❏ Introduction
❏ TurningPoints in Her Career
❏ Political Philosophy
❏ Key Decisions and Achievements
❏ Leadership Style Analysis
❏ Success Factors
❏ Controversial Actions
❏ Impact of Her Leadership
❏ Lessons for Us
❏ Conclusion
Table of Contents
3.
● The “Winterof Discontent” - recurrent strikes, economic disruptions etc.
● “The Iron Lady” steps in as the savior.
● Born in October 13, 1925, Oxford Alumnus majored in Chemistry, later
studied law.
● “Headstrong, obstinate and dangerously self-opinionated”
● Her policies reshaped Britain politically, socially, and economically
● A polarizing figure: admired for strength, criticized for rigidity
Introduction
1979 1990
Exits
Office
Enters
Office
Prime Minister of the United Kingdom
Longest-serving British prime minister of the 20th century
The first woman to hold the position
27% inflation rate.
4.
1975: Became Leaderof the Conservative Party
1979: Elected Prime Minister after “Winter of Discontent”
1982: Victory in the Falklands War boosted popularity
1984–85: Miners’ Strike tested her resolve against unions
1990: Poll Tax riots and party revolt → forced resignation
Turning Points in Her Career
5.
Political Philosophy (Thatcherism)
TheBritish Inheritance
“A man’s right to work as he will,
to spend what he earns,
to own property,
to have the state as servant
and not as master…”
Benefits:
- Raising Productivity
- Creating jobs
- Defeating inflation
- Restoring prosperity to the middle class
Attributes:
● Free Market Economy
● Privatization
● Monetarism
● Weakening Trade Unions
● Individual Responsibility
● Lower Taxes & Deregulation
6.
● Economic Reforms(Thatcherism):
○ Deregulation of financial markets (“Big Bang” in 1986).
○ Cut taxes and reduced welfare dependency.
○ Cured the economy of inflation and industrial unrest
○ Revived the idea of a Property-Owning Democracy
● Foreign Policy Success:
○ Falklands War (1982) against Argentina – decisive military victory, restored national pride. Entitled her with
“The New Britannia”
○ Firm Cold War stance – strengthened UK’s role on the global stage.
○ Restored Britain's stand in the world.
● Institutional Legacy:
○ Reshaped Conservative Party into a pro-market force
Key Decisions & Achievements
7.
● Decisive &Firm: Rarely backtracked on policies
● Visionary: Clear long-term goals, ideological conviction
● Authoritarian streak: Centralized power in Prime Minister’s office
● Charismatic communicator: Strong speeches, clear messaging
● Leadership model: Mix of Transformational (vision-driven) and Authoritarian
(rigid, uncompromising)
Leadership Style Analysis
8.
● Decisiveness: Tookbold, clear positions even when unpopular
● Strategic Global Vision: Strengthened Britain’s international standing
● Resilience: Overcame gender barriers in a male-dominated field
● Communication: Used simple, strong language to inspire conviction.
Success Factors
9.
● Milk Snatcher(1971): Ended free milk for school children over 7, earning her a lasting
nickname
● Poll Tax (1989–90): Unpopular flat-rate tax, led to protests and riots
● Miners’ Strike (1984–85): Refusal to compromise weakened unions but hurt communities
● Privatization: Sold off industries, praised for efficiency but blamed for inequality
● Cuts to Welfare & Housing: Reduced subsidies, 'Right to Buy' scheme shrank public housing
Controversial Actions:
10.
UK Politics:
● Permanentshift to free-market economics (accepted by all parties)
● Weakened trade unions permanently
● Greater power for Prime Ministers (presidential style)
Social Impact:
● Promoted individualism and homeownership
● Widened north-south economic divide
Global Impact:
● Influenced rise of neoliberalism worldwide
● Close ally of President Reagan → shaped Cold War policies
● Legacy echoed in IMF/World Bank economic strategies
Impact of Her Leadership
11.
Clarity of vision→ critical for effective leadership
Bold, decisive action → necessary in times of crisis
Resilience → ability to withstand criticism and opposition
Balance → her failure shows the need for flexibility, not rigidity
Application in Banking Institution:
● Clear strategic direction
● Accountability and efficiency in operations
● Courage to innovate, adapt to change
● Balance firmness with empathy in leadership
Lessons for Us