6.leader is made
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Speaker : Dr. Nay Zin Latt
Chairman Business Group Business Group
Hotel Group. Hotel Group.
Venue : IndiaDate : 10.10.10
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yy Process of influencing and inspiring others toProcess of influencing and inspiring others to work to achieve a common goal and then work to achieve a common goal and thengiving them the power and the freedom togiving them the power and the freedom to
achieve it.achieve it.
yy Effective leadership increases the firm s ability to meetEffective leadership increases the firm s ability to meetnew challenges.new challenges.
yy A n individual who is able to exert influence A n individual who is able to exert influenceover other people to help achieve group orover other people to help achieve group ororganizational goalsorganizational goals
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GlobalizationGlobalization
0
10
20
30
40
50
60
7080
1920 1950 1970 2000
% fortune 500 with aglobal presence
messagemessage:
: Acquiring high level of quality Acquiring high level of quality
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You learn to change rather than becoming avictim of change.
World is constantly changing
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- P revious learning , experiences & Influence.
- The most appropriate course of action.
- Trust your intuition, rather than technology.
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Y ou wont be leader without credibility !Y ou wont be leader without credibility !
-- L eaders practice what the preach L eaders practice what the preach-- They walk the talk They walk the talk -- Their actions are consistent with their wordsTheir actions are consistent with their words
-- They follow through on their promises.They follow through on their promises.
-- Leaders, as members.Leaders, as members.-- Taking responsibility and accountability.Taking responsibility and accountability.-- Greater public interest rather than self.Greater public interest rather than self.-- Not only for today.Not only for today.
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11 -- Model the way Model the way
22-- Inspire a shared vision Inspire a shared vision33-- Challenge the processChallenge the process44-- Enable others to act Enable others to act 55-- Encourage the heart Encourage the heart
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Leaders are bornLeaders are born -- Traits approachTraits approach ( 19 40s)( 19 40s)( Hitler , Stalin, Roosevelt )( Hitler , Stalin, Roosevelt )
Leaders are madeLeaders are made -- Result orienting approach Result orienting approach ( 196
0s)( 196
0s)-- Task orientationTask orientation-- Relationship orientationRelationship orientation
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O bjectivity Vs P erception Acceptance Vs Rejection Individual Vs Group P erformance P roductivity Vs Satisfaction
H igh level of Analysis
Future
Present
Future
Present
Tactical Leaders Strategic Leaders
Leadership Roles
T i m e
O r i e n t a t
i o n
Mix of Present-Future Orientations of Leaders
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D ifference of two Leaderships
Autocratic Democratic
- Decision MakingDecision Making - undertaken by the - consultation , discussionleader in isolation
- C ontrol of OperationC ontrol of Operation - directed by leader - determined by those using the system , guidance fromleader.
-- C o mm nicationC o mm nication -- unun--directional directional fromfrom -- reciprocal , discussion,reciprocal , discussion,leader to subordinates two way communication.leader to subordinates two way communication.
-- R esultR esult - - Highest risk Highest risk - - moderate risk moderate risk negative result mostly gained positive result negative result mostly gained positive result
Message : system, institutions, collectivism Message : system, institutions, collectivism
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E ffective leaders not only say they want todo the "right" thing; they follow through
with appropriate actions-they"walk the way they talk."
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- Management involves power by P osition.- Leadership involves power by Influence.
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- Low Competence, H igh Commitment- Some Competence, Low Commitment- H igh Competence, ariable Commitment- High Competence, High Commitment
P ersonal P roductivity
P ersonal Leadership
Strategic Leadership
Motivational Leadership
Th e Total Leader
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1 . P ersonal P roductivityT he ability to manage yourself, manage your time and manage your priorities to operate at
maximum effectiveness.
2. P ersonal L eadershipT he ability to lead yourself, to be a leader of your own life. Determine the life they want, and then through planning and action make it happen.
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3. Motivational L eadership3. Motivational L eadership
T he ability to lead and motivate others. UnderstandsT he ability to lead and motivate others. Understandsthat peoplethat people are the source of all progress and are the source of all progress and innovation, and thus the key to success in the 21st innovation, and thus the key to success in the 21st century.century.
4.4. Strategic L eadership Strategic L eadership
T he ability to lead an organization. A strategicT he ability to lead an organization. A strategic
leader is able to define and develop the purposeleader is able to define and develop the purposeand vision of the organization, the key strategies,and vision of the organization, the key strategies,the optimum structure, the right people in thethe optimum structure, the right people in theright roles, and the most effective processes for anright roles, and the most effective processes for anorganizationorganization to succeed.to succeed.
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O ver-centralization of decision making.
A focus on size and asset accumulation, rather than productivity.O pportunity rather than capability.
Eyes on family interest.
-- O bjectivity, mission.O bjectivity, mission.--
Competency rather than opportunity.Competency rather than opportunity.-- Decentralization of decision making. Decentralization of decision making.-- Eyes on the horizon. Eyes on the horizon.
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- Gone are the days.- What is knowledge ?- Development of knowledge.- Super leaders- How to lead 2 1 st century of organizations ?
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Gone are the days of :
- Dark to the Dawn.- Visible to Invisible.- Comparative to Competitive.- Tangible to Intangible.- Information to knowledge.
- Nation State to Global Village- L imited to Unlimited.- Individual to Institutional
All transformations created by Knowledge
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C arlos Ghson Hero of Renault-Nissan Motor
Steve Jobs - CEO , AppleIger - CEO , Disney
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P eter Druker Mgnt :Guru No (1) CEO in the world.
Lee Iacocca
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H ow To LeadH ow To Lead 21st Century Organizations21st Century Organizations
- It is important that you see people and that you areseen by people.
- Effective leaders match the objective needs of their
company with the subjective competencies. As a result,they get an enormous amount of things done fast.
- Ronald Reagan, his great strength was not charisma,as is commonly thought, but that he knew exactly what
he could do and what he could not do.
P eter F. Druker
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W hat Goldman Sachs Looks for in Leaders1 . Act with a P rofound sense of Integrity and airness.2. Deliver usiness Results Through Commercial Excellence and
P eople Development.3. uild Strong Client and O ther External Relationships.4. Drive Teamwork Within and etween usinesses.5. oster L earning, Innovation, and Change6 . Debate reely, Decide Swiftly, and Commit.
7. P romote Meritocracy by Welcoming and L everaging Differences.8. Develop Strategy and Execute.9 . Create Trust and Credibility Through Honest Communication.
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D r. NayD r. Nay ZinZin LattLatt