Kuldip Maity

Many ask me why, at VFS Capital, our efforts are concentrated on growing women entrepreneurs. Over the next few blogs, I will try to respond to their queries. In this blog, I will focus on the professional business environment. There are many reasons for this, and covering them all may not be possible.

Historically, men have taken leadership roles, but this is rapidly changing. In today’s world, leadership has taken on new definitions. The role of women in leadership is becoming more vital.

One of the most compelling reasons for women to lead from the front is the need for diversity in leadership. Women bring different perspectives, life experiences, insights, and approaches to leadership. When women lead, they can address issues that may not be as visible to their male counterparts. This holistic approach to leadership ensures that decisions are more inclusive.

Women are often recognized for their empathy and emotional intelligence—two qualities that are increasingly valued in leadership. Empathy allows leaders to understand the needs and concerns of their team members, fostering a supportive work environment. Emotional intelligence helps in managing interpersonal relationships judiciously and empathetically. In a world where mental health and well-being are becoming more important, leaders who can connect on an emotional level with their teams are invaluable. Women are often naturally attuned to these needs, making them well-suited for leadership roles requiring high emotional intelligence.

Women leaders are known for driving innovation. They often approach problems with fresh perspectives and are not afraid to challenge the status quo. In rapidly evolving industries, such as finance and technology, innovation is key to staying ahead. The unique viewpoints of women can inspire creativity and breakthroughs. Moreover, women are often more collaborative, which fosters an environment where new ideas can flourish.

Women leading from the front serve as powerful role models for other women and girls. Seeing women in leadership can inspire the next generation to pursue their ambitions without feeling limited by gender stereotypes. This representation is crucial in breaking down barriers that historically kept women out of leadership roles. It also helps to normalize the presence of women in leadership, making it less of an exception and more of a norm. By leading from the front, women can demonstrate that leadership is not about gender but capability and vision. This empowerment can have a ripple effect, encouraging more women to step into leadership roles across various sectors.

Leadership styles vary, and a balanced approach often yields the best results. Women tend to bring a collaborative and inclusive leadership style, contrasting with the more traditional, hierarchical approach often associated with male leadership. This balance is essential in today’s complex and interconnected world. Encouraging women leaders can help their organizations to adapt and thrive in a competitive landscape.

On Teachers’ Day, let us take a moment to honour and reflect on the profound impact that teachers have on our lives. While we often think of schoolteachers when discussing educators, the term “teacher” extends far beyond the classroom. In the entrepreneurship journey, teachers come in many forms, including mentors, colleagues, and even customers. They shape our paths, share their wisdom, and ultimately drive our success. As an entrepreneur, I would like to note the impact of various categories of teachers in my life.

School Teachers: The Foundational Educators

School teachers are the most visible and traditional form of educators. They lay the groundwork for our knowledge and skills, guiding us through fundamental concepts and critical thinking.

For entrepreneurs, school teachers often spark an early interest in subjects which can later become the foundation for business ventures. They challenge students to think differently and solve problems. This early exposure to diverse subjects and problem-solving techniques is crucial for entrepreneurs. The skills learned in the classroom—such as analytical thinking, effective communication, and teamwork—are foundational for running a successful business.

Mentors: Guiding Through Experience

Mentors guide us by sharing their experience and expertise. They offer advice, support, and feedback that can be crucial for entrepreneurs navigating the complexities of starting and growing a business.

Mentors often share valuable insights about industry trends, strategic planning, and leadership. Their guidance helps entrepreneurs avoid common pitfalls and make informed decisions. A mentor’s encouragement and constructive criticism can also boost confidence and drive, making them essential contributors to an entrepreneur’s journey.

Colleagues: Learning Through Collaboration

In the professional world, colleagues can also be powerful teachers. They bring diverse skills and perspectives that teach us new approaches and methods. Collaborating with peers provides opportunities to learn from their experiences, understand their problem-solving techniques, and adopt best practices.

Colleagues often become sources of inspiration and knowledge. Whether it’s a teammate sharing expertise on a specific tool or a co-worker offering insights into customer behaviour, these interactions enrich our understanding and enhance our business acumen. Effective collaboration can lead to innovative solutions and improved business strategies.

Customers: The Real-World Educators

One of the most impactful forms of teaching comes from customers. They provide direct feedback through their interactions with your products or services. Their preferences, complaints, and suggestions offer valuable lessons that can shape and refine our business.

Understanding customer feedback is crucial for any business leader. It helps improve products, enhance customer service, and adapt to market demands. Customers teach us about market trends, user experience, and competitive positioning. This real-world education is vital for staying relevant and achieving long-term success.

Family and Friends: The Supportive Educators

Family and friends also play an essential role. They provide emotional support, encouragement, and practical advice. Their feedback can be invaluable, especially during challenging times.

Entrepreneurs often rely on family and friends for different perspectives and moral support. The lessons learned from these personal relationships can be as significant as any formal education.

While I thank all those who may be listed in the above categories, it is also important to mention that nothing beats self-learning. Learning independently and adapting to new information is a valuable skill. Entrepreneurs often need to acquire new knowledge and skills to stay competitive. It requires discipline and a proactive attitude toward learning. Seek resources, such as books, online courses, and industry reports and embrace continuous learning to innovate and lead effectively.