Insight
Kudva: Executive sponsorship advances women in corporate leadership better than mentorship
“We talk about mentorship. We talk about networking. All of that is, it is important. It is good. But nothing as vital as sponsorship. And ICICI banks sponsored women for the top jobs without all these other programs, you know, and I think that is what made the…”
Insight
Kudva: Post-1991 Indian firms shifted from promoter control to widespread stock options
“Until then, I would say most companies were about the promoter, by the promoter, for the promoter. What these new age companies brought in was a culture of openness, a culture where people were more equal, a culture where stock options were more widely distrib…”
Assertion Supported
Kudva: India's venture capital industry emerged in the early 2000s
“And, you know, the whole VC industry, the availability of risk capital in the quantities that you see today was something that happened in the early 2000 or mid 2000, right? The first decade of the century.”
Insight
Kudva: Promotions reward expected future contributions, not past performance
“A promotion is not a reward. You know, at most for past performance. Past performance, at the best, gets you a chance to have that conversation. It is what you bring to the table today, or even not today, what you bring, what you are likely to bring to the tab…”
Insight
Kudva: Leaders who must be the best cap their company's growth
“It's not about being the best. It's about knowing where your strengths lie. It's creating the space for others to grow. Because if you're the best, then the company will be limited by your capability.”
Assertion Supported
Kudva: MIT study shows under one-third of managers know top company priorities
“There's actually a study which I saw by Stanford, ah, or sorry, MIT, I think, which in, which, ah, interviewed 4000 managers, and they found that less than One third of them were able to identify what are the top three priorities of our company.”
Assertion Supported
Kudva: Crisil's market cap quadrupled and turnover tripled during her CEO tenure
“We, our turnover grew three times, our market cap grew four times.”
Assertion Supported
Kudva: 1992 regulated Indian interest rates meant ratings didn't affect corporate borrowing
“Because if you remember at that point, interest rates were regulated. So whether you got a triple A or whether you got a double B or a single A, you know, the ratings didn't determine the cost of borrowings, right?”
Assertion Supported
Kudva: ICICI Bank served as India's premier "women CEO factory"
“And if you look at, ah, ICICI Bank, it has been a veritable women CEO factory, whether it was the CEO of, ah, Standard Chartered Bank, JP Morgan, Multiples Asset Management, Axis Bank, all these were led by women who have come from the ICICI stable.”
Assertion Supported
Kudva: Women lead only 4.7% of NSE 500 companies
“Less than five percent, 4.7% to be precise, less than five percent of the NSE 500 companies are led by women.”
Assertion Partly supported
Kudva: 70% of early writers on storytelling platform Pratilipi were women
“And initially, if I would be surprised if that is still not the case, 70% of the people who came to write on that platform were women.”
Assertion Supported
Kudva: Pre-1991 Indian government controlled manufacturing licenses, borrowing rates, and IPOs
“But that was also the pre-liberalization era, which meant that everything was controlled and determined by the government. Whether you could manufacture something depended on a license. The production capacity was determined by the government. Interest rates a…”
Assertion Not checkable as stated
Kudva: 1980s Indian industrial sites lacked female washrooms for project finance workers
“I was one of the very, very few women In project finance. And most of the places that I went to did not even have a washroom for women.”
Disclosure
Kudva: She stepped down as Crisil CEO without a planned next move
“I actually first announced my decision before even having the faintest idea of what I wanted to do.”
