Principles of Management

Top Ten Leaders of the World

During Last Decade

Group Members

1Khurram Shakeel 2Syed Junaid

Ali

3M. UmerSiddiqui

4HammadAnwar

5M. Usman

Farooq

Leadership Introduction

Origin, importance, and types

The process has been central to human interactions since the dawn of society.

Influenced socially which means leaving a mark.

Initiating and guiding, and the result is transformation.

Originated from the word “laden” back in 1300s, while the term leadership followed some five centuries later.

Study of leadership is multidisciplinary with contributions from social sciences.

Perception that is both current and timeless, in one form or another.

Leadership Introduction

Type

s of L

eade

rsa) Teachers: Rule breakers and value creatorsb) Heroes: Responsible for great causes and noble worksc) Rulers: Motivate principally to dominate others

Teachers Heroes Rulers

Muhammad (PBUH) Edison Alexander

Buddha Newton Akbar

Jesus Einstein Hitler

Aristotle da Vinci Napoleon

Socrates Shakespeare Jinnah

1955-2011United StatesInformation Technology

Technologist with the heart of an artist

Steven P. JobsApple/Pixar

Recognition

» Co-founder of Apple, occurred in 1970’s along with Steve Wozniak

» Originate NeXT, a computer platform development company in

1985

» Acquired the computer graphics division of Lucasfilm in 1986, which

spun off as Pixar Animation Studios

» Returned to his original company after Apple acquired NeXT in 1996

» Served as a Director of Walt Disney Co. from May 2006 till his last

» Named one of the Time Magazine's top 25 most influential people

» In 2009, named as CEO of the decade by Fortune Magazine

» The Financial Times named him the person of the year for 2010

Apple - Rise and Fall

» Founded in 1976, through selling Apple I personal computer kit

» Year later, Apple II series introduced, led to Apple Lisa in 1983

» In 1984, Apple Macintosh was born with GUI, 128K Expandable

Memory, and Pointing device

» In 1985, a tiff occurred amongst Jobs and CEO John Scully, leads to

Job’s resignation and formation of NeXT Inc. the same year

» Afterwards, Apple’s sales and shine began to wear off and stock

prices continued to slide downwards

» In 1997, Apple was veering dangerously close to bankruptcy

NeXT - A New Venture

» Founded in 1985, with the intention of providing powerful

computers for higher education, and business

» Introduced the first NeXT Computer in 1988, and the smaller NeXT

Station in 1990

» That machine was a commercial washout but helped with future

work in object-oriented programming

» In 1993, launch OPENSTEP, its implementation for several OEMs

» Also developed WebObjects, one of the first enterprise web

application frameworks

Pixar - A Master Stroke

» Bought in 1986 from George Lucas and reformed it as Pixar

» Got three film contract from Disney and created first computer

animated film, Toy Story in 1995

» Produced thirteen feature films amongst twelve of the films have

received both critical and financial success

» Studio has earned 26 Academy Awards, seven Golden Globe

Awards, and three Grammy Awards

» None of the Pixar film has ever NOT been a top ten grossing film in

the year it was released

Pixar - The Money Machine

Apple - Return to Profitability

» In 1996, Apple's acquisition of NeXT brought Jobs back to the

company which was then close to bankruptcy

» Immediately Jobs made his impact felt by introducing the iMac, and

two video editing software named iMovie and Final Cut Pro

» In 2002 the company launched the iPod, and sparked the commence

of iTunes Store

» Followed that up with two more hits, the iPhone in 2007 and the

iPad in 2010

» Nearly 15 years later, stock prices have gone from $6 to $350

Extraordinary Man by Standards

» Since returning to Apple, everything Jobs touch seems to turn to gold

» In 2006, Pixar’s sales to Disney for $ 7.4 billion increased his power

and left him the biggest shareholder

