Somnath Malakar’s Strategic Impact Across Industries

Somnath Malakar, a visionary leader with over two decades of experience in the FMCG and Consumer Goods sector, has been honored with the prestigious title of “Premier Strategic Leader of the Year 2024” by Ctoday Awards. This recognition comes not just as a celebration of his stellar achievements but also as a testament to his ability to transform challenges into opportunities. His leadership journey has been characterized by constant innovation, strategic adaptability, and a deep understanding of consumer needs across diverse regions and markets.

Selected for Unyielding Commitment to Excellence

As the CEO of Zee Entertainment Enterprises Ltd (Sub-Saharan Africa & Indian Ocean Islands), Somnath’s career exemplifies the importance of embracing change. Having transitioned from selling products in the FMCG industry to crafting stories in the Media industry over the past four years, he embodies the ability to un-learn and re-learn. He has always recognized the need for nuanced strategies that cater to the unique characteristics of various regions, countries, and consumer segments. By adapting his approach to fit each specific context, he has proven that understanding diversity is key to business success. One of Somnath’s most admirable traits is his fearlessness in taking calculated risks. He understands that innovation often stems from stepping into uncharted territories, where unfamiliarity should never deter progress. His strategic decisions frequently challenge the status quo, leading to outcomes that exceed expectations, proving his effectiveness in driving transformative change.

Somnath deserves the recognition as “Premier Strategic Leader of the Year 2024” for several key reasons:

Building Relationships on Trust: 

Somnath’s leadership philosophy places a strong emphasis on trust over hierarchical authority. He believes that genuine relationships founded on trust foster collaboration and commitment, which are essential in the modern business world. This approach has not only strengthened his team’s cohesion but has also made him a trusted leader across the industry.

Strategic Foresight: 

Somnath’s ability to anticipate the future while addressing present challenges has set him apart as a forward-thinking leader. He knows that investing in adaptability, innovation, and risk management is critical to sustained success. His focus on strategic planning and continued learning ensures that he is well-prepared for an unpredictable future, making him an exemplary role model for future leaders.

A Mindset of Resilience and Innovation

What makes Somnath stand out is his unwavering belief in the power of resilience and creativity. During challenging times, he embraces a mindset that there is always another way to overcome obstacles. This mindset has enabled him to approach difficulties with determination, leading to innovative solutions that consistently drive success. His emphasis on persistence and adaptability resonates deeply with his colleagues and peers, further solidifying his position as a strategic leader of unparalleled caliber.

A Life of Purpose and Advice to Aspiring Leaders

For Somnath, there is no separation between his personal and professional life. He feels at home when he is at work, finding excitement in the challenges that lie ahead. Being recognized as the ‘Premier Strategic Leader of the Year 2024’ is a humbling experience for Somnath. However, it also brings a sense of responsibility, as it raises the expectations of his colleagues, friends, and stakeholders within the industry. This acknowledgment pushes him to remain agile and stay ahead of the curve, which is critical in today’s fast-paced business environment. Somnath’s advice to aspiring leaders includes embracing change, prioritizing innovation, taking calculated risks, and staying true to purpose and values. He emphasizes the importance of emotional intelligence, empathy, and a commitment to diversity, equity, and inclusion. These principles guide his leadership style, making him a respected figure within the industry.