KV KAMAT – A BUSINESS LEADER LEARNING: Mr.Kamath’s learning started when he joined the prestigious Indian Institute of Management, Ahmedabad (IIM-A) for a Masters Degree in Business Administration. The two-year curriculum at IIMA served as a valuable input in the process of his development as a manager and future business leader.
the depth of talent in the organisation and the ability of the organisation to absorb people's contribution, and to enable them to move on and let others contribute to its growth. Learning is a continuous process and this is evident in Mr. Kamath’s life also.He has observed
To him these are important lessons in the process of how you evolve and how an organisation evolves --you learn from others, including your peers on the board, your colleagues in the organisation and from the Industry. INTELLECTUAL ABILITIES: He showed tremendous intellectual abilities when he was in IIM-A.When students struggled with assignments till the last day,he used to submit them well in advance.His abilities to do things quickly and make wise decisions led him to become a visionary.
VALUES,ATTITUDES: INSTRUMENTAL VALUES OF MR.KAMATH: Ambitious Capable Intellectual Imaginative TERMINAL VALUES OF MR.KAMATH: A sense of accomplishment Social recognition Self-respect
PERSONALITY:
MOTIVATION: LEADERSHIP: VISIONARY LEADER
Kamath is the visionary, whose initiative has brought Internet banking to India. Not only that, K V Kamath is the man responsible for the introduction of ATM Cards in India!. A firm believer in the concept of Universal Banking - the ability to provide complete financial services to different classes of customers - Kamath has been instrumental in expanding the Group's services to the retail customers. Under him, ICICI has made significant progress in creating a strong retail focus and building the personal financial services business. Looking back to the changes in the environment, he believes that financial, human, technology and speed capital, would drive the financial services sector in the future and draw the boundaries for achieving leadership. His strategy has therefore revolved around augmenting these Capitals.
for K V Kamath, chief executive officer of India's second largest banking and financial services organisation, ICICI, who is seeking to transform ICICI into a top global bank - but with a difference
LEADERSHIP SKILLS: 1.TECHNICAL SKILLS: 2.HUMAN SKILLS: 3.CONCEPTUAL SKILLS: ACHIEVEMENT-ORIENTED LEADERSHIP according to the path-goal theory the type of leader CONSULTATIVE LEADERSHIP:
Kamath has had to recruit a lot of people over this time and looks for five characteristics: intellect or a high level of competence; entrepreneurial leaders who can pick the right team; a can-do attitude; the ability to withstand shocks without getting flustered or losing direction, and; ability to focus, focus, focus without getting diverted from the core business.
EMOTIONAL INTELLIGENCE AND LEADERSHIP: COPY FROM STEPHEN ROBINS PAGE 332. TRUST AND LEADERSHIP: FIVE COMPONENTS: 1.INTEGRITY: 2.COMPETENCE: 3.CONSISTENCY: 4.LOYALTY: 5.OPENNESS KNOWLEDGE-BASED TRUST He trusted the team members abilities completely.The relationship between the two parties is knowledge based,both the parties have enough experience working with each other.The team members now have gone to take more responsibilities after Mr.Kamath has become the chairman of ICICI. He says that You need alignment of interests for a team and a strong belief in your ability to execute. You need a can-do attitude.
He clearly sees that the dreams of his business depend on the people in it and in the process he has not tried to recruit clones. IDENTIFICATION-BASED TRUST Somewhat there is identification-based trust also because they understand the needs and wants of each other.
This seems to have been very much the driving force for K V Kamath, chief executive officer of India's second largest banking and financial services organisation, ICICI, who is seeking to transform ICICI into a top global bank - but with a difference.