Azerbaijan’s Top Business Leader Driving Change in 2024 November2024

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Savas

Savas Uzan CEO, Azersun Holding

The CIO is no longer just a . They are a TECHNOLOGIST strategic , BUSINESS LEADER driving digital transformation and .INNOVATION

The Triumph of Humility and Will

Goodleadershipisoftendefinednotjustbyachievementsbutalsobytheattitudes

andbehaviorsofthoseincharge.Atrueleaderembodiesthespiritofhumility, takingonmorethantheirfairshareofresponsibilitywhileallowingotherstoshare inthesuccess.Thisqualityfostersasupportiveenvironment,encouragingteammembersto striveforsuperiority

Accordingtoresearch,organizationswitheffectiveleadersseea30%increaseinteam engagement.Leaderswhodonotshyawayfromresponsibilitycreateanatmospherewhere teammembersfeelsafetakingrisksandcontributeideas.Thissenseofsecurityoftenleads tohighercreativityandproductivity,asindividualsaremorelikelytoexpresstheirthoughts withoutfearofunduecriticism.

Incontrast,leaderswhoclaimexcessivecreditmayinadvertentlystifletheirteam’smorale. Whenrecognitionisunevenlydistributed,itcanleadtodisengagementandresentment, ultimatelyharmingtheorganization’soverallperformance.Bysharingaccoladesand celebratingcollectiveachievements,leaderscanbuildastrongteamdynamicthatpromotes collaborationandtrust.

Furthermore,goodleadersunderstandthattheirroleisnotjustaboutguidingothersbutalso aboutcultivatingfutureleaders.Bytakingresponsibilityforfailuresandsharingsuccess, theymodelthebehaviorthatinspiresotherstogrowandtakeownershipoftheirroles.This approachnotonlyenhancestheleader'scredibilitybutalsoelevatestheentireteam,leading tosustainablesuccessinanyorganization.

ThelatesteditionofTheCIOWorld,titled "Azerbaijan's Top Business Leader Driving Change in 2024," highlightsSavasUzan'sclassicapproachtoleadership.Emphasizingthe importanceofbuildingstrongrelationships,maintainingadaptability,andstayingtrueto one'svision,Uzanassertsthatthesequalitiesareessentialforachievingsuccess.His philosophyhasproventobethedrivingforcebehindtheremarkablegrowthandstabilityof AzersunHoldingduringhisleadership.

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06. F E A T U R I N G

Savas Uzan

Visionary Leadership in Action for Sustainable Growth in Food Production

16.

20. A R T I C L E S

5 Leadership Styles for Business Success

What are the Key Responsibilities of a Business Leader?

Savas Uzan

Savas’s guidance underscores the values of lifelong learning, ethical leadership, and maintaining a clear vision in the pursuit of business success

Cultivating Effective Connections and Supporting Creativity for Success at Azersun Holding!

Inaworldwherebusinessesoften struggletobalancegrowthwith ethicalpracticesand environmentalresponsibility,one leaderstandsoutasabeaconof innovativeandsustainablecorporate governance.SavasUzan,thevisionary CEOofAzersunHolding,has redefinedleadershipintheAzerbaijani businesslandscape.

Savas'sapproachtoleadershipisa masterclassinmodernmanagement. "Building strong relationships, being adaptable, and staying focused on one's vision is crucial for success," he asserts.Thisphilosophyhasbeenthe cornerstoneofAzersunHolding's remarkablegrowthandstabilityunder hisstewardship.

Whatsetshimapartishispassionto nurturingateam-orientedworkplace whereemployeesfeelvaluedand motivated.Heunderstandsthata company'ssuccessisintrinsically linkedtothewell-beingand engagementofitsworkforce.This people-centricapproach,combined withhisemphasisonsustainabilityand ethicalbusinesspractices,ensuresthat Azersun'sgrowthpositivelyimpacts boththeenvironmentandthe community

Savas'dedicationtolifelonglearning andadaptabilityhasenabledhimto navigatetheever-changingbusiness landscapesuccessfully.Hisfocuson buildingstrongrelationshipswith stakeholders,bothinternaland external,hasbeenpivotalinachieving profitablebusinessobjectives.

