Most Admired Leader to Watch in 2024 (2)

1. Most Admired Leader To Watch in-2024 The way of business solutions www.insightssuccess.com VOL-07 ISSUE-23 2024 Angad Bedi Managing Director BCD Group Bedi Leading the Path to Reinvention and Global Expansion

3. Leadership is not about titles, positions, or owcharts. It is about one life inuencing another. J O H N C . M A X W E L L

5. The Invisible Leader: Power in Subtlety In a world where leaders often bask in the limelight, there exists a powerful yet understated approach to leadership: leading from the shadows. An ideal leader, as ancient wisdom suggests, is one whose presence is hardly felt, yet whose impact is profound. Laozi, a renowned Chinese philosopher, summarized this in his teaching: "A leader is best when people barely know he exists; when his work is done, his aim fulfilled, they will say: we did it ourselves." Such leaders prioritize empowering their teams over personal accolades. By nurturing a culture of trust, autonomy, and accountability, they create environments where individuals feel capable and motivated to achieve collective goals. These leaders provide the vision and resources, then step back, allowing their team to take ownership and drive results. This approach not only cultivates a sense of accomplishment and ownership among team members but also builds a strong, self-sufficient organization. Employees feel valued and trusted, which boosts morale and productivity. Moreover, when the team collectively solves problems and reaches milestones, the victory is shared, reinforcing unity and collaboration. In spirit, the invisible leader's legacy is a thriving, empowered team. Their success is measured not by personal glory but by the enduring strength and independence of those they lead. In its latest edition, “Most Admired Leader to Watch in 2024,”Insights Success showcases Angad Bedi, a visionary leader who is driving innovation and directing the future of the modern industry with his exceptional leadership traits. As you flip through the pages of this edition, you'll encounter a tale of resilience, determination, and boldness in the face of adversity. You'll learn how this leader overcame challenges, seized opportunities, and ultimately transformed their organizations and industries for the better. So, dive in and let yourself be inspired by the story of this remarkable leader who is making waves in the world of business. His journey, his vow to superiority, and his passion for novelty are sure to leave a lasting impression. Have a good read ahead!

6. Editor-in-Chief Merry D'Souza Managing Editor Preston Bannister Executive Editor Eva Miller Visualizer Michael Warner Art & Design Head Donna Claus Co-designer Yasmin Nasser Business Development Manager Sherin Rodricks Marketing Manager Jenny Jordan Business Development Executives Reem Almasoud, Sheldon Miller Digital Marketing Manager Isabel Barnes Technical Head Phil Simon Research Analyst Helena Smith Circulation Manager Finn Wilson sales@insightssuccess.com July, 2024 Corporate Ofce Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-859-2600 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com www.twitter.com/insightssuccess Follow us on : www.facebook.com/insightssuccess/ We are also available on : RNI No.: MAHENG/2018/75953 Copyright © 2024 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success. Reprint rights remain solely with Insights Success.

7. Two roads diverged in a wood, and I—I took the one less traveled by, And that has made all the difference. - Robert Frost

8. Cover Story Bedi Leading the Path to Reinvention and Global Expansion Angad has also overseen the transfiguration of business models, brand- building strategies, workflows, and other crucial business procedures to keep up with the changing times.

