By Makarand Gawade, Staff Writer
John Adam’s edifying words “if your actions inspire others to dream more, learn more, do more and become more, you are a leader,” epitomize the dynamism of leadership. If I were a leader, I would aspire to chart a new vision for an organization and strive to attain sustainable growth and deliver results aimed at the advancement of all stakeholders, particularly the communities in which the organization would. On account of my passion for technology and a resolve to associate myself with renewable energy industry, I would choose to be a global business head of an organization involved in setting up renewable energy projects based on clean technologies.
In an ever rising energy crisis, we are forced to research, develop and implement renewable energy projects to alleviate serious problems related to climate and depletion of traditional energy sources. In view of the same, I would intend to strongly associate myself with spreading the awareness of renewable energy-based clean technologies globally, and make a difference to the society through my profession.
As a leader, I would especially focus on four cornerstones for a sustainable business growth to enhance the organization – market penetration, market development, development of new technology, and diversification of business, among others. I would retain the ongoing strategy of market penetration in existing unsaturated markets, to increase market share by winning repeat orders and to gain competitors’ customers by taking advantage of economies of scale. In my opinion this would be one of the least risky growth strategies, given the organization’s experience in its existing markets.
Renewable energy has a great potential to help countries become less dependent on energy imports, create jobs, and mitigate climatic changes, while contributing to prosperity. In a transition to adopt higher level renewable energy solutions, there will be bountiful opportunities not only in developed countries, but also in developing countries. I would strive to achieve significant organizational growth by tapping into unexplored markets. Creating additional demand for products or services, especially in markets where competition is yet to fully develop, can spur phenomenal growth for the organization. Besides promoting deployment of renewable energy solutions, I would equally focus on building capacity at all levels of renewable energy policy and regulatory structure, so that communities and governments will be able to create an enabling framework for the development of renewable energy technologies.
In today’s fast-paced and fiercely competitive world, speedy and flexible development of new technologies is essential for enhancement of an organization. I would strive towards imparting a vision and bringing a new approach in the organization for development of new technologies which are in-line with market-driven ideas and processes. To actualize this, I would facilitate formation of self-organizing project teams, overlap of development phases, and organizational knowledge transfer, to build a fast yet flexible process.
I would dig deep into the realm of diversifying the business since it would be a strategy to spread financial risk over different markets and products, ensuring that the organization’s success is not reliant on a particular market or product. I would explore options of joint ventures, alliances, mergers and acquisitions, and licensing for diversification of the business. At the same time, I would leverage core capabilities of the organization and intelligently build concentric diversification around it.
I would work towards continuously improving human resource management practices—from hiring and training to empowerment of business development teams. I would intend to connect people with purpose, since I believe that an organization is more productive when the right person is put into the right job. I would facilitate to make comprehensive policies to improve employee retention, since in my opinion employee retention equals customer retention, which in turn drives sustainable growth of the organization.