This document provides profiles of the 10 most powerful CEOs in India for 2012, as determined by an unnamed publication. It summarizes each CEO's career history, accomplishments, leadership style, personal interests and philanthropic activities. The CEOs represented large, diversified conglomerates in various industries including Tata, Reliance, Aditya Birla, Wipro, ICICI Bank, HDFC, Larsen & Toubro, Mahindra Group, Godrej Group, and Infosys.
Azim Premji is an Indian business tycoon and philanthropist who transformed his father's small hydrogenated cooking oil company Wipro into a $8 billion global IT company. After graduating from Stanford, he had to return home in 1966 to lead Wipro after his father's death. He diversified Wipro's offerings and recognized the potential of IT in the 1980s. Under his leadership, Wipro became a pioneer in IT services. Premji also founded the Azim Premji Foundation which works to improve school education in rural India.
This document profiles the top 10 leading tycoons of India, including Anil Ambani, Mukesh Ambani, Azim Premji, Vijaya Mallya, Sunil Mittal, Subrata Roy Sahara, KV Kamath, Tulsi Tanti, Ratan Tata, and Kumar Mangalam Birla. It provides details on their backgrounds, education, careers founding major companies, current net worth, awards and honors received.
The document lists the top 10 CEOs in India, including brief biographies on Ratan Tata, Mukesh Ambani, Anil Ambani, Sunil Mittal, and Azim Premji. Ratan Tata is the chairman of Tata Group, one of India's largest conglomerates, and was honored with the Padma Bhushan award. Mukesh Ambani is the chairman of Reliance Industries, India's largest private company, and has a net worth of $29 billion, making him the richest man in Asia. Anil Ambani is the chairman of Reliance ADAG and has a personal wealth of $13.7 billion. Sunil Mittal is the chairman
1. The document discusses a biz quiz held by BQC with questions about various companies, organizations, and current events.
2. It provides the context for multiple choice questions, including the names of organizations, people in the news, and summaries of events.
3. Scores were kept using a point system for correct and incorrect answers, with various "lives" awarded for additional chances to answer.
This document contains a list of names and companies from London in January and September. It lists over 150 individuals with their first name, surname and the company they work for or are affiliated with. The companies listed cover a wide range of industries including venture capital firms, technology companies, media companies, professional services firms and more.
This document provides brief biographies of several successful Indian entrepreneurs and business leaders, including:
- Dhirubhai Ambani, who built Reliance Industries from scratch into one of the world's leading refiners and producers.
- Ratan Tata, who took over the Tata Group and emphasized globalization, growing revenues manifold under his leadership.
- Anil Naik, who joined L&T as a junior engineer and transformed it into a $16 billion group during his time as chairman.
- Aditya Puri, who quit Citibank to establish HDFC Bank and focused on evaluated customers over credit offers and loans.
- Akhil Gupta, who helped
Azim Hashim Premji was born in 1945 in Mumbai, India. He had to leave his engineering studies to take over his father's company, Western India Products, after his father's sudden death in 1966. Under Premji's leadership, Western India Products diversified into new industries and later became the IT company Wipro. Wipro was a pioneer in the Indian IT industry and was the first to achieve a high quality certification. Premji received several prestigious business awards and honors for his work and contributions.
This document provides profiles of the 10 most powerful CEOs in India for 2012, as determined by an unnamed publication. It summarizes each CEO's career history, accomplishments, leadership style, personal interests and philanthropic activities. The CEOs represented large, diversified conglomerates in various industries including Tata, Reliance, Aditya Birla, Wipro, ICICI Bank, HDFC, Larsen & Toubro, Mahindra Group, Godrej Group, and Infosys.
Azim Premji is an Indian business tycoon and philanthropist who transformed his father's small hydrogenated cooking oil company Wipro into a $8 billion global IT company. After graduating from Stanford, he had to return home in 1966 to lead Wipro after his father's death. He diversified Wipro's offerings and recognized the potential of IT in the 1980s. Under his leadership, Wipro became a pioneer in IT services. Premji also founded the Azim Premji Foundation which works to improve school education in rural India.
This document profiles the top 10 leading tycoons of India, including Anil Ambani, Mukesh Ambani, Azim Premji, Vijaya Mallya, Sunil Mittal, Subrata Roy Sahara, KV Kamath, Tulsi Tanti, Ratan Tata, and Kumar Mangalam Birla. It provides details on their backgrounds, education, careers founding major companies, current net worth, awards and honors received.
The document lists the top 10 CEOs in India, including brief biographies on Ratan Tata, Mukesh Ambani, Anil Ambani, Sunil Mittal, and Azim Premji. Ratan Tata is the chairman of Tata Group, one of India's largest conglomerates, and was honored with the Padma Bhushan award. Mukesh Ambani is the chairman of Reliance Industries, India's largest private company, and has a net worth of $29 billion, making him the richest man in Asia. Anil Ambani is the chairman of Reliance ADAG and has a personal wealth of $13.7 billion. Sunil Mittal is the chairman
1. The document discusses a biz quiz held by BQC with questions about various companies, organizations, and current events.
2. It provides the context for multiple choice questions, including the names of organizations, people in the news, and summaries of events.
3. Scores were kept using a point system for correct and incorrect answers, with various "lives" awarded for additional chances to answer.
This document contains a list of names and companies from London in January and September. It lists over 150 individuals with their first name, surname and the company they work for or are affiliated with. The companies listed cover a wide range of industries including venture capital firms, technology companies, media companies, professional services firms and more.
This document provides brief biographies of several successful Indian entrepreneurs and business leaders, including:
- Dhirubhai Ambani, who built Reliance Industries from scratch into one of the world's leading refiners and producers.
- Ratan Tata, who took over the Tata Group and emphasized globalization, growing revenues manifold under his leadership.
- Anil Naik, who joined L&T as a junior engineer and transformed it into a $16 billion group during his time as chairman.
- Aditya Puri, who quit Citibank to establish HDFC Bank and focused on evaluated customers over credit offers and loans.
- Akhil Gupta, who helped
Azim Hashim Premji was born in 1945 in Mumbai, India. He had to leave his engineering studies to take over his father's company, Western India Products, after his father's sudden death in 1966. Under Premji's leadership, Western India Products diversified into new industries and later became the IT company Wipro. Wipro was a pioneer in the Indian IT industry and was the first to achieve a high quality certification. Premji received several prestigious business awards and honors for his work and contributions.
Mukesh Ambani is the chairman and managing director of Reliance Industries Ltd, the largest private sector company in India. He has a net worth of $27 billion, making him the richest man in India and the 9th richest person in the world. Ambani believes in building businesses from scratch rather than acquiring existing companies. He has built Reliance into a global conglomerate with interests in energy, petrochemicals, communications and more. Some of Ambani's major achievements include constructing the world's largest oil refinery in India and serving on the boards of major international companies. Reliance Industries is now India's most valuable company and among the top private energy companies globally.