» For all his success, health is one area of his life that has been unable

to control, thereby in 2011, Jobs resigned as CEO of Apple

» Leaving behind a legacy that changed the computer, music, film and

wireless industries

» Visionary, an entrepreneur, a savvy advertising client, and from what

everyone who knew him has said, a good friend

1951-PresentUnited StatesHealth Care

Advancing Therapeutics, Improving Lives

John C. Martin, PhDGilead Sciences

Preface - Gilead Sciences

» Founded in 1987, company has operations in North America, Europe,

Australia and Asia Pacific

» Research-based biopharmaceutical company that discovers, develops and

commercializes medicines

» Primary areas of focus include HIV/AIDS, liver diseases, cancer,

cardiovascular, metabolic, and respiratory conditions

» Portfolio of 14 marketed products including the only complete treatment

regimens for HIV infection available - as well as the first agent, to be

approved for HIV prevention in uninfected adults

» Member of the NASDAQ Biotechnology Index and the S&P 500

Accomplishments

» 1984-1990, employed at Bristol-Myers Squibb, a pharmaceutical company,

as a Director of Antiviral Chemistry

» Employed at Syntex Corporation, a pharmaceutical company, from 1978 to

1984 where co-invented ganciclovir

» President and CEO of Gilead Sciences Inc. from 1996-2008 prior joining in

1990 as Vice President for R&D followed by COO in 1995

» Chairman of the Board of Gilead Sciences Inc., since May 2008

» Honored by the American Chemical Society and the International Society

for Antiviral Research

Recognition

» Holds a PhD in Organic Chemistry from the University of Chicago and MBA

in Marketing from Golden Gate University

» Affiliate with the Board of Directors of the California Healthcare Institute

and Gen-Probe Inc.

» Member of the Presidential Advisory Council on HIV/AIDS from 2006-2009

» Served as President of the International Society for Antiviral Research

since 1998-2000

» Served on the Centers for Disease Control and Services Administrations

Advisory Committee

» Presently ON Board Member of the Biotechnology Industry Organization

Assessment and Growth

» Dr. Martin as been the brains behind one of the fastest-growing drug stocks

on Wall Street since taking over in 1996 - about 2,700% in those 15 years

» Like Jobs, he soaked up the technical knowledge necessary to lead such a

highly cerebral company and understood how to take calculated risks and

use capital responsibly to grow and squeeze out competitors

» After riding high due to successful antiviral medications, in 2006 made

quality acquisitions to enter into the profitable cardiovascular and

respiratory markets

» Currently in Phase III testing for four HIV/AIDS treatments, with one more

in Phase I trials and four additional medications in pre-clinical runs

Product Approvals Timeline

» Scientific breakthrough is almost always the product of collaboration and

Gilead places high value on partnering with companies and organizations

whose strengths complement and augment our own

Mergers and Acquisitions

Year Company Price

1999 Nexstar Pharmaceuticals $550 million

2003 Triangle Pharmaceuticals $464 million

2006 Corus Pharma, Inc. $365 million

2006 Myogen, Inc. $2.5 billion

2006 Raylo Chemicals, Inc $148 million

2007 Nycomed fr. Altana - Cork $47 million

2009 CV Therapeutics, Inc. $1.4 billion

2010 CGI Pharmaceuticals $120 million

2010 Arresto Biosciences, Inc. $225 million

2011 Calistoga Pharmaceuticals $375 million

2012 Pharmasset, Inc $10.4 billion

1947-PresentUnited StatesConsumer Goods

Most highly regarded CEO in P&G’s history

Alan George LafleyProcter & Gamble

Introduction

» Former Chairman of the Board, President, and Chief Executive

Officer of Procter & Gamble; Retired in 2010

» Credited with making P&G as a more consumer-driven and

externally focused company and with shaping a far more diverse,

open, curious and courageous, connected and collaborative culture

in which "innovation is everyone’s job"

