14/06/2010

LEADERSHIP

TOPIC
 LEADERSHIP ANALYSIS OF KIRAN MAZUMDAR SHAW
(CHAIRMAN OF BIOCON)

SUBMITTED BY
JINCY ALEXANDER
(O9CB12)

SUBMITTED TO: Mrs.CATHERINE KWANTES

 CONTENT

 KIRAN MAZUMDAR SHAW

 LIFE OF KIRAN MAZUMDAR SHAW

 KIRAN MAZUMDAR SHAW IN BIOCON

 ACHIEVEMENTS OF MRS. SHAW

 KIRAN MAZUMDAR SHAW’S BIOCON LTD

 MAJOR PRODUCTS OF BIOCON

 ANALYSIS OF LEADERSHIP

 KIRAN AS AN ENTREPRENEUR

 UNIQUE FEATURES OF KIRAN MAZUMDAR SHAW

 VISION OF Mrs. SHAW

 PERSONALITY TRAITS OF KIRAN SHAW

1. Determination
2. Confidence
3. Motivation
4. Socially Responsible
5. Strategic Planning
6. Innovation
7. Risk Taker
8. Five Factor Personality

 STYLE APPROACH OF KIRAN MAZUMDAR SHAW

 CONTIGENCY APPROACHOF KIRAN MAZUMDAR SHAW

 KIRAN AS A TRANSFORMATIONAL LEADER

 CONCLUSION

 MY LEARNINGS

 REFERENCES
KIRAN MAZUMDAR SHAW
Dr. Kiran Mazumdar Shaw is an Indian enterprenur .She is the chairman and CEO of

Biocon Ltd, India’s largest Biotechnology company. She founded it in 1978. In 2004 she

became India’s richest women. As per 2009 Forbes ranking Mrs. Shaw is the 92th most

powerful women among first 100.She started the firm when biotechnology was quiet

unfamiliar name to Indians.

LIFE OF KIRAN MAZUMDAR SHAW

Dr. Kiran Mazumdar Shaw born on 23rd march in the year 1953 and educated at the

Bishop Cotton girls school and Mount Carmel college at Banglore. After her under

graduation in Zoology she went to study brewing in Ballarat Institute of Advanced Education

in Australia. She started her professional career as trainee brewer in Carlton & United

Breweries in 1974 and she became India’s first Brew master. In 1978 she joined as a trainee

manager with Biocon Biochemicals limited in Ireland.

KIRAN MAZUMDAR SHAW IN BIOCON

Dr. Kiran founded Biocon India in the year 1978 collaboration with the Irish firm

Biocon Biochemicals limited with a capital of only Rs.10,000. Initially she faced many
problems regarding the funding of the firm. The banks refused to give loans to Kiran due to

2 reasons: firstly it was a new name to Indians and secondly the company lacked assets.

Over the years the company grew under the stewardship of Mrs. Shaw and today it is

the biggest Pharmaceutical Indian firm. In 2004 Biocon issued its IPO and she regarded as

India’s richest women having an estimated worth of Rs.2100 crores (US$ 480 million). She is

termed as India’s Biotech Queen by The Economist and Fortune, and India’s Mother of

invention by the New York Times.

ACHIEVEMENTS OF MRS. SHAW

Kiran Mazumdar Shaw is an entrepreneur who has the potentional to take risk and she

succeded in turning Biocon as India’s largest biotechnological firm.She has won many

awards and honours. Some of the major awards and prizes are:

 Nikkei Asia Prizes- Regional Growth by Nikkiei Inc. (2009)

 Wharton Infosys Business transformation Award (2006)

 Padma Bhusan (2005)

 Honorary Doctrate from Manipal Acadamy of Higher education –MAHE (2005)

 Life time Acheivement Award from Indian chamber of Commerce (2005)

 Honorary Doctorate of Science from Ballart Universty (2004)

 The Economic Times Business Women of the year (2004)

 Whirpool GR8 women award for science and technology (2004)

