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Indian Style of Leadership

1) The document discusses the leadership style of Deepak Shantilal Parekh, an Indian businessman who transformed HDFC. 2) It notes that Indian leadership styles tend to be paternalistic and focused on strategic vision, organizational culture, and motivating employees. 3) Deepak Parekh joined HDFC in 1978 and transformed it through his nationalistic vision, entrepreneurial acumen, time management skills, ability to retain employees, analytical troubleshooting skills, and credibility gained through numerous awards.

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Vikrant Milton
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4K views20 pages

Indian Style of Leadership

1) The document discusses the leadership style of Deepak Shantilal Parekh, an Indian businessman who transformed HDFC. 2) It notes that Indian leadership styles tend to be paternalistic and focused on strategic vision, organizational culture, and motivating employees. 3) Deepak Parekh joined HDFC in 1978 and transformed it through his nationalistic vision, entrepreneurial acumen, time management skills, ability to retain employees, analytical troubleshooting skills, and credibility gained through numerous awards.

Uploaded by

Vikrant Milton
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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INDIAN STYLE OF

LEADERSHIP
A Case Study on
Deepak Shantilal Parekh

Vikrant Milton
M.B.A.(P.T.) 1st Semester
I am more afraid of an army of
100 sheep led by a lion than
an army of 100 lions led by a sheep.

- Talleyrand
…something’s not right here
Indian Prespective
• Culture & Values of nation drive Leadership
Style.

• Indian society- collectivist & conservative.

• Leadership- based on Paternalism.


Indian Prespective

• Indian companies- once unknown but now


world class competitors.

• Focus on Indian business leaders & CEOs.

• Source of competetive advantage?


Indian Prespective

• Numerous studies.

• ‘The DNA of Indian Leadership’- Wharton


Business School- Indian CEOs stress on strategic
vision, organizational culture, motivating
employees, setting an example.
Deepak Shantilal Parekh
• Born- 18 October 1944.

• Childhood in Burma.

• CA from England.

• Began career with Ernst & Ernst Consultancy in


New York.
Deepak Shantilal Parekh

• Joined HDFC in 1978. (Nationalistic)

• Transformed HDFC. (Vision & Entrepreneurial


acumen)
Deepak Shantilal Parekh

• As per HDFC employees- hard taskmaster, yet


always accessible & helpful.

• He can cram 48 hour schedule into 24 hours. (Time


Management)

• No HDFC senior employees (Directors, GMs) have


left over past decade. (People Retaining Skills)
Deepak Shantilal Parekh
• Unofficial Crisis Manager- Mr. Solution-
(Analytical & Troubleshooting Skills)

UTI.
RBI advisory group- Securities Market Regulation.
TRAI.
Investment Commission for FDI inflows.
Satyam
Deepak Shantilal Parekh

• Does not use a computer.

• Interests- Hindi music, Bridge.

• Supports 25 NGOs.
Deepak Shantilal Parekh

• Awards- (Credibility & Recognition)

Businessman of the Year 1996 by Business India.


JRD Tata Corporate Leadership Award by AIMA.
Corporate Award for Lifetime Achievement by
Economic Times.
Padma Bhushan.
Deepak Shantilal Parekh

• Deepak Parekh’s greatest gifts is his ability to reach


out to people and make them feel special.

- The Hindu Business Line


Questions

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