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: Dr. Nay Zin Latt Chairman
Business Group Hotel Group.
: India : 10.10.10
What is globalization ? How it act ? What are the consequences ? Should we resist ? Kill or be killed !
y Process of influencing and inspiring others to
work to achieve a common goal and then giving them the power and the freedom to achieve it.
Effective leadership increases the firm s ability to meet new challenges.
y An individual who is able to exert influence
over other people to help achieve group or organizational goals
80 70 60 50 40 30 20 10 0 1920 1950 1970 2000
message : Acquiring high level of quality
% fortune 500 with a global presence
³ World is constantly changing ´
³ You learn to change rather than becoming a victim of change.´
- Previous learning , experiences & Influence. - The most appropriate course of action. - Trust your intuition, rather than technology.
You won¶t be leader without credibility !
Leaders practice what the preach They walk the talk Their actions are consistent with their words They follow through on their promises. Leaders, as members. Taking responsibility and accountability. Greater public interest rather than self. Not only for today«.
Model the way Inspire a shared vision Challenge the process Enable others to act Encourage the heart
Leaders are born
Traits approach (1940s)
(Hitler , Stalin, Roosevelt )
Leaders are made
- Result orienting approach (1960s)
- Task orientation
- Relationship orientation
Objectivity Acceptance Individual Productivity
Vs Perception Vs Rejection Vs Group Performance Vs Satisfaction High level of Analysis
Mix of Present-Future Orientations of Leaders
Future Time Orientation
Present Present Tactical Leaders Strategic Leaders
³ Transformational leaders create visions that inspire people. These visions present the potential to transform both followers and the society at large.´
Tr s cti e ers
- Acc lis i t i - Fi is j
Tr sf r e ers
t s s t el ti s i
- I fl e ce j rc - B il it e t. e s tisf cti .
Difference of two Leaderships
- Decision Making - undertaken by the leader in isolation - directed by leader
- consultation , discussion
- Control of Operation
- determined by those using the system , guidance from leader. - reciprocal , discussion, two way communication.
- Comm nication
- un-directional ±from unleader to subordinates
- Highest risk - moderate risk negative result mostly gained positive result
Message : system, institutions, collectivism
Effective leaders not only say they want to do the "right" thing; they follow through with appropriate actions-they "walk the way they talk."
Management involves power by µPosition¶. Leadership involves power by µInfluence¶.
Low Competence, High Commitment Some Competence, Low Commitment High Competence, ariable Commitment High Competence, High Commitment
The Total Leader
Personal Productivity Strategic Leadership
The ability to manage yourself, manage your time and manage your priorities to operate at maximum effectiveness.
Personal Leadership The 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.
The ability to lead and motivate others. Understands that people are the source of all progress and innovation, and thus the key to success in the 21st century.
The ability to lead an organization. A strategic leader is able to define and develop the purpose and vision of the organization, the key strategies, the optimum structure, the right people in the right roles, and the most effective processes for an organization to succeed.
A focus on size and asset accumulation, rather than productivity. Opportunity rather than capability. Over-centralization of decision making. Eyes on family interest.
Objectivity, mission. Competency rather than opportunity. Decentralization of decision making. Eyes on the horizon.
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Gone are the days««. What is knowledge ? Development of knowledge. Super leaders How to lead 21st century of organizations ?
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 Limited to Unlimited. Individual to Institutional
All transformations created by µKnowledge¶
Carlos Ghson ±
Hero of µRenault-Nissan¶ Motor
Steve Jobs - CEO , Apple Iger - CEO , Disney
Peter Druker ± Mgnt :Guru
No (1) CEO in the world. Lee Iacocca
How To Lead -
21st Century Organizations
It is important that you see people and that you are seen 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.
³ Peter F. Druker´
Goldman Sachs Looks for in Leaders
1. Act with a Profound sense of Integrity and airness. 2. Deliver usiness Results Through Commercial Excellence and People Development. uild Strong Client and Other External Relationships. 3. 4. Drive Teamwork Within and etween usinesses. 5. oster Learning, Innovation, and Change 6. Debate reely, Decide Swiftly, and Commit. 7. Promote Meritocracy by Welcoming and Leveraging Differences. 8. Develop Strategy and Execute. 9. Create Trust and Credibility Through Honest Communication.
Dr. Nay Zin Latt