Transformational Leader
Transformational Leader
Transformational leadership is a leadership style where one or more persons engage with others in such a way that leaders and followers raise one another to higher levels of motivation and morality
Inspirational motivation
Intellectual stimulation Individualized consideration
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Idealized influence Leaders serve as an ideal role model for followers and is admired for this.
Inspirational motivation Transformational leaders have the ability to inspire and motivate followers
Individualized consideration Transformational leaders demonstrate genuine concern for the needs and feelings of followers which brings out the best efforts from each individual
Assumptions
The prime assumption is, that people will willingly follow a leader who inspires them. The vision and passion of one man can transform his followers and together they can achieve great things. Energy and enthusiasm are the tonics that get things done.
Transformational Leader
BIOGRAPHY
Born on 14, 1967 Chartered accountant, MBA from London business school 2002: Awarded as transformational leader 2005: Chosen as young entrepreneur 2009: Entrepreneur of the Decade Award 2010: Business leader of the year
On 1995, At age of 28, he has become the CEO of Aditya Birla group In 1995,turnover was $2bn, under the strong leadership of Kumar Birla turnover spiraled up to $33bn Third largest business house Started with business of textile, cement and aluminium then diversified into BPO, telecommunication, software and asset management
Transformation is the process that need to be managed Time management Energy management Corporate identity simply to have a group identity that would serve as a corporate logo. Communication Transformation succeed because communication has worked
Team achievement Aditya Birla awards are given to the employees of the organization every year. Mergers and acquisition Integrate with different culture and practices. Health survey methodology The Organizational Health Survey is the barometer of the 'happiness at work' index in the group.
About N. R. Murthy
Mr. N. R. Narayana Murthy is the Chairman of the Board and Chief Mentor of Infosys Technologies Limited.
He was born on August 20, 1946 in Karnataka, India. He obtained his B.E. degree from University of Mysore in 1967 and his M.Tech. from IIT, Kanpur in 1969.
Milestones
Invest in well understood, proven product & not just R&D. While dealing with investors, always underpromise and over deliver. Have a healthy sense of paranoia and respect for the competition. Leaders in the making.
Benifits
Widely research intuitive appeal. Focues on followers too. Emphasis on followers needs,values ,and moral. Enthusiastic work atmosphere. Innovations. Higher output and efficiency. Develop future leaders. People will work for leaders even if monetary compensation is less.
limitations
Lacks conceptual clarity. Fixed trait or malleable state. Potentially elitist and anti-democratic. Totally depends on ability of leaders. Leaders might lack the required characteristics.
Conclusion
Kumar birlatransformational leaders are few and far between. They emerge from the times and circumstances and all too often, from the ashes strewn around them. Commanding leadership and easy times rarely go together. Narayan Murthy is a visionary who applied his leadership skills to build one of the biggest IT companies in India. Stress on Building and maintaining relationships.
Innovation is the only means to sustain customer loyalty in a flattening world. Lead and inspire people. dont try to manage and manipulate people. Inventories can be managed but people must be lead.
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