9. Angad Bedi Managing Director BCD Group

10. he real estate and construction landscape thrives on constant reinvention driven by innovation. New T technologies like 3D printing and sustainable materials are revolutionizing how we design, build and manage structures. This principle of innovation is exemplified by BCD Group—a company that has adapted to the advancing industry landscape by setting new In his capacity as a benchmarks in quality and service delivery. leader, Angad advises his employees to take BCD Group stands as one of India's largest and oldest advantage of digital construction conglomerates, with a robust portfolio that tools while staying open includes over 8,000 homes and 9 million square feet to creative ideas. currently under construction. The company has also made significant strides in managing stressed assets, with Rs 700 crores in India's largest stressed assets fund and Rs 500 crores deployed across various asset classes. Angad's tenure is characterized by a blend of innovative thinking, strategic decision-making and a strong A cornerstone of BCD Group's success is its pioneering commitment to both customer satisfaction and efforts in senior living, marked by the launch of the first sustainability. rental accommodation for the elderly. This initiative provides a holistic lifestyle enriched with amenities, care Building Tomorrow and community experiences, underscoring the company's commitment to innovative and inclusive housing solutions. Angad has been with BCD for 17 years, leading and directing the organization's growth. BCD is the only At the helm of this progressive entity is Angad Bedi, the company offering a comprehensive range of construction, Managing Director of BCD Group. Under his leadership, developments, funds, and co-living under one roof, the company has achieved remarkable milestones, including delivering these services across leading real estate markets a notable 30% increase in revenue over the past two years. globally. They also maintain a strong presence in India's Bedi's ability to make swift, strategic decisions has been emerging Tier-II markets. instrumental in navigating the complexities of the real estate sector and driving the company's growth. Angad has played an active role in transforming a 70-year- old construction company into a global conglomerate in real One of Bedi's significant achievements is the successful estate. He has led the group to expand its footprint from a completion of the Vanaprastha project—BCD Group's first few lacs to more than 60 million square feet throughout senior rental living model. This project exemplifies his India and abroad. Currently, BCD has over 20 million vision and dedication, marking a significant milestone for square feet of construction projects under execution and in both the company and the industry at large. Bedi's the pipeline. leadership philosophy centers on customer-centricity and motivating his team to deliver exceptional service, which Presently, BCD operates in seven Indian states and other has resulted in a committed and satisfied workforce. countries such as the UAE, Mauritius, Nepal, Iraq, Africa, and Singapore. "We are proud to deliver key offerings Sustainability is also a key priority for Bedi and BCD across leading real estate markets globally," says Angad, Group. The company has embraced numerous green reflecting the company's dedication to excellence and initiatives aimed at reducing its carbon footprint and growth. promoting sustainable practices within the industry. This forward-thinking approach addresses the environmental A Modern, Insights-driven Approach challenges faced by the construction sector while positioning BCD Group as a leader in sustainable Over a period of time, BCD’s services have been development. professionalized as Angad and his team sought to transform

13. the organization from a promoter-driven entity to one with a Nurturing Societal Well-being and Economic Growth healthy professional culture. Embracing a profound sense of responsibility, BCD Angad has also overseen the transfiguration of business prioritizes impactful Corporate Social Responsibility (CSR) models, brand-building strategies, workflows, and other initiatives, demonstrating a commitment to societal well- crucial business procedures to keep up with the changing being. During the COVID-19 pandemic, BCD ensured times. "We established a robust digital platform based on stability for 5000 workers and families, providing insights-driven decision-making," says Angad, emphasizing unwavering support during challenging times. the company's modern approach to growth and efficiency. Over the past two years, BCD's CSR efforts have extended Overcoming Adversity to creating employment opportunities for over 500 individuals, fostering economic growth and community While challenges and continuous learning are parts and prosperity. Beyond housing solutions, the group has parcels of entrepreneurship, one specific challenge taught delivered 5000 apartments to homebuyers in distress and Angad a lot of lessons. BCD took on a large township from tailored Special Economic Zones (SEZs) for Fortune 500 a developer which was also a stalled project. This million- companies. These initiatives not only enhance BCD's sq-ft development was part of a proposed larger business portfolio but also contribute significantly to the development totaling five million sq ft. broader economic landscape. As an entrepreneur, Angad saw an opportunity to give the BCD's commitment to responsible business practices project new life. But, the real challenge was overcoming the includes addressing the needs of the elderly and revitalizing negative reputation and customer frustration caused by the the real estate sector. Through these efforts, BCD leaves a lasting impact on both the industry and society, previous developer's failure. This challenge also gave BCD exemplifying its dedication to making a positive difference. a valuable lesson on how a clear vision and a strong resolve can transform perspective. They finally revive the development and deliver the final product, thus converting Strategy for Thriving in Competitive Markets those same customers into goodwill ambassadors of BCD. Healthy competition facilitates business growth and Embracing Digital Transformation innovation for thriving markets. The real estate sector is characterized by a competitive nature. While the In his capacity as a leader, Angad advises his employees to competition is intense, it also presents numerous lucrative take advantage of digital tools while staying open to opportunities for BCD to grow as an organization. creative ideas. BCD relies solely on technology for making informed, data-driven decisions. The insights they gain help As a future-ready organization, BCD leverages advanced them think objectively and more creatively so that they can technology and recruits top talent to stay ahead of the meet the actual demands of the market. This approach is curve. Additionally, BCD has a positive investment crucial given the dynamic nature of the market. Luckily, ecosystem at its disposal. They use these elements to BCD has been actively innovating to reinvent itself. upgrade their services and offerings, embracing a customer- centric approach. For example, one of their innovations is pioneering concepts of redefining education and offering quality student housing through Educity. BCD has also leveraged its expertise and experience in real estate service offerings. During the COVID-19 With BCD Vanaprastha, they developed India’s first and pandemic, BCD ensured only rental accommodation for seniors. The group has stability for 5000 successfully created an extensive network across four workers and families, countries and partnered with a German company to providing unwavering revolutionize the Indian construction industry. support during challenging times.

