Leadership of Ananda Krishna

INDUSTRIAL MANAGEMENT

LEADERSHIP OF TAN SRI DATO’ ANANDA KRISHNA

GROUP MEMBERS Lukshman Rao HaiBabu (MOT 091005)

Mohd Hafiz Bin Salim

Mu

TTO’s NAME Ms

SUBMISION DATE 17 MAY 2011


(IMT 2412)


Lukshman Rao HaiBabu (MOT 091005)

Mohd Hafiz Bin Salim (MOT 091007)

uhmmand Irshad Shafiq Bin Che Amat (MOT 087026

s Rosmaizura Mohd Zain

17 MAY 2011



087026)

ASSIGNMENT 2 (LEADERSHIP) TAN SRI DATO’ ANANDA KRISHNA MAXIS GROUP AND MEASAT Broadcast Network System

INDUSTRIAL MANAGEMENT (IMT2412)

GERMAN MALAYSIAN INSTITUTE

2

Table of Contents

� DEFINITION OF LEADERSHIP ........................................................................... 3

� INTRODUCTION .................................................................................................. 4

� BACKGROUND ................................................................................................... 4

� ENTREPRENEURSHIP ....................................................................................... 5

� MULTIMEDIA EMPIRE ........................................................................................ 5

� ROLES AS A LEADER ........................................................................................ 6

� ABOUT ROBERT KUOK ..................................................................................... 7

� COMPARISON ..................................................................................................... 8

� CONCLUSION ..................................................................................................... 9

� REFERENCES ................................................................................................... 10




3

DEFINITION OF LEADERSHIP

It is difficult to qualitative define leadership. It is easier to give examples of leaders than

to define leadership. Leadership involves various dimensions and attributes. It requires

vision, courage, understanding, determination, decisiveness, sense of timing, capacity

to act, ability to inspire, etc. A leader is often judge by his mettle in a crisis. For

example, Winston Churchill during the London Blitz, John F Kennedy during the Cuban

missile crisis, Indira Gandhi in the 1971 Bangladesh war, Margaret Thatcher during the

miner’s strike, Mikhail Gorbachev’s break with communism and the cold war. In these

turning points, leadership made a crucial difference in the modem history. It is the same

in case of leadership in organizations.

As an effective human being, a leader should have identity, authenticity, open

mindedness, independence, responsibility, communicating, reasoning and problem

solving abilities, concern for others, rest for life energy, maturity, courage, (guts), strong

sense of obligation, clarity of mind and expression, integrity, etc. Leadership is a highly

complex and elusive trait. The above description does not clearly define what leadership

is. A leader is one who has followers; is too simple a definition. Leadership is often

define as the art of influencing others (people) to strive willingly; to do what the leader

wants them to do (often to do the mutually compatible objectives) with zeal and

confidence. It is encouraging and inspiring individuals and teams to goals. It is a

psychological process of providing guidance for followers. Leadership works with and

through people to accomplish goals. It is a psychological process of providing guidance

for followers. Leadership is one of the most effective tools of management and

organizational effectiveness depends on the quality of leadership. To lead is to guide,

conduct, direct and proceed. Earlier we have seen that the management is defines as

the process of getting thing done through the efforts of other people. Both the definitions

overlap and sense managers get all sorts of thing done through the effort of other

people, they must lead. In other words, by definition all managers are leaders.

ASSIGNMENT 2 (LEADERSHIP) TAN SRI DATO’ ANA


INTRODUCTION

Tatparanandam Ananda Krishnan

philanthropist of Tamil origin. Nicknamed

worth of US$9.6 billion according to Forbes' latest annual

making him the second wealthiest in

89 in the world. Ananda Krishnan shuns public exposure

profile for a person of his stature.

BACKGROUND

Ananda Krishnan was born in 1938 in

to Tamil parents, who were Sri Lankan immigrants. He studied at Vivekananda Tamil

School in Brickfields, Kuala Lumpur

Institution, Kuala Lumpur. Later, as a

of Melbourne, Australia for his B.A. (Honors’) degree majoring in political science.

During that time he boarded in the

Krishnan obtained a Masters in Business Administration

graduating in 1964.

ASSIGNMENT 2 (LEADERSHIP) TAN SRI DATO’ ANANDA KRISHNAMAXIS GROUP AND MEASAT Broadcast Network System



Tatparanandam Ananda Krishnan born 1938 is a Malaysian businessperson and

origin. Nicknamed TAK, he is currently estimated to have a net

according to Forbes' latest annual list of wealthiest people

making him the second wealthiest in Southeast Asia behind Robert Kuok

Ananda Krishnan shuns public exposure and known to maintain a low

f his stature.