Education

» Graduated from Fenwick High School in Oak Park, Illinois, and earned

an A.B. from Hamilton College in 1969

» In 1970, after beginning a doctoral program at the University of

Virginia, took a commission with the U.S. Navy as a supply officer

during the Vietnam War

» Afterwards, studied at Harvard Business School, receiving his MBA in

1977

Achievements

» Joined P&G upon his graduation, where he worked until his retirement

» With Lafley leading the company for most of the 2000s, P&G more than

doubled sales since the beginning of the decade

» The company’s portfolio of billion-dollar brands grew from 10 to 24 and the

number of brands with sales between $500 million and $1 billion increased

five-fold with Lafley at P&G’s helm

» Further, during Lafley’s tenure, the Company’s market capitalization more

than doubled, making P&G one of the five most valuable companies in the

U.S. and among the 10 most valuable companies in the world

Management Style

» Since taking charge in 2000, when P&G was sinking under the weight of too many

new products and organizational changes, Lafley has refocused on consumers and

rejuvenated core businesses

» Reaffirmed P&G's Purpose and Values and refocused the Company on the few

choices necessary to get the business back on track: growing its leading categories

and brands with its largest retail customers in its top geographic markets while

accelerating growth in health, beauty and personal care and in fast-growing sectors

When discussing what made P&G successful, Lafley once said they had a clear

strategy, and were prepared to put all of their resources, people and money behind

it. He was in charge of selecting his leadership team and looked for people with

courage and a willingness to change

Hunt for Innovation

“Innovation isn’t always easy to come by. You have to be willing to ask for help and let partners in business know that you are innovating. Even if your business is a known leader in innovation, you have to let it be known that you are looking for assistance with new innovations.”

» Keeping this in mind a platform established in P&G by Lafley where former and

current P&Ger’s connected to each other

» Connect on business ideas, they connect on entrepreneurial ideas and they connect

on innovation and through that gets a lot of leads from former P&Ger’s, colleagues

of former P&Ger’s, and friends of former P&Ger’s

» Utilizes their websites to gain ideas. You have to use all your resources if you want

to find the best innovations and ideas. To find or develop products or services that

will become true game-changers, you have to be able to get different view points on

that innovation

Innovate for the Consumer

» P&G innovations have become so successful and a part of people’s daily lives

because the company innovates its brands with the customer in mind 100 percent

of the time

» Not only does P&G innovate with the customer in mind, but it strives to understand

its customer base for new products

» Innovating products that customers can’t live without doesn’t come without trial

and error. You have to be willing to fail and work until you get a product that

consumers want

» Encouraged fast failure and preferred cheap failure

» Due to continuously strive for innovation they bought Gillete in 2005 to help grow

the company

Find what customers want

» Careful planning in terms of financial, human resources, , in partner

investment and acquisition investment for creating the future

» To build upon your innovation, you have to know what consumers are

looking for and what you can do to give them what they want. You have to

know what products are and aren’t the right fit for your business

» Focuses on building a product that delivers better value and a better

experience in performance value

Credentials

» 1977 - Brand Assistant» 1978 - Sales Training, Denver Sales District» 1978 - Assistant Brand Manager, Tide» 1980 - Brand Manager, Dawn & Ivory Snow» 1981 - Brand Manager, Special Assignment & Ivory Snow» 1982 - Brand Manager, Cheer» 1983 - Associate Advertising Manager, PS&D Division» 1986 - Advertising Manager, PS&D Division» 1988 - General Manager, Laundry Products, PS&D Division» 1991 - Vice President-Laundry and Cleaning Products, Procter & Gamble USA» 1992 - Group Vice President, The Procter & Gamble Company, and President Laundry and

Cleaning Products, Procter & Gamble USA» 1994 - Group Vice President, The Procter & Gamble Company, and President-Procter & Gamble

Far East» 1995 - Executive Vice President, The Procter & Gamble Company, (President-Asia, Procter &

Gamble Asia)» 1998 - Executive Vice President, The Procter & Gamble Company, (President-North America)» 1999 - President-Global Beauty Care and North America» 2000 - President and Chief Executive» 2002 - Chairman of the Board, President and Chief Executive» 2007 - Chairman of the Board and Chief Executive Officer

