The Telegraph
Sunday , November 25 , 2012
Since 1st March, 1999
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Of leadership, values & ethics

Jamshedpur, Nov. 24: Chairman elect of the US-based Board of Catholic Health Initiative Chris Lowney stressed on the three principles of leadership — focus on purpose than self, self awareness and loving those whom they lead — while delivering the 21st JRD Tata Oration on business ethics at XLRI this evening.

Speaking on “Heroic leaders: who they are and how they live”, the former Jesuit seminarian who also served as managing director of JP Morgan, cited instances from the lives of Ignatius of Loyola, Jamshedji Tata and JRD Tata and spoke of his own experience to stress that one can give a unique, principled and workable model of leadership by following the three values.

“Great leadership is focused on purpose greater than self, it is heroic. Be it JP Morgan, the Jesuits or the Tata Group, organisations only succeed when individuals see themselves as participation in a mission greater than themselves and willingly invest some of their energy, talent, intellect, creativity and ego in purpose greater than self,” said Lowney.

Conceding that in business there was need for ambition and self-interest, he added: “We need some individuals to keep self-interest in proportion, individuals who are willing to struggle for purpose greater than self.”

Talking about young rising stars in the corporate world and other spheres who burn out despite possessing technical skills, smartness, ambition and training, Lowney attributed it to lack of self awareness.

Delving on the third principle, he again quoted from founders of the Jesuit order: “Love ought to manifest itself in deeds, not in words.”

Earlier, around 200 old students made their way from various parts of the globe to attend the two-day annual Homecoming in XLRI today.

Later, chairman of Tata International Limited and vice-chairman of Tata Steel B. Muthuraman was conferred the lifetime achievement award as part of the alumni award ceremony. Vice president, technology and economic development and professor of business administration, University of Illinois at Urbana-Champaign Avijit Ghosh received the distinguished alumnus awards for academics. CEO of Reckit Benckiser Rakesh Kapoor was adjudged for distinguished alumnus award (practising manager) but could not attend the function.

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