An IGB Presentation

COMPARISON OF LEADERSHIP STYLES

Vijay MallyaRahul Bhatia

MEET MR. RAHUL BHATIA

Born: December 18, 1955 (1955-12-18) (age 53) Bantwal, Karnataka, INOccupation: Chairman IndiGo , Group MD of Interglobe Enterprises, Gurgaon Fortune: Growing Net Worth: INR 40 billionCountry Of Citizenship: India Residence: Delhi , India, Industry: AirlinesMarital Status: married, Education: BS in Electrical Engineering, University of Waterloo, Canada . Experience: 2 yrs with IBM ,Pilot project to established a screen manufacturing plant

MEET DR. VIJAY MALLYA

18 December 1955 (1955-12-18) (age 56)Kolkata, West Bengal, IndiaOccupation: Rajya Sabha MP, Chairman- United Breweries Group, Kingfisher Airlines, Force India, Royal Challengers Bangalore ,United Racing and Bloodstock BreedersNet worth: US$1.2 billionFortune: Inherited and growing Source: Liquor Country Of Citizenship: India Residence: Bangalore , India, Asia & Australia Industry: BeveragesMarital Status: Married, 3 children Education: Bachelor of Arts / Science, Calcutta University

A LOOK AT THEIR CORPORATE VALUES

Ingenuity

Transparency

Future-mindedness

Diligence

Insight

Generosity

Safety

Service

Happiness

Teamwork

Accountability

A LOOK AT THEIR FOCUS

Rahul Bhatia

Brand Ambassador: IndiGo team

Prefers good talent and acumen

Focus on Team Performance

Vijay Mallya

Brand Ambassador: Himself

Prefers confidence, self –belief to knowledge and talent (Garg 2010)

Focus on Presentation and Experience

KINGFISHER AIRLINES- THE FIVE STAR AIRLINE

GO INDIGO

TRAIT THEORIES OF LEADERSHIP

Rahul Bhatia

Low on Extraversion-

Low profile, reticent

Taciturn

Penchant for Reclusiveness

Vijay Mallya

High on Extraversion-

High profile and sociable

Flamboyant and flashy

High ambition

Dominant nature

TRAIT THEORIES OF LEADERSHIP

Rahul Bhatia

High on Conscientiousness- Attention to detail Punctual Sets High Standards Integration of

Corporate Values- Travels in Indica

Vijay Mallya

Comparatively low on Conscientiousness-

Attention to detail

Irregular and late

Spendthrift- Rolls Royce as a garbage van (Leahy 2007)

TRAIT THEORIES OF LEADERSHIP

Rahul Bhatia

High on openness to experience

Adaptable to change

Vijay Mallya

Low on openness to experience

Lobbying against fuel price hike

TRAIT THEORIES OF LEADERSHIP

Rahul Bhatia Agreeableness-

High in emotional intelligence

Annual bonuses paid even during difficult years (Paul 2009)

High recognition to subordinates and co- workers

Attrition rate dropped to 0, 1000 more jobs announced in the next one year (PTI 2011)

Continuous learning, career planning and leadership development programs (IndiGo n.d.)

Vijay Mallya Agreeableness-

No bonuses paid to employees (Glassdoor.com 2010-2011)

High Attrition Rate (Agencies 2011)

Low salaries, low perks, no recognition

No promotion policies (Glassdoor.com 2010-2011)

TRAIT THEORIES OF LEADERSHIP

Rahul Bhatia

High on Emotional Stability-

High emotional intelligence

Vijay Mallya

No information on Emotional Stability

BEHAVIOURAL THEORIES- RAHUL BHATIA

Initiating Structure

Assuring skill- job fit (E.g. CEO Bruce Ashby, partner Rakesh Gangwal)

Personally involved in recruitment interviews

Set target of acquiring 150 aircrafts by 2025

Consideration

Highly respectful of colleagues’ talents and acumen

Considerate where it matters- Never let go of a single employee, reassuring during financially critical times

BEHAVIOURAL THEORIES- VIJAY MALLYA

Low on Consideration

Grounded 15 aircrafts

Low morale

High attrition

FIEDLER MODEL- LEAST PREFERRED COWORKER

Rahul Bhatia- High Task Oriented

Good Leader- member relations

High on trust and security

Commands respect of employees

High Task Structure

Weak Position power

Ensures job security

Transparent incentive structure and promotion policy

FIEDLER MODEL- LEAST PREFERRED COWORKER

Vijay Mallya- High Task Oriented

Poor Leader- member relations

Low trust and morale

High Task Structure

Strong Position power

Frequent hiring and firing

Low salary incentives and no promotion policy

CONCLUSION

Rahul Bhatia

Big Five Trait Theory- Possesses most traits for an effective leader except for extraversion which is deemed most important

According to Behavioural Theory- more effective leader

According to Fiedler’s Contingency Theory- Task Oriented in a favourable situation resulting in high group performance

Vijay Mallya

Big Five Trait Theory- Does not possess all required traits for an effective leader

According to Behavioural Theory- less effective leader

According to Fiedler’s Contingency Theory- Task Oriented in an unfavourable situation resulting in low group performance

THANK YOU!

