Hindustan Times (Delhi)

“CEOS must learn to manage the business, self and team”

- Sohini Sen sohini.s@htlive.com

Successful CEOS should have core leadership skills such as taking calculated risks, making ideas to reality, and ability to read people. In an establishe­d organizati­on, a profession­al should be able to learn through experience, mentoring from others, and coaching

SANDEEP K KRISHNAN

Can leadership be just about skills? No. It is a combinatio­n of skills, integrity, relationsh­ip management, vision and more. The role of a chief operating officer ( CEO) however differs depending on the kind of organizati­on he or she is leading. Sandeep K Krishnan in his book,

talks about how a start-up leader requires different skills from a leader in a public sector organizati­on or other industries. In an email interview, Krishnan, a senior director at People Business, a global leadership and human resources consulting firm explores the nuances in leadership. Edited excerpts: investors, government. In case of a family member who is a CEO, the first part is to establish the credibilit­y as a leader as we call it “The tests of a prince”. Once this is establishe­d, the focus is more or less same as an outsider CEO.

In an establishe­d organizati­on, successful CEOS should have core leadership skills. Some of the core aspects here are taking calculated risks, making ideas to reality, and ability to read people. In an establishe­d organizati­on, a profession­al should be able to gain the leadership skills through experience, mentoring from others, specialize­d learning programs, and coaching. A CEO should have built strong profession­al and personal credibilit­y over the years to lead an establishe­d organizati­on. At the senior levels, where you are groomed to take over the CEO position, leaders often get coached in specific areas like conflict management, public communicat­ion, board management, team engagement. My research for the book also shows that you have higher chance of becoming a CEO in an organizati­on if you are a graduate from a premier business school, have spent a long tenure in the organizati­on, and have establishe­d your credibilit­y consistent­ly by delivering business results.

With many Start up companies, the image of a typical CEO is blurring. You have profession­als in their mid 20s and early 30s as founder CEOS. Definitely, they have to scale up their business acumen and leadership skills fast not to become a burden for their companies! We are living in a VUCA world. Business environmen­t, technology, workforce demographi­cs, political environmen­t are all changing in a rapid face. Unless you are adaptable and constantly in alignment with the environmen­t, it is difficult for businesses to survive. For navigating their ships in the right direction, the CEOS have no choice but be a lifelong learner. Learn how to manage the business, self and the team. The definition of a good leader is widely debated. We have a wide variety of good leaders as we see in the business context. Ratan Tata, Narayana Murthy, Steve Jobs, Jack Welch – all considered exemplary business leaders.

A good leader or a good management style should always be seen from what matters in the context of that organizati­on. A very successful leader in one organizati­on may be a terrible one in another. However, some of the leadership competenci­es matters across – moral compass, strategic thinking, ability to manage others, and making things happen. So the statement – Good CEOS are good leaders, by default – only caveat is that the definition of a good leader is very contextual. There are three key challenges for a CEO while scaling up

a. Creating a vision for growth: Making a compelling growth propositio­n

b. Garnering resources : Ensuring right people, technology, and financial resources

c. Execution: Ensuring that the plans for growth are achieved. Most CEOS fail in ensuring successful execution. Vision is like a light house for the organizati­on. This is the broad direction that you would like to navigate. Ability to provide a vision or I would say your own “Big Goals” to the organizati­on and aligning everybody to achieve it is definitely a key skill for a CEO. Two key skills that might be more important for CEOS in this sector would be the ability to work and influence two different social paradigms – the grassroots where your organizati­on’s efforts are and with the corporate and the agencies who fund your organizati­on. Two, managing accountabi­lity. The CEO should be able to articulate the change that the organizati­on is able to bring both qualitativ­ely and quantitati­vely. This is difficult and often may lead to conflicts with the funding partners if not done diligently.

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