Level Three Leadership Final Project Iskandar Zabikhodjayev March, 2007
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
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
Social Family 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 1. Never lend to friends 2. Kindness is unforgettable 3. Helping others means 4. Value friendships 1. Soul-mate for everyone 2. True love is key to happiness 3. Love and talk to your parents while you can Analysis of VABEs
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 DREAM How do I want to feel on a daily basis? 1 Moments of Flow/Resonance 4 2 REVISIT THE DREAM What will it take to recapture that feeling? PREPARATION What does it take to feel that way? OBSTACLES What prevents you from feeling that way? 3
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.
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 LEADERSHIP Strategy Mission Vision Goals Values 1. Mission Statement 2. Vision Statement 3. Values Statement 4. Strategy 5. Operating Goals and Milestones 6. Leadership
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 Phase 1 1. Education 2. Experience 3. Capital 4. Research market 5. Find partner 6. Family Phase 2 1. Purchase a firm 2. Form a team for my firm 3. Organizational culture 4. Systems design 5. Customer base 6. Expansion in Uzbekistan 7. Family Phase 3 1. Expansion to Kazakhstan 2. Family 07 08 09 10 11 12 13 14 15 16 17 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 Strategic thinking Developing influence Task Others Commitment to strategy Design Bonding to organization Managing change Organization
Conclusion • Wrap-up • Life’s Story • VABEs • Life’s Dreams • Personal Charter • Leadership Model • Concluding thoughts • Thank You!