEO getting a raise !! No wonder he supports his Chairman blindly.
Wish to share this article as published on Financial times on the Linguistic pattern of a leader. Science can help to spot symptoms of executive hubris The research findings as shared in this article seems parallel to the statements made in the KFA article.
The article on hubris is very interesting. I am sure more of such studies will surface. It is currently focussing on the behaviours already exhibited by people. Perhaps when they collect more statistical evidences, they would be successful in predictions also. Certainly there is a long way to go.
However time honoured value systems should come to the fore in such difficult situations. In my view belongingness is a more fundamental concept. Successful people learn and grow with that attribute. It stands in good stead for them during bad times. They say while Managers prefer more of I Leaders stress on WE.
Adversity brings the best from a Leader, while the ordinary succumb to the pressures of the situation. Those with iron will emanate their Leadership qualities.
Travelling back in time,during the peak days of Second World War England was battered by German attack on all fronts.There is a motivating speech by the then Prime Minister Sir Winston Churchill and it is enclosed for the benefit of all the readers.
Leadership is a very fascinating subject and more one learns about it, more the appetite grows.
Can leadership be "copied" ?
Richard Branson is a charismatic leaders who believes in leading from the front, "living" it, and having a great time with people !!!
He lives an outlandishly colourful life. His Virgin airlines is also painted in overflowing red letters on a white background.
Having calendar shoots, F1 adventures and partying with Bollywood starlets may appear typically Bransonesque in the Indian context.
However, just aping a few characteristics which are manifest externally, does not necessarily make a good leader. A good leader is one who commands respect, does not have to demand it, from his followers. This does not come from being hostile to employees and subordinates.
It seems so funny and pathetic at the same time to expect employees to work FREE; in a company and industry that hires-and-fires with impunity, without any fear of legal or social embarrassment; as the top management continues to splurge on models, ads and parties; and continues to live life king-size.
Corporate employees who are willing to put their lives in the line of duty, as seen in the Mumbai Terror attacks; are led by leaders of substance, who put their employees interests before anything else; leaders like JRD and Ratan Tata.