Mahmud's capital city and tomb are now crumbling, unmarked and uncelebrated. Such is the collapse of arrogant power and pomp! What mental health is for modern young people, arrogance and ego are to boardrooms. The evidence that CXOs are increasingly affected by arrogance is anecdotal, but a sure trend. In my 2018 book, CRASH, I quoted researchers, who found that power intoxicates a leader and impairs the person's judgement (Professors Pamela Smith, Dacher Keltner, Sukhvinder Obhi et al). The pressure on chief executive officers (CEOs) to constantly demonstrate energy and competence is excruciatingly intense.
Paradoxically, the performance metrics are subtle and ambiguous if you can, listen to Donald Trump's views of Joe Biden's performance!! CEOs are evaluated as if business delivery can be precisely measured. If a CEO cannot deliver growth, increase market share, or report higher profits within a time frame, the person is fired or he or she quietly resigns, like in Starbucks, Paramount Global, and Boeing. Even in conservative Japan, the Suntory CEO, Takeshi Niinami, lamented that Japan has reached a "tipping point", driven by shareholder activism. Can India be far behind? Outsiders do not have authentic information about the company. Reasons behind CEO partings are many, including being authoritarian, arrogant, or behaving as if they are god's messenger.
Diese Geschichte stammt aus der January 25, 2025-Ausgabe von Business Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der January 25, 2025-Ausgabe von Business Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
![Govt eyes ₹50K cr PPP projects for key ports by FY30 Govt eyes ₹50K cr PPP projects for key ports by FY30](https://reseuro.magzter.com/100x125/articles/18959/1990129/OODspPE8DjxOBg86NgXsys/GOVT-EYES-50K-CR-PPP-PROJECTS-FOR-KEY-PORTS-BY-FY30.jpg)
Govt eyes ₹50K cr PPP projects for key ports by FY30
Pipeline part of push for private investments as announced in Budget
![Govt may use reserve oil funds to finance fertiliser subsidy gap Govt may use reserve oil funds to finance fertiliser subsidy gap](https://reseuro.magzter.com/100x125/articles/18959/1990129/aguaXOGrWsN678ANZtusys/GOVT-MAY-USE-RESERVE-OIL-FUNDS-TO-FINANCE-FERTILISER-SUBSIDY-GAP.jpg)
Govt may use reserve oil funds to finance fertiliser subsidy gap
For the first time, the government is likely to dip into the Oil Industry Development Fund (OIDF) to finance part of its fertiliser subsidy programme for 2025-26, according to official sources.
![Ensuring there are no speed bumps in ties Ensuring there are no speed bumps in ties](https://reseuro.magzter.com/100x125/articles/18959/1990129/6jJtnZJszJU9RyF7X3Bsys/ENSURING-THERE-ARE-NO-SPEED-BUMPS-IN-TIES.jpg)
Ensuring there are no speed bumps in ties
Prime Minister Narendra Modi's upcoming meeting with United States (US) President Donald Trump may focus on a range of issues, including greater market access, a potential trade agreement, buying more defence and energy products, and ramping up investments from America,
![VEM Technologies Hyderabad—an emerging global giant with its inbuilt strength VEM Technologies Hyderabad—an emerging global giant with its inbuilt strength](https://reseuro.magzter.com/100x125/articles/18959/1990129/MbsNuJ5SOcIglW7NiD4sys/VEM-TECHNOLOGIES-HYDERABADAN-EMERGING-GLOBAL-GIANT-WITH-ITS-INBUILT-STRENGTH.jpg)
VEM Technologies Hyderabad—an emerging global giant with its inbuilt strength
The VEM Technologies Pvt. Ltd., based in Telangana, is rapidly emerging as one of India's leading companies in the global defence sector. Under the leadership of its Founder, Chairman, and Managing Director, V. Venkat Raju, the company is committed to building India's defence manufacturing capabilities. Its core philosophy is simple, \"Making India self-reliable in Defence, Aeronautics and Space\". With this vision, VEM Technologies is advancing not only its own growth but also contributing to India's self-sufficiency in defence production. The company has also expanded its reach by exporting defence equipment to several countries, including the United States. In an interview with Business Standard, Mr. Venkat Raju shared his vision for the company and its role in strengthening India's defence sector.
![Indian Hotels Set to Add Another ‘Taj’ to Mumbai Indian Hotels Set to Add Another ‘Taj’ to Mumbai](https://reseuro.magzter.com/100x125/articles/18959/1990129/maHIlmMlXQp9FwfbKuTsys/INDIAN-HOTELS-SET-TO-ADD-ANOTHER-TAJ-TO-MUMBAI.jpg)
Indian Hotels Set to Add Another ‘Taj’ to Mumbai
To invest ₹2,500 crore in Bandstand property
![Bold is beautiful Bold is beautiful](https://reseuro.magzter.com/100x125/articles/18959/1990129/1H69jIS7G1m4iRXXQV3sys/BOLD-IS-BEAUTIFUL.jpg)
Bold is beautiful
Wedding décor is going beyond aesthetics, embracing grand elements in a nod to the couples' personal stories, writes Abhilasha Ojha
![Saluja plans to stay on until open offer ends Saluja plans to stay on until open offer ends](https://reseuro.magzter.com/100x125/articles/18959/1990129/6F3qj9wpGcMqzVviNQNsys/SALUJA-PLANS-TO-STAY-ON-UNTIL-OPEN-OFFER-ENDS.jpg)
Saluja plans to stay on until open offer ends
Rashmi Saluja (pictured), chairperson of Religare Enterprises, has no plans to resign from the company despite being voted out as director during last week's annual shareholders' meeting.
![Close encounters in Israel-Palestine Close encounters in Israel-Palestine](https://reseuro.magzter.com/100x125/articles/18959/1990129/StmT0HjUec9mmiP2BjUsys/CLOSE-ENCOUNTERS-IN-ISRAELPALESTINE.jpg)
Close encounters in Israel-Palestine
Stanley Johny's Original Sin: Israel, Palestine and the Revenge of Old West Asia delves into the complex interplay between historical inevitability and moral reckoning.
![Royal Rajasthan Royal Rajasthan](https://reseuro.magzter.com/100x125/articles/18959/1990129/JL9xkklfkoTtPTJJHrZsys/ROYAL-RAJASTHAN.jpg)
Royal Rajasthan
Rajasthan's palaces and forts are synonymous with royal weddings.
![Trump's metal tariffs put India exports at risk, spark glut fears Trump's metal tariffs put India exports at risk, spark glut fears](https://reseuro.magzter.com/100x125/articles/18959/1990129/dWZR9UsMdw8VCEdHpUusys/TRUMPS-METAL-TARIFFS-PUT-INDIA-EXPORTS-AT-RISK-SPARK-GLUT-FEARS.jpg)
Trump's metal tariffs put India exports at risk, spark glut fears
Besides 25% duty on all steel, aluminium imports, US plans 'reciprocal tariffs'