The Maharajah of Air India Ltd has been AIL-ing for years.
Quite like many of the erstwhile princes who had been stripped of their privy
purses in 1971, Air India’s Maharaja has been shrinking into a shadow of his
former glorious self. Many pundits have been predicting his death for years.
The latest predictions came recently when the national carrier couldn’t even
pay salaries to its employees on time. Air India has been a perfect example of
a white elephant maintained with taxpayers’ money to give joy rides to
politicians and bureaucrats and their acolytes.
Let me make a prediction in an entirely different
direction. This terminally ill loser is
going to be born again.
I am no civil aviation expert. On what basis, then, can I
make this prediction?
Well, an interesting news report in the Times of India of
August 27. Entitled, ‘Air India’s new boss turns down Rs 70 lakh club
membership,’ the report by Saurabh Sinha says that Rohit Nandan, the new
chairman and managing director of Air India has decided not to renew his and
his top aide’s membership (about USD 75,000 each annually) of the
“ultra-prestigious” Willingdon Club of Mumbai. Air India’s top guns have nearly
always been members of this club.
Nandan
is doing other crazy things too. On his first visit to Mumbai as the chairman
and managing director of Air India, he chose to stay in a company-owned
guesthouse rather than at a five-star hotel. The report also says that he has
asked his office not to block a business class seat for him when he travels on
business. He would travel in the economy class and move into the business class
only if unsold seats were available.
Nandan is giving up some of the perks of office which his
predecessors enjoyed as a matter of routine. No one would criticise him for
enjoying the perks he is entitled to. But by voluntarily giving up some of
these goodies because of the financial mess the company is in, he is clearly
sending out a new and authentic message of change to several stakeholders. When
he tries to persuade thousands of employees of this emaciated company to make
sacrifices and to work differently, he will have Hazare-like credibility
leading to tremendous persuasive power. If he can match his credibility with
brilliant ideas, the Maharajah is bound to rule the skies again.
Giving up privileges in difficult times is not something
that occurs to many leaders. It was, for example, widely reported in newspapers
that on November 19, 2008 the CEOs of Chrysler, Ford, and General Motors
(Robert L Nardelli, Alan R Mulally, and Rick Wagoner) flew into Washington,
each in his own luxury corporate jet. Their mission was to beg the House
Committee on Financial Services for an additional $25 billion to save their
companies from bankruptcy. The members of the committee were furious although
there was nothing irregular about CEOs of such global companies using corporate
jets rather than commercial airlines. The three auto companies did get money
from the House Committee not because those CEOs were persuasive but because their
bankruptcy would have had serious consequences for American automobile
industry.
Coming back to Air India, if there ever was a chance in
recent years for the Maharajah to be born again, to get back the royal robes,
the time is now. Rohit Nandan is shaping himself into a super persuader. If he
can’t manage the transformation, let’s build a mausoleum for the best loved
Maharajah.
Well said. An excellent illustration of Leadership by Example.
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