Ananda Krishnan was born in 1938 in Brickfields, Kuala Lumpur's "Little India

parents, who were Sri Lankan immigrants. He studied at Vivekananda Tamil

Kuala Lumpur and furthered his studies at Victoria

Later, as a Colombo Plan scholar, he attended the

for his B.A. (Honors’) degree majoring in political science.

During that time he boarded in the Melbourne suburb of Hawthorn. Following that,

Masters in Business Administration at Harvard University

DA KRISHNA Broadcast Network System

4

businessperson and

estimated to have a net

list of wealthiest people,

Robert Kuok, and number

and known to maintain a low

Little India"

parents, who were Sri Lankan immigrants. He studied at Vivekananda Tamil

scholar, he attended the University

for his B.A. (Honors’) degree majoring in political science.

. Following that,

Harvard University,

ASSIGNMENT 2 (LEADERSHIP) TAN SRI DATO’ ANA


ENTREPRENEURSHIP

Krishnan’s first entrepreneurial venture was a Kuala Lumpur consultancy

He set up Exoil Trading, which went on to purchase

countries. Later, he moved into gambling

started diversifying into the mul

Currently, he has business interests in entertainment, satellite television (

(MEASAT), shipping (Bumi Armada), and telecommunications (

the privately owned Usaha Tegas Sdn. Bhd., he owns stakes in

Company, an investment holding company with subsidiaries involved in Power

Generation (Powertek), Gaming (Pan Malaysian Pools),

and Tanjong Golden Village (TGV)

MULTIMEDIA EMPIRE

He first came to prominence by helping to organize the Live Aid concert with Bob Gel

in the mid-1980s. In the early 1990s, he began building a multimedia empire that now

includes two telecommunication companies

Broadcast Network Systems and has three communication satellites circumnavigating

the earth.

He also affected the purchase of 46% of

cellular phone company, from

stake to 70%. Maxis have more than Ten million subscribers, with around 40% market

share in Malaysia. Recently, Maxis has acquired

phone company and has spread to rest of

over and expand an Indonesian cellular phone company.

In an agreement between Astro

channels that cater to the Indian market, especially

as US and Europe. Ananda also plans

interactivity. Ananda Krishnan owns stakes in

archives.

ASSIGNMENT 2 (LEADERSHIP) TAN SRI DATO’ ANANDA KRISHNAMAXIS GROUP AND MEASAT Broadcast Network System



Krishnan’s first entrepreneurial venture was a Kuala Lumpur consultancy

ding, which went on to purchase oil-drilling concessions in various

Later, he moved into gambling in Malaysia. In the early part of the 1990s, he

started diversifying into the multimedia arena.

Currently, he has business interests in entertainment, satellite television (

), shipping (Bumi Armada), and telecommunications (Maxis, Aircel

Usaha Tegas Sdn. Bhd., he owns stakes in Tanjong Public Limited

, an investment holding company with subsidiaries involved in Power

Generation (Powertek), Gaming (Pan Malaysian Pools), Leisure (Tropical Island

(TGV).

He first came to prominence by helping to organize the Live Aid concert with Bob Gel

1980s. In the early 1990s, he began building a multimedia empire that now

includes two telecommunication companies Maxis Communications and MEASAT

and has three communication satellites circumnavigating

He also affected the purchase of 46% of Maxis Communications, the country's largest

cellular phone company, from British Telecom and AT&T for $680 million


share in Malaysia. Recently, Maxis has acquired Aircel, Tamil Nadu's largest cellular

phone company and has spread to rest of India. Maxis are also under negotiation to buy

over and expand an Indonesian cellular phone company.

