“Thinkers50 – 2011 List” - Professor M.S.Rao, Founder of MSR Leadership Consultants India

“If a gathering of crows is a murder, a group of foxes is a skulk and there is also a flight of butterflies, a descent of woodpeckers and many, many more, what should we call a collection of management gurus? And the answer is - An orchard of gurus” – www.thinkers50.com

I have received the mail from Thinkers50. Here is the latest list of Thinkers50 of 2011 as per their present ranking. The brackets indicate previous list's ranking and the (-) is a new entrant.

Top 50 Management Thinkers 2011

Ranking Name

•              1 Clayton Christensen (28)

•              2 W. Chan Kim & Renée Mauborgne (5)

•              3 Vijay Govindarajan (24)

•              4 Jim Collins (17)

•              5 Michael Porter (11)

•              6 Roger Martin (32)

•              7 Marshall Goldsmith (14)

•              8 Marcus Buckingham (25)

•              9 Don Tapscott (39)

•              10 Malcolm Gladwell (2)

•              11 Sylvia Ann Hewlett (-)

•              12 Lynda Gratton (18)

•              13 Nitin Nohria (-)

•              14 Robert Kaplan & David Norton (37)

•              15 Gary Hamel (10)

•              16 Linda Hill (-)

•              17 Seth Godin (-)

•              18 Teresa Amabile (-)

•              19 Rita McGrath (-)

•              20 Richard Rumelt (-)

•              21 Richard D'Aveni (26)

•              22 Jeffrey Pfeffer (-)

•              23 David Ulrich (31)

•              24 Tom Peters (19)

•              25 Rosabeth Moss Kanter (27) 

•              26 Nirmalya Kumar (-)

•              27 Pankaj Ghemawat (-)

•              28 Herminia Ibarra (-)

•              29 Daniel Pink (-)

•              30 Henry Mintzberg (33)

•              31 Costas Markides (47)

•              32 Thomas Friedman (30)

•              33 Tammy Erickson (46)

•              34 John Kotter (41)

•              35 Amy Edmondson (-)

•              36 Kjell Nordström & Jonas Ridderstråle (23)

•              37 Howard Gardner (16)

•              38 Henry Chesbrough (-)

•              39 Daniel Goleman (34)

•              40 Vineet Nayar (-)

•              41 Rakesh Khurana (44)

•              42 Fons Trompenaars (-)

•              43 Ken Robinson (-)

•              44 Andrew Kakabadse (-)

•              45 Stewart Friedman (-)

•              46 Adrian Slywotsky (-)

•              47 Stephen Covey (29)

•              48 Sheena Iyengar (-)

•              49 Umair Haque (-)

•              50 Subir Chowdhury (-)

From this list it is obvious that many management thinkers who are relatively younger in age have joined as management thinkers.  Here is the link to name your favorite management thinker www.thinkers50.com

Professor M.S.Rao

Founder, MSR Leadership Consultants, India

Blog: http://profmsr.blogspot.com

Where Knowledge is Wealth

Email: profmsr7@gmail.com

Dear readers,

I would appreciate your comments about this article.

© 2011 MSR Leadership Consultants India.  All Rights Reserved.

This is an educational blog for free sharing of knowledge, not for commercial use. Please don't cut articles from my blog and redistribute by email or post to the web. The use of this material is free provided copyright is acknowledged and reference or link is made to the Blog http://profmsr.blogspot.com  This material may not be sold, or published in any form, or used in the provision of business services to a third party without permission.

“Make A Difference!” - Professor M.S.Rao

“Try not to be a man of success but rather try to become a man of value.” – Einstein

I compiled an email list of endorsements of few global leadership gurus including their assistants and affiliated institutions to approach them for endorsement for my upcoming book, Sutras for Smart Leadership – Lessons for Leaders.  I sent the requests through emails.  I have received a mail from Celia Tucker who is the Bookshop Manager of Ashridge Library that she had searched from the web to get the email id of the global leadership guru I was looking for but she could not get and informed me the same. I was unhappy to receive a negative response but I was happy that someone (Celia Tucker) who is unknown to me responded promptly with courtesy. These days, people don’t find time to care for the mails of others. However, I found an exception in my life where Celia took pain to respond promptly with courtesy. Subsequently I shot another mail to Celia requesting for email ids of few international publishers as I recognized from Celia’s email signature that she is associated with library.  Celia is kind to provide couple of addresses of global publishers and also advised me to search Google and approach authors directly. Although I know the same procedure I appreciated her positive attitude to take time to respond.

