Odisha Sun Times Business Bureau
Bhubaneswar, May 6:
“People should be the focus in any enterprise and a leader should inspire the followers to think differently to achieve greater success”, Dr Ashok Kumar Balyan, managing director and CEO of Petronet-LNG, said today.
“How you nurture and develop the people under your charge is what matters,” he said while delivering a talk on “Building Leadership Capability for Business Performance” at the SOA University here.
Pointing out that mentoring and coaching were the traits of a true leader, Balyan, who worked with ONGC for 30 years, said leaders who motivate and inspire should be the role model for the followers.
“A true leader would always admit his mistakes”, he observed.
He listed a number of leaders drawn from varied fields who have left their imprint in the world.
While Mother Teresa greatly impacted the society by caring for the poor and deprived section of the society, Sardar Patel showed grit and determination in persuading the princely states to merge with India after independence.
Steve Jobs was an unconventional leader with loads of charisma, revolutionary vision and innovative genius. Jack Wench created a model every corporate leader could learn from, he said.
“A leader should strike a balance while managing the new world order in business by managing the present, selectively forgetting the past and creating the future,” he said adding “you need to selectively destroy practices, technology… you need to change.”
Defining a leadership company, Balyan said it would need to move from a command-and-control company to a leadership company which should be run with a network of leaders without any hierarchy.
“The people should be free to speak their mind in such a company and there should be multiple first among equal leaders. Besides, the employees must derive satisfaction on being involved,” he said adding all changes should be for the better.
Emphasising the need for sustainable leadership, former Director General of Police of UP Dr Chandrabhanu Satpathy, who was the chief guest on the occasion, “in good management, the boss should not feel he is the boss and the subordinates should not forget who is the boss.”
The programme, presided over by Prof Jyotirmay Mohapatra, dean of Institute of Business and Computer Studies (IBCS) under SOA University, was conducted by Dr Jyoti Ranjan Das, Associate Professor, IBCS.