leadership development in corporate sector @ naarm 27 aug 2010

8/9/2019 Leadership Development in Corporate Sector @ NAARM 27 Aug 2010

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Leadership Development in Corporate SectorITC Experiences

TAAS-NAARM National Dialogue onBuilding Leadership in Agricultural Research Management

Hyderabad, 27 Aug 2010

S Sivakumar


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Why should there be anything to learn from ITC?

S Sivakumar


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An unparalleled Triple Bottom Line performance!

S Sivakumar

Financial: $ 23 billion Market Capitalisation

Social: Integrated 5 million rural livelihoods into value chains

Environmental: Water +ve, Carbon +ve, Solid Waste recycling +ve


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Whats the Formula? The Three Vs!

Delivered by

internal Vitality

S Sivakumar

Inspired by

a compelling Vision

Guided by

enduring Values


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How does ITC nurture its internal Vitality?

1. Clear articulation of desired competencies

2. An integrated HRM approach

S Sivakumar

3. Strategy of Organisation as a force multiplier

4. Platforms to support a Self-learning Resource


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Competencies desired in ITC Leaders

1

StrategicMindset

ConsumerOrientation

People

4 3

Making

Things HappenLeadingChange

These competencies apply across all responsibility levels,and metrics are defined specific to each level


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ITCs Integrated HRM Approach

Recruitment:

Learning &

Development:

Employee Life

Cycle

PerformanceCareer

S Sivakumar

& FuturePotential

Results &Processes

Rewards:

Monetary &

Non Monetary

Leverage thediversity of ITC


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ITC Strategy of Organisation: The Force Multiplier

The Decentralised Structure serves as a

crucible for developing Distributed Leadership

through hands-on work experience as leaders

S Sivakumar

Corporate Governance framework that derives thebenefits of focus for each business, while creatively

blending its diverse pool of core competencies to

generate new sources of competitive advantages


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Platforms to support a Self-learning Resource

Group Induction, Thematic

Competency specific Programmes

eg. Innovation (part of Leading

Change competency) aided byintersection of disciplines

3600

Faculty, Post

Programme Projects with

-

S Sivakumar

Growth

OpportunitiesSelf

Actualisation

Meritocracy

,

Vibrant Intranet

,

Opportunity to enhanceinternal networks


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ITCs Vision provides the over-arching inspiration

Commitment beyond the Market

Serving the broader societal purpose,while delivering sustainable

shareholder value is at the core

This imparts a larger purpose andmeaning to individual endeavour. It is

aspirational, unifying and motivational

S Sivakumar

The Vision requires each of ITC's businesses to attainleadership on the strength of international competitiveness

Simultaneously contributing to enhance

the competitiveness of the larger value

chains of which ITC is a part

This broader commitment has led to

the creation of unique business models

(eg ITC eChoupal, Social Farm Forestry)


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And the Values guide the means to those ends

Stretch the LimitInnovation

Triple Bottom LineTrusteeship

S Sivakumar

Human DignityTeam Work

CitizenFirst


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And what did we do on the ITC Centenary Day?

S Sivakumar

Took a fresh guard towards the next Century!


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Thank You

S Sivakumar

leadership development in corporate sector @ naarm 27 aug 2010

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