Activities

» Member, Board of Directors, General Electric Company» Member, Board of Directors, General Electric Company» Member, Board of Directors, Dell, Inc.» Member, American Society of Corporate Executives» Member, The Business Council» Member, The Business Roundtable» Member, Board of Directors, Grocery Manufacturers of America» Member, Board of Directors, United Negro College Fund» Member, Board of Trustees, Hamilton College» Member, Harvard Business School Board of Dean’s Advisors» Member, The Lauder Institute Board of Governors (Wharton School of Arts & Sciences)» Member, McKinsey Advisory Council» Member, Board of Trustees, U.S. Council for International Business» Chairman, Cincinnati Center City Development Corporation (3CDC)» Past Member, Board of Trustees, Xavier University» Past Member, Board of Directors, General Motors Corporation» Past Member, American Chamber of Commerce in Japan» Past Member, G100 (formerly The M&A Group)» Past Member, Board of Trustees, Cincinnati Symphony Orchestra» Past Member, Board of Trustees, The Seven Hills School» Past Member, Board of Trustees, Medical Center Fund of Cincinnati» Past Member, Board of Trustees, Cincinnati Playhouse in the Park» Past Member, Board of Trustees, Cincinnati Fine Arts Fund

Recognition and Thought-Leadership

» A.G. is broadly recognized for his business leadership

» Awarded "CEO of the Year 2006" by Chief Executive Magazine and the Peter G.

Peterson Award for Business Statesmanship presented by the CED in 2009

» In 2010, received the Edison Achievement Award, in recognition of his

contributions to innovation, marketing, and human-centered design

» Recognized with the 2010 Hall of Achievement Award, the highest honor given by

the Grocery Manufacturers Association

» In 2011, awarded the Warren Bennis Award for Leadership Excellence

» In 2008, Lafley and Ram Charan published The Game Changer, an operating

manager's guide to turning innovation into strategic advantage. Business Week

selected The Game Changer as one of the year's Top Ten Business Books

1956-PresentUnited StatesMultinational Conglomerate

The head of US President’s Jobs Council

Jeffrey R. ImmeltGeneral Electric

Recognition

» Chairman of the board and chief executive officer of the US based

conglomerate General Electric

» Chairperson of the President’s Council on Jobs and Competitiveness

which President Barack Obama created on February 6, 2009

» Earned a B.A. degree in Applied Mathematics from Dartmouth

College in 1978

» Got MBA from Harvard Business School in 1982

» Since then associated with GE till today

Achievements

» Held several global leadership positions since coming to GE in 1982

including roles in GE's Plastics, Appliance, and Healthcare businesses

» In 1989, became an officer of GE and joined the Capital Board in 1997

» In 2000, Mr. Immelt was appointed as President and CEO

» GE's chief executive is powerful for many reasons, but here's one that's

often overlooked: the company's AAA credit rating

» Only six US industrial corporations hold that credential, and it gives GE a

huge competitive advantage in the finance-related businesses that bring

in most of its profit

Achievements

» Due to which company sell its big-ticket products - jet engines, industrial

turbines, CT scanners, locomotives, and so forth - by offering financing that

competitors can't beat

» Add a century of experience in developing the world's best managers and

management practices, and GE becomes a very tough organization to catch up

with or oppose

» Mr. Immelt has been named one of the World's Best CEO three times by

Barron's, and since he began serving as chief executive officer, GE has been

named America's Most Admired Company in a poll conducted by Fortune

magazine and one of The World's Most Respected Companies in polls by

Barron's and the Financial Times

Management Approach

» Personal Responsibility: Enron and 9/11 marked the end of an era of individual

freedom and the beginning of personal responsibility. Lead today by building teams

and placing others first. It’s not about yourself.

» Simplify Constantly: Every leader needs to clearly explain the top three things the

organization is working on. If they can't, then they're not leading well.

» Understand Breadth, Depth, and Context: How your company fits in with the world

and how they respond to it.

» Importance of alignment and time management: There is no real magic to being a

good leader. But at the end of every week, one should have to spend time around

the things that are really important: setting priorities, measuring outcomes, and

rewarding them.

Management Approach

» Leaders learn constantly and also have to learn how to teach: A leader's primary

role is to teach. People who work with one don't have to agree with, but they have to

feel they're willing to share what they've learned.

