Biography of KIRAN MAZUMDAR

INTRODUCTION :
Born: March 23, 1953 Achievement: Chairman & Managing Director of Biocon Ltd; Felicitated with Padmashri (1989) and Padma Bhushan (2005). Kiran Mazumdar Shaw is the Chairman & Managing Director of Biocon Ltd, India's biggest biotechnology company. In 2004, she became India's richest woman. Kiran Mazumdar Shaw was born on March 23, 1953 in Bangalore. She had her schooling at Bishop Cotton Girls School and Mount Carmel College at Bangalore. After doing completing her B.Sc. in Zoology from Bangalore University in 1973, she went to Ballarat University in Melbourne, Australia and qualified as a master brewer. Kiran Mazumdar Shaw started her professional career as trainee brewer in Carlton & United Beverages in 1974. In 1978, she joined as Trainee Manager with Biocon Biochemicals Limited in Ireland. In the same year, Kiran Mazumdar Shaw founded Biocon India in collaboration with Biocon Biochemicals Limited, with a capital of Rs.10,000. She initially faced many problems regarding funds for her business. Banks were hesitant to give loan to her as biotechnology was a totally new field at that point of time and she was a woman entrepreneur, which was a rare phenomenon. Biocon's initial operation was to extract an enzyme from papaya. Under Kiran Mazumdar Shaw's stewardship Biocon transformed from an industrial enzymes company to an integrated biopharmaceutical company with strategic research initiatives. Today, Biocon is recognised as India's pioneering biotech enterprise. In 2004, Biocon came up with an IPO and the issue was over-subscribed by over 30 times. Post-IPO, Kiran Mazumdar Shaw held close to 40% of the stock of the company and was regarded as India's richest woman with an estimated worth of Rs. 2,100 crore. Kiran Mazumdar Shaw is the recipient of several prestigious awards. These include ET Businesswoman of the Year, Best Woman Entrepreneur, Model Employer, Ernst & Young's Entrepreneur of the Year Award for Life Sciences & Healthcare, Leading Exporter, Outstanding Citizen, Technology Pioneer, etc. Government of India also felicitated her with Padmashri (1989) .
Education:
Schooling at Bishop Cotton Girls School and Mount Carmel College at Bangalore. B.Sc. in Zoology from Bangalore University in 1973 She went to Ballarat University in Melbourne, Australia and qualified as a master brewer
Achievements
ET Businesswoman of the Year, Best Woman Entrepreneur, Model Employer, Ernst & Young's Entrepreneur of the Year Award for Life Sciences & Healthcare, Leading Exporter, Outstanding Citizen, Technology Pioneer, etc. Government of India also felicitated her with Padmashri (1989) and Padma Bhushan (2005). Chairman & Managing Director of Biocon Ltd Felicitated with Padmashri (1989) and Padma Bhushan (2005). Biocon became India's biggest biotechnology company.
In 2004, she became India's richest woman
Career :
Started her professional career as trainee brewer in Carlton & United Beverages in 1974.
In 1978, she joined as Trainee Manager with Biocon Biochemicals Limited in Ireland In 1978, she founded Biocon India in collaboration with Biocon Biochemicals Limited, with a capital of Rs.10,000. Banks were hesitant to give loan to her as biotechnology was a totally new field at that point of time and she was a woman entrepreneur, which was a rare phenomenon. Today, Biocon is recognised as India's pioneering biotech enterprise.
EDUCATIONAL QUALIFICATIONS
Schooling at Bishop Cotton Girls School and Mount Carmel College,Bangalore B.Sc. in Zoology from Bangalore University in 1973 Ballarat University in Melbourne, Australia and qualified as a master brewer.
Awarded honorary doctorates from University of Abertay, Dundee, U.K. (2007), University of Glasgow, U.K. (2008) and Heriot-Watt University, Edinburgh, U.K. (2008)
HER CAREER
Trainee brewer in Carlton & United Beverages in 1974 Became Indias first Brew Master
Switch of occupation Trainee Manager with Biocon Biochemicals Limited in Ireland in 1978 Founded Biocon India in collaboration with Biocon Biochemicals Limited
CHALLENGES FACED
Personal challenges Youthful age Gender Unfamiliar business Lack of funds Not familiar with biotechnology Women entrepreneur Lack of assets Infrastructure Quality Managing investors expectations
DETERMINATION
First company world wide to produce Insulin and in October 2008 it developed oral insulin too As a leader she used to set feasible goals like production of enzymes and antibodies from fermentation and research process
PERSONALITY
High self esteem Loves and believes in herself Proud to be an Indian Tradition and culture
High on conscientiousness Reliable Responsible Organised Dependable
High on agreeableness Warm with employees, stakeholders Trust
High on emotional stability Positive emotional stability
Journey of Bioconunder her wings

In 1978, she joined Biocon Biochemicals Limited, of Cork, Ireland as a Trainee Manager.
In 1978 itself, she started Biocon in he garage in Bangalore with a capital of Rs. 10,000. Within a year, Biocon became the first Indian company to manufacture and export enzymes to USA and Europe
In 1990, she upgraded Biocons in-house research program, based on a proprietary solid substrate fermentation technology
The commercial success of this program led to a three-fold expansion by 1996 and Biocon entered the biopharmaceuticals and statins segments In 1998, when Unilever agreed to sell its shareholding in Biocon to the Indian promoters, Biocon became an independent entity In 2000, Biocon's proprietary bioreactor, christened PlafractorTM, based on solid matrix fermentation received a U.S. patent By 2003 Biocon became the first company worldwide to develop human insulin on a Pichia expression system In 2004, she decided to access the capital markets to develop Biocons pipeline of research programs It made Biocon the 2nd only company to cross $1 billion mark on the first day of listing. She entered into more than 2,200 high-value R&D licensing and other deals within the pharmaceuticals and bio-pharmaceutical space between 2005 & 2010
Mission OR Vision:
She believed more in missions rather than vision And most importantly, she wanted to change perception that India is not capable of a research-based business To her, a leader should have more missions than vision According to her, all leaders should be passionate about their sense of purpose
QUOTES ABOUT VISION AND MISSION

All leaders need not be visionaries and all visionaries need not be leaders
There can be a leader without vision but there cant be a leader without mission.
I believe that more than being a visionary, a leader must inspire people, help them share their ideas and aspirations
The vision concept is hyped and overstretched.
THANK
YOU

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INTRODUCTION :

In 2004, she became India's richest woman

High on conscientiousness Reliable Responsible Organised Dependable

High on agreeableness Warm with employees, stakeholders Trust

High on emotional stability Positive emotional stability

Journey of Bioconunder her wings

QUOTES ABOUT VISION AND MISSION

The vision concept is hyped and overstretched.

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