Leadership lessons from Kumar Mangalam Birla

CHAPTER 1

INTRODUCTION

Kumar Mangalam Birla tells that , it’s not important to be born with leadership skills as it can be learnt by observation, positive attitude and determination.

As indicated by Warren Bennis “Administration is the ability to make an interpretation of vision into the real world.” John Quincy Adams says “If your activity move others to dream more, take in more, accomplish more and turn out to be more, you are a pioneer.” “You don’t lead by pointing and advising individuals some place to go.

You lead by heading off to that place and putting forth a defence”- Ken Kesey. Try not to discover blame, discover a cure”- Henry Ford. Lao Tzu says “To lead individuals stroll behind them.”

Pioneer is an adventurer, carving a way through the wilderness for whatever is left of his gathering to pursue. In an association chief is an official, building up his/her organization’s methodology to beat the opposition. Pioneer encourage themselves as well as other people to do the correct things.

They set heading, assemble a moving vision, and make something new. Authority is about where you have to go to “win” as a group or an association; and it is dynamic, energizing and moving. However, while pioneers set the heading, they should likewise pursue some administration abilities to manage individuals to the correct goal, in a smooth and effective way.

Initiative methods distinctive things to various individuals around the globe, and diverse things in various circumstance. Some state that pioneers are brought into the world not made, but rather some trust that pioneers are made or they come up as indicated by the circumstance and it’s constantly opposing.

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We have seen and caught wind of a great deal of pioneers who have turned out and contributed their best for improvement of world and themselves these years. In that capacity world today has seen an assortment of pioneers who had their own view of initiative. Mahatma Gandhi, who put stock in Peace and bolstered Democratic method for administration, Adolf Hitler, who had confidence in Communism and was an Autocrat. The inquiry does not emerge about what is correct and what’s going on; the inquiry is who drives their side towards viability and achievement.

Each association have its very own administrator, executive or president will’s identity the pioneer, through whom the association will be spoken to and furthermore who hold whole obligation of it. He will express his vision by setting a mission to the individual association and will ensure that the objective set by him is cultivated or not by managing them from start to finish. Chiefs ought to have administration aptitudes to work successfully and proficiently. A fruitful director will recognize his own aptitudes and adds to it through which he can lead the association towards its vision adequately.

Pioneers have great effect in our day by day lives and fates. In great occasions and terrible, there dependably a need of solid pioneer. The achievement of business or an industry is controlled by the pioneers it picks or acquires. He ought to have the capacity to assess the viability of the initiative arrangement and advance a sound and safe condition that underpins the way of life with quality.

As of late we have seen some extraordinary tech business people, who are champion characters that move several others, be it for their vision, their prosperity or their sheer reluctance to acknowledge the inverse. For the majority of the previous two decades, Steve Jobs, Apple’s prime supporter and long-term CEO, who passed away in 2011, used to be such a figure for some trying representatives.

Right up ’til the present time is appreciated for his inventiveness, his accomplishments and his steadiness in doing what he accepted.

Conveying the debut address at the Mind Rocks India Today Youth Summit 2011, Birla stated, “I had two gurus-Pratap Sharma, who taught me the effects of communication, and Ram Charan Yadav, who is a world-renowned management consultant. It’s very important that you communicate appropriately and at the right time.”

CHAPTER 2

BACKGROUND OF TOPIC

Kumar Mangalam Birla (14 June 1968) is an Indian industrialist and the director of the Aditya Birla Group, one of the biggest combination companies in India. He is likewise the chancellor of the Birla Institute of Technology and Science, and the administrator of the Indian Institute of Technology Delhi and Indian Institute of Management Ahmedabad.

Birla is a fourth-generation member of the Birla family from the state of Rajasthan. He was born in Kolkata and raised in Mumbai. He has a Bachelor of Commerce degree from H.R. College of Commerce and Economics, MBA degree from London Business School, where he is Hon. Fellow. and CA (Chartered Accountant) from ICAI (India).

Birla took over as chairman of the Aditya Birla Group in 1995, at the age of 28, following the death of his father Aditya Vikram Birla. During his tenure as chairman, the group’s annual turnover has expanded from US$3.33 Billion in 1995 to US$41 billion in 2015.

Birla has received several accolades, including the International Advertising Association’s “CEO of the Year Award” in 2016; the US India Business Council’s “Global Leadership Award” in 2014; Economic Times “Business Leader Award” in 2003 and 2013; Forbes India Leadership Award – Flagship Award “Entrepreneur of the Year 2012; NDTV Profit Business Leadership Awards 2012, “Most Inspiring Leader”; CNBCTV18 IBLA “Business Leader for Taking India Abroad 2012”; CNN-IBN “Indian of the Year Award 2010”; JRD Tata “Leadership Award 2008”; NDTV’s “Global Indian Leader of the Year 2007”.

An educationist, Birla is the Chancellor of Birla Institute of Technology & Science (BITS). He is Chairman of IIT Delhi, IIM Ahmedabad and Chairman of Rhodes India Scholarship Committee for Oxford University. He serves on London Business School’s Asia Pacific Advisory Board and is an Honorary Fellow of the London Business School.

CHAPTER 3

DISCUSSION ON TOPIC

Leadership lessons from Kumar Mangalam Birla

Kumar Mangalam Birla tells that , “it’s not important to be born with leadership skills as it can be learnt by observation, positive attitude and determination”.