The document provides a biography of Achyuta Samanta, founder of Kalinga Institute of Social Sciences (KISS) in India. It details his early life growing up in poverty, his education receiving an MSc in Chemistry, and his work establishing KISS in 1993 with just 5000 rupees to provide free education, food, healthcare and accommodation to over 20,000 tribal children. It outlines the growth of KISS to become the largest institute in the world for tribal children's education. It also lists some of Samanta's many awards and recognitions for his work empowering underprivileged communities through education.
Mukesh Ambani is the Chairman and Managing Director of Reliance Industries Limited, the largest private sector company in India. He owns 44.7% of RIL, making him India's richest person and the second richest person in Asia. Ambani has retained his position as the richest Indian for five years in a row. He has extensive business experience growing RIL and leading initiatives such as the largest oil refinery in India. Ambani lives with his family in Antilia, the most expensive home in history valued at over $1 billion in Mumbai.
Anil Ambani is an Indian businessman who founded Reliance ADAG after splitting from his brother Mukesh Ambani's business empire. Some of his business interests include telecommunications, energy, and infrastructure. He is the chairman of Reliance Communications, one of India's largest telecom companies, and has a net worth of over $8 billion, making him one of the richest people in India.
Vijay Kamboj Mukesh Ambani, chairman and CEO of Reliance Industries, tops the list of India's best CEOs based on leadership, strategy, innovation, and performance. Ratan Tata, former chairman of the Tata Group, comes in third, having previously held the top spot for five years. The only woman on the top ten list is Chanda Kochhar, managing director and CEO of ICICI Bank, who ranks fifth.
10 Indian Personalities quiz (Anveshana 2014)Chetan Joshi
Deepindar Goyal is the founder of Zomato, an online restaurant discovery guide providing information on home delivery, dining out, cafes and nightlife in cities across 11 countries.
The best thing about life is that it presents us with an opportunity to learn something new everyday. And what better than learning from successful top Indian contemporary Leaders who have proved themselves by displaying excellent leadership qualities and can serve as excellent role models for us visit at http://kamyabology.cpm for best presentations for leadership training
The document provides a profile of Sriram Subramanya, founder and CEO of Integra Software Services. It details his educational and professional background, highlighting how he started the company in 1994 with just 5 employees and has grown it to over 1,100 employees with operations in the US, UK, and Spain. It also discusses Sriram's social responsibility work through the Sriram Charitable Trust, which supports healthcare, education, and rural development. Sriram and Integra have received numerous awards for their work in e-publishing, entrepreneurship, gender inclusion, and more.
Azim Premji is an Indian business tycoon and philanthropist who is the chairman of Wipro Limited, one of the global leaders in the software industry. He took over Wipro in 1966 after his father's death and diversified it from manufacturing cooking oil and soap to technology. Under his leadership, Wipro emerged as a major player in the global IT industry. Premji owns 73% of Wipro and has pledged to donate half his wealth to charity. He has received several prestigious awards for his business and philanthropic contributions.
Azim Premji is an Indian business tycoon and philanthropist who is currently the chairman of Wipro Limited. He took over as the CEO of Western India Vegetable Products in 1966 after his father's sudden death and transformed it into a $8.5 billion global IT company. Premji is considered a pioneer in the Indian IT industry and is the richest man in India according to Forbes, with a net worth of over $16 billion as of 2019. In 2001, he established the Azim Premji Foundation, which works towards improving primary education in India.
- Azim Premji took over his family's vegetable oil business, Wipro, at age 21 after his father's death in 1966. He transformed Wipro from a small vegetable oil company into one of the largest IT services companies in the world through ambitious expansion and diversification.
- Premji established a strong value system at Wipro focused on professionalism and believed values were important to achieving lasting success.
- Under Premji's leadership, Wipro grew to become one of the fastest growing and largest IT companies in the world, with Premji becoming the richest man in India from 1999-2005 according to Forbes.
Dr. Azim Hashim Premji is an Indian business tycoon and philanthropist who is currently the chairman of Wipro Limited. He was born in 1945 and is considered one of the most successful CEOs in India, transforming Wipro from a small cooking fat company into a $8 billion global IT company. He is also known for his immense philanthropic activities through the Azim Premji Foundation and Azim Premji University, with total donations estimated at $21 billion, making him one of the largest private donors in India.
The document provides an overview of Mukesh Ambani, the richest person in India and chairman of Reliance Industries Limited. It details his background, education, career history and role in building Reliance into the largest private sector company in India. It also summarizes Ambani's leadership style, corporate social responsibility initiatives, awards, and future plans to expand Reliance's operations into new sectors and technologies.
Dr. Azim Premji is an Indian business tycoon and philanthropist who is currently the chairman of Wipro Limited. He was born in 1945 and is considered the 3rd wealthiest person in India and the 41st richest man in the world according to Forbes. In the 1980s, Wipro entered the IT field after IBM exited the Indian market in 1975. Under Premji's leadership, Wipro grew from a $1.5 million company dealing in cooking fats to an over $6 billion corporation involved in software development, hardware manufacturing, and other industries. Premji has received several honors and awards for his work in business and philanthropy through his Azim Premji Foundation which focuses on education reform across several
This document profiles 5 top Indian entrepreneurs - Rahul Yadav of Housing.com, Sameer Maheshwari of Healthkart.com, Bhavish Aggarwal of Ola Cabs, Vijay Shekhar Sharma of Paytm, and Pranay Chulet of Quikr. It discusses their educational backgrounds and how they started their respective companies to address problems in the Indian market. For each entrepreneur, it provides details about the challenges they faced and successes they achieved in building their companies.
This document lists and provides details on the top 10 highest paid CEOs in India in 2010-11 and 2011-12. Naveen Jindal of Jindal Steel and Power Limited topped the list both years with salaries of Rs. 67.21 crore and Rs. 73.42 crore respectively. In second place both years were Kalanithi Maran of Sun Group and his wife Kavery Kalanithi, with salaries of Rs. 64.40 crore and Rs. 57.01 crore. Kumar Mangalam Birla of Aditya Birla Group came third both years, earning Rs. 47.12 crore and Rs. 47.11 crore.
The document provides information on the highest paid CEOs in India in 2008, including their names, ages, remuneration amounts, positions, companies/groups, and brief backgrounds. It profiles 13 CEOs, including Anil Ambani of Reliance ADAG, Mukesh Ambani of Reliance Industries, Kumar Mangalam Birla of Aditya Birla Group, and Sunil Bharti Mittal of Bharti Enterprises. The CEOs represented industries such as telecommunications, steel, cement, healthcare, and tires. Their remuneration amounts for 2008 ranged from Rs. 15.54 crore to Rs. 48.01 crore.
