14/06/2010

LEADERSHIP
TOPIC
LEADERSHIP ANALYSIS OF KIRAN MAZUMDAR SHAW
(CHAIRMAN OF BIOCON)

SUBMITTED BY
JINCY ALEXANDER
(O9CB12)

SUBMITTED TO: Mrs.CATHERINE KWANTES

CONTENT

KIRAN MAZUMDAR SHAW

LIFE OF KIRAN MAZUMDAR SHAW
KIRAN MAZUMDAR SHAW IN BIOCON
ACHIEVEMENTS OF MRS. SHAW
KIRAN MAZUMDAR SHAWS BIOCON LTD
MAJOR PRODUCTS OF BIOCON
ANALYSIS OF LEADERSHIP
KIRAN AS AN ENTREPRENEUR
UNIQUE FEATURES OF KIRAN MAZUMDAR SHAW
VISION OF Mrs. SHAW
PERSONALITY TRAITS OF KIRAN SHAW
1.
2.
3.
4.
5.
6.
7.
8.

Determination
Confidence
Motivation
Socially Responsible
Strategic Planning
Innovation
Risk Taker
Five Factor Personality

STYLE APPROACH OF KIRAN MAZUMDAR SHAW

CONTIGENCY APPROACHOF KIRAN MAZUMDAR SHAW
KIRAN AS A TRANSFORMATIONAL LEADER
CONCLUSION
MY LEARNINGS
REFERENCES

KIRAN MAZUMDAR SHAW

Dr. Kiran Mazumdar Shaw is an Indian enterprenur .She is the chairman and CEO of
Biocon Ltd, Indias largest Biotechnology company. She founded it in 1978. In 2004 she
became Indias richest women. As per 2009 Forbes ranking Mrs. Shaw is the 92th most
powerful women among first 100.She started the firm when biotechnology was quiet
unfamiliar name to Indians.
LIFE OF KIRAN MAZUMDAR SHAW
Dr. Kiran Mazumdar Shaw born on 23 rd march in the year 1953 and educated at the
Bishop Cotton girls school and Mount Carmel college at Banglore. After her under
graduation in Zoology she went to study brewing in Ballarat Institute of Advanced Education
in Australia. She started her professional career as trainee brewer in Carlton & United
Breweries in 1974 and she became Indias first Brew master. In 1978 she joined as a trainee
manager with Biocon Biochemicals limited in Ireland.
KIRAN MAZUMDAR SHAW IN BIOCON
Dr. Kiran founded Biocon India in the year 1978 collaboration with the Irish firm
Biocon Biochemicals limited with a capital of only Rs.10,000. Initially she faced many
problems regarding the funding of the firm. The banks refused to give loans to Kiran due to
2 reasons: firstly it was a new name to Indians and secondly the company lacked assets.
Over the years the company grew under the stewardship of Mrs. Shaw and today it is
the biggest Pharmaceutical Indian firm. In 2004 Biocon issued its IPO and she regarded as
Indias richest women having an estimated worth of Rs.2100 crores (US$ 480 million). She is
termed as Indias Biotech Queen by The Economist and Fortune, and Indias Mother of
invention by the New York Times.

ACHIEVEMENTS OF MRS. SHAW

Kiran Mazumdar Shaw is an entrepreneur who has the potentional to take risk and she
succeded in turning Biocon as Indias largest biotechnological firm.She has won many
awards and honours. Some of the major awards and prizes are:

Nikkei Asia Prizes- Regional Growth by Nikkiei Inc. (2009)

Wharton Infosys Business transformation Award (2006)
Padma Bhusan (2005)
Honorary Doctrate from Manipal Acadamy of Higher education MAHE (2005)
Life time Acheivement Award from Indian chamber of Commerce (2005)
Honorary Doctorate of Science from Ballart Universty (2004)
The Economic Times Business Women of the year (2004)
Whirpool GR8 women award for science and technology (2004)
Australian Alumni High Achiever Award from the IDP Australian Alumni Association

