Business Today

“You are the custodian of the culture of the organisati­on”

- RAMESH IYER, VICE CHAIRMAN & MD, MAHINDRA FINANCE –

Ramesh Iyer

Q: What was the issue you were grappling with?

A: We were setting up retail finance options across the country in the mid-’90s. The biggest challenge was to recruit teams locally. They came from different background­s. The challenge was to align them to one Mahindra culture. Trust and empowermen­t were the two pillars of success.

Q: Who did you approach for advice and why?

A: I used to work under a general manager (GM) named Gidwani, in my previous job. Those days, GM used to be head of the unit and I was the junior-most employee. He used to come very early to office. I often followed the same route to learn from him. His advice came in handy.

Q: What was the advice?

A: He once said people should fear you not for your authority but for your knowledge. If people fear you for your knowledge, they will respect you for that. The other thing he used to tell me is that you must respect everyone irrespecti­ve of age, level and capability. But more importantl­y, as a leader, you are the custodian of the culture of the organisati­on.

Q: How effective was it?

A: Today, this is the culture in this company. They build pressure for performanc­e but don’t use unacceptab­le language. I may not have witnessed the benefit when I was growing into leadership roles. But once I came into Mahindra Finance, I started relating to it substantia­lly. I was almost the first employee along with Executive Director V. Ravi. We both started the company with one table and two chairs. In last 25 years, I have never lost my temper. I have not used language that is very offensive to people.

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