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Leadership defined,attributes of leadership,cooperative leadership, professionalization of leadership,role of board and executives, conflicts and remedies
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PARAMJIT SHARMA
Leadership Development
in Cooperatives
PARAMJIT SHARMA
1. Leadership - definition2. Attributes of Leadership3. Cooperative Leadership4. Professionalisation 5. Role of Board & Executives6. Role Conflicts & Remedies
Major Issues
PARAMJIT SHARMA
Leadership-definition
•Setting Values & Objectives•Leading People with them•Ability to acquire & Organize Resources•Getting Feedback•Giving Support & Trust•Determination To achieve Objectives•Taking Responsibilities for critical Decisions•Standing Up for Others•Resolving Conflicts•and…….
1
PARAMJIT SHARMA
ATTRIBUTES OF LEADERSHIP
2
PARAMJIT SHARMA
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VISIONTransformationalstyles
TRUST Communication
EMPOWERMENTTEAMWORK
2ATTRIBUTES OF LEADERSHIP
MOTIVATION
PARAMJIT SHARMA
- TRUSTTRUST
If you trust people to do their best ,they wont Disappoint you
If you trust people to do their best ,they wont Disappoint you
2
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If you communicate openly & honestlyYou will promote healthy relationship& excel at problem solving
COMMUNICATION2
PARAMJIT SHARMA
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If you help others find more meaningIn work than making money,
They will do more than put in time
If you help others find more meaningIn work than making money,
They will do more than put in time
MOTIVATION 2
PARAMJIT SHARMA
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If you share power with others,they will use it to renew themselves
and the organisation
If you share power with others,they will use it to renew themselves
and the organisation
EMPOWERMENT 2
PARAMJIT SHARMA
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If you work as a team to get the job doneYou will do better than anyone
can do alone
If you work as a team to get the job doneYou will do better than anyone
can do alone
TEAMWORK 2
PARAMJIT SHARMA
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If your leadership style shows thatpurpose and people are equally important,you can transform your organisation and
thrive in a changing environment
If your leadership style shows thatpurpose and people are equally important,you can transform your organisation and
thrive in a changing environment
LEADERSHIP STYLES 2
PARAMJIT SHARMA
2Leadership-Field Marshal Manekshaw
Professional knowledge & competence
Ability to take Decisions
Absolute Justice & Impartiality
Moral & Physical Courage
Human Touch
PARAMJIT SHARMA
3COOPERATIVE LEADERSHIP
•Coop Produced Leaders like, Vaikunthbhai, Dr.Gadgil, Tribhuvanbhai•Professionals have knowledge-leaders have wisdom•Success lies in combination of Both•Successful coops have Professional Leadership•Political Base•Democratic vs Imposed Leaders•Weak Grassroots' Leaders
Need Leaders for future
PARAMJIT SHARMA
Professional in Board
Professional CEO
Understanding Operation and Markets
Growth Perspective
Professionalism 4
PARAMJIT SHARMA
Need for professionalisation in Cooperatives
-AtOrganizational
Level
•VISSION•MISSION•GOALS•OBJECTIVES•CULTURE
4
PARAMJIT SHARMA
AT MANAGEMENT LEVEL
•Corporate Governance•Strengthening Human Resource•Top Level-motivated & Committed•Board-Trustworthy & dedicated•Harmony at all levels•Technological Applications
4
PARAMJIT SHARMA
At Operational Level
1 FINANCIAL
UnderstandingFinancialStatements
2Managing Cost
•Manpower Downsizing•Enhancing Productivity•Financial discipline
3Management of Risk
InvestmentInvestmentRecoveryRecovery
4Diversification4
PARAMJIT SHARMA
ROLE OF BOARD & EXECUTIVES
5
Bhagwati Prasad
1. Select, evaluate, replace senior management.
2. Oversee: Strategies, management of cooperative resources.
3. Review, approve major plans and actions.
4. Other functions prescribed by law.
Boards of Directors: Duties and Functions 5
PARAMJIT SHARMA
Laying down Code of Conduct
Overseeing Disclosures
Evaluating Performance of mgt
Ensuring Appropriate fin. Systems
Checking Conflicts
BOARD CONTROLS in 5
PARAMJIT SHARMA
Formulate &review policies/strategiesMajor plans of actionRisk policyAnnual budgets & Business plansSetting performance objectivesMonitoring performanceOverseeing major Capital Exp.Acquisitions & DisinvestmentsCompliance with applicable laws
Board Directs 5
PARAMJIT SHARMA
CORE COMPETENCIES OF BOARD
•Recognizing BOD’S tasks•Integrity•Sense of Accountability•Track record of Achievements•Leadership Qualities•Ability to think Strategically•Show Commitment to Cooperative•Devote time for attending meetings,• Preparation &Participation
5
PARAMJIT SHARMA
Executive Management-functions
•Assisting BOD in decisions•Implementing policies •Maximizing Share holders Interest•Providing timely, accurate, Substantive &material inf. to Board, Committees & S Holders•Compliance of Regulation. & laws•Protect Share Holders rights & interests•Setting & implementing Effective IC system
Contd…
5
PARAMJIT SHARMA
ExecutiveManagement- functions
•Implementing & complying With code of ethics by Board
•Cooperating & facilitating Efficient working of Board
•Disclosure of transactions
*personal interest *conflict of interest
5
PARAMJIT SHARMA
Role Conflict Between Board & Executives
6
PARAMJIT SHARMA
Role Conflicts-Board & Executives
•Governance Models•Nomination To Board•Bureaucratic/Deputationist CEO•Vested Interests•Role Ambiguity•Interference•Appointments
6
PARAMJIT SHARMA
Governance Model - 1
ELECT
MGT
EXECT
MGT
Elected
Management
Exect. Mgt
6
PARAMJIT SHARMA
Governance Models - 2
6
Elected Executive
Elected Executive
PARAMJIT SHARMA
Role Conflicts – suggestive remedies
•Consensus-zone of agreement•Objectivity in decisions•Role clarity•Performance Evaluation •Transparency•Continuous Flow of Information•Training to All•Model code of conduct•Institutional Interest•Financial Discipline
6
PARAMJIT SHARMA
Ethics & Values
PARAMJIT SHARMA
16 Basic Values
1. Controlled Greed2. Pursuit of pleasure3. Efficiency & Work Ethics4. Truthfulness5. Transparency & Honesty6. Compassion & Charity7. Piety8. Sacrifice9. Stoic dignity10.Pride, Anger, Envy & Violence11.Camaraderie & Fraternity12.Trust & Cooperation13.Tolerance Pluralism14.Gratitude& Respectfulness15.Harmony with Society, Self & Nature16.Evolutionary Destiny & Cooperation
PARAMJIT SHARMA
GOVT. SUPPORT COOPERATIVESMARKET FORCES
LOANS
CAPITAL
GRANTS
SUBSIDIES
CREDIBILITYMANAGERIAL
FINANCIALUNPROF’LISM
POLITICSLESISLATION
VIABILITY
COM,TETIONINNOVATION
CHANGESPROF’LISMFINANCE
CONF’TIONS
QUALITY
TIME
POLICIES
I’FERENCE
COOPERATIVE DILEMMA
PARAMJIT SHARMA
Thanks
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