(2003)
Ernst & Young Entrepreneur of the Year Award in Healthcare & Life Sciences
Category (2002)
Woman of the Year from the International Women's Association, Chennai (1998

1999)
Padma Shri (1989)
Outstanding Young Person Award by Jaycees (1987)
Rotary award for the Best Model Employer (1983)
Outstanding Contribution Award (AWAKE) (1983)
Gold for Best Woman Entrepreneur, Institute of Marketing Management (1982)

KIRAN MAZUMDAR SHAWS BIOCON LTD

Biocon is Indias leading Biotechnology enterprise. It is also Indias first Billion Dollar
company. In 2008 Biocon has been ranked among the worlds top 20 biotechnology company
by Med Ad News.
MAJOR PRODUCTS OF BIOCON
Its major product is Insulin and Humulin. It is Indias first biotech company to produce Oral
Insulin in October 2008.
Other products are:
Biocon Cancer Drug- (BIOMAB-EGFR)

Biocon Waste Water Treatment System.

ABC- A pain relief Herbal Spray.

WatCrc marine ber purifier System.

Biocon Diesel fuel.

Biocon started as a company which extracts enzymes from the process of

Fermentation. Its first operation was to extract enzyme from Papaya. Over the years, Biocon
developed excellent skills both in solid fermentation and submerged fermentation and with
the help of that Biocon developed The Pla Fractor which is a unique fermentation
technology. For Kiran it was to identify the opportunities and exploiting the skills set which
led to latest technologies.

Using Fermentatin skills, the company really grew up and implement Backward
Integration and started to manufacture statins which is required for fermentation. In biocon

enzymes increased cash flow, which turned Biocon as the largest selling class of drugs in the
world (US $ 20 bn) in terms of sales.

Biocon has two Business now:

Contract research
Clinical research work

The business shows Kirans Piloshopy of Learning and earning. Her philoshopy of
Shared wisdom and ownernship reflects in employees culture. The major factor behind
Biocons success is it has a strong management team and moreover the team has been with
the company for 14-23 years.

Biocons business growth was Driven by hike in Insulin sales in India and the
company Globally focused on emerging markets such as Latin America, West Asia, and
Asia.Biocon is about to launch BIOSIMILARS in the developed market. The company is
looking forward New drug discovery programmes and sme Strategic alliances with global
pharmaceutical companies.
ANALYSIS OF LEADERSHIP
KIRAN AS AN ENTREPRENEUR
Kiran Mazumdar Shaw, the chairperson of Biocon started her own business of only
Rs.10,000 in hand and a degree in Brewery is now the Richest women Entrepreneur in India.
Actually she became an entrepreneur by accident. She wants to start her Brewing industry
and inspite of her degree she started Biocon in 1978 which led to the foundation of Indias

Biotech industry. Still she have to overcome hurdles. Banks refused to give loans as she was a
women entrepreneur which was a rare phenomenon, lacking of assets and Biotechnology
which was a new field at that point of time.
She has become the Poster Girl for Indian women Entrepreneur, And she become
a source of inspiration to many others.Even after a number of failures she become a
successful leader. In India Kiran Mazumdar Shaw is a motivator of all aspiring women
entrepreneurs.
UNIQUE FEATURES OF KIRAN MAZUMDAR SHAW
VISION OF Mrs. SHAW
Kirans unique vision has made Biocons transition from an enzyme production compay
to an integrated biopharmaceutical company with strategic research initiatives. Kiran wants to
become a coffee brew master, but she was thrown out due to the reason of being a women
and not even a women entered in that field before that. That lead her to think of her own
business and directed towards Biocon. His vision and Bicons Byline are same The difference
lies in our DNA. Due to her strong vision Biocon is today acknowledged as India's
pioneering biotech enterprise.

