Last Tuesday US Trade Representative’s office announced its’s intent to remove India from Generalised System of Preference (GSP) and served a 60 days’ notice to India.
Businesses are living organisms given life by the team that tirelessly works towards a goal. With creative people being at the helm of such a venture, new changes in ideas, choices, and actions are given shape each day. This makes each business enterprise as complex as a life: growing, changing, learning and prospering. This characteristic also makes businesses unpredictable. Therefore, success in business always depends on the mutual efforts of the team behind the business, and a leader’s capability to understand his/her teammates.
In such a scenario, a leader is often torn between the ideologies of pushing the team to do more and inspiring the team to excel.