Wipro’s announcement last week on the stepping down of its two co_CEOs and a withering attack on the management of Mindtree on the continued below par results makes you wonder about the role of leadership in guiding an organization through troubled times. Are CEOs made scapegoats or is it really the case that they have been unable to take tough decisions?
Leaders need to be adaptable (without being whimsical) and at the same time firm and stay convinced even if others around them look sceptical. The latter is important to be able to steer through difficult times and keep away from the danger of taking “popular” decisions by going with the majority.
I remember reading an article I read recently, “Solitude and Leadership”, where the author Deresiewicz speaks about being able to think independently, introspect, being with oneself and hence backing oneself to taking the right decision as being extremely important. I thought it made abundant sense. Today, with collaborative leadership styles being recommended, it is worthwhile to take a pause and also examine this seeming contradiction. What do you think?