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IBL HEALTHCARE Entrepreneur Leadership

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IBL HEALTHCAREEntrepreneur Leadership

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INTRODUCTION

IBL HEALTH-CARE

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VISION

• To become the leading healthcare products and service providers of Pakistan

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• We are committed to contribute in the betterment of society by providing the versatile range of healthcare and nutrition products. We aim to grow by relentlessly providing better products and services to our customers, better returns to our stake holders and the better quality of life to the employees.

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ABOUT IBL HEALTH-CARE

IBL HealthCare (IBLHC) started its operations as a Private Limited Company in 1997. As a subsidiary of SEARLE.

In 2009, IBLHC incorporated as a Public limited company while remains a subsidiary of Searle.

The idea behind the creation of IBLHC is to tap the potential of HealthCare nutritional products and medical disposables.

Company has a net worth of RS1.4 Billion.

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DIVISIONS

Meads Johnson Nutrition

Nestle Health Science

Brand Plus

Medical deposable Division

Principle Health Care

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PRODUCTS

Meads Johnson Milk for children

Adult Nutrition

Prepa

Medical Disposables

Medical Equipment

Protein Powders

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LEADER WE CHOOSE

Muhammad TARIQ (CHIEF FINANCIAL OFFICER)

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EARLY LIFEEDUCATION

Did his Matric (SSC) from Technical High School of Karachi.

Because of certain events could not peruse in that field.

His subject of interest was engineering however couldn’t carry on with it.

Did BSC and passed ICMA in 1996.

Did his MBA in 2009 at the age of 49.

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WORKING HISTORY

• Started his carrier as a Government official.

• Became the deputy director in 1996.

• After that became an Audit officer for the state and a 18th grade officer in 2005.

• Resigned from Government post because of corruption within the department.

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• Joined SEARLE PUBLIC LTD in 2009 as a Senior auditor.

• Became the head of IT department in 2010 and established the whole IT network for the firm.

• Was promoted to be the CFO of IBL HEALTH-CARE in 2012 because of outstanding leadership and working efficiency.

• Has put in his efforts to make IBL HEALTH-CARE one of the leading brands in Pakistan.

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LEADERSHIP STYLE

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VISIONARY LEADERSHIP

Explicit Goals or Targets

Never Settled for Less

Invited Challenges

Vision to Influence People

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LEADERSHIP STYLE• Global Perspective or Broad Spectrum• A good leader never looks for small obstacles in implementation of

decision• Thought process is very vast and he overcome such hindrances by

his experiences or knowledge of a situation faced by another country or anywhere in the world.

• Aware of his responsibilities:

1. Being a CFO, he was well aware of his responsibilities such as finance operation.

2. Day to day profit and loss statement 3. Managing the work of other Managers associated with finance

department

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MOTIVATION OF EMPLOYEES

1.Team Work

2,Never let superiority of his position affect the

task

3.Always consider himself as a team

member

4.The objectives were associated with team rather than individual

5.Each member worked on similar

goal “ Success for the company”

6.Never mind late sitting with the other

members.

7.A bit of democratic style as decision

was based on consensus between

other members.

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INTRINSIC NEEDS• He made sure the newer employees are given responsibility

which they are capable of achieving. • He does not want them to get demotivated as he

understands that it takes time for the employees to get settle and get adopted to the culture of the organization

• Understand the intrinsic needs of a person such as autonomy

• Aware of the capabilities of other and he used them according to the demand of the situation.