RELIANCE ppt

9
“THINK BIG THINK FAST THINK AHEAD IDEAS ARE NO ONE’S MONOPOLY.”

Transcript of RELIANCE ppt

Page 1: RELIANCE ppt

“THINK BIGTHINK FAST

THINK AHEADIDEAS ARE NO ONE’S

MONOPOLY.”

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DHIRUBHAI HIRACHAND AMBANIarguably India’s most enterprising entrepreneur.

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HE ROSE FROM HUMBLE BEGINNINGS TO

FOUNDINDIA’S LARGEST

EMPIRE, AND IN THE PROCESS, BECAME ONE

OF THE WORLD’S RICHEST MAN.

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THE STORY BEHIND THE SUCCESS OF RELIANCE GROUP.

“The Secret of my success was to have ambition and know the minds of men.”

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early life.

• Born as the third child of Hirachand Govardhandas Ambani and Jamanaben in a small village called Chorwad in western Gujarat on 28th December 1932.

• Influenced by a clear contrast between the personalities of his mother and father.

• Childhood & Education.

• Entrepreneurial skills from the teen age.

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life at Aden.• Worked as a clerk in A.Besse & Co, a French company in Aden.

• Exposed to managerial functions and started trading in the local markets of Aden.

• Marriage with Kokilaben in 1954. Mukesh was born in 1957 and in 1958 Dhirubhai returns to Mumbai and forms the RELIANCE COMMERCIAL CORPORATION.

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task design, diversification and expansion.• Beginning with a small office, started trading in spices, sugar,

jaggery and betel nuts.

• Diversification and job specialization.

• The lucrative yarn business. Set up textile mill in Naroda in 1966 and went public in 1977. Becomes the “Polyester Prince”.

• Organizational design and succession plan.

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organizational differentiation and the split between Ambani brothers.• Where did he go wrong ?

• Inherent competition between the two brothers.

• Importance of organizational differentiation.

• How should power be divided and competence be channelized ?

• Succession plan and the Reliance legacy.

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“Dhirubhai will go one day. But Reliance's employees and shareholders will keep it afloat. Reliance is now a concept in which the Ambanis have become irrelevant."

“You do not require an invitation to make profits”

“Our dreams have to be bigger, our ambitions higher. Our commitment deeper and our efforts greater. This is my dream for Reliance and for India.”

Pursue your goals even in the face of difficulties and convert advrsities into opportunities.”

"Between my past, the present and the future, there is one common factor: Relationship & Trust. This is the foundation of our growth"

"Give the youth a proper environment. Motivate them. Extend them the support they need. Each one of them has infinite source of energy. They will deliver."

"We bet on people."

“Don’t give up, courage is my conviction”