In English
language, by virtue of use as well as by perceptions of communicators, certain
words tend to acquire meanings beyond what they originally were signifying. It
would be semantically interesting and intriguing if such words are made up of a
common set of letters, formed in different ways. Such triviality apart, the
words ‘Leader’ and ‘Dealer’ represent two words that are derived from the same
set of letters but become ‘leader’ and ‘dealer’, depending on where the two
letters ‘l’ and ‘d’ are placed. More importantly, the word ‘leader’ gets
appreciated by most people in a very rarefied meaning signifying high position,
high power and high visibility, engaging in transformative endeavours while the
word ‘dealer’ gets seen in a transactional sense, signifying an obsequious
approach to carry out one’s bidding (real or assumed), often in a surreptitious
manner.
As with
several other semantic or communication fallacies, both perceptions represent
incorrect pictures and interpretations of the reality. Leaders, in common
perception, are vested with the attributes, responsibilities and
accountabilities summarised above but not all those who are so vested tend to
be leaders, in the real sense of the term. Probably this is one reason why all
organizations, businesses and states are not equally successful, and some even
end up being adverse for others. Dealers, in common perception, are seen as
entities and persons who are not creative beyond acting as agents for someone
else, making a livelihood out of others’ need to buy and sell. Typically,
corporations designing, manufacturing and marketing products tend to be
leaders, and their frontend dealers tend to be followers. While dealers do act
as per the manufacturers’ or buyers’ bidding, they actually represent the most
important bridge between the supply and demand sides of an industrial economy,
Broad canvas
One may
postulate that leaders and dealers would live up to the core distilled meanings
of their terms depending on their competencies, skill-sets and resources. More
importantly, however, they would achieve their full potential depending on how they
see their representativeness with reference to their structural positions. If leaders
see their representativeness in a narrow way, they fail to reflect leadership
in letter and spirit. In a democracy, for example, leaders represent their
people. This does not mean that they can do all the things to all the people.
They would, for example, need to (i) generate options, make choices and set
priorities, (ii) incentivize as well as regulate the rich to promote growth
with equity, and (iii) subsidize as well as mobilize the poor to enable
prosperity with sustainability. The same would apply with respect to
organizations and businesses. If they see their responsibilities aligned to
only one class of stakeholders or only to hierarchy, the true leadership
potential would not be felt by the organizations and businesses they run.
The same is
the case with dealers. If they see themselves as mere representatives to sell
products, providing prescribed floor space and people to help buy-sell
transactions, they just become proxies to sellers and buyers. If, on the other
hand, they see themselves as an important connect between the product and
customer as well as between the customer and manufacturer, they can expand the
envelope for all the stakeholders. This is one reason why front-ranking
companies would like to operate their own chain of experience stores to impact
customer-product-manufacturer triage more insightfully. Even in the very
commoditized sense of a dealer doing something at someone else’s bidding (say,
as a lobbyist), there could be opportunities to enhance one’s own as well as
others’ awareness through a process of expanding the envelope of accountability
to the broader cause and the wider society.
There are many cases where what seems to be for sectarian or individual
good, in fact, turns out to be a catalyst for more effective public policy.
Short cuts
Although the
core theory of excellence, whether for leaders or dealers, is so common and so
simple to appreciate, not many would adhere to the theory in full and with
passion. The human brain is genetically wired to a reward-effort principle.
While individual variations due to education and upbringing do exist, the core
human theme is to exert less to profit more. This makes leaders to focus on
their most important stakeholder for maximal engagement, with only sporadic
engagement with other stakeholders, that too in a manner of alignment with the
need satisfaction of the primary stakeholder.
Leaders in large manufacturing organizations may, for example,
personally engage with large investors continuously for support through
business cycles while asking other lower level executives to ‘deal’ with other
‘less important’ stakeholders, including small investors. Leaders heading E
Commerce forms may engage feverishly with markets and customers, almost to the
point of self-aggrandisement through counts of clicks while ‘dealing’ only
sporadically and opportunistically with other classes, including investors.
