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First written on May 11, 2007

Revised and Updated on July 07, 2008

Secrets of Successful Leadership

Very often people ask the secrets of successful leadership. We have provided the words of wisdom of two wise men. However, all successful people in all fields have one common quality across the board which is, the ability to implement the decisions taken, quickly. The first major problem is that many in this world do not take decisions, keep dilly-dallying or vacillating or delaying or take very quick and impetuous decisions without thinking about the resultant consequences.  Some of them can't take decisions at all. All decisions carry risks. The risks have to be minimized. That's all a leader can do. Decisiveness is the most important quality of a leader according to Mr. Lee Iacocca.

The second major problem is that once the decisions are taken, the implementation is neither quick, nor carried out properly. This is often the case with large, democratic and bureaucratic set ups. This is the single most important reason as to why individual driven, autocratic organizations are more successful in any field. However, the risk of failure is also high.  The reason is when the leader fades away from the scene, the organization stumbles. It is very difficult to replace such great entrepreneurial leaders. Individual driven organizations do not have the inherent capacity to develop leaders, because the potential leaders get eclipsed, however good they might be. Many management thinkers and academics paint the picture that being autocratic is bad. It is not completely so. If you want to implement decisions, you have to be autocratic.

Wal-Mart is a typical example of such an organization after the demise of Mr. Sam Walton. If it has grown very big after his departure, it is due to the large momentum gained. Professional driven organizations do not experience problem of such nature. GE is one such organization after the departure of Dr. Jack Welch. Mr. Jeffrey Immelt is doing an equally good job under the changed circumstances, but he can't be called a charismatic leader. It is not necessary to be charismatic to be a good business leader. Mr. Donald Peterson had the charisma of a 'dead mackerel' according to Dr. Pascale in the book 'Managing on the Edge'. Unfortunately, the school led by Burt Namus and others  have stressed too much on charisma. Professionally managed large organizations have one more advantage. One mediocre leader gets replaced by another mediocre leader. The organization doesn't suffer much. 

Charisma plays an important role in the political field. John Kennedy, Pierre Trudeau, Jawaharlal Nehru, Fidel Castro, Margaret Thatcher, Indira Gandhi and Bill Clinton are such charismatic political leaders. Implementation calls for unique leadership qualities and the quote of the second richest man in the world today is given in the banner above. 

Compiled and written by Madhavan T Gopalachary

The views, opinions and interpretations are personal. Sponsorship does not mean that the sponsors endorse them.

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