LEADERSHIP
PRESENTED BY : MANDAR PATEL
LEADERSHIP PHILOSOPHY LEADERS ARE NOT BORN, LEADERS ARE ALWAYS CREATED
LEADERS ARE ACCEPTED BY PEOPLE THEY LEAD
LEADERS LEAD WHEN OTHERS GIVE UP
LEADERS GENERATES THE LEADER AND THEN DELEGATES AUTHORITY
LEADERS TAKES CRITICISM OF HIS TEAM ON HIMSELF AND INSPIRE THE TEAM
LEADERS SEARCH FOR SOLUTION TO THE PROBLEM RATHER THAN FOCUSING ON REASON OF PROBLEM
There are 4 Basic Styles of Leadership available to the Leader:
DirectingCoachingSupportingDelegating
Leaders need to do what the people they supervise can't do for themselves at the present moment."
NEED OF LEADER ?
INTERNATIONALLY ACCLAIMED DIAGRAM
PICTORIAL REPRESENTATION OF LEADERSHIP STYLES
LEADERSHIP IDEOLOGY
DEMOCRATICAUTOCRATIC
LAISSEZ-FAIRE‘’LET IT BE’’PATERNALISTICEG : DHIRUBHAI AMBANI
DIRECTORS MANAGERS LEADERS
FOCUS ON ORGANISATION
FOCUS ON THINGS FOCUS ON PEOPLE
PRESCRIBE THE RIGHT THINGS
DO THINGS RIGHT(IF WRONGLY DONE)
DO THE RIGHT THINGS
FAR-SIGHTED DIRECTIVES PLAN INSPIRE
FORMULATES STRUCTURES & POLICIES
ORGANIZE INFLUENCE
PROVIDES VISION DIRECT MOTIVATE
FORMULATES CODE OF CONDUCT
FOLLOW THE RULES SHAPE ENTITIES
Leaders Concentrate On,
BE KNOWN and DO. BE A Professional.
KNOW The 4 Factors Of Leadership – KNOW Yourself. KNOW Human nature. KNOW Your Job. KNOW Your Organization. DO Provide Direction. DO Implement. DO Motivate
Leadership Framework
Principles OF Leadership
Know yourself and seek self-improvement.
Be Technically proficient.
Seek responsibility and take responsibility for your action
Make sound and timely decisions.Set the example.
Know your people and look out for their well-being
BARRIERS TO VISIONARY LEADERSHIP
- BY Frank Martinelli
LACK OF TIME MANAGEMENT
RESISTANCE TO RISK TAKING
LACK OF STRATEGIC PLANNING
COMPLEXITY
MICRO MANAGEMENT
CLINGING TO TRADITION
CONFUSED ROLES
PAST HABITS
Dhirajlal Hirachand Ambani
Born on December 28, 1932 in Chorwad,Gujarat.
Business sense came early as he sold‘Bhajjias’ to pilgrims on Mount Girnar during his childhood.
Went to Yemen to join his elder brother , worked at a gas station. Later promoted to as a distributor of Shell products.
Came to India, started the business of exporting spices.
Founded Reliance Commercial Corp. with cousin Champaklal Damani with initial capital of 15,000rs
A VILLAGER, A VISIONERY & A WINNER
An Opportunist
During 1950s-
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 trader sin London.
Entrepreneurships true sense lies in the fact that he always looks upon opportunity
A Visionary
Government of India introduced High Unit Value Scheme; hence Dhirubhai shifted his interests from spices to nylon fabrics.
When most Indian business houses depended on government owned financial institutions for funds, Dhirubhai raised capital from the public by offering shares of his companies.
‘’It does not require an invitation to make profits’’.
--By Dhirubhai Ambani
The Innovator
Dhirubhai Ambani is credited with starting the equity cult in India.
Backward Integration:
To strengthen his position in the textile sector,
Dhirubhai integrated backwards and produced fibers
The Solution Seeker :
Dhirubhai faced resistance from cloth merchants ;so he decided to open his own showroom named ‘’vimal’’The polyester prince announced the buy back scheme when the polyester which he produced started loosing its demand
Whenever a task seemed too big, to be accomplished, he would reply:
"No is no answer!“"It's difficult but not impossible!"
The Network Strategist :
Using his connections in Aden, he exported a wide range of commodities to Aden.
To Promote VIMAL:
Advertising program was launched , toured the entire country intensively offering franchises to shareholders.