  Australian Alumni High Achiever Award from the IDP Australian Alumni

Association (2003)

 Ernst & Young Entrepreneur of the Year Award in Healthcare & Life Sciences

Category (2002)

 Woman of the Year from the International Women's Association, Chennai (1998–

1999)

 Padma Shri (1989)

 Outstanding Young Person Award by Jaycees (1987)

 Rotary award for the Best Model Employer (1983)

 Outstanding Contribution Award (AWAKE) (1983)

 Gold for Best Woman Entrepreneur, Institute of Marketing Management (1982)

KIRAN MAZUMDAR SHAW’S BIOCON LTD

Biocon is India’s leading Biotechnology enterprise. It is also India’s first Billion Dollar

company. In 2008 Biocon has been ranked among the world’s top 20 biotechnology company

by Med Ad News.

MAJOR PRODUCTS OF BIOCON

Its major product is Insulin and Humulin. It is India’s first biotech company to produce Oral

Insulin in October 2008.

Other products are:

 Biocon Cancer Drug- (BIOMAB-EGFR)

• Biocon Waste Water Treatment System.

• ABC- A pain relief Herbal Spray.

• WatCrc marine ber purifier System.

• Biocon Diesel fuel.

Biocon started as a company which extracts enzymes from the process of

Fermentation. Its first operation was to extract enzyme from Papaya. Over the years, Biocon

developed excellent skills both in solid fermentation and submerged fermentation and with

the help of that Biocon developed “ The Pla Fractor” which is a unique fermentation

technology. For Kiran it was to identify the opportunities and exploiting the skills set which

led to latest technologies.

Using Fermentatin skills, the company really grew up and implement Backward

Integration and started to manufacture statins which is required for fermentation. In biocon

enzymes increased cash flow, which turned Biocon as the largest selling class of drugs in the

world (US $ 20 bn) in terms of sales.

Biocon has two Business now:

Contract research

Clinical research work

The business shows Kiran’s Piloshopy of Learning and earning. Her philoshopy of

Shared wisdom and ownernship reflects in employees culture. The major factor behind
Biocon’s success is it has a strong management team and moreover the team has been with

the company for 14-23 years.

Biocons business growth was Driven by hike in Insulin sales in India and the

company Globally focused on emerging markets such as Latin America, West Asia, and

Asia.Biocon is about to launch BIOSIMILARS in the developed market. The company is

looking forward New drug discovery programmes and sme Strategic alliances with global

pharmaceutical companies.

ANALYSIS OF LEADERSHIP

KIRAN AS AN ENTREPRENEUR

Kiran Mazumdar Shaw, the chairperson of Biocon started her own business of only

Rs.10,000 in hand and a degree in Brewery is now the Richest women Entrepreneur in India.

Actually she became an entrepreneur by accident. She wants to start her Brewing industry

and inspite of her degree she started Biocon in 1978 which led to the foundation of India’s

Biotech industry. Still she have to overcome hurdles. Banks refused to give loans as she was

a women entrepreneur which was a rare phenomenon, lacking of assets and Biotechnology

which was a new field at that point of time.

She has become the Poster Girl for Indian women Entrepreneur, And she become

a source of inspiration to many others.Even after a number of failures she become a

successful leader. In India Kiran Mazumdar Shaw is a motivator of all aspiring women

entrepreneurs.

UNIQUE FEATURES OF KIRAN MAZUMDAR SHAW

VISION OF Mrs. SHAW

 Kiran’s unique vision has made Biocon’s transition from an enzyme production compay

to an integrated biopharmaceutical company with strategic research initiatives. Kiran wants to

become a coffee brew master, but she was thrown out due to the reason of being a women

and not even a women entered in that field before that. That lead her to think of her own

business and directed towards Biocon. His vision and Bicon’s Byline are same The difference

lies in our DNA’. Due to her strong vision Biocon is today acknowledged as India's

pioneering biotech enterprise.

