Tuesday, 31 March 2015

“Dedication List of my Authored Book ‘Sutras from Management Gurus: Sage Advice for Learners, Leaders and CEOs’”– Professor M.S.Rao









Dear leaders,

As you are aware that my vision is to build one million students as global leaders by 2030 URL: http://professormsraovision2030.blogspot.in/2014/12/professor-m-s-raos-vision-2030-one_31.html,   I dedicate my authored books to students, and followers. This dedication helps as a reference during their employment interview and serves as a lifetime gift. Here is the list of people the above titled book is dedicated:

Varanasi Sesha Lakshmi Shreya, Sindhuri Mounika Chowdari, Kapuganti Manisha, Karunavathula Deepa, Alugani Vardhine Priya Goud, Sama Divya Reddy, Rajulapally Sneha, Vatrapu Priyanka, Dharmkar Ritika, Katakam Pallavi, Nallola Sowmya, Ameda Poojitha, Mamatha Gopi, D. Anusha, Chekkapalli Srividya, Pilli Vijaya Swetha, Kaza Sri Datta Sai Srinivas, Arelli Sreekar Rao, Kanchuboina Ravi Theja, Ganta Shravan Kumar, Tubati Sri Phani Bharadwaj, Dasari Shushruth Babu, Akula Karthik, Sabavat Mothilal, Sai Siddharth Datrik, Sarika Suresh, Bakki Saikrishna Yadav, Tumati Sai Bharat, Pusuluri Ashish, Mamidala.Venkata Sai Bhargava, Gattoji Rohith Kumar, Kutur Ravikanth, Kutur Sreekanth, Konda Mathew, Shahrukh Khan, Mohammed Hayatullah, Mohammed Wasif, Aashir Baig, Shafiullah Shaik, R. S. Md. Mudassir, Ahmad Raza, T. Shiva Sai Kiran, Ravuri Sai Sumanth,  Gundepudi Leelambarisha, Likki Vivek, Bellamkonda Virat Nani, Kodakandla Hemanth Reddy, Kalluri Badsha, Gudla Shashi Kiran, Revuri Sairam, Kovela Krishna Chaitanya Akshay, Kottapally Varaprasad, Vudatha Naresh, Achugatla Sudershan, Jukanti Shiva, Sai Nithesh Gajula, Chudemella Sai Jaswant Rao, Adipaka Shiva Kumar, Tulasi Nagendra, Tulasi Ajay Babu, Bandari Sai Ram, Bandari Vijaya Durga, Tanniru Sai Mouli, Tanniru Manoj Kumar, Pandi Siddharth, Pandi Mourya, Pabba Sukesh Kumar and Pachipala Sri Sunhith Reddy.

Also, to my friends and followers – Rovaida Kazmi, B.V. Swarnalathamma, Minipuri Sandhya, Manoj Prakashrao, Rode, Jinka Madhu Kiran, Parusa Sudhakar, Vijay Nair K.T, Guggilam Vijayakrishna, Karthik Chintapalli, Dhaval Trivedi, Beri Somanna, Dantuluri Venkata Sitarama Raju, Shashilp Kommaji, Sattenapalli Venkatesh, Batthula Srikanth, Srivasta Shyam Rao, Mirza Mansoor Baig, Narayanam Pavan Kumar, Dasari Revanth Kumar, Sathi Sura Reddy, Syed Irfan, Pagadala Sai Ramesh, Mahesh Enumula and Doli Sammaiah.


Here are the details of the book: 
Name of the Book: Sutras from Management Gurus: Sage Advice for Learners, Leaders and CEOs 
ISBN: 978-93-5138-246-1 
Publishers: Laxmi Publications Pvt. Ltd
Price: INR 195/-


I would appreciate if you could read my vision, follow, comment and share with your connections: ‘Vision 2030 One Million Global Leaders’ URL: http://professormsraovision2030.blogspot.in/2014/12/professor-m-s-raos-vision-2030-one_31.html  


Good luck to grow as global leaders!


Life is great!

