LEADERSHIP

PRESENTED BY : MANDAR PATEL

LEADERSHIP PHILOSOPHY LEADERS ARE NOT BORN, LEADERS ARE ALWAYS CREATED

LEADERS ARE ACCEPTED BY PEOPLE THEY LEAD

LEADERS LEAD WHEN OTHERS GIVE UP

LEADERS GENERATES THE LEADER AND THEN DELEGATES AUTHORITY

LEADERS TAKES CRITICISM OF HIS TEAM ON HIMSELF AND INSPIRE THE TEAM

LEADERS SEARCH FOR SOLUTION TO THE PROBLEM RATHER THAN FOCUSING ON REASON OF PROBLEM

There are 4 Basic Styles of Leadership available to the Leader:

DirectingCoachingSupportingDelegating

Leaders need to do what the people they supervise can't do for themselves at the present moment."

NEED OF LEADER ?

INTERNATIONALLY ACCLAIMED DIAGRAM

PICTORIAL REPRESENTATION OF LEADERSHIP STYLES

LEADERSHIP IDEOLOGY

DEMOCRATICAUTOCRATIC

LAISSEZ-FAIRE‘’LET IT BE’’PATERNALISTICEG : DHIRUBHAI AMBANI

DIRECTORS MANAGERS LEADERS

FOCUS ON ORGANISATION

FOCUS ON THINGS FOCUS ON PEOPLE

PRESCRIBE THE RIGHT THINGS

DO THINGS RIGHT(IF WRONGLY DONE)

DO THE RIGHT THINGS

FAR-SIGHTED DIRECTIVES PLAN INSPIRE

FORMULATES STRUCTURES & POLICIES

ORGANIZE INFLUENCE

PROVIDES VISION DIRECT MOTIVATE

FORMULATES CODE OF CONDUCT

FOLLOW THE RULES SHAPE ENTITIES

Leaders Concentrate On,

BE KNOWN and DO. BE A Professional.

KNOW  The 4 Factors Of Leadership – KNOW  Yourself. KNOW  Human nature. KNOW  Your Job. KNOW  Your Organization. DO Provide Direction. DO Implement. DO Motivate

Leadership Framework

Principles OF Leadership

Know yourself and seek self-improvement.

Be Technically proficient.

Seek responsibility and take responsibility for your action

Make sound and timely decisions.Set the example.

Know your people and look out for their well-being

BARRIERS TO VISIONARY LEADERSHIP

- BY Frank Martinelli

LACK OF TIME MANAGEMENT

RESISTANCE TO RISK TAKING

LACK OF STRATEGIC PLANNING

COMPLEXITY

MICRO MANAGEMENT

CLINGING TO TRADITION

CONFUSED ROLES

PAST HABITS

Dhirajlal Hirachand Ambani

Born on December 28, 1932 in Chorwad,Gujarat.

Business sense came early as he sold‘Bhajjias’ to pilgrims on Mount Girnar during his childhood.

Went to Yemen to join his elder brother , worked at a gas station. Later promoted to as a distributor of Shell products.

Came to India, started the business of exporting spices.

Founded Reliance Commercial Corp. with cousin Champaklal Damani with initial capital of 15,000rs

A VILLAGER, A VISIONERY & A WINNER

An Opportunist

During 1950s-

In the 1950s, the Yemini administration realized that their main unit of currency, the Rial, was disappearing fast.

It was found that a young man in his twenties was placing unlimited buy orders for Yemini Rials.

Rials, pure silver coins and was in much demand at the London Bullion Exchange. Young Dhirubhai bought the Rials, melted them into pure silver and sold it to the bullion trader sin London.

Entrepreneurships true sense lies in the fact that he always looks upon opportunity

A Visionary

Government of India introduced High Unit Value Scheme; hence Dhirubhai shifted his interests from spices to nylon fabrics.

When most Indian business houses depended on government owned financial institutions for funds, Dhirubhai raised capital from the public by offering shares of his companies.

‘’It does not require an invitation to make profits’’.

--By Dhirubhai Ambani

The Innovator

Dhirubhai Ambani is credited with starting the equity cult in India.

Backward Integration:

To strengthen his position in the textile sector,

Dhirubhai integrated backwards and produced fibers

The Solution Seeker :

Dhirubhai faced resistance from cloth merchants ;so he decided to open his own showroom named ‘’vimal’’The polyester prince announced the buy back scheme when the polyester which he produced started loosing its demand

Whenever a task seemed too big, to be accomplished, he would reply:

"No is no answer!“"It's difficult but not impossible!"

