Leader Is One Who Knows The Way, Goes The Way and Shows The Way
Leader Is One Who Knows The Way, Goes The Way and Shows The Way
Leader Is One Who Knows The Way, Goes The Way and Shows The Way
way, goes the way and shows the way JOHN C. MAXWELL
*LEADERS focus on inspiring their followers as well their subordinates so as to enhance their growth, inspire means "to breathe life into."
He is the man who changed the usual perception about a so called multinational company. Who is this multi-faceted personality? He is none other than Dr. Vijay Mallya
Born18 December 1955 The son of industrialist Vittal Mallya He was educated at La Martiniere Calcutta,
where he was a House Captain in the batch, and at St. Xavier's College, Calcutta,[1] which he graduated with a B. Com degree. He has married twice and has 3 daughters and a son
Baron, this charismatic personalitys name is a complete introduction in itself. His story jumps countries, time zones, cars and careers. He believes in living life-king size. His unique style and doing just anything in the most exotic manner shows his extra-ordinary way of life. Like Branson ,Mallya is known for his myriad interests, his flashy flamboyant style of leadership and his unorthodox style of management. Mallya's entrepreneurial style; his trade acquisitions, etc., reveals sharp business acumen. Mr. Vijay Mallaya, is one of the visionary leader who believes in innovation and have a strong vision for future.
Hall of Fame
Co-owns a Formula One team, Force India, with Dutch businessman Michiel Mol. Vijay Mallya is the Chairman of public companies both in India as well as in the USA. Vijay Mallya has received several professional awards both in India and overseas. He was also conferred a Doctorate of Philosophy in Business Administration, by the Southern California University, Irvine. He has also been nominated as a Global Leader for Tomorrow by the World Economic Forum.
Mallya was nominated global leader for tomorrow by the World Economic Forum, Davos, in 1995
He has served as an elected member of the Rajya Sabha (the upper house) of the Indian Parliament and has served as a member of various Parliamentary committees and on defense, science and technology, environment and forests, and industry. He was also conferred a Doctorate of Philosophy in Business Administration, by the Southern California University, Irvine.
He is also the chairman of both the Federation of Motor sports Clubs in India (FMSCI) and Motor sport Association of India (MAI).
Upon assuming the position of Chairman in October 1983, Dr. Mallya initiated the process of defining a corporate structure with performance accountability, inducting professional management and consolidating the unwieldy empire into individual operating divisions. In 1988, Vijay Mallya became a non-resident Indian to pursue global opportunities and to transform the UB Group into Indias first multinational. In a leveraged buyout , Mallya acquired the global Berger Paints Group with operating companies across four continents and divested it at significant value in 1996 through a successful exit strategy that included five initial public offerings on the stock exchanges in London, Singapore In 1990, Mallya led the restructuring of The UB Group, retaining only the areas of core competence, transforming the vastly diversified UB conglomerate into a handful of key operating businesses that dramatically increased shareholder value
with Kingfisher Airlines, launched in May 2005. In its first year of operations Kingfisher Airlines was awarded service excellence awards. In just 10 months from launch, Kingfisher Airlines has received 3 International Awards.
After Mallyas successful airline venture, it was time now for
Entertainment industry. And what better than joining hands with NDTV in launching Indias first lifestyle channel NDTV Good Times. UB group owned Kingfisher brand took over the charge for this exotic channels promotion and it came into being onSeptember 7, 2007.
We constitute a large, global group based in India. We associate with world leaders in order to adopt technologies and processes that will enable a leadership position in a large spectrum of activities. We are focused on assuming leadership in all our target markets. We seek to be the most preferred employer wherever we operate. We recognize that our organization is built around people who are our most valuable asset. We will always be the partner of choice for customers, suppliers and other creators of innovative concepts. We will continually increase the long-term value of our Group for the benefit of our shareholders. We will operate as a decentralized organization and allow each business to develop within our stated values. We will be a major contributor to our National Economy and take full advantage of our strong resource base. We commit ourselves to the ongoing mission of achieving Scientific Excellence
Great Acquirer UNITED BREWERIES is the second largest spirit group in the world. The UB group acquired Whyte and Mackay for 595 million pounds in 2007.The UB group has a market capitalization of around US$12 billion. In the aviation sector KINGFISHER has become one of the leading Airlines in India. Mallya owns 46 percent stake in the low cost airline Air Deccan. Great Leader Vijay Mallya became the Chairman of the UB Group at age 28 , after his fatherVittal Mallya passed away. Since that time he has led the group and turned into a multi billion dollar business. Today the company has annual sales of more than US$4 billion. Vijay Mallya holds an honorary Doctorate of Philosophy in Business Administration, conferred by University of California, Irvine. Mr.Mallya likes to take on new challenges and live life to the fullest. Under his dynamic leadership the group has grown into a multinational conglomerate of over sixty companies.
Hard worker Vijay Mallya was born on December 18, 1955. He studied at La Martini ere School in Kolkata. Mallya went to St Xaviers college, University of Calcuttafor his Bachelors Degree. He started working while he was in college. He worked for his company for Rs 400 per month. Later, Mallya went to the US and worked for American Hoechst Corporation. For the people Vijay Mallya is a personality who believes a lot in helping the society. He helped in the establishment of Mallya Hospital in Bangalore. The hospital is located in Vittal Mallya Road, named after his father. He also helped to fund the Mallya Aditi International School, a private school in Bangalore. These are some his major achievements.
Qualities
Patience Risk taker Forward-Looking Competent Inspiring Social Responsibility
STRATEGY Listen to people Encourage communication and feedback. Integrate personnel into other parts of organization.