Wipro appointed Girish Paranjpe and Suresh Vaswani as co-CEOs in 2008 in order to take advantage of their complementary skills and experiences. While industry experts were skeptical of the co-CEO model, Wipro believed two leaders could work well together given their long tenure at the company. However, some concerns included potential power struggles or the company being pulled in different directions. Experts were mixed in their opinions on whether the co-CEO structure would succeed, with some noting potential benefits from collective leadership but others pointing to issues that could arise without a clear single leader.
The document discusses CEO remuneration in India and internationally. It notes that average CEO salary in India is Rs. 3.3 million per year, while in the US it is $748,805. The highest paid CEOs in India make over Rs. 50 crore annually. CEO pay includes salary, bonuses, stock options, and other compensation. Boards of directors are responsible for setting CEO pay but there are debates around whether CEOs are overpaid and if high pay is linked to company and stock performance. Transparent reporting of CEO compensation is important for good corporate governance.
This document discusses CEO remuneration in India. It provides an overview of corporate governance and compensation components. It then lists the highest and lowest paid CEOs in India in 2013-2014. On average, CEOs in India earn 3.3 million rupees per year. The document discusses factors that influence CEO pay such as experience, location, and related job salaries. It also discusses issues around pay inequity, pay for performance, and efforts to reform compensation.
A company offer a competitive compensation arrangement in order to attract, retain, and motivate a qualified CEO to manage the organization.
This Quick Guide examines the elements of executive compensation and the process by which the compensation committee establishes pay packages.
It examines the questions:
• What is the purpose of a compensation program?
• How do boards structure pay?
• What is the difference between expected, earned, and realized pay?
• How much do CEOs make?
• Are CEOs paid the “right” amount?
For an expanded discussion, see Corporate Governance Matters: A Closer Look at Organizational Choices and Their Consequences (Second Edition) by David Larcker and Brian Tayan (2015): http://www.gsb.stanford.edu/faculty-research/books/corporate-governance-matters-closer-look-organizational-choices
Buy This Book: http://www.ftpress.com/store/corporate-governance-matters-a-closer-look-at-organizational-9780134031569
For permissions to use this material, please contact: E: corpgovernance@gsb.stanford.edu
Copyright 2015 by David F. Larcker and Brian Tayan. All rights reserved.
This document summarizes an analysis of executive compensation through various ethical frameworks and a case study on AIG. It discusses how executive pay has increased over time compared to average workers. While compensation is meant to incentivize performance, studies show pay is often not linked to returns. The document analyzes stakeholder perspectives and applies utilitarianism, justice theories, and ethics of care. It examines the AIG bonus scandal where executives received large payouts despite losses, and the public outrage this caused. Recommendations include linking pay to long-term performance and increasing shareholder say on compensation.
Mukesh Ambani is the chairman and managing director of Reliance Industries Ltd, the largest private sector company in India. He has a net worth of $27 billion, making him the richest man in India and the 9th richest person in the world. Ambani believes in building businesses from scratch rather than acquiring existing companies. He has built Reliance into a global conglomerate with interests in energy, petrochemicals, communications and more. Some of Ambani's major achievements include constructing the world's largest oil refinery in India and serving on the boards of major international companies. Reliance Industries is now India's most valuable company and among the top private energy companies globally.
The document provides a biography of Achyuta Samanta, founder of Kalinga Institute of Social Sciences (KISS) in India. It details his early life growing up in poverty, his education receiving an MSc in Chemistry, and his work establishing KISS in 1993 with just 5000 rupees to provide free education, food, healthcare and accommodation to over 20,000 tribal children. It outlines the growth of KISS to become the largest institute in the world for tribal children's education. It also lists some of Samanta's many awards and recognitions for his work empowering underprivileged communities through education.
Mukesh Ambani is the Chairman and Managing Director of Reliance Industries Limited, the largest private sector company in India. He owns 44.7% of RIL, making him India's richest person and the second richest person in Asia. Ambani has retained his position as the richest Indian for five years in a row. He has extensive business experience growing RIL and leading initiatives such as the largest oil refinery in India. Ambani lives with his family in Antilia, the most expensive home in history valued at over $1 billion in Mumbai.
Anil Ambani is an Indian businessman who founded Reliance ADAG after splitting from his brother Mukesh Ambani's business empire. Some of his business interests include telecommunications, energy, and infrastructure. He is the chairman of Reliance Communications, one of India's largest telecom companies, and has a net worth of over $8 billion, making him one of the richest people in India.
Vijay Kamboj Mukesh Ambani, chairman and CEO of Reliance Industries, tops the list of India's best CEOs based on leadership, strategy, innovation, and performance. Ratan Tata, former chairman of the Tata Group, comes in third, having previously held the top spot for five years. The only woman on the top ten list is Chanda Kochhar, managing director and CEO of ICICI Bank, who ranks fifth.
10 Indian Personalities quiz (Anveshana 2014)Chetan Joshi
Deepindar Goyal is the founder of Zomato, an online restaurant discovery guide providing information on home delivery, dining out, cafes and nightlife in cities across 11 countries.
The best thing about life is that it presents us with an opportunity to learn something new everyday. And what better than learning from successful top Indian contemporary Leaders who have proved themselves by displaying excellent leadership qualities and can serve as excellent role models for us visit at http://kamyabology.cpm for best presentations for leadership training
The document provides a profile of Sriram Subramanya, founder and CEO of Integra Software Services. It details his educational and professional background, highlighting how he started the company in 1994 with just 5 employees and has grown it to over 1,100 employees with operations in the US, UK, and Spain. It also discusses Sriram's social responsibility work through the Sriram Charitable Trust, which supports healthcare, education, and rural development. Sriram and Integra have received numerous awards for their work in e-publishing, entrepreneurship, gender inclusion, and more.
Azim Premji is an Indian business tycoon and philanthropist who is the chairman of Wipro Limited, one of the global leaders in the software industry. He took over Wipro in 1966 after his father's death and diversified it from manufacturing cooking oil and soap to technology. Under his leadership, Wipro emerged as a major player in the global IT industry. Premji owns 73% of Wipro and has pledged to donate half his wealth to charity. He has received several prestigious awards for his business and philanthropic contributions.
Azim Premji is an Indian business tycoon and philanthropist who is currently the chairman of Wipro Limited. He took over as the CEO of Western India Vegetable Products in 1966 after his father's sudden death and transformed it into a $8.5 billion global IT company. Premji is considered a pioneer in the Indian IT industry and is the richest man in India according to Forbes, with a net worth of over $16 billion as of 2019. In 2001, he established the Azim Premji Foundation, which works towards improving primary education in India.