The Network Strategist :

Using his connections in Aden, he exported a wide range of commodities to Aden.

To Promote VIMAL:

Advertising program was launched , toured the entire country intensively offering franchises to shareholders.

Dhirubhai managed to create favorable centers in all the important areas among the bureaucrats, the ruling politicians, as well as the media.

Dhirubhai Believed That “Business Is Nothing But A Web Of Relationships And Obligations."

The People's Man :

Dhirubhai followed an ‘’open-door policy’’.Employees could walk into his cabin and discuss their problems with him.

He was always inviting people into sharing their thoughts and ideas, rather than shutting them out.

Always there for his team and brought around confidence in them. ‘Arm-around-the-shoulder’ - leader

This tendency that he had, to draw people towards him, manifested itself in countless ways.

People s did much more than their capacities since they had trust on him, and that they had him on their side.

The Helper

When things went wrong, he was the first person to sense that the circumstances would have been beyond his team's control, rather than it being a slip on their part.

His first instinct was always to join his men in putting out the fire and not crucifying them for it.

Dhirubhaism :

Never followed the textbook style of management , evolved a Unique style:

The American Style of entrepreneurship

With the Japanese Focus on Technology

And innate shrewdness of a Gujju businessman

A Perfect manager of Time , Money ,Men and Passion to find solution to problems.

Believed that business was not all about Ethics & Morality ,it was all about Expansion & Success (Teleology Theory)

DHIRUBHAI AMBANI’S IMPACT ON RELIANCES MANAGERIAL PRACTICES AND THEIR POSITIVE IMPACT ON BUSINESS

Dhirubhai Ambani was a transformational leader.

Through His innovative idea of converting the debentures of the company into equity shares , Reliance was able to convert its liabilities into assets by this masterstroke and the share prices of the company went up and all the investors could make through this process.

Though, the Government of the day was against this equity cult (Badla system) starter by Dhirubhai per say, but, over a period of time based on precedence in foreign companies, the statute book itself was modified to be in line with this innovative idea.

Consequently, the volumes of business in Reliance increased very fast along with quick multiplication of its share capital.

DHIRUBHAISM

PRINCIPLES

ROLL UP YOUR SLEEVES AND HELP

BE A SAFETY NET FOR YOUR TEAM

BE A SILENT BENEFACTOR

DREAM BIG BUT WITH YOUR EYES OPEN

THE ARM AROUND THE SHOULDER LEADER

SUPPLY CREATES DEMAND

MONEY IS NOT A PRODUCT BY ITSELF

BET ON YOUR PEOPLE

LEAVE THE PROFESSIONAL ALONE

CHANGE YOUR ORBIT CONSTANTLY

OPTIMISM,THE CORE OF DHIRUBHAISM

YOU CAN FIND A FRIEND IN EVERY HUMAN BEING

THINK BIG ,THINK FAST ,THINK AHEAD,IDEAS ARE NO ONE’S MONOPOLY

HOLD ON TO YOUR DREAMS

YOU DON’T NEED INVITATION TO MAKE PROFITS

Famous Motivational & Inspiring words of Dhirubhai Ambani:

´I am deaf to the word no´. Growth has no limit at Reliance. I keep revising my vision. Only when you dream it you can do it.´

Think big, think fast, think ahead. Ideas are no one’s monopoly´ Our dreams have to be bigger. Our ambitions higher. We bet on people : Our commitment deeper. And our efforts greater. This is my dream for Reliance and for India.´

Don’t give up , courage is my conviction.´ We cannot change our Rulers, but we can change the way they Rule Us.

ACHIEVEMENTS :

• Unlike other corporate houses who dominated over a period of time, Dhirubhai Ambani could achieve within a short period with a razor like sharpness and business acumen.

• Dhirubhai Ambani proved to be A King in his Diversification.

•RIL is now India's largest Private Sector with turnover over US$19.976 billion backed by a profit over US$2.03 billion.

•25% of share holders in India own a RIL Scrip.

• Fortune Global 500 featured RIL in 342nd rank in 2006. Forbes Global featured RIL at 295 spot in 2000.

Chemtech and Chemical Engg. World gave the" Man of the Century " award in Nov 2000 to Dhirubhai Ambani

Dhirubhai won the " Dean's Medal " of Wharton School, University of Pennsylvania in June 1998 for " Outstanding Leadership “

FICCI conferred the title " Man of 20th century " on D.A.in 2000

Times Of India in 2000 voted Dhirubhai Ambani as the greatest creator of wealth in the country

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