Abstract
Vijay Mallya, 52, was elected as Chairman of United Breweries by shareholders, following the demise of his late father in 1983 at the young age of 27. Upon assuming the position of Chairman in October 1983, Vijay Mallya initiated the process of defining a corporate structure with performance accountability, inducting professional management and consolidating the unwieldy empire into individual operating divisions. He is a keen sportsman and is an ardent aviator and yachtsman of distinction. He not only participates in various sporting events but also supports various sporting activities worldwide, particularly for the under privileged. Vijay Mallya has always believed that Corporations have a responsibility to society and mankind. To this end, he has contributed generously to various Charities and Foundations in several countries in addition to establishing The Mallya Hospital, The Mallya-Aditi School and the Vittal Mallya Scientific Research Foundation in Bangalore, India.
The liquor tycoon is flamboyant and outspoken. By studying his profile and various instances in his life, competencies have been identifies for a leader and entrepreneur. They are initiative, persistence, knowledge, systematic planning and leadership. These competencies are defined. Initiative is acting out of choice rather than compulsion, taking the lead rather than waiting for others to start, sees and acts on opportunities. Knowledge of the leader can be defined as when he has functional expertise, knowing who knows, consulting experts, reading relevant material and an overall openness to ideas and information. Persistence is a never say die attitude, information seeking till success and after that too, and concern for optimum utilization of resources. Systematic Planning is the br ...