INDIAN ENTREPRENEUR ADI GODREJ

INTRODUCTION:
Adi Godrej is an Indian industrialist and philanthropist. As of 2010, he is one of the richest Indian's with net worth of US$5.2 billion.

PERSONALITY:
• Adi Godrej is one of the icons of Indian Industry. Adi Godrej was born in a business family. His father's name was Burjorji Godrej and his mother's name was Jai Godrej. • He was a management student & receives his MBA from the MIT Sloan School of Management. • Adi is a person who moves with generation.

When he joint his family business the first thing he did is, he modernized and systematized management structures and implemented process improvements.

• After the liberalization process, Adi Godrej restructured company's policies to meet the challenges of globalization. • He is a personality who acts as the chairman for Godrej Group & several entities and also who is director of numerous firms.

• He is responsible for shaping the long term strategy for these firms and driving a focus on value creation.

PERSONALITY DEVLOPMENT:
Adi Godrej left India at the age of 17 to enroll at the Massachusetts Institute of Technology. Though he planned to study mechanical engineering, he later on switched to management. Adi was a member of Pi Lambda Phi and lived there his freshman year. He went on to receive his MBA from the MIT Sloan School of Management. Adi Godrej took the Godrej Group to great height during controlled economy era. WORK OF ETHICS

CODE OF CONDUCT

Conflicts:

LEADERSHIP:
Leadership style of Adi Godrej is:

1) Delegative 2) Participative 3) Authoritative In an interview, the following questions were asked to Adi Godrej.
1) The political leader I admire the most

Barack Obama, for his entirely fresh approach to US politics and diplomacy.
2) The business leader I admire the most

Warren Buffett, for his strong ability to predict trends and avoid bubbles. The leadership lesson I remember best is that Leadership is about thinking the future backwards not the present forward.
3) A book or movie I would recommend on leadership

The Downing Street Years. Margaret Thatcher. Because it describes how Margaret Thatcher's leadership and decisions transformed Britain.
4) Worst thing a leader can do

Not listen.

5) My biggest test as a leader was

To change the Group's direction and mindset when India embarked on the path of liberalization in 1991.

6) All good managers aren't good leaders

Yes No

CREATIVITY:
• ADI GODREJ was creative as the first thing he did after join the business, that he modernized and systematized management structures and implemented process improvements. • Adi Godrej took the Godrej Group to great height during controlled economy era. • He restructured company's policies to meet the challenges of globalisation.

By 2000, he restructured each business with a CEO & COO from outside the godrej family.

• By this creativity idea of ADI GODREJ of restructuring business management took business group to great height during the control economy era.

CONCERN FOR ENVIRONMENT:
Under the chairmanship of ADI GODREJ In the early 2000s, the Group completed a 10-year restructuring process through which each business

became a stand-alone company with a CEO/COO from outside the Godrej family.

Sign up to vote on this title
UsefulNot useful