Leading in the new world

” Real leaders, I have found, exhibit an enthusiasm for selecting people who are better than they are. ” ~ Dr. Ram Charan ~

On 30 March 2010, I had attended the lecture series organized by Sime Darby at Sime Darby Convention Centre, Kuala Lumpur. The speaker was Dr. Ram Charan on “leading in the new world”.

It been an interesting talk and I have list down some of the key points as below:

1) Expanding runway of opportunity
2) The winners in the new game
3) Linking strategy to executive
– competent advice
– right people in the right jobs
– business acument
4) Leadership habits
– Practice, Practice, Practice
Practice number 1 is accountability, practice number 2 is follow through and final practice number 3 is courage to confront when the follow through not going through.

The new world being told was the clear shift to the southern hemisphere. Business are also advise to hire the foremost people.

Tip: Low Margin x High Velocity = GROWTH
Note: Velocity means asset turnover.

Dr. Ram Charan on Sime Darby Lecture Series

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