Integrated Thinking: Create value & ensure sustainable business MIPA-CIMA Annual Seminar Presentation by Rishi Sookdawoor, President & CEO – BAI Co (Mtius) Ltd 22 August 2014

business leadership theme of the talk

AutocraticDemocraticLaissez-faire typical styles Boss-centered Limited EE participation Participative / Consultative High EE involvement EE-centered High degree of EE freedom

Leaders should adjust their leadership styles according to situations…by telling, selling, participating, and delegating in accordance with the readiness of their followers Source: Adapted from Paul Hersey, Situational Selling (Escondido, CA: Center for Leadership Studies, 1985), p. 19. Leadership Behaviours

business leadership the roles let’s discover……

inspire - engage - mobilise - forge - innovate

“business leaders today have to be more rounded than they used to be, they have to be completely multi-functional and fast- moving” - Sir Stuart Rose

“The key to successful leadership today is influence not authority” - Kenneth Blanchard

Business Leadership which maximises the efforts of people towards the achievement of goal …emotions, opinions, or behaviours are affected by others which maximises the efforts of people towards the achievement of goal …emotions, opinions, or behaviours are affected by others Process of social influence

Integrated Thinking: Create value & ensure sustainable business Create Value Ensure Sustainability ?

Thought Leadership Vision & Strategy Innovation EE Engagement Execution Discipline Organisational Culture Create Value Ensure Sustainability transformational

changing role business leaders

– Seeing the connection between external trends and the implications for core business – Creating the conditions to enable leadership to emerge – Encouraging innovation and framing challenges that inspire it – Influencing mind sets and culture Changing Role of Business Leaders 1 1 connect-create-encourage-influence

– Set & measure appropriate metrics – Having the courage of one’s convictions and persisting in the face of challenges – Recognizing and rewarding positive new behaviours and outcomes – Ensuring support where needed Changing Role of Business Leaders 2 2 set-measure-recognise-reward

– Contributing to public debate with an informed point of view – Proactively leading change in consumer and supplier behaviour, industry norms and government policy – Engaging in dialogue to understand and empathise with groups and communities with perspectives contrary to one’s own – Engaging in multi-stakeholder collaboration with unconventional partners Changing Role of Business Leaders 3 3 contribute-collaborate-lead change

Leading for the Long Term – Creating sustainable value – Creating conditions for Leadership to emerge across levels – Creating change agents Changing Role of Business Leaders 4 4 creating a dynamic culture

business leadership desired qualities to cope with the ever changing world

IAGE I magination (Innovative, Creative, Smart, Sharp…) A uthenticity (Genuine, Ethical, Integrity, Right…) Go Getter (Influence, Drive, Dynamism, Passionate, Leader, Make it happen…) Excellence (in everything we do) M M indset (Right Mental Attitude;)

Thank you! Create value & ensure sustainable business MIPA-CIMA Annual Seminar Presentation by Rishi Sookdawoor, President & CEO – BAI Co (Mtius) Ltd 22 August 2014