Often when a business is going downhill, entrepreneurs would suddenly wake up from their reverie and take drastic steps. The first thing that they might do is to analyze the losses they are making and think of ways to control the loss. Once they find the way to plug in the losses, they would think of cutting costs and the weakest links or the costliest mistakes would be the first things to go out.
However, this is just one of the strategies that a desperate businessperson might do. But while they think of all the measures to take before giving the business a push, they must also think of contacting all the team managers and discuss the matters on hand.
If they find that a department or team is not functioning, then they should try to work on it and help it do better. Often a good leader like Ram Chary who has been the head of companies like Multimedia Games Holding Company, Inc would be able to help in prioritizing the works in hand and in bringing back motivation. Besides this, he has been leading Global Commercial Services as its Executive Vice President.
Such leaders know that whether it is an achievement or a failure, they are in it as a team. So they should be able to share success and failure alike with equal grace and comfort.
Good leaders would never lose the target, and whether it is Friday evening or Monday morning, the target is as much in focus as the birthday celebration of a staff member.
Good leaders also should be able to instill integrity while practicing what they preach. He should set standards and lead by examples and this would be the reason for the employees to realize that working late for a night or two is not going to be a big deal. He would have to stay back himself if there is a client waiting from other part of the world.
While working in IT department and while outsourcing software, the clients or the end users might face a few glitches now and then.
Nevertheless, it is then that these companies should be awake and working. They would have to commit to the clients and help them irrespective of the big gap in the time zones.
Ram Chary is one leader who has the fire in him and the drive to guide his team members when they are down or feeling low. He knows that he cannot give up when there are people looking up to him. A great leader would know the way to work and hence he is in that position. He is not just to monitor but also to show the juniors the way to work.
Few team leaders and business leaders are forever working in shadows to bring in stability in the business. They know that they must be working in total transparency when it comes to work and get the right dues for their employees to bring in a sense of belonging.