Asad umer presentation


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Asad umer presentation

  1. 1.  Waleed Tahir  Zeeshan Shehzad  Muhammad Karim  Jaweria Kashif  Rabia Riaz
  2. 2. “The leadership challenge is simple. it is to maximize the probability for each member of the organization… getting as close to their ultimate potential as possible”
  3. 3. Asad Umer remained CEO and President of Engro corporation from 2004 to 2012
  4. 4. Former Engro CEO Asad Umar is a revered figure in the corporate world. At just 50 years of age, he has achieved more than what many achieve in a lifetime. Having served as the youngest CEO and President of Engro Corporation for eight years during his 27 year career with the company
  5. 5. Oil & Gas Development Company Ltd. Karachi Stock Exchange, Pakistan State Oil and Port Qasim Authority. He also served as Chair of Young Presidents’ Organization,
  6. 6.  Asad Umar was born at Rawalpindi on 25th March 1961  His father was an Army Officer  Asad Umar has five brothers and one sister  Asad Umar is the youngest of all his siblings  Childhood Dream JOB : While growing up, he wanted to be a GD pilot. In fact, the F104 Starfighter was the first love of his life.
  7. 7. He completed primary and secondary studies from C.B School now it is (F.G Sir Syed School Mall Rd. Rawalpindi Cantt) After Retirement of his Father his family moved to Karachi Asad Umar Compeleted his Bachelor in Commerce from Government College, Karachi in 1982 He was an average student throughout his academic career but performed well in University Studies at IBA Karachi :
  8. 8. He graduated as an MBA from the Institute of Business Administration (IBA) Karachi in n 1984 with the highest GPA in the class.
  9. 9. He met his wife at IBA (same batch) but she graduated in 86' · Captained the IBA cricket team. · Stood for BASC elections for Office Bearers (General Secretary) but lost. Memories associated with IBA
  10. 10. Inspiration has always come from the poetry of Iqbal and from reading books dealing with literature, history, sports and wars etc. My father, who was a student assistant of Quaid-e-Azam, has also been a great source of inspiration.
  11. 11. Asad Umar is a family man.He got married in 1988 and has two kids both of them are currently studying in United Kingdom.He always loves to spend quality time with his family.He also gives the credit of his better professional life to his wife and always listens to the advices and suggestions of her.
  12. 12. He was also the 1st President of Engro Polymer and Chemical Ltd. 1997
  13. 13. Mr.Umer started his career from HsBC in Pakistan and joined Exxon chemicals Pakistan Ltd in 1985 He has also worked with Exxon chemicals in Canada as assistant .
  14. 14. Job at HSBC
  15. 15. Job at Exxon Chemical (NOW ENGRO CORPORATION  Exxon Chemical Pakistan Limited in 1985, which is now Engro Corporation Limited.  Two Year Stint in Canada (North America )  He went to Canada in 1989 on two year contract with Exxon Mobile.
  16. 16.  Asad umar leads the feasibility studies of Engro Polymer and started the business and became its first CEO.
  17. 17. •During his years of Engro Mr.umer has worked in all major divisions. =)Finance =)Manufacturing =)New ventures =)marketing.
  18. 18.  Asad Umar became CEO and President of Engro Corporation and took it to the new Horizons which one could not even imagine.
  19. 19.  For someone who became CEO at 42 and increased the company’s revenues from Rs13 billion to Rs114 billion in about seven years, the decision to retire at 50 did not take many people by surprise. “I always had this number in my mind. I knew I’d retire around 48, 50 or 52,”
  20. 20.  Successful diversification of Engro corporation .  Engro Foods as the highest earning SBU so far.  Most successful CEO of Engro corporation.  He takes Engro to the top five preferred Employers of Pakistan.
  21. 21. Achievements con’t…  Umar has not only provided leadership in the organization at various levels, but has also been an active contributor on various boards both inside and outside Engro.  he has dramatically transformed a chemical company into a major Pakistani conglomerate.
  22. 22. Achievements con’t…  under his leadership, Engro’s revenues had grown from just Rs13 billion in 2004 to Rs114 billion in 2011, growing at an annualised rate of nearly 36.4%. (Inflation during that time averaged 12.6% per year.)  Umar took Engro from being a local player to a globally competitive one, leading the firm into the $1.1 billion project that set up the world’s largest single-train urea manufacturing plant in Pakistan.
  23. 23. Achievements con’t…  He was awarded the Sitara-i-Imtiaz in 2010.  I am not much of a believer of individual achievements. I’ve always been a part of a team. So, whatever I’ve achieved so far, the credit goes to my team.
  24. 24. History of Engro corporation  In 1957, the search for oil by Pak Stanvac, an Esso/Mobil joint venture led to the discovery of the Mari Gas field near Daharki – a small, remote area in Upper Sindh province at the time. Esso proposed the establishment of a urea plant in that area which led to a fertilizer plant agreement signed in 1964. In the subsequent year, Esso Pakistan Fertilizer Company Limited was incorporated, with 75% of the shares owned by Esso and 25% by the general public.
  25. 25. From Esso to Exxon  As part of an international name change program, Esso became Exxon in 1978 and the Company was renamed Exxon Chemical Pakistan Limited.
