Leadership in News
Autor: Pooja Narayana • January 28, 2016 • Term Paper • 520 Words (3 Pages) • 674 Views
Leadership in News
Leadership That Gets Results:
What do effective leaders do?
Set strategy, motivate, create mission, and build a culture
Coercive Leaders demand immediate compliance needs to be used cautiously
Do what I tell
In a crisis, to kick start a turnaround or with problem employees
Authoritative leader mobilizes people towards a vision
Come with me
Change in direction
Opportunity to change people’s way of thinking
Maximizes commitment to organization’s goals and strategy
What leaders really do?
The idea of getting people moving in the same direction appears to be an organizational problem. But what executives need to do is not organize people but align them.
BBC News India in a conversation with Mr. Ajay Singh, Founder and Managing Director - SpiceJet Ltd.
Poonam Taneja
Consumer confidence
Reasonable fairs- 20% fall in prices due to low oil price
Market hope
Bringing down the cost- procurement of planes, engineering, oil, airport costs.
Large potential in the market
Expand to the small T2-T3 cities/towns
Aviation tax –government help
For the quarter ended June this year, the airline has posted a net profit of Rs 78 crore, its highest ever, owing to lower fuel prices, improved fleet utilisation and renegotiation of contracts. For the year-ago period, it had reported a loss of Rs 124 crore. http://www.business-standard.com/article/companies/ajay-singh-steers-spicejet-towards-record-q1-profit-of-rs-72-cr-115072801319_1.html
The profit was aided by a drop in aviation turbine fuel prices.
“We have tweaked schedules and reduced aircraft ground time, improving fleet utilisation,” Kapoor said.
In a wet-lease deal, a lessor also provides pilots and crew to the lessee.
"We were at a phase where the airline was actually shut down... The focus is now on getting back consumer confidence and we will work on that for a few more months," Singh told reporters here.
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Under the revival plan, Singh was to invest Rs 1,500 crore in the carrier.
"We are looking at expanding the fleet," said Singh, who is now chairman and managing director.
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Singh said the priority is to "refocus on core values" such as on-time performance and safety.
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