top ten leaders

80
Principles of Management Top Ten Leaders of the World During Last Decade

Upload: junaid-ali

Post on 29-Sep-2015

221 views

Category:

Documents


0 download

DESCRIPTION

Top Leaders of the last decade

TRANSCRIPT

Principles of ManagementTop Ten Leaders of the WorldDuring Last Decade1Group Members 1Khurram Shakeel 2Syed JunaidAli 3M. UmerSiddiqui 4HammadAnwar 5Mian UsmanFarooq 2Leadership IntroductionOrigin, importance, and types

3The 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 anotherLeadership Introduction

4Types of LeadersTeachers: Rule breakers and value creatorsHeroes: Responsible for great causes and noble worksRulers:Motivate principally to dominate others

TeachersHeroesRulersMuhammad (PBUH)EdisonAlexanderBuddhaNewtonAkbarJesusEinsteinHitlerAristotleda VinciNapoleonSocratesShakespeareJinnah51955-2011United StatesInformation Technology

Technologist with the heart of an artist

Steven P. JobsApple/Pixar

6RecognitionCo-founder of Apple, occurred in 1970s along with Steve WozniakOriginate NeXT, a computer platform development company in 1985Acquired the computer graphics division of Lucasfilm in 1986, which spun off as Pixar Animation StudiosReturned to his original company after Apple acquired NeXT in 1996Served as a Director of Walt Disney Co. from May 2006 till his lastNamed one of the Time Magazine's top 25 most influential peopleIn 2009, named as CEO of the decade by Fortune MagazineThe Financial Times named him the person of the year for 20107Apple - Rise and FallFounded in 1976, through selling Apple Ipersonal computer kitYear later, Apple II series introduced, led to Apple Lisa in 1983In 1984, Apple Macintosh was born with GUI, 128K Expandable Memory, and Pointing deviceIn 1985, a tiff occurred amongst Jobs and CEO John Scully, leads to Jobs resignation and formation of NeXT Inc. the same yearAfterwards, Apples sales and shine began to wear off and stock prices continued to slide downwardsIn 1997, Apple was veering dangerously close to bankruptcy8NeXT - A New VentureFounded in 1985, with the intention of providing powerful computers for higher education, and businessIntroduced the first NeXT Computerin 1988, and the smallerNeXT Stationin 1990That machine was a commercial washout but helped with future work in object-oriented programmingIn 1993, launch OPENSTEP, its implementation for several OEMsAlso developed WebObjects, one of the first enterpriseweb application frameworks9Pixar - A Master StrokeBought in 1986 from George Lucas and reformed it as PixarGot three film contract from Disney and created first computer animated film, Toy Story in 1995Produced thirteen feature films amongst twelve of the films have received both critical and financial successStudio has earned 26Academy Awards, sevenGolden Globe Awards, and threeGrammy AwardsNone of the Pixar film has ever NOT been a top ten grossing film in the year it was released

10

Pixar - The Money MachineApple - Return to ProfitabilityIn 1996, Apple's acquisition of NeXT brought Jobs back to the company which was then close to bankruptcyImmediately Jobs made his impact felt by introducing the iMac, and two video editing software named iMovie and Final Cut ProIn 2002 the company launched the iPod, and sparked the commence of iTunes StoreFollowed that up with two more hits, the iPhone in 2007 and the iPad in 2010Nearly 15 years later, stock prices have gone from $6 to $35012Extraordinary Man by StandardsSince returning to Apple, everything Jobs touch seems to turn to goldIn 2006, Pixars 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 AppleLeaving behind a legacy that changed the computer, music, film and wireless industriesVisionary, an entrepreneur, asavvy advertising client,and from what everyone who knew him has said, a good friend131951-PresentUnited StatesHealth Care

