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Presented By, Ketaki Bhirdikar –08-711 Jayesh Desai – 08-720 Pooja Jha – 08-729 Mitali Sorthi – 0

Presented By, Ketaki Bhirdikar –08-711 Jayesh Desai – 08-720 Pooja Jha – 08-729 Mitali Sorthi – 08-754 Punam Waghulde – 08-758. VALUABLE CEOs. Executive ----> Manager - --->Leader ----> CEO

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Presented By, Ketaki Bhirdikar –08-711 Jayesh Desai – 08-720 Pooja Jha – 08-729 Mitali Sorthi – 0

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  1. Presented By, Ketaki Bhirdikar –08-711 Jayesh Desai – 08-720 Pooja Jha – 08-729 Mitali Sorthi – 08-754 Punam Waghulde – 08-758 VALUABLE CEOs

  2. Executive ----> Manager ---->Leader ----> CEO • CEO - The executive who is responsible for a company's operations, usually the President or the Chairman of the Board. • Valuable – Worth a great deal of Money, Extremely useful or important. • Business is a corporation or not, i.e., whether it has a board of directors or not.

  3. DEFINITION OF CEO Board of directors - CEO is the singular organizational position that is primarily responsible to carry out the strategic plans and policies as established by the board of directors. CEO reports to the board of directors. Without Board of directors - CEO is the singular organizational position that sets the direction and oversees the operations of an organization.

  4. CORE AREAS OF KNOWLEDGE Leading Organizing Planning Co-ordinating Activities and Resources Basic in Management & Leadership

  5. ESSENTIALS OF A VALUABLE CEO Have a strong vision Management savvy Personal style Interpersonal & intrapersonal qualities Succession planning

  6. RESPONSIBILITIES OF CEO • Strategic responsibility • Strategist • Keeper of corporate image • Architect • Policy Related Responsibility

  7. CONT… • Operational Related Responsibility • Performance Management • Operational Management • Process Management • People management

  8. CASE STUDIES

  9. SWEET SUCCESS NARENDRA MURKUMBI

  10. ABOUT THE COMPANY • Founders • largest listed sugar company in western and southern India • Exponential growth • Products: • Sugar • Power • Ethanol • Bio fertilizers

  11. ABOUT THE COMPANY • Country’s most efficient sugar processor • Largest marketer of sugar & ethanol in India • Exponential growth • Fastest growing company in India’s sugar & biofuel sector

  12. THE YOUNG CEO • Vice President & MD • Age- 39 • IIM-A alumni • Murkumbi- BioAgro • 1995- Shree Renuka Sugar • Ranked 6th in Businessworld Survey

  13. THE YOUNG CEO • Management style • Innovative • Leading from the front • Ability to spot talent • Socially responsible

  14. BUSINESS MODEL • Take over sick sugar plants & turn them around • Leased Asset base • Co-power generation • International sugar trading • Conceptualized raw sugar refining

  15. BUSINESS MODEL • Value to farmers by equity stake • Elimination of middlemen • International foray

  16. REWRITING RULES…REINVENTING PARADIGMS • “Way you do business is very important”. • Core-competencies do not hold true. • Successful entrepreneurs have the ability to jump to new opportunities. • Scalability important factor. • Social responsibility.

  17. India’s Biotech Queen DR. KIRAN MAZUMDAR SHAW

  18. ABOUT THE COMPANY • 1978-Collaboration between Biocon Biochemicals Limited and DR. Shaw. • Initial operation- extract an enzyme from papaya. • Came up with IPO in 2004. • 2nd Indian Company to cross a market capitalisation of one billion US $ on the first day of listing.

  19. ABOUT THE COMPANY India's first biotechnology company to export microbial enzymes to USA and Europe. 1st Indian company to be approved by US FDA for the manufacture of pplovastatin, a cholesterol-lowering molecule. 1st in Asia and 16th globally in biotechnology space. Today - an integrated biotechnology enterprise focused on the development of biopharmaceuticals.

  20. Woman Entrepreneur Trainee brewer in Carlton & United Beverages in 1974. India’s 1st brew master in 1975. Trainee Manager with Biocon Biochemicals Limited in Ireland in 1978. Started Biocon India in 1978 with capital of Rs 10,000. Transformed Biocon,an industrial enzymes company into an integrated biopharmaceutical company with strategic research initiatives.

  21. Awards and Recognitions Padma Shri (1989). Ernst & Young Entrepreneur of the Year Award in Healthcare & Life Sciences Category (2002). The Economic Times Business Woman of the Year Award (2004). Lifetime Achievement Award from Indian Chamber of Commerce (2005). Padma Bhusan (2005).

  22. Learning's for aspiring entrepreneurs Perseverance Market-focus approach. Leadership is about shared vision. Risk taking ability. An eye for future. “If you have a vision, a plan and the conviction, you should follow it and success will come your way”- DR Kiran Mazumdar Shaw

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