Managing with a Mission

The article, “India’s first female bank CEO aims to develop country’s economy,” from The Globe and Mail, truly illustrates the importance of having a powerful and driven manager. Chanda Kochhar, since taking over as CEO of ICICI Bank, has clearly defined her goals and strategies for growth, while describing her hopes regarding the banks potential influence in India’s overall standard of living. Her goals are not simply quantitative; rather they mainly concern expansion and increasing influence over India’s entire economy and rural, downtrodden areas. Instead of pursuing merely single objectives, she plans to improve the company as a whole in order to achieve a greater global status and build a stronger relationship with other countries and India’s own people. These strategies not only promote growth within the company, but social growth as well. This shared value is a key component of ICICI’s success and a true indication of Ms. Kochhars strength as a manager. She is not simply content to focus on the success and proliferation of the bank, but of the people ad country it serves as well. She is driven by the power to influence and has shown her aptitude for achieving goals. The fact that she happens to be encouraging women to pursue positions of power in business is just the cherry on top.

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