Astro and India's Sun Network, Ananda plans to produce TV

cater to the Indian market, especially Tamil Diasporas in countries such

as US and Europe. Ananda also plans to offer TV services featuring Web

interactivity. Ananda Krishnan owns stakes in TVB.com and the Shaw Brothers

DA KRISHNA Broadcast Network System

5

MAI Holdings.

concessions in various

. In the early part of the 1990s, he

Currently, he has business interests in entertainment, satellite television (Astro), space

Aircel). Through

Tanjong Public Limited

, an investment holding company with subsidiaries involved in Power

Leisure (Tropical Island

He first came to prominence by helping to organize the Live Aid concert with Bob Geldof

1980s. In the early 1990s, he began building a multimedia empire that now

MEASAT

and has three communication satellites circumnavigating

, the country's largest

for $680 million raising his


's largest cellular

. Maxis are also under negotiation to buy

, Ananda plans to produce TV

in countries such

to offer TV services featuring Web-based

Shaw Brothers movie




6

ROLES AS A LEADER Ananda Krishnan, a self-made billionaire, dominates the Malaysian business scene. He keeps a

determinedly low profile but is rapidly expanding his business empire, which spans media and

telecoms, gambling, power and construction, and is worth just over $4 billion (£2 billion),

according to the plutocrat’s bible Forbes.

In a rare interview, given in Malaysia, he said: “I have heard some people say I have a low

profile. Why should somebody be high profile, anyway? I am just doing my job. If you say I have

a low profile, then by definition it means I should be high profile.

Yet he has always been fascinated by media. He has worked in radio and student newspapers

and was one of the organizers of the 1985 Live Aid concert. He has described himself as a

voracious reader of papers, making him potentially a sympathetic investor in Britain’s struggling

regional titles.

Over the past two decades, Mr. Krishnan, born in 1938, has been behind a string of Malaysian

businesses. He was an original investor and helped to get built the vast PETRONAS towers,

designed to be the world’s tallest buildings. At the turn of the decade, he bought control of Maxis

Communications, now Malaysia is leading mobile phone company, picking up stakes from BT

and AT&T when the two Western phone giants were struggling financially.

In Astro All Asian Networks, Mr. Krishnan has the dominant interest in the country’s only pay-

television business, prompting frequent local comparisons with American media moguls such as

Rupert Murdoch, chief executive of News Corporation, parent company of The Times.

Now he is moving overseas, with Maxis buying up mobile phone licenses in India and his

investment company taking a 35 per cent of the Sri Lankan phone company. In that context, a

20 per cent holding in Johnston Press looks more like a hobby, but all businesspersons demand

growth.

Therefore, Mr. Krishnan has the characteristics of a leader which dominates his ambitions with

well disciplined and managed his companies. He does it not alone but together with his entire

teams in Usaha Tegas, Maxis Communication, MEASAT, etc. This proves he has an credible

leadership in him.




7

ABOUT ROBERT KUOK

Tan Sri Dato Dr Robert Kuok has been the 33rd richest person in the world, over taking

Tan Sri Dato Dr Yeoh Tiong Lay (YTL), Dato Ananda Krishnan and Dato Brian Tan.

His business interests range from sugarcane plantations (Perlis Plantations Bhd), sugar

refineries, flour milling, animal feed, oil, mining, finance, hotels, properties, trading,

freight and publishing. He was a student from the prestigious school Raffles. In fact,

upon graduation, he worked in the grains department of Japanese industrial

conglomerate Mitsubishi between 1942 and 1945

Kuok senior died in 1948, and Kuok and his two brothers founded Kuok Brothers Sdn

Bhd in 1949, trading agricultural commodities. Under the new post-colonial government,

Kuok started in the sugar business alongside the government. In 1961, he made a coup

by buying cheap sugar from India before the prices shot up. He continued to invest

heavily in sugar refineries, controlled 80% of the Malaysian sugar market with

production of 1.5 million tones, equivalent to 10% of world production, and so earned

his nickname "Sugar King of Asia". The sugar unit and sugar cane plantation was the

second largest business segment upon its grain and feed which were topping the sales.

In 1971, he built the first Shangri-La Hotel, in Singapore. His first foray into Hong Kong

property was in 1977, when he acquired a plot of land on the newly reclaimed Tsim Sha

Tsui East waterfront, where he built the second hotel, the Kowloon Shangri-La. In 1993,

his Kerry Group acquired a 34.9% stake in the South China Morning Post from

Murdoch’s Corporation. His companies have investments in many countries,

including Singapore,the Philippines, Thailand, Mainland,China, Indonesia, Fiji and Austr

alia. Businesses in China include 10 bottling companies for Coca Cola, and ownership

of the Beijing World Trade Centre. Freight interests include Malaysian Bulk Carriers

Berhad and Transmile Group.

His political influence is attested by his having been selected as one of the advisors on

Hong Kong's future in the run-up to the transfer of sovereignty of Hong Kong, and his

minority stake in CITIC Pacific. He was also instrumental in conveying information and

setting up the meetings between Malaysia and China governments leading to full

diplomatic cross recognition of the two countries.




