Scribd
Upload
63 views

Think Big, Think Fast, Think Ahead. Ideas Are No One's Monopoly

Dhirubhai Ambani was an Indian business magnate who founded Reliance Industries. He was born in 1932 in Gujarat and started his career selling goods before getting a job in Aden where he learned business skills. He dreamed of starting his own refinery and later founded Reliance Industries in textiles. Under his leadership, Reliance grew to become one of the largest companies in India with interests in petroleum, petrochemicals, communications and textiles. He received numerous awards for his outstanding contributions and leadership.

Uploaded by

Jyoti Arya
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
63 views

Think Big, Think Fast, Think Ahead. Ideas Are No One's Monopoly

Dhirubhai Ambani was an Indian business magnate who founded Reliance Industries. He was born in 1932 in Gujarat and started his career selling goods before getting a job in Aden where he learned business skills. He dreamed of starting his own refinery and later founded Reliance Industries in textiles. Under his leadership, Reliance grew to become one of the largest companies in India with interests in petroleum, petrochemicals, communications and textiles. He received numerous awards for his outstanding contributions and leadership.

Uploaded by

Jyoti Arya
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 17

Think big, think fast, think ahead.

Ideas are no one's monopoly


 Dhirubhai Ambani alias Dhirajlal
Ambani
 Born on December 28, 1932 in
Chorwad, Gujarat. And Died on 6th
July 2002
 Father’s name: Hirachand Ambani (A
School teacher)
 Mother’s name: Jamnaben Ambani (A
house Wife)
"Secret of my success was to have ambition and know minds of men"
Got educated till 12th grade but due to lack of funds he
couldn’t study further

So Dhirubhai started to sell bhajiyas to pilgrimers off


mount Girnar

As his father was unwell and couldn't work any more he


told his son that you have to earn more than you are
earning now. Your brother(Ramnikbhai) has arranged Job
for you in Aden

“Pursue your goal, even in the face of difficulties. Convert difficulties into opportunities. Keep your morale high, in spite of setbacks. At the end you are
bound to succeed."
On reaching Aden, Dhirubhai joined office on the very day of his arrival. It
was a clerk's job with the A. Besse & Co., named after its French founder
Antonin Besse. Those days Aden was the second busiest trading and oil
bunkering port in the world after London handling over 6,300 ships a year.

The company in which Dhirubhai worked was engaged in almost every


branch of trading business - cargo booking, handling, shipping, forwarding,
and wholesale merchandising. Besse acted as trading agents for a large
number of European, American, African and Asian companies and dealt with
all sorts of goods ranging from sugar, spices, food grains and textiles to
office stationery, tools, machinery and petroleum products. Dhirubhai was
first sent to the commodities trading section of the firm. Later, he was
transferred to the section that handled petroleum products for the oil giant
Shell.
At Aden Dhirubhai learnt how to do business, accounts, bookkeeping , and
all other business skills

As the company he worked in built a new harbor for distribution of oil in


shell he was promoted to work their. And one fine day he dreamt of
HAVING A REFINERY OF HIS OWN

"I have trusted people and they have put their trust in me. I have encouraged youth, and they have never let me down. I have asked my people to take
initiative and to take risks. It has paid me rich dividends. I insist on excellence. This helps us to be leaders. Reliance is built on some of these principles."
Sensing a good opportunity in the textile business, Dhirubhai
Ambani, along with Amit Mehra, a Delhi-based chartered
accountant and company secretary residing in Ashok Vihar,
Delhi, started the first textile mill at Naroda, in Ahmedabad in
the year 1966. Textiles were manufactured using polyester fiber
yarn.

Dhirubhai started the brand "Vimal", which was named after his
elder brother Ramaniklal Ambani's son, Vimal Ambani. Extensive
marketing of the brand "Vimal" in the interiors of India made it
a household name. Franchise retail outlets were started and
they used to sell "only Vimal" brand of textiles.

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. Amit Mehra had played a
pivotal role in helping and supporting Dhirubhai in this success
I consider myself a pathfinder. I have been excavating the jungle and making the road for others to walk. I like to be the first in everything I do.
“Don't give up, courage is my
conviction”
 sense of ‘do it yourself’
 He does not wait for
infrastructure to be created to
support his operations. He goes
out and builds it himself; be it a
power plant for his
petrochemical enterprise or a
canal to bring water from large
distances for his cooling plant.
 There used to be a time when
our agency Mudra was the
target of some extremely
vicious propaganda by our
peers,
 knowledge that he knew and
cared for what his team was
going through, and that he was
there for Them if needed him,
worked wonders for confidence.
 When he helped
someone, he never ever
breathed a word about it
to anyone else
 "Expect the unexpected"
just might have been
coined for him.
"It's difficult but not
impossible!"

 Whenever a task seemed too big to be


accomplished, he would reply: " No is no
answer!" Not only did he dream big, he taught
all of us to do so too.
 his favorite phrase "dream with your eyes open"
 management techniques
of him is different
 the simplest strategies are
often the hardest to
adopt.
 “let professionals do the
work”
 This technique enforced
responsibility among his
team
"Produce your best."
 Dhirubhai's "orbit theory."
 This is no miracle.
 when you change orbits, you will
create friction. The good news is
that your enemies from your
previous orbit will never be able
to reach you in your new one. By
the time resentment builds up in
your new orbit, you should move
Changing orbits
to the next level. And so on.
is the key to
our progress as
a nation.
 It was Dhirubhai's very own
signature style
 Arm around the shoulder -
With that one simple
gesture, he managed to
achieve many things.
 This tendency that he had,
to draw people towards
him, manifested itself in
countless ways.
 He was not an MBA. Nor an
economist. But yet he took
traditional market theory and
stood it on its head. And
succeeded.
 when everyone in India would
build capacities only after a
careful study of market, he
went full steam ahead and
created giants of
manufacturing plants with
unbelievable capacities.
 He did not breathe a word
about profits, nor about
becoming the richest
 A by-product is something
that you don't set out to
produce. It is the spin off
when you create something
larger.
 October 2011 - Awarded posthumously the 'ABLF Global Asian Award' at the Asian
Business Leadership Forum Awards
 November 2000 – Conferred "Man Of The Century" award by Chemtech Foundation
and Chemical Engineering
 World in recognition of his outstanding contribution to the growth and development
of the chemical industry in India
 2000, 1998 and 1996 – Featured among "Power 50 - the most powerful people in
Asia" by Asia week magazine.
 June 1998 - "Dean's Medal" by The Wharton School, University of Pennsylvania, for
setting an outstanding example of leadership. Dhirubhai Ambani has the rare
distinction of being the first Indian to get Wharton School Dean's Medal
 August 2001 – Economic Times Awards for Corporate Excellence for Lifetime
Achievement.
 Dhirubhai Ambani was named the "Man of 20th Century" by the Federation of Indian
Chambers of Commerce and Industry (FICCI).
 A poll conducted by The Times of India in 2000 voted him "Greatest Creator of
Wealth In The Centuries".

You might also like