36.02 OP Bhatt - Being an effective Chairperson
NUGGET CONTEXT
Mr Bhatt talks about the criticality of the Chairperson to build good one-on-one relationships with each of the Board members so that he/she can facilitate effectively during a Board discussion. He mentions that the biggest contribution a Chairperson can make is to orchestrate the discussion in the room effectively to ensure that all the relevant voices are heard and the group makes a robust decision.
GUEST
Mr Om Prakash Bhatt (OP Bhatt) is the Chairman of Tata Steel Limited and a Board Member at Oil and Natural Gas Corporation Limited (ONGC), Hindustan Unilever Limited (HUL) and Standard Chartered Bank. He started his career in State Bank of India (SBI) as a probationary officer in 1972 and retired as the Chairman of SBI in 2011. I had first met him when I was participating in the Director’s Club programme conducted by Hunt Partners, designed to prepare individuals to be effective Board Members.
In our conversation, we spoke about how leaders should think about whether Board roles is something they should consider and his thoughts on what it takes to be an effective Board Member. More specifically, he talks about the distinction between the skillset and the mindset required to be an effective Board Member. He dwelt on how leaders often need to build new muscles of influencing that their corporate career that they may not have built during their career. We also discussed the critical role of Chairperson and how he/she can get the most out of the Board Members.
This conversation could be of specific value to individuals who are considering getting onto Boards and are curious about whether it is the right thing for them and what it takes to be effective in a Board.
Published in Oct 2018.
HOST
Deepak is a Leadership Advisor and an Executive Coach. He works with leaders to improve their effectiveness and in helping them make better decisions specifically around organizational and career transitions. He currently runs Transition Insight (www.transitioninsight.com) and works with leaders to handle phases of transition thoughtfully. He has worked as an Operations Consultant with KPMG in UK, Strategy Consultant with McKinsey in the US and as a Leadership Consultant with EgonZehnder (a Swiss Leadership Advisory firm) where he helped companies recruit CEOs, CXOs and Board Members and worked on Leadership Development. Deepak is a certified CEO Coach and is an alumnus of IIT Madras, IIM Ahmedabad and London Business School. His detailed profile can be found at https://in.linkedin.com/in/djayaraman
OTHER GUESTS
1.Vijay Amritraj 2.Amish Tripathi 3.Raghu Raman 4.Papa CJ 5.Kartik Hosanagar 6.Ravi Venkatesan 7.Abhijit Bhaduri 8.Viren Rasquinha 9.Prakash Iyer 10.Avnish Bajaj 11.Nandan Nilekani 12.Atul Kasbekar 13.Karthik Reddy 14.Pramath Sinha 15.Vedika Bhandarkar 16.Vinita Bali 17.Zia Mody 18.Rama Bijapurkar 19.Dheeraj Pandey 20.Anu Madgavkar 21.Vishy Anand 22. Meher Pudumjee 23.KV Shridhar (Pops) 24.Suresh Naraynan 25.Devdutt Pattanaik 26.Jay Panda 27.Amit Chandra 28.Chandramouli Venkatesan 29.Roopa Kudva 30.Vinay Sitapati 31.Neera Nundy. 32.Deepa Malik 33. Bombay Jayashri. 34. Arun Maira 35. Ambi Parameswaran
DISCLAIMER
All content and opinions expressed in the podcast are that of the guests and are not necessarily the opinions of Deepak Jayaraman and Transition Insight Private Limited. Views expressed in comments to blog are the personal opinions of the author of the comment. They do not necessarily reflect the views of The Company or the author of the blog. Participants are responsible for the content of their comments and all comments that are posted are in the public domain. The Company reserves the right to monitor, edit, and/or publish any submitted comments. Not all comments may be published. Any third-party comments published are third party information and The Company takes no responsibility and disclaims all liability. The Company reserves the right, but is not obligated to monitor and delete any comments or postings at any time without notice.