Table of Contents
Total Page:16
File Type:pdf, Size:1020Kb
TABLE OF CONTENTS PAGE Introduction ANANDA KRISHNAN PROFILE AND BACKGROUND 3 - 8 MAXIS COMMUNICATION COMPANY PROFILE 9 - 12 ASTRO COMPANY PROFILE 13 - 20 STYLE OF LEADERSHIP 21 - 24 LEADERSHIP THEORY ADAPTATION 25 Conclusion 26 References 27 1 (a) Background of the leader: the aim of this section is to know and understand the leader as a person and the bases for his/her success. The data and information should be taken from any published sources such as newspapers, company reports, magazines, journals, books etc. INTRODUCTION ANANDA KRISHNAN Who is Ananda Krishnan? According to a report then by Bernama News Agency, the grandfathers of Tan Sri T. Ananda Krishnan and Tan Sri G. Gnanalingam had been brought to Malaysia from Jaffna by British colonial rulers to work in Malaysia¶s Public Works Department, a common practice then as Jaffna produced some of the most educated people in the whole country. Tan Sri Gnanalingam himself told one of our ministers that he wants to put something back into this country because his grandfather was Sri Lankan," Deputy Director-General of Sri Lanka's Board of Investment (BOI) Santhusht Jayasuriya had told a a group of visiting Malaysian journalists then, 2 according to the Bernama 2003 story. Gnanalingam, executive chairman of Malaysia's Westport, held talks with Prime Minister Ranil Wickremesinghe during a visit to Malaysia in 2003 and the former followed up with a visit to Colombo. In the same year a Memorandum of Understanding was formalized in March this year between 'Westport' and the Sri Lanka Ports Authority (SLPA). Westport is keen to invest in Sri Lanka but no formal process has begun. However Ananda Krishnan has sparked a huge controversy in Sri Lanka this month after one of his subsidiaries staked a claim in Sri Lanka Telecom. Bernama said that Astro CEO Ralph Marshall¶s grandfather also hails from Jaffna. Astro is part of the Maxis group which Krishnan hopes will eventually run SLT though the purchase is to be made through Global Telecommunications Holdings NV. According to Wikepedia, the free Internet encyclopaedia, Tatparanandam Ananda Krishnan was born in 1938 in Brickfields, Kuala Lumpur to a Tamil immigrant family from Sri Lanka Nicknamed TAK, Krishnan is a Malaysian businessman and philanthropist and he is estimated to worth about US$7.4 billion, making him the second wealthiest man in Southeast Asia (and world's 99th). Krishnan hates public exposure and is known to maintain a very low profile for a person of his stature. However, his hugely successful business activities always thrust him into the limelight and his name represents a huge business empire. Currently, he has business interests in entertainment (Astro), space (3 Satellites), oil, power, shipping, telecommunications (Maxis - Malaysia, Aircell - India), property and gaming (Pan Pools Malaysia). His companies operate in most parts of South East Asia. A quarter of his wealth comes from the gambling business (lottery, horse-racing wagering). He is also said to be behind the world's largest indoor Water Park in Tropical Islands, Germany with former Genting Group executive Colin Au. He is also pondering an online lottery venture in Russia, Wikepedia said. 3 Maxis HQ at KLCC tower 4 Not to forget the man is also the man responsible behind the Malaysian satellite MEASAT, and also the chain of multiplex theaters known by the name of Tanjong Golden Village (TGV) across Malaysia. And when we were storming through our options to profile a prolific figure for our first profiling in this site, we felt that it is only apt that we use Ananda Krishnan as our first figure- it would almost be an insult not to consider his name as among the first while talking about Malaysian Indians. MEASAT 5 Astro logo (1996-2003) Said to have an extraordinary entrepreneurial flair and being far-sighted, it was Krishnan who sold former Malaysian Prime Minister Tun Dr. Mahathir Mohamad the idea of the 88-storey Petronas Twin Towers, the world's second tallest building, which stake he has now sold off. ³Ananda Krishnan has been called everything from a recluse to a humble, silent worker. Not much is known about him and his tightly guarded private life because he maintains such a low profile,´ Wikepedia said. He is known to be apolitical but also a close friend of both Dr. Mahathir and Mahathir's former arch-foe Tengku Razaleigh Hamzah. He brokered the peace deal and healed the political rift between them a few years ago. 6 KLCC Tower Despite his wealth he still maintains and stays in his family's Minangkabau styled mansion in Kuala Lumpur. He was one of the first tycoons to own a Dassault Falcon private jet. 7 (b) Background of the organisation: Provide information that could help readers understand more about the organisation and the evidences of the success (the reasons can be in terms of market growth, company¶s profits, employees¶ job satisfaction, employees¶ job