Get All Access for $5/mo

If You are Not Doing This, Then Your Leadership is Incomplete! Leadership involves umpteen activities. From delegating work, communicating your vision to analyzing the future of the company and taking action, there is always so much on the plate of a leader

By Bhavya Kaushal

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

Leadership involves umpteen activities. From delegating work, communicating your vision to analyzing the future of the company and taking action, there is always so much on the plate of a leader.

Hire Smart

However, the foremost attribute of a successful leader is that of his hiring quality. To stream it down further, hiring hard-working talent is not enough, employing smart people in and for your organization is what completes your role as a leader.

Bill Gates, a man who needs no introduction, has time and again emphasized the importance of having smart people in your organization. Smart people have a greater capacity to innovate, create and formulate new disruptions. In a business ecosystem which is so dynamic, smart people open avenues for newer creations to take emerge and also reduce the gap between the organization and vision of the leader.

When asked what defines the success of an organization and more so, the success of a leader? Chaitanya Kalipatnapu, Co-founder of Eruditus Executive Education, points out that to become a good leader, he or she must "identify and nurture the team/talent, that is smarter than you."

Simply hiring smart people however is not enough. Kalipatnapu adds, "A leader must give greater autonomy to the team members to operate in. Also, ensure that innovation and ideas are celebrated."

A Word of Caution

Even smart people need directions at times. Sampad Swain, CEO and Co-founder of Instamojo, says that even five minutes with your employees can bring a great difference in their morale. "No company functions without its employees."

It is very important to hire smart people and ensure that they are fostered, nurtured and given directions whenever needed.

Abhishek Chandrasekhar, Founder of Royal Brothers, says that entrepreneurs must hire the best team and provide the freedom of execution to them. "Work towards the betterment of each team member and build leaders within the company."

Chandrasekhar's argument of fostering leaders among a bunch of employees provides a key takeaway when it comes to surviving in the business sector.

A Neutral Perspective

Yashraj Bhatia, Director of Tintech Led Lights, however, has a different perspective. He says that an organization is nothing but a collection of people striving to achieve a common goal. No one person is perfect. "It is only the combined expertise of the group that in the end defines the success of a company. Leadership is all about maintaining the balance between your "experts.'"

Expertise is just a relative term. Everything depends on the mindset of the leader. The onus of leading the pack lies only with the leader. A little change in the mindset, a better understanding of the team and circumstances, can push the scale towards benefit, triumph and glory.

Bhavya Kaushal

Former Features Writer

I am a work-in-progress writer and human being. An English graduate from Delhi University, writing is my passion and currently, I was Entrepreneur India's start-up reporter. I love covering start-ups and weaving their stories into unforgettable tales with the power of ink! 
Leadership

ITC's Marketing Wizard: Shuvadip Banerjee, Chief Digital Marketing Officer

The FMCG giant's successful campaign #MyFantasyAdWithSRK broke the Internet and in just a few weeks of launch had 10 lakh participants

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.

News and Trends

Sportskeeda's Parent Absolute Sports Acquires SoapCentral for USD 1.4 Mn

For Absolute Sports, this is their second acquisition in the US sports media sector. Absolute Sports had acquired a 73.27% stake in US-based Pro Football Network LLC earlier this year.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

ChatGPT Users Report Mass Outage, OpenAI Says It's 'Investigating'

ChatGPT's outage was first reported early Tuesday morning.