Deciphering the Leadership Enigma
The common denominator in Enron’s Kenneth Lay and Microland’s Pradeep Kar was that they were dynamic motivators to their team-mates. They were leaders and some how both lost their enigma somewhere in the race. They were deposed from their ruined empires.
But some leaders are self motivated to the extent that they do not compromise with values, aspirations and performances. They continuously lead and motivate their people. They are experts in motivaging. Indeed, for them, the magic wand still continues to swirl. For example, though Steve Perlman’s earlier effort, Web TV, never took off the way he hoped, his new venture, Moxi Digital, is supposed to be Microsoft’s competitor in the battle to ‘digitize, simplify and supercharge’ home entertainment. He believed that his employees are competent to make his efforts fruitful. Similarly Hong Kong tycoon Li Ka-shing’s Tom.com, the biggest publisher of print media in Taiwan , is the favourite to become the sole Chinese advertising agent for the 2008 Beijing Olympics. For Perlman and Ka-shing these are possible only because they are leaders with tremendous potential; they are supportive and approachable to their colleagues; they are motivated to pursue their efforts to be nmero uno in the corporate game.
Everybody agrees that Lay, Kar, Perlman and Ka-shing are business leaders with different motivations and aspirations of the corpocracy. The first two were regarded as successful until they had been otherwise revalued; the others are still viewed as successful motivators. We know, successful leaders are often romanticized these days. Ostensibly they are celebrities; rather businestars. In the corporate galaxy there are Super Businestars like Iacocca, Gates, Wagner, Jack Welch, Ratan Tata, Narayana Murthy etc. They encouraged their people to perform to the best and ultimately they reaped results.
Unfortunately there are also super leaders who are struggling with the mundane ‘successor syndrome’. If they are not intuitive, imaginative, capable of motivaging and are skeptical the trauma is severe. They may experience their successor’s entry and efforts as implicit criticism or a threat to their legacy. They may also find it unexpectedly difficult to let go off the reins of power. One of the recent example was in Viacom, whose properties include CBS, MTV and Paramount studios. Sumner Redstone, founder Chairman and CEO of Viacom, declared that he would not renew the contract of Mel Karmazin, who had been widely regarded as Redstone’s successor. He disliked Karmazin’s ‘aggressive style’. Contrarily in GE, the intuitive Welch named Jeffrey Immelt, who was with GE’s Medical Systems unit, as heir to the throne.
What is the secret of the success of the Superleaders? Undoubtedly we would say that the secret is STATUS. Yes, STATUS- if they are Supportive, Tolerant, Approachble, Trusting, Understanding and Suplementing.
- Supportive – Encourages his team-mates to reach in new directions, without challenging their individual objectives.
- Tolerant - Allows a reasonable margin of error and advises to make it right without affecting the group performance.
- Approachable – Considers other’s ideas for implementation even if it is contradictory and encourages for offering new ideas.
- Trusting - Allows people to make their own commitments and accepts them as the group responsibility.
- Understanding- Tries to help others by empathizing with their emotional motivations.
- Supplementing – Helps others to perform well to reach goals by providing adequate space in the performance plateau.
Future corpocracy requires leaders with STATUS. If they are competent to motivate their people to remodulate the organization in complacent with the aspirations of the generations ahead, they can gleam forever. Learn from the super stars of the corporate galaxy.