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MGMT 568 (Comparative Management) – LEADERSHIP
Target Country - India
Presented To: Allan Cahoon, Gloria Miller & MGM Community
Presented By: Chandandeep Singh
Definition
Leadership is an executed vision aimed to influence people by inspiring
them with continuous innovation, compassion, character, sacrifice,
integrity and decision making. Leadership is all about transforming the
present to future by showing direction.
Leadership V/S Management
Misconception about Leadership
Leadership is frequently mistaken with
Management. Management and leadership are
two different skills, entities having different
domains
Top 10 Differences Between Managers and
Leaders - YouTube
Current Leadership Issues in India
Political Issues
• India at present is ruled by a pre-
independence leaders that are
striving only for power
• At political level also, India’s growth
is endangered by leadership deficit
• Political involvement at commercial
levels discourage authentic
leadership
Gender Discrimination
• Discriminating women over men for
leadership positions is frequent as
female gender is seen as an
emotional and weaker gender
• Sexual harassment of women at
workplace is very common in most
of the companies
Current Leadership Issues in India (Contd.)
No Clear Vision
• The current political leadership of India
is visionless
• Many of the existing leaders are
demonstrating no or least vision as
they are trying to repeat the "China
Model" of economic development, but
with a deviation
Leadership Development Issues
• “40% of top 100 corporates in India
have CEOs drawn from promoting
families”
• Absence of internal grooming or
advance succession planning
Corruption
• Public sector leadership is utterly
rotten with corruption, referencing and
favoritism due to political influence
Background of the
development of the Issue
Poverty & Obsolete Education System
• Public sector education is incompetent and lacks overall
infrastructure with no significant interest from government
• Approximately 94% students drop out of school before
completion of 12th grade due to inability to pay tuition
• Rest 6% mostly graduate with regular college degree which is
mainly irrelevant in today’s context and mostly becomes a
barrier in employment-generation
• Non-existence of government funding for private schooling
Corrupt Visionless Government
• Every government ruling the nation had demonstrated the
same characteristics of corruption, unjustifiable influence of
power, hunger for power and no vision for the development of
country
Leadership in Business- A Chat with Sadhguru and K. V. Kamath at
Forbes India Awards - YouTube
Background of the development of
the Issue
Lack of Able Leaders
• Lack of leadership from the municipal level
offices to the highest offices of Indian
government and political parties
• Non participation of highly educated Indian
youth in the politics
No Leadership Development/Grooming
• Leadership development, placement &
succession planning has not been extensively
demonstrated by corporations operating in
India and other developing nations
• HR and talent development systems are not
competent enough or have the vacuum to
groom ambitious and aspiring employees for
the leadership roles
Leadership Lessons from India -
Top 98 Corporations
• Internally focused, long-term view
• Giving priority to motivating and
developing employees than that of
short-term shareholder interests
• Creating a sense of social mission
that is central to company culture
• Encouraging openness
• Developing and forming systems that
provide transparency and empower
employees by enabling
communication
• Pushing decision making down
through the ranks, and invest heavily
in training
Few Insights about
Indian
Transformational
Leaders/CEO’S
Vineet Nayar : Company HCL: Motto -Employee First Customer second: Leading 55,000 employees & 24
Billion Organization: Growing Faster than Indian Economy
Rattan Tata: Company Tata Group: 1991 Visioned Global Growth: Led 96 Companies: Acquired Tetley
Group, Ritz Carlton Hotel, Daewood: Developed the Tata Group on global level: ½ of Tata’s revenue
comes from global operations. Nano – Interview. Pricing and development : $2000 Guessed and
Projected as Goal: Engineered on cutting costs by repurposing scooter parts. Eliminating power
windows
Verghese Kurien: CompanyAmul: People call him Steve Jobs of India: Known as father of white
revolution 1950’s Amul Story. Made India the largest milk producer in the world. Contributes 17% to
the world supply. 30 Different companies
Sunil Mittal : Company Airtel:16 Billion Company : From a crankshaft manufacturing shed to India’s
biggest telecom giant. Retail (introduced Wal-mart). When faced with a choice between
perfection and speed, choose speed; perfection will follow.
