On Leadership

Yesterday was an eventful day for me.I was part of the crowd listening to the CyberMedia CEO doling out gyaan on strategy and leadership.In the evening,we had a MTS case on BMG International CEO Rudi.
The learning that came out for me is very important for all leaders.All CEO's should be responsible for delegating certain things and not delegating some things.Things that must not be delegated are formation of organization culture (the DNA of the organization) and the top level decisions.Other things like strategy formulation,operational activities,financials etc. should be delegated to the next level.
This gives the next level a sense of responsibilty and prepares them for the future challenges.CEO's need to look at increasing the toplines and not just cost cutting to improve the bottomlines.Cost cutting can help to only in a short term benefit.For long term vision, the leader must show the path to the managers and have trust in his team,that they will perform.
People like Steve Jobs,Rudi,etc. have shown charismatic leadership but have not been able to pass a good organizational culture to their organization to develop the next generation of leadership.This has resulted in failure of many companies in the past.