The Role of Women in the Development of a Nation

1957 Words4 Pages
bulb-icon

Recommended: Thesis on determinants of women entrepreneurship

The contribution of women in the development of a nation has often been neglected. Especially in developing countries, seldom do we see women entrepreneurs who make an impact on the country’s economy and who contribute to the building of the nation. The present study is carried out with an intention to bring out the significant contribution of women entrepreneurs in India. The aim of the study is to emphasize the extensive outcomes of collective efforts of women force in India.

The role of Chanda Kochchar in banking sector is considered as a case study for the present article. Born on November 17, 1961, she graduated from Jai Hind College, Mumbai and obtained masters in management studies from Jamnalal Bajaj Institute of Management Studies. She was awarded Wockhardt Gold Medal for Excellence in Management Studies and J. N. Bose Gold Medal for securing the highest marks in Cost Accountancy. She was rightly awarded the Padma Bhushan award by the Government of India for her impressive services to the banking sector.

The aim of this article is to focus on the diverse business strategies in handling crises in the banking sector. The article tries to develop the case study in order to identify the skills that made Chanda Kochchar a leader.

Keywords: banking sector, Chanda Kochchar, development of nation

FULL PAPER

Introduction:

Started on a modest scale as a subsidiary of an Indian financial institution, ICICI, in 1954, ICICI bank was originally known as Industrial Credit and Investment Corporation of India. The bank, initially a development financial institution, used to offer project finance to a diversified financial services group. In 1987, ICICI Ltd along with Unit Trust of India (UTI) set up Credit Rating Inf...

... middle of paper ...

...he also is aware of the risks and pitfalls and moreover is ready with modifications to reach her goal. The path is easy for the person who has a vision and plan for the unpredictable.

References:

1. http://finance.fortune.cnn.com/tag/icici-bank/, 16th Oct., 2013.

2. http://www.resonance.ac.in/reso/studentzone/anunnad/anunaad-16.pdf, 10th October, 2013.

3. http://en.wikipedia.org/wiki/ICICI_Bank, 16th Oct., 2013.

4. http://en.wikipedia.org/wiki/ICICI_Bank, 16th Oct., 2013.

5. http://www.thomaswhite.com/global-perspectives/chanda-kochhar-ceo-and-md-icici-bank/, 16th Oct., 2013.

6. http://inventivelinks.com/story-of-chanda-kochhar/, 10th October, 2013.

7. http://finance.fortune.cnn.com/2011/10/04/chanda-kochhar-icici-bank/, 10th October, 2013.

8. V.V. Ramani (ed.) Leadership in Today’s Business World. Hyderabad: ICFAI UP, 2004.

Show More
Related

  • The Changing Function of Women in Politics, the Economy, and Events

    779 Words  | 2 Pages

    The function of women in politics, the economy, and communal events in American society moved significantly from the pre-Revolutionary war era to the early beginnings of the 20th century. In the years leading up to the American Revolution, women were looked upon as being “subordinate to males” and so as a result women were affected by the laws and regulations forced upon them by men. It was almost as if it was a woman’s right, to get married, have kids, and live out the obligation of being a thorough wife and mother. Because the government was mainly ruled and controlled by men, it was often that women didn’t have the lawful rights, for example the power to vote or be in possession of property.

    Read More

  • Women’s Role in Society: Throughout the Years

    1221 Words  | 3 Pages

    Modernism is the term of deviating from the norm. In the early 1900s, modernism influenced women’s role in society by providing more opportunities, jobs, and role models for girls today, in society.

    Read More

  • Empowerment and Evolution: Women in the 21st Century

    1266 Words  | 3 Pages

    Women are still trying to prove their worth in this male-dominated world where men still earn more than women in comparable jobs, and more opportunities are presented to male entrepreneurs than to female entrepreneurs. Gender inequality is still rife. Any woman who reads this book has to understand the dynamics of the business world from a female’s perspective before even beginning to pave the path for her own business.

    Read More

  • The Changing Roles and Status of Women

    719 Words  | 2 Pages

    The Changing Roles and Status of Women In 1903 the suffragette movement was born with the formation of the Women's Social and Political Union (WPSU) by Emmeline Pankhurst and her two daughters Christabel and Sylvia. At first the newly formed suffragettes relied on spreading propaganda to gain support. However, on the 18th October 1905 they gained considerable unplanned publicity when Christabel Pankhurst and Annie Kenney stood up at a public meeting and asked if a Liberal government would introduce women's suffrage. Receiving no reply they stood on their seats waving a banner which said, "votes for women".

    Read More

  • The Power and Limitains of Women in This Earth Of Mankind by Pramoedya Ananta Toer

    913 Words  | 2 Pages

    In the novel This Earth Of Mankind by Pramoedya Ananta Toer, discrimination against social structure, race, and gender is apparent. The setting is in the Indies, or now called Indonesia. At that time, there are terms for different races in the book, which are “Native” indicating someone who is pure Indonesian, “Indo” a half European and half Indonesian, and “Pure Blood” or “European” when someone is pure European. An Indo and a Pure Blood receives more respect in society than a Native. Furthermore, European or Pure Blood is at the top of this social hierarchy, people who are European or Pure Blood receives the utmost respect in society. Differences in gender is prevalent in this novel, where most women in this book have power in their own homes, but in society is looked down upon. Female characters experiencing these are Annelies, the main character’s love interest, Nyai Ontosoroh, Annelies’ mother who is a concubine, and Magda Peters, the main character’s European teacher. Women in this novel are portrayed differently according to what race, social structure, and gender they are born in, which can be seen through Nyai Ontosoroh, Annelies, and Magda Peters.