  26. 26.  1991 Exxon Chemical Pakistan Ltd became Engro Chemical Pakistan Limited.
  27. 27.  1997 Engro Chemical Pakistan Ltd become Engro Corporation Ltd.
  28. 28. Engro Corporation Ltd SBU Engro Fertilizers Limited Engro Foods Limited Engro Polymer & Chemicals Limited Engro Powergen Limited Engro EXIMP Private Limited Engro Vopak Terminal Limited Elengy Terminal Pakistan Limited
  29. 29.  a wholly owned Engro subsidiary, is a premier fertilizer manufacturing and marketing company with products that focus on balanced crop nutrition and increased yield. The company markets primary and secondary fertilizers like Engro Urea, Engro DAP, Engro Zorawar, Engro Zarkhez and Zingro
  30. 30. Engro Foods Limited was officially launched as a fully owned subsidiary of Engro in 2004. Using dairy as a stepping stone to enter into the food business, the Company has established state-of- the-art processing units in Sukkur and Sahiwal, along with an ice cream production facility in Sahiwal.
  31. 31. Engro Food cont….  Olpers  Olpers cream  Tarang  Dobala  Olfrute  Dairy Omang  Tarka  Omore  Lassi
  32. 32.  With an acquisition of Al Safa – a fast growing and established Halal meat brand – Engro Foods is now venturing into North American market starting from Halal Foods category. The new organization, Engro Foods Canada Ltd. with a subsidiary
  33. 33. Engro Polymer & Chemicals Limited  an Engro subsidiary, is Pakistan’s leading manufacturer and marketer of PVC (polyvinyl chloride) resin, with an annual PVC production of 150,000 tons. The Company markets its products under the brand name of SABZ. Following recent expansion, the Company now has an integrated facility with the capability to manufacture EDC, VCM, Chlorine and Caustic soda.
  34. 34. Engro Powergen  was incorporated in 2008, as a fully owned subsidiary, to develop power projects in Pakistan so as to help reduce the power shortage in the country and earn a competitive return for shareholders.
  35. 35. Engro EXIMP Private Limited  established in 2003, is a wholly owned subsidiary of Engro Corporation Limited. The company trades in Fertilizers, Agricultural Commodities and Coal.
  36. 36. Elengy Terminal Pakistan Limited  a wholly owned subsidiary of Engro Corporation Limited, is the Corporation’s newest initiative is aimed at establishing an open access, merchant floating storage re- gasification terminal with a storage capacity of 3.5mtpa under the LNG Policy 2011. Through the establishment of the terminal, the Company will market its capacity to LNG Buyers for storage and regasification of LNG purchased.
  37. 37. Engro CSR  Educational programs  Kacha school in GOTKHI  Training and Resource centre  Sahara welfare society  Health program  Free snake bite treatment  Dialysis centers at Daharki and Mirpur Mathelo  Eye care center at Daharki
  38. 38. values  Health Safety & Environment  Ethics and Integrity  People  Innovation & Risk Taking  Community & Society
  39. 39. Failures  In 1997 Asad Umar lead the feasibility studies and took the initiative of Engro Polymer. He became the first CEO of Engro polymer but it could not prosper and went into loss.
  40. 40. Failures cont…..  During the tenure of Asad Umar there is a Urea scandal that Fauji Fertilizer and Engro Fertilizer was fined Rs 5.5 Billion and 3.14 Billion respectively by CCP.They increased the price of Urea bag from Rs 850 to Rs1580 in 2010.It was also said that this increase cause artificial inflation of Food products.
  41. 41. The New Reality of Leadership  NEW Paradigm  Change/crisis mgt.  Empowerment  Collaboration  Diversity  Higher ethical purpose  Humble
  42. 42. Types of Leaders  Leader by the position achieved  Leader by personality, charisma  Leader by moral example  Intellectual leader  Leader because of ability to accomplish things
  43. 43. Leadership Qualities  Humble  Visionary  Initiative  Risk taker  Ethical  Socially Responsible  Intelligent  Diversification  Innovative
  44. 44. Leadership Qualities  Honest  Delegative  Listener  Confident  Optimist  Team Leader  Empowerment  Patriotic
  45. 45. Leadership Continuum
  46. 46. Leadership Grid figure
  47. 47. Transformational Leadership  Leadership characterized by the ability to bring about significant change in followers and the organization
  48. 48. Path Goal Theory  Path Goal theory is about how leaders motivate subordinates to accomplish designated goals  The stated goal of leadership is to enhance employee performance and employee satisfaction by focusing on employee motivation  Emphasizes the relationship between the leader’s style and characteristics of the subordinates and the work setting  The leader must use a style that best meets the subordinates motivational needs
  49. 49. Path Goal Theory
  50. 50. Leadership Styles
  51. 51. Servant Leadership  Servant leadership is a philosophy and set of practices that enriches the lives of individuals, builds better organizations and ultimately creates a more just and caring world.
  52. 52. Characteristics of Servant Leadership 1. Values diverse opinions. 2. Develops other leaders. 3. Helps people with life issues (not just work issues). 4. Encourages. 5. Thinks “you,” not “me.”
  53. 53. Continued  Listening  Empathy  Foresight  Commitment to the growth of people  Share Leadership  Value people