Dhirajlal

Hirachand
Ambani A successful corporate leader with extraordinary
Vision and leadership..

By –Apurva saxena
PG-23
 Dhirajlal Hirachand Ambani

born on December 28, 1932 in

Chorwad, Gujarat.
Dhirubhai started off as a small time
worker with Arab merchants in the
1950s
moved to Mumbai in 1958 to start
his own business in spices.
he moved into textiles and opened
his mill near Ahmedabad
 HIS FIRST STEP OF MAJOR INVESTMENTS

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 traders in London.

 STARTING UP HIS OWN COMPANY
In 1962, Dhirubhai returned to India
and started the Reliance
Commercial Corporation with a
capital of Rs.15,000.00.
The primary business of Reliance
Commercial Corporation was to
import polyester yarn and export
spices.

 FAITH HE PUT INTO PEOPLE

Dhirubhai Ambani is credited with starting equity

investing in India. More than 58,000 investors from
various parts of India subscribed to Reliance's IPO
in 1977.
Dhirubhai was able to convince people of rural
Gujarat that being shareholders of his company will
only bring returns to their investment.

Reliance Industries holds the distinction that it is the
only Pvt. Co. whose several annual general meetings
were held in stadiums.

 Some management lessons from
Dhirubhai Ambani

Roll up your sleeves and help.

sense of ‘do it yourself’
He never waited for infrastructure
to be created to support his
operations. He went out and
build it himself ; be it a power
plant for his petrochemical
enterprise or a canal to bring
water from large distances for
his cooling plant.

 Be a safety net for your team.

The knowledge that he had and the ideologies he built

up through his years of hard work and experience
helped his team a lot.

He not only motivated his employees but gave them
all the knowledge and protection he had and the
best part was that he used to relate himself with his
employees at all stages.
He taught such lessons to his managers as well to
safeguard and protect their respective team
members or subordinates..
 Dream big, but dream with your eyes open.

Whenever a task seemed too big

to be accomplished, he would
reply: " No is no answer!" Not
only did he dream big, he taught
every employee to do so ..
his favorite phrase "dream with
your eyes open" .
He failed many big management
thinkers and writers by his
actual application of such
inspirational ideologies.

 Leave the professional alone

He adopted many different

management theories. He
believed that the simplest
strategies are often the hardest to
adopt.
In his own words he used to say
“let professionals do their work”.
This technique enforced
responsibility among his team.

 Change your orbit, constantly

Dhirubhai's "orbit theory-:

when you change orbits, you will create friction. He
believed that your enemies from your previous orbit
will never be able to reach you in your new one.
So by the time resentment builds up in your new
orbit, you should move to the next level. And so on.

 Success

 Dhirubhai had a unique definition and

belief about Success.
 He always believed that -:
 Success in attaining that goal will eventually
ring in the cash. For instance, if you work
towards creating a name for yourself and
earning a good reputation, then money is
a logical outcome.
 People will pay for your product or service if
it is good
 Sounds too simplistic for belief? Well, look
around you and you will know exactly how
true it is.

 ACKNOWLEDGEMENT

I would like to thank KUONI ACADEMY to provide us

this opportunity to learn and understand very
important and key topics of not only travel and
tourism , but all aspects of management.
I would also like to thanks our teacher MR.Nitin
rohtagifor his support and technical guidance
during the class and in due course of my project.
THANK YOU