managing director of bharti group. - srm · pdf file•sunil bharti mittal, founder,...

• Sunil Bharti Mittal, founder, Chairman and Managing Director of Bharti Group.

• Labeled as the most ambitious telecom entrepreneur in India.

• A former student of Harvard Business School, graduated from Punjab University.

• Got together with his friend and formed a small bicycle business with borrowed capital in the1970s

• He had the visionary and determination to become such a prominent business figure.

• In 1980 he sold his bicycle parts and yarn factories and moved to mumbai.

• In 1982 he became the exclusive dealer for suzuki motor’s portable electric-power generator imported from Japan.

• He established the first company to manufacture push button telephones in India

one of the first Indian entrepreneurs to identify the mobile telecom business as a major business area.

launched services in the city of Delhi and the National Capital Region in the year 1995.

In July 2006, he attracted many key executives from Reliance ADAG, NIS Sparta and created Bharti Comtel

In November 2006, he struck a joint venture deal with wal -mart, the US retail giant, to start a number of retail stores across India

His entrepreneurial ability. His ability to think big and execute it

flawlessly.His ability to rope in big players with deep

pockets (like SingTel, Vodafone, Warburg Pincus & Siemens)

His vision and deep faith in himself

According to Sunil Mittal essentials to build a strong

place in competitive market…

Ability to take decisions amidst uncertaintiesReading customer mind and predicting the

future consumption trend.Keep your speed double to the change in

market.

Alignment of organizational objectives & employees’ aspirations.

Quickly respond to changes in macro environment.

Build a learning organization.

Retaining talent

Building a team by recruiting talent.

The ideal CEO is one who has:- the spirit of an entrepreneurship who sees opportunities ahead of competition,

and who is not afraid to challenge conventional

wisdom

Leadership traits of Sunil B. Mittal supported by his real life events.

TRAITS FACTS

IDEA GENERATER

Mittal came out with another idea of selling 'push button phone' in India which outdated bulky phones which were already in use

INITATOR He was the first mover in telecommunication sector India.

ANALYST He analyzed the trends and measured the right stuff according to the trend. He brought down the STD/ISD cellular rates under brand name 'Indiaone'.

CRISIS MANAGEMENT

He kept up the hopes of investors at times when economic crisis took place and times when telecommunications sector was facing its downhill.

COMPETENT NEGOIATOR

Bharti enterprises have tied-up with AXA group of France to form Bharti AXA group, joined with Del Monte to form Bharti Del Monte.

INNOVATIVE

He found that in a country like India cellular phone services sector can hit the bull when it is given in lower price. He wanted to develop a billon-customer base with providing cellular services prices at lower prices. So he developed an innovative business model in which outsourcing was given more importance and chosen IBM as its outsourcing partner.

VISION VISION of making Bharti group as the premium Indian conglomerate and expanding their business over the globe, Mittal is heading further. Bharti group is a rising sun in retail sector, after having tie-up with the retail giant Wal-Mart, which is the largest company in fortune 500 listing.

ENTREPRENEURIAL CHARACTER

He falls to the business entrepreneur group who strike both production and marketing resources to run his business

OPPORTUNITY SEEKER

He left Ludhiana, since he thought moving to metros like Bombay could fetch him good opportunities to shine in business

Flexibility and adaptability

Flexibility and adaptability in business which molded him into successful entrepreneur.

He is a pioneer, a dreamer, an achiever. Ranked 125th in the Forbes list, Sunil Bharti Mittal is not a man to rest on his laurels. Whenever the next big revolution is happening, he is there busy being a part of it.

He is calm, seldom ruffled and very down to earth.

He is a very confident and cool headed man too.

Best style of leadership is one which develops its people to the level they need not have leaders to guide them.

Empowered team is a need of every single task.

A leadership influence is measured in terms of achievements of goals.

Things never goes the same way ….

Complete delegation and decentralization can help to make smart business decision ,stay ahead and beat the odds.

Give your best to whatever you do

Have faith in yourselves.

Sunil Bharti Mittal

Good

Poor

Task oriented

Relationship oriented

WORDS FROM WORDS FROM RENOWNED PERSONS RENOWNED PERSONS FOR SUNIL B. MITTALFOR SUNIL B. MITTAL

Sunil Mittal will be richest Indian if Bharti gives a 30% QOQ type of growth(by Rahul Bajaj ).

Sunil Bharti Mittal is “Wireless wonder” (by Fortune magazine).

Sunil Bharti Mittal the “Man with the Midas touch”.

Types of Powers

Legitimate Power

Expert Power

Referent Power

LEVEL 5 EXECUTIVEBuilds enduring greatness through a paradoxical combinationof personal humility plus professional will.LEVEL 4 EFFECTIVE LEADERCatalyzes commitment to and vigorous pursuit of a clear and compelling vision; stimulates the group to high performance standards.

LEVEL 3 COMPETENT MANAGEROrganizes people and resources toward the effectiveand efficient pursuit of predetermined objectives.

LEVEL 2 CONTRIBUTING TEAM MEMBERContributes to the achievement of groupobjectives; works effectively with others in a group setting.

LEVEL 1 HIGHLY CAPABLE INDIVIDUALMakes productive contributions through talent, knowledge,skills, and good work habits.

Level 5 Leadership

ACHIEVMENTS

Conferred with the 'Global Vision' award by US-India Business Council, a business advocacy organization jointly formed by the United States and India.

Becomes First Entrepreneur from India to Join Elite Ranks of Babson’s Academy of Distinguished Entrepreneurs.

Chosen as one of the top entrepreneurs in the world for the year 2000.

IT Man of the Year Award 2002 from Dataquest and CEO Of the Year, 2002 Award (World HRD Congress).

Heads a succesful empire with a market capitalization of approximately $ 2 billion.

Bharti Foundation has funded over 50 schools in Madhya Pradesh.

Donated Rs 200 million to IIT Delhi for building a Bharti School of Technology and Management.

member of National Council of Confederation of Indian Industry (CII), Federation of Indian Chambers of Commerce & Industry (FICCI), Chairman, Indo-US Joint Business Council, Member, Advisory Committee constituted by ministry of IT