Leadership style of the richest Indian businessman Mr. Mukesh Ambani

1. Today’s Topic
An Indian Business Leader
&
His Style of Leadership

2. Richest INDIAN in the WORLD
Owns INDIA’s biggest company by market value
Ranked 40TH richest person overall on FORBES
List (March 4, 2014)
With net worth of USD 18.60 Billion
An MBA drop-out from STANFORD
UNIVERSITY

3. Mr. Mukesh Dhirubhai Ambani

4. “You see, All the right things are written in Books
and Research papers.
The trick is to ensure that there is no gap
between what is written in the books and your
vision; from what is happening on the shop-floor
and what is going in the Market Place.
That is execution. That is what makes
Difference.”
– Mukesh Ambani

5.  At the end this presentation, you will be able to know –
 Facts and figures about Mr.
Mukesh Ambani
 Personal Overview
 Leadership Style of Mr. Mukesh
Ambani
 Strategic Management by Mukesh
Ambani
 CSR
 Awards and Achievements
 Future Plan

6. Personal Details
Born
19 April, 1957 (age 56) Aden, Yemen
Occupation
• Chairman & MD, Reliance Industries
[FORTUNE Global 500 Rank – 107th ]
Spouse
Nita Ambani
Childrens
Akash Ambani
Anant Ambani
Isha Ambani
Parents
Dhirubhai Ambani
Kokilaben Ambani
Brother
Anil Ambani

7. Education
• Schooling from Hill Grange High School.
• Received BE degree in Chemical Engineering
from the University of Mumbai.
• Enrolled for an MBA from Stanford University
but dropped out to help his father build
Reliance, which at the time still a small but
rapidly growing enterprise.

8. Personal overview
• An ordinary individual who dreams big and welcomes challenges.
• Passionate about Business and Entrepreneurship since childhood.
• He uses the human resources in an efficient manner.
• Loves to interact with youngsters.
• Enjoys vadapav, Gujrati and Indian cuisine.
• Never leaves home without praying.
• Exercises for 45 minutes every morning.
• Favors Indian clothing brands.
As a visionary businessman, Mukesh Ambani, recently said “India's future is digital.”

9. Leadership Style
 Out with Feudal System
He realized that the feudal system in place
was outdated and needed to be replaced by a
revolutionary system. There was no substance in
keeping the power in a few people's hands and
so the authority was spread over a network of
people who were given specific responsibilities.
Not for him any coalition with second rate
companies. He bonded with the best. Dupont's
alliance was sought for $ 5 million. Young
people were assigned to be trained by Dupont.
This was something new to Indian business and
industry.
“Today I see a billion people as a
billion potential consumers, an
opportunity to generate value
for them and to make a return
for myself.”

10.  Not Let-up
His father and Rasikbhai Meswani, his cousin, two guiding spirits behind
Reliance died in quick succession. Mukesh was devastated but did not panic.
He quickly found his strength to get back in articulation. The organization was
intact after all. Work went on almost without any interruption.
 Aim High
It was always a goal for him to beat Taiwan and Korea at polyester
business. They were the dominant player in the business then. Soon he
concluded that the scale of business has to be huge to achieve the goal. In spite
of the license-quota raj and it strangling ways, Reliance polyester had built a
capacity of 75,000 tonnes. Then came deregulation. The company leapfrogged
into producing 1 million tonnes. The fast falling tariff rates helped too. The
executives, numbering some 300 were top class and saw it that the company
grew steadily. This growth, the vision of Mukesh, set a world record.

11.  Learn from Guru
Mukesh knew from experience that the U.S. is an open country where
it is not difficult to run a businesss and could get information in the
qucikest possible time. He made it to the US Association of Chemical
Engineers and get all the information. The staff learnt many things from
DuPont. Mukesh is all praises for KK Malhotra, who was an import from a
public sector company and whom Mukesh considers his Guru.
 Expansion
Mukesh could see far into the future and pinpoint the businesses that
would change the face of his company profile. Petrochemicals plastics,
polyester were all in their net, all having a future. Expansion was not
confined to India alone. It included the whole world. This huge plan for
expansion coupled with huge cash flow enabled the company become what
it is: a global giant by any standards.

