A punctilious glance over the annals of the corporate world in the last decade will reveal the malady that has smitten some of its illustrious entities. Its cause may be varied. Their debacle sent shudder down the spine of the global economy. Nevertheless, the ill fate can be attributed to a dominant factor. The buck stops at the zenith. Leadership – leaders who held out the promise of a bright future for the organization weaving with it the prospects of its stakeholders. They held out a promise and in time proved dismal of it.

Leadership - is the capacity to envision a compelling strategy imbibing the strength, limitations and culture of the organization, organizing its organic talent and systems towards achieving its goals. Leadership believes in the promise it offers and the service it provides; values its customer/s in summa. It provides absolute transparency to all its stakeholders.

There are four systemic components to Leadership.

a) STRATEGY – charting the future action course entails a conscientious handle on goals. The onus is on the leadership to provide a thorough and clear approach on the modus operandi and the stakes involved. It is providing logical reasoning to its functional resources on the relevance of their action. The strategy addresses each and every component of the organization engendering collective leadership.

b) INTERNAL PERSPECTIVE – appropriates the forte of the organization and raises a strong vigil in eliminating the lacuna. Leadership is fierce in guarding the value system and takes absolute accountability of sustaining it. It believes in truly being an epitome and shows tenacity to gauge its performance by the very principle and reasoning in every phase of its life cycle. There is a dogged determination in showcasing ‘value’ to their customer and establishes norms for substantiating it. Leadership ensures crystal clear clarity to its workforce and its external stakeholder/s.

c) LEVERAGING THE INTERNAL RESOURCES - Truly world class organizations exemplify a persistent indulgence in nurturing its most important resource – its people and also its systems. Leadership exemplifies itself in communicating an implicit trust in its people. An indiscreet way of cementing this is by way of developing their people for long term career plan and taking full ownership of the agenda. And by way of implementing suitable systems, it buttresses an environment in which their people can perform to the optimum.

d) VALUE SYSTEM – while leading life in the organization is relevant, how it is lived out is a result of the paramount importance placed in it by the apex team. Gargantuan efforts are placed in determining the ‘values’ and its efficacy. It is showing a commitment to sticking to norms uncompromised on any pretext. In essence, it is esteeming the organization more than anything else. It is believing in preserving the heritage and guarding the legacy. In a world, ambient with opportunities and new age entities entering the fray with breakthrough technology providing impetus to economies and avenues galore. Leadership must take on the mantle of directing in the current environment and beyond. It must reinforce the values of transparency and adhering to guiding principles and thereby win the trust of its clients and customers. Beyond economic reasons, leaders must provide a purpose and meaning in business itself.