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Dirubhai Ambani Ppt

Dirubhai Ambani Ppt

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Dhirubhai Ambani

Gujarat. ‡ he moved into textiles and opened his mill near Ahmedabad.Dhirajlal Hirachand Ambani ‡ born on December 28. ‡ Dhirubhai started off as a small time worker with Arab merchants in the 1950s ‡ moved to Mumbai in 1958 to start his own business in spices. 1932 in Chorwad. .

Entrepreneurship¶s true sense lies in the fact that he always looks upon opportunity.During 1950s ‡ In the 1950s. melted them into pure silver and sold it to the bullion traders in London. ‡ It was found that a young man in his twenties was placing unlimited buy orders for Yemini Rials. . pure silver coins and was in much demand at the London Bullion Exchange. was disappearing fast. the Rial. the Yemini administration realized that their main unit of currency. Young Dhirubhai bought the Rials. ‡ Rials.

Employees could walk into his cabin and discuss their problems with him. He followed an 'opendoor' policy. A former secretary reveals: "He was very helpful.000.00. ‡ Asia Times quotes: "His people skills were legendary.15.‡ In 1962." . Dhirubhai returned to India and started the Reliance Commercial Corporation with a capital of Rs. The primary business of Reliance Commercial Corporation was to import polyester yarn and export spices.

Dhirubhai was able to convince people of rural Gujarat that being shareholders of his company will only bring returns to their investment. Co. whose several annual general meetings were held in stadiums.000 investors from various parts of India subscribed to Reliance's IPO in 1977.‡ Dhirubhai Ambani is credited with starting equity investing in India. More than 58. ‡ Reliance Industries holds the distinction that it is the only Pvt. .

be it a power plant for his petrochemical enterprise or a canal to bring water from large distances for his cooling plant. He goes out and builds it himself.9 great management lessons from Dhirubhai Ambani "Small men like me don't inspire big words!" ‡ Dhirubhaism No 1: Roll up your sleeves and help. ‡ sense of µdo it yourself¶ ‡ He does not wait for infrastructure to be created to support his operations. .

‡ he gently asked ³M´ if They needed any help in combating it. ‡ knowledge that he knew and cared for what his team was going through. ‡ There used to be a time when our agency Mudra was the target of some extremely vicious propaganda by our peers. and that he was there for Them if needed him. worked wonders for confidence. ³He gave courage which we never new we had´ .Dhirubhaism No 2: Be a safety net for your team.

he never ever breathed a word about it to anyone else ‡ "Expect the unexpected" just might have been coined for him.Dhirubhaism No 3: The silent benefactor. . ‡ When he helped someone.

he would reply: " No is no answer!" Not only did he dream big. he taught all of us to do so too.Dhirubhaism No 4: Dream big. but dream with your eyes open. ‡ his favorite phrase "dream with your eyes open" . "It's difficult but not impossible!" ‡ Whenever a task seemed too big to be accomplished.

Dhirubhaism: Leave the professional alone! ‡ management techniques of him is different ‡ the simplest strategies are often the hardest to adopt. ‡ ³let professionals do the work´ ‡ This technique enforced responsibility among his team "Produce your best." .5.

you will create friction. Dhirubhaism: Change your orbit. . ‡ when you change orbits.6. you should move to the next level. By the time resentment builds up in your new orbit. Changing orbits is the key to our progress as a nation." ‡ This is no miracle. constantly! ‡ Dhirubhai's "orbit theory. The good news is that your enemies from your previous orbit will never be able to reach you in your new one. And so on.

he managed to achieve many things. words in letting me know that I had his trust. manifested itself in much more than countless ways. The arm-around-the-shoulder leader ‡ It was Dhirubhai's very own signature style ‡ Arm around the shoulder With that one simple gesture. and that I had him on my side! .7. to draw people towards him.«that didthat I belonged. ‡ This tendency that he had.

And succeeded. . ‡ when everyone in India would build capacities only after a careful study of market.8. he went full steam ahead and created giants of manufacturing plants with unbelievable capacites. Nor an economist. The Dhirubhai theory of Supply creating Demand ‡ He was not an MBA. But yet he took traditional market theory and stood it on its head.

. it is a by-product. nor about becoming the richest ‡ A by-product is something that you don't set out to produce. so don't chase it ‡ He did not breathe a word about profits. Money is not a product by itself. It is the spin off when you create something larger.9.

‡ People will pay for your product or service if it is good ‡ Sounds too simplistic for belief? Well. . if you work towards creating a name for yourself and earning a good reputation. look around you and you will know exactly how true it is.Success ‡ Success in attaining that goal will eventually ring in the cash. For instance. then money is a logical outcome.

‡Thank you .

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