Business maharajas suresh dec2014

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Objective My learning from books … Business Maharajas True entrepreneurs' quality & ability to perform in worst condition. 3 common characteristics. 2 simple mgt rules. 2 key strategy of Reliance

Transcript of Business maharajas suresh dec2014

  1. 1. My learning from books Business Maharajas True entrepreneurs' quality & ability to perform in worst condition. 3 common characteristics. 2 simple mgt rules. 2 key strategy of Reliance
  2. 2. 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 Executives Digest. She coauthored Indias Industrialists and contributed to Business and politics in India: A Historical Perspective.
  3. 3. 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
  4. 4. Self Reliance( ) & Speed Size & Sales
  5. 5. Hire good people,treat them well & delegate responsibility When building factories try to set them up & running as quickly as possible
  6. 6. 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.
  7. 7. 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.
  8. 8. 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
  9. 9. Think big, think fast, think ahead. Ideas are no ones 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.