» Stay true to your own style: Leadership is an intense journey into yourself. They can

use their own style to get anything done. It's about being self-aware. Every morning

look in the mirror and say, 'I could have done three things better yesterday.

» Manage by setting boundaries with freedom in the middle: The boundaries are

commitment, passion, trust, and teamwork. Within those guidelines, there's plenty of

freedom. But no one can cross those four boundaries.

» Leave a few things unsaid: Might know an answer, but often let the team find its own

way. Sometimes, being an active listener is much more effective than ending a

meeting with me enumerating 17 actions.

Credentials

» Director, Chairman, and CEO of General Electric Company

» Director NBC Universal Media, LLC

» Chairman of the Board and CEO General Electric Capital Services Inc.

» Director Robin Hood Foundation

» Trustee Ronald Reagan Presidential Foundation Inc.

» Director Catalyst Inc.

» Chairman GE India Services Holding Limited

» Executive Chairman, CEO and Member of Public Responsibilities Committee

General Electric Company (2000-Present)

» Director, Member of Management and Budget Committee The Federal Reserve

Bank of New York (2006-2011)

» Trustee Dartmouth College (2008-Present)

1925-PresentMalaysiaUnited Malays National Organization

Longest-Serving Elected Leader

Mahatir MohamadPolitician

Recognition

» Malaysian politician who was the 4th Prime Minister of Malaysia

» Held the post for 22 years from 1981 to 2003, making him Malaysia's

longest serving Prime Minister

» Political career spanned almost 40 years

» 21st Secretary General of Non-Aligned Movement

» Got MBBS from King Edward VII College of Medicine in Singapore

» Founder of Look East Policy

Era of Reforms

» Utilized greater state intervention to promote heavy

industrialization and domestic imitations of Japanese

sogososhas (Trading companies)

» Imposed an austerity drive that reduced government spending

and placed state-owned enterprises under closer scrutiny

First Phase: 1981-1985

Era of Reforms

» Reduced business regulation for inter-ethnic redistribution

purposes

» Significantly encouraged higher value-added export-oriented

industries, skill development, and technology up-grading

Second Phase: 1986-1997

Era of Reforms

» Refused to take IMF bail-out package and bounced-back

quicker than others

» Conceptualized VISION 2020 further, where by the year

2020 Malaysia is expected to be fully developed country

Third Phase: 1998-2003

Achievements

» Per capita income increased 8 times during his tenure

» Turned a big slum into 18th biggest exporting country

» Single-handedly transformed, modernized, industrialized, and

strengthened the national economy

» Enable country to face the future by establishing the Multimedia

Super Corridor

» Fastest recovery from 1997 Asian Crisis in defiance of IMF

» Banking system embarked on the extensive use of modern

information technology

Infrastructure Development

» Announced the National Car Project, which is one of the many important

developments as Malaysians forges ahead

» Made Malaysia less depending on neighboring country’s port by constructed own

major ports like Tanjung Pelepas and West Port

» The North-South Highway, which has cut transport times in half on the west coast

of Malaysia

» The Multimedia Super Corridor, a flagship project based on Silicon Valley designed