Dhirubhai managed to create favorable centers in all the important areas among the bureaucrats, the ruling politicians, as well as the media.
Dhirubhai Believed That “Business Is Nothing But A Web Of Relationships And Obligations."
The People's Man :
Dhirubhai followed an ‘’open-door policy’’.Employees could walk into his cabin and discuss their problems with him.
He was always inviting people into sharing their thoughts and ideas, rather than shutting them out.
Always there for his team and brought around confidence in them. ‘Arm-around-the-shoulder’ - leader
This tendency that he had, to draw people towards him, manifested itself in countless ways.
People s did much more than their capacities since they had trust on him, and that they had him on their side.
The Helper
When things went wrong, he was the first person to sense that the circumstances would have been beyond his team's control, rather than it being a slip on their part.
His first instinct was always to join his men in putting out the fire and not crucifying them for it.
Dhirubhaism :
Never followed the textbook style of management , evolved a Unique style:
The American Style of entrepreneurship
With the Japanese Focus on Technology
And innate shrewdness of a Gujju businessman
A Perfect manager of Time , Money ,Men and Passion to find solution to problems.
Believed that business was not all about Ethics & Morality ,it was all about Expansion & Success (Teleology Theory)
DHIRUBHAI AMBANI’S IMPACT ON RELIANCES MANAGERIAL PRACTICES AND THEIR POSITIVE IMPACT ON BUSINESS
Dhirubhai Ambani was a transformational leader.
Through His innovative idea of converting the debentures of the company into equity shares , Reliance was able to convert its liabilities into assets by this masterstroke and the share prices of the company went up and all the investors could make through this process.
Though, the Government of the day was against this equity cult (Badla system) starter by Dhirubhai per say, but, over a period of time based on precedence in foreign companies, the statute book itself was modified to be in line with this innovative idea.
Consequently, the volumes of business in Reliance increased very fast along with quick multiplication of its share capital.
DHIRUBHAISM
PRINCIPLES
ROLL UP YOUR SLEEVES AND HELP
BE A SAFETY NET FOR YOUR TEAM
BE A SILENT BENEFACTOR
DREAM BIG BUT WITH YOUR EYES OPEN
THE ARM AROUND THE SHOULDER LEADER
SUPPLY CREATES DEMAND
MONEY IS NOT A PRODUCT BY ITSELF
BET ON YOUR PEOPLE
LEAVE THE PROFESSIONAL ALONE
CHANGE YOUR ORBIT CONSTANTLY
OPTIMISM,THE CORE OF DHIRUBHAISM
YOU CAN FIND A FRIEND IN EVERY HUMAN BEING
THINK BIG ,THINK FAST ,THINK AHEAD,IDEAS ARE NO ONE’S MONOPOLY
HOLD ON TO YOUR DREAMS
YOU DON’T NEED INVITATION TO MAKE PROFITS
Famous Motivational & Inspiring words of Dhirubhai Ambani:
´I am deaf to the word no´. Growth has no limit at Reliance. I keep revising my vision. Only when you dream it you can do it.´
Think big, think fast, think ahead. Ideas are no one’s monopoly´ Our dreams have to be bigger. Our ambitions higher. We bet on people : Our commitment deeper. And our efforts greater. This is my dream for Reliance and for India.´
Don’t give up , courage is my conviction.´ We cannot change our Rulers, but we can change the way they Rule Us.
ACHIEVEMENTS :
• Unlike other corporate houses who dominated over a period of time, Dhirubhai Ambani could achieve within a short period with a razor like sharpness and business acumen.
• Dhirubhai Ambani proved to be A King in his Diversification.
•RIL is now India's largest Private Sector with turnover over US$19.976 billion backed by a profit over US$2.03 billion.
•25% of share holders in India own a RIL Scrip.
• Fortune Global 500 featured RIL in 342nd rank in 2006. Forbes Global featured RIL at 295 spot in 2000.
Chemtech and Chemical Engg. World gave the" Man of the Century " award in Nov 2000 to Dhirubhai Ambani
Dhirubhai won the " Dean's Medal " of Wharton School, University of Pennsylvania in June 1998 for " Outstanding Leadership “
FICCI conferred the title " Man of 20th century " on D.A.in 2000
Times Of India in 2000 voted Dhirubhai Ambani as the greatest creator of wealth in the country
THANK YO
U TO
ALL
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