Leaders needs to be mindful and prepared for unexpected challenges or changes. Such leaders will inspire trust. This suits countries too – India for instance!
The prompt response of the frontline medical professionals and pharmaceutical companies, the Indian businesses that quickly adapted to the new normal, and the 1.3 billion people who battled through bravely and emerged successfully – all of them have exhibited exemplary resilience during the pandemic and have inspired Trust from stakeholders at various levels.
This has sent a strong signal to the global investors’ community and there are moves now from several countries who want to adopt the China Plus One Strategy; to shift supply chain to India.
To be credible, one needs to be not only consistent, but also develop an ability to adapt to rapid changes and stay resilient!
by Dr. Deepika Prabhu, ITF