Asthebusinessworldlookstoleaders whocanbalanceprofitwithpurpose, SavasUzanemergesasamodelof

creativeleadershipandstrategicvision, inspiringanewgenerationofcorporate leaders.

Let us learn more about his journey:

AzersunHolding:ALegacyof QualityandCommunity

AzersunHolding,foundedin1991, beganitsjourneywithacommitment toproducinghigh-qualityfood productsthatadheretointernational standards.Startingfromhumble beginnings,thecompanyrapidly expandedintovarioussectors, includingagriculture,logistics,and packaging.Thisdiversificationaimed tocreateaself-sustainingecosystem thatbenefitsboththecompany's growthandthecommunitiesitserves.

Overtheyears,Azersunhasevolved intoaprominentconglomerate,known foritsinnovativestrategies,ethical businesspractices,anddedicationto sustainability

Savas's strategic leadership has been instrumental in Azersun Holding's rise as a market leader in Azerbaijan and the surrounding region.

Thecompanyemphasizescorporate socialresponsibility,ensuringits operationscontributepositivelyto societyandtheenvironment.By continuouslyinvestinginnew technologiesandbestpractices, Azersunhasestablisheditselfasa marketleaderandatrustedbrand.

Holding'sSuccess:AStoryofVision, Values,andInnovation

LeadingAzersunHoldinghasbeena journeyofconstantlearningand adaptationforSavaşUzan.Thekeyto thecompany'ssuccesshasbeenaclear vision,strongvalues,anda commitmenttoinnovationandquality.

Emphasizingteamwork,and transparency,andfosteringacultureof continuousimprovementhavebeen essentialindrivingAzersunHolding's growthandmarketleadershipinthe foodproduction,retail,andfarming sectors.

NavigatingChallenges:AStoryof ResilienceandAdaptability

Runningalargeconglomeratelike AzersunHoldingpresentsnumerous challenges,frommarketfluctuationsto operationalcomplexities.

Hehasledthecompanythroughthese obstaclesbyemphasizingeffective crisismanagement,strategicplanning, andmaintainingaresilientsupply chain.

Thekeyhasbeenaproactiveapproach toproblem-solvingandleveragingthe company'sstrengthsinthefood production,retail,andfarmingsectors.

Byadaptingtochangingmarket conditionsandprioritizinginnovation, AzersunHoldinghasconsistently maintaineditspositionasamarket leaderinAzerbaijanandthe surroundingregion.

Hisleadershiphasbeeninstrumentalin navigatingthesechallengesand steeringthecompanytowards continuedsuccess.

LessonsinEffectiveLeadership

Throughouthisillustriouscareer,he haslearnedinvaluablelessonsabout effectiveleadership.Heemphasizesthe importanceofempathy,thepowerof clearcommunication,andtheneedfor agilityindecision-making.

Hehasfoundthatbuildingtrustand empoweringteamstotakeinitiativeis keytodrivingsuccessatAzersun Holding.Hisabilitytoadaptto changingcircumstancesandfostera cultureofinnovationhasbeen instrumentalinnavigatingchallenges andmaintainingthecompany's positionasamarketleaderinthefood production,retail,andfarmingsectors.

FosteringInnovationand Adaptability

AtAzersunHolding,fosteringaculture ofinnovationisparamount.The companyencouragescreativityby providingplatformsforideageneration andactivelyinvestsinresearchand development.

Bystayinginformedaboutmarket trends,Azersuncontinuouslyseeks waystoenhanceitsprocessesand products.

Savasbelievesthatempowering employeestocontributeideasand solutionsisessentialformaintaininga dynamicandforward-thinking organization.

PrioritiesforGrowth

AsCEOofAzersunHolding,Savas prioritizesexpandingmarketpresence,

He recognizes that responsible business practices not only benet society but also contribute to longterm organizational success.

enhancingproductquality,and embracingdigitaltransformation.

