Dr R Seetharaman, Group CEO of Doha Bank, giving a presentation at the Washington College in Chestertown, Maryland.
Washington: The human resource factor in leadership should focus on grooming people for global environment, explained Dr R Seetharaman, Group CEO of Doha Bank. He was giving a presentation on ““Leadership, Accountability, and Ethics” on at the Washington College in Chestertown, Maryland recently. The meeting was attended by students, professors and management staff of Washington college.
“Leaders focus on identifying and expanding human talent base, minimising people skill gaps, expanding intelligence in products and services and sustaining high satisfaction and motivation level. Responsibility and Accountability promotes leadership development,” he said.
Seetharaman explained the areas which leaders need to transform to handle modern challenges. He said that the realignment of business models in the light of current global, regional and local scenarios and the basic challenges economies face in moving from crisis to stability.
“In 2008 as the financial crisis went from bad to worse, policymakers and business executives struggled. True leaders are those who bring accountability, consistency and ethical practices. Business models need to be realigned by transforming organisation mindset. We should develop mindset to work in a virtual organisation. Participative leadership is necessary for changing the mind-set and result in improved performance.”
Dr Seetharaman emphasised the priorities of leaders for sustaining business growth. “Leaders should know how to manage various stakeholders’ expectations and also monitor the changes in various stakeholder expectations. Ethical leadership is the key for sustainable business development,” he said.
The Peninsula