Advancing Therapeutics, Improving Lives

John C. Martin, PhDGilead Sciences

14Preface - Gilead SciencesFounded in 1987, company has operations in North America, Europe, Australia and Asia PacificResearch-based biopharmaceutical company that discovers, develops and commercializes medicinesPrimary areas of focus include HIV/AIDS, liver diseases, cancer, cardiovascular, metabolic, and respiratory conditionsPortfolio 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 adultsMember of theNASDAQ Biotechnology Indexand theS&P 50015Accomplishments1984-1990, employed at Bristol-Myers Squibb, a pharmaceutical company, as a Director of Antiviral ChemistryEmployed at Syntex Corporation, a pharmaceutical company, from 1978 to 1984 where co-invented ganciclovirPresident and CEO of Gilead Sciences Inc. from 1996-2008 prior joining in 1990 as Vice President for R&D followed by COO in 1995Chairman of the Board of Gilead Sciences Inc., since May 2008Honored by the American Chemical Society and the International Society for Antiviral Research16RecognitionHolds a PhD in Organic Chemistry from the University of Chicago and MBA in Marketing from Golden Gate UniversityAffiliate with the Board of Directors of the California Healthcare Institute and Gen-Probe Inc.Member of the Presidential Advisory Council on HIV/AIDS from 2006-2009Served as President of the International Society for Antiviral Research since 1998-2000Served on the Centers for Disease Control and Services Administrations Advisory CommitteePresently ON Board Member of the Biotechnology Industry Organization17Assessment and GrowthDr. 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 yearsLike 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 competitorsAfter riding high due to successful antiviral medications, in 2006 made quality acquisitions to enter into the profitable cardiovascular and respiratory marketsCurrently in Phase III testing for four HIV/AIDS treatments, with one more in Phase I trials and four additional medications in pre-clinical runs18Product 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 ownMergers and AcquisitionsYearCompanyPrice1999Nexstar Pharmaceuticals$550 million2003Triangle Pharmaceuticals$464 million2006Corus Pharma, Inc.$365 million2006Myogen, Inc.$2.5 billion2006Raylo Chemicals, Inc$148 million2007Nycomed fr. Altana - Cork$47 million2009CV Therapeutics, Inc.$1.4 billion2010CGI Pharmaceuticals$120 million2010Arresto Biosciences, Inc.$225 million2011Calistoga Pharmaceuticals$375 million2012Pharmasset, Inc$10.4 billion1947-PresentUnited StatesConsumer Goods

Most highly regarded CEO in P&Gs history

Alan George LafleyProcter & Gamble

21IntroductionFormer Chairman of the Board, President, and Chief Executive Officer of Procter & Gamble; Retired in 2010Credited 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 everyones job"22EducationGraduated fromFenwick High SchoolinOak Park,Illinois, and earned anA.B.fromHamilton Collegein 1969 In 1970, after beginning a doctoral program at theUniversity of Virginia,took a commission with theU.S. Navyas a supply officer during theVietnam WarAfterwards, studied atHarvard Business School, receiving hisMBAin 197723AchievementsJoined P&G upon his graduation, where he worked until his retirementWith Lafley leading the company for most of the 2000s, P&G more than doubled sales since the beginning of the decadeThe companys 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&Gs helmFurther, during Lafleys tenure, the Companys 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 world24Management StyleSince 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 businessesReaffirmed 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 change25Hunt for InnovationInnovation isnt 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&Gers 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&Gers, colleagues of former P&Gers, and friends of former P&Gers 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 innovation26Innovate for the ConsumerP&G innovations have become so successful and a part of peoples daily lives because the company innovates its brands with the customer in mind 100 percent of the timeNot only does P&G innovate with the customer in mind, but it strives to understand its customer base for new productsInnovating products that customers cant live without doesnt come without trial and error. You have to be willing to fail and work until you get a product that consumers wantEncouraged fast failure and preferred cheap failureDue to continuously strive for innovation they bought Gillete in 2005 to help grow the company27Find what customers wantCareful 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 arent the right fit for your businessFocuses on building a product that delivers better value and a better experience in performance value28Credentials1977 - Brand Assistant1978 - Sales Training, Denver Sales District1978 - Assistant Brand Manager, Tide1980 - Brand Manager, Dawn & Ivory Snow1981 - Brand Manager, Special Assignment & Ivory Snow1982 - Brand Manager, Cheer1983 - Associate Advertising Manager, PS&D Division1986 - Advertising Manager, PS&D Division1988 - General Manager, Laundry Products, PS&D Division1991 - Vice President-Laundry and Cleaning Products, Procter & Gamble USA1992 - Group Vice President, The Procter & Gamble Company, and President Laundry and Cleaning Products, Procter & Gamble USA1994 - Group Vice President, The Procter & Gamble Company, and President-Procter & Gamble Far East1995 - 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 America2000 - President and Chief Executive2002 - Chairman of the Board, President and Chief Executive2007 - Chairman of the Board and Chief Executive Officer

