CRISIL Limited is a leading, agile and innovative global analytics company driven by its mission to make markets function better.
CRISIL Limited provides an excellent opportunity for all CRISIL employees to contribute ideas and became part of the strategic planning process and shape the future of the company. It stems from a desire to encourage co-creation, innovation, and entrepreneurial thinking. It provides an excellent platform for CRISIL-ites to showcase their ideas.
I am glad to share that they have selected my idea as one of the top 4 ideas for execution with the required funding. Thanks to the CRISIL management team for the recognition and prize. Looking forward to developing MVP in the coming days..
Leadership and thought leadership are two distinct concepts that often get conflated. While both are important, they serve different purposes and have different strengths. Which one is more valuable in today’s business world, particularly when you are hiring.
Leadership refers to the ability to guide, inspire, and motivate a group of people towards a common goal. Leaders set the vision, direction, and strategy for their organization, as well as making decisions and taking actions that move them towards their goals. They also need to be good at communicating, delegating, and empowering their team members, so that everyone can work together effectively.
On the other hand, thought leadership is a strategy that focuses on establishing an individual or organization as an expert in a particular field. This is achieved by creating and sharing insightful, authentic, and valuable content that showcases their knowledge, expertise, and perspective on a topic. Thought leaders aim to influence and shape the way people think, feel, and act by offering unique insights, perspectives, and solutions to problems.
While leadership and thought leadership share some common traits, such as vision, communication, and influence, they are not interchangeable concepts. Leadership is about leading people towards a common goal, while thought leadership is about shaping ideas, perspectives, and beliefs. Leaders need to be effective communicators and motivators, while thought leaders need to be insightful, innovative, and influential.
So, which one is more valuable in today’s business world, particularly when you are hiring at a leadership position?
While leadership is critical for achieving organizational goals and driving performance, thought leadership is becoming increasingly important in a world where ideas and innovation are key drivers of success.
Here are some reasons:
- Thought leadership builds credibility and trust:
In today’s digital age, consumers are bombarded with information and options, making it harder for them to make informed decisions. Thought leaders who can offer valuable insights, ideas, and solutions to problems can help cut through the noise and establish trust with their audience. By consistently sharing their knowledge and expertise, thought leaders can build credibility and authority in their field, which can lead to more opportunities for collaboration, influence, and growth.
- Thought leadership creates differentiation:
In a crowded market, businesses need to find ways to stand out and differentiate themselves from their competitors. Thought leadership is an effective way to do this by showcasing a unique perspective, approach, or solution to a problem. By offering something that no one else is, businesses can establish a competitive advantage and attract customers who are looking for new and innovative ideas.
- Thought leadership drives innovation:
Innovation is key to staying competitive in today’s fast-paced business world. Thought leaders who are constantly pushing the boundaries of their field, challenging assumptions, and exploring new ideas can inspire others to do the same. By promoting a culture of innovation, thought leaders can help their organization stay ahead of the curve and adapt to changing market conditions.
In a nutshell, I feel that both leadership and thought leadership are essential in today’s business world while hiring. While leadership is critical for achieving organizational goals and driving performance, thought leadership is becoming increasingly important for establishing credibility, differentiation, and innovation. The most successful businesses and individuals are those who can balance both and leverage their unique strengths to achieve their goals.
✨I am happy to share that I have launched a website for my book – Supercharge your project management skills. The website link is the same as my book name, i.e. www.superchargeyourprojectmanagementskills.com.
I will continue to post blogs on the link and new learnings over there. It also has a link to purchase my books on Amazon India, US, UK & Kindle.
Thank you for your support. The book has received over 2 dozen reviews averaging 4.9 ⭐.
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Winning an award 🎖️ is always a special moment and makes us feel good, whether it’s volunteering or professional work. And particularly when it comes to Project Management Institute, its mixed feeling of self-satisfaction and even pride ✨.
I express my heartfelt delight to receive the “Volunteer of the Year” award 🥇instituted by PMI Mumbai Chapter. It is nothing less than an incredible honor & organic recognition, and I must admit, it took me aback. I am truly humbled and honored 🙏.
This recognition is more special because this is the second consecutive year in a row when I received the “Volunteer of the Year – 2022-2023” award, apart from receiving “Volunteer of the Quarter – Q3” in the last December quarter. Total 3️⃣ recognition in THE past 1 year 😇, surprising even myself.
Thank you, PMI Mumbai Chapter Board and committee members, for the same. And yes, it was impossible without the support of an army of selfless Mumbai chapter volunteers.
✅ I would also like to thank my family, from whom I have stolen family time for the volunteering activity.
Thank you ALL once again 🙏 for this incredible honor.
📢It was my pleasure to deliver a talk at Veermata Jijabai Technological Institute (VJTI)‘s Profiesta event over the weekend, which is the Annual Technical Festival Organized By Project Management Students of VJTI.
My topic for the session was ‘Adaptability of PM in changing business environments’. M.Tech Students enthusiastically attended it, and was well-received. I am always amazed by the curiosity and energy of young minds.
VJTI, as Mumbaikars know, is the most reputed and prestigious engineering college in Mumbai after IITB. Thanks to Sanjay Bhuyan and the professors for the invitation.
After my session, a session by Jason Cabral and Christopher Eitel, P.E. from Burns & McDonnell India was also conducted.
With this session, I have delivered public talks at all the topmost colleges in Mumbai (IIT-B/SJMSOM, NITIE, and VJTI), apart from several prestigious engineering and B-colleges.
More pics – https://www.linkedin.com/posts/biren-parekh_projectmanagement-leaders-event-activity-7058997338446397441-TKjp?utm_source=share&utm_medium=member_desktop
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