Management lessons from a Tycoon- DhirubhaiAmbani<br />Place photo here<br />“Think big, think fast, think ahead. Ideas ar...
Dhirubhai`s childhood<br />Born on 28 December 1932 at Kukaswada near Chorwad, Junagadh district to HirachandGordhandhasAm...
Rags to riches<br />Life in Aden (1949-1958)<br />     He joined as a clerk  with the A. Besse & Co.Those days Aden was th...
Contd...<br />     Their partnership ended soon.Dhirubhai was a known risk taker and he believed in building inventories, ...
Contd...<br />Initial public offering<br />DhirubhaiAmbani is awarded with starting the equity cult in India. More than 58...
Lessons from a master: Dhirubhaisms“Small men like me don't inspire big words!" <br />Dhirubhaism 1: Roll up your sleeves ...
Dhirubhaism 2: Be a safety net for your team<br />
Dhirubhaism 3: The silent benefactor<br />
Dhirubhaism4 : Dream big, but dream with your eyes open. <br />
Dhirubhaism 5: Leave the professional alone! <br />
Dhirubhaism 6: Change your orbit, constantly!<br />
Dhirubhaism 7: The arm-around-the-shoulder leader<br />
Dhirubhaism 8: The Dhirubhai theory of Supply creating Demand<br />
Dhirubhaism 9: Money is not a product by itself, it is a by-product, so don't chase it <br />
Thank You<br />
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Management lessons from a tycoon dhirubhai ambani

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Management lessons from Dhirubhai as was given in a distilled form by A.G. Krishnamurty, founder of the ad agency "Mudra".

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Management lessons from a tycoon dhirubhai ambani

  1. 1. Management lessons from a Tycoon- DhirubhaiAmbani<br />Place photo here<br />“Think big, think fast, think ahead. Ideas are no one`s monopoly”<br />Lenin Meitei Thingujam<br />PGDM-Finance<br />2010-2012<br />
  2. 2. Dhirubhai`s childhood<br />Born on 28 December 1932 at Kukaswada near Chorwad, Junagadh district to HirachandGordhandhasAmbani and Jamnaben.<br />Father was a school teacher.<br />As a student he didn`t like the grind of academics.<br /> Once he angrily told his mother, "Why do you keep screaming for money? I will make heaps of money one day”.<br />During weekends, he began setting up potato fries stall at village fairs and made extra money which he gave to his mother.<br />
  3. 3. Rags to riches<br />Life in Aden (1949-1958)<br /> He joined as a clerk with the A. Besse & Co.Those days Aden was the second busiest trading and oil bunkering port in the world after London handling over 6,300 ships and 1,500 dhows a year.<br /> He learnt the ways of commodity trading, high seas purchase and sales, marketing and distribution, currency trading, and money management<br />Majin Commercial Corporation<br />DhirubhaiAmbani returned to India and started "Majin" in partnership with ChampaklalDamani, his second cousin, who used to be with him in Aden, Yemen. Majin was to import polyester yarn and export spices to Yemen.<br />
  4. 4. Contd...<br /> Their partnership ended soon.Dhirubhai was a known risk taker and he believed in building inventories, anticipating a price rise, and making profits. In 1968, he moved to an upmarket apartment at Altamount Road in South Mumbai. Ambani's net worth was estimated at about Rs.10 lakh by late 1970s.<br />Reliance Textiles<br /> In the year 1966,the brand "Vimal“ was started. In the year 1975, a Technical team from the World Bank visited the Reliance Textiles' Manufacturing unit. This unit has the rare distinction of being certified as "excellent even by developed country standards" during that period.<br />
  5. 5. Contd...<br />Initial public offering<br />DhirubhaiAmbani is awarded with starting the equity cult in India. More than 58,000 investors from various parts of India subscribed to Reliance's IPO in 1977. <br /> Reliance Industries was the first private sector company whose Annual General Meetings were held in stadiums. Ambani's net worth was estimated at about Rs.1 billion by early 1980s.<br />Diversification<br /> It has presence in various sectors like petrochemicals, textiles and is involved in the production of crude oil and gas, to polyester and polymer products. The company further diversified into Telecom, Insurance and Internet Businesses, the Power Sector and so on.<br />
  6. 6. Lessons from a master: Dhirubhaisms“Small men like me don't inspire big words!" <br />Dhirubhaism 1: Roll up your sleeves and help<br />
  7. 7. Dhirubhaism 2: Be a safety net for your team<br />
  8. 8. Dhirubhaism 3: The silent benefactor<br />
  9. 9. Dhirubhaism4 : Dream big, but dream with your eyes open. <br />
  10. 10. Dhirubhaism 5: Leave the professional alone! <br />
  11. 11. Dhirubhaism 6: Change your orbit, constantly!<br />
  12. 12. Dhirubhaism 7: The arm-around-the-shoulder leader<br />
  13. 13. Dhirubhaism 8: The Dhirubhai theory of Supply creating Demand<br />
  14. 14. Dhirubhaism 9: Money is not a product by itself, it is a by-product, so don't chase it <br />
  15. 15. Thank You<br />

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