Anilbhai Manibhai Naik
chairman and managing director of Larsen&Toubro talk about his philosophies, motivations and proudest moments. Motivating
Ruminations On Power
What does power mean to you?
Power for me is the ability to empower, which creates a culture wherein every employee feels empowered and performs to their best ability
What according to you is the 'promoter dharma'?
Multiplying shareholder value.
Is there a one-line philosophy that drives you?
Devotion with passion and conviction can make an ordinary man achieve extraordinary targets.
You motivate others; what keeps you motivated?
My work and commitment to L&T and to the nation.
A fact of life that you wish you knew at the beginning of your career...
Work-life balance is very important. If I could relive my life; I would spend relatively more time with my family — because that is something I feel I've missed. But then, L&T is also my family.
Is there anything about the Indian corporate mindset that you would like to see change?
The mindset in India continues to remain focused on Indian benchmarks. I would like to see Indian corporates become not only as good, but even better than the best in the world.
One defining bet you made that paid off in your life?
The decision to leave my high-paying first job (where human dignity was lacking), and opt for L&T at a much lower salary. It gives me tremendous satisfaction to work for a company that serves the nation.
What battles do you like to lose?
When my colleague, especially a junior, does better than me, I feel happy losing to him/her. I believe they will be subjected to more difficult and challenging assignments in the future.
What has been the proudest moment of your career?
Restructuring the company in 2003; demerging the cement business and setting up the L&T Employees Welfare Foundation — all of which resulted in a stronger L&T and preserved its unique character.
Is there any part of the job description you don't particularly enjoy?
In order to serve the larger interest of the stakeholders, at times you have to close or sell businesses; it is not enjoyable.
Who has been the biggest influence in your life?
My father — it is from him that I imbibed the values of service, dedication to a cause, and the courage to forge ahead in pursuit of my goals.
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