Groupwork-2 Effective Leadership

GROUP MEMBERS:
1. IRSHAD SONDE – GL
2. VIKAS BHARDWAJ
3. VINAY BIDAYE
4. RAJESH SHETTY
5. NADIR PATEL
6. AKSHAYA KAMATH
QUESTION-1 Identify any three contemporary corporate leaders in India

who you think are effective leaders. Prepare a brief analysis of their
leadership styles. What factors are related with their effectiveness as
leaders?
ANS:
Three corporate leaders for our analysis of leadership styles are:
1. RATAN TATA
2. AZIM PREMJI
3. NARAYAN MURTHY
1. RATAN TATA:
RATAN TATA (born December28, 1937 in Mumbai) is the present chairman of the
Tata Group India largest conglomerate established by earlier generation of his
family.
The various qualities which lead to the effectiveness of Ratan Tata as a

leader are:
PERSONALITY
Very dignified
• Ethical • Dependable • Believes in keeping promise • Loyal and believes in

relationship • Questioning the unquestionable • Risk taker not a speculator •
Employ leadership quantities and a tremendous m motivator
MOTIVATION
RATAN TATA always keeps motivating his team mates for good work and
maintains healthy environment .He gives first priority to safety of workers.
CONSISTENCY
Leadership effectiveness is impossible without consistency. Every leader has an
approach that is unique to them. He says don’t change style radically after all, it got
you in leadership position.
VISIONARY OUTLOOK
Leadership qualities are different position. He must be thinking for stabilizing the
current business and always looking for future scope of expansion
ABILITY TO STAND AGAINST CRITICS

AS the success rate increase your critics multiply and become louder. Come to
peace with the fact that you will always have a camp of people who critique every
decision you make.
ANALYSIS PART OF LEADERSHIP QUALITY

Leadership quality which makes a person stands out different from other ordinary
employees. It is associated with such a person who has aggressiveness in speech
and action, love for the employees and who can handle pressure under different
circumstances and a person who is always ready to fight for the right of employee.
2. AZIM PREMJI
The article discusses the leadership qualities of Premji. Under his leadership,
Wipro, a small vegetable oil company in the mid-1960s, was transformed into one of
the leading IT services company by the early 2000s. Premji had established a
strong value system in Wipro and believed that values not only helped in achieving
success but also made that success more enduring and lasting. Below are few
leadership qualities & initiatives taken up in Wipro in order to build a strong
organization & develop leaders within the organization.
EXEMPLARY
This quality of Mr. Premji is clearly visible from the honors (he received for his
contribution to the Indian industry. In July 2007, BusinessWeek nominated Azim
Hasham Premji (Premji), the Chairman of Wipro, as one of the top 30 all time
great entrepreneurs in the world. In the year 2005 he was honored with Padma
Bhushan.
VISIONARY OUTLOOK
Mr. Premji was a man with great ambition, imagination or foresight when
thinking about the future. His vision made Wipro diversify to bakery fats, ethnic
ingredient based toiletries, hair care soaps, baby toiletries, lighting products and
hydraulic cylinders. With the advent of computers and the problem faced by
multinationals like IBM in India, Mr. Premji envisaged the IT service industry as an
excellent opportunity and Premji made a focused shift from soaps to software. His
vision has transformed a USD 1.53 Million vegetable oil company into USD 6 Billion.
MODESTY
Being among the top 5 richest Indian, he still keeps away from the unwanted
luxuries. He drives Toyota corolla, travels in economy class & prefers to stay in
company guest house rather than luxury hotels.
ATTITUDE & VALUES
At the first annual general meeting of the company attended by Azeem Premji, a
shareholder doubted Premji's ability to handle business at such a young age and
publicly advised him to sell his shareholding and give it to a more mature
management. This spurred Azim Premji and made him all the more determined to
make Wipro a success story. And the rest is history. This simply means that he was
a tought minded person with very much control of his emotions and belived in
showing the results rather than being discourage by his emotions. Premji is a
workaholic and according to him, in a competitive environment, work is the only
way to success and survival. An exacting taskmaster, he expects competence from
his people and though he is forgiving about genuine errors of judgment, he simply
does not tolerate obfuscation or deception.
Premji firmly believes that ordinary people are capable of extraordinary things. He
believes that the key to this is creating highly charged teams. He takes a personal
interest in developing teams and leaders. He invests significant time as a faculty in
Wipro's leadership development programmes. He also makes it a point to deal
directly with customers as much as possible. Premji strongly believes in delivering
'value to the customer' through world-class quality processes. This belief has driven
Wipro's pioneering efforts in quality practice adoption.
3. NARAYAN MURTHY:
The various qualities which lead to the effectiveness of Mr. Narayan

