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Submission Date: April 4th, 2012

Abdul Ghaffar Bhatti Organisational Behavior Sec 1 Group 1

Topic: Indian Pharmaceutical Industry Leaders and their Leadership Styles Authors: Benny Mathew George, Manthan D Janodia, V.M.Subrahmanyam, J.Venkata Rao. Publication: Journal of Asia Pacific Business Innovation & Technology Management (2011).

SUMMARY
The research paper suggests that the success of Indian Pharmaceutical Industry, such that its the fourth largest in the world is made possible due to the leadership styles followed by the leaders who ran the industry. The research followed a mix of quantitative and qualitative approaches as it first defines the generally recognized leadership theories and extracts the leadership strategy of Indian Pharmaceutical Industry through a series of questionnaires and applying statistical tests on them. Published in Journal of Asia Pacific Business Innovation & Technology Management, the research paper suggests that the effectiveness of the team results from higher tolerance levels of its leaders, a leader should have the ability to deliver negative news in a positively convincing manner so that the teams does not get demotivated. Empowering the team members to take decisions on their own resulted as the best motivator and leadership style that exhibited team trust. The major findings of the research (extracted from the research paper) are listed as under: The Industry-academia interaction is not necessarily a win-win situation. The higher the failure-tolerance levels of leaders, the more effective and innovative the team members would be. Conflicts in organizations are progressive as long as they are issue- oriented. At the top-level, conceptual and human skills play an important role but in the case of R&D divisions, technical skills are essential. The ability to deliver the negative news in a convincing manner is the hallmark of an effective leader. The qualities that leaders must posses are categorized under the core and spike qualities in the Wheel of Leadership. On comparison with the trait theories of leadership, selfconfidence and intelligence were replaced by communication skills and goal oriented vision. Intelligence is taken over by Emotional Intelligence. The leaders believed that their members are mature and intelligent and hence no need of limits for upward communication. Striking a balance between being rule centric and people-oriented approach is the most effective way of productive leadership. Emotional Intelligence is an essential component of leadership.

As the research provides general overview of Leadership and Conflict Management in the Pharmaceutical Industry, the topic proposed for our case study, it would help in structuring the bases of our Live-Case study foundation. The Indian origin of research and its findings make it easier relate it to the Pakistani prospect.