- Azim Premji took over his family's vegetable oil business, Wipro, at age 21 after his father's death in 1966. He transformed Wipro from a small vegetable oil company into one of the largest IT services companies in the world through ambitious expansion and diversification.
- Premji established a strong value system at Wipro focused on professionalism and believed values were important to achieving lasting success.
- Under Premji's leadership, Wipro grew to become one of the fastest growing and largest IT companies in the world, with Premji becoming the richest man in India from 1999-2005 according to Forbes.
Dr. Azim Hashim Premji is an Indian business tycoon and philanthropist who is currently the chairman of Wipro Limited. He was born in 1945 and is considered one of the most successful CEOs in India, transforming Wipro from a small cooking fat company into a $8 billion global IT company. He is also known for his immense philanthropic activities through the Azim Premji Foundation and Azim Premji University, with total donations estimated at $21 billion, making him one of the largest private donors in India.
The document provides an overview of Mukesh Ambani, the richest person in India and chairman of Reliance Industries Limited. It details his background, education, career history and role in building Reliance into the largest private sector company in India. It also summarizes Ambani's leadership style, corporate social responsibility initiatives, awards, and future plans to expand Reliance's operations into new sectors and technologies.
Dr. Azim Premji is an Indian business tycoon and philanthropist who is currently the chairman of Wipro Limited. He was born in 1945 and is considered the 3rd wealthiest person in India and the 41st richest man in the world according to Forbes. In the 1980s, Wipro entered the IT field after IBM exited the Indian market in 1975. Under Premji's leadership, Wipro grew from a $1.5 million company dealing in cooking fats to an over $6 billion corporation involved in software development, hardware manufacturing, and other industries. Premji has received several honors and awards for his work in business and philanthropy through his Azim Premji Foundation which focuses on education reform across several
This document profiles 5 top Indian entrepreneurs - Rahul Yadav of Housing.com, Sameer Maheshwari of Healthkart.com, Bhavish Aggarwal of Ola Cabs, Vijay Shekhar Sharma of Paytm, and Pranay Chulet of Quikr. It discusses their educational backgrounds and how they started their respective companies to address problems in the Indian market. For each entrepreneur, it provides details about the challenges they faced and successes they achieved in building their companies.
This document lists and provides details on the top 10 highest paid CEOs in India in 2010-11 and 2011-12. Naveen Jindal of Jindal Steel and Power Limited topped the list both years with salaries of Rs. 67.21 crore and Rs. 73.42 crore respectively. In second place both years were Kalanithi Maran of Sun Group and his wife Kavery Kalanithi, with salaries of Rs. 64.40 crore and Rs. 57.01 crore. Kumar Mangalam Birla of Aditya Birla Group came third both years, earning Rs. 47.12 crore and Rs. 47.11 crore.
The document provides information on the highest paid CEOs in India in 2008, including their names, ages, remuneration amounts, positions, companies/groups, and brief backgrounds. It profiles 13 CEOs, including Anil Ambani of Reliance ADAG, Mukesh Ambani of Reliance Industries, Kumar Mangalam Birla of Aditya Birla Group, and Sunil Bharti Mittal of Bharti Enterprises. The CEOs represented industries such as telecommunications, steel, cement, healthcare, and tires. Their remuneration amounts for 2008 ranged from Rs. 15.54 crore to Rs. 48.01 crore.
Wipro appointed Girish Paranjpe and Suresh Vaswani as co-CEOs in 2008 in order to take advantage of their complementary skills and experiences. While industry experts were skeptical of the co-CEO model, Wipro believed two leaders could work well together given their long tenure at the company. However, some concerns included potential power struggles or the company being pulled in different directions. Experts were mixed in their opinions on whether the co-CEO structure would succeed, with some noting potential benefits from collective leadership but others pointing to issues that could arise without a clear single leader.
The document discusses CEO remuneration in India and internationally. It notes that average CEO salary in India is Rs. 3.3 million per year, while in the US it is $748,805. The highest paid CEOs in India make over Rs. 50 crore annually. CEO pay includes salary, bonuses, stock options, and other compensation. Boards of directors are responsible for setting CEO pay but there are debates around whether CEOs are overpaid and if high pay is linked to company and stock performance. Transparent reporting of CEO compensation is important for good corporate governance.
This document discusses CEO remuneration in India. It provides an overview of corporate governance and compensation components. It then lists the highest and lowest paid CEOs in India in 2013-2014. On average, CEOs in India earn 3.3 million rupees per year. The document discusses factors that influence CEO pay such as experience, location, and related job salaries. It also discusses issues around pay inequity, pay for performance, and efforts to reform compensation.
A company offer a competitive compensation arrangement in order to attract, retain, and motivate a qualified CEO to manage the organization.
This Quick Guide examines the elements of executive compensation and the process by which the compensation committee establishes pay packages.
It examines the questions:
• What is the purpose of a compensation program?
• How do boards structure pay?
• What is the difference between expected, earned, and realized pay?
• How much do CEOs make?
• Are CEOs paid the “right” amount?
For an expanded discussion, see Corporate Governance Matters: A Closer Look at Organizational Choices and Their Consequences (Second Edition) by David Larcker and Brian Tayan (2015): http://www.gsb.stanford.edu/faculty-research/books/corporate-governance-matters-closer-look-organizational-choices
Buy This Book: http://www.ftpress.com/store/corporate-governance-matters-a-closer-look-at-organizational-9780134031569
For permissions to use this material, please contact: E: corpgovernance@gsb.stanford.edu
Copyright 2015 by David F. Larcker and Brian Tayan. All rights reserved.
This document summarizes an analysis of executive compensation through various ethical frameworks and a case study on AIG. It discusses how executive pay has increased over time compared to average workers. While compensation is meant to incentivize performance, studies show pay is often not linked to returns. The document analyzes stakeholder perspectives and applies utilitarianism, justice theories, and ethics of care. It examines the AIG bonus scandal where executives received large payouts despite losses, and the public outrage this caused. Recommendations include linking pay to long-term performance and increasing shareholder say on compensation.
This document provides biographical information on several prominent Indian business leaders:
- Lakshmi Mittal, the richest Indian and chairman of ArcelorMittal, a global steel maker. He started his career in Indonesia and acquired steel plants around the world.
- Nandan Nilekani, co-founder and CEO of Infosys, one of India's largest IT companies.
- Azim Premji, chairman of Wipro which he transformed from an oil company into a major global IT firm.
- Sunil Mittal, founder of Bharti Enterprises and chairman of Bharti Airtel, India's largest mobile network. He pioneered the mobile industry in India.
