Singaporean multinational banking and financial services corporation DBS Bank’s Chief Executive Officer (CEO) Piyush Gupta shares his philosophy on work and leadership in an episode of CNA’s podcast series “The Leader’s Chair.”
In the podcast, Gupta shared the importance of the responsibility of a leader and taking accountability.
He shared that whenever there is an external problem or a problem within the company, it is his responsibility as the CEO of the bank to “fix it.”
“When people are looking for what it takes to be a leader, I tell them individual accountability is the first thing I look for,” Gupta shared advising the younger generation.
However, he also mentioned the challenge between employees taking accountability and providing “air cover” as a leader to one’s team – which refers to the leader safeguarding the team from possible external pressure and negative consequences, whilst supporting the team to manage such adversity.
He noted that “blame culture” is rampant among companies, which could lead to negative outcomes as “it makes people fearful.”
As such, when asked about the imposition of work being part of one’s personal life, Gupta agreed that with the time you’ve spent on work with your friends, colleagues, impact, growth, and income – “How would you divorce from that life?” he said.
Expounding that there is no such thing as work-life balance, stating it’s “all baloney.”
“It’s not because [I] want people to work all the time,” he said. “It’s just that I believe that work is a part of life.”
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