PERSONALITY TRAITS OF KIRAN SHAW

In Kiran’s opinion a combination of several factors such as Determination, Value,

integrity and a sense of purpose which led her to ‘Succeeding against all odds which led her

to built up a valuable organisation through her effort.

DETERMINATION:

First when she Approched financial institutions but it refused because :

1) Company had no assets.

2) Biotechnology was a new concept to Indians.

3) Woman entrepreneur was a new word.

In that stage also her determination to build up Biocon didn’t turn down. It was first

company in world wide to produce Insulin and in October 2008 it developed oral insulin

too. As a leader she used to set feasible goals like production of enzymes and antibodies

from fermentation and research process.

CONFIDENCE:
 Her confidence level is clearly seen in her activities:

 She started her Business in relatively new and innovative field.

 When bank refused loans to Kiran

 She went against all odds as a belief that women can be an entrepreneur.

The confidence of Kiran was unexplainable when comparing that with the

challenges faced that she faced. The challenges have been evolved with the growth of

Biocon. First she faced challenges: her youthful age, her gender and the nature of unfamiliar

business.

Funding was also not easy to come. No banks were ready to give loans. Once she

overcome all these she had to face technological challenges to build a Biotech business in a

country like India which is nt so good in infrastructure at that point of time. The high tech

biotech industry dependent on high quality power, high technological lab, equipments etc.

Now the challenges has moved to maintain quality, about growth, and

managing a large company and managing investor expectations like other CEO’s.

MOTIVATION:

In Biocon employees feedback are being constantly asked for motivating them and it will

further help them to excel in their field. In Biocon Performance is done annually and

implement it in the end of the financial year. It helps to measure employees performance

helps to reduce grievances etc. Biocon also provides Behavioural training, leadership

programs, and compensation packages. Due to all these HR polices Attrition rate of less than

1% when compared with past years. She belives its her mission to bulid pride into her

workplace into her country.

Work place principles also helped to keep employees motivated

 Excellence.
  Integrity.

 Accountability.

 Organizational Pride.

 Fairness.

 Learning

 Informality in work place

 Elegant and refined working environment

SOCIALLY RESPONSIBLE

Biocon involved its support to various community programs and corporate

citizenship initiatives with a focus in the areas of healthcare, education, and environment.

The Biocon Foundation, in 2004 setup Arogya Raksha Yojana which is a unique health

initiative for rural India.

In her effort to preserve the originality of Bang lore, Kiran’s Home town, She

had proactively involved in various city improvement programs like the Bangalore

Agenda Task Force (BATF).

STRATEGIC PLANNING

Kiran’s strategy of running business is entirely different. She always focuses on R&D and

innovative strategy to produce new products. Biocon divests enzymes division for 115

million in US$ to NOVOZYMES to concentrate on Biocon’s Biopharmaceuticals. As a

part of Marketing and Distribution of the pharmaceuticals Biocon had acquired various

pharmaceuticals of Germany and Europe.

When Kiran began her company, she forecasts Biotechnology as a Big

opportunity than anything in this technological world. This is the strategy and the mindset

needed for business. What she had done is she had charted out her own path. She used to
mention her vision clearly that to build global leadership in specialty enzymes for food,

feed and beverages.

INNOVATION:

Kiran is an innovator in all sense in implementing a successful company, innovative ideas,

new products. She has a clear vision, she never followed any rules and regulations, she

made her employees to think innovative and keep on in research.

Some of the products of Biocon are:

INSUGEN R:

It is useful when Oral agents fail to control blood glucose levels or when therapy with

Insulin.

BIOMAB-EGFR:

This is used in head and neck cancer.

RAPACAN

This is used for the prevention of rejection and rescue therapy for rejection in renal

transplantation.

RISK TAKER:

Kiran is a risk taker from the beginning of Biocon itself. She showed it when she had done

her Post-Graduate in brewery which had never been touched by a woman In India. Then

when she failed to continue her career in Brewery she has been directed towards

Biotechnology industry which was a new business to Indians. But due to her Confidence

and determination she was able to be India’s richest woman.