"Single WORD or IDEA can change the WORLD"
Best stories of Leaderships, Entrepreneurship, Indian’s top startups of famous personalities from different professions that have change the world.
- Bill Gates
- Bhavish Aggarwal
- Ritesh Aggarwal
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Please find interesting facts about famous successful persons in different different fields with video story.
The document profiles several prominent Indian entrepreneurs including Ghanshyam Das Birla, JRD Tata, Adi Godrej, Dhirubhai Ambani, Azim Premji, Laxmi Narayan Mittal, M.S. Oberoi, Rahul Bajaj, Sunil Bharti Mittal, and Mukesh Ambani. It discusses their business achievements and contributions to transforming India's economy through industrialization and globalization.
The document provides brief profiles of several prominent Indian business leaders, highlighting their accomplishments and leadership qualities. It describes how some leaders such as JRD Tata, Rahul Bajaj, and Ratan Tata built successful businesses upholding high ethics and values. Others like Kumaramangalam Birla, Gautam Singhania, and Kishore Biyani overcame challenges to establish thriving enterprises. The profiles showcase the vision, resilience, and success of these individuals in developing Indian industry.
Gautam Adani is a founder of Adani Group, an Ahmedabad multinational cooperation involved in ports and operations in India. As a teenager, Adani worked sorting diamonds and in 1981, his brother bought a plastics unit which became Adani's gateway to global trading. In 1991, he started expanding into trading metals, textiles, and agro products. Adani won the world's largest solar bid worth $6 billion in 2020 and acquired a 74% stake in Mumbai International Airport in 2020. He became Asia's richest person in 2022, surpassing Mukesh Ambani.
The document discusses entrepreneurship and provides information on various entrepreneurs. It can be summarized as follows:
1) It defines entrepreneurship and discusses key characteristics of entrepreneurs such as taking risks, innovating, and exploiting opportunities. 2) It profiles several famous Indian entrepreneurs like Lakshmi Mittal, Nandan Nilekani, Azim Premji, and others who have founded successful businesses. 3) It also discusses different types of entrepreneurs and the stages of entrepreneurial process from identifying opportunities to managing enterprises.
The document outlines a vision for MBAs, stating that they must have the best capabilities for creating wealth ethically and adopting good corporate governance to benefit all stakeholders. It also states MBAs should be willing to share profits with society through corporate social responsibility initiatives and contribute to building a great nation of happiness and peace. Examples are given of leaders who created wealth through vision and various social and economic challenges facing India are presented, emphasizing the role professionals can play in addressing them.
Dhirubhai Ambani was born in 1932 in Gujarat, India. He moved to Yemen at age 16 and worked as a clerk before starting an oil company. In 1966, Ambani returned to India and founded Reliance Industries with Rs. 15,000, growing it into India's largest private company with interests in petrochemicals, energy, telecommunications and more. Ambani pioneered equity investment in India and helped millions become stockholders. He passed away in 2002 after building an immense business empire from humble beginnings through hard work and innovation.
This document provides biographical information about Gita Piramal, the author of the book "Business Maharajas". Piramal has a PhD in business history and has written extensively on Indian business for over 18 years. She has been involved in television programs on Indian business for BBC and other channels. Piramal is married to an industrialist and divides her time between Mumbai and London. The document provides publishing information for the book "Business Maharajas" and notes that it is copyrighted to Gita Piramal in 1996.
The document provides an overview of Mahindra and Mahindra Ltd., an Indian multinational conglomerate. It discusses how the company was founded in 1945 and has since grown significantly and diversified into multiple industries. It details Mahindra's expansion strategies including diversifying into new business sectors and geographic markets. The company now operates through over 100 subsidiaries and joint ventures across 11 business sectors globally such as automotive, IT, infrastructure, and financial services.
Uday Kotak and Kunal Bahl were selected as the Business Leader of the Year and Entrepreneur of the Year respectively for building successful businesses in India despite facing challenges. Hindustan Unilever won the Company of the Year award for its size, track record, and ability to perform well in difficult markets. Nikesh Arora of SoftBank won the Global Indian award for his work in investing in and mentoring Indian startups. Amitabh Kant was selected as the Policy Change Agent for his work efficiently driving policy changes as a bureaucrat.
This document provides biographical information about the author of the book Business Maharajas, Gita Piramal. It states that Piramal has a PhD in business history and has written extensively on business topics in India for over 18 years. It notes that she has been involved in television programs on Indian business for BBC and other channels. It also provides brief personal details about Piramal, mentioning that she is married to industrialist Dilip Piramal and they have two daughters. The document concludes by listing the international publishing houses that have published Piramal's book Business Maharajas.
AV Birla Group - A comprehensive Study of the evolution of the company.Somak Ghosh
This was presented in the STM class (Strategic Management) in XIMB. This presentation is an information heavy presentation about the evolution of the AV Birla Group in the history of Indian market place. It talks about the investments, divestments, and the current position of the group - and encompasses the origin of the brand as well.
The Aditya Birla Group is known for its integrity, commitment, passion, seamlessness, and speed in delivering superior value to customers, shareholders, employees, and society. It operates schools and hospitals that serve thousands of people in rural areas. The group is a global conglomerate with operations in 33 countries and is a world leader in industries like aluminum, cement, carbon black, telecom, and retail. The group's roots date back to the 19th century when it was founded by Seth ShivNarayan Birla. It was further expanded in the 20th century by Ghanshyamdas Birla and AdityaVikram Birla, who took the group global in the 1960s.
A.M. Naik has had a long and successful career leading the engineering company Larsen & Turbo. He joined the company in 1965 and steadily rose through the ranks, becoming CEO in 1999 and Chairman in 2003. Under his leadership, L&T expanded globally and became a top engineering and construction conglomerate in India and worldwide. Naik has received many honors and awards for his business and social contributions. He is considered one of the most influential entrepreneurs in India for transforming L&T into a global leader through his dedication and vision.
Men of steel motivates students to achieve their goal.
This is about 11 businessmen of india who has touched the sky with their own values and principle.
Kumar Mangalam Birla took over his father's business empire worth Rs. 8,000 crores after his death in 1995 and has transformed it into a Rs. 34,000 crore business through strategic acquisitions and investments. He has expanded the Birla group's operations globally and diversified into various industries including metals, cement, textiles, telecom, and financial services. Despite initial doubts about his ability to manage the large conglomerate, Birla proved his critics wrong through professionalizing operations and focusing on high growth areas. He currently chairs one of India's largest business groups with over $40 billion in revenue and over 130,000 employees worldwide.
