Wednesday, 3 July 2013
Tony Fernandes
CEO and Founder of
AirAsia
Background:
- Tan Sri Anthony Francis "Tony" Fernandes, is a Malaysian Indian entrepreneur. He is the founder of Tune Air Sdn. Bhd., who introduced the first budget no-frills airline, AirAsia, to Malaysians with the tagline "Now everyone can fly".
- Fernandes managed to turn AirAsia, a failing government-linked commercial airline, into a highly successful budget airline public-listed company. He has since founded the Tune Group of companies.
- He was also instrumental in lobbying the then-Malaysian Prime Minister, Tun Dr. Mahathir Mohamad in mid-2003, to propose the idea of open skies agreements with neighbouring Thailand, Indonesia, and Singapore. As a result, these nations have granted landing rights to AirAsia and other discount carriers.
- International
Herald Tribune
Award for the "Visionaries & Leadership Series", for his
outstanding work in AirAsia
- "Malaysian CEO of the Year 2003" in December
2003; so far awarded to only nine other recipients in the country, by American Express and Business Times. The award
was an initiative to recognize entrepreneurial and managerial expertise
and performance among leaders of Malaysian corporations.
- Named the joint winner of the CEO of the Year 2003
award by American Express Corporate Services and Business Times
- "Emerging Entrepreneur of the Year" in the Ernst & Young "Entrepreneur Of The Year
Awards" in 2003
- Made the list of Business Week's
"25 Stars of Asia" in 2005
- Malaysian Ernst & Young "Entrepreneur of the
Year 2006"
- "Excellence In Leadership - Asia Pacific
Leadership Awards 2009"
- 2010 Forbes Asia businessman of the year
- 2011 No. 52, in FastCompany
Top 100 Most Creative People in Business
Leadership Styles:
- Charismatic
Tony
Fernandes is known to be the charismatic CEO of Air Asia. “Despite having
received various international awards and accolades for AirAsia and himself,
Fernandes remains a very down-to-earth and approachable boss who has a quick
smile for everyone. Fernandes was named FORBES ASIA’s 2010 Businessman of the
Year and Forbes named him as a “single, charismatic pioneer” in the article. He
is undoubtedly a charismatic speaker as he speaks at a level that the layman
can understand. In fact, from his dressing; a ubiquitous cap and unassuming
shirt, he does not take himself too seriously despite being the CEO of a
multi-billion airline carrier. It is this ability to enrapture the masses that
had enabled him to gain great traction within Malaysia. Due to the advent of
social media, his reach has become ever more pervasive attracting thousands of
likes on his Facebook page and followers on Twitter.In fact, Tony Fernandes is
set to become a regular fixture of many Asian households as he is set to become
the boss of the first Asian Apprentice, a role made iconic by Donald Trump.
Top 3 Leadership Traits:
1. Walk the Talk
Fernandes
adopts a 'walk around' management style. He believes that if one sit up in his ivory
tower and just look at financial reports, he is going to make some big
mistakes. For a few days every month he works on the ground or in the cabin
crew. He says he has learned a lot from working on the airline himself. He
makes business decisions based on his own experiences, observations and
feedback from his crews.
In the hospitality industry, a great leader must walk the talk. It
is critical that he is seen with his employees and learn from ground
experience. Staffs will then be appreciative of their leader and be motivated
to do their best.
2. Employees Orientated
Fernandes says that to him, employees come first before his
customers. He believes that in having a happy workforce, his staffs will look
after his customers anyway. His company is said to have a culture department
whose sole job is to organize parties. He has been known to search out new staff
in queues. He looks for people who are driven, who have ambition and who are
humble. He has hired many people at very strange places.
With all great businesses, employees are the vital human resources that drive the core of daily’s revenues and profits. Being invested in his or her employees will portray a leader as caring and understanding, more like a family in a business rather than just a worker and boss relationship. As it is widely practiced in the hospitality industry, take care of your employees and they will take care of your customers.
With all great businesses, employees are the vital human resources that drive the core of daily’s revenues and profits. Being invested in his or her employees will portray a leader as caring and understanding, more like a family in a business rather than just a worker and boss relationship. As it is widely practiced in the hospitality industry, take care of your employees and they will take care of your customers.
3. Anti-hierarchy
The hospitality industry is very much a people to people interactions basis. Therefore, having a hierarchy or chain of command sometimes make it difficult for effective communications. With everyone treating one another as friends or team members, the work produced would be more productive. Everyone gets the chance to share their thoughts and opinions on how to increase revenue and reduce costs.
0 comments:
Post a Comment