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Q1. STUDY THE INCEPTION ANDQ1. STUDY THE INCEPTION AND

GROWTH OF SATYAMGROWTH OF SATYAM

y 1987 started with 20 employees.

y 1991 converted to Public limited

company.

y 1991-2008 grew to become the fourth

largest IT services company in India with

operations in 63 countries and revenues

of over US$ 2 milllion.

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ANALYSE THE IMPORTANCE OF VISIONARYANALYSE THE IMPORTANCE OF VISIONARY

LEADERSHIP FOR THE GROWTH OF ALEADERSHIP FOR THE GROWTH OF A

COMPANYCOMPANYy Integrated/Co-located Care.

y Innovative Practices

y The visionary leader do on-site observation leading to personal perception of changes insocietal values from an outsider's point of view.

y Even though if there is resistance, never give up; squeeze the resistance between outside-in pressure in combination with top-down inside instruction.

y Transformation is begun with symbolic disruption of the old or traditional systemthrough top-down efforts to create chaos within the organisation.

y The direction of transformation is illustrated aimed by a symbolic visible image and thevisionary leader's symbolic behaviour.

y Real change leaders are necessary to enable transformation.

y Create an innovative system to provide feedback from results.

y Create a daily operation system, including a new work structure, new approach tohuman capabilities and improvement activities.

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EXAMINE THE IMPORTANCE OF HAVING AEXAMINE THE IMPORTANCE OF HAVING A

STRONG BOARD AND GOVERNANCESTRONG BOARD AND GOVERNANCE

STRUCTURESTRUCTURE to provide checks and balances.

responsible for financial oversight.

need to make difficult decisions.

determines that monies are well spent interms of systems.

how to allocate non-profit resources relativeto the mission.

choosing to end the year with a negativecash flow or cross-subsidize programs.

Fundraising

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ELABORATE THE REASONS THAT LEDELABORATE THE REASONS THAT LED

TO THE FALL OF RAJU.TO THE FALL OF RAJU.

y Pressure to meet the expectation:

y Growing competition.

y Threat of being overtaken.

y Overconfidence on his ability.

y Personal benefits:

y Siphoning off funds.

y Salary of non existence 13000 employees

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HOW WOULD YOU GO ABOUT APPRECIATING THEHOW WOULD YOU GO ABOUT APPRECIATING THE

IMPORTANCE OF ETHICAL LEADERSHIP IN YOURIMPORTANCE OF ETHICAL LEADERSHIP IN YOUR

ORGANIZATIONORGANIZATION

What is Ethical Leadership?

y The ethical leader understands that positive relationships are

the gold standard for all organizational effort.y Good quality relationships built on respect and trustnot

necessarily agreement, because people need to spark off eachotherare the single most important determinant oforganizational success.

y The ethical leader understands that these kinds of relationshipsgerminate and grow in the deep rich soil of fundamental

principles: trust, respect, integrity, honesty, fairness, equity,justice and compassion.

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THE IMPORTANCE OF ETHICALTHE IMPORTANCE OF ETHICAL

LEADERSHIPLEADERSHIPy Fostering positive relationships provides benefits at three levels of

organizational life.

y It is important to the individualas he or she comes to work every day and

engages in activities that can fall anywhere along a spectrum from

rewarding and fulfilling to disempowering, toxic and debilitating.

y No less in need of empowering ethical relationships is the team, large or

small, formal or informal, project-focused or maintenance-orientedin

every case it depends on supportive relationships among team members.

y Finally, the organization as a whole with vast spans of communication and

disparate areas of responsibility needs a bonding agent to make people feel

they are making a unique and valuable contribution to the whole.

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y Ethical leadership across all three levels

nourishes the relationships that empower

human enterprise.

y Individual personal well-being.

y Energizing the team.

y The organizational whole.

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Individual personal wellIndividual personal well--being.being.

y unconscious capitalism, a human

doctrine focused on profit and unmindful

of the collateral damage to people,

society and the ecology of the planet.

y the rise of conscious capitalism where

people let their actions be guided by

moral principles.

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Energizing the team.Energizing the team.

y the whole is never the sum of its parts. It will always

be greater when people work together, supporting and

encouraging each other to achieve their personal best

and compound the performance of the team.

y This kind of team effort derives from relationships

where people value the worth of all members and

where the leader working with emotional intelligence

lubricates the mechanism of the group mind.

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The organizational whole.The organizational whole.y At the organizational level the best model to emulate for exquisite

performance comes from biology in the form of our own physicalhuman body.

y Here trillions of cells work in perfect harmony and cooperation,somehow knowing what to do to support one another to producehealth and well-being of the whole.

y If an outlaw or cancer cell breaks this code and goes unchecked, it

can destroy the body. There is a clear analogy to the businessorganization.

y Just as the disease of cancer or other breakdown occurs in thehuman body if the cells dont work together, so in businessorganizations if people dont honor each others worth andrecognize their interdependence, so sub-optimal performance or

even breakdown results.