Ambani, Bajaj, Birla, Goenka, Khaitan, the Shahs, and Tata, eight of India’s most powerful men, are a study in contrasts. Their businesses are distinct and varied. Some are highly educated, others are barely educated at all. Some inherited their empires, others are self-made. Some reached the top in their 30s, others did not even get started until their 50s.Instead of concentrating on strategy and strategic decisions, Piramal focuses on the personal experiences, aims, and visions of these important industrialists to expose how they think, how they conduct their businesses, and how they arrive at complex investment decisions involving billions of rupees. Ambani was the first Indian industrialist to appreciate ordinary investors and their needs.
3. To Share My understanding from books
…Business Maharajas. On Shri Dhirubhai
Ambani
4. True entrepreneurs' quality & ability to
perform in worst condition.
3 common characteristics.
2 simple mgt rules.
2 key strategy of Reliance
5. A journalist specializing in business history.
Wrote for leading Indian and international
publications - the Financial Times and the
Economic Times.
Consulting editor of the World Executive’s
Digest.
She coauthored India’s Industrialists and
contributed to Business and politics in
India: A Historical Perspective.
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11. High unit value scheme 1971 to 1978
1975 world bank team visits 24 mills
Only Reliance get the excellence
In scheme import filament yarn against
export nylon fabrics
60% export
12. R.T. I. paid up capital Rs 1.50.000
4 wrap –knitting machine, & small dyeing
section
Sales Rs.90m & profit Rs.1.3m in 1966
Work force 70
1977 profit Rs.43.3m & revenue Rs.700m
1966.fixed Assets Rs.2.80.000
1977.145m
1979.370m
14. Hire good people, treat them well &
delegate responsibility
When building factories try to set them up
& running as quickly as possible
15. They are highly focused & they posses a
high level of energy.
They totally committed to their ambition.
Once idea germinated in their mind they
won't give it up easily.
16. Dhirubhai Ambani was the most enterprising
Indian entrepreneur.
Dhiru Bhai Ambani built India's largest private
sector company. Created an equity cult in the
Indian capital market. Reliance is the first
Indian company to feature in Forbes 500 list
He is remembered as the one who rewrote
Indian corporate history and built a truly
global corporate group.
17. Contributions 1992 reliance become the first
company raised money from global market
Featured in Forbes 500 list by 132 rank
Award and Recognitions 1996,1998,2000 – Power-
50 the most powerful man in Asia by Asia week
Magazine 2000 Man of the Century by Chem tech
Foundation and Chemical Engineering World Man
of 20th Century by Federation of Indian Chamber
of Commerce and Industries 2001 Lifetime
achievement awards by The Economics Times
18. Think big, think fast, think ahead. Ideas are
no one’s monopoly.
Our dreams have to be bigger. Our
ambitions higher. Our commitment deeper.
And our efforts greater.
Meeting the deadlines is not good enough,
beating the deadlines is my expectation.
True entrepreneurship comes only from
risk-taking.
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20. Type Public
Traded as BSE: 500325,NSE: RELIANCE,LSE: RIGD
BSE SENSEX Constituent
CNX Nifty Constituent
Industry Conglomerate
Predecessors Reliance Commercial Corporation
Founded 1966
Founders Dhirubhai Ambani