Leadership Style of Deepak Parekh - 1812 Words

1. INTRODUCTION Good Leaders are made not born. If we have the desire and will power we can become an effective leader. Good leaders develop through a never ending process of self-study, education, training and experience. Leadership is a process whereby an individual influences a group of individuals to achieve a common goal. A leader must have an honest understanding of who he or she is and what he or she can do. To be successful a leader has to convince his followers to give their best so that they achieve a common goal. The leader has to be practical and realistic, yet must talk the language of the visionary and the idealist. One of the most important qualities a leader must have is vision. No matter how much hard work is put into†¦show more content†¦All this could not have been possible without the vision, entrepreneurship and astute leadership of Deepak Parekh. He has contributed significantly over the years to the growth of finance and accountancy profession, and his efforts have been widely acknowledged and honoured with his appointment or inclusion to various committees and commissions constituted by the government to address many a challenge. He was conferred with the international outstanding achievement award for 2010 by ICAEW in recognition of his phenomenal achievements as well as his influence on the financial sector and business in India. It is said that it was purely on the basis of humanitarian philosophy which he shared with his uncle, that he was able to further the cause of which HDFC was founded- to provide housing finance to the indian middle –class ,despite very little early success and not much coming in terms of investment – barring some occasional help from the World-bank. Today, with a 30,000 strong network of agents, HDFC has been able to help fulfil the dreams of millions of Indians of owing a house, which has in turn seen it register an astonishing annual growth of 30% year after year. 3. LEADERSHIP QUALITIES Deepak Parekh is also known to be the Man for all Seasons. By his vision and values he shows what a true leader is about. However, his passion is not limited to making businessesShow MoreRelatedEssay about different types of leadership styles9138 Words   |  37 Pages 3. Among the different types of leadership styles, which style would be suitable to a democratic country like India to become superpower in business? Justify your answer. LEADERSHIP The only definition of a leader is someone who has followers. To gain followers requires influence but doesnt exclude the lack of integrity in achieving this. Indeed, it can be argued that several of the worlds greatest leaders have lacked integrity and have adopted values that would not be shared by manyRead MoreProject on Hdfc Mutual Fund23334 Words   |  94 PagesLIMITED (AMC) AMC was incorporated under the Companies Act, 1956, on December 10, 1999, and was approved to act as an AMC for the Mutual Fund by SEBI on July 30, 2000. The registered office of the AMC is situated at Ramon House, 3rd Floor, H.T. Parekh Marg, 169, Back bay Reclamation, Church gate, Mumbai - 400 020. In terms of the Investment Management Agreement, the Trustee has appointed HDFC Asset Management Company Limited to manage the Mutual Fund As per the terms of the Investment Management