12. Strategic Management
• Always thinks ‘out of the box’.
• Doing things in a different way.
• Empower ordinary people to extra to extra
ordinary things.
• Investment in excellence is investment in the
future.
• Self belief and opportunity analysis is
essential for an entrepreneur.

13. Awards and Honors
Year of Award
or Honor
Name of Award or Honor Awarding Organization
2000 Ernst & Young Entrepreneur Of The
Year
Ernst & Young India
2010 Global Vision Award at The Awards
Dinner
Asia Society
2010 Business Leader of the Year NDTV India
2010 Businessman of the Year Financial Chronicle
2010 School of Engineering and Applied
Science Dean's Medal
University of Pennsylvania
2010 Global Leadership Award Business Council for
International Understanding
 Ranked 5th best performing CEO in the world by Harvard Business Review in its
ranking of top 50 global CEOs.
 In 2010, he was given an Hon.DSc (Doctor of Science)(Hon.Causa)degree by
M.S.University,Baroda.

14. Board Membership
• Chairman, Indian Institute of Management
Bangalore
• Member of Board of Governors UDCT, Mumbai
• Chairman, Managing Director, Chairman of
Finance Committee and Member of Employees
Stock Compensation Committee, Reliance
Industries Limited
• Former Chairman, Indian Petrochemicals
Corporation Limited
• Former Vice Chairman, Reliance Petroleum
• Chairman of the Board, Reliance Petroleum
• Chairman and Chairman of Audit
Committee, Reliance Retail Limited
• Chairman, Reliance Exploration and Production
DMCC
• Former Director, Member of Credit Committee
and Member of Compensation & Benefits
Committee, Bank of America Corporation
• President, Pandit Deendayal Petroleum
University, Gandhinagar, Gujarat

15. Mission
To work constantly to encourage employees to develop
professional competency and to accept social responsibility
through the company’s safety, environmental, productivity and
quality efforts.
Vision
To become a globally competitive enterprise, driven by
the ,market, creating and maintaining a lead over competition
through quality products and establishing itself to be the
preferred supplier of its customers.

16. Some major ongoing/completed projects include :-
• Selection of cost effective FCC catalysts and additives for improved conversion and
yields.
• Benzene reduction in refining to promote clean fuel.
• Upgrading of bottom barrel through initiatives such as carbon black production,
reduced conversion etc.
• De-salter operation improvements.
• Computational fluid dynamics for trouble shooting.
• Molecular compositional blending models.
• Polypropylene quality control.
• Development of high performance additives for polyolefin.
• High melt strength PP by post reactor route.
• Superabsorbent polymers.
• Bio-filtration process for effluent water treatment.
• In house development and utilization of additives for cracker coking passivation.
• Development of oxygen barrier PET for beer packaging.
• Development of anti-pill polyester, elastic polyester, low melt polyester, low cost flame
retardant polyester, low antimony/antimony free polyester, and super micro denier
polyester staple fiber.
• Development of low cost catalyst, additives and spin finish for polyester.

17. Bibliography
Website Links
• http://economictimes.indiatimes.com/topic/Mukesh-Ambani
• http://timesofindia.indiatimes.com/topic/Mukesh-Ambani
• http://www.business-standard.
com/search?type=news&q=Mukesh+Ambani
• http://www.ril.com/html/aboutus/mukesh_ambani.html
• http://en.wikipedia.org/wiki/Mukesh_Ambani
• http://www.in.com/mukesh-ambani/profile-387.html
• http://www.ril.com/html/aboutus/research_development.html
• http://www.slideshare.net/prkworld/mukesh-ambani
Books
• Ambani Brothers – Rahul Singhal
• Ambani & Sons – Hamish McDonald

18. MBA, 2nd Sem, 2013-2015 Batch
iLEAD, Kolkata
West Bengal University of Technology