Leadership Journey: a Practical Guide for Quantum Leap to Your Leadership

Ajay Kumar P.E. MBA

Description

No information available at this time. Author will provide once available.

Sujets

• Communication organisationnelle
• Leadership
• Business
• Journey
• Success
• Economics
• Marketing et communication
• Business Communication

Informations

• Publié par: Xlibris US
• Date de parution: 27 avril 2023
• Nombre de lectures: 0
• EAN13: 9781669843887
• Langue: English

Extrait

Leadership Journey: A Practical Guide for Quantum Leap to Your Leadership








AJAY KUMAR, P.E., MBA



Copyright © 2023 by Ajay Kumar, P.E., MBA.
Library of Congress Control Number:
2022915617
ISBN:
Hardcover
978-1-6698-4389-4
Softcover
978-1-6698-4390-0
eBook
978-1-6698-4388-7

All rights reserved. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without permission in writing from the copyright owner.

Any people depicted in stock imagery provided by Getty Images are models, and such images are being used for illustrative purposes only.
Certain stock imagery © Getty Images.




Rev. date: 04/27/2023





Xlibris
844-714-8691
www.Xlibris.com
837186











For my mother Srimati Shakuntala Devi, my first teacher, who taught me good values of life, and my father, Sri Dhara Singh Arya, who always taught me humility, honesty, respect, and the value of hard work.



Book Reviews
1. I had the privilege to work side-by-side with Ajay and see him put into practice much of the knowledge he shares with you in his book “Leadership Journey: A Practical Guide for Quantum Leap to Your Leadership”. If you’re looking for a practical, down-to-earth guide to becoming a successful leader, I highly recommend you read Ajay’s Journey.
Steve Russo, President and CEO, Luma Sleep, USA
2. Regardless of your job experience level and the industry you work for, the golden nuggets of wisdom that you’ll find throughout the book, will make a night and day difference, to your career and /or business, if fully grasped and deployed by you and your teams.
Valentine (Val) De Jesus, Senior Operations Manager, Pratt and Whitney, USA
3. Regardless of your education or experience, readers of this book will benefit from learnings and concepts that will help them becoming successful in their P/L operations management journey. The novices will acquire a solid foundation in P/L operations management while the more experience ones will get a refresher on concepts we tend to forget over time.
Maxime Labrecque, Vice President (MRO Operations) Pratt and Whitney Canada
4. If you are in an existing leadership role or that is your goal, you will most definitely want to read Ajay’s book. It is very down to earth knowledge of how to be that successful leader. Being a Controller for years, I was very impressed with the Finance Chapter. In addition, I have had the pleasure of working for Ajay and I must say he “walks his talk” everyday!!.
Dana Peterson, Site Controller
Pratt and Whitney Canada, USA
5. This is an awesome, highly practical leadership book for both new and experienced leaders with great insights into highly critical areas (environment, finance, market, and people engagement) of the leadership of any business. I highly recommend this book to all current and future leaders from any business function such as Operations, Project Management, Human Resources, Finance, Customer Service or other areas. You will feel great and highly confident about yourself and your leadership skills once you have understood and applied the concepts presented in the book. A great practical book indeed on leadership!
Udaibeer Singh, Manufacturing Business Owner, Dubai, UAE
6. I had the opportunity to work side by side with Ajay during the early part of our careers in the Fertilizer industry in India. Even at that time, I sensed some unique zeal in Ajay to positively contribute to society. Now I see that zeal culminating in the release of this book.
All the key factors that ensure success are well explained in simple English, the method that easily connects with people and enables reading chapter after chapter without taking a break. Whether it is about sustainability and global warming or financial basics to non-financial managers or for that matter every subject he touched on here is well explained lucidly. I am glad Ajay allowed me to read this manuscript, I feel privileged! I do not doubt in my mind, this book when it hits the stands will be the talk of current and future leaders across the globe!
M. N. Rao
Senior Vice President-Engineering
Aquatech International LLC
Canonsburg, PA 15317
USA



