Page 50 - Banking Finance September 2025
P. 50

ARTICLE

         coaches or participating in self-development retreats,  Ratan Tata institutionalized the Tata Group's legacy of trust
         practicing Seva (selfless service) in communities to stay  and ethical leadership through formal mechanisms like the
         grounded will do wonders to make this possible.      Tata Code of Conduct, ensuring that the group's values would
                                                              endure across generations and leaders.
         Dr. A.P.J. Abdul Kalam exemplified humility throughout his life.
         Despite being one of India's most celebrated scientists and  4. Balance Visibility with Substance
         the President, he always made time for students, janitors, and  In India's  media-saturated  society,  leaders  often  feel
         villagers, emphasizing that no job or person is small.  pressured to project charisma, dominance, and visibility.
                                                              Level Five Leaders resist the temptation to seek personal
         2. Strengthen Professional Will Anchored in          limelight, instead letting organizational results, employee
         Purpose                                              growth, and societal impact speak for themselves.
         Level Five Leaders possess an unyielding professional will.
         Leaders must craft a personal and organizational vision that  They recognize that substance, not spectacle, earns lasting
         goes beyond profits to include contributions to India's social  respect and trust. At the same time, they do not shun
         development, environmental sustainability, and economic  visibility altogether; they use their influence strategically to
         inclusion.                                           amplify team achievements, champion causes, and inspire
                                                              communities, rather than for self-promotion.
         Such purpose-driven will allows leaders to make difficult,
         unpopular decisions, stay the course during crises, and avoid  Using public platforms to talk about organizational purpose,
         being swayed by short-term market or media pressures.  societal contributions, or employee successes rather than
                                                              personal accolades, Allowing team members to represent
         Defining a personal leadership manifesto aligned with  the organization in forums and media, Remaining accessible
         national or societal goals, making bold investments in future-  to employees and customers rather than creating ivory
         ready but socially impactful sectors (e.g., renewable energy,  tower leadership, Avoiding excessive branding of leadership
         rural development, skill-building), Taking stands on ethical  personality could be more appropriate.
         dilemmas, even when faced with resistance, setting clear
         long-term  milestones,  even  if  they  bring  short-term 5. Foster a Culture of Servant Leadership
         sacrifices are all possible approaches that can be adopted.  Level Five Leaders view themselves as servants of the
                                                              organization, employees,  customers, and society. This
         3. Institutionalize Values and Legacy Systems        servant leadership mindset is deeply rooted in Indian
         Level Five Leaders understand that organizations should not  philosophy, where kings were seen as Rajadharmis-servants
         revolve around them but around enduring systems, values,  of the people.
         and  cultures. In India,  where businesses often  center
         around  the  founder  or  family  patriarch,  this  shift  is  Servant  leadership  involves,  Putting  employees'  and
         particularly critical.                               customers' needs above personal comfort, Creating inclusive
                                                              workplaces where diverse voices are heard, Empowering
         Institutionalizing governance  mechanisms,  leadership  teams to take decisions and ownership, Fostering humility
         development systems, and cultural rituals ensures that the  and empathy as key leadership competencies.
         organization survives and thrives long after the leader's exit.
         This includes embedding ethics into the organizational DNA,  Servant  leadership  is  essential  in  India's  hierarchical
         creating transparent decision-making systems, and ensuring  workplaces, where employees often hesitate to question
         that successors are chosen based on merit, not loyalty.  authority. Leaders who model humility, vulnerability, and
                                                              listening create cultures where innovation, trust, and
         Establishing Codes of Conduct that apply equally to all levels  collaboration flourish.
         of  leadership,  Building  independent  boards,  audit
         mechanisms, and compliance systems, Creating leadership  Implementing open-door policies and anonymous feedback
         development academies within organizations, Documenting  mechanisms. Spending time on the frontlines, engaging with
         organizational  history,  values,  and  rituals  for  future  employees at all levels. Creating forums where employees
         generations are all the actionable approaches.       can challenge ideas and contribute without fear. Leading

            BANKING FINANCE |                                                           SEPTEMBER | 2025 | 45
   45   46   47   48   49   50   51   52   53   54   55