 Other risks she had taken is in her organization is:

 Biocon’s R&D programme has been rapidly advanced

 Took the risk to produce Oral Insulin an Anti-CD6 Monoclonal antibody.

These two are the leading discoveries in the field of research programs.

FIVE FACTOR PERSONALITY:

Kiran Mazumdar Shaw is an Extrovert type.

She possesses features like:

 High self esteem: She likes herself and she is proud to be an Indian. She is

proud of her tradition and her culture.

 High on conscientiousness: She is reliable, responsible, organized, and

dependable.

 High on agreeableness: She is cooperating with her employees with her

stakeholder, warm and she is trusting too.

 .High on emotional stability: She possesses a positive emotional stability.

STYLE APPROACH OF KIRAN MAZUMDAR SHAW

In my point of view Kiran has a Team Management Leadership grid.

 She shows concern for her employees and for the results. Her company’s success

lies behind her 14-23 years old reliable management. This had been attained due to the

employee’s concern and motivation level she had shown in her leadership. Her company’s

innovative products and image had been in hype due to her commitment and concern for

the quality and result she has possessed. She is a leader who stimulates her employees to

participate, High determination, Gets issues into open and she is sociable who likes to

enjoy her work.

CONTIGENCY APPROACHOF KIRAN MAZUMDAR SHAW

I found from the leadership analysis that Mrs. Shaw comes under MIDDLE LPC’S

group.

She is a self directed, and not so much concerned what others may think about her

business. She is both task motivated and a person used to keep high relations with her

subordinates and employees. Kiran is a socio-independent and all middle LPC’s are socio-

independent. Kiran act according to her wish and doesn’t follow any rules and regulation

in her leadership. She acts independently.

KIRAN AS A TRANSFORMATIONAL LEADER

I observed that Kiran Mazumdar Shaw is a transformation leader like Narayana Murthy

or Ratan Tata. She had a Vision of her own and she is an individualised type. She never

follows what others do or never cares about what others think. She posses the ability for
 bringing changes or how to transform her organisation. She has an Intellectual simulation

to motivate her employees. She is to be referred as a Charismatic leader. She has an

intitution in her leadership styles.

CONCLUSION

“Great leaders have an inherent ability to influence and inspire. Great leaders are change

makers often bringing about transformational changes. They are able to convert skeptics

into admirers through delivering on their vision” (Quotes from Internet)

As I analyzed leadership of Kiran Mazumdar Shaw, I was able to understand that :

 She is a Proactive personality

 She identify opportunities, show initiative to fulfill any job.

 Her innovative ideas help to create positive change

 She keeps on developing contact with high place and stake holders.

For example she grabs the opportunity wherever she finds it:

In 2002, a chance to collaborate with CIAMB(centre for Molecular

Immunology),Cuba Biocon leaped into it Which resulted in the production of Antibodies and
cancer vaccines. Following that Biocon entered in partnership With NObex Inc, US

companyto deliver proteins orally.

Biocon has a clear strategy of entering into the Innovation Space through

collaborations that deliver them high value growth in present and in future.

MY LEARNINGS:

 Leadership is about creating a vision and mission, communicating that vision to

followers & directed them to move towards that vision and goal.

 Trust forms the essence of all relationships. The trust that she kept on her employees

and the trust employees kept on her.

 Customer is central to any business.

 Implementation of innovative ideas.

REFERENCES:

http://www.scribd.com/doc/30220838/Evolution-of-Kiran-
Mazumdar-Shaw
http://www.scribd.com/doc/28702456/Kiran-Mazumdar-Shaw
http://www.scribd.com/doc/19947133/Kiran-Shaw
http://www.scribd.com/doc/31191321/hr-ppt
http://www.scribd.com/doc/7379242/Indian-Entrepreneurs
http://www.scribd.com/doc/16265314/Indian-Enterprenures