Make your own rules as a Leader

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Dr.K.Balasubramanian CEO, Vision Unlimited www.visionunlimited.in MAKE YOUR RULES AS A LEADER :

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Meant for Leaders of any organization to practice and preach

Transcript of Make your own rules as a Leader

Page 1: Make your own rules as a Leader

Dr.K.Balasubramanian

CEO, Vision Unlimited

www.visionunlimited.in

MAKE YOUR RULES AS A LEADER :

Page 2: Make your own rules as a Leader

We are witnessing an exponential increase in the velocity, complexity, and unpredictability of change. This increase creates a hypercompetitive international environment that bears little resemblance to the one that existed even five years ago.

RULE #1: EXPECT VOLATILITY.

Page 3: Make your own rules as a Leader

Invent your own and make others follow you! Competitive advantages and profits will belong to innovators who transcend the existing parameters of competition.

RULE #2: INVENT NEW RULES.

Page 4: Make your own rules as a Leader

• Develop conscious strategies and mechanisms to promote consistent innovation. Resting on your laurels is simply not an option: winners are innovating and surpassing themselves constantly.

RULE #3: INNOVATE OR DIE.

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• 21st Century companies must dismantle the internal barriers that so often separate people, departments and disciplines. The boundaries between firms and their outside suppliers, customers and sometimes even competitors are also under severe pressure.

RULE #4: BREAK BARRIERS.

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• Implementation is everything and it better be fast. These days it's far better to be 80 percent right and quick than 100 percent and three months late.

RULE #5: BE FAST.

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• The days of depending on corporate size and reputation to drop opportunities in your lap are over. Entrepreneurs go out and make things happen and allow themselves to fail and improve because of it.

RULE #6: THINK LIKE AN ENTREPRENEUR.

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• The fastest growing markets in the world today are outside North America. Companies can and do now shop in a single global supermarket for just about everything.

RULE #7: THINK GLOBAL.

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• At the end of the day, the only truly sustainable competitive advantage will be your ability to learn faster and better than your competitors, and to turn that learning into new products, services and technologies before your competitors can imitate your last innovation.

RULE #8: KEEP LEARNING.

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• Concentrate on key strategic and profitability drivers, ones that reveal the underlying dynamics of your business, focus your energy on what really drives the future success of your business.

RULE #9: MEASURE PERFORMANCE DIFFERENTLY.

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• The place to improve the world is first in one's own heart and hands and then work outward from there. If we improve ourselves by doing good for others, we build a solid bridge for success in the years to come.

RULE #10: BE NICE.

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