What makes B Ramalinga Raju, founder and chairman of Satyam and
present chairman of Nasscom, such an excellent role model for generations of
young professionals joining and building the IT and BPO services industry in
this country? Three anecdotes may bring out some characteristics that
distinguish truly inspirational leaders from a band of other successful CEOs.
Speaking at the World Bank's Infodev workshop in Hyderabad, where Raju, Kiran
Karnik and I were on a panel, discussing models of innovation and
entrepreneurship, Raju spoke quite frankly of some false starts they had had in
building innovative models and services-though he ended on a note of
justifiable pride by noting that innovation had made Satyam's market
capitalization jump over 800 times as customers and shareholders saw the company
delivering to its potential.
On the afternoon of the same day at the inauguration of Zensar's
new development center in Hyderabad, Raju spoke again about the importance of
seeing things in different ways and not forsaking opportunities because they
were not in the predictable formula for success that everybody follows. And the
dynamic IT Secretary of Andhra Pradesh, Ms Ratna Prabha underlined the
importance of being Raju when she spoke glowingly of his willingness to be a
pioneer in setting up a facility in Visakhapatnam, which has lead to that tier-2
city become a beacon for new entrepreneurs in the state.
The ability to learn from success and failure, the willingness to recognize new ways, and continuous exploration are the common traits of successful entrepreneurs |
These three simple facets of a successful businessman-the
ability to learn from success as well as failure, the willingness to recognize
that there could be a new way and, of course, the true entrepreneurial zeal of
continuous exploration-are what links successful entrepreneurs like Sam
Pitroda, Baba Kalyani and Ramalinga Raju. My colleague Manjiri and I wrote about
this in the book Inspired, and it has been heart warming to see the
number of young and old people in the country who have taken heart from our Formula
Inspiration and set about acquiring new meaning in their lives!
So what differentiates a truly great CEO from just a good one?
My favorite definition of the term CEO has always been Clairvoyant, Evangelist
and Orator. In the fast changing IT industry, the ability to look into the
future and discern patterns that can have a significant impact on the business
model of the firm in the foreseeable future is a key attribute. Evangelism: of a
new cause, a new process or a new initiative that may seem a nuisance today but
can have long term ramifications is another must do for CEOs in an industry that
too often seeks instant gratification rather than building for the long term.
And, there is no getting away from oratory or good communication skills as
organizations grow at a frenetic pace, and young employees and associates look
to their leaders to provide them inspirational and aspirational leadership. Will
the Industry CEOs stand up to be counted and build more members of their ilk?
A last word: with all the attributes we have already mentioned
in large abundance, what makes Raju truly special is his willingness to reach
out with friendship and go the extra mile to respond to others. Whether it is
the outstanding work done by EMRI in Andhra Pradesh, the pioneering employment
and social improvement work done by the Byrraju foundation or his simple gesture
of coming on time and speaking with grace to our people at the center's
inauguration, people like Raju have the ability to touch our intellect and our
emotions simultaneously!
The author is deputy chairman & MD of Zensar and is chairman
of the Nasscom Innovation Forum for 2005—07. He can be reached at ganesh@cybermedia.co.in