Level Three Leadership

Iskandar Zabikhodjayev

March, 2007

Final Project

Introduction

• Purpose– Major course insights– Future reference

• Contents– Life’s Story– VABEs– Life’s Dreams– Personal Charter– Leadership Model

Life’s Story

• Born in Uzbekistan in 1977• Responsibility from early age

– Busy parents, young sister

• Poor grades in elementary school• Educational success and liability• Break-up of USSR – test of values• Education abroad – test of values• Creation of electric car• Work at the bank

– Succeeded in introduction of new service– Hated to deal with bureaucracy– Succeeded in creation of new division

• Darden

Key Event Impact Key Learning

Early responsibility + 5 Like Independence

School - 5 / +5 Failure is not acceptedI can succeed through hard work

Electric car + 5 Need leads to creativityLike to create

Example to everybody -3 People will not expect lessNot free any more

Break-up of USSR -4 People change in new environmentChange is not always good

University + 3 Good education is premise to success

Study Abroad + 5 To test your values see the WorldChoice theory works

Bank experience -5 / +5 Like to create/establishHate bureaucracyLike to help people

Key Events Table

My VABEs

• A man is a master of his/her success• Emphasis on strengths and hard work leads to success• Never lend money to your friends• There is a soul-mate for everyone• People know what is right or wrong for them; you just need to

help them discover it• Do not do unless you know what you are doing• Kindness is unforgettable• Helping others will bring meaning to one’s life• True love is a key to happiness• Stick to your principles• Integrity prevents from going sideways• Value friendship• Love and talk to your parents while you can

Analysis of VABEs

Leadership

1. Man => success

2. Strength + hard

work

3. People know what’s

right for them

4. Know what you’re

doing

5. Stick to your

principles

6. Integrity

Family

1. Soul-mate for

everyone

2. True love is key to

happiness

3. Love and talk to your

parents while you

can

Social

1. Never lend to friends

2. Kindness is

unforgettable

3. Helping others means

4. Value friendships

Life’s Dreams - External

• What do I want to do and be at age 40?

– Build a successful consulting practice

– Be wealthy

– Teach

– Build a good family

Life’s Dreams - Internal

Moments of

Flow/Resonance

DREAM

How do I want to feel on a daily

basis?

1

PREPARATION

What does it take to feel that way?

2

OBSTACLES

What prevents you from feeling that

way?

3

REVISIT THE DREAM

What will it take to recapture that feeling?

4

Internal Dream

I want to feel meaningful by serving a bigger goal and being rewarded for it. I also want to feel intense and independent (“freedom to”) like I’m running a 100 meters distance on a smooth track for the World record.

Preparation

Action Reason

Persistence - Mastery requires determination

Hard work - Repetition leads to mastery

Schooling - Provides tools

Gaining experience - Helps avoid unnecessary mistakes

Obstacles

• Fear of failure– Risk for wealth and success

• Fear of rejection– Obligation “People expect me to perform

at this level”

Revisiting the Dream

• Answer following questions:– Why am I doing what I am doing?– What did I want to feel when I decided to start doing it?– What will it take to regain that dream?

• Conclusion:– Allocate certain amount to saving a/c and move on– Talk to my customers, see how excited they are and I

will love what I do and people would love me for that.

Personal Charter

Mission Vision

Values

Goals

LEADERSHIP

1. Mission Statement

2. Vision Statement

3. Values Statement

4. Strategy

5. Operating Goals and Milestones

6. Leadership

Strategy

Mission Statement

To help people solve their financial needs

Vision

Professional life• Own financial consulting practice in Uzbekistan• Cover major cities of my country• Serve entrepreneurs and small size businesses that do not have

resources or skills to manage their financial needs• Offer services in financial planning, accounting, business plan

preparation, risk management, and taxation• Have six years of operational history• Begin expansion into Kazakhstan• Teach a course on entrepreneurship or financial management

Personal life• Have two children• Remain a loyal and loving husband• Build a house with a garden of cherry and peach trees• Have a dog• Organize family gatherings

Core Leadership Values

• Understand before implement• Hard work will be rewarded• Be humble• Respect your teammates• Find what people want and help them get it• Consult integrity if confused

Strategy

07 08 09 10 11 12 13 14 15 16 17

Phase 11. Education2. Experience3. Capital4. Research market5. Find partner6. Family

Phase 11. Education2. Experience3. Capital4. Research market5. Find partner6. Family

Phase 21. Purchase a firm2. Form a team for my firm3. Organizational culture4. Systems design5. Customer base6. Expansion in Uzbekistan7. Family

Phase 21. Purchase a firm2. Form a team for my firm3. Organizational culture4. Systems design5. Customer base6. Expansion in Uzbekistan7. Family

Phase 31. Expansion to Kazakhstan2. Family

Phase 31. Expansion to Kazakhstan2. Family

Years

Operating Goals for 2007

• Graduate from Darden School of Business• Join Financial Advisory Practice of Ernst & Young• Celebrate the birth of my first child• Have our parents come visit us• Start working on a business plan for my company

Leadership Model

Leader

Others

Organization

Developing influence

Strategic thinking

Design

Managing change

Task

Bonding to organization

Commitment to strategy

Conclusion

• Wrap-up– Life’s Story– VABEs– Life’s Dreams– Personal Charter– Leadership Model

• Concluding thoughts– Thank You!