MANAGEMENT STUDENTS from across the country were given the ‘ABCD formula’ - ability, balance, confidence and determination – for success by HSBC Bank group general manager and country head Naina Lal Kidwai at the inauguration of the annual event of Indian Institute of Management, Indore (IIM-I), ‘SBI-IRIS’ on Thursday.
Quoting George Bernard Shaw, Naina fuelled the sense of inquisitiveness in the students and gravitated them towards asking ‘why not’? She urged them to think of different ways for doing age-old things and to learn from failures, for the worst thing one could do was to sweep failures under the carpet and the wisest was to draw lessons and improve upon them. She reminded that most ground breaking discoveries and innovations were the results of mistakes.
‘‘Life is never a cakewalk and there will always be mudslinging. One has to rise and meet challenges and one will find it easy to get out even of the deepest well. Fearing the unknown is natural but not even trying to venture out is foolishness.
Taking enough risks shows, that one is not loosing out on the opportunities’,’ she said. She said that the most important thing for a working professional was to love his job and be passionate enough to enjoy it.
Organisations realise that mistakes can happen and recognise that making mistakes enriches the process of learning. The business environment is changing rapidly necessitating the need for constant re-invention. She advised caution while choosing companion and master.
Defining leadership quality she said that it was not a product, process or making the most noise but a philosophy. Grooming a leader is difficult as there are different styles for different people under different circumstances, she said and listed integrity of thought, behaviour, listening, maintaining individuality, clear vision and ability to take risks as the most important traits.
As an important insight, she said, ‘‘Play as ‘I’ but feel as ‘we’ thereby, drawing on collective strength of individuals. It is easy to be a star but difficult to be a team and therefore companies look not for employees but engaged employees implying those who are committed towards their goals.’’ IIM-I director Dr S P Parashar welcomed the guest gave an introductory speech and presented her a memento.