Organizational Leadership An organization is all about people and relationships. Organization leadership is about inspiring its people to excel. It requires an ability to see potentials of the people. A leader has the inner eyes to recognize people’s capabilities and to facilitate the growth of people around him. “Look at the people as they are, and they will remain what they are. Look at the people as they can be, and they would become what they are capable to be.” In today’s age, particularly in India those companies that “INNOVATE” are likely to be more successful. For companies to become perpetually Innovative, a culture needs to be built up. The leadership has to bring about the culture of Innovation through directing the energies towards same. It would involve: A culture that empowers people. Recognition of Innovative thinking. Prevalence of outstanding leadership. Empowering people: Leaders who encourage risks, look at problems as opportunities turned inside out. They are therefore willing to allow people to get involved, and share with them the enthusiasm that can lead to finding newer, innovative solutions to problems. Recognition of Innovative thinking: The systematic encouragement of Innovative thinking and of innovative effort is important to nurture Innovative culture. Even in situations where the novel approaches may not have yielded benefits that may have been wishes for, it is essential to publically applaud such efforts. It is appreciation of those people who have consciously contributed to the creation of something that is better and more effective. Outstanding Leadership: Leaders can transform organizations. Leaders, who can inspire change, are those who have certain quality about them. Outstanding leaders cannot be satisfied with the status quo. Organizations that demonstrate high levels of innovation are those that share the beliefs that things can always be made better than they are today. It is good leaders who help carry people successfully over uncharted paths. This spirit triggers innovative thinking at all levels, and makes organization survive and grow even in difficult situations. ‘Business Today’ declared best managed companies in India recently. They are Tata Motors, ICICI Bank, Grasim Industries, Tata Steel, Great Eastern Shipping and Bharati Airtel. The companies have done well in good and bad times. Their leadership ensured following principles and success formulae: Their vision was courageous. They focused on core competences and expanded geographically. Creation of operational excellence. Best governance. Not only law-abiding, but operations beyond that. Top managers have grown from inside ladders. Very close relationship of organization with suppliers. Sharing of Vision and Mission for working towards a common goal. No compromise in product Quality. Thrust on innovations – To provide value for money. Working for the betterment of humanity – Corporate Social Responsibility. Better relations with stake holders, namely customers, employees, business associates, suppliers, depositors and share holders. MBA- Knowledge Base