Sustainabilityandcorporatesocial responsibilityarealsocentraltohis vision,ensuringthatthecompany's growthpositivelyimpactsboththe communityandtheenvironment, reinforcingAzersun'scommitmentto ethicalbusinesspractices.

StrategicApproachtoPositioning AzersunforLong-TermSuccess

Savas'sstrategicdecision-making processatAzersunHoldinginvolvesa balancedapproachthatcombinesdatadriveninsightsandintuition.AsCEO, heconsidersmarkettrends,consumer behavior,andthecompany'slong-term visiontomakedecisionsthatalign withitsgoalsandvalues.

Heemphasizestheimportanceof adaptability,constantlyevaluatingand refiningstrategiestopositionAzersun

forsustainedsuccessinthefood production,retail,andfarmingsectors.

Hisstrategicleadershiphasbeen instrumentalinAzersunHolding'srise asamarketleaderinAzerbaijanand thesurroundingregion.

EmpoweringSeniorLeadership

Savasempowerstheseniorleadership teambyprovidingessentialresources andtheautonomyneededtoeffectively leadtheirdivisions.Hisapproach emphasizescontinuousprofessional developmentandmentorship,fostering acollaborativeenvironmentthat encouragesinnovationandteamwork.

Byprioritizingtheseaspects,he ensuresthattheleadershipteamis well-equippedtonavigatechallenges anddrivethecompany'sgrowth.His commitmenttoempowermentnotonly enhancesindividualcapabilitiesbut alsostrengthenstheoverall organizationalculture.

ApproachtoWork-LifeBalanceas

CEO

Savasrecognizesthatmaintaininga healthywork-lifebalanceis challengingyetessentialforeffective leadershipatAzersunHolding.He prioritizestimemanagementand delegatedresponsibilitieseffectivelyto ensurethathecouldfocusonboth professionalandpersonal commitments.

Heemphasizestheimportanceof carvingouttimeforpersonalwellbeingandfamily,understandingthata balancedlifecontributestobetter decision-makingandoverall productivity.

Bymodelingthisapproach,hefosters aculturewithintheorganizationthat

valueswell-being,encouraginghis teamtoalsoprioritizetheirhealthand personalliveswhilemeetingthe demandsoftheirroles.

ShapingLeadership

Savas'spersonalbackgroundand extensiveexperiencehaveshapedhis approachtoleadingAzersunHolding. Hisjourneyhasinstilledthe importanceofresilience,adaptability, andethicalleadership,whichserveas guidingprinciplesforthecompany

Hiscommitmenttothesevalues ensuresthatAzersunremainstruetoits coreprincipleswhilepursuinggrowth inthefoodproduction,retail,and farmingsectors.Hisleadershipstyle emphasizesempoweringemployees, fosteringinnovation,andmaintaininga

Savas, a successful business leader, shares his insights and advice for those looking to follow in his footsteps.

strongcorporatesocialresponsibility framework.

Hisexperienceshavemoldedhiminto avisionaryleaderwhonavigates challengesandsteersAzersunHolding towardcontinuedsuccessinAzerbaijan andthesurroundingregion.

IntegratingCorporateSocial ResponsibilityatAzersunHolding

Savasfirmlybelievesthatcorporate socialresponsibilityshouldbeakey priorityonaCEO'sagenda.At Azersun,heensuresthatgivingbackto thecommunity,promotingsustainable practices,andmaintainingpositive socialandenvironmentalimpactsare integraltothecompany'soperations.

Herecognizesthatresponsible businesspracticesnotonlybenefit societybutalsocontributetolong-term organizationalsuccess.Byembedding CSRintoAzersun'scorevaluesand strategies,hesetsanexampleforhis teamandtheindustry,demonstrating thatethicalleadershipandprofitability cangohand-in-hand.

HiscommitmenttoCSRhas positionedAzersunHoldingasa responsiblecorporatecitizen, enhancingitsreputationand strengtheningitsrelationshipswith stakeholdersinAzerbaijanandbeyond.