Sunil Bharti Mittal on Entrepreneurship - YouTube
Comparative Analysis between Top US and Indian
CEO’S: Prioritizing Key Responsibilities
Indian US
Main focus on business strategy – Last Shareholder Main focus on shareholder interests
Indian executives spent more time on setting strategy but
gave additional attention to external demands like regulatory
concerns, the board, and shareholders
U.S. executives became increasingly attentive
to external demands—regulatory concerns,
the board, and shareholders
Indian leaders are likely to
own the strategy function
Western leaders often leave it to
profit-center heads
Transformational Transactional
Implications for Managers
Indian Managers
• NO Vision No Direction: Vision and Direction are leadership skills and without the
presence of able leaders in the company it becomes hard for managers to
recognize the goals of a company and they lose focus.
• Lack of Capitol: Foreign and domestic investors invest in the dreams of leaders
executed by managers in the leadership of competent CEO’s. However, managers
and companies fall short of raising the capital in form of equity or FDI due to the
roofing of incompetent leadership.
• Failure in Corporate Restructuring: It is impossible for managers to manage
innovation, employee engagement, talent, performance, competition and growth
without the direction of a leader.
• Loss of Potential Leaders: Corporations and managers are losing deserving leaders
who can fill in the CEO roles due to gender discrimination, poverty and improper
or no succession planning.
IBM THINK | Chanda Kochhar of ICICI Bank Discusses Women In Leadership
With Errol Morris - YouTube
Implications for Managers
Foreign Managers
Accountability towards Investment: Lack of Leadership has diverted Indian
Corporations from developing domestic manufacturing infrastructure.
Foreign managers, Investors and CEO’S are not convinced the way India is
transforming into a Service Sector Nation and due to that they are diverting
the attention and FDI towards countries like China.
INDIA
MGMT 568 - LEADERSHIP IN INDIA

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MGMT 568 - LEADERSHIP IN INDIA

  • 1. MGMT 568 (Comparative Management) – LEADERSHIP Target Country - India Presented To: Allan Cahoon, Gloria Miller & MGM Community Presented By: Chandandeep Singh
  • 2. Definition Leadership is an executed vision aimed to influence people by inspiring them with continuous innovation, compassion, character, sacrifice, integrity and decision making. Leadership is all about transforming the present to future by showing direction.
  • 3. Leadership V/S Management Misconception about Leadership Leadership is frequently mistaken with Management. Management and leadership are two different skills, entities having different domains Top 10 Differences Between Managers and Leaders - YouTube
  • 4. Current Leadership Issues in India Political Issues • India at present is ruled by a pre- independence leaders that are striving only for power • At political level also, India’s growth is endangered by leadership deficit • Political involvement at commercial levels discourage authentic leadership Gender Discrimination • Discriminating women over men for leadership positions is frequent as female gender is seen as an emotional and weaker gender • Sexual harassment of women at workplace is very common in most of the companies
  • 5. Current Leadership Issues in India (Contd.) No Clear Vision • The current political leadership of India is visionless • Many of the existing leaders are demonstrating no or least vision as they are trying to repeat the "China Model" of economic development, but with a deviation Leadership Development Issues • “40% of top 100 corporates in India have CEOs drawn from promoting families” • Absence of internal grooming or advance succession planning Corruption • Public sector leadership is utterly rotten with corruption, referencing and favoritism due to political influence
  • 6. Background of the development of the Issue Poverty & Obsolete Education System • Public sector education is incompetent and lacks overall infrastructure with no significant interest from government • Approximately 94% students drop out of school before completion of 12th grade due to inability to pay tuition • Rest 6% mostly graduate with regular college degree which is mainly irrelevant in today’s context and mostly becomes a barrier in employment-generation • Non-existence of government funding for private schooling Corrupt Visionless Government • Every government ruling the nation had demonstrated the same characteristics of corruption, unjustifiable influence of power, hunger for power and no vision for the development of country Leadership in Business- A Chat with Sadhguru and K. V. Kamath at Forbes India Awards - YouTube