to enable Malaysia's foray into information technology

» Kuala Lumpur International Airport (KLIA), and an adjacent Formula One Circuit

» The Petronas Twin Towers, that have become representative of modern Malaysia

Management Approach

» Lack of inhibition in speaking his mind - even when his

opinions go against the tide of conventional thinking

» Clean, Efficient and Trustworthy guidelines

» Accepted responsibility of his actions

» Instilling Islamic Values in Administration Policy

1957-PresentIndiaEnergy

India’s most famous private citizen

Mukesh D. AmbaniReliance Industries

Recognition

» Indian business magnate who is the chairman and managing director

of the conglomerate Reliance Industries Limited

» The company was ranked 99th in Fortune Global 500 and is India's

most valuable company by market value

» In 2010, named among the most powerful people in the world by

Forbes in its list of 68 people who matter most

» Member of the board of directors of Bank of America Corporation

» Present member of the international advisory board of the Council

on Foreign Relations

Credentials

» Chairman, Managing Director, Chairman of Finance Committee and Member of

Employees Stock Compensation Committee, Reliance Industries Limited

» Former Chairman, Indian Petrochemicals Corporation Limited

» Former Vice Chairman, Reliance Petroleum

» Chairman of the Board, Reliance Petroleum

» Chairman and Chairman of Audit Committee, Reliance Retail Limited

» Chairman, Reliance Exploration and Production DMCC

» Director, Member of Credit Committee and Member of Compensation & Benefits

Committee, Bank of America Corporation

Ranked 5th best performing CEO in the world by Harvard Business Review in its ranking of top 50 global CEOs

Achievements

» Joined Reliance in 1981 and initiated Reliance's backward integration journey

from textiles into polyester fibers and further into petrochemicals, petroleum

refining and going up-stream into oil and gas exploration and production

» Set up one of the largest and most complex information and communications

technology initiatives in the world in the form of Reliance Infocomm Limited

(now Reliance Communications Limited)

» Led the creation of the world’s largest grassroots petroleum refinery at

Jamnagar, with a current capacity of 660,000 barrels per day (33 million tonnes

per year) integrated with petrochemicals, power generation, port and related

infrastructure.

Management Approach

» Loves challenging situations

» Created an open environment so that everybody is on the

corresponding platform

» Infectious impatience' helps him succeed

1942-PresentSouth KoreaElectronics and Information Technology

A digital leader and an avid sportsman

Lee Kun-heeSamsung Electronics

Recognition

» Born in 1942, Chairman of Samsung Electronics

» Degree in Economics from Waseda University, Tokyo and attended

an MBA course at George Washington University, United States

» In 1996, became a member of the International Olympic Committee

» Involved in the successful third attempt to bring the 2018 Winter

Olympics to Pyeongchang

» Ranked among the Forbes richest people in the world

Issues and Concern

» Samsung Group was overly focused on producing massive quantities

of low-quality goods and that it was not prepared to compete in

quality

» Faced were how to provide the momentum leap from the developing

country model to the advanced country stage model

» Got accused in 2008, that Samsung is responsible for a slush fund

used to bribe influential prosecutors, judges, and political figures

» Resigned in 2008, and returned in 2010 as a chairman

Foremost Steps

» As early in 1973, started Semi Conductor Industry, sent there

company engineers to USA to work in semi conductor technology.

» Surprised the world by announcing the development of 64K bit RAM

and within 10 months Samsung were able to produce 256K bit RAM

» In 1993, Lee presided over the technological advancement staff

meeting for Samsung electronics and where he decided that now our

company slogan is Quality is our Pride.

» Due to huge diversity in product line, Lee famously said that Change

everything except your wife and kids.