29ActivitiesMember, Board of Directors, General Electric CompanyMember, Board of Directors, General Electric CompanyMember, Board of Directors, Dell, Inc.Member, American Society of Corporate ExecutivesMember, The Business CouncilMember, The Business RoundtableMember, Board of Directors, Grocery Manufacturers of AmericaMember, Board of Directors, United Negro College FundMember, Board of Trustees, Hamilton CollegeMember, Harvard Business School Board of Deans AdvisorsMember, The Lauder Institute Board of Governors (Wharton School of Arts & Sciences)Member, McKinsey Advisory CouncilMember, Board of Trustees, U.S. Council for International BusinessChairman, Cincinnati Center City Development Corporation (3CDC)Past Member, Board of Trustees, Xavier UniversityPast Member, Board of Directors, General Motors CorporationPast Member, American Chamber of Commerce in JapanPast Member, G100 (formerly The M&A Group)Past Member, Board of Trustees, Cincinnati Symphony OrchestraPast Member, Board of Trustees, The Seven Hills SchoolPast Member, Board of Trustees, Medical Center Fund of CincinnatiPast Member, Board of Trustees, Cincinnati Playhouse in the ParkPast Member, Board of Trustees, Cincinnati Fine Arts Fund30Recognition and Thought-LeadershipA.G. is broadly recognized for his business leadershipAawarded "CEO of the Year 2006" byChief Executive Magazineand the Peter G. Peterson Award for Business Statesmanship presented by the CED in 2009In 2010, received the Edison Achievement Award, in recognition of his contributions to innovation, marketing, and human-centered designRecognized with the 2010 Hall of Achievement Award, the highest honor given by theGrocery Manufacturers AssociationIn 2011, awarded the Warren Bennis Award for Leadership ExcellenceIn 2008, Lafley and Ram CharanpublishedThe 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."311956-PresentUnited StatesMultinational Conglomerate

The head of Obamas Jobs Council

Jeffrey R. ImmeltGeneral Electric

32RecognitionChairman of the boardandchief executive officerof the US based conglomerate General ElectricChairperson of thePresidents Council on Jobs and Competitiveness which PresidentBarack Obamacreated on February 6, 2009Earned a B.A. degree in Applied Mathematics from Dartmouth College in 1978Got MBA from Harvard Business School in 1982Since then associated with GE till today33AchievementsHeld several global leadership positions since coming to GE in 1982, including roles in GE's Plastics, Appliance, and Healthcare businessesIn 1989, became an officer of GE and joined the Capital Board in 1997In 2000, Mr. Immelt was appointed as President and CEOGE's chief executive is powerful for many reasons, but here's one that's often overlooked: the company's AAA credit ratingOnly 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 profit34AchievementsDue 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 beatAdd a century of experience in developing theworld's best managersand management practices, and GE becomes a very tough organization to catch up with or opposeMr. 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 byFortune magazine and one of The World's Most Respected Companies in polls by Barron'sand theFinancial Times35Management ApproachPersonal Responsibility: Enron and 9/11 marked the end of an era of individual freedom and the beginning of personal responsibility. You lead today by building teams and placing others first. Its not about you.Simplify Constantly: Every leader needs to clearly explain the top three things the organization is working on. If you can't, then you're not leading well.Understand Breadth, Depth, and Context: How your company fits in with the world and how you 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, you have to spend your time around the things that are really important: setting priorities, measuring outcomes, and rewarding them.36Management ApproachLeaders learn constantly and also have to learn how to teach : A leader's primary role is to teach. People who work with you don't have to agree with you, but they have to feel you're willing to share what you've learned.Stay true to your own style : Leadership is an intense journey into yourself. You can use your own style to get anything done. It's about being self-aware. Every morning, I 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: I may know an answer, but I'll 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.37CredentialsDirector, Chairman, and CEO of General Electric CompanyDirector NBC Universal Media, LLCChairman of the Board and CEO General Electric Capital Services Inc.Director Robin Hood FoundationTrustee Ronald Reagan Presidential Foundation Inc.Director Catalyst Inc.Chairman GE India Services Holding LimitedExecutive 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)381925-PresentMalaysiaUnited Malays National Organization

