Top McKinsey executive reveals Asian owner-CEOs' secrets to success
McKinsey executive Gautam Kumra discusses the leadership traits that distinguish successful Asian owner-CEOs. Key factors include the ability to manage contradictory long-term and short-term goals and a willingness to take risks on unconventional talent.
Why it matters
It offers professional insights into corporate leadership strategies that drive significant value creation in emerging markets.
What distinguishes truly great and effective leaders from everyone else?
Gautam Kumra, Asia chairman at consultancy McKinsey & Co., talked to CNBC in an interview about what sets the top executives apart from the crowd, helping filter out the key factors that determine successful leadership.
The ability to deal with contradicting thoughts: to think both long-term and short-term, to go big-picture but also look at things under a microscope, is one of the top characteristics of an effective leader, said Kumra, the lead author of the book " Shapers and Founders : The Untold Stories of Asia's Extraordinary Owner-CEOs," published last month.
The skill of getting "extraordinary performance out of ordinary people" and a mission-oriented approach are other characteristics of the most successful people, Kumra said.
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