Management Approach

Business Principles

Care for the environment,

health and safety

Maintain a clean organizational

culture

Comply with laws and ethical standards

Respect customers, share-holders and

employeesSocially responsible

corporate citizen

Success and Awards

» In 2004, received the Legion of Honour from French Government

» In 2006, received the James A. Van Fleet Award from the Korea Society

1940-PresentMexicoCommunication and Technology

World’s Wealthiest Person

Carlos Slim HelúTelemax

Recognition

» Mexican business magnate and philanthropist who is ranked as

the richest person in the world since 2010

» Chairman and Chief Executive of telecommunications

companies Telmex and América Móvil

» Vice-President of the Mexican Stock Exchange and President of the

Mexican Association of Brokerage Houses

» First president of the Latin-American Committee of the New York

Stock Exchange Administration Council, from 1996 through 1998

Mexico - Financial Crises

» In 1982 the Mexican economy, which had substantially relied on oil

exports, contracted rapidly as the price of oil fell and interest rates rose

worldwide

» Due to the bad situation of economy, all government sector were ruined

and begins to privatize there industries

» In those industries Mexican telecommunication sector is also goes down

» At that time, Slim acted in show with France Télécom and Southwestern

Bell Corporation in order to buy landline telephony company Telemex

from the Mexican government

Foremost Steps

» In 1990, Telmex was bought by a group of investors formed principally

by Carlos Slim Helú, France Télécom, and Southwestern Bell Corporation

» At that time Telemex loses its 90% shares and provides only landline

facilities

» By seek of new technology, Slim visits different telecom companies in

USA and France

» Telmex began investing in new modern infrastructure, creating a

nationwide fiber optic network, thus offering service to most of the

country

Highlights - Cellphone Mobile Unit

» In the 1990s mobile telephones were becoming popular among the general

population. The early market leader was Iusacell, and Telmex had no

presence in the market

» This prompted Telmex to form a subsidiary to provide mobile

communications which was found Radio Móvil Dipsa, and offered service

under the brand Telcel

» Telcel started out in a distant second place in its mobile market and began to

offer the first prepaid mobile phone plans, and its success ultimately

provided Telcel the growth needed to become the leader in the mobile

market within two years

Highlights - Internet

» In the mid-1990s Telmex began providing Internet access as an Internet

Service Provider with the brand Uninet. Year later, the brand was changed

to Telmex Internet Directo Personal (Telmex Direct Personal Internet)

» In 1996, Telmex bought Prodigy Communications and took the brand to

Mexico, renaming the service Prodigy Internet de Telmex

» As of 2005, Telmex holds more than 80% of the market as ISP, and is also the

leader in broadband access with its brand Prodigy Infinitum (ADSL)

Awards

» Slim has been awarded the Entrepreneurial Merit Medal of Honor from

Mexico's Chamber of Commerce

» Gold Patron of the American Academy of Achievement, a Commander in the

Belgian Order of Leopold II

» CEO of the year in 2003 by Latin Trade Magazine, and one year later CEO of

the decade by the same magazine

» In 2008 his philanthropy was recognized with the award of The National

Order of the Cedar by the Lebanese government

» In 2012 Slim was awarded an honorary degree from The George Washington

University

1966-PresentUnited StatesInternet Entrepreneur

Free Knowledge for Free Minds

Jimmy D. WalesWikipedia

Recognition

» Co-Founder, Wikipedia

» American Internet Entrepreneur and Wiki Pioneer

» Wikipedia: Largest and Most Popular General Reference work on the

Internet

» One of Time Magazine’s 100 Most Influential People of 2006

» Listed by the World Economic Forum as one of the Young Global

Leaders of 2007

Introduction

» Received his bachelor’s degree in finance from Auburn University and

started with the Ph.D. finance program at the University of Alabama, where

left with a Master’s.

» After that, took courses offered in the Ph.D. finance program at Indiana

University.

» Taught at both universities during his postgraduate studies, but left before

completing a PhD in order to take a job in finance and later worked as the

research director of a Chicago futures and options firm.

» On January 15, 2001, with Larry Sanger and others, Wales launched

Wikipedia.

Wikipedia

» Wales outlined his vision for Wikipedia:

"Imagine a world in which every single person on the planet is given free

access to the sum of all human knowledge. That’s what we're doing."

» It has no editors, no fact checkers and anyone can contribute an entry - or

delete one. It should have been a recipe for disaster, but instead Wikipedia

became one of the internet's most inspiring success stories.

» The number of readers of Wikipedia worldwide reached 365 million at the

end of 2009.

» As of May 2012, Wikipedia is the sixth-most-popular website worldwide.

Comparison

» At the time Wikipedia it was celebrating the publishing of its one millionth

entry in less than four years, the Oxford Dictionary of National Biography

launched its latest edition which took12 years to complete, yet contained a

comparatively small 55,000 biographies.

» The aforementioned dictionary cost some £25m to create. Wikipedia has so

far been bankrolled by Wales, but the total cost so far is still around

£300,000.

» The English Wikipedia alone has over 2.5 billion words, over 50 times as

many as the next largest English-language encyclopedia, Encyclopedia

Britannica.

Perceived Shortcoming

» Many critics have tried to downplay its role as a source of valid information and

have often pointed to the Encyclopedia Britannica as an example of an accurate

reference.

