Let us explore how Enlightened Leadership can help in creating excellence at a workplace. The whole purpose of an organization is to create value and find customers for that value. The only purpose of a CEO is to drive the organization towards optimum productivity and performance. Productivity and performance has to be everybody's challenge. The enduring goal is to work towards a sustainable business value. The performance of every individual and the organization as a whole should lead to the celebration of success.
Business is being busy for creating a value. The ultimate goal of any business is to create wealth. Business is, therefore, an art of entrepreneurship. Mac Arther says, "Every successful enterprise requires three men: a dreamer, a businessman, and a son of a bitch. This definition is little crude. The last word seems to be filthy. But this is only an oldest definition. Let us consider this as Version 1 and move on for other better insights. Let us explore the journey of an entrepreneur. The spirit of entrepreneurship is a way of life. One can be an entrepreneur as a Businessman and also as a Manager. Every activity requires investment both of Capital and Knowledge. Richard Branson says, "I wanted to be an editor or a journalist, I wasn't really interested in being an entrepreneur, but I soon found I had to become an entrepreneur in order to keep my magazine going".
All business is for creating money and management of money. Profit is the very soul of an organization. Brahma created the cosmos and with that an eternal organization has come into being. Within that organization he embedded two eternal values: Lakshmi (Goddess of Wealth) and Saraswati (Goddess of Knowledge). All matter in the universe is money. And the whole arrangement of matter in the universe is a great knowledge. We have a very little knowledge of the whole universe. And we have been able to tap the very basic energies of the whole universe. All knowledge is for Money and all money is for more Knowledge.
The five pillars of an organization are: People, Products, Processes, Promotions, and Profits.
- People : The people who are innovative, creative, highly motivated and inspired.
- Products : The products that are world class and offer value for money.
- Processes : The processes that are highly dynamic and evolving. The only focus is on a continuous and ongoing improvement. Improving on the improvement and bettering over the best is the only goal.
- Promotions : The focus is on creating highest customer attraction. Speak what you do and do what you speak. It is both talk the walk and walk the talk.
- Profits : Let the bottom line speak. The profits should be consistent and growing. Increasing shareholder value is the only goal.
The Vedas and Upanishads say that the whole creation is made up of five basic elements called the Panchabhutas or Panchtatvas. In the same way every modern organization is made up of the above five basic constituents or building blocks. These are the five pillars or 5 Ps of any modern organization.
The continuous churning of the of the above basic elements results into a vibrant and ever growing organization.
All knowledge is for money and all money is for more knowledge. It is not that only money is called the capital, even knowledge is also called the capital. Now it is called as the Talent Capital. There are two key people in any organization. And they are the CEO and the CFO. The job of a CEO is to create more money and the job of a CFO is to retain that money. The CEO is responsible for all the money that is flowing in the organization and the CFO is responsible for all the money that is flowing out of the organization. These are the two key Leadership positions in an organization. Both these people require expert knowledge in their own respective functions.
There is an ancient story in the Indian Mythology. Brahma created a Cosmic Organization and handed over to Vishnu for sustenance and to Shiva for transformation. While inheriting the organization, the two values - Lakshmi (Goddess of Wealth) and Saraswati (Goddess of Knowledge) started fighting with each other. Lakshmi started saying that she is greater than Saraswati. And Saraswati started showing that she is mightier than Lakshmi. Lakshmi was needed for growth and prosperity and Saraswati was needed for knowledge and harmony. Vishnu could retain both of them by saying that with knowledge one can read and write. But without money one can not buy the tools of knowledge like books and pen required to gain that knowledge. Therefore, money and knowledge are interdependent on each other. Lakshmi and Saraswati are interdependent on each other. All knowledge is for money and all money is for more knowledge.
The people precede everything. There is nothing that is possible without people. People give results. It is people who make things happen. All the advancement of the world is because of the creativity of the people. It is people who create new values and new organizations. Just look into the whole world of business. Are we exchanging products or services? Are we exchanging costs, profits or prices? Oh, not really !! We all are in fact exchanging values. What is a value? The customer perceives the value, the markets determine the price, and we only add cost. Please look carefully. This is a reality. What is the competition? It is only the wrong values that fight the right values. It is only the old values that fight with the right values. And the Dollar ($) is only an exchange for sharing these values.
Enlightened Leadership gives rise to creation of new values. These values become the foundation of the culture of New Organizations. New values create new organizations. The whole competition is that the old values fight with the new values. In creativity there is no competition. In value creation there is no competition. While creating a Blue Ocean there is no competition. But yes, in the Red Ocean there is a huge competition. Jack Welch says that if you don't have a competitive advantage, then don't compete. The individuals, teams and organizations that create new values always stay ahead of the competition. Creation and innovation gives leadership an edge and the whole competition just struggles to follow that leadership edge.
It seems at this point in time there are only two Hot Spots on earth - China and India. China is creating a value in Manufacturing and India is creating a value in Services. Made in India is a still a far distant dream and a far greater challenge. Please don't say India Made. Even China and other countries are fast approaching the services market. India has already lost the ground for manufacturing. It is a greatest reality that the reality always bites. Let us make 'Made in India' a reality. India should strongly think of a holistic growth including Agriculture, Education, Manufacturing, and Technology.