Longest-Serving Elected LeaderMahatir MohamadPolitician

39RecognitionMalaysianpolitician who was the 4th Prime Minister of MalaysiaHeld the post for 22 years from 1981 to 2003, making him Malaysia's longest serving Prime MinisterPolitical career spanned almost 40 years21stSecretary General of Non-Aligned Movement Got MBBS from King Edward VII College of Medicine in SingaporeFounder of Look East Policy40Era of ReformsUtilized 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 scrutinyFirst Phase:1981-198541Era of ReformsReduced business regulation for inter-ethnic redistribution purposes Significantly encouraged higher value-added export-oriented industries, skill development, and technology up-gradingSecond Phase:1986-199742Era of ReformsRefused to take IMF bail-out package and bounced-back quicker than othersConceptualized VISION 2020 further, where by the year 2020Malaysiais expected to be fully developed countryThird Phase:1998-200343AchievementsPer capita income increased 8 times during his tenureTurned a big slum into 18th biggest exporting countrySingle-handedly transformed, modernized, industrialized, and strengthened the national economy Enablecountryto face the future by establishing the Multimedia Super CorridorFastest recovery from 1997 Asian Crisis in defiance of IMFBanking system embarked on the extensive use of modern information technology44Infrastructure DevelopmentAnnounced the National Car Project, which is one of the many important developments as Malaysians forges aheadMade Malaysia less depending on neighboring countrys port by constructed own major ports like Tanjung Pelepas and West PortThe North-South Highway, which has cut transport times in half on the west coast of MalaysiaThe Multimedia Super Corridor, a flagship project based on Silicon Valley designed to enableMalaysia's foray into information technologyKuala Lumpur International Airport (KLIA), and an adjacent Formula One CircuitThePetronasTwinTowers, that have become representative of modern Malaysia45Management ApproachLack of inhibition in speaking his mind - even when his opinions go against the tide of conventional thinkingClean, Efficient and Trustworthy guidelinesAccepted responsibility of his actionsInstilling Islamic Values in Administration Policy461957-PresentIndiaEnergy

Indias most famous private citizen Mukesh D. AmbaniReliance Industries

47RecognitionIndian business magnate who is the chairman and managing director of the conglomerate Reliance Industries Limited The company was ranked 99th inFortune Global 500and is India's most valuable company bymarket valueIn 2010, named among the most powerful people in the world by Forbes in its list of 68 people who matter mostMember of the board of directors ofBank of America CorporationPresent member of the international advisory board of theCouncil on Foreign Relations48CredentialsChairman, Managing Director, Chairman of Finance Committee and Member of Employees Stock Compensation Committee, Reliance Industries LimitedFormer Chairman, Indian Petrochemicals Corporation LimitedFormer Vice Chairman, Reliance PetroleumChairman of the Board, Reliance PetroleumChairman and Chairman of Audit Committee, Reliance Retail LimitedChairman, Reliance Exploration and Production DMCCDirector, 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 CEOs49AchievementsJoined 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 productionSet 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 worlds largest grassroots petroleum refinery at Jamnagar, with a current capacity of 660,000 barrels per day (33million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure.50Management ApproachLoves challenging situationsCreated an open environment so that everybody is on the corresponding platformInfectious impatience' helps him succeed511942-PresentSouth KoreaElectronics and Information Technology

A digital leader and an avid sportsmanLee Kun-heeSamsung Electronics

52RecognitionBorn in 1942, Chairman of Samsung ElectronicsDegree inEconomicsfromWaseda University,Tokyoand attended anMBAcourse atGeorge Washington University, United StatesIn 1996, became a member of the International Olympic CommitteeInvolved in the successful third attempt to bring the2018 Winter Olympicsto PyeongchangRanked among the Forbesrichest people in the world53Issues and Concern Samsung Groupwas 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 chairman54Foremost StepsAs 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.55Management ApproachSuccess and Awards

In 2004, received theLegion of Honourfrom French Government.In 2006, received theJames A. Van Fleet Awardfrom theKorea Society.1940-PresentMexicoCommunication and Technology