Contents
Introduction
1. Sustainable Development Must Be the Way Ahead
2. Leadership Thoughts
2.1 What Do Leaders and Managers Do?
2.2 Characteristics of Effective Leaders in Business Context
2.3 Are Leaders Born or Made?
2.4 What Can Surely Fail a Business Leadership?
2.5 Some Basics Management Tips You will not Learn in MBA Programs
2.6 Why Do Smart People Make Expensive Mistakes?
3. Motivation: Invaluable Tips to Learn and Use
4. Learn the Basics of Finances
4.1 Return on Equity and Return on Assets: Roles Played by Operations, Sales, and Finance
4.2 Economic Value and Enterprise Value
4.3 Decision on Capital Investment
4.4 How Healthy is a Company Financially?
4.5 Early Symptoms That Your Company Might be in Trouble to Operate
4.6 Cash Is All That Matters
5. Learn the Basics of Macroeconomics
5.1 GDP and the Key Factors that Influence It Most
5.2 Understand Comparative and Absolute Advantages of Countries, Businesses and Individuals – Take Advantage of the Knowledge and Concept
5.3 Key Indicators of Economy Health
5.4 Market Concentration
6. Strive to Go beyond Operational Excellence for Long-Term Survivability
7. Additional Know-How for Manufacturing Leaders
7.1 Choose Your Team Carefully
7.2 Must Have Commitment to EHS
7.3 Must Practice Effective Communication and Address Employee’s Basic Needs on Priority
7.4 Make Site Vision and Site Goals Clear to All
7.5 Have an Effective Performance Review Program
7.6 Implement a Training and Development Program
7.7 Celebrate Your Wins Appropriately
7.8 Use Digital Technology and Take Care of Your Equipment Proactively
7.9 Production Must Focus on Productivity and Operation Efficiency
7.10 Practice Operational Excellence and Go Beyond
7.11 Must Do Data Analysis for Good Insight and Decisions
7.12 Embrace Sustainable Development
8. Take Care of Customers
9. Highly Useful Tools for Operations Leaders
9.1 Failure Mode Effect Analysis—a Powerful Method for All Manufacturing Sites
9.2 Fishbone Diagram for Root Cause Analysis
9.3 The 5-Why Tool for Root Cause Analysis
9.4 The Checklist
9.5 Management of Change (MOC) for Non-Routine Changes
9.6 SWOT Analysis
9.7 Porter’s Five Force Analysis for Business Strategy
9.8 The 80-20 Rule
9.9 The 4-Way Test
10. Concluding Remarks



Introduction
The purpose of writing this book is to distill some very useful tips to leaders and managers, so they take quantum leap in their leadership journey and run their organizations in such a way that employees feel connected and engaged and they achieve their business goals.
There is no dearth of management and leadership books around, so an obvious question could be what additional value this book provides to these upcoming managers and leaders. In this book, I have attempted to focus on some basic yet very useful lessons and tips based on my twenty-five-plus years of manufacturing leadership experience that I believe will empower managers and leaders. I had an opportunity to work with senior executives and floor employees in different industries. I stayed mindful of the cultures in these organizations, different leadership styles, knowledge, and tools that I felt young leaders and managers must have early in their careers, so they learn and apply this knowledge and help organizations become responsible, achieve great results, and build a culture where employees are engaged and motivated and thus make organizations stronger constantly. Some leaders and managers have business backgrounds, some have technical backgrounds, and some have both. Those who are managing manufacturing or technical businesses benefit from technical knowledge such as engineering. Managers from the business side without technical backgrounds have solid business backgrounds but lack technical knowledge. They can certainly still be very successful if they have a team of solid technical managers to assist them in understanding the technical side of the business. They also learn technical aspects of the business based on their own routine experience dealing with technical issues. Similarly, leaders and managers without business backgrounds learn business skills hands-on when they deal with issues and interact with those who have solid business backgrounds. Some of these people will go back to school full-time or part-time and earn their business degrees to further their careers. They certainly will have a better appreciation of the business aspects after gaining this additional academic knowledge of finance, marketing, sales, and human resources.
After graduating from a chemical engineering program in India, I decided to go back to business school to learn the business aspects of running an organization. I had worked for a few years by the time I went to business school. Business school education helped me tremendously, and I was able to relate to some of the business things our leaders would talk abou