Doing the right thing! This seems like a basic principle that most entrepreneur should follow doesn’t it? By now all who have been following this platform and particularly this account will know that one of our favourite things to write is about leadership, and one of our favourite entrepreneurs is Hari Shankar Tibrewala.
Hari Shankar Tibrewala is the entrepreneur to numerous noble ventures, and is regarded to be the brain behind the agro venture in African nations with Plus Group.
According to Hari Shankar Tibrewala, while being a leader and an entrepreneur, you need to do the right thing while doing things right. The former affects satisfaction, and the latter affects productivity and efficiency.
Mr. Tibrewala has observed that when faced with a problem, most novice entrepreneurs look for immediate solutions. Characteristically, they look to actions that generate improvements in a relatively short amount of time. But, this can prove to be very costly down the road. Some entrepreneurs are cutting back on marketing activities to cut costs. At first, the impact on new business may be least, but the longer term impact can be severe. This solves an instant problem but can create much more serious trouble later.
Hari Shankar Tibrewala suggest the beginners saying, “We must make sure that we are not just ‘doing things right,’ but that we are also ‘doing the right things.’ Making strategic decisions without having a tactical, big-picture view can be devastating. I will definitely suggest for a business mentor for good advices and detailed discussions.”