Main Ambani
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Transcript of Main Ambani
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DHIRUBHAI AMBANIRELIANCE
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CONTENT
Background
Early life
Big Five Model
Personality Type
Managerial Grid
MBTI
Criticism Achievements
Conclusion
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BACKGROUND
Dhirajlal Hirachand Ambani (28 December 1932 6 July2002)
Think big, Think fast, Think ahead. Ideas are no ones
monopoly.
Founder of Reliance- 1958
Among the select Forbes Billionaires
Rags to Riches
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Life in a Nutshell
Gujarati Family.
Impatient of oppressive grinding mill of school
classroom.
Small time worker with Arab merchants in the 1950s.
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Life in a Nutshell
Moved to Mumbai in 1958 and opened his mill near
Ahmedabad.
Found Reliance Industries in 1958.
Started "Majin" in partnership with Champaklal
Damani.
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Life in a Nutshell
He along with Amit Mehra,a Delhi based CA and CS
started the 1st textile mill at Naroda, in Ahmedabad
in 1966.
Textiles were manufactured using polyester fibre
yarn.
Today- over 85,000 employees, provides almost 5%
of the Central Government's total tax revenue.
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Life in a Nutshell
Suffering a heart attack in 1986, he handed over
Reliance Group to his sons.
After his death in 2002, Mukesh headed Reliance
Industries.
Reliance Anil Dhirubhai Ambani Group (Reliance
ADAG) was led by Anil Ambani.
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Big Five Model
ExtroversionExtraversion is "the act, state, or habit of being predominantly
concerned with and obtaining gratification from what is outside the
self.
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Big Five Model
AgreeablenessAgreeableness is a tendency to be pleasant and accommodating in
social situations
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Big Five Model
ConscientiousnessC Conscientiousness is the trait of being painstaking and careful, or
the quality of acting according to the dictates of one's conscience.
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Big Five Model
Openness to experienceOpenness to experience is one of five major domains of personality
discovered by psychologists
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Big Five Model
Emotional StabilityEmotional Instability is a tendency to experience unpleasant
emotions easily, such as anger, anxiety, depression, or vulnerability
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PERSONALITY ATTRIBUTES
INFLUENCING ORGANISATIONALBEHAVIOUR
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PERSONALITY ATTRIBUTES
Locus of control
Machiavellism
Self Esteem
Self Monitoring
Risk Taking
Personality Type A or B
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LOCUS OF CONTROL
The extent to which an individual believes he is incontrol of his own fate.
Dhirubhai had
-an internal locus of control
-Controlled behaviour
-Influential
-Believed in working hard and making his ownlife
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MACHIAVELLISM
The degree to which a person is pragmatic,
maintains emotional distance and believes
that ends can justify means.
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SELF - ESTEEM
It is the extent to which a person has a liking or a
dis-liking for self.
Dhirubhai had.
-High self-esteem
-Confident of his decisions-Achievement oriented
-Focused on achieving his goals
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SELF - MONITORING
This personality trait measures an individuals
ability to adjust himself according to the externalenvironment
Dhirubhai was highly self monitoring
He was in good control of his emotions and his
behaviour
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RISK - TAKING
It refers to a persons willingness to take risks
It also refers to the ability of decision making,
whether the person needs help to make decisions
or not
Dhirubhai Ambani was a born risk-taker .
E.g.: He risked venturing into textiles after parting
with Champaklal Damani
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PERSONALITY TYPE
Dhirubhai was a type A personality.
Struggle to achieve more and more in less time
Never allowed himself any leisure time
A multi-tasker and an opportunist
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Managerial Grid
l
http://g/Dev%20Mgrs%20ROI7/Myers%20Briggs%20slides.ppt -
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ESTP
REALISTIC
MANAGER
Gets Things Done
ENFP
OPPORTUNISTIC
LEADER
Discovers Possibilities
Myers-Briggs Personality Type
Indicator
Dhirubhai Ambani was a mixture ofESTP and
ENFP personalities.
H h d h f ll i i
http://g/Dev%20Mgrs%20ROI7/Myers%20Briggs%20slides.ppthttp://g/Dev%20Mgrs%20ROI7/Myers%20Briggs%20slides.ppthttp://g/Dev%20Mgrs%20ROI7/Myers%20Briggs%20slides.ppt -
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He had the following traits
1. He was full of zest to all aspects of his life.
2. He was action-oriented, pragmatic and realistic.
3. He worked tirelessly towards achieving his goals.
4. Found the most efficient business.5. Thought about ideas that could benefit the
people.
6. Direct with his comments.
7. Quick to pounce on an opportunity
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Criticism
Tussle with Nusli Wadia
The Indian Express Articles
Dhirubhai and V. P. Singh
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Achievements
The Economic Times - Lifetime Achievement Award (10th
August 2001)
TNS-Mode Survey - India's Most Admired CEO (26th July
1999)
Chemtech Foundation - Man of the Century Award (8th
November 2000)
FICCI - Indian Entrepreneur of the 20th Century Award
(24th March 2000)
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Achievements
Asia Week - Dhirubhai among Asia's 50 most
powerful people
29th May 1998
26th May 2000
The Times of India - Dhirubhai Ambani voted
"Creator of Wealth" of the Century(8th January 2000)
Business Baron - Dhirubhai Ambani voted "Indian
Businessman of the Century(6
th
December 1999)
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Dhirubhai Ambani in Asia Week Hall of Fame(16th
October 1998)
Wharton's Dean Medal for Dhirubhai Ambani(15th June
1998)
Business Week - Dhirubhai Ambani one of "The Stars ofAsia" (29th June 1998)
Business India - Dhirubhai Ambani, Businessman of the
Year 1993 (31 November 1999)
Achievements
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Conclusion