PERSONALITY TRAITS OF KIRAN SHAW

In Kirans opinion a combination of several factors such as Determination, Value,
integrity and a sense of purpose which led her to Succeeding against all odds which led her
to built up a valuable organisation through her effort.

DETERMINATION:

First when she Approched financial institutions but it refused because :

1) Company had no assets.
2) Biotechnology was a new concept to Indians.
3) Woman entrepreneur was a new word.
In that stage also her determination to build up Biocon didnt turn down. It was first
company in world wide to produce Insulin and in October 2008 it developed oral insulin
too. As a leader she used to set feasible goals like production of enzymes and antibodies
from fermentation and research process.

CONFIDENCE:
Her confidence level is clearly seen in her activities:
She started her Business in relatively new and innovative field.
When bank refused loans to Kiran
She went against all odds as a belief that women can be an entrepreneur.
The confidence of Kiran was unexplainable when comparing that with the
challenges faced that she faced. The challenges have been evolved with the growth of
Biocon. First she faced challenges: her youthful age, her gender and the nature of unfamiliar
business.

Funding was also not easy to come. No banks were ready to give loans. Once she
overcome all these she had to face technological challenges to build a Biotech business in a
country like India which is nt so good in infrastructure at that point of time. The high tech
biotech industry dependent on high quality power, high technological lab, equipments etc.
Now the challenges has moved to maintain quality, about growth, and
managing a large company and managing investor expectations like other CEOs.

MOTIVATION:

In Biocon employees feedback are being constantly asked for motivating them and it will
further help them to excel in their field. In Biocon Performance is done annually and
implement it in the end of the financial year. It helps to measure employees performance
helps to reduce grievances etc. Biocon also provides Behavioural training, leadership
programs, and compensation packages. Due to all these HR polices Attrition rate of less than
1% when compared with past years. She belives its her mission to bulid pride into her
workplace into her country.
Work place principles also helped to keep employees motivated

Excellence.
Integrity.
Accountability.
Organizational Pride.
Fairness.
Learning

Informality in work place

Elegant and refined working environment
SOCIALLY RESPONSIBLE
Biocon involved its support to various community programs and corporate
citizenship initiatives with a focus in the areas of healthcare, education, and environment.
The Biocon Foundation, in 2004 setup Arogya Raksha Yojana which is a unique health
initiative for rural India.
In her effort to preserve the originality of Bang lore, Kirans Home town, She
had proactively involved in various city improvement programs like the Bangalore Agenda
Task Force (BATF).

STRATEGIC PLANNING
Kirans strategy of running business is entirely different. She always focuses on R&D and
innovative strategy to produce new products. Biocon divests enzymes division for 115
million in US$ to NOVOZYMES to concentrate on Biocons Biopharmaceuticals. As a

part of Marketing and Distribution of the pharmaceuticals Biocon had acquired various
pharmaceuticals of Germany and Europe.
When Kiran began her company, she forecasts Biotechnology as a Big
opportunity than anything in this technological world. This is the strategy and the mindset
needed for business. What she had done is she had charted out her own path. She used to
mention her vision clearly that to build global leadership in specialty enzymes for food,
feed and beverages.
INNOVATION:
Kiran is an innovator in all sense in implementing a successful company, innovative ideas,
new products. She has a clear vision, she never followed any rules and regulations, she
made her employees to think innovative and keep on in research.
Some of the products of Biocon are:
INSUGEN R:
It is useful when Oral agents fail to control blood glucose levels or when therapy with
Insulin.
BIOMAB-EGFR:
This is used in head and neck cancer.
RAPACAN
This is used for the prevention of rejection and rescue therapy for rejection in renal
transplantation.