Professor M.S.Rao, India
Founder of MSR Leadership Consultants India
Listed in Marquis Who's Who in the World in 2013
Vision 2030 Webinar: https://www.youtube.com/watch?v=nBCO-gWmTRk
Twitter: @professormsrao  
21 Success Sutras for Leaders: Top 10 Leadership Books of the Year (San Diego University) Amazon URL: http://www.amazon.com/21-Success-Sutras-Leaders-ebook/dp/B00AK98ELI




Thanks for reading!

Kindly share your thoughts and comments below, I’m sure someone out there will find your story useful.



Copyright©2015 MSR Leadership Consultants India. All Rights Reserved. Reproduction in whole or in part without permission is prohibited.

This is a nonprofit blog to share Professor M.S.Rao’s passion and vision to build one million students as global leaders by 2030. Please don't cut articles from my blog and redistribute by email or post to the web. The use of this material is free provided copyright is acknowledged and reference or link is made to the Blog http://professormsraovision2030.blogspot.in.  This material may not be sold, or published in any form, or used in the provision of business services to a third party without permission.

Thursday, 26 March 2015

Leadership Lessons from Legendary Lee Kuan Yew (1923–2015) – Professor M.S.Rao












“I have never been overconcerned or obsessed with opinion polls or popularity polls. I think a leader who is, is a weak leader. If you are concerned with whether your rating will go up or down, then you are not a leader. You are just catching the wind ... you will go where the wind is blowing. And that’s not what I am in this for.” —Lee Kuan Yew


The world lost a visionary with the demise of Lee Kuan Yew who was the longest serving prime minister in the world. He was unique in many aspects. He showed the direction to Singapore when it needed the most, and demonstrated to the world that everything is possible in one generation by converting a third world nation into a first world nation. Although Singapore did not have natural resources, he converted Singapore as a prosperous country in the world with the help of human resources. He was an ideal example who demonstrated to the world about the power of human resources by leading under lots of constraints. It is often said that it is the bad tradesman who blames his tools, and it is the wise tradesman who works with what he has and from where he is. It is true in his case as he did not blame for dearth of natural resources but worked with what he had with a great vision and passion. Globally people often talk about the power of human resources and human talent. Singapore can be compared with a global company and Lee Kuan Yew with a CEO of a global company who walked his talk throughout his life. In this article, let us look at how he converted Singapore as a world-class nation and the leadership lessons other global leaders and CEOs can learn from him.


Leadership Lessons from Lee Kuan Yew

Example: Leadership success starts with the first key - Example. Lee Kuan Yew led from the front by aligning his deeds with his words. He cleaned the streets without any false prestige. He made Singapore as a clean city. He practiced what he preached throughout his life.
Energy: The second key to your leadership success is Energy. Every leader must demonstrate high energy levels. Lee Kuan Yew demonstrated high energy levels to inspire his people. 
Enthusiasm: The third key to your leadership success is Enthusiasm. Enthusiasm is all about interest towards one’s own area of activity.  It sounds like passion, but it is different from passion. Enthusiasm is contagious. Lee Kuan Yew was highly enthusiastic to convert Singapore as a world-class nation.
Endurance: The fourth key, Endurance is the ability to survive shocks and setbacks. It is a state of being unruffled and undeterred when problems crop up due to external forces and factors.  Leaders should not give up just because of a few setbacks.  They need to demonstrate endurance at all times to inspire their followers.  Lee Kuan Yew demonstrated his endurance time and again. When Malaysia was separated from Singapore, he literally wept but bounced back to build a strong Singapore.
Emotional Intelligence:  The fifth key to your leadership success is Emotional Intelligence. Emotional intelligence is the ability to recognize and understand your moods, emotions, and drives, as well as their effect on others.  Emotional intelligence involves listening to others, picking up the hidden data of communication, acknowledging others’ perceptions and managing people’s egos and emotions.   Lee Kuan Yew was emotionally intelligent and managed all stakeholders. At times, he was autocratic to muzzle press and suppress his political opponents.
Eloquence: Eloquence is the sixth key to your leadership success. Eloquence involves making the speech comprehensible to all audiences.   Eloquence is about being persuasive, fluent and elegant in your speaking.  Eloquence is articulating your ideas, insights and thoughts with others at ease.  It is one of the surefire ingredients of effective leadership.  Lee Kuan Yew was good at three languages and was an accomplished orator. 
Effectiveness: Effectiveness is the seventh key to your leadership success. Effectiveness is all about being qualitative in applying your efforts and energies.  It is rightly said that managers are efficient and leaders are effective.  It means being thorough in planning and execution to minimize mistakes.  It is a kind of qualitative and smart work.  In brief, effectiveness is all about doing right things rather doing things right. Lee Kuan Yew built a neutral, effective, honest and strong civil service. It worked out well to develop this nation.
Execution: The eighth key to your leadership success is Execution.  Execution is a systematic method of exposing, understanding and appreciating the ground realities and acting accordingly.  It is a kind of mission to roll out.  It helps translate vision into a reality. It is the link between strategy and reality.  It closes the gap between the vision and outcomes.  Every leader must possess this ingredient to enhance his/her effectiveness. Lee Kuan Yew was a ruthless taskmaster who believed in effective execution. Most leaders have great visions but fail miserably due to ineffective execution. He bridged the gap between his vision and execution with his autocratic leadership style.
Excellence: Excellence is the ninth key to your leadership success. Leaders must excel in their areas in order to command respect from their followers.  Excellence should not be confused with perfection.  Excellence means being the best.  Leaders like to be at their best and they constantly strive for delivering the best results. Lee Kuan Yew was not complacent. He strove for excellence constantly. He learned, unlearned and relearned with changing times to build Singapore as a great nation in the world.