REFERENCES

Agencies. "Kingfisher Airlines grounds 15 aircrafts." The Sunday Indian. December 19, 2011. http://www.thesundayindian.com/en/story/Kingfisher-Airlines-grounds-15-aircrafts/3/27406/ (accessed December 31, 2011).

PTI. "IndiGO to expand international operations by March, rules out fare hike." The Economic Times. August 25, 2011. http://articles.economictimes.indiatimes.com/2011-08-25/news/29927017_1_fare-international (accessed December 31, 2011).

Paul, Cuckoo. "Rahul Bhatia: Cheap Seats and Profits." Forbes.com. December 23, 2009. http://www.forbes.com/2009/12/23/forbes-india-rahul-bhatia-indigo-airline.html (accessed December 31, 2011).

Leahy, Joe. "Dinner with the FT: Vijay Mallya." Financial Times.com. October 26, 2007. http://www.ft.com/cms/s/0/a98cca24-8112-11dc-9f14-0000779fd2ac.html#axzz1iIzpynQo (accessed December 30, 2011).

IndiGo. IndiGo Cadet Pilot Program. http://www.caeglobalacademy.com/gondia/IndiGo_training_programs.shtml (accessed January 01, 2012).

REFERENCES

Glassdoor.com. Kingfisher Airline Reviews. 2010-2011. http://www.glassdoor.com/Reviews/Kingfisher-Airlines-Reviews-E43213.htm (accessed December 29, 2011).

Garg, Manvi. "Self-confidence is far better quality than knowledge, says Vijay Mallya at IMT convocation." March 20, 2010. http://www.mbauniverse.com/campusinner-id-3030.htm (accessed December 31, 2011).

Bhargava, Anjuli. "LUNCH WITH BS: Rahul Bhatia." Business Standard.com. January 08, 2008. http://www.business-standard.com/india/news/lunchbs-rahul-bhatia/309915/ (accessed January 01, 2012).

Bhatia, Rahul, interview by CNBC TV- 18. IndiGo's Rahul Bhatia on his secret recipe for success (April 29, 2011).

REFERENCES

Bhatia, Rahul, and Cuckoo Paul. "Rahul Bhatia: We Stuck To The Fundamentals." Forbes India. October 25, 2011. http://forbesindia.com/article/leaderhip-awards/rahul-bhatia-we-stuck-to-the-fundamentals/29582/1?id=29582&pg=1 (accessed January 01, 2012).

Business Leaders Profiles. "Vijay Mallya: The king of goos times." Domainb.com. http://www.domain-b.com/businessleaders/leaders_profile/vijay_mallya.htm (accessed December 31, 2011).

Kapoor, Coomi. "Still flying high." Indian Express.com. Decemebr 04, 2011. http://www.indianexpress.com/news/still-flying-high/883701/ (accessed December 31, 2011).

Paul, Cuckoo. "How Rahul Bhatia Found His Escape Velocity." Forbes India. October 27, 2010. http://forbesindia.com/article/work-in-progress/how-rahul-bhatia-found-his-escape-velocity/18582/2?id=18582&pg=1 (accessed Januray 01, 2012).

REFERENCES

Shrivastava, Tushar. "Up, up and away." Hindustan Times.com. January 15, 2011. http://www.hindustantimes.com/StoryPage/Print/650886.aspx (accessed January 01, 2012).

Sinha, Saurabh. "KF slips to No. 5 in market share." Times Of India. December 22, 2011. http://timesofindia.indiatimes.com/business/india-business/KF-slips-to-No-5-in-market-share/articleshow/11198713.cms (accessed December 31, 2011).

Sobie, Brendan. "Rahul Bhatia: charting Indigo's rapid ascent ." Flight Global. June 27, 2007. http://www.flightglobal.com/news/articles/rahul-bhatia-charting-indigos-rapid-ascent-215231/ (accessed December 31, 2011).

IndiGO On tIme. Performed by IndiGo Airlines. 2010.

Kingfisher Airlines- Fly The Good Times. Performed by Kingfisher Airlines. 2007.

REFERENCES

Layak, Suman, and Geetanjali Shukla. "'Two airlines are doing everything to ensure Kingfisher." Business Today. Decemebr 11, 2011. http://search.proquest.com/docview/906312778?accountid=37953 (accessed January 01, 2012).

Leahy, Joe. "Vijay Mallya." FinancialTimes.com. July 08, 2010. http://search.proquest.com/docview/229129912?accountid=37953 (accessed December 31, 2011).

Mahalingam, T V. "Why Vijay Mallya is No Richard Branson." The Economic Times (Online). Novemebr 13, 2011. http://search.proquest.com/docview/903651194?accountid=37953 (accessed January 01, 2012).