MALLYA'S SKILLS Public Relations genius he understands what the media wants and gives it to them. He is likeable. He knows when to disappear.
CORE BELIEFS AND VALUES Helping people achieve things that they did not know they were capable of Being a catalyst to the success of others Constantly learning
VALUES AND BELIEFS He says that he never listens to critics. He is a sponge for new ideas Inspire people to think like Entrepreneurs
Referred to as Indias Richard Branson, a great transformational leader. The Components of Transformational Leadership Intellectual Stimulation Mallya not only challenged the status quo; he also encouraged creativity among followers. He instigates his employees to explore new ways of doing things and new opportunities to learn. Individualized Consideration He is also involved in offering support and encouragement to his work force. In order to foster supportive relationships, he keep lines of communication open so that followers feel free to share ideas and so that he can offer direct recognition of unique contributions and enhance his global presence.
Inspirational Motivation He has a clear vision thereby making it easy for him to articulate to his work force . He as a leader is also also able to help followers experience the same passion and motivation to fulfill the goals.
Idealized Influence He serves as a role model for followers. Because followers trust and respect him, temulate and internalize his ideals.
Leadership theory
Contingency Theories:
Kingfisher follows Visionary Model of Leadership. Mr. Vijay Mallaya, is one of the visionary leader who believes in innovation and have a strong vision for future. This vision and the focus on communication and training its subordinates, he successfully empowers his subordinates by helping them to become self-sufficient and confident in doing their work. He motivates his employees to innovate and move ahead of its competitors. With a positive vision he successfully motivates and enhances the performance of his employees. With the strong leadership qualities that are possessed by the Vijay Mallaya, Kingfisher has been able to perform at its best; it is one of the leading innovators in the field of Aviation.
Transformational Leadership Focused on bringing about changes in organization by building vision, securing commitment and empowering people.
Path Goal Theory(Participative Leadership) Leaders to provide information, support and resources to help followers achieve the goals.
High concern for relationship and low concern for task i.e. Participative behavior.
Ohio State Studies: He is a consideration type of leader who believe in fostering informal relations. Establish warm, friendly and
Mentoring
Communication plays a major role in UB and enhancing the skills
of the employees in the organization. Thereby mentoring is adopted. A formal mentor relationship can jump start the learning curve and help a new employee succeed. A mentoring relationship is a win-win for all parties: the employee who seeks a mentor, the mentor, and organizations that employ the mentoring pair. Need convincing? Heres why mentoring makes business sense. The way the managers and leaders communicate helps in motivating the employees and subordinates and enhancing their performance. The leaders in the organization focus on involving their employees in the decision making displaying Participative leadership. Participative Leadership is very important in improving the productivity of the employees as it helps in developing a sense of belongingness.
Modelling
UB has adopted the modellin g process to
identify, codifyinfg and aquiring abilities an skills of the employees to their best competitive advantage. It ensures quicker and easier access to abilities. It tests the core competency of its human resource transforming it to maximum utility for the organisation on easy grounds.
Coaching
UB provides to achieve personal and professional
advancement of the employees. UB facilitates its employees by providing them with emotional and psychological growth , therefore with more inclination and dedication of employees towards their job. The employee view their work as being natural as the company has tried to make the organization a fun place to work in. So the employee enjoy working here and have positive attitude towards the job assigned to them.This helps is generating high productivity.
Knowledge Base
UB enhances the potential knowledge criteria of its employees by providing them with adequate
training. The multinational platform initiates them to train their employees on account of cultural and professional dimensions . Training boosts their knowledge base therefore employees have high self efficacy i.e. they have a strong belief that they are capable to doing the job efficiently and effectively.
Abilities
Abilities or competencies are the knowledge, skills, and attitudes that the
individuals presently have that allow them to perform their jobs. The capabilities that the organization chooses are initially determined through the selection process.
effective performance. The end product is known as a "capability model" (or skill model) that frames performance as the capabilities (skills and knowledge) that make effective performance possible.
Rather than lumping together the work/tasks/goals that a given performer should be able to do, this model helps you to lay the parts out in a manageable framework in order to gain an understanding of what exactly makes an effective performer. The model has three components: Individual Attributes, Competencies, and Outcomes, which feed into each other [1]:
Individual Attributes
The Individual Attributes are composed of 3 attributes:
Cognitive Ability -ability to learn, solve problems, think abstractly and forming complex ideas
exert their influence, and advance the overall human good and value of the organization.
Personality -- These are any characteristics (traits?) that help the
Competencies
Problem-Solving Skills -- These are the performers' creative
abilities to solve unusual and normally ill-defined organizational problems. Social Judgement Skills -- This is the capacity to understand people and social systems. They enable the performers to work with each other. Knowledge - This is the accumulation of information and the mental structures used to organize that information (schema). Knowledge results from developing an assortment of complex schemata for learning and organizing data (knowledge structure). Professional Skills and Knowledge -- These are the knowledge and skills that are critical for producing key outputs.
Performer Outcome
This refers to the degree that the person has
successfully performed his or her duties. It is measured by standard external criteria. Thereby according adhering to this successful plan of leadership development, UB has attained extensive heights.
CONCLUSION
Leaders are one of the biggest motivators for
their followers in the organization. The support, the path that is shown by leaders motivates and helps their followers to perform well and enhance Management and Leadership across cultures the growth of the organization. The biggest innovators and the successful enterprises have great entrepreneur, in a form of the leader, who motivates their employee to perform at their best. We thereby see that the success key lies in the leadership dimensions of the organisation and of its entrepreneur.