OpportunitiesandChallengesAhead

Inthenext5–10years,heenvisions AzersunHoldingtoanticipate significantopportunitiesinexpanding intonewmarkets,enhancing technologicalefficiency,andbolstering sustainabilityinitiatives.

Thecompanyaimstoleveragethese areastostrengthenitscompetitive position.However,italsofaces challenges,includingnavigating

According to Savas, building strong relationships, being adaptable, and staying focused on one's vision is crucial for success.

economicuncertaintiesand maintainingcompetitivenessina rapidlyevolvingmarketlandscape.

Addressingthesefactorswillbecrucial forAzersunHoldingtosustaingrowth andadapttochangingconditionsinthe industry

AdviceforAspiringBusiness Leaders

Savas,asuccessfulbusinessleader, shareshisinsightsandadviceforthose lookingtofollowinhisfootsteps.He emphasizestheimportanceofstaying curious,embracingcontinuous learning,andleadingwithintegrity.

Accordingtohim,buildingstrong relationships,beingadaptable,and stayingfocusedonone'svisionare crucialforsuccess.

Hecautionsagainstusingone's positionsolelytofurtherpersonal politicalambitions,aselectoralappeal shouldbebasedonprogramsand ideologies,notpersonality

Hisguidanceunderscoresthevaluesof lifelonglearning,ethicalleadership, andmaintainingaclearvisioninthe pursuitofbusinesssuccess. CIO

5Leadership Stylesf Business Success

Leadershipformsthecore

backboneofasuccessful organization,helpingtomove throughchallengesandgettowardsa commongoalinateam.Inthismodern businessworld,thekindofleadership adopteddoesaffectthewayofworking significantly.Itfostersanenvironment ofworkwhilesimultaneously developingengagementandproductive abilityattheworkplacelevel.Because thereisawiderangeofstylesfollowed invariousorganizations,awareness abouteachofthesehelpsthembecome successfulbusinessesinpractice.

Imagineanofficewherecreativity abounds,andeveryoneonstaffis encouragedtobeengaged.Itisoften suchaculturethateffectiveleadership fostersteamworkandinnovation.It canbededucedfromthereportthat 20%ofthelevelofemployee satisfactionintheorganizationwas achievedbystrongleadershipin additiontoa21%increasein profitability.Fromthis,itshowswhy leadersareimportanttoimpactafirm's cultureastheywillimpact performance.Suitableleadershipstyles byorganizationshelpindealingwith theintricaciesofmodernmarketsand

developingasenseofbelongingin theirteams.

OverviewofLeadershipStyles

TransformationalLeadershipis consideredtobethemostimpactful typeintoday'sfastbusiness environment.Itinspiresemployeesand encouragesthemtoreachabove themselveswithacommonvision. Transformationalleadersareknown forcreatinginnovationand encouragingcreativity,qualities necessaryinanagewherethebottom lineisadaptability.Transformational leadershavebeenshowntoincrease employeeengagementbyupto30%, which,inturn,hasadirectimpacton performanceoutcomes.

Transactionalleadership,however,is basedonestablishedproceduresand hasafocusonstructureand organization.Thistypeofleadershipis markedbyawell-definedsystemof rewardsandpunishmentsthat encouragesemployeestoachieve certainobjectives.Itmaynot encouragecreativityas transformationalleadershipdoes,butit ensuresthesmoothrunningofdaily activities.Companiesthatuse transactionalleadershiptendtohave higherefficiencyandclarityinroles, makingtheworkenvironmentmore predictable.

DemocraticLeadershipencourages allteammemberstoparticipateinthe decision-makingprocess.Thisisnot onlyawayofempoweringemployees butalsoincreasestheircommitmentto theorganization.Studieshaveshown thatdemocraticleadershipcanresultin betterqualitycontributionsfromteam members,whichmeansbetteroverall performance.Organizationsthatadopt thisstyleusuallyseea25%increasein teammoralebecausetheemployees feelvaluedandintegraltothe company'ssuccess.

