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Is the ability to motivate a group of people towards common goal. It means focused action in direction of worthy purpose.
Leadership style
Autocratic
I am the boss.
Can create de-motivation and alienation of staff. Valuable in business where decisions are quick and decisive.
Democratic
Consultation before decisions. Leader takes decision &seeks to persuade others. Creates motivation & involvement. Improves sharing of ideas & experiences.
Laissez-Faire
Highly Motivational. Improves Coordination & Decision Making. Relies on good Team work & Interpersonal relations. Useful in businesses where creative ideas are important.
Paternalistic
Paternalistic leader makes decision but may consult. Believes in supporting staff.
Leadership traits:
oInspire
oCommunicate
oSupport.
Leadership qualities
Authoritarian
Participative
Delegative
"A true leader is one who leads by example and sacrifices more than anyone else, in his or her pursuit of excellence." - N. R. Narayana Murthy, Chairman, Infosys.
Leadership is about raising the aspirations of followers and enthusing people with a desire to reach for the stars.
Founder of Infosys limited. Mr. Murthy has served as the Chairman & Chief mentor during 19812011.
Cont
EARLY LIFE :
Mr. Murthy was born on 20th August, 1946 in Mysore in Karnataka. Obtained Masters degree from IITKanpur.
Cont
He has been awarded the Padma Vibhushan by the Government of India. The Legion dhonneur by the Government of France, and the CBE by the British government.
Cont
The World Entrepreneur of the Year 2003 by Ernst & Young. In 1996-97, he was awarded the JRD Tata Corporate Leadership Award. He was awarded the 2012 Hoover Medal. He has about 25 honorary doctorates from universities in India and abroad.
His 2 Mottos
Sathyannasti Paro Dharma. (there is no dharma greater than adherence to truth) Satyameva jayate (truth alone triumphs). Let these be your motto for good corporate leadership. he says.
Strategist Adversity Values consistency Visionary outlook Enhancing trust Action speaks than words Managerial remuneration
Leadership Style
The style of Narayana Murthy has mixture of some styles that are given below
Mr. Murthy has a positive style of leadership i.e. a leader promote his follower to work hard by offering them rewards. Mr. Murthy promote his employee as per their ability. He always believe in Honesty and Loyalty.
Cont
Also known as participative style. Mr. Murthy, he founded INFOSYS with 6 other professionals. He was the CEO of the company for 21 years, from 1981 to 2002. Under his leadership, Infosys was listed on NASDAQ in 1999. He served as the Executive Chairman of the Board and Chief Mentor from 2002 to 2006.
Conclusion
Narayana murthy is a visionary who applied his leadership skills to built one of the biggest IT company in India. Stress on building & maintaining relationship.