14. Commitment to Compassionate Leadership For any business to flourish, it is important to lead from the heart as well as the mind. This leadership principle drives Angad and helps him create an environment filled with respect for each other, compassion and empathy. All BCD employees, stakeholders and workers live by these principles, making the organization unique. "This not only makes me proud and motivated but also helps everyone work in perfect harmony and deliver excellence in everything we do," says Angad. BCD communicates, channelizes, motivates, and trains its people, enhancing productivity and efficiency. Finding Equilibrium Considering the kind of job Angad is involved in and the nature of his business, it is difficult for him to strike a balance between work, travel obligations and family. However, he makes sure that he does justice to every aspect of his life, be it his work or his family commitments. In this way, he is able to give each its due. To keep himself composed and focused, Angad plays golf once every week. He also pursues horse riding whenever his diary permits. His world revolves around his wife and kids; he prefers spending quality time with them on weekends.

15. guts to leave a stable position and start or lead something independently. This decision takes a lot of accountability and the strong will to boldly deal with the uncertainties of entrepreneurship. Angad believes that this confidence arises from a deep understanding of industry dynamics, strategic thinking and Transitioning from expertise in crisis management. Leaders possess strategic leadership roles in thinking abilities not just for their personal growth but for established the entire organization. They are always open to adapting to organizations to new ideas, which makes them great leaders. They becoming entrepreneur consistently inspire and motivate people to achieve requires a massive risk common goals. This combination of skills and experience appetite and the ability prepares them to lead high-growth ventures. to hustle 24/7. Transitioning from leadership roles in established organizations to becoming entrepreneur requires a massive risk appetite and the ability to hustle 24/7. Unlike Pioneering Growth established organizations, there is no predefined framework for anything. The buck stops with the leader, requiring Angad envisions a diversified future for BCD, aiming to constant availability to provide direction. expand into various industries. "We are extremely bullish on the funds that we are floating, and I think it will create a Turning Obstacles into Opportunities strong roadmap for the future," he asserts. Over the next decade, Angad sees BCD as a leading real estate company Stereotypes and barriers can be scary for potential leaders. in India and a prominent player overseas. Looking ahead, However, it is natural to feel apprehensive as one steps Angad aims to fully tap into the potential of the senior outside their comfort zone. Angad's crucial advice to them living segment, enhancing offerings with highly is to have faith in themselves. personalized healthcare and community services. Instead of letting stereotypes or barriers limit one’s Furthermore, BCD plans substantial investments, including capabilities, individuals must have faith that they will do approximately Rs 200 crore in projects in Chennai and justice to their role. "You can achieve a lot only if you let go Delhi NCR. They recently launched the largest SEBI- of this fear," he emphasizes. “We are all here to fall, make regulated real estate Alternative Investment Fund (AIF) mistakes and learn from those. Therefore, it is essential to worth over INR 500 crores, aimed at revitalizing distressed make mistakes as well, as these missteps will help you real estate projects. This initiative not only provides crucial identify your unique strengths – your perspective, resilience funding but also facilitates resolutions for stalled and the value you bring,” he adds. developments. These very qualities have propelled individuals to this Highlighting BCD's ambitious growth trajectory, Angad point, so hold onto them. “As young leaders, you should mentions a pipeline of projects valued close to Rs 1000 treat obstacles and problems as opportunities to make your crores. These investments underscore BCD’s commitment organization and businesses more successful.” and financial robustness in shaping the future of real estate development. Risk, Resilience and Leadership Angad believes leaders, even those new to their field, bring a wealth of experience and vision when they venture into entrepreneurial endeavors. Their track record of success often propels them to take this bold step. It requires a lot of

