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• Be the change in you what you want to see in the world
• So leader uses his value system to instills trust in other people I am convinced that primary source of an organisation is its people
1.2.4.2 Leadership by NRN Murthy - Lecture at Infosys Leadership - Extract from Leadership Talk program by Narayan Murthy - mentoring at Infy Sharing the best practices at Infosys To learn and understand each of them better How do we encourage entrepreneurship in large corporations? How do we create entrepreneurs? It is about creating wealth from new ideas using grey equity and sweat equity. It is about bringing new possibilities, new paradigm, new products and new markets. "Some look at things that are, and ask why. I dream of things that never were and ask why not?" It begins with a dream to make a difference to the world with a great idea. A great idea is generally one which can be expressed in a simple sentence, not a complex sentence, not a compound sentence. Its power comes from the great ability to enthuse a great team, its ability to transform the market place, and add value to the customer in a unique manner. This unique idea should be at least able to do one of the followings
1. Reduce cost 2. Improve productivity 3. Reduce cycle time 4. Enhance customer base or
5. Enhance customer comfort Most of the idea achieve one or in some cases more than one incrementally. Once a while there comes an idea which achieve these objectives in a significant way by creating what we say discontinuity in a market place. Cars, planes, computers, and off course the internet are good examples of ideas that created discontinuity. Entrepreneurship is about a team work. It requires a team that has a passion, and brains that is mutually explosive but collective exhaustive, expertise and experienced. All successful ventures talk it out about such teams. Passion is a main fuel enhancing confidence, energy, and enthusiasm of a team. Off course instrument for sustaining and enhancing the passion of the team is value system. Value system is a protocol for the conduct observed by every member of a team. It is also like radar of a ship, helps a team to overcome the moments of despair, dilemma and moral confusion. What are the attributes of entrepreneur? First of all their dreams, their high aspirations, believe in add-age in possible impossibilities better than convincing possibility, next they are very passionate, they live & breath their ideas, they have sense of ownership in everything they do. They sacrifice a great deal in achieving their success in their venture. They have sense of urgency in everything they do. They respect value addition and they do not care about titles, corners offices, and other perks. They get too much attached to their ideas. They do not know when to give up their idea and this could eventually hurt the organisation. They have host big egos. Following steps we can take to boost the entrepreneurship in big organisations
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