productivity etc). MAXIS COMMUNICATION Maxis Communications Bhd Type Private established 1993, publicly listed Founded 2002 Maxis Tower, Kuala Lumpur, Headquarters Malaysia Industry Telecommunication Telecommunication services Products Wireless/Mobile services Revenue 6.37 billion MYR (2005) Employees 2200+ Parent Usaha Tegas Sdn Bhd Maxis Communications Berhad is a leading mobile phone service provider in Malaysia. It was started in the year 1995. It uses the dialling prefix identifier of "012" , "017" and ³0142´. Their mobile services are provided over the 900 & 1800 MHz GSM band and as July 2005, the 2100 MHz UMTS band. 8 Products and services Maxis provides a variety of mobile communication products and services. They offer prepaid call plans, monthly subscription plans, global roaming, MMS, WAP (over both GSM and GPRS), Residential Fixed Line services, Broadband Internet plans, and as of early 2005, 3G services to both prepaid and postpaid subscription customers. For business customers, Maxis offer VSAT services (satellite based communications) and BlackBerry based mobile services besides regular services. Maxis also provides an online Music store for its customers to download multimedia content. Maxis most popular service is its prepaid brand Hotlink, which currently serves over 8 million customers in Malaysia. They are currently heavily promoting a new IDD 132 service, which offers discounted calls to landlines in selected countries, at a rate of 20 sen (roughly 6 US cents) per minute which is, at certain times for many subscribers, even cheaper than a local call. Maxis is currently involved in a price war with its competitors (particularly DiGi) in the prepaid SIM market which has driven its Hotlink starter pack prices down to RM6 (about USD$1.2). There are several high profile celebrities who have signed on as spokespersons for Maxis, including big names such as Siti Nurhaliza, all the Akademi Fantasia's stars, along with many other local celebrities. Currently, Maxis is the default carrier for the iPhone 3G and iPhone 3GS. Recent corporate history In 2002, Maxis purchased Timecel, a rival mobile service provider, from TimedotCom Berhad. Prior to the purchase, Maxis offered phone numbers beginning with 012, and TimeCell 017. Now, subscribers can choose between the two. In 1999, Maxis introduced the popular pre-paid brand "Hotlink", which currently has 10 Million customers. On April 27, 2007, an offer was made to buy out Maxis and privatise the company in preparation for expansions into the Indonesian and Indian markets. The deal was offered by Ananda Krishnan, who pledged Maxis RM17.46 billion (US$5.1 billion) in exchange for all remaining shares of the company. 9 The offer is to be formally made by Usaha Tegas, a company owned by Krishnan, on May 3, 2007, while the Kuala Lumpur Stock Exchange suspends trading of the company's shares until May 3. Under the urging of Prime Minister Datuk Seri Najib Tun Razak, Maxis announce that it will re-list the company in Bursa Malaysia on November 11, 2009. The initial public offering, which constitute 30% of the company and involve its Malaysian operations, will raise at least MYR 11.7 billion. The IPO is expected to be the biggest in Asia to date. Majority shareholders Maxis Communications is part of Ananda Krishnan's business empire. In 1996, the company launched Malaysia's first three satellites; MEASAT 1, 2 and 3. And the fourth satellite, MEASAT 1R, was damaged during transport to the launch site and is under reconstruction. Saudi Telecom Company bought 25% of Maxis. Maxis 3G Maxis officially launched its 3G services on July 1, 2005 (the 3G datacard service was soft-launched earlier in February 2005). The 3G service is available in selected regions of the country since nationwide coverage does not make economic sense (due to the high CAPEX involved). The main coverage areas include: y The Klang Valley (including large part of Kuala Lumpur and Selangor) - the initial launch in July 2005 y Penang - Dec 2005 y Johor Bahru - Jan 2006 y Kuantan - Sept 2006 Maxis appears to be adopting a "thick coverage" strategy for 3G. This means 3G service will be rolled out only in areas where data traffic is heavy, or with strategic importance (example, Putrajaya which is the government's administrative centre). The rest of the country will be served by 2.5G (GPRS; nationwide coverage) which is progressively being upgraded to 2.75G (EDGE or E-GPRS). The key "shouting points" for Maxis 3G appear to be: y video call & videomail 10 y packet-switched video streaming services (including live channels, video-on-demand & video clip downloads) y Traffic Check (Maxis claims to have 50 video cameras installed around Klang Valley, Penang & Johor Bahru) y Full-track music download y 3G datacard In Sept 2006, Maxis launched 3.5G (HSDPA) as part of the "wireless broadband modem" service which is targeted at "mass market consumer/home" users (instead of business or corporate).