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Language: English. About the Book: This book provides some powerful insights into key business matters and leadership aspects for both new and seasoned leaders. The book has presented very useful leadership lessons and tips that, once learned and applied, will empower aspiring leaders and managers. The book has brought diverse business and leadership know-how in a concise form in one place. Sustainable development, basic concepts of finances, macroeconomics, different leadership styles and motivation, operation excellence, creative destruction, and customer care are presented in the book. The book also provides some useful management tools that are powerful and very effective in assisting teams and organizations in their continuous improvement. Once, the know-how presented in the book is learned and applied by young leaders and managers, they will build confidence and be able to build a culture where sustainable-development concepts are embraced, great business results are achieved, and employees are engaged and motivated for shared business vision, mission, and goals. The author takes great pleasure in presenting this book to all those who are motivated to take their leadership to the next level. This book will help accelerate their leadership growth with a quantum leap, allowing them to enjoy their leadership journey. About the Author: Ajay has been a highly successful manufacturing leader in the US for the last 25 years. Currently, Ajay is working for Pratt and Whitney (of Raytheon Technology), a US aerospace company, as General Manager. Ajay's prior experience includes manufacturing site leadership roles in Georgia Pacific, Holcim, and Mississippi Phosphates in building products and chemical industries. Ajay also worked as a Chemical engineer at KRIBHCO , a large fertilizer company in India. Ajay is a registered Professional Engineer (P.E.) and a Certified Safety Professional (CSP). Ajay is a Chemical Engineering graduate of IIT, Roorkee. Ajay also received his M.S. degree in Atmospheric Sciences from North Carolina State University, Raleigh, USA. Ajay possesses an MBA from Loyola University, Baltimore, Maryland, USA. Ajay is an active Rotarian and currently president of a Rotary club in Texas. Introduction -------------------------------- ix, 1. Sustainable Development must be the Way Ahead --------------------------------1, 2. Leadership Thoughts --------------------------------15, 2.1 What Do Leaders and Managers Do? 2.2 Characteristics of Effective Leaders in Business Context 2.3 Are Leaders Born or Made? 2.4 What Can Surely Fail a Business Leadership? 2.5 Some Basic Management Tips You Will Not Learn in MBA Programmes 2.6 Why do Smart People Make Expensive Mistakes? 3. Motivation: Invaluable Tips to Learn and Use --------------------------------45, 4. Learn the Basics of Finances--------------------------------55, 4.1 Return on Equity and Return on Assets 4.2 Economic Value and Enterprise Value 4.3 Decision on Capital Investments 4.4 How Healthy Is a Company Financially? 4.5 Early Symptoms a Company May Fail 4.6 Cash Is All That Matters 5. Learn the Basics of Macroeconomics --------------------------------109, 5.1 Understanding GDP and the Key Factors That Influence It 5.2 Key Indicators of Economy Health 5.3 Exchange Rates 5.4 Market Valuation 5.5 Firm s Market Concentration 6. Strive to Go beyond Operational Excellence for --------------------------------133 Long-Term Survivability 7. Additional Know-How for Manufacturing Leaders --------------------------------139, 8. Take Care of Customers --------------------------------153, 9. Highly Useful Tools for Operations Leaders --------------------------------159, 10. Concluding Remarks --------------------------------185 Book Review --------------------------------187 Index --------------------------------191 The Title 'Leadership Journey: A Practical Guide for Quantum Leap to Your Leadership written/authored/edited by Ajay Kumar,P.E.,MBA', published in the year 2023. T.
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