17. How do Modern Leaders Turn Challenges into Opportunities? he modern business landscape as a chance to innovate and improve. Technological advancements often is a constant whirlwind of By fostering a culture that welcomes drive disruption, and savvy leaders T change. In the rapidly evolving change and encourages leverage these technologies to gain a landscape of the modern world, experimentation, leaders ensure their competitive edge. They invest in disruption has become a constant. organizations remain agile and digital transformation, adopting new Rather than viewing these disruptions resilient. tools and platforms that enhance as threats, forward-thinking leaders efficiency and open up new business recognize them as opportunities for Sharpen Your Foresight opportunities. By staying ahead of growth, innovation, and technological trends, leaders turn transformation. New technologies Leaders need to be vigilant about potential threats into pathways for emerge, consumer preferences shift, scanning the horizon for emerging advancement. and unforeseen events can rock even trends and potential disruptions. This the most established industries. might involve attending industry Cultivating a Culture of Adaptability conferences, subscribing to relevant In this environment, the ability to publications, or even forming an Organizations led by adaptable leaders navigate disruption is no longer a internal "disruption task force" are better positioned to navigate luxury, it's a necessity. But for forward- dedicated to staying ahead of the disruption. These leaders cultivate a thinking leaders, disruption isn't just a curve. culture of adaptability by encouraging threat – it's a potential springboard for flexibility and resilience among their growth and innovation. teams. They promote continuous Agility is Key learning and development, ensuring So how do modern leaders turn that employees are equipped with the Modern organizations need to be challenges into opportunities? Here are skills needed to thrive in a constantly nimble and adaptable. Bureaucratic some key strategies: changing environment. structures and rigid processes can hinder the ability to respond effectively Embracing Change with a Growth Embrace Diversity to change. Leaders should empower Mindset their teams to make decisions quickly and iterate on strategies as needed. A diverse workforce brings a wider The first step is fostering a culture that range of perspectives and experiences welcomes change. Leaders who view Leveraging Technology for Fueling to the table. Leaders who foster an disruption as an opportunity to learn Innovation inclusive environment will benefit and adapt will be better positioned to from a richer pool of ideas and a more capitalize on new trends. Encourage Disruption often creates space for new adaptable team when facing disruption. employees to experiment, take ideas and solutions. Leaders should calculated risks, and see failures as encourage a culture of creativity and Communicate Effectively valuable learning experiences. innovation. This could involve implementing brainstorming sessions, Change can be unsettling. Leaders Modern leaders adopt a growth establishing innovation labs, or need to communicate clearly and mindset, viewing challenges as providing resources for employee- transparently with employees opportunities to learn and grow. They driven projects. throughout the disruption process. encourage their teams to see disruption Explain the rationale behind decisions,

18. address concerns openly, and celebrate stakeholders. They view disruptions as successes along the way. opportunities to enhance their commitment to ethical practices, Strategic Risk-Taking environmental stewardship, and community engagement. Successful leaders are not afraid to take calculated risks. They understand The Only Constant of Change is the that with great disruption comes the Road Ahead potential for significant rewards. By making informed decisions based on By embracing these strategies, modern thorough market analysis and insights, leaders can transform disruption from a they strategically position their threat into a catalyst for growth. The organizations to capitalize on new ability to navigate change effectively opportunities that arise from disruptive will be a key differentiator in today's forces. ever-evolving business landscape. Accepting disruption requires a Building Strong Networks and proactive, innovative, and resilient Partnerships approach to leadership. In times of disruption, strong networks By fostering a growth mindset, and partnerships are invaluable. leveraging technology, cultivating Modern leaders actively seek out adaptability, taking strategic risks, collaborations with other businesses, building strong networks, focusing on industry experts, and innovators. These customer needs, and prioritizing partnerships enable them to share sustainability, modern leaders turn knowledge, resources, and strategies, challenges into opportunities. This creating a more robust approach to approach not only ensures their tackling challenges and seizing new organizations' survival in turbulent opportunities. times but also positions them for long- term success and impact. Focusing on Customer Needs Customer needs and preferences often shift rapidly in the face of disruption. Modern leaders stay attuned to these changes, using customer feedback and data analytics to guide their strategies. By focusing on delivering value and adapting to meet evolving customer demands, they ensure their organizations remain relevant and competitive. Prioritizing Sustainability and Social Responsibility In the contemporary business landscape, sustainability and social responsibility are crucial. Leaders who prioritize these aspects build trust and loyalty among consumers and

19. , , , , The Internet is becoming the town square for the global village of tomorrow. - Bill Gates

