I created the rules because it was my vision that built IPL
Updated On: 26 September, 2013 12:16 AM IST | Lalit Modi
Constant innovation thus is the only way forward, for a company or even a country.
The IPL in my time was an example of this. We innovated, learnt, and innovated again, rapidly. And yes, I created the rules because it was my vision that built the IPL from nothing; where others at the time saw the possibility of failure, I was the one who dreamt of success, and worked towards it.
What characterised the IPL and defined its success was the ability to look into the future, to see its gains and pitfalls, and to then plan and execute it.u00a0The IPL became my identity -- and when the brand you create becomes your face, it loads greater responsibility on you.
I identified issues in advance and kept moving ahead. Where others saw uncertainty, I saw opportunity. I understood the playing field, identified the potential trip-wires.
Did I take risks? Yes I did. Innovators need to take risks; when you chase a dream, you have to think big.u00a0Was I ruthless? Yes. Ruthless is good. Our forefathers were ruthless -- they needed to be, in order to survive.
But vision and innovation require backing -- the backing of the fans, which I got in abundance, but also the backing of the hierarchy. Innovators are given freedom (by the boards, shareholders, whoever) to to move rapidly, to build something big.
It is because of this freedom that they are able to succeed where others fail; it is also equally a facet of corporations that when they succeed beyond the imagination, and those who ride on the coat-tails of the innovator get greedy, they then blame the very innovations, the risks, the decisions, that produced success in the first place.
Trending Stories
Latest Web Stories
Latest Photos
06 August, 2026 08:34 PM IST | In Photos: Hiroshima Day Silent Peace March 2026
Preshit Deorukhkar
17 December, 2025 11:56 AM IST | IN PHOTOS: MLAs at Vidhan Bhavan during Maharashtra Legislative Council polls
Asif Ali Sayed
09 September, 2024 09:32 PM IST | IN PHOTOS: People in Mumbai celebrate Gauri Puja during Ganeshotsav
Asif Ali Sayed
09 September, 2024 09:13 PM IST | IN PHOTOS: Mumbai witnesses sunny weather as rains take a break
Asif Ali Sayed
Latest Videos
ADVERTISEMENT
Mid-day Fast
Latest Headlines
23 August, 2026 09:06 AM IST | mid-day online correspondent
20 August, 2026 09:25 PM IST | mid-day online correspondent
19 August, 2026 07:14 PM IST | Makepeace Sitlhou
19 August, 2026 11:50 AM IST | Test Tushar