Sapphire_Synapse 2014 | Page 24

SYNAPSE 2014 SYNAPSE -- 2014 Once you have given a responsibility to a person, leave him to his own wit sand discretion to do it to the best of his abilities Great idea, we pay heed to it, but we don’t see much of it in practice. The idea is very powerful, whoever we hire, we hire because we find him to be the best guy available. So people have come in with capabilities, with skills. The more capable and skilled a person is the less he wants people breathing down his neck to tell him what to do and how to do it. The guy who is good at the job says, “Give me the job and then get out of my way.” Empowerment is basically that, that once you have given a responsibility to a person, leave him to his own wit sand discretion to do it to the best of his abilities. You can come in the end and find out how has he fared but do not go on to micro manage him. But whoever is a manager is a control freak for some reason, he has little confidence in the person’s capability to do things well and so he keeps poking his nose in. Control is necessary, not bad, but micro-management v/s managing through objectives should be done. So if you empower people you are likely to get the best out of them, but if you micromanage people they do something with a grudge and half-heartedly and you don’t get the best out of it. So there is a common saying that most of human capabilities are wasted in an organization. How do you feel Entrepreneurship will be impacted? Will a company have a nationality anymore? May be its head office is in one country but its plant will be in one and the market in another Business education has been held guilty for producing managers and not entrepreneurs. Whenever you take big names like Bill Gates, Steve Jobs or Dhirubhai Ambani; they were great entrepreneurs, they did not go through with even formal education, leave alone business education. So we produce the white collar professional manager, we do not produce the entrepreneur. Can entrepreneurs be produced on an assembly line, I don’t