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Be resilient and live to fight every day, says Rudra Chatterjee; feels black swan events like Covid-19 test leadership

Chatterjee is using this time in lockdown to catch up on some old business school classes.

, ET Bureau|
Last Updated: Jun 02, 2020, 05.40 PM IST
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Agencies
The Luxmi Group MD and OBEETEE chairman makes time to read a little at the end of every day.
The Luxmi Group MD and OBEETEE chairman makes time to read a little at the end of every day.
One of the most important lessons that the pandemic has taught Rudra Chatterjee, Managing Director Luxmi Group and OBEETEE chairman, is the power of resilience. He believes that black-swan events (like the coronavirus pandemic) test leadership.

“In 2008, we thought we saw the worst global crisis and by 2020 everyone was estimating rapid growth. However, all projections fell apart,” he told ET Panache. “Leadership is most relevant when plans fail, when rule books are irrelevant and one needs to struggle, innovate and ultimately hopefully survive. Being resilient and living to fight another day is more important than meeting projections.”
Agencies
One of the most important lessons that the pandemic taught Rudra was the power of resilience.
One of the most important lessons that the pandemic taught Rudra was the power of resilience.

‘Checking out is an ongoing effort’
One way that Chatterjee is staying resilient is by balancing work and family life. The MD begins his day with yoga and meditation with his children, Meghna and Aneesh. He tries to have lunch with this father at 1 pm and makes it a point to shut down after 7 pm. “These times are stressful, every day work brings unexpected challenges but remaining sane and sometimes checking out is an ongoing effort.”

In addition, the MD makes time to read a little at the end of every day. “I just finished reading ‘Identity’ by Francis Fukuyama. Fukuyama is a very insightful thinker and identity has been the driver of global politics throughout this decade. He speaks of Trump, Brexit and why we humans are essentially tribal creatures reverting to familiarity when we feel threatened.”

Chatterjee is also using this time in lockdown to catch up on some old business school classes. “Columbia has made courses available online for alumni and I am attending a couple. I am greatly enjoying a class I attended fifteen years ago - ‘Globalization’ by Joseph Stiglitz and Bruce Greenwald.”

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