Conclusion

“Singapore’s greatest asset is the high aptitude of her people to work in manufacturing industries. They can be ranked among the best factory workers in the world.” – Albert Winsemius

Lee Kuan Yew was a great visionary with an effective execution. He was a visionary of the 20th century. He was a true patriot who worked under lots of constraints to take Singapore to great heights. He was passionate about his people. He was an autocratic leader with task-oriented mindset with the least tolerance for errors and opposition.  He impacted not only Singapore but many nations and people in the world. He saw what others could not see well in advance. He had a long-term vision and executed his tasks with single-minded focus and dedication. He was one of the rarest leaders in the world whose influence is beyond his generation for his vision, passion and effective execution. He achieved success because of his autocratic style which was essential at that time. Now it is time for Singapore to transform from autocratic to soft leadership to take things forward aggressively. To conclude, Lee Kuan Yew articulated his vision effectively, inspired his people, encountered complexity and uncertainty head-on, made effective decisions to impact the world.  He was one of the leaders in the world who proved that everything is possible in the world in one generation.


“Even from my sick bed, even if you are going to lower me into the grave and I feel something is going wrong, I will get up.”—Lee Kuan Yew



If you like this article, Like and share Facebook Page: https://www.facebook.com/pages/Professor-MSRao/451516514937414




Life is great!

Professor M.S.Rao, India
Founder of MSR Leadership Consultants India
Listed in Marquis Who's Who in the World in 2013
Vision 2030 Webinar: https://www.youtube.com/watch?v=nBCO-gWmTRk
Twitter: @professormsrao  
21 Success Sutras for Leaders: Top 10 Leadership Books of the Year (San Diego University) Amazon URL: http://www.amazon.com/21-Success-Sutras-Leaders-ebook/dp/B00AK98ELI




Thanks for reading!

Kindly share your thoughts and comments below, I’m sure someone out there will find your story useful.



Copyright©2015 MSR Leadership Consultants India. All Rights Reserved. Reproduction in whole or in part without permission is prohibited.

This is a nonprofit blog to share Professor M.S.Rao’s passion and vision to build one million students as global leaders by 2030. Please don't cut articles from my blog and redistribute by email or post to the web. The use of this material is free provided copyright is acknowledged and reference or link is made to the Blog http://professormsraovision2030.blogspot.in.  This material may not be sold, or published in any form, or used in the provision of business services to a third party without permission.

Wednesday, 25 March 2015

“A Blueprint to Bounce Back from Bankruptcy” – Professor M.S.Rao





“How did you go bankrupt?" Two ways. Gradually, then suddenly.” ― Ernest Hemingway, The Sun Also Rises


Presently we hear people committing suicides due to failed marriages, bankruptcies and love failures in India. They are unable to cope up with setbacks and failures in their lives. They fail to understand that life is full of peaks and valleys, and ups and downs. Everyone must be aware that committing suicide is a sin. In fact, suicide is an act of cowards. There is always another opportunity for failed people. If there is a sunset today, there will be a sunrise tomorrow. Every dark cloud has a silver lining. In this article, I will address how to bounce back from bankruptcy.


