Satyam's Ramalinga Raju is well educated man. He is from HBS and as I read from one of his contemporaries article, he is the person who is tech savvy, passionate about his business. But, what lead him to make such faulty decisions? What could be the take away for us? In my opinion, tough people last during tough times only if...
1. They maintain their integrity all the time - my understanding of integrity is dont settle with 'convenient' way of doing things when you are in a tough situation. Instead, stick to what is right, what is ethical and what is appreciated.
2. You really dont have to change yourself or your way in tough times. If you are really the one who is doing right things you naturally withstand tough times - for example, look at Infosys.
3. Trust people, delegate tasks, spread the information, dont micro manage. Had Raju really kept his books transprarent, he would not have to ride the tiger at all. (He confessed that he was riding a tiget and wanted to get off without being eaten).
1. They maintain their integrity all the time - my understanding of integrity is dont settle with 'convenient' way of doing things when you are in a tough situation. Instead, stick to what is right, what is ethical and what is appreciated.
2. You really dont have to change yourself or your way in tough times. If you are really the one who is doing right things you naturally withstand tough times - for example, look at Infosys.
3. Trust people, delegate tasks, spread the information, dont micro manage. Had Raju really kept his books transprarent, he would not have to ride the tiger at all. (He confessed that he was riding a tiget and wanted to get off without being eaten).
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