Dealers may
see themselves as sellers of goods to, and collectors of cash from, customers,
in which case they focus heavily on the company and the product. The huge
advertisements by (or for) the dealers of high-end smart phones or luxury cars
are examples of capturing customers at any cost, literally and figuratively.
Similarly, if the dealers are viewed as buffers to hold inventories and
smoothen sales cycles, they may never raise to the full potential of
discovering and conveying visible and invisible signals from the marketplace to
the manufacturers. On the other hand, if dealers find themselves accountable to
a wider spectrum of market-product-corporate connectivity, the principles of
engagement would be entirely different. The dealerships would then be as
intellectually endowed and as structurally elegant as large organizations tend
to be, making market research organizations in corporations or through
outsourcing redundant. A firm is what it sees itself in terms of its
boundaries; so would be a leader or dealer, in terms of the boundaries and
limits set for oneself.
L D
This blog
post observed in the beginning that the difference between a leader and a
dealer pertains to how the letters ‘l’ and ‘d’ are placed. We have reviewed
above that a leader can bring oneself down to the level of a dealer (as
colloquially understood) and a dealer can elevate himself to the level of a
leader (as intellectually appreciated). By a coincidence, the letters ‘l’ and ‘d’
do matter in the journey of elevation; ‘l’ signifying learning and ‘d’ denoting
development. Learning and development constitute a virtuous interlocked circle.
That learning is required to develop oneself is rather easily understood.
However, that one has to develop oneself to be in a frame of mind to
continuously learn at all stages of life is less easily understood. Learning is
the process of acquiring knowledge and absorbing it. Development is the process
of applying knowledge into sustainable positive behaviours and practices.
Learning makes the individual knowledgeable but development makes one impactful
for his or her ecosystem. Learning requires a focused and targeted mind-set
that is milestone driven but development demands a broader personality outlook
that applies individual learning to team or social betterment.
It is quite
possible, therefore, that people may be eager to learn but quite diffident to
develop. An individual or entity, learning to develop as well as developing to
learn has the greatest potential to develop a leadership bench that is both
large and deep. It is immaterial whether one is a leader or dealer to benefit
from this approach. The key metric for learning and development should be in
terms of the development impact that the learning processes provide and the
incremental learnings that are motivated by the developmental approach. More
than learning, development needs continuous reinforcement from one’s own inner
self as well as from peers and the broader organization. As one ages
biologically, development requires less of knowledge acquisition and more of
wisdom and statesmanship. In a simple, but not necessarily universal,
algorithmic approach, learning peaks through the teens till the early career
while development peaks through the mid-career till the end of the active
career. The greater the biological overlap between learning and development,
the greater would be the natural progression of leadership.
Big data
A revolution
has already begun to sweep the industrial system, with technology recording in
real time, through sophisticated sensors, the performance of various industrial
systems. Giant corporations such as GE are gearing up to the critical
importance of data capture and analytics, for the next wave of digital
industrialization. It is evident that in a similar fashion, human interactions
lend themselves to countless signal interfaces which provide valuable inputs to
the participants in their self-active and interactive processes. Unfortunately,
however, humans seem to be becoming more robotic than robots themselves even as
technology, invented by humans, is enabling robots capable of signal
recognising and signal processing. The emphasis in human interactions tends to
be more in terms of conveying the message rather than absorbing the response at
every relevant stage.
True
learning and development occurs when human minds are receptive and perceptive
enough to apply the principles of big data analytics to human interactions. Big
data as a concept is relevant for leaders or dealers equally. There are very
interesting cases in certain industries (for example, automobiles, food chains
and white goods) where dealers have been very progressive and could share
industry leadership with the end-product manufacturers. There are also
industries in which progressive dealers (for example, electronics,
telecommunications and pharmaceuticals) went on to evolve into end-product
manufacture itself. Essentially, it is not a question of where one originally
chose or was ordained to start the journey but is a matter of how they all
through their journey learnt to develop and developed to learn, in terms of
themselves and others!
Posted by Dr CB Rao on
October 21, 2015
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