story of dhirubhai ambani
TRANSCRIPT
QUOTES BY AMBANI
• “Think big, think fast think ahead. Ideas are no one’s monopoly”
• “You do not require any invitation to make profit”
• “Meeting the deadlines is not good enough, beating the deadline is my expectation”
• “We bet on people”• “We cannot change the rulers , but
we can change the way they rule us”
BIRTH & CHILDHOOD
BIRTH
• D.O.B : 28th December 1932
• Place of birth : Chorwad at Gujarat.
• Parents : Hirachand Ambani &
Jamnaben.
CHILDHOOD
• Intelligent.
• Demanding and difficult to placate.
• Possesed extreme energy.
• Vigorous
EDUCATION
• After he completed his primary education, at the village school, he was sent to junagarhdistrict for further studies.
• He was popular in is school for his brilliance and hard work.
• He was elected as the general secretary of the junagarh student union.
LIFE IN ADEN
• At the age of 16, on the request of his father he had to move to Aden, Yemen to support his family.
• His first salary was 300 Rs. as a dispatch clerk at A. Besse & co.
• He learnt many ways of commodity training.
BUSINESS JOURNEY
• 1958 : Returned to mumbai from Aden, to start his own business.
• 1959: Started RELIANCE corporation .
• 1966 : Set up of a spinning mill near Naroda.
capital floating worth 15 lacs.
• 1977: Reliance textile industries issued 2.3
million shares in land mark public issues.
• 1983 : Reliance sales increased but profit
declined.
• 1988 :Reliance petroleum raises 1,300 crores
from two million applicants.
• 2000: World’s largest refinery complex was
commissioned at Jamnagar worth 25,000
crores.
SOCIAL INITIATIVES
• (DA-IICT) Dhirubhai Ambani Institute of Information and Communication Technology
- Established by the Dhirubhai Ambani
Foundation(DAF) at Gandhinagar, Gujarat.
• The DAF has joint the management of Sir. Hurkisandas Nurottumdas Hospital and Research Centre.
-DAF converted this hospital into a patient –focus
and not for profit.
Motivator & Person Of His Words.
All his team members were uneducated except for an engineer and two matriculates.
Decided to manufacture nylon.
Devaluation by the govt. raised the project cost.
Faced problems locating experienced or trained textile mill workers.
Inspite of all this he started the production on the morning of the target date, 1st sep 1966.
9 GREAT MANAGEMENT LESSONS
FROM DHIRUBHAI AMBANI
DHIRUBHAISM NO 1 :- Roll Up Your Sleeves &
Help.
DHIRUBHAISM NO 2 :- Be A Safety Net For Your Team.
DHIRUBHAISM NO 3 :- The Silent Benefactor.
DHIRUBHAISM NO 4 :- Dream Big, But Dream
With Your Eyes Open.
DHIRUBHAISM NO 5 :- Leave The Professional
Alone.
DHIRUBHAISM NO 6 :- Change Your Orbit
Constantly.
DHIRUBHAISM NO 7 :- The Arm-Around-The-
Shoulder Leader.
DHIRUBHAISM N0 8 :- Theory Of Supply
Creating Demand.
DHIRUBHAISM N0 9:- Money Is Not A Product
By Itself & A By-product,
So Don’t Chase It.