"If you have the vision and you have the ability to
execute, but you dont have the courage to execute, that doesnt get you
very far, either. Thats the third tip of the diamond. It requires having to
deal with ambiguity, having the confidence.
He gave Hitlers example as a leader having the first three
qualities, but missing the fourth. It is said that before he died, Hitler said
he was too kind. "Thats the fourth tiphaving integrity, ethics,
stewardship, developing others, and how to handle power," Arora added.
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Pioneer Award
Individual Category |
Suresh A Shanmugam
national head,
Information Systems and Technology, Mahindra & Mahindra
Financial Services |
This non-banking finance company, focused on the rural
and semi-urban sector, won the award for having used mobile devices over a
Linux platform to reach remote locations. The company provides finance for
utility vehicles, tractors and cars, and has a large network of branches
spread across the length and breadth of India. To be able to link all these
branches with the head office, the IT department fashioned applications
based on the mobile platform. Mainly used for collection purposes, the
Internet-enabled device enhanced customer service and productivity of field
staff to a great extent.
Contenders: Punjab
National Bank, Torrent Pharmaceuticals, Mahindra & Mahindra Financial
Services, SBI Life Insurance and Fortis Healthcare |
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Advocate Award
Individual Category |
Murali G
senior VP &
head IT, SBI Life Insurance |
SBI Life, a JV between State Bank of India and Cardif
SA of France, best showcased advocating the use of IT. SBI Life Insurance
is registered with an authorized capital of Rs 1,000 crore and a paid up
capital of Rs 500 crore. To aid the business, Muralis team set about
bringing in change, namely in areas like scanning proposals, data entry,
online policy issuance and printing. SBI Life also involved delivery
coordination using multi-disciplinary teams and third-party service
providers. With an effective combination of centralized and de-centralized
processing, and the strategic use of an outsourcing partner, the company
made optimum usage of the branch staff, reducing infrastructure and
manpower requirements. "We did not want to re-create the IT solutions
that other insurance companies were already having. That is where we
designed our overall strategy. We took both a reactive as well as
proactive strategy that would fit short-term and long-term at the same
time. Today we are selling insurance policies from SBI branches across
India with a faster market speed. From the seventh largest insurance
player, we have climbed up to the third largest player who is profitable
too. A great portion of this growth came from IT," said Murali.
Contenders: The
Oriental Insurance, SBI Life Insurance, Punjab National Bank, Philips
Lighting and Development Credit Bank |
There are aspects of being a leader that can be taught in a
business school. However, a business school is not going to teach you courage.
The ethics part is perhaps something people can work on over time. Finally,
vision is something like when sometimes you wake up and realize "thats
what I want to do."
A good leadership diamond would create someone with a visionforward
thinking and creative; executionwell informed, result oriented; attention to
detail; courageability to stand alone; free and responsible; and ethicssomebody
who values people, team player, principled, a good communicator, and a moral
compass.
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Innovator Award
Individual Category |
G Radhakrishna Pillai
CIO, SRL Ranbaxy |
The recipient of the Innovator award is a market leader
in the field of lab medicine, corporate health checkup and clinical trials
in India and Southeast Asia. SRL Ranbaxy automated its equipment testing
process by bi-directionally interfacing testing equipment with the
centralized lab information management system (CLIMS) to reduce manual
intervention. This resulted in tremendous improvement in turnaround time,
productivity and accuracy of testing at the pre- and post-analytical
stages.
Contenders: Punjab
National Bank, SRL Ranbaxy, SBI Life Insurance and BSES Power |
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Process CIO Award
Individual Category |
PA Kalyanasundar
GM IT & CIO, Bank of
India
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Established at the turn of the twentieth century, Bank of
India (BoI) is Indias leading bank with headquarters in Mumbai. BoI has
about 2,645 branches including 24 branches outside India. It enhanced its
process efficiency by centralizing the core banking activities using the
outsourcing model. The challenges faced by Kalyanasundar were many,
especially how to ensure a smooth transition to a core banking application
from disparate systems without affecting day-to-day functioning. The IT team
lead by Kalyanasundar worked in close tandem with partners for the same, and
achieved the goal of the fastest migration to 1,000 branches, a year before
schedule. Aptly, Kalyanasundar gave credit of the award to his team and
lauded their efforts.
Contenders: Bank
of India, Vardhman Textiles, Geojit Financial Services, Titan Industries and
JK Paper |
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Extended
Manager Award
Individual Category |
Sanjeev Kumar Chanana
director & GM, IT, Oriental Insurance |
Incorporated in the same year of Indias independence,
The Oriental Insurance Company will is celebrating its sixtieth anniversary.
The company won the award for its evangelistic efforts by extending the
organizations network to agents and brokers to underwrite policies at
their own locations, which earlier had to be done manually. With its head
office in New Delhi, Oriental has 21 regional offices and nearly 900
operating offices in various cities of the country. The intranet-based
system developed by Chananas team allowed agents and brokers to enter
data using customized screens and restricted login accounts. This speeded up
the whole process quite drastically, leading to higher revenues earned.
Contenders: SRL
Ranbaxy, Arvind Mills, Oriental Insurance, Development Credit Bank and SBI
Life Insurance |
Accenture was the Presenting sponsor at the EnterpriseConnect
Awards 2007. HP was the Platinum Sponsor, while Seagate and NetCore were the
Associate sponsors. Page(s) 1 2 3 4
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