4. INDIA’S TOP BUSINESS TYCOON
DHIRAJLAL HIRACHAND AMBANI
(DHIRUBHAI)
DATE OF BIRTH : 28 DECEMBER 1932
BIRTH PLACE : CHORVAD, JUNAGADH STATE, GUJARAT, INDIA
NATIONALITY : INDIAN
ETHNICITY : GUJARATI
OCCUPATION : FOUNDER OF RELIANCE INDUSTRIES
DATE OF DIED : 6 JULY 2002
AGE : 69 YEARS
CAUSE OF DEATH : STROKE
AWARDS : PADMA VIBHUSHAN (2016)
RELIGION : HINDUISM
NET WORTH : $ 2.90 Billion (according to “Forbes Magazine” in 2002 and world 138th richest
person that time)
5. EDUCATION
• After he completed his primary education, at the village school, he
was sent to the Junagarh Dist. for further studies.
• Quite popular in his school and well- known for his brilliance and
hard-work.
• Elected general secretary of the Junagarh Students Union.
6. LIFE IN ADEN
• After his annual matriculation examination, on the request of his father
he had to move to Aden, Yemen to support his family.
• Aged 16 yrs.
• Started worked with A. Besse & Co. as a dispatch clerk for a salary of
Rs.300, immediately on reaching Aden.
• A. Besse & Co.-- largest transcontinental trading firm east of Suez,
engaged in almost every branch of trading business-cargo booking,
handling, shipping, forwarding, and wholesale merchandising.
• Dhirubhai -first sent to the commodities trading section & later,
transferred to the section that handled petroleum products for the oil
giant Shell.
• quick on the uptake; learnt the ways of commodity trading.
7. EARLY YEARS IN
BOMBAY
• Enters into partnership with cousin Champaklal
Damani in 1962 for
yarn and spices business with a capital of Rs.15,000.
• Ends partnership in 1965 due to conflicts of decisions.
• Starts sole proprietorship concern.
•Established Relience Industries in 1966
8. MISSION
• Create value for all stakeholders
• Grow through innovation
• Lead in good governance practices
• Use sustainability to drive product development
• Enhance operational efficiencies
• Ensure energy security of the nation
• Foster rural prosperity
9. VISION
• Create value for the nation
• Enhance quality of life across the entire socioeconomic spectrum
• Help INDIA to become a new global leader
10. AS A LEADER
• Dhirubhai Ambani has voyaged through a journey of rags to riches.
• Dhirubhai has always shown all the critical leadership qualities.
• He would always grab an opportunity and strike on it.
12. SOWT ANALYSIS
At the beginning we discuss about his Strength on Business
activities :
Experienced Management Team
Vertical Integration
Backward Integration
Good Financial Position
Brand Equity
13. SOWT ANALYSIS
Secondly we discuss about his Weakness on Business
Activities :
Absence at Prime Locations
Limited Multi-Format Presence
Loses due to joint ventures
Less use of IT
14. SOWT ANALYSIS
Now we discuss about Opportunities on his Business
Activities :
Increasing buying power of Indian consumers
Many Untapped Markets in India
Monopolistic market system
15. SOWT ANALYSIS
At last we discuss about Threats on his Business
Activities :
Less skilled manpower
Increase in the operating costs
Time consuming
Low price competition
16. MANAGEMENT LESSONS
FROM
DHIRUBHAI AMBANI
1: Roll up your sleeves and help.
2: Be a safety net for your team.
3: The silent benefactor.
4: Dream big, but dream with your eyes open.
5: Leave the professional alone !
6: Change your orbit, constantly !
7. The arm-around-the-shoulder leader
8. The Dhirubhai theory of Supply creating Demand
9. Money is not a product by itself, it is a by-product,
17. ENTREPRENEURSHIP
QUALITIES
OF
DHIRUBHAI AMBANI• Hard Work • Innovation
• Presence of mind • Desire for High
Achievement
• Team builder • Highly Optimistic
• Analytical mind • Charismatic Leader
• Goal setting power • Independence
• Self confidence • Foresight
• Keen observation
18. WORK FOR THE SOCIETY
Educational Initiatives
• Dhirubhai Ambani Institute of
Information and Communication Technology -
established by The Dhirubhai Ambani Foundation
(DAF) at Gandhinagar in Gujarat.
Community Development
The DAF has joined the management of Sir
Hurkisondas Nurottumdas Hospital and Research
Centre (HNH&RC)
Dhirubhai Ambani Hospital, Lodhivali, District Raigad.
19. AWARDS AND
RECOGNITION
January 2016 - Awarded Padma Vibhushan
October 2011- Awarded posthumously the ABLF Global Asian Award
August 2001 – Economic Times Awards for Corporate Excellence for Lifetime
Achievement.
November 2000 – Conferred 'Man of the Century' award by
Chemtech Foundation
2000, 1998 and 1996 – Featured among 'Power 50 - the most
powerful people in Asia by Asiaweek magazine.
“Man of 20th Century” by the Federation of Indian Chambers of Commerce
and Industry (FICCI).
A poll conducted by The Times of India in 2000 voted Him "Greatest
Creator of Wealth In The Centuries".
20. QUOTES OF DHIRUBHAI
AMBANI
"I am deaf to the word "no".
"Think big, think fast, think ahead. Ideas are no one's
monopoly"
"You do not require an invitation to make profits."
"Meeting the deadlines is not good enough, beating the
deadlines is my expectation."