I thanked for her mail, initiative and positive attitude to respond. I also expressed my gratitude as nobody usually takes time to respond. I also asked her if I could help her in anyway as a reciprocal response. She politely declined my offer of assistance. I have decided to write a post on Celia’s kind gesture so that my readers can get inspired from her initiative, positive attitude and a great heart.

People often think that they have to help others only when they are helped by others. If everyone thinks in that way there will be nobody to add value and make a difference in this world. Hence, hereafter, if someone seeks for assistance and if you can extend in whatever the little way then you really made a difference. Mother Teresa rightly remarked, “We ourselves feel that what we are doing is just a drop in an ocean, but the ocean would be less because of that missing drop.”

Professor M.S.Rao

Founder, MSR Leadership Consultants, India

Blog: http://profmsr.blogspot.com

Where Knowledge is Wealth

Email: profmsr7@gmail.com

Dear readers,

I would appreciate your comments about this article.

© 2011 MSR Leadership Consultants India.  All Rights Reserved.

This is an educational blog for free sharing of knowledge, not for commercial use. Please don't cut articles from my blog and redistribute by email or post to the web. The use of this material is free provided copyright is acknowledged and reference or link is made to the Blog http://profmsr.blogspot.com  This material may not be sold, or published in any form, or used in the provision of business services to a third party without permission.

“Insider Trading – A White Collar Crime” - Professor M.S.Rao

“A life spent in simplicity and humility is far better than the life spent with fame and shame.” – Professor M.S.Rao

Rajat Gupta’s involvement in insider trading cost his career and his image. He is the former chairman of Indian School of Business (ISB), Hyderabad.   It is indicted that Rajat tipped Raj Rajaratnam, the boss of Galleon Group and the latter benefitted out of insider trading. Rajat is the product of IIT Delhi and Harvard Business School.  The high flyer is under scanner currently.

What is Insider Trading?

Insider trading is a white collar crime. It is about trading of stock done on the basis of internal information which is not available to general public.  It is breach of security, violation of oath of office and secrecy because the information is leaked before it is made in public. Usually such information is known and accessible to top people within the company.  According to Wikipedia, Insider trading is the trading of a corporation's stock or other securities (e.g. bonds or stock options) by individuals with potential access to non-public information about the company.

Insider trading helps the traders enter and exit the security at the right time either to make money or prevent from losing money. In this process, it is the ordinary investors who lose money as they get information after the stock gets heated up.  By then the top players sell out their stocks and play safe.  It is only the ordinary investors who burn their fingers as they buy the stock at the peak and subsequently lose as the scrip falls.

Leaders at the top must learn lesson from Rajat’s fall from grace.  They must learn the fact that it is tough to climb the ladder of success and easy to have free fall from the top.  When leaders emphasize more on ends than means they end up in a great fiasco. Don’t get tempted by short term gains as it proves to be costly at the end leaving you in the lurch forever.  Emphasize more on means than ends to ensure longevity.  A life spent in simplicity and humility is far better than the life spent with fame initially and falling from grace finally.

Professor M.S.Rao

Founder, MSR Leadership Consultants, India

Blog: http://profmsr.blogspot.com

Where Knowledge is Wealth

Email: profmsr7@gmail.com

Dear readers,

I would appreciate your comments about this article.

© 2011 MSR Leadership Consultants India.  All Rights Reserved.

This is an educational blog for free sharing of knowledge, not for commercial use. Please don't cut articles from my blog and redistribute by email or post to the web. The use of this material is free provided copyright is acknowledged and reference or link is made to the Blog http://profmsr.blogspot.com  This material may not be sold, or published in any form, or used in the provision of business services to a third party without permission.