The 80s’ and 90s’ style is passé. Leadership style has to evolve to suit new-age employee aspirations.
According to the Economist.com, India is the world’s fastest-growing large economy, with a brisk projected increase in GDP of 7.8 per cent. In addition, India, for the first time in history, jumped 30 spots in a single year to be ranked among the top 100 nations in the Ease of Doing Business index. Further, NIFTY has risen almost by 3,000 points in the last 125 weeks. So, the economy is not the reason why companies are facing losses now. What is the real problem then?
It is not sales, location, product, change in technology, or the millennial issue—these all are simply situations which can be dealt with. The real problem of any company suffering minimal growth, or constant Q-o-Q or Y-o-Y losses is simply the lack of positive and influential leadership. Times have changed and you can no longer be a manager or leader of the ‘90s and 2000s anymore; this is a new generation of management and leadership calling for evolution in leading style.
Evolve or perish—the law of employee engagement for the new era
This story is from the November 2018 edition of Indian Management.
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This story is from the November 2018 edition of Indian Management.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
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