Leadership is a critical
challenge during slowdown
Nov 14 (IANS) Leading people during a slowdown is the most
critical challenge facing corporate managers, said a top industry
official here Friday.
task is to lead and not manage people. During upheaval the
role of leadership is to make sense of the situation and not
just giving directions," said Shrikrishna Kulkarni, COO
of Panasonic India.
an address at a seminar on 'Management in Challenging Times'
organised by Loyola Institute of Business Administration,
Kulkarni said the sole aim to maximise shareholder's wealth
and lack of leadership at big financial institutions in the
US and Europe were the main reasons for their downfall.
the great grandson of Mahatma Gandhi, did not agree that liquidity
is an issue for the industry.
bankers have lost trust in the borrowers and are not willing
to lend even though the central bank has initiated some monetary
measures," he said.
to him, the challenge is managing the increased expectations
of the unemployed and the sudden collapse of opportunities
of growth in all sectors of civil society.
the recessionary trend to continue for another two to six
years, Hinduja Foundries managing director V. Mahadevan said
organisations should innovate.
Prasad, whole time director of Wabco TVS, asked companies
to resort to short planning cycles while looking for newer
said the supply chain should be supported and not be burdened