» Nature (online science news source) chose articles from both sites in a wide

range of topics and sent them to "relevant" field experts for peer review.

» Journal found just eight serious errors, such as general misunderstandings of vital

concepts, in the articles. Four came from each site.

» Discovered a series of factual errors, omissions or misleading statements. All told,

Wikipedia had 162 such problems, while Britannica had 123.

» Averages out to 2.92 mistakes per article for Britannica and 3.86 for Wikipedia.

Justification

» The truth is that Wikipedia is far from finished, but even now, flaws

and all, it is already one of the wonders of the digital age.

» It is available for free for everyone all over the world at all times.

» It has given a whole new meaning to the word free knowledge.

» Wikipedia was not the first attempt of its kind. But under the

leadership of Jimmy Wales it became the first to reach phenomenal

success. For this achievement Jimmy Wales is considered to be one of

the most successful leaders of the past decade.

1964-PresentUnited StatesEntrepreneur

World’s Largest Online Retailer

Jeffrey P. BezosAmazon

Recognition

» American entrepreneur who played a key role in the growth of e-

commerce as the Founder and CEO of Amazon.com, Inc.

» Named Time magazine's Person of the Year in 1999

» In 2008, selected by U.S. News & World Report as one of America's

Best Leaders

» Awarded an honorary doctorate in Science and Technology from

Carnegie Mellon University in 2008

» In 2011, The Economist gave Bezos an Innovation Award for the

Amazon Kindle

Introduction

» Graduated from Princeton in 1986 with B.S. in electrical engineering and

computer science. And went on to work on Wall Street in the computer

science field.

» Worked on building a network for international trade for a company known

as Fitel followed by worked at Bankers Trust, where he became vice-

president.

» Later on he also worked in computer science for D. E. Shaw & Co where he

also became the vice-president.

» Left his well-paying job at a New York City hedge fund when he learned

about the rapid growth in Internet use and founded Amazon.com in 1994.

Introduction

» It is the world's largest online retailer.

» Amazon's initial business plan was unusual. The company did not

expect a profit for four to five years. When the dot-com bubble burst,

and many e-companies went out of business, Amazon persevered.

» It finally turned its first profit in the fourth quarter of 2001: $5 million

or 1¢ per share, on revenues of more than $1 billion.

» It made tremendous growth during the past decade. For the year

2011 it made a Net Income of $631 million.

Amazon - Business Principles

» Customer Obsession: We start with the customer and work backwards

» Innovation: If you don’t listen to your customers you will fail. But if you only listen to your

customers you will also fail.

» Bias for Action: We live in a time of unheralded revolution and insurmountable

opportunity–provided we make every minute count.

» Ownership: Ownership matters when you’re building a great company. Owners think long-

term, plead passionately for their projects and ideas, and are empowered to respectfully

challenge decisions.

» High Hiring Bar: When making a hiring decision we ask ourselves: “Will I admire this

person? Will I learn from this person? Is this person a superstar?”

» Frugality: We spend money on things that really matter and believe that frugality breeds

resourcefulness, self-sufficiency, and invention!

Justification

» There are, and have been, a huge number of competitors in e-

commerce business but under the leadership of Jeff Bezos,

Amazon.com is light years ahead of all of them

“If they keep this up, there’s a good possibility that you’re looking at

shopping malls going the way of the record store and the bookstore

and the video rental store”

» For playing such an influential role in developing the innovative field

e-commerce with such huge success, Bezos surely considered to be

one of the most top leaders of the past decade.

It’s not just about the visuals, but strengthening

OUR MESSAGE

Conclusion

» The purpose of our presentation is not just to categorize and pass judgment

but to seek inspiration in the examples of great leaders.

» A common theme we see in the examples of all these leaders is that success

is not achieved over night. It requires creativity and imagination along with

continuous unrelenting efforts and determination.

» If we learn the importance of leadership traits from these examples and

apply ourselves to sharpen those skills through study and practice.

» It you do it well, who knows maybe one day one of you might be presented

somewhere in some class room in the same way that we have presented

these great leaders here today.

Questions?Thank You