    Read More

  • Advancement Of Women

    877 Words  | 2 Pages

    Throughout the international community, women have been a primary focus of the United Nations due to their importance to the economic and social balance in a country. The advancement of women is a vital issue concerning the world as the new millenium begins. Although the international community views women with high regard and of the utmost respect, ancient traditions, one sided beliefs, and false stereotypical propaganda, which demean and belittle women are existent in the world today. Historically, women have been victims of inequality and abusive practices, and due to this, many women never reach their full potential in the economic world. First, the primary root that hinders the progress of women is the inferiority complex at an early age.

    Read More

  • Women's Role

    1571 Words  | 4 Pages

    A housewife and mother are words that describe the typical woman in the 1950's. The mother and wife was seen to have a very specific set of responsibilities to fulfill. Those roles and responsibilities have drastically changed since then.

    Read More

  • Women's role throughout history

    1011 Words  | 3 Pages

    Throughout history, women’s roles have changed drastically. As times changed so did the opportunities and demands. Women adapted significantly well to these new changes, and so they were able to influence and help shape these periods, as well as benefit from them. Women suffered from much discrimination, and were not allowed to attend universities, vote, speak in public or own any property. Also, they did not have a choice but to fight for their place in society. Regardless of all these difficulties, women gathered strength and succeeded in establishing permanent social changes.

    Read More

  • MBA Admissions Essay

    997 Words  | 2 Pages

    First Challenge the expertise for strategy formulation implementation within a changing business environment. In May 1994, I was selected as a member of Task Force Team that prepare to set up HMC's own finance company. During my six-month assignment, I worked under pressured time constraints. After lots of conflicts with Ministry of Finance and Economy, we got government approval in late 1994. This opportunity provided me with valuable experience in every aspect of business and team experience. Working with the extremely qualified and professional upper management was valuable in shaping my career goals. Especially, during my business trip to Hyundai Motor Finance Company in CA, USA, the international exposure increased my confidence and desire to pursue a career in international business. After the expiration of the Task Force, I was given the option between joining the newly established Finance Company and remaining in HMC. At that time, International Finance Team(IFT) offered to work together with them. I accepted the proposal because I wanted to further expand my international exposure. Second Challenge the enhancement of the global perspective and strategic vision required to successfully compete in a globalized business setting. In January 1995, I was trasferres to IFT and took over two jobs of financing Foreign Direct Investment and Investor Relations. In march 1995, HMC was planning the biggest foreign direct investment in India ever since the failure in canada, and I, together with my two subordinates, was responsible for project. Despite the fact that only three months had passes after taking a new position. I could carry out the complicated processes on the project. partly owning to the past force team experience.

    Read More

  • The Role of Women in Society

    374 Words  | 1 Pages

    The role women play in today’s society is a drastic change from the previous role. Women used to be confined to the superiority of the man. Physically, mentally, and emotionally abused, belittled, embarrassed, and silenced. These are just a few examples of the emotion from the isolated treatment of the past. A woman’s role in today’s society is more valued than ever before.

    Read More

  • Entrepreneurship Essay

    1366 Words  | 3 Pages

    Nowadays, entrepreneurship becomes most popular career, where our government encourages our graduated student to involve in business so that unemployment will not happen in our country. Policymakers, academics, and researcher agree that entrepreneurship is a vital route to economic advancement for both developed and developing economics (Zelealem et al., 2004). Entrepreneurship has many types for example small business and others. Today small business, particularly the new ones, is the main vehicle for entrepreneurship, contributing not just to employment, social and political stability, but also to innovation and competitive power (Thurik & Wennekers, 2004).

    Read More

  • The Challenges Faced By Women

    1571 Words  | 4 Pages

    Throughout the history of mankind, the rank of women has been extremely pivotal in the development of the humans. At present, the progress of the nation is determined by the high positions of the women in the society in terms of the employment and the work. It is said that without the contribution of the women in the political, business, social, economic and national activities, the growth of the country will stagnate. In the past, the women were more accustomed to working in homes and taking care of children, etc. but now they are stepping into the outside world due to advances in education for women and increasing awareness.

    Read More

  • Gender Empowerment Essay

    2360 Words  | 5 Pages

    Gender empowerment is refers women’s and men’s ability to participate in economic and political life and their command over economics resources. Women who played determine role in development of humanity, incomplete without the empowerment of women. Women constitute approximately half of the world’s population so as half potential. Present scenario needs women-led development.

    Read More

  • The Importance Of Banking Supervision

    722 Words  | 2 Pages

    The study is primarily designed to find out the continuous issue of the banking system in

    Read More

  • Role Of Financial Sector In The Banking Sector

    1366 Words  | 3 Pages

    A variety of groups are concerned in bank profitability for various reasons. The bank shareholders would want to know if the value of their investments is high or low. The investors also use current and past performance to predict future price of the banks’ shares traded on the stock exchanged. The management of the bank as trustee of the shareholders is evaluated and compensated on the basis of how well their decisions and planning have contributed to growth in assets and profits of their banks. Employees of bank also are concerned with profits, since their salaries and promotions are frequently tied to the profitability performance of their banks. Depositors use bank performance and profitability as indicators of security for their deposits in the banks. Finally, business community and general public are concerned about their banks’ performance to the extent that their economic prosperity is linked to the success or failure of their banks.

    Read More

More about The Role of Women in the Development of a Nation

Open Document