Wednesday, June 3, 2015

‘Listening effectively is biggest challenge’

‘Listening effectively is biggest challenge’

IT IS CRITICAL FOR NEW TALENT TO FEEL PROUD AND SATISFIED ABOUT WHAT THEY ARE DOING AND THEY SHOULD BE ENCOURAGED TO DELIVER WORLD-CLASS PRODUCTS AT COMPETITIVE PRICES

Sunil Mathur, is one of the few chief financial officer’s in a core engineering company to have been elevated to the post of managing director. In fact, it is widely believed that his appointment could likely resolve the succession issue in some of India’s other companies too! Siemens India is also one of the few multinational companies where the global chief executive officer is also on board of the Indian unit, displaying the belief the parent company has in the subsidiary. A long-standing employee, Mathur took charge in January, 2014, and has since then taken steps to transform Siemens India into a customer-centric company. Edited excerpts:

How do you define a leader?

In my view the most important trait for a leader is to listen. This is one component of overall communication and I think a good leader should be able to communicate effectively. The ability to listen gives a better understanding of what is required and can help organisations shape their plans.

In your organization how do you groom future leaders?

Our future leaders are identified and developed through programmes that involve exposure to modern management techniques, visibility to executive management and evaluations by external experts. In addition to all of these we also expose our future leaders to our businesses abroad through overseas delegations where can showcase their abilities. We also try and expand their horizons through job rotations. Mentoring and coaching also plays an important role in grooming future leaders.

How difficult is it to retain talent in the manufacturing industry?

Retaining talent in this industry is, in general, a challenge. It is therefore critical to continuously expose them to the latest technologies and techniques and to empower them to contribute in creating a high performance and high productivity manufacturing facility. They need to feel a sense of pride and satisfaction in what they are doing (as we all do), and be encouraged to deliver world-class products with world-class standards at the most competitive costs.

In a fast moving world where everything is very dynamic, how does a leader ensure that his plans are carried out in the best possible manner?

This forms part of what I mentioned before about communication and I shall illustrate it with my own example. When I was offered the chance to become the CEO, I had to tap into the single most important feature that I thought was crucial, which was the company’s customer. This was given shape through constant interaction with my colleagues. It was this exercise that gave me the chance to increase the company’s focus on customers. I then put this plan into action by meeting customers. In two months, I met with about 70 customers. I then launched an internal programme to drive the entire approach toward customers. This was again communication, but of a different kind.

What are the challenges?

I think the ability to listen to your employees, to your customers, effectively is the biggest challenge. For a company such as Siemens which is operating at a time when there are significant changes happening all around, it is crucial to be closer to your customer. That is what I took to be my first task – to be customer centric. The next priority was to find solutions to existing issues.

Do you think leaders are born and not made?

I don’t think there is any rocket science here. A lot of what a leader does is common sense. You can see that everywhere, even with the neighbourhood chaatwala. There are many such sellers, but there will always be this one chaatwala who is very popular. It’s mainly because he knows how to take care of his customer. That is the key.

How do you strike a work-life balance?

Weekends are strictly reserved for family. I go on a holiday once or twice a year. One of the keys to excellent work-life balance is getting your priorities right, loving your work and family, having a great team and a clear focus.

Source | Hindustan Times | 4 June 2015

Regards

Pralhad Jadhav
Khaitan & Co

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