The document profiles several prominent business families in India, including their founders, companies, turnover, and management structures. It discusses the GMR Group founded by Grandhi Mallikarjuna Rao with interests in infrastructure and airports. It also profiles the Adani Group founded by Gautam Adani with interests in ports, power, and agriculture. It summarizes Capt. G.R. Gopinath's aviation companies Deccan 360 and Deccan Charters. Additionally, it outlines Deepak Puri's Moser Baer India and its transition to solar energy. Finally, it discusses the Balaji Group founded by Jeetendra Kapoor focused on television and film.
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[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Unlock the full potential of the MECE (Mutually Exclusive, Collectively Exhaustive) Principle with this comprehensive PowerPoint deck. Designed to enhance your analytical skills and strategic decision-making, this presentation guides you through the fundamental concepts, advanced techniques, and practical applications of the MECE framework, ensuring you can apply it effectively in various business contexts.
The MECE Principle, developed by Barbara Minto, an ex-consultant at McKinsey, is a foundational tool for structured thinking. Minto is also renowned for the Minto Pyramid Principle, which emphasizes the importance of logical structuring in writing and presenting ideas. This presentation includes a clear explanation of the MECE principle and its significance. It offers a detailed exploration of MECE concepts and categories, highlighting how to create mutually exclusive and collectively exhaustive segments. You will learn to combine MECE with other powerful business frameworks like SWOT, Porter's Five Forces, and BCG Matrix. Discover sophisticated methods for applying MECE in complex scenarios and enhancing your problem-solving abilities. The deck also provides a step-by-step guide to performing thorough and structured MECE analyses, ensuring no aspect is overlooked. Insider tips are included to help you avoid common mistakes and optimize your MECE applications.
The presentation features illustrative examples from various industries to show MECE in action, providing practical insights and inspiration. It includes engaging group activities designed for the practice of the MECE principle, fostering collaborative learning and application. Key takeaways and success factors for mastering the MECE principle and applying it in your professional work are also covered.
The MECE Principle presentation is meticulously designed to provide you with all the tools and knowledge you need to master the MECE principle. Whether you're a business analyst, manager, or strategist, this presentation will empower you to deliver insightful and actionable analysis, drive better decision-making, and achieve outstanding results.
LEARNING OBJECTIVES:
1. Understand the MECE Principle
2. Improve Analytical Skills
3. Apply MECE Framework
4. Enhance Decision-Making
5. Optimize Resource Allocation
6. Facilitate Strategic Planning
Cover Story - China's Investment Leader - Dr. Alyce SUmsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
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Enabling Digital Sustainability by Jutta EcksteinJutta Eckstein
This is a New Zealand wide meetup event with meetup groups from Auckland, Wellington and Christchurch attending and open to anyone with an interest in digital sustainability or agile. All welcome. Joke, this is how it started. Jutta is now also available in Germany, i.e. hosted by Berlin/Brandenburg
According to the World Economic Forum, digital technologies can help reduce global carbon emissions by up to 15%. However, digitalization also comes with some challenges. Thus, if we want to make a positive impact by increasing sustainability, we need to address challenges like the digital divide, energy consumption of IT, or the rise of electronic waste. In this talk, I want to explore how Agile can help to leverage Digital Sustainability.
Adani Group's Active Interest In Increasing Its Presence in the Cement Manufa...Adani case
Time and again, the business group has taken up new business ventures, each of which has allowed it to expand its horizons further and reach new heights. Even amidst the Adani CBI Investigation, the firm has always focused on improving its cement business.
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L'indice de performance des ports à conteneurs de l'année 2023SPATPortToamasina
Une évaluation comparable de la performance basée sur le temps d'escale des navires
L'objectif de l'ICPP est d'identifier les domaines d'amélioration qui peuvent en fin de compte bénéficier à toutes les parties concernées, des compagnies maritimes aux gouvernements nationaux en passant par les consommateurs. Il est conçu pour servir de point de référence aux principaux acteurs de l'économie mondiale, notamment les autorités et les opérateurs portuaires, les gouvernements nationaux, les organisations supranationales, les agences de développement, les divers intérêts maritimes et d'autres acteurs publics et privés du commerce, de la logistique et des services de la chaîne d'approvisionnement.
Le développement de l'ICPP repose sur le temps total passé par les porte-conteneurs dans les ports, de la manière expliquée dans les sections suivantes du rapport, et comme dans les itérations précédentes de l'ICPP. Cette quatrième itération utilise des données pour l'année civile complète 2023. Elle poursuit le changement introduit l'année dernière en n'incluant que les ports qui ont eu un minimum de 24 escales valides au cours de la période de 12 mois de l'étude. Le nombre de ports inclus dans l'ICPP 2023 est de 405.
Comme dans les éditions précédentes de l'ICPP, la production du classement fait appel à deux approches méthodologiques différentes : une approche administrative, ou technique, une méthodologie pragmatique reflétant les connaissances et le jugement des experts ; et une approche statistique, utilisant l'analyse factorielle (AF), ou plus précisément la factorisation matricielle. L'utilisation de ces deux approches vise à garantir que le classement des performances des ports à conteneurs reflète le plus fidèlement possible les performances réelles des ports, tout en étant statistiquement robuste.
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AI Transformation Playbook: Thinking AI-First for Your BusinessArijit Dutta
I dive into how businesses can stay competitive by integrating AI into their core processes. From identifying the right approach to building collaborative teams and recognizing common pitfalls, this guide has got you covered. AI transformation is a journey, and this playbook is here to help you navigate it successfully.
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Revolutionizing Surface Protection Xlcoatings Nano Based SolutionsExcel coatings
Excelcoating Transforming surface protection with their cutting-edge, eco-friendly nano-based coatings. This presentation delves into their innovative product lineup, including Excel CoolCoat for roof cooling, Excel NanoSeal for cement surfaces, Excel StayCool for UV-filtering glass, Excel StayClean for solar panels, Excel CoolTile for heat-reflective tiles, and Excel InsulX for film insulation.
2. Ratan Tata
Rank-1
Chairman, Tata Sons
Also known as: India's 'most eligible bachelor', even at 75
Theatre of Operations: IT, Communications, Engineering, Materials,
Chemicals, Services, Consumer Products, Energy - all with global footprints
Did you know that: Upon graduating, he turned down an offer from IBM on
the advice of JRD Tata
Started his career with: Tata Steel, on the shopfloor
Leadership style: Aloof and understated, but always on the ball
Favourite Allies: His German Shepherds
Famous Quote: "I don't believe in taking right decisions. I take decisions
and then make them right"
Thorn in his side: His connection with the 2G spectrum scam
If he weren't leading a $71 billion conglomerate, he'd be: Flying planes
Family: Brother Jimmy, half-brother Noel and three half-sisters
Latest project: Pouring $15 million into a project researching water as fuel
Exit Strategy: Cyrus Pallonji Mistry will take charge from December 2012
Farewell Note: This will be RNT's last appearance on CD's 'Most Powerful
CEO' list
www.mimts.org
3. Rank-2
Mukesh D. Ambani
Chairman & Managing Director, Reliance Industries
Theatre of Operations: Petroleum, petrochemicals, textiles and retail
Bragging rights: The second-richest man in Asia, he heads the largest Indian
private sector conglomerate. Also, owner of the second-richest sports club in
the world (Mumbai Indians), according to Forbes
It's in his genes: Thinks scale, like his father, the late Dhirubhai Ambani
Started his career with: Reliance Industries (RIL)
Leadership style: Relationship-based, entrepreneurial
Family: Husband to Nita, father to Akash, Anant and Isha
Famous Quote: "The organisational architecture is really that a centipede
walks on hundred legs and one or two don't count. So if I lose one or two legs,
the process will go on, the organisation will go on, the growth will go on.
