Page 49 - Banking Finance September 2025
P. 49

A R T IC L E
                                                                                          ARTICLE
          significant challenges like technological disruptions, policy  empathy into the core values of an organization, Level Five
          and regulatory changes, geopolitical uncertainties, climate  Leaders move beyond mere compliance, creating cultures
          risks etc.                                          where inclusivity is a lived experience.


          In this complex landscape, Level Five Leaders stand out by  Organizations that fail to adapt risk alienating talent,
          making thoughtful decisions that balance immediate needs  investors, and partners in a world that increasingly values
          with long-term goals. They remain calm under pressure,  ethical  and  inclusive  practices.  Embracing  Level  Five
          prioritize ethical considerations, and focus on building  Leadership is not just the right thing to do-it's essential for
          resilient organizations.                            sustainable success in today's dynamic environment.

          India's economic history includes instances where reactive  5. Restoring Trust in Business Leadership
          decision-making led to scandals and financial losses. Level
                                                              Post scams like Satyam, Nirav Modi, and Yes Bank, public
          Five Leaders break this cycle by demonstrating patience and  trust in business leadership in India has eroded. Level Five
          moral courage, ensuring that their organizations not only
                                                              Leaders, with their humility, transparency, and integrity,
          survive but thrive amid challenges.
                                                              play a critical role in restoring societal trust in business as a
                                                              force for good.
          In the big picture as India aims to become a global leader
          in technology and manufacturing, the role of Level Five  6. Balancing Tradition and Modernity
          Leaders  becomes  even  more  critical.  Their  ability  to
          navigate rapid changes while staying true to core values  Level Five Leaders in India also have the unique responsibility
          ensures  sustainable  growth  and  positions  India  as  a  of blending India's rich philosophical traditions of Dharma,
                                                              selflessness, and community welfare with modern capitalist
          responsible global player.
                                                              demands. They can champion an Indian model of leadership
          In summary, Level Five Leadership is not just a management  that is both globally competitive and deeply rooted in Indian
          style; it's a necessity for building enduring institutions in  ethos.
          India's dynamic socio-economic landscape.
                                                              Let's discuss how emerging leaders can
          Narayana Murthy, when faced with global recessions or  embody level five Leadership
          corporate governance crises, demonstrated exemplary Level
          Five Leadership by refusing to compromise on Infosys's ethical  1. Cultivate Personal Humility Through Self-
          standards or financial transparency, even if that meant Awareness
          losing short-term business opportunities.           Humility is at the core of Level Five Leadership. In India,
                                                              where leadership has often been associated with authority,
          4. Fostering Inclusive and Ethical Workplaces       hierarchy, and status, cultivating humility requires conscious
          Employees today come from varied backgrounds-different  inner work. Indian leaders need to recognize that true
          regions, languages, genders, castes, and age groups. With  strength comes from accepting limitations, being open to
          the rise of social media and increased awareness of rights,  feedback, and placing the organization's needs above
          there's a growing demand for workplaces that are inclusive,  personal pride.
          respectful, and purpose driven.
                                                              Self-awareness is the foundation of humility. Leaders must
          This shift means that traditional top-down leadership styles  engage in practices that allow them to understand their
          are no longer effective. Employees now seek leaders who:  strengths, biases, fears, and ego triggers. This also involves
          encourage participation, promote genuine inclusion, build  acknowledging the contributions of others, giving credit
          trust, admit mistakes openly, welcome challenges, advocate  where it is due, and accepting personal mistakes without
          for the marginalized.                               defensiveness.

          In  the Indian context, where societal structures have  Regular  self-reflection  practices  like  journaling  or
          traditionally  been  hierarchical,  such  leadership  is  meditation, proactively seeking 360-degree feedback from
          transformative.  By  embedding  ethics,  diversity,  and  peers, subordinates, and mentors, engaging with executive

            44 | 2025 | SEPTEMBER                                                          | BANKING FINANCE
   44   45   46   47   48   49   50   51   52   53   54