Tag: business leader

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Motivational

11 Powerful Quotes Of Indra Nooyi On Leadership Success

11 Powerful Quotes Of Indra Nooyi On Leadership Success
11 Powerful Quotes Of Indra Nooyi On Leadership Success

From a quiet young girl in Madras (known as Chennai today) to becoming a ferocious leader in the boardroom, Indra Nooyi is the former Chairman and CEO of PepsiCo. Her journey showcases her persistence, passion, determination, and her hunger to achieve something big in her life that led to her huge transformation.

Here are eleven powerful quotes from the “Dragon Woman” Indra Nooyi that will help you become a successful business leader:

1. As a leader, I am tough on myself and I raise the standard for everybody; however, I am very caring because I want people to excel at what they are doing so that they can aspire to be me in the future.

2. I’m very honest – brutally honest. I always look at things from their point of view as well as mine. And I know when to walk away.

3. I pick up the details that drive the organization insane. But sweating the details is more important than anything else.

4. The distance between number one & number two is always constant. If you want to improve the organization, you have to improve yourself and the organization gets pulled up with you.

5. The one thing I have learned as a CEO is that leadership at various levels is vastly different. As you move up the organization, the requirements for leading that organization don’t grow vertically; they grow exponentially.

6. CEOs and leaders have to be life-long students. Not just students in the sense of attending courses or reading a book. You’ve got to learn how to read widely, walk the market, look at the trends in the marketplace, and make connections that don’t seem obvious. And start painting pictures of what the future could be. Then watch the consumer behaviors.

7. Most importantly, we want to create a company where every employee can bring their whole self to work.

8. Please help others rise. Greatness comes not from a position, but from helping build the future. We should pull others up.

9.  Take a stand. Be known for your courage and confidence.

10. Bring together what is good for business with what is good for the world.

11. Whatever anybody says or does, assume positive intent. You will be amazed at how your whole approach to a person or problem becomes very different.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more about our courses, visit: www.badabusiness.com

Categories
Leadership Building

5 Essential Skills Will Help You Become A Powerful Leader

5 Essential Skills Will Help You Become A Powerful Leader
5 Essential Skills Will Help You Become A Powerful Leader

Summary: A strong leader can help an organization to stay afloat in the best of times, and in the ones that try us the most.

As an entrepreneur, business leader, or owner, the importance of leadership skills can`t be underestimated. Now, we are living in a post-pandemic world and it will be foolish to assume that the blissful stability that once existed will return. This is why strong leadership is more important than ever!

However many people often wonder what it takes to be a great leader? What constitutes to make a great leader? What are those essential qualities that make for great leadership?

We have asked Dr. Vivek Bindra, the best motivational speaker in India, is it possible to become a great leader with practice? He replied, “Leadership is a skill, and like all skills, it takes practice to become truly great.”

Here are five qualities and mastering them will help you become a more effective leader:

1. Build Emotional Intelligence

Emotional intelligence plays a key role and has an impact on leaders, employees, and organizations as a whole. A leader who is open with his or her emotions in a workplace is much more likely to have a positive impact than a leader who is short-tempered and rigid. The work environment created by the leaders belonging to the latter category is more toxic. Infact, employees experience burnout and attrition is quite high.

To develop emotional intelligence, you need to start introspecting. Cultivating emotional intelligence starts with self-leadership and self-awareness. You can hire a business coach who has been a mentor to high performers. A great mentor can help you to get unstuck and aligned with your goals.

2. Lead With Empathy

Empathy is the ability to be able to understand and relate to the feelings of other people. And it is a very powerful tool for leaders. It can help to build deeper connections with their teams. If it is practiced all over the country it can increase overall success. When you open your heart more, you open up your ability to go against your ego. You open yourself up to new opportunities, new possibilities, and new relationships. A great leader communicates honestly and tries to understand their employees without any judgment.

3. Be a Good Listener

Listening and hearing have a hairline difference between them. While hearing is passive, listening is active. A great leader is someone who understands the difference between the two terms.

Active listening is essential for effective communication. It not only involves ears but many other aspects like body language, expressions, and gestures. What’s not said is just as important as what is said.

