Being a good leader during Covid-19: Identify critical issues, show empathy, take well-informed decisions
Here's how we can equip our leaders to deal with unprecedented situations.
By ET CONTRIBUTORS |
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The current Covid-19 situation — described both as a pandemic as well as an 'infodemic' — requires leaders to cut through the noise.
By Sahiba Singh
How do we prepare our leaders to lead organisations in an increasingly VUCA (volatile, uncertain, complex and ambiguous) world? This has been the focus of much of the leadership development work and research over the last decade. Little did we know how much of that would be put to the test in the first quarter of 2020 alone.
As leaders face increasingly novel and complex business challenges, there is a realisation that past experiences may not always equip them adequately to navigate and lead through previously unencountered scenarios such as the global coronavirus pandemic successfully. In light of this, there has been increasing interest in identifying and developing the leadership fundamentals that enable adaptation and agility to face and overcome changing realities.
Spencer Stuart’s research has identified three sets of traits, collectively called Executive Intelligence™ — which include business intelligence, people intelligence and learning intelligence. These types of intelligence support and predict leaders’ ability to navigate unfamiliar or complex business challenges successfully.
Here is how we anticipate the best leaders will draw from them to navigate the Covid-19 crisis:
How Leaders Think
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The current Covid-19 situation — described both as a pandemic as well as an 'infodemic' — requires leaders to cut through the noise to identify and address the most critical issues at each point. It also demands that they think ahead, and retain the sight of the bigger picture to avoid decisions that could have unintended adverse consequences, today as well as down the line. In addition to this business intelligence, the rapidly changing nature of this crisis necessitates agility in thought as well as action, where leaders need to evaluate and continually recalibrate the way forward as the situation evolves. Business and economic implications aside, Covid-19 is most fundamentally a human crisis. How Leaders Engage Business and economic implications aside, Covid-19 is most fundamentally a human crisis that is impacting employees and societies in ways few recent events have done. In addition to ensuring the physical safety of their workforce, leaders need people intelligence to address employee anxieties with empathy and provide a sense of psychological security. Emotional intelligence or EQ in this new reality involves a delicate balance between preparing employees for the worst-case scenarios and maintaining morale and engagement. For those managing global teams, this requires additional consideration to the unique socio-cultural dynamics at play across different communities.
How Leaders Learn Given the complexity and gravity of what we are dealing with, a leader would have to be superhuman to be able to handle it all alone. Learning intelligence, i.e., the ability to learn from and leverage others’ thinking and experiences becomes especially critical, allowing leaders to make well-informed decisions. In today’s situation, this means that they need to actively invite and objectively evaluate information and ideas — not only from within their organisations but also through ongoing dialogue with their peers in other organisations.
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Lastly, but perhaps most importantly, leaders need to work on their energy to be able to function at their best through this time. Focusing on their physical and mental well-being, spending time with their families and making efforts to recharge will all go a long way in building capacity to run what is increasingly appearing to be a gruelling marathon over a short sprint.
(The author leads the Leadership Advisory Services Practice for Spencer Stuart in India. Spencer Stuart is a global Executive Search and Leadership Advisory firm)
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Corporate Leaders Who Have Anand Mahindra, Jeff Bezos & Kishore Biyani On Speed Dial
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We asked a few corporate leaders — if there was one person you could call for work or personal advice, who would that be? And this is what they had to say.
We asked a few corporate leaders — if there was one person you could call for work or personal advice, who would that be? And this is what they had to say.
“I think it would be Ireena Vittal (inset) [for professional advice]. She has mentored me and I’ve had the good fortune of getting to know her. I don’t speak to her often but when I do, they are valuable exchanges. For personal advice, it would be my family.”
“I think it would be Ireena Vittal (inset) [for professional advice]. She has mentored me and I’ve had the good fortune of getting to know her. I don’t speak to her often but when I do, they are val..
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“I would like Uday Kotak (inset) on my speed dial [for professional advice]. He's smart and blunt. For personal matters, I’d call my mother-inlaw (laughs). If most of my issues are with my partner, then to make sure I have the politically correct answer, I better call my mother-in-law.”
“I would like Uday Kotak (inset) on my speed dial [for professional advice]. He's smart and blunt. For personal matters, I’d call my mother-inlaw (laughs). If most of my issues are with my partner, t..
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“I would like to have Jeff Bezos (inset) on my speed dial. He’s done fabulous work over the past few years and he makes it look so simple. It’s crazy. And for personal advice, it would be my wife.”
“I would like to have Jeff Bezos (inset) on my speed dial. He’s done fabulous work over the past few years and he makes it look so simple. It’s crazy. And for personal advice, it would be my wife.”
“I would like Cristiano Ronaldo (inset) on my speed dial. He's talented, has perseverance, has been through the craziest ups and downs and is still the world’s best player. Also, I'm a Man U fan. For personal matters, my wife is my go-to. Plus, she’s already on my speed dial.”
“I would like Cristiano Ronaldo (inset) on my speed dial. He's talented, has perseverance, has been through the craziest ups and downs and is still the world’s best player. Also, I'm a Man U fan. For..
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“Anand Mahindra (inset). I respect the way he’s grown the Mahindra empire after he took over from his father. For what I want to do with JSW, he would be a great person to speak to and [I would like to] pick his brains on how he managed to transform the group. For personal advice, I would call my cousin in London. He knows me the best and knows my history too.”
“Anand Mahindra (inset). I respect the way he’s grown the Mahindra empire after he took over from his father. For what I want to do with JSW, he would be a great person to speak to and [I would like ..
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“I am lucky to have multiple people on speed dial. Obviously, the list begins with my father [Kishore Biyani - inset] and husband [Viraj Didwania]. Apart from the two of them, there is Ireena Vittal who I speak to for professional advice.”
“I am lucky to have multiple people on speed dial. Obviously, the list begins with my father [Kishore Biyani - inset] and husband [Viraj Didwania]. Apart from the two of them, there is Ireena Vittal ..
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
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