Murthy as a leader are:
PROGRESSIVE LEADER
A leader is an agent of change, and progress is about change. Leadership is about

raising the aspirations of followers and enthusing people with a desire to reach for
the stars. Leadership is about making people say, 'I will walk on water for you.' It is
about creating a worthy dream and helping people achieve it.
ADVERSITY
A leader has to raise the confidence of followers. He should make them understand
that tough times are part of life and that they will come out better at the end of it.
He has to sustain their hope, and their energy levels to handle the difficult days.
Never is strong leadership more needed than in a crisis. Mr. Murthy has this great
quality about him and has helped Infosys overcome difficult situations during his
career.
VALUES
The leader has to create hope. He has to create a plausible story about a better
future for the organization. Everyone should be able to see the rainbow and catch a
part of it.
This requires creating trust in people. And to create trust, the leader has to
subscribe to a value system: a protocol for behavior that enhances the confidence,
commitment and enthusiasm of the people.
Compliance to a value system creates the environment for people to have high
aspirations, self esteem, belief in fundamental values, confidence in the future and
the enthusiasm necessary to take up apparently difficult tasks. Leaders have to
walk the talk and demonstrate their commitment to a value system.
Leaders have to prove their belief in sacrifice and hard work. Such behavior will
enthuse the employees to make bigger sacrifices. It will help win the team's
confidence, help leaders become credible, and help create trust in their ideas.
ENHANCING TRUST
Trust and confidence can only exist where there is a premium on transparency. The
leader has to create an environment where each person feels secure enough to be
able to disclose his or her mistakes, and resolves to improve.
Investors respect such organizations. Investors understand that the business will
have good times and bad times. What they want you to do is to level with them at
all times. They want you to disclose bad news on a proactive basis. At Infosys, Mr.
Murthy have encouraged the philosophy, 'When in doubt, disclose.'
GOVERNANCE
Good corporate governance is about maximizing shareholder value on a sustainable
basis while ensuring fairness to all stakeholders: customers, vendor-partners,
investors, employees, government and society. A successful organization tides over
many downturns. The best index of success is its longevity. This is predicated on
adhering to the finest levels of corporate governance.
At Infosys, Mr. Murthy have consistently adopted transparency and disclosure

standards even before law mandated it. In 1995, Infosys suffered losses in the
secondary market. Under Indian GAAP (generally accepted accounting principles),
we were not required to make this information public. Nevertheless, we published
this information in our annual report.
FEARLESS ENVIRONMENT
Transparency about the organisation's operations should be accompanied by an

open environment inside the organization. You have to create an environment
where any employee can disagree with you without fear of reprisal. In such a case,
everyone makes suggestions for the common good. In the end everyone will be
better off.

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GROUP MEMBERS:

QUESTION-1 Identify any three contemporary corporate leaders in India

Three corporate leaders for our analysis of leadership styles are:

The various qualities which lead to the effectiveness of Ratan Tata as a

• Ethical • Dependable • Believes in keeping promise • Loyal and believes in

ABILITY TO STAND AGAINST CRITICS

ANALYSIS PART OF LEADERSHIP QUALITY

ATTITUDE & VALUES

The various qualities which lead to the effectiveness of Mr. Narayan

A leader is an agent of change, and progress is about change. Leadership is about

At Infosys, Mr. Murthy have consistently adopted transparency and disclosure

Transparency about the organisation's operations should be accompanied by an

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