TM Updates,
Five Lessons Business People Should Learn From Narendra Modi
September 2, 2015
Sarvesh Bagla
Modi has emerged as a great leader on the Indian political landscape. Even his critics admit the fact that Narendra Modi has a cult like following and is very popular among Indian masses. As far leadership qualities are concerned, Narendra Modi has some very good personality traits which can be imbibed by working professionals to succeed in the corporate world. We have tried to list some of these below:
1. Focus on bigger goals
The first good trait of Modi’s personality is that he always focuses on bigger goals. He has proven his administrative skills in his home state as a Chief Minister and during his tenure he had done a lot to reshape the economy of Gujarat. In Gujarat, industry is thriving and it has the best public infrastructure in terms of excellent roads, highways and power supply. As the Prime Minister, he wants India to become the skill capital of the world and a digital hub as well. He wants to see his country on the world map, as far as economy, technology and entrepreneurship are concerned.
Lesson for business professionals: The best brands in the world have bigger goals. Goal setting is a technique, which ensures success for your brand and is a scientifically proven way to achieve greater productivity. If you set higher goals, your entire team unites as a single entity and gears up in action to achieve its best in terms of efficiency and customer satisfaction.
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2. Keep Going
It’s a valuable trait of your personality, if you can manage to keep going despite resistance, noise, problems and enemies around you, and Modi has all these qualities. He strives to accomplish his mission single-mindedly. In modern times, when resistance, challenges and pressure are greater than ever, you need to learn this art to succeed in a big way.
Lessons for business professionals: In the business world, you face setbacks and challenges almost every day, but it’s very important not to let our performance and strategy get affected by it. You should be able to get up every time you fall and should keep on going. Sometimes, it’s also very important “to be” in the business than reaping profits. You may run out of money, but you shouldn’t quit.
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3. Try new things
Modi believes in experimenting with new ideas.. Though, his advisors and PR agencies may be behind it, but he is the person who executes it. Digital India drive, bank-account for all, national skill development programs, counter magnet city development program, bullet train project, and Swachcha Bharat Abhiyan (campaign for promoting cleanliness) are some of the innovative schemes he has implemented since he took over as the PM in 2014.
Lessons for business professionals: As a successful entrepreneur, it’s very important to be able to innovate. You should keep your organization agile and swift in order to adapt to the changing trends of the market and match customer expectations.
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4. Keep yourself busy in expansion
Modi keeps on traveling across the world to find some unexpected opportunities for development in collaboration with the expertise available in those countries. He is always busy inthe expansion and development plans while ensuring that senior government officials equally contribute towards implementation of these developmental plans.
Lessons for business professionals: Business owners should devote themselves to the expansion of their capabilities and resources. For example, they should develop a new CRM, automate business functions, get new resources on board, introduce new products and invest in the improvement of services and infrastructure etc.
5. Avoid critics
When you are determined and have a mission in life, you’re bound to attract criticism. But, Modi has learnt the art of ignoring criticism and taking it in his stride. It has worked wonders for him and helped him focus on his mission, thus cutting all unnecessary distractions.
Lessons for business professionals: You should continue doing your best even in the face of criticism. As an entrepreneur, you would face more brick-bats than bouquets, but if you stay patient and ignore critics, you will emerge victorious in the long run. Yes, for this, you would have to prove yourself periodically and share your achievements publicly. If you’re on the right track and doing the hard work in the right direction, your critics can be silenced easily.
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As stressed earlier, surviving as a business is a challenging task and heavy stress can often lead to burnouts and restlessness. It decreases productivity and can also lead to depression. Narendra Modi leads a difficult and stressful life and yet he manages to achieve his goals on a day-to-day basis. So, you can definitely learn a few things from this man of action.
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