SituationalLeadershipadaptsbased onthecontextandmaturityoftheteam membersinvolved.Leaderswho practicethisstyleassesstheneedsof theiremployeesandadjusttheir approachaccordingly.Thisflexibility allowsleaderstoeffectivelymanage diverseteamsbyapplyingdifferent strategiestailoredtoindividualor groupneeds.Researchshowsthat situationalleadershipcansignificantly enhanceteamworkdynamics,where organizationshavereporteda15% improvementincooperationthrough theadaptabilityoftheleadershipstyle inmostsituations.

Lastly,Laissez-FaireLeadership takesahands-offapproach,allowing employeesconsiderableautonomyin howtheycompletetheirtasks.This styleworksbestwhenteammembers arehighlyskilledandmotivated,asit fostersanenvironmentoftrustand independence.Whileitmaynotsuit everyorganization,laissez-faire leadershipcanleadtoincreased innovationamongteamsthatthriveon freedomandcreativity.

TheImpactofLeadershipStyles

Thechoiceofleadershipstyle profoundlyaffectsorganizational cultureandsuccess.Forexample, transformationalleadersoftencreate environmentswhereemployeesfeel inspiredtoinnovate,leadingto groundbreakingideasandsolutions.In contrast,transactionalleadersmay excelinenvironmentsrequiringstrict adherencetoprocessesandefficiency

Theeffectivenessofthesestylesmay bemeasuredinseveralmetrics includingemployeesatisfaction, retentionrates,andoverall productivity.Agoodexampleisthatof transformationalleaderswhere companiesusingthemhaverecorded upto40%higherretentionrates comparedtothosefirmswithmore traditionalmanagementsystems.

Theorganizationsadoptingdemocratic practicehaverecordednotable improvementsincollaborationand innovationmetrics.

Withsuchdiversestylesofleadership, everyorganizationvyingforsuccessin thiscompetitivelandscapemust understandvariousformsof leadership.Eachwillhaveitsbenefits thathelpfosterengagedemployeesand improveperformancebasedon application.Understandingthepositive attributesoftransformational, transactional,democratic,situational, andlaissez-faireleadershipstylesisthe keytocreatingaworkingenvironment thatnotonlyreachesbusinessgoalsbut alsosatisfiesitsmostimportantasset people.Ascompaniescontinueto evolveamidstchangingmarket dynamics,effectiveleadershipwill remainapivotalfactorinachieving sustainedsuccess.

Leadership is not about titles, positions, or owcharts. It is about one life inuencing another.

What are the Key Responsibilities of a Business Leader?

Everydecisionmadecould

affectanorganizationlike throwingastoneintoapond; theroleofleadershipbecomespivotal. Thinkoftheturbulentwatersthata shipnavigatesthrough,andhowthe captaincanmakehisvesselsafelypass throughsuchstormywatersislikethe leadermakinghisbusinessteampass successfullythroughthechallenges theyencounter.Aleaderisnotatitle holderbutavisionarywhoinspires, motivates,andempowershisteamto reachnewheights.Theysetthecourse fortheirorganizationandensurethat everymemberunderstandstheirrolein achievingsharedgoals.

Withtheriseofremoteworkand globalteams,theneedforeffective leadershiphasneverbeenmore critical.Recentstudiesshowthat organizationswithstrongleadership have30%moreengagedemployees anda20%increaseinproductivity. Thisshowshowimperativeitisfor leaderstocreateanenvironmentwhere membersoftheteamfeelappreciated andmotivated.Insuchlandscape,one mustunderstandthekeydutiesofa businessleaderandusethemto promotethesuccessofanorganization.

EstablishingaClearVision

Oneofthekeydutiesofabusiness leaderistosetaclearandtangible visionforthecompany.Thisincludes defininglong-termgoalswhilestating howtoachievethem.Awellcommunicatedvisionhasactedasa roadmap,guidingemployeesinevery stepanddecisiontheymake.Facts revealthatcompanieswithclearly definedvisionsexperience50%higher levelsofemployeesatisfaction. Leadersneedtomakethisvision connecttoallteammemberstohave alignmentandcommitmentinthe organization.

