Indian Style Of Leadership

INDIAN STYLE OF LEADERSHIP A Case Study on Deepak Shantilal Parekh Vikrant Milton M.B.A.(P.T.) 1st Semester

I am more afraid of an army of 100 sheep led by a lion than an army of 100 lions led by a sheep. - Talleyrand

…something’s not right here

Indian Prespective • Culture & Values of nation drive Leadership Style. • Indian society- collectivist & conservative. • Leadership- based on Paternalism.

Indian Prespective • Indian companies- once unknown but now world class competitors. • Focus on Indian business leaders & CEOs. • Source of competetive advantage?

Indian Prespective • Numerous studies. • ‘The DNA of Indian Leadership’- Wharton Business School- Indian CEOs stress on strategic vision, organizational culture, motivating employees, setting an example.

Deepak Shantilal Parekh • Born- 18 October 1944. • Childhood in Burma. • CA from England. • Began career with Ernst & Ernst Consultancy in New York.

Deepak Shantilal Parekh • Joined HDFC in 1978. (Nationalistic) • Transformed HDFC. (Vision & Entrepreneurial acumen)

Deepak Shantilal Parekh • As per HDFC employees- hard taskmaster, yet always accessible & helpful. • He can cram 48 hour schedule into 24 hours. (Time Management) • No HDFC senior employees (Directors, GMs) have left over past decade. (People Retaining Skills)

Deepak Shantilal Parekh • Unofficial Crisis Manager- Mr. Solution(Analytical & Troubleshooting Skills) UTI. RBI advisory group- Securities Market Regulation. TRAI. Investment Commission for FDI inflows. Satyam

Deepak Shantilal Parekh • Does not use a computer. • Interests- Hindi music, Bridge. • Supports 25 NGOs.

Deepak Shantilal Parekh • Awards- (Credibility & Recognition) Businessman of the Year 1996 by Business India. JRD Tata Corporate Leadership Award by AIMA. Corporate Award for Lifetime Achievement by Economic Times. Padma Bhushan.

Deepak Shantilal Parekh • Deepak Parekh’s greatest gifts is his ability to reach out to people and make them feel special. - The Hindu Business Line

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