A Blueprint to Bounce Back from Bankruptcy

Here are the steps to get back on your feet after you hit bankruptcy:
  1. Seek the support of your trusted friends and connections to shift to another location to forget your unpleasant memories, and to start a fresh life.
  2. Don’t reveal to others that you were bankrupt. Be a normal person.
  3. Surround with positive people who bring you happiness and keep you energized constantly.
  4. Control your expenses. Cut the cloth as per the cloth. Learn to live in present.
  5. Explore opportunities based on your past experience. Leverage it fully.  
  6. Get back on your feet to earn money to support you and your family.
  7. If you have educational qualifications, you may consider going for employment to generate regular income. Once you stabilize, you can consider restarting your entrepreneurial journey.
  8. Engage your mind totally on what to do, and on your immediate financial goals instead of brooding over your unpleasant past.
  9. Write a failure resume wherein you list out the reasons for your failure. It helps you reflect and take stock of your strengths and weaknesses afresh. Additionally, you can avoid repeating your mistakes and become a better person.


Bankruptcy – A Social Stigma in India

“Look, half the men who signed the Declaration of Independence were either in debt or bankrupt. The remaining half, most of them lost all their possessions. The only reason Monticello didn't get burned to the ground was that the British patrol missed the road.”  ― Eric Massa

When you look at leaders like Abraham Lincoln, Ulysses S. Grant, Thomas Jefferson, Henry Ford, and Walt Disney to name a few, they all became bankrupt. They bounced back from their bankruptcy successfully. However, there is a social stigma associated with bankruptcy in India. Hence, people don’t file bankruptcy and prefer to go for out-of-court settlement in India. It saves time for both creditors and debtors. It is good for creditors as they can concentrate on other productive activities instead of hounding debtors. It is good for debtors as it provides an opportunity to start their life on a clean slate. It helps rebuild their positions quickly.


Conclusion

Improve your attitude to perform better and evolve as a humble person. Bankruptcy is an opportunity in disguise to learn lessons from life and reinvent yourself. Instead of brooding over what went wrong repeatedly, it is advisable to think of ‘what next’ in your life.  Ralph W. Sockman rightly remarked, “Let us not bankrupt our todays by paying interest on the regrets of yesterday and by borrowing in advance the troubles of tomorrow.”  Life is worth living if it has challenges. Treat your bankruptcy as a challenge and move on without any social stigma.  Remember, everyone fails in life. When people stumble, they become humble. Life teaches lots of lessons which cannot be learned from books and others.  To fail is not bad, but not to learn lessons from failures is bad. Hence, look at the door that is opened. Keep moving forward with optimism. . There is another great day waiting for you. Life is great!


“A thousand restaurants close every month. They re-open, and that's good for America. Nobody's rescuing them. They employ people, too. If we let them go bankrupt, the factories don't go away, the creative people don't go away. They get employed more productively by others.” ― John Stossel



If you like this article, Like and share Facebook Page: https://www.facebook.com/pages/Professor-MSRao/451516514937414




Life is great!

Professor M.S.Rao, India
Founder of MSR Leadership Consultants India
Listed in Marquis Who's Who in the World in 2013
Vision 2030 Webinar: https://www.youtube.com/watch?v=nBCO-gWmTRk
Twitter: @professormsrao  
21 Success Sutras for Leaders: Top 10 Leadership Books of the Year (San Diego University) Amazon URL: http://www.amazon.com/21-Success-Sutras-Leaders-ebook/dp/B00AK98ELI




Thanks for reading!

Kindly share your thoughts and comments below, I’m sure someone out there will find your story useful.



Copyright©2015 MSR Leadership Consultants India. All Rights Reserved. Reproduction in whole or in part without permission is prohibited.

This is a nonprofit blog to share Professor M.S.Rao’s passion and vision to build one million students as global leaders by 2030. Please don't cut articles from my blog and redistribute by email or post to the web. The use of this material is free provided copyright is acknowledged and reference or link is made to the Blog http://professormsraovision2030.blogspot.in.  This material may not be sold, or published in any form, or used in the provision of business services to a third party without permission.