Worlds Wealthiest PersonCarlos Slim HelTelemax

58RecognitionMexicanbusiness magnateand philanthropist who is ranked as therichest person in the world since 2010Chairman and Chief Executive of telecommunications companiesTelmexandAmrica MvilVice-President of theMexican Stock Exchangeand President of the Mexican Association of Brokerage HousesFirst president of the Latin-American Committee of theNew York Stock ExchangeAdministration Council, from 1996 through 199859Mexico - Financial CrisesIn 1982 theMexican economy, which had substantially relied on oil exports, contracted rapidly as the price of oil fell and interest rates rose worldwideDue to the bad situation of economy, all government sector were ruined and begins to privatize there industriesIn those industries Mexican telecommunication sector is also goes downAt that time, Slim acted in show withFrance TlcomandSouthwestern Bell Corporationin order to buy landline telephony company Telemex from the Mexican government60Foremost StepsIn 1990, Telmex was bought by a group of investors formed principally byCarlos Slim Hel,France Tlcom, andSouthwestern Bell CorporationAt that time Telemex loses its 90% shares and provides only landline facilitiesBy seek of new technology, Slim visits different telecom companies in USA and FranceTelmex began investing in new modern infrastructure, creating a nationwide fiber optic network, thus offering service to most of the country61Highlights - Cellphone Mobile UnitIn the 1990s mobile telephones were becoming popular among the general population. The early market leader wasIusacell, and Telmex had no presence in the market.This prompted Telmex to form a subsidiary to provide mobile communications which was found Radio Mvil Dipsa, and offered service under the brandTelcelTelcel 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 years62Highlights - InternetIn the mid-1990s Telmex began providingInternet accessas anInternet Service Providerwith the brandUninet. Year later, the brand was changed toTelmex Internet Directo Personal (Telmex Direct Personal Internet)In 1996, Telmex boughtProdigy Communications and took the brand to Mexico, renaming the service Prodigy Internet de TelmexAs of 2005, Telmex holds more than 80% of the market as ISP, and is also the leader in broadband access with its brandProdigy Infinitum(ADSL)63AwardsSlim has been awarded the Entrepreneurial Merit Medal of Honor from Mexico'sChamber of CommerceGold Patron of theAmerican Academy of Achievement,a Commander in the BelgianOrder of Leopold IICEO of the year in 2003 byLatin TradeMagazine, and one year later CEO of the decade by the same magazineIn 2008 his philanthropy was recognized with the award ofThe National Order of the Cedarby the Lebanese governmentIn 2012 Slim was awarded an honorary degree fromThe George Washington University641966-PresentUnited StatesInternet Entrepreneur

Free Knowledge for Free MindsJimmy D. WalesWikipedia

65RecognitionCo-Founder, Wikipedia American Internet Entrepreneur and Wiki Pioneer Wikipedia: Largest and Most Popular GeneralReference workon the InternetOne of Time Magazines 100 Most Influential People of 2006Listed by the World Economic Forum as one of the Young Global Leaders of 200766IntroductionReceived his bachelors degree in finance from Auburn University and started with the Ph.D.finance program at the University of Alabama, where left with a Masters.After that, took coursesoffered in the Ph.D. finance program at Indiana University.Taught at both universities during hispostgraduate 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.67WikipediaWales 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. Thats 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.68ComparisonAt 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.69Perceived ShortcomingMany 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. 70JustificationThe 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.711964-PresentUnited StatesEntrepreneur

Worlds Largest Online RetailerJeffrey P. BezosAmazon

72RecognitionAmerican 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 1999In 2008, selected by U.S. News & World Report as one of America's Best LeadersAwarded an honorary doctorate in Science and Technology from Carnegie Mellon University in 2008In 2011, The Economist gave Bezos an Innovation Award for the Amazon Kindle73IntroductionGraduated 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 1994.74IntroductionIt 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.75Amazon - Business PrinciplesCustomer Obsession: We start with the customer and work backwardsInnovation: If you dont 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 opportunityprovided we make every minute count.Ownership: Ownership matters when youre 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!76JustificationThere 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 themIf they keep this up, theres a good possibility that youre looking at shopping malls going the way of the record store and the bookstore and the video rental storeFor 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.77

Its not just about the visuals, but strengtheningOUR MESSAGE78ConclusionThe 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.79

Questions?

Thank You80