“True Diversity Transcends Numbers”: Nandini Piramal

This young businesswoman is leading a fiveyear transformation plan across the Piramal Group for top talent identification and development. Meet Nandini Piramal, Chairperson, Piramal Pharma. She also heads Human Resources and Information Technology functions at the group level. BW Businessworld caught up with this young leader to talk about gender equality, leadership and more.

Your take on gender equality across corporate India.
The significant progress from a 6 per cent to an 18 per cent representation of women in boardrooms since 2013 marks a positive stride towards gender equality in corporate India. Yet, this achievement is only the beginning of a much-needed systemic transformation. True gender diversity transcends numerical representation; it’s about fostering an inclusive culture that empowers women to take on leadership roles. Initiatives like mentorship programs, flexible work policies, and support networks are crucial for nurturing women professionals at the workplace.

Moreover, the increase in female labour force participation to 37 per cent is also a sign of broader economic inclusion and empowerment. Achieving gender equality is not just about filling up ranks but ensuring women have equal opportunities to rise through the ranks. This is critical for a country like India as it aims to achieve faster economic growth and to do that, the country must leverage the full potential of its female workforce. Focusing on gender equality, creating an inclusive culture and empowering women in leadership roles are essential steps towards driving economic growth, and building a fairer and more dynamic corporate environment. 

Tell us about a professional challenge you have overcome.
Navigating Piramal Pharma through the Covid-19 pandemic was a defining moment. The challenges demanded swift adaptation, innovative thinking and strategic leadership. Ensuring continuous operation of essential services was a commitment to customers and communities. The pandemic highlighted the impact of leadership beyond traditional roles, emphasising influence, empathy, and clear communication. The circumstances tested our limits and pushed us to rethink our strategies to maintain our growth trajectory and service commitment. 

What makes a good leader? Identify three traits.
A proficient leader embodies three core traits: vision, empathy and integrity. A leader’s clarity of vision enables her to articulate strategic objectives and inspire the team to work towards achieving goals. Secondly, empathy is an indispensable requirement, in fostering meaningful connections with team members. Last, integrity is a fundamental pillar of impactful leadership. Leaders should prioritise honesty, transparency and ethical behaviour, cultivating.