Leaders who adapt themselves to this generation of people joining an organization are in a better position to engage with them, groom them & lead the growth of the organization.

Welcome to Season 3 of Be Empactful Podcast, In this episode, we have Mr. Ravishankar, CEO @ Ceresta BC, and Business Director, Oil & Gas, Alethe Labs, where we discuss the role of leaders in this dynamic business environment, where a leader has to adapt to the changing pace of technology, changing pace of people, expectations of people, background, qualifications & exposure of people.

Also, in this dynamic business environment, there are collaborations, mergers & acquisitions, roles of communication, and so on...

Ravi graduated from IIM, Ahmedabad in 1987, and over the three decades been in the Oil & Gas industry which is considered a traditional industry compared to the new-age industry such as IT & ITES, although now every industry is using CRM & ERP and there's a pressing need to adapt these to stay relevant & competitive in this dynamic environment.

According to Ravi, in the first two decades of his career, the change was slow and in the last decade, things have transformed very fast. In this challenging business environment, leaders who adapt themselves are in a better position to engage, groom, & lead the growth of the organization with the new-age talent to make the best use of talent and resources.

Companies that have managed risks both planned and unforeseen, well & known for their efficiency & optimal use of their resource, leveraged the technology to the fullest extent possible, these are companies have survived during this period whereas others after a couple of months into the pandemic were on the verge of shutting down & out from the business.

Mergers and Acquisitions have become common in the post-pandemic stage where resource optimization is something that is at the fulcrum of all acquisitions.

There will be natural shake-ups that would take place with the major agenda of a leader is to clearly communicate the decisions to make the people prepared for smooth transitions.

The hierarchy has to embrace these changes and complete transformation in the functioning of the organization.

Key Takeaways:

Create more leaders and not more followers - for percolation to trickle down to the last person in the team.

Enable Decision Making - By delegating the authority.

Enable more involvement of everyone in the decision-making process.

Ensure Learning & Knowledge on a continuous basis.

Communication is very important, especially during challenging times. Right communication keeps the team working together.

Community is about people with diverse backgrounds coming together for a cause and once it is mission-led - Everybody unites under one flag. Led by a leader creating the next rung of leaders.

For our listeners who wish to connect with Ravi, check out:

LinkedIn: https://www.linkedin.com/in/ravishankar-sundaresan-89b6562a

So, let us know what you think the strategy is all about and how easy or difficult is it to be a Leader in the business world. Reach out to us if you want to discuss, just share a thought or even a cup of coffee.

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