and then energy - hardwork and passion and things like that. And the most important is integrity.
By: Value Research
If the management has this thing that I will build a castle for myself and I will not pay any dividends to minority shareholders, and will siphon off money from the listed company that is there, if that’s the approach, then obviously, that is not good.
At the same time, competence is also required. Let us say, a promoter or a manager is a saintly person, takes ₹1 as annual salary but does not have any understanding of the business and the company is continuously losing market share to competition.
There are industry changes which are not being reflected in the business strategy of the company.
Then again, the company will not do well. If you have integrity and competence, most of the battle is won, but then, at least some amount of hard work or some amount of actual implementation, execution is required.