Thorn In His Side: Several big-ticket RIL proposals are stuck at the
petroleum ministry helmed by S Jaipal Reddy
Cool Friend: Anand Jain
Big indulgence: Antilia, the $2billion home he's built on Altamount Road,
Mumbai
www.mimts.org
4. Kumar Mangalam Birla
Rank-3
Chairman, Aditya Birla Group
Theatre of Operations: At 43, the Chairman of the $35 billion Aditya Birla
Group, has his hands full with a business that traverses almost every sector
from retail to financial services and brands such as Hindalco, Ultratech
Cement and Idea Cellular in his quiver
First Steps: Scion of the Birla family, he took over as Chairman of the group
after the sudden demise of his father, Aditya Birla, in 1995
Bugbear: Telecom Regulatory Authority of India's (TRAI) recommendations
on the auction of 2G radio waves. He holds that at the base price
recommended by TRAI, it did not make sense for anyone to participate in the
bids
Bragging Rights: At 28, he became the youngest Indian to chair a multi-
billion dollar conglomerate and has successfully steered the highly diversified
AV Birla ship through thick and thin
Power Buddies: Ratan Tata, Sanjeev Goenka
Famous Quote: "Tough times don't last, tough people do"
Preferred Gulp: Diet Coke
Little Known Fact: He learnt how to shoot with a rifle three years ago and is
now shooting with the camera
When not working: Family and movies
www.mimts.org
5. Azim Hashim Premji
Rank-4
Chairman, Wipro
Started his career with: Wipro, whose reins he took after dropping out of Stanford at
21, following the sudden demise of his father (he completed his degree over 30 years
later). At that time, Wipro made hydrogenated cooking fat.
Famous quote: "As you get bigger, you have to delegate. It's also an excellent way to get
staff involved in the company's operations. "
Big bet that didn't pay: Three years after appointing two CEOs to navigate Wipro, the
duo was suddenly removed and replaced.
Bet that might pay: All recent announcements are headlined by his son and chief
strategy officer Rishad Premji, signaling a possible powershift
Icon: JRD Tata
Act of do-goodery: Transferred 8.6% of his stake in the company worth about Rs 8,646
crore to theAzim Premji Foundation. This is the biggest act of individual philanthropy in
India
Leadership style: Knows every small detail of his businesses, but does not interfere with
everyday operations of the various independent business heads
Family ties: Husband to Yasmeen, father to Rishad and Tariq
Bugbear: The blatant rise in corruption in India. Premji was a signatory to an open letter
to Indian leaders questioning the current state of affairs
Little known fact: Wipro is the second-largest hydraulic cylinder company in the world
When not working: Enjoys trekking and loves watching movies; he often turns to his
senior executives for recommendations
Recent Accolade: Was awarded the Padma Vibhushan in 2011
www.mimts.org
6. Rank-5
Chanda Kochhar
Managing Director & Chief Executive Officer, ICICI Bank
Started her career with: ICICI Bank, straight out of B-school
Bragging Rights: A regular fixture on Global 'Most Powerful Women'
lists since 2005
Bugbear: HDFC overtaking ICICI as the valued private bank in India
Accolade: Conferred the Padma Bhushan in 2010
Leadership Style: Meticulous, demands excellence
Famous Quote: "Demands do not go up or down - they are constantly
there. Often, you feel you are doing too much."
As a child: Wanted to be an IAS Officer
Little known fact: Used to read the Satyanarayan Katha everyday.
Now reads it fortnightly because of time constraints.
Stressbuster: The latest Hindi movies with the family.
Family ties: Husband Deepak, children Aarti and Arjun
www.mimts.org
7. Rank-6
Deepak Parekh
Chairman, HDFC
Theatre of Operations: India's leading home finance company
First Job: Ernst & Young, New York
Accolade: Padma Bhushan awardee in 2006
Bugbear: The delayed infrastructure development in the country
Personal Icons: Warren Buffet, Peter Drucker
Activism: Has been a vocal critic of the government, writing two
open letters on the governance deficit and policy paralysis in the
past year itself
Famous Quote: "You can't manufacture culture. Culture builds in an
organisation over a period of time. And the tone at the top must be
integrity and value systems."
Bitten By: Chocolate-covered biscuits
Stressbuster: Hindi music, bridge and Wimbledon
Little known fact: Hosts one of Mumbai's best-attended Christmas
brunches
www.mimts.org
8. AM Naik
Rank-7
Chairman & Managing Director, Larsen & Toubro
Theatre of Operations: A $11billion engineering and construction powerhouse
that covers everything from nuclear power to switchgears
First Job: Nestor Boilers
Role model: His father, a freedom fighter and schoolteacher
Leadership Style: Works hard and expects everyone else to do so. Will not
tolerate mediocrity
Big Transition: Steps away from active management to overseeing long-term
strategic initiatives
Advocates: Meritocracy over seniority
Diplomatic Coup: Honorary Consul General for Denmark
Workaholic: Never took a day off for the first 21 years of his career
Life outside L&T: Expanding his old school in Kharel, Gujarat. Been appointed
director of IIM-A
Hidden talent: Is a skilled artist
Famous Quote: "L&T is my hobby, the rest is work."
