By: Devang Doshi

PSY350: Mindful LeadershipFaculty: Dr. Persephone Brown

RATAN TATADHIRUBHAI AMBANI

VS

REVIEWING MINDFULNESS OF LEADERS

December 10, 2015

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About Dhirubhai Ambani• Son of a school teacher• Disliked school and chose to do physical

work instead• Worked as petrol pump (gas station)

attendant• Founded Reliance Industry in 1958• Diversified group and a fortune 500

company• Combined net worth of his sons Mukesh

and Anil Ambani is 24 billion USD

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About Ratan Tata• Great grandson of Tata group founder

Jamsedji Tata• Studied in Cornell and Harvard• Joined his family business in 1971 as

director-in-charge• Became chairman of Tata group in 1991• Under his stewardship TCS went public

and Tata Motors was listed in NYSE• Net worth 1billion USD• Awarded Padma Bhusan, one of the

highest civilian award in India

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Dhirubhai Ambani vs Ratan Tata RATAN TATADHIRUBHAI AMBANI VS

Most prominent business tycoons in India (20th and early 21st century)

Born on same date: Dec 28th

Two largest group of India Inc in terms of revenue and market valuations

Rags-to-riches Heir of a business tycoon

Auto-didacticism Cornell & Harvard Graduate

Diversified groups, part of Fortune 500

Money Making Charity

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Mindful Leadership

DHIRUBHAI AMBANI

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Rollup your sleeves and help• You and your team share the same DNA• Sense of do it yourself• He did not wait for infrastructure and

resource to be available, instead created for self

Mindful Leadership

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Be a safety net for your team• Employee quotes: “He always asked we

needed help in combating issues”• Employee quotes: “He gave us courage they

we never knew we had in us”

Mindful Leadership

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Dream big, but dream with your eyes open• His words: “dream with your eyes open”• Approach: “It’s difficult, but not impossible”• Employee quotes: Did not take no as an

answer• Believed that a vision has to be within reach,

not in the air. It has to be achievable

Mindful Leadership

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Leave the professional aloneHis words:• “Give (your people) the youth a proper

environment”• “Motivate them and extend them the

support they need”• “Each one of them has infinite source of

energy”• “They will deliver”

Mindful Leadership

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Change your orbit constantlyHis words:• “Growth has no limit at Reliance.”• “I keep revising my vision.”• “Only when you dream it you can do it.”

Mindful Leadership

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Arm-around-the-shoulder leader• His words: “Trust and transparency

stimulates entrepreneurship”• Employee quotes: “… that did much more

than words in letting me know that I belonged, that I had his trust, and that I had him on my side”

Mindful Leadership

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Mindful Leadership

RATAN TATA

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Mindful LeadershipVisionary• His vision: “One hundred years from now,

I expect the TATAs to be much bigger than it is now”

Strategist• Employee quotes: “He is a deep thinker

and extremely strategic. He is always 2-3 steps ahead.”

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Mindful LeadershipInitiator and Change Champion• Employee quotes: “Ratan was the chief

architect of the Corus deal. I was worried about the magnitude and the amount of money. But he instilled confidence”

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Mindful LeadershipRisk Taking and Determination• His words during a crisis: “If you put a

gun to my head, you pull the trigger or take the gun away. I won't move my head.”• Employee quotes: “While he doesn’t

look like, he is one the toughest people I have ever known.”

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Mindful LeadershipMan of Ethics• Quoted in press: “Tata has shown that

there is no other way he will do business other than do it ethically”

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Reference• http://www.diffen.com/difference/Dhirubhai_Ambani_vs_Ratan_Tata

• https://en.wikipedia.org/wiki/Dhirubhai_Ambani

• http://blog.himanshusheth.net/2007/08/19/15-dhirubhaisms-lessons-by-dhirubhai/

• http://www.slideshare.net/nishah21/management-lessons-from-dhirubhai-ambani-presentation-796294?related=1

• http://www.authorstream.com/Presentation/rajivkumar0006-1691581-ratan-tata-leader/

• http://www.slideshare.net/Akshay123Sikarwar/presentation-on-ratan-tata

• http://timesofindia.indiatimes.com/india/Ratan-Tatas-message-to-Bengal-Look-what-Modi-has-done/articleshow/39771488.cms

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QUESTIONS & COMMENTS?

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THANK YOU FOR YOUR TIME