Mumbai CHAPTER

Who Will Bell the Cat? From Strategy to Courageous Execution

June 19, 2026

A timeless Aesop’s fable offers a powerful leadership lesson: having the right strategy is only the beginning. True leadership lies in having the courage to act.

Who Will Bell the Cat? From Strategy to Courageous Execution

The story of “The Mice and the Cat” tells of a group of mice who devise a brilliant plan: attach a bell to the cat so they can hear her coming. The plan seems perfect—until one mouse asks the question that changes everything: “Who will bell the cat?”

The lesson remains remarkably relevant in organizations today. Leaders often come together to build strategies, align on priorities, reduce costs, or solve complex problems. But while deciding what needs to be done is relatively easy, deciding who will take the risk and make it happen is far harder.

Historically, leadership often meant leading from the front and accepting personal risk. Today, genuine moral courage and the ability to “walk the talk” can sometimes be harder to find. In an organization, the “cat” could represent anything from discrimination and mismanagement to deeply entrenched practices that no one wants to challenge.

So when the alarm bells ring, who has the courage to act?

Whether it means taking difficult decisions, challenging the status quo, fostering innovation, or standing up for what is right, “Who will bell the cat?” is ultimately a question about accountability and execution.

Making a plan is easy. Executing it is everything.

Attendees

Abha Sarda, Tata Capital

Amit Jaju, Ankura

Arti Agarwal, Tata Mutual Fund

Avinash Kaul, Network18 Media & Investments Ltd

Bhavesh Lakhani, Firstsource

Dr. Rajorshi Ganguli, Alkem Laboratories

Dr. Ravi Hemnani, Nuvoco

Kamlendra Srivastava, Countrywide Commodity Repository Limited

Karthick Venkatakrishnan, EisnerAmper India

Keyur Desai, Prince Pipes

Khushru M. Mistry, GM Modular

Nishchai Nevrekar, Sterlite Technologies Limited

Rohit Midha, Lenovo India

Samiran Sarkar, Purplle.com

Saptarshi Bhattacharya, Motilal Oswal Private Equity

Sharmistha A. Bagchi, IBM

Vijay Sinha, JSW Greentech Ltd