2. Decision-making process
• Where are we now?
• Where do we want to be? (we are going to focus
on this)
• How do we get there?
• How do we know we are better?
MAKE A
DIFFERENCE
TRUST
WORTHY
3. LAKSHMI MITTAL
an inspiration for all entrepreneurs
BACKGROUND BORN: June 15,1950, Sadulpur, Rajasthan, India EARLY YEARS
IN INDIA EXTENDED & POOR FAMILY 20 LIVED ON BARE FLOOR, SLEPT ON
ROPE BEDS, COOKED ON OPEN FIRE ON THE BRICKYARD ON THE HOUSE BUILT
BY HIS GRANDFATHER.
Indian born British steel tycoon. Born on June 15th 1950 in Rajasthan. Family
moved to Kolkata from Rajasthan. His father Mohanlal Mittal set up a small
steel mill in Kolkata. Finished his bachelors degree in business and accounting
Lakshmi N Mital : Steel tycoon is the richest Indian in the world with an
estimated wealth od $25 billion
He resides in London He left India in the mid 1970. to start his career He was
send to Indonesia by his father to shut the family’s ailing steel plant and sell
the land
Instead, Young Lakshami saw an opportunity and quickly turn it around.
4. Objectives have three functions
To control a firm’s plan (set up targets within a
department.
To motivate or inspire people to reach a
common goal.
To direct to provide an agreed and clear focus
for everyone in the organization.
9. People Interested
To have good health
Good looking
Mean convenient path every body is doing it
Present
10. People Committed
Never
blame other , resources system knowledge
excuse Give-up because off
politic I am but they -----
runaway I cant
escaped Fare
11. People Committed
Put your all muscles
nerves and trillion of sells
all together
Don’t suffer in hope
disease
Probability or Possibility
12. Objective setting big mistake
Present
Past
Don’t let your present or past circumstances to
dictate your future objectives
Free from present or past in setting process
13. Exceed
Don’t miss single day
Single person of team is important
Put your all 100 trillion cells to achieve more
than 100 %
16. Objective Setting 3 Year
Development of work force
PeopleIProcessesCustomerFinance
PresentNew
Present New
Enhance Operational efficency
Grow our Market Share
Improve our Profitibility
17. Goals Setting 1 year
Responcible Result
TRAMS
PresentNew
Present New
Actionable Atainable
Mearureable
Specific
Time Bound