A great leader will take cues from all other aspects and help people in the organization who might lack the courage to speak up. We need leaders who listen and are intentional about their conversations. Join India’s most powerful business training event ‘Leadership Funnel Program 2.0’ by Dr. Vivek Bindra and master the leadership skills.

4. Transparent Communication

When it comes to communication there is no set formula. But, successful communication begins with transparency. But to keep lines open and clear across the business, we must be careful not just about putting our messages across, but also about the mediums, too.

While businesses around the globe are adapting to the change unleashed by the pandemic, great leaders are trying to find the right balance. Good leaders today have to make difficult decisions such as furloughs, and staff reductions.

5. Act Quickly & Confidently

Many leaders talk, but they do not execute what they say. And it is doing so that separates the real leaders from the rest. When your words match your actions, people learn to develop trust. It is more impactful when you take action on what you are hearing from your employees. Leaders who act quickly and confidently often must make difficult decisions, and for that it takes grit.

We are in uncertain times, where the dynamic of business is constantly changing. Leaders, who have clear objectives, are certain, and are committed to their passion and perseverance, are the ones who will continue to build trust in these uncertain times.

It is essential to have leadership qualities to lead a successful business. Learn how to become a powerful leader from the industry experts in our ‘Leadership Funnel Program 2.0’. To know more, click here: https://www.badabusiness.com/lfp?ref_code=SM&pp_code=BHBB000078

Categories
Business motivation

5 Important Things To Keep In Mind Before Buying Any Franchise

5 Important Things To Keep In Mind Before Buying Any Franchise
5 Important Things To Keep In Mind Before Buying Any Franchise

In today’s time, young entrepreneurs are taking more interest in starting their own startup business. Many entrepreneurs also consult the best business coaches in India to move forward with their business with the help of a business leader.

Though many entrepreneurs already have a business idea in their mind, only a few are willing to ​​start a venture right from scratch. This is why a franchise business is considered the best way to start your startup business.

A franchise business provides a wonderful opportunity to build a business. However, there are also some important questions that an entrepreneur must seriously consider before buying any franchise business that will save them from any unfortunate events and losses in the future. In this article, we are going to tell you about those questions in detail.

1. Conduct a background check

There are two things behind a successful startup business-

  1. A good business strategy and the best business model behind it.
  2. Good leadership plays an important role in making a business successful.

Whenever you think of taking a franchise, you should research its founder, its business model, and also the reasons why taking a franchise of a particular business will be beneficial for you. Conducting background research will also help you to resolve all your queries and help you to make an informed decision. You can also get help from a business coach in India to navigate through all the possibilities.

2. Evaluate the franchise cost

You may have a good budget for starting a franchise business, but before you choose to invest its cost you should evaluate it. When you plan to buy a franchise of a business or a brand, compare it with the market price of other brands to get its actual evaluation. If you become a part of any franchise business without knowing its value in the market, then you may have to bear the loss in the business shortly.

3. Check the financial stability of the company

Whether it is an individual or an organization, the only way to emerge from any crisis is to be financially strong. Before starting any franchise business in India, you should also get information about the financial strength of the company.  It is important to do a fundamental analysis to figure out if something happens in the market, will this company manage to come out of the crisis? Can it overcome any financial crisis? You should ask the founder these questions before making any decision

4. Find out the number of outlets & their success rate

Do you know how many outlets of the franchise you are deciding to purchase exist in the country? Also, how much is its success rate compared to the rest of the franchise of other brands? Whenever you think of buying any brand’s franchise, you should also ask those two questions. The success rate of the franchise will directly affect the franchise you run, so you should know where the company you choose stands in the industry.

5. Know the support system of the organization

The most important thing when considering a franchise for any business is to consider how much support the brand you choose provides you. Will it provide you with the required business training? Will you get to learn important business tips as well as other nuances that are crucial to attaining success? Does your franchise brand help you choose good staff along with a good location? Ask these questions before choosing a franchise business in India.

A franchise business is probably the only business that helps you to setup your own business without having to start it from scratch. The initial hustle is less. But it is important that before choosing any brand, you should check these five things to help you make a good decision.

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