Among others, Wipro has recently won the prestigious 'Risk Management Award,' instituted by the Financial Times-The Banker magazine. What is that which makes this company so successful? "An obsession for excellence," says Azim Premji, Chairman & Managing Director, Wipro Limited.
Excellence endures and sustains. It goes beyond motivation into the realms of inspiration. Excellence can be as strong a uniting force as solid vision.
Excellence does not happen in a vacuum. It needs a collective obsession as I have experienced the benefits of excellence in my own life. Excellence is a great starting point for any new organisation but also an unending journey. What is excellence? It is about going a little beyond what we expect from ourselves. Part of the need for excellence is imposed on us externally by our customers. Our competition keeps us on our toes, especially when it is global in nature.
But the other driver of excellence is internal. I have found that excellence is not so much a battle you fight with others, but a battle you fight with yourself, by constantly raising the bar and stretching yourself and your team. This is the best and the most satisfying and challenging part about excellence.
Azim Premji lists the 8 Steps to Excellence
1) Create an obsession with Excellence
2) Build a collective Self-Confidence
3) Understand the difference between perfection for its own sake and excellence
4) Realise that we cannot be the best in everything we do. Define what we are or would like to be best at and what someone else can do better
5) Create processes that enable excellence
6) Create a culture of teaming
7) Invest in excellence for the future
8) Excellence requires humility
Read Azim Premji's 8 Steps to Excellence
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