20. EMERGING TRENDS AND BEST PRACTICES Exploring The Future of Business Leadership he landscape of business consumer behavior. Leaders must be cultural sensitivity, adaptability, and leadership is constantly agile and proactive, capable of the ability to bridge cultural gaps will T evolving, and as we look to the identifying emerging trends and shifts be well-positioned to lead future, it is essential to examine the in the competitive landscape. The multinational organizations and emerging trends and dynamics that will ability to anticipate market changes navigate the complexities of a shape the way leaders navigate their and act swiftly will be crucial for globalized world. organizations. The future of business staying relevant and maintaining a leadership holds both exciting competitive edge. Future leaders will Purpose-driven Leadership: possibilities and unique challenges, need to foster a culture of continuous requiring leaders to adapt and embrace learning and encourage their teams to In the future, successful leaders will be new approaches. In this article, we will embrace change, take calculated risks, those who can inspire and unite their delve deeper into key areas that will and think outside the box. teams around a shared purpose. define the future of business leadership Millennial and Gen Z employees, in and explore strategies for success in an Cultivating Emotional Intelligence: particular, seek meaning and purpose ever-changing world. in their work. Leaders who can In an era of automation and digital articulate a compelling vision, align it Embracing Digital Transformation: connectivity, leaders will need to place with the organization's values, and an increased emphasis on emotional foster a sense of purpose among In the coming years, digital intelligence. Understanding and employees will attract and retain top transformation will continue to effectively managing emotions, both talent. Purpose-driven leaders prioritize revolutionize industries across the their own and those of their teams, will social responsibility, sustainability, and globe. Business leaders must recognize be essential for building strong ethical practices, ensuring that their the potential of emerging technologies relationships, fostering collaboration, organizations make a positive impact such as artificial intelligence, and inspiring employee engagement. on society while achieving business blockchain, and the Internet of Things. Leaders who can empathize, goals. They need to foster a culture of communicate effectively, and motivate innovation and digital literacy within their teams will be better equipped to Embracing Future their organizations, enabling them to navigate complex challenges and drive leverage these technologies to drive organizational success. The future of business leadership will efficiency, enhance customer require a combination of adaptability, experiences, and uncover new business Global Mindset and Cultural technological acumen, emotional opportunities. Effective leaders will Intelligence: intelligence, cultural awareness, and a have a deep understanding of strong sense of purpose. Leaders who technology trends, stay informed about The future of business leadership will embrace these qualities and strategies disruptive innovations, and proactively be marked by increasing globalization will be well-prepared to navigate the adapt their strategies to stay ahead of and interconnectedness. Leaders must challenges and seize the opportunities the curve. possess a global mindset, which that lie ahead. By fostering innovation, involves understanding diverse cultivating strong relationships, and Navigating Disruptive Market cultures, markets, and global trends. leading with integrity, the business Forces: Cultural intelligence will play a vital leaders of the future will drive their role in building relationships with organizations towards sustainable The future of business leadership will international partners, managing success in a rapidly changing world. be characterized by intense market diverse teams, and expanding into new disruptions and rapid changes in markets. Leaders who demonstrate

22. Embrace technology: Business value diversity in terms of gender, race, leaders of the future will need to have a ethnicity, age, and background, as deep understanding of emerging diverse teams bring different technologies and their potential impact perspectives and ideas. Inclusive on business. Technologies like artificial leadership involves creating a safe and intelligence, blockchain, and supportive environment where automation will transform industries, everyone feels valued and empowered and leaders who can leverage these to contribute. technologies effectively will have a competitive advantage. Foster a culture of innovation: In a rapidly changing business landscape, innovation will be critical for success. Future leaders should create a culture that encourages creativity, risk-taking, and continuous learning. They should promote collaboration and empower employees to contribute ideas and experiment with new approaches. Develop digital literacy: As businesses become increasingly digitized, leaders must develop a strong digital skill set. This includes understanding data analytics, digital marketing, cybersecurity, and the use of digital tools for communication and collaboration. Digital literacy will be essential for making informed decisions and driving digital transformation. Emphasize sustainability: With growing environmental concerns, businesses are expected to prioritize sustainability. Future leaders should incorporate sustainability practices into their business strategies, such as reducing carbon footprint, implementing renewable energy sources, and promoting ethical and socially responsible practices. This not only benefits the planet but also improves brand reputation and attracts conscious consumers. Cultivate diversity and inclusion: The future of business leadership will involve fostering diverse and inclusive work environments. Leaders should