He really proved himself very much by taking care of the such large company when his father was expired at very young age of K.M.Birla by leading it effectively and efficiently , making it as a one of largest conglomerative business in India.

Below listed are the leadership qualities of Kumar Mangalam Birla that helps for the generation of today to adapt and succeed in the fields they choose to establish their careers in.

1. Have a Small Group or Team.

Kumar Mangalam Birla says, “It is smarter to have a group of five to seven individuals who are confident and can think of thoughts of their own rather than an expansive gathering with numerous spectators as an afterthought.”

As the principal’s in gathering structure says that for any gathering or group to work successfully and productively it ought to have greatest of 7 to 9, he thought of the two-pizza rule, that is, if nourishment served on a gathering surpasses two boxes of pizza, this implies there are such many individuals in the group. He wants to stay with the two-pizza guideline. As it realized two pizza contains 8 pieces and by which a group ought not surpass these numbers through which he is getting ideal outcomes.

2. Clients Should Come First to The Point of Obsessing Over Them.

Kumar Mangalam Birla says “As opposed to sitting idle defining intends to have use over different organizations in the business, redirects your consideration on consumer loyalty.”

He runs his realm concentrating on clients and not on contenders. He makes sure that the necessities and enthusiasm of his objective market start things out. Birla even have an open email where clients can send their grievances straightforwardly to him. Thusly, he receives criticism from them direct and consequently sends the email to the specific administrator with an additional image, a question mark.

3. Think Long Term.

As per Birla , “Frequently time’s development requires long haul ability to be misconstrued.”

Birla took over as chairman of the Aditya Birla Group in 1995, at the age of 28, following the death of his father Aditya Vikram Birla. He just went and expanded his business into many portfolios resulting rapid exponential increase

4. Have Perseverance and Resilience.

“So as to prevail in business, it is essential to be sufficiently difficult not to surrender effectively and be progressively adaptable in searching for arrangements with regards to circumstances.”-Birla

This is tied in with being in ceaseless game-plan without respect to past disappointment and a positive capacity of a framework to rapidly recoup from past disappointments. This style is really being stiff-necked yet adaptable. He added that it is best to be able to consolidate this two and the key here is to when to utilize one over the other.

5. Continuously Experiment.

“Disappointment and development are in distinct twins. To create you need to analyse, and in the event that you know ahead of time that it will work, it is anything but an examination.”

He trusts that we ought to investigate, develop, try and ought to never become weary of attempting new things. Amazon began as an online book retailer however later started offering different items. Presently, Bezos is discussing ramble driven bundle conveyances.

6. Make Employees think like Owners.

“We realize our prosperity will be generally influenced by our capacity to pull in and hold a persuaded worker base, every one of whom must think like, and in this way should really be, a proprietor.”- Birla

He trusted that when representatives of his association think like proprietors at that point there will be more development, intrigue, and duty towards their work and association which will give him best yield. At the point when Birla composed this in the primary Aditya Birla group yearly letter in 1995, he had 614 workers, presently it has 230000 representatives.

8. Know Your Passion and Wait for the Right Time.

“At the point when the item is there, one simply need to hang tight for the correct time he can position it in the market. Beside turning out with a result of one’s enthusiasm,”- Birla

This is one exhortation Birla love give yearning for business people. For him, a business thought should originate from an individual’s energy and not on the pattern. He trusts that if a business person is enthusiastic about what he does, he can manufacture better items. Birla likewise included that it ought to be joined with concentrating on the clients.

CHAPTER 4

Conclusion

These are just some of the leadership styles of the man behind Aditya Birla. If we look at his leadership styles, we will see his leadership styles are unconventional and unique. His styles of leadership include Autocratic Leadership as he monitors everything on his own by creating a public feedback mail through which he gets feedback from customers directly and then will send the same to the respective managers with the addition of question mark. He possesses Strategic Leadership by which he delivers special and unique strategies’ make his organization successful. Aditya Birla is letting competitors advertise their products side by side with it. A typical Aditya Birla retail limited page includes the product and pricing as well as other sellers that offer the same merchandise. Birla also encourage feedback even if it is negative. He believes that customers should know the real deal and have the choice to buy what they think is a better deal. This thinking of Birla puts customer’s interests over Aditya Birla short-term profits.

And also, he possess Team Leadership style, with the help of this style he can set the future of business and sets the direction and purpose as well. In which he believes and practice a small team of 7 to 8 through which a better outcome will be expected. And he possesses both Charismatic and Visionary Leadership style.

According to the idea of transformational leadership an effective leader is a person who does the following:

Creates an inspiring vision of the future.

Motivates and inspires people to engage with that vision.

Manages delivery of the vision.

Coaches and builds a team, so that it is more effective at achieving the vision.

Leadership brings together the skills needed to do these things. In this it is clear that Bezos had a different vision of usage of internet in coming years and created a revolutionary platform of e-Commerce Amazon.com which was created to sell virtual books at the initial stage, now which is selling everything what customer needs in a reduced price and with ease of accessibility. In the same way he is running a company called Blue Origin which is experimenting on space travel for ordinary people with affordable price.

His vision are all out of the box thinking style in which he is trying to inspire people with his long term vision and always keeping costumer in mind. He motivates his employees by allowing them to use their creative ideas to walks with the vision he has given to the organization, by writing inspiring mail or communicating them that what he is really expecting from them so that the involvement of employees will be good which yields with best result. By this we can say that he is transformational leader who make people understand his vision and executing it accordingly.

CHAPTER 5

REFERNCES