Akansha sharma fom ppt

Modi Institute of Management and

Technology

Topic : Management practices of Mr. Dhirajlal Hirachand Ambani

Presented by: Akansha Sharma MBA 1st Sem

Management Practices

Mr. Dhirajlal Hirachand

Ambani

•Mr. Dhirubhai Ambani was the founder of Reliance corporation.

•Born on December 28 1932 in Gujarat.

•At the age of 16 he moved to Yemen and start working in a trading company for a salary of rs. 300.

Life before Reliance

•In 1958 returned to Mumbai to start his own business in spices.

•In 1959 started Reliance commercial with a capital of rs. 15000 At Mumbai.

•He is credited with starting equity investing in India. More than 58000 investors from various parts of India subscribed to Reliance IPO in 1977.

The Golden Rules…

9 Management Lessons

by Mr. Dhirubhai Ambani.

1. Roll up your sleeves and help.

Sense of do it your self.

He never waited for infrastructure to be created to his operations, instead to waiting he goes out and builds it himself.

2. Be a safety net for your team.

He keeps on asking his employees if they need any help.

His knowledge and sense of care for his employees increased the confidence of employees to a new level.

3. The silent Benefactor

4.Dream big with your open eyes.

5. Leave the professionals alone.Let the professionals do the work- the simplest strategy.

6. Dhirubhai orbit theory.

Diversification of business.

7. The arm around the shoulder.

Dhirubhai’s very own signature style.

8. The dhirubhai’s theory of supply creating

demand.

9. Money is not a product by itself.

It is the by product, so don’t chase it.

Thank you….