The Crucial Value of True Leadership and Entrepreneurship
Tuesday 2 November 2010
Stefano shared his views about true leadership and explained how decision-makers can shape their leadership attitude, particularly if they are driven by a willingness to make a difference. He also talked about the winning ingredients for real entrepreneurship and his recipe for developing a successful entrepreneurial mindset. He unveiled how Alliance Boots has been delivering exceptional results during tough times and how economic challenges and constraints should be seen as business opportunities.
Stefano Pessina is the architect and founder of Alliance Boots, a leading international, pharmacy-led health and beauty group which has a presence in over 20 countries with more than 115,000 employees. Today, he is the Group’s Executive Chairman, since he took the company private in June 2007.
Stefano graduated in nuclear engineering before starting his career in academia and later joining market research firm ACNielsen. In the mid-1970s, he took over his family’s local pharmaceutical wholesale business, which he expanded through mergers, acquisitions and partnerships to form Alliance Santé, a Franco-Italian pharmaceutical wholesale group. In 1997, via the successful merger between Alliance Santé and UK wholesaler UniChem, he created Alliance UniChem which he transformed into a pan-European healthcare distribution group. In 2006, Stefano orchestrated the merger of Alliance UniChem plc with Boots Group plc to form Alliance Boots plc, which he subsequently acquired with KKR and has continued to grow, particularly the Boots brand.