8

COMPARISON

Malaysia’s economy grew 7.2 percent in 2010. This is the highest economic growth in

these neighbor countries since 2000. As we can see both Mr. Ananda Krishna and Mr.

Robert Kuok are Malaysia is the richest man position number one and number two.

Both tycoons are actively in Business in Malaysia and around the world. Mr. Robert

Kuok is mainly merging in the diversity. Meanwhile, Mr. Ananda Krishna is in the field on

telecommunications. “Sugar King" Robert Kuok and telecommunications

magnate Ananda Krishnan are competing and increasing their wealth each year. It been

several years Mr. Robert Kuok are the Malaysia’s number one richest man. In these

time line telecommunications magnate Ananda Krishnan has increase his wealth up to

70% meanwhile “Sugar King" Robert Kuok around 45% increment.

These shows the range of increment in the wealth of Mr. Ananda Krishna is preciously

higher than increment in the wealth on Mr. Robert Kuok. The difference in their wealth is

around six billons and currently is only around 3.9 billion. To have such changes in Mr.

Ananda Krishna’s wealth he must had a strategic and foundations to achieve. Mr.

Ananda Krishna has studied the current economic and trend to develop his companies.

Most importantly, the number employees of his companies are around 15,000. With

owning two of the biggest communication companies in Malaysia which is, Maxis

Communication and MEASAT Broadcast Network System. Maxis is currently the

biggest cellular phone company in Malaysia with more than five million subscribers and

about 30% of Malaysia’s market share. To sustain such a empire he should stand by his

teams and employees by perfect leadership creditability.

Besides that, Ananda’s strength lies in his ability to appreciate and take advantage of

new technology discoveries and make them work in his way. His intelligent, vision and

leadership has enabled him to continue leading the pack in the Malaysian’s richest list

for many years. In his course of life, he has been contributing huge sums of energy and

money for the charity and foundations. He has donated as much as RM160 Million

towards developing and providing education opportunities for Bumiputra in Malaysia. To

have such leadership and enormous talent, there is no doubt if can overtake Mr. Robert

Kuok in future.




9

CONCLUSION

Krishnan possesses natural leadership and ability to collect great wealth. He has great

talent for management in all areas of life, particularly in business and financial

matters. Ananda Krishnan understands the material world; he intuitively knows what

makes virtually any enterprise a success. His gift lies not with the bookkeeping or

petty management, but with the larger picture, its purpose, and long-term goals.

Ananda is a visionary and a bit reckless. He possesses the capacity to evoke people

to join him in his journey, but frequently they are incapable of seeing what he sees.

Thus, those around Krishnan need his continual leadership, inspiration, and support.

Krishnan needs to prod them into action and direct them along the lines of his vision.

Ananda draws financial success more than any other Life Path, but effort is still

required.

His challenge in life is to achieve a high level of detachment, to realize that power and

influence have to be use for the benefit of humankind. Those born with the Number 8

Life Path who does not understand the absolute and relative value of money are

bound to suffer the consequences of gluttony; they run the chance of losing it all!

Krishnan must learn to bounce back from setbacks and defeats. He has the character

and agility of a real survivor. It is not common for someone with Ananda Krishnan's

Life Path to experience major setbacks, including bankruptcies and financial failures,

but he also has the talent and the sheer guts to make more than one fortune, and

build many successful ventures. More than most other folks, Krishnan's failures in

marriage can be extremely costly for him.

Despite the challenges that life presents, Ananda will enjoy the satisfaction that comes

from material wealth and the power that is incorporated into it. Business, finance, real

estate, law, science (particularly history, archeology, and physics), publishing, and the

management of big institutions are among the vocational fields that fit Krishnan best.

He is naturally attracted to positions of power and leadership, Politics, social work, and

teaching are among many other areas where his capabilities would shine. Krishnan is

a good judge of character, which aids him well in attracting the right people to him.




10

REFERENCES

� "Forbes List of Billionaire 2007". Forbes. Retrieved 2008-05-26.

� "Who is Ananda Krishnan?". Sundaytimes. Retrieved 2008-05-26.

� "Ananda Krishnan". Forbes. Retrieved 2008-05-26.

� "Debt-shy Asian firms are almost like ATMs". Retrieved 2008-05-26.

� "Robert Kuok - Forbes". Forbes. March 9, 2011. Retrieved May 11, 2011.

� Secretive billionaire forsakes retirement, The Standard, 14 September 1993.

Leadership of Ananda Krishna

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