Guilty pleasure: Desserts
www.mimts.org
9. Rank-8
Anand G Mahindra
Vice Chairman & Managing Director, Mahindra Group
Theatre of Operations: A $12.5 billion conglomerate spanning auto,
IT and timeshare resorts
First Love: Mahindra majored in films and photography before getting
his MBA from Harvard
Bragging Rights: Turning around the scam-hit Satyam Computers
after acquiring it three years ago
Rocky Road: The company has had a less than successful track record
with joint ventures over the years
Culturally Connect: Behind India's first Blues Festival and actively
promotes theatre and sports as well
Famous Quote: There is a degree of freedom that creates aspiration
Social Connect: One of India Inc's most active CEOs on Twitter, with
close to 5 lakh followers
Notable Firsts: Mahindra Racing is the first Indian team to
participate in the MotoGP
Most likely to be seen: Training for the Mumbai marathon or
indulging in his new hobby, sailing
www.mimts.org
10. Adi Godrej
Rank-9
Chairman, Godrej Group
Theatre of Operations: Has a footprint in almost all emerging economies
Green Thumb: Developed a green business campus in Vikhroli, Mumbai covering
150 acres of mangroves. Set up the Soonabai Pirojsha Godrej Marine Ecology
Center
Cool Toys: A 60-foot Ferretti yacht
Travel bug: Has been to over 70 countries and will try and fit in extensive
sightseeing even if he's on a work trip
On weekends: Can be seen jet skiing or indulging in water sports with his
grandchildren
Powerful Friends: Anil Ambani
Act of do-goodery: Key supporter of the World Wildlife Fund in India; also
involved with several philanthropic activities
Bugbear: The snail's pace at which reforms are progressing. Hopes to bring about
some change as CII President this year
On CSR: "It is giving back to society and helping society get better so that your
business ultimately flourishes even better in the long term."
Family Ties: Wife Parmeshwar, children Tanya, Nisa and Pirojsha, two grandkids
www.mimts.org
11. Kundapur Vaman Kamath
Rank-10
Chairman, Infosys Ltd. & non-executive Chairman of ICICI Bank
Theatre of Operations: KV Kamath wears many hats - Chairman of Infosys, the second-
largest IT services company in India; non-executive Chairman of ICICI Bank, India's
largest private bank where he served as MD and CEO from 1996 to 2009; also,
independent director of Houston-based oil services company Schlumberger
Started his career with: In 1971 with ICICI in the Project Finance division and moved on
to different departments to gather rich and varied experience, which included setting up
of new businesses, such as leasing, venture capital, credit rating as well as handling general
management positions
Bugbear: For several quarters in a row, Infosys' sequential sales and operating profit
growth have lagged its rivals, including Tata Consultancy Services, Cognizant and HCL
Technologies
Bragging Rights: In less than ten years, KV Kamath has built so much trust around ICICI
Bank that a large number of respondents in sundry banking-related surveys mistake it for
a public sector undertaking. Besides, KVK is known as a mentor par excellence having
groomed the likes of the current MD & CEO of ICICI Bank Chanda Kocchar, MD & CEO of
Axis Bank Shikha Sharma, CEO of JP Morgan India Kalpana Morparia, MD of Future
Capital V Vaidyanathan and a host of others
Power Buddies: Mukesh Ambani, NR Narayana Murty
Famous Quote: "To build a successful business, you have to be able to pick entrepreneurs
very early and get them embedded into the business. They need to go out into the
ecosystem, demonstrate their abilities, nurture the business and build it up"
Family Ties: Husband to Rajalaxmi; father to son Ajay and daughter Ajnya; grandfather
to Nandan K Pai and Lakshman K Pai
Preferred Gulp: The occasional single malt
www.mimts.org
12. Methodology
The Economic Times, in partnership with IMRB
International, has been conducting comprehensive
surveys to ascertain the 'Most Powerful CEOs' of
India, for the past few years. The survey has
endeavored to identify the business leaders who are
well-recognised by people for their efforts in shaping
Corporate India.
www.mimts.org
13. Methodology…Contd.
The survey was conducted through a five step
process:
Collating the list of CEOs across sectors
Setting evaluation parameters
Calculating the parameter-scores
Free association & rating of CEOs on each evaluation
parameter
Ranking of CEOs at an overall level
www.mimts.org
14. Methodology…Contd.
The team at IMRB International was provided with a
list of CEOs, collated mainly from this year's ET 500
rankings as well as previous years' rankings of 'Most
Powerful CEOs' with relevant additions and removals
in line with the current corporate scenario. The aim
was to arrive at a final short-list of top 100 CEOs to
be crowned as the 'Most Powerful CEOs' of
corporate India for the current year.
www.mimts.org
15. Methodology…Contd.
The CEOs were then evaluated by corporate people in
senior/middle management roles on six important
parameters:
Leadership
Strategy & Innovation
Performance
Stature
Social Contribution/ Sustainability
Governance.
The respondents were from large companies selected by
referring to databases like the ET-500. The respondents
were requested to participate through an invite from The
Economic Times.
www.mimts.org
16. Methodology…Contd.
The corporate respondents were divided into sector-wise panels,
and each panel was invited to share their feedback on CEOs from
their sector.
In order to control respondent bias, we discounted the
respondent's opinions on his/ her own company's CEO.
The respondents were asked for their inputs using a small survey-
instrument, which could be self-administered or administered
face-to-face by seasoned interviewers.
The survey-instrument captured inputs on the respondent's CEO-
associations across each parameter. The respondents were also
invited to add one CEO (to the list) that he/she considers as most
powerful. This ensured that the opinion of the respondent was not
restricted to the given list of CEO's.
www.mimts.org
17. Process
The respondents were first asked to allocate points
to the six parameters, which would add up to a total
of 100. The points were allocated on the basis of
importance of each attribute as per their opinion.
This helped us to arrive at the sector-wise and
overall parameters-weights which were used in the
final analysis. For deriving the weights we considered
only those scores which were obtained from
management respondents belonging to the senior
corporate profiles, like the Vice President, Asst. Vice
President, General Manager and the like.
www.mimts.org
18. Process…Contd.
After determining the parameter-scores, we checked
for the respondent's familiarity with each of the
CEOs given in their specific survey-instrument.
For CEOs the respondent was adequately familiar
with, opinion on each parameter was captured using
the 'free association method' followed by a rating on
a 3-point association-scale. In this, respondents were
given a parameter and were then requested to
mention which of the CEOs in the list they associate
that parameter with. The respondents had the
freedom to associate as many CEOs that they felt
could be associated.
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19. Process…Contd.
Once they have associated the CEOs for that particular
parameter, they are then asked to rate each CEO on a
scale of 1 to 3, wherein 1 signifies a weak association, 2
signifies a moderate association and 3 signifies a strong
association. Then for each CEO a composite score was
calculated at a respondent level. Across respondents, the
sum of these composite scores gave us the power score
for the respective CEO. The higher the power score, the
higher the rank assigned to the CEO.
Finally, we obtained a cross-sector ranking of the CEOs.
For this, we indexed the scores for the CEOs across
sectors and thereby obtained the master list of top 100
CEOs.
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20. Suvendu Kr. Pratihari
Assistant Professor – Marketing
Mahendra Institute of Management and Technical
Studies
Bhubaneswar
Odisha, India
+91 933 777 3456
spratihari@mimts.org
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