EffectiveCommunication

Communicationisanotherfoundation ofeffectiveleadership.Leadersmust beclearabouttheirexpectationswhile alsobeingopentofeedbackfromtheir teams.Suchtwo-waycommunication isthebuildingblockoftrustand transparency,twoessentialsforany successfulorganization.Statistics revealthatorganizationswithstrong communicationpracticesare25% morelikelytoretaintalent.By listeningactivelytotheiremployees andbyaddressingtheirconcernsin time,leaderscancreateaninclusive atmospherewhereeveryonefeels heard.

Decision-Making

Inthefast-pacedbusiness environment,leadersoftenhaveto makechallengingdecisionsthatmay determinethefutureofthe organization.Criticalanalysisof situationsandinformeddecisionmakingiskey.Ithasbeenproventhat companiesledbydecisiveleadersare 15%moreprofitablethantheir competitors.Theeffectiveleaderwill gathertherightdata,considervarious perspectives,andweightheoutcomes beforearrivingatadecisionthatmeets strategicgoals.

TeamBuilding

Businessleadersshouldbuildcohesive teams.Theymustrecognizethe strengthsofeachindividualmember andfacilitatecollaborationamong them.Theleadersshouldcreatean environmentwhereteamworkis encouragedandatthesametime celebrateindividualcontributions. Accordingtoresearch,organizations thathavehighlevelsofcollaboration experienceanincreaseinproductivity upto30%.Bygivingtimetoteambuildingactivitiesandacultureof collaboration,leaderscanimprove performance.

MentoringandCoaching

Besidestaskmanagement,leaders coachandmentortheiremployees. Theirroleistoguideandsupport peopletodeveloptheirskillsandreach theirfullpotential.Accordingto research,employeesthatreceive regularcoachingare50%morelikely toreportjobsatisfactionandstaywith thecompany Therefore,byfocusing onmentoring,leadersenhance individualperformancebutalso contributetothegeneralsuccessofthe organization.

ConflictResolution

Conflictoccursineveryworkplace; whatmattersishowleadersapproach theissues.Greatleadersknowhowto dealwithconflictspositivelytoensure thatteamsdonothavetostallto resolvethem.Inreality,companiesthat managetheirconflictseffectivelyhave alowerrateofemployeeturnover: 40%.Whenmanagersaddressissues promptlyandalsoencourageopenness, harmonyreigns.

Accountability

Accountabilityisanotherimportant aspectofleadership.Leadersshouldbe responsiblefortheiractionsandhold teammembersaccountablefortheir performance.Thiswillcreateaculture ofownershipwhereeveryonefeels responsibleforcontributingtothe successoftheorganization.According tostudies,organizationswithhigh accountabilitylevelsexperiencea25% increaseinemployeeperformance.

Flexibility

Adaptabilityisanintegralpartof effectiveleadership,especiallyin today'schangingbusinesslandscape. Leadershavetobeopentonewideas andtoadapttochangeasitcomes along.Researchindicatesthat organizationswithadaptiveleadersare

20%morelikelytoinnovate successfully Agreatleadercan navigatetheuncertainandtake opportunitiesastheypresent themselvesbyfosteringagilityamong histeam.

Inconclusion,therolesofabusiness leadergobeyondmanagementduties, whichincludesettingvisions,effective communication,makinggood decisions,buildingteams,mentoring, resolvingconflicts,holdingpeople accountable,andchange.Asglobal challengescontinuetoshapethe organization,thesuccessand developmentofsuchenvironmentswill dependongoodleadership.

,, ,, Success is not the key to happiness. Happiness is the key to success. Ifyou love whatyou are doingy , ou wi be successful.

- Epictetus

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Azerbaijan’s Top Business Leader Driving Change in 2024 November2024 by Insights Success Media - Issuu