  • 7. Background of the development of the Issue Lack of Able Leaders • Lack of leadership from the municipal level offices to the highest offices of Indian government and political parties • Non participation of highly educated Indian youth in the politics No Leadership Development/Grooming • Leadership development, placement & succession planning has not been extensively demonstrated by corporations operating in India and other developing nations • HR and talent development systems are not competent enough or have the vacuum to groom ambitious and aspiring employees for the leadership roles
  • 8. Leadership Lessons from India - Top 98 Corporations • Internally focused, long-term view • Giving priority to motivating and developing employees than that of short-term shareholder interests • Creating a sense of social mission that is central to company culture • Encouraging openness • Developing and forming systems that provide transparency and empower employees by enabling communication • Pushing decision making down through the ranks, and invest heavily in training
  • 9. Few Insights about Indian Transformational Leaders/CEO’S Vineet Nayar : Company HCL: Motto -Employee First Customer second: Leading 55,000 employees & 24 Billion Organization: Growing Faster than Indian Economy Rattan Tata: Company Tata Group: 1991 Visioned Global Growth: Led 96 Companies: Acquired Tetley Group, Ritz Carlton Hotel, Daewood: Developed the Tata Group on global level: ½ of Tata’s revenue comes from global operations. Nano – Interview. Pricing and development : $2000 Guessed and Projected as Goal: Engineered on cutting costs by repurposing scooter parts. Eliminating power windows Verghese Kurien: CompanyAmul: People call him Steve Jobs of India: Known as father of white revolution 1950’s Amul Story. Made India the largest milk producer in the world. Contributes 17% to the world supply. 30 Different companies Sunil Mittal : Company Airtel:16 Billion Company : From a crankshaft manufacturing shed to India’s biggest telecom giant. Retail (introduced Wal-mart). When faced with a choice between perfection and speed, choose speed; perfection will follow. Sunil Bharti Mittal on Entrepreneurship - YouTube
  • 10. Comparative Analysis between Top US and Indian CEO’S: Prioritizing Key Responsibilities Indian US Main focus on business strategy – Last Shareholder Main focus on shareholder interests Indian executives spent more time on setting strategy but gave additional attention to external demands like regulatory concerns, the board, and shareholders U.S. executives became increasingly attentive to external demands—regulatory concerns, the board, and shareholders Indian leaders are likely to own the strategy function Western leaders often leave it to profit-center heads Transformational Transactional
  • 11. Implications for Managers Indian Managers • NO Vision No Direction: Vision and Direction are leadership skills and without the presence of able leaders in the company it becomes hard for managers to recognize the goals of a company and they lose focus. • Lack of Capitol: Foreign and domestic investors invest in the dreams of leaders executed by managers in the leadership of competent CEO’s. However, managers and companies fall short of raising the capital in form of equity or FDI due to the roofing of incompetent leadership. • Failure in Corporate Restructuring: It is impossible for managers to manage innovation, employee engagement, talent, performance, competition and growth without the direction of a leader. • Loss of Potential Leaders: Corporations and managers are losing deserving leaders who can fill in the CEO roles due to gender discrimination, poverty and improper or no succession planning. IBM THINK | Chanda Kochhar of ICICI Bank Discusses Women In Leadership With Errol Morris - YouTube
  • 12. Implications for Managers Foreign Managers Accountability towards Investment: Lack of Leadership has diverted Indian Corporations from developing domestic manufacturing infrastructure. Foreign managers, Investors and CEO’S are not convinced the way India is transforming into a Service Sector Nation and due to that they are diverting the attention and FDI towards countries like China. INDIA