Joshua ElkingtonFounder and General Partner at Axial

Kiran Mazumdar-Shaw, Business is about Purpose

Name: Kiran Mazumdar-Shaw, Business is about Purpose
Uploaded: 2024-05-20T20:57:29+00:00
Duration: 59 s
Channel: Joshua Elkington
Description: In this interview excerpt, Kiran Mazumdar‑Shaw emphasizes that business must be anchored in a clear purpose. She explains that every time she launches a…

20 May 2024 · 1 min

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In this interview excerpt, Kiran Mazumdar‑Shaw emphasizes that business must be anchored in a clear purpose. She explains that every time she launches a venture, she defines its purpose first and builds her leadership around it. Referring to the founding of Biocon in 1978, she describes herself as an “accidental entrepreneur” whose initial mission was to develop enzyme technologies that would reduce chemical pollution. This purpose‑first mindset underpins her approach to entrepreneurship and leadership.

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I always believe, Pramod, that business is about purpose. And I think every one of us who runs a business have to have a sense of purpose, and you have to lead with that sense of purpose. That's what I've always believed in as a business leader. And every time I've started a business, I have made sure that I'm very clear about my purpose and how I build my leadership based on that purpose. So when I started Biocon, you know, in 1978, I want to, you know, tell you that of course, I call myself an accidental entrepreneur. But when I decided to start this business, which was about developing enzyme technologies, My purpose was about reducing chemical pollution, so my whole purpose was about developing