📺 Stream EntrepreneurTV for Free 📺

How to Make Leadership Buy into Change For me, the challenge was not two companies coming together but two cultures coming together.

By Jagdish Mitra

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pixabay

In today's fast-moving business environment change is considered as the survival tool for existence. The success of an enterprise is dependent on its leadership and management's ability to adopt change and transition. Mostly efforts to introduce a change in an organisation fail because initiatives don't get enough buy-in from the employees.

Small Changes Making Huge Impact

For legacy businesses or relatively old organizations, the biggest challenge today is to stay relevant and for which the leadership needs to bring in changes in few key areas – technology, people, solutions that they are taking to the customer.

When the leadership is working on the transformation model, it is much easier to incorporate technology or innovating on the solution part. But, the challenge is to work towards changing the workplace culture and people's mindset. And, it is even tougher to make them take the ownership of such changes. As an executive, I had some of my biggest learnings from the changes which happened within the organisation.

My Learnings from Change

While I was setting up up the office in the North America, I realised that we were very small in the larger scheme of things. And, we had to start from the scratch, even though we thought ourselves to be the best. We started things there as if it was a start-up. I would do cold call to the customer and figure out what my marketing strategy would be.

We would set up our own booth at exhibitions and fairs. Given a chance you have to behave like a start-up even in a large company. After I came back from the US, I got involved in a new sort of project, which is basically involved operations and IT together. The learnings were simple, you will never have a product or a service line which is 100 per cent in place. However, it is important to be in front of the customer and win that first deal Try to meet the market and the customer faster but obviously not with a half-baked product.

Thirdly, I got the chance to start a start-up within the company, a joint venture with Motorola, and I had to move out of the office. I realized that creating a start-up is lot more fun and a lot more pain too. You start learning people's issues, the brand issue, people don't want to join the company as they don't recognse you, they think it is better to join the larger brand but they want the flexibility of the younger brand. With all these challenges, you have to keep working, wrap the first deal and make sure that the food is available on the table.

So, learning from this is don't act big when you are not necessarily big. Then we as a company acquired Satyam which is also a big learning in terms of how you bring two large organizations together. In this case, the cultures were different and expections from the employees of the two companies were different. So for me, the challenge was not two companies coming together but two cultures coming together. In such situations, question every thing, challenge every function by showing this is the way to do it.

Essential Changes in a Fairly Large Organization

1 . Fairly large organizations need to have some kind of a structure which brings them reviews, opinions about the new organizations that are challenging the status quo. There should be a defined structure through which such feedback can come in. We are doing it this way but someone else is doing the same thing some the other way. I think the leadership need to have a little bit of paranoia, that if they don't stay ahead of the curve then they might lose out.

2. Moreover, in older organizations you need to have people from newer thinking group in every vertical, not an age-only differentiator but a new thinking person who would not only challenge the status quo but also give a solution in terms of data.

(This article was first published in the August issue of Entrepreneur Magazine. To subscribe, click here)

Jagdish Mitra

Chief Strategy and Marketing Officer – Head Growth Factories, Tech Mahindra

Marketing

4 Things Ecommerce Startups Need to Be Careful About When Running A/B Tests

A/B testing is a powerful tool, but you should be aware of these aspects that people often overlook.

Marketing

10 Ways to Use AI for Hyper-Personalized Marketing

The future of marketing is not just about privacy and personalization. It's predictive, proactive and powered by AI.

Business News

Is It an iPad or a MacBook? Apple Makes It Tough to Tell By Revealing a 13-Inch iPad Pro With 'Outrageously Powerful' M4 Chip for AI

The new iPad keyboard has a function row and larger trackpad "so the entire experience feels just like using a MacBook," said John Ternus, Apple senior vice president of hardware engineering, at Apple's first event of 2024.

Career

Jobs Are Disappearing — These 3 Strategies Are What You Need to Future-Proof Your Career

Adopting tech tools for professional development, combined with boosting soft skills and staying tech-savvy, offers a path to becoming an invaluable asset in a tech-driven future.

Business News

'An Obvious Move': Elon Musk Suggests Warren Buffett Should Make This Investment Move Next

Berkshire Hathaway held its Annual Shareholder meeting over the weekend.

Franchise

Burger King Makes a $300 Million Investment in Modernizing Its Restaurants — See the Updated Look Here

The fast-food giant is set to revamp 1,100 of its U.S. locations, signaling a significant next phase in its ongoing "Reclaim the Flame" initiative.