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world, so you’ve got to deliver business
results. The results are from the strategy down
to your yearly performance targets. For me,
yearly performance is not the only assessment.
Sometimes you need to invest today for
tomorrow. Sometimes you need to invest not
for tomorrow but for the next 10 years.
“Last but not least, you must be a good
leader of people. If you’re not, then you
should remain as an individual contributor.
Being a leader is something you earn,
not because, say, if it’s a family business
and you have the right surname.”
When it comes to keeping his staff
engaged and motivated, Miguel puts the ball
in his employees’ court. “No matter how
junior or senior you are, you must always do
a little house check of yourself when you
wake up in the morning,” he explains.
“The first is that you’re coming in to
contribute. If you’re not contributing to thecompany, you have to question whether you
need to remain with it. Second, you have to
be learning all the time. Third, and most
importantly, you must think about whether
you’re having fun. If one of the three boxes
goes unchecked, then you should look for
something else in your career.”
Miguel adds that if these areas are not met
by his employees, it also reflects on him. “That
has been how I make decisions in my personal
career over the years. And that’s how I manage.
If any one of the three is not happening,
I believe I’ve failed as a leader in providing
the right kind of environment for my team.”LEARNING AS YOU GO
While it’s easy to select a big – and successful- name as an influence for how you do
business, Miguel chooses to find inspiration
from different people at different junctures of
his life. “Throughout my career, I learn from
THE RISE OF THE CO-WORKING SPACE
Co-working describes a type of work where members from different
organisations share an office space. The objective is to develop a more
collaborative, cost-effective and creative work environment. Co-working has
increased dramatically over the years, with the ‘2017 Global Coworking Survey’
recording 13,800 co-working spaces in 2017 compared with just 1,130 in 2011.
Other findings from the ‘2017 Global Coworking Survey’:
- 41% of respondents found their co-working space profitable
- 79% noted that it was “more than just a co-working space” citing other uses
for the space such as events, a shared office and a business centre
- 71% cited collaboration with other members within the past 12 months
- 67% plan on expanding, either by opening other locations, getting more
employees or moving into a larger space