RISK TAKER:

Kiran is a risk taker from the beginning of Biocon itself. She showed it when she had done
her Post-Graduate in brewery which had never been touched by a woman In India. Then
when she failed to continue her career in Brewery she has been directed towards
Biotechnology industry which was a new business to Indians. But due to her Confidence
and determination she was able to be Indias richest woman.
Other risks she had taken is in her organization is:

Biocons R&D programme has been rapidly advanced

Took the risk to produce Oral Insulin an Anti-CD6 Monoclonal antibody.

These two are the leading discoveries in the field of research programs.
FIVE FACTOR PERSONALITY:
Kiran Mazumdar Shaw is an Extrovert type.
She possesses features like:
High self esteem: She likes herself and she is proud to be an Indian. She is proud of
her tradition and her culture.
High on conscientiousness: She is reliable, responsible, organized, and dependable.
High on agreeableness: She is cooperating with her employees with her stakeholder,
warm and she is trusting too.
.High on emotional stability: She possesses a positive emotional stability.

STYLE APPROACH OF KIRAN MAZUMDAR SHAW

In my point of view Kiran has a Team Management Leadership grid.

She shows concern for her employees and for the results. Her companys success
lies behind her 14-23 years old reliable management. This had been attained due to the
employees concern and motivation level she had shown in her leadership. Her companys
innovative products and image had been in hype due to her commitment and concern for
the quality and result she has possessed. She is a leader who stimulates her employees to
participate, High determination, Gets issues into open and she is sociable who likes to
enjoy her work.

CONTIGENCY APPROACHOF KIRAN MAZUMDAR SHAW

I found from the leadership analysis that Mrs. Shaw comes under MIDDLE LPCS
group.
She is a self directed, and not so much concerned what others may think about her
business. She is both task motivated and a person used to keep high relations with her
subordinates and employees. Kiran is a socio-independent and all middle LPCs are socioindependent. Kiran act according to her wish and doesnt follow any rules and regulation
in her leadership. She acts independently.

KIRAN AS A TRANSFORMATIONAL LEADER

I observed that Kiran Mazumdar Shaw is a transformation leader like Narayana Murthy
or Ratan Tata. She had a Vision of her own and she is an individualised type. She never

follows what others do or never cares about what others think. She posses the ability for
bringing changes or how to transform her organisation. She has an Intellectual simulation
to motivate her employees. She is to be referred as a Charismatic leader. She has an
intitution in her leadership styles.

CONCLUSION
Great leaders have an inherent ability to influence and inspire. Great leaders are change
makers often bringing about transformational changes. They are able to convert skeptics
into admirers through delivering on their vision (Quotes from Internet)
As I analyzed leadership of Kiran Mazumdar Shaw, I was able to understand that :
She is a Proactive personality
She identify opportunities, show initiative to fulfill any job.
Her innovative ideas help to create positive change
She keeps on developing contact with high place and stake holders.

For example she grabs the opportunity wherever she finds it:
In 2002, a chance to collaborate with CIAMB(centre for Molecular
Immunology),Cuba Biocon leaped into it Which resulted in the production of Antibodies and

cancer vaccines. Following that Biocon entered in partnership With NObex Inc, US
companyto deliver proteins orally.
Biocon has a clear strategy of entering into the Innovation Space through
collaborations that deliver them high value growth in present and in future.

MY LEARNINGS:
Leadership is about creating a vision and mission, communicating that vision to
followers & directed them to move towards that vision and goal.
Trust forms the essence of all relationships. The trust that she kept on her employees
and the trust employees kept on her.
Customer is central to any business.
Implementation of innovative ideas.

REFERENCES:

http://www.scribd.com/doc/30220838/Evolution-of-Kiran-Mazumdar-Shaw
http://www.scribd.com/doc/28702456/Kiran-Mazumdar-Shaw
http://www.scribd.com/doc/19947133/Kiran-Shaw
http://www.scribd.com/doc/31191321/hr-ppt
http://www.scribd.com/doc/7379242/Indian-Entrepreneurs
http://www.scribd.com/doc/16265314/Indian-Enterprenures