Friday, 5 June 2015

“Is the film ‘Baahubali’ a Hope or Hype?” ―Professor M.S.Rao











Baahubali, an upcoming two part Indian epic film written and directed by S. S. Rajamouli  is making waves across India presently for its story, sound and visual effects. So far, Rajamouli has consistent success track record in Tollywood. He worked very hard for more than two years to make this movie. It is a very costly movie in India with very high expectations from all stakeholders. The film is expected to be released on July 10, 2015.

The media came out with alleged plagiarism of postures. One of the reasons for Indian films not bagging Oscar awards globally is lack of creativity. Some of the actors and directors imitate Hollywood styles and practices thus losing the chances of winning Oscars.

Rajamouli is a hard worker who strives for excellence. He observes everything minutely and takes lots of precautions to make the movies. Actors, producers and audiences have very high expectations on him. Only time will tell whether Baahubali will be a hit or not.

A lot of hype was created for the film “I” directed by Shanker which invited mixed reviews. The tastes of the audiences are changing rapidly and their expectations are rising rapidly. Hence, rising up to the expectations of all stakeholders is a very big challenge for film makers. Outcome of the film is either a make or break for Rajamouli.

I wish the entire Baahubali team all the best!




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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, 4 June 2015

“Maggi Noodle (Nestle India) Controversy: How do Leaders and CEOs Overcome Organizational Crises?” ―Professor M.S.Rao











“The secret of crisis management is not good vs. bad, it’s preventing the bad from getting worse.” ―Andy Gilman, Comm Core Consulting Group


The "2-minute" Maggi noodle of Nestle India kicked up controversy in India for excess level of Mono Sodium Glutamate (MSG) and Lead. The laboratory reports show that the company has violated the health guidelines.  Currently it is banned in six states ―Gujarat, Tamilnadu, J&K, Uttarkhand, Telangana and Delhi.  Who is to blame for this ―company, government, health officials, brand ambassadors or people?

Companies approach the celebrities to endorse their brands to enhance visibility for their products and services and increase their sales. People often buy the products and services because the celebrities have endorsed them. Hence, the celebrities cannot run away from their responsibility.  When a train accident happens the railway minster resigns. Did the railway minister do the accident? It was done by railway employees. But the railway minister takes moral responsibility. Similarly, brand ambassadors must take responsibility for endorsing wrong products.  


Celebrities and Endorsements

Celebrities want money and companies want revenues, and ultimately it is the people who pay the heavy price.  Brand ambassadors must be held accountable. They cannot go scot-free. When they accept the fame for their credit, they must equally accept blame for their debit. Additionally, it is a business rule to share both profits and losses.  Brand ambassadors exploit their fan base to make money. At times, brand endorsements strengthen their brands through advertisements.  Hence, they must be made accountable when things go wrong.

It is a wake-up call for celebrities and people ―for celebrities, not to endorse every brand just because they get money; and for people, not to buy the brands just because they are endorsed by celebrities.

The senior leaders of the company, the health department, the government and people must take responsibility for this controversy. Most it is the companies to be blamed for such irregularities. Hereafter, celebrities must not endorse products and services purely for money. They must endorse when they receive assurances from the companies, and are convinced about the credentials of the brands.


Steps to Overcome Crises

Crises are part and parcel of personal and professional life. They can happen to any individual and organization.  When you look at BP it overcame gulf oil spill. Similarly, Malaysian Airlines overcame two disasters successfully.

As a leader, whenever you are confronted with any crisis, don’t be in a hurry to blow the crisis.  Trust yourself. Recall the crises you handled in the past to draw lessons. Find out how other organizations handled such crises in the past. Take leafs from them. Get facts and figures. Wear your emotions on your sleeves. Go by reason and logic. Be cool and composed. See the big picture. Understand the crisis from the grass root level. Invite experts and brainstorm to create viable solutions. Choose the most appropriate one as per the situation. Act promptly without any hurry.  Communicate clearly with facts and figures to avoid confusion in people. Lead by example to come out clean. Be bold to face the controversies. Controversies are part and parcel of life. Hence, act, don’t react to controversies.  Check spread of rumors.  Engage social media managers to contain the damage.  Take it as a challenge and face it squarely. Don’t delay to communicate with the stakeholders. If you find that mistakes happened, apologize to contain the damage.


Conclusion

Crises must be handled with cool and composed demeanor. They must be handled with tact and diplomacy. If not handled well, it can wipe out years of hard work, sweat and company’s brand image within minutes. Presently the social media is very active where people post negative things rather than positive things. Jonathan Bernstein of Bernstein Crisis Management Inc. rightly remarked,  “In the 21st century, a social media savant can do more harm than a trial attorney.”  The leaders and CEOs must take all appropriate steps to overcome the crises and keep all stakeholders informed constantly to ensure that organizations are back to track toward northward movement.


“To be effective in crisis management in the digital age means being able to use social media strategically. There is no crisis management today without a full understanding of how to use new media to listen to conversations around your brand in real-time, and understand what you do and don’t need to respond to.” ―Chris Syme, author of Listen, Engage, Respond



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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.

Tuesday, 2 June 2015

“Is Cheetah Superior to Lion?” ―Professor M.S.Rao






“I am not afraid of an army of lions led by a sheep; I am afraid of an army of sheep led by a lion.”  ―Alexander the Great


Recently I had an opportunity to meet my friend after nine years at his home in Chennai. He is 75 years old. He was a powerful businessman. He encountered lots of business challenges and came out with flying colors in life. His two daughters had family issues with their husbands. He fought those issues also legally. He became very old now, and is a diabetic patient. He walked slowly and I was unable to digest by looking at his physical position. I recalled my first impression about him when I first met him 20 years ago in Chennai. He was very active and brisk. He made decisions quickly. He shared some of his personal and professional challenges with me.

I felt very sad that old age is a very challenging one and life is incomplete without completing this stage. To inspire him that he was a very powerful businessman and resolved several business challenges very easily, I compared him with a lion.  Then his daughter who was 40 years sitting next to him and known to me since more than 15 years commented, “You know lion is a lazy animal! Whereas you are the most powerful man like cheetah! You are always ten steps ahead of my father in thinking and action.”  Until then I was aware that cheetah is the fastest animal but I never thought that cheetah thinks ten steps ahead of lion. I was excited with her appreciation and I started thinking about cheetah. In fact, my intention to praise my friend was to charge him up as I always inspire the people around me by highlighting their strengths.

Cheetahs are the fastest animals in the world. Their long tails help them balance and make sharp turns. Their claws are partially retractile which allow them to maintain their grip on high speed chases. They have the ability to see clearly over long distances during a chase. To minimize competition, they hunt during the day rather than at night and eat quickly after taking down the prey.  They are agile and active, and are experts in hunting. Hence, cheetahs are better hunters than lions.

Although cheetahs run faster than lions they are not as courageous as lions. The lions are very strong animals in the wild as they undergo lots of hardships and struggles. Additionally, lions have strength and a group mentality. To conclude, cheetah is superior to lion in many ways because it is the fastest animal on the land and thinks several steps ahead of other animals. But it cannot make rapid decisions. In contrast, lion is the king of the jungle as it is a decision maker despite being a lazy animal.


“It is better to have a lion at the head of an army of sheep, than a sheep at the head of an army of lions.” ―Daniel Defoe



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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.