DHIRUBHAI AMBANI A SUCCESSFUL ENTREPRENEUR

Ambani was born on 28

th
December 1932 in Gujarat, British India. The rags to riches story
began when Ambani began his career in 1950s at a Yemeni firm. He had moved to Yemen at the
age of 16, after completing his matriculation. He came to Mumbai in 1958 to start his own
business. After some time he went into textiles and opened a mill in Naroda industrial area in
Ahmedabad. He established Reliance Industries in 1966. Today the company consists of more
than 85,000 employees and is the provider of approximately 5 percent of Indias Central
Governments total tax revenue. Ambani is credited for building Reliance from scratch to
become one of the biggest companies in the private sector. He diversified his business to include
petrochemicals, information technology, telecommunications, power, energy, capital markets,
infrastructure services, retail, logistics and textiles. He developed the brand Vimal; which is now
a household name in India.
Dhirubhai Ambani revolutionized capital markets in the country by appealing to millions of
retail investors to invest in the market which was previously controlled by financial
organizations. Those who invested in the company earned millions. Reliance Industries was a
stock market favorite. It was the first company in India that raised money in international
markets and the first to be listed in the Forbes 500 list. Ambani created this vast business empire
in only two decades. It was under his visionary management and guidance that the Reliance
Industries turned out to be the biggest conglomerate in Indian history. There is no other Indian
company that can match the growth rate of the Reliance Group. It is a living example of
Ambanis invincible willpower, perseverance and unrelenting dedication to his objectives.

TRANSFORMATIONAL LEADERSHIP STYLE OF DHIRUBHAI AMBANI
It is the perfect way of supporting leadership style of Mr. Dhirubhai Ambani leadership qualities
as this theory focuses on creating the higher levels of commitment and motivation among the
followers. Ambani concentrated in generating vision for Reliance industries and higher values
and ideals of followers. Mr. Dhirubhai Ambani succeeded in creating a feeling of justice, loyalty
and trust among the followers and loyal customers who believed him during the initial years of
his successful business journey. He was a perfect example for transformational leader as he
always transformed the fortunes of businesses in which he entered and succeeded. The trust and
loyalty feelings which he generated in his loyal customers helped him in achieving the desired
goals of Reliance industries and also he build the long lasting relationships with the political
governing bodies of India. The political aspects play an important role in any business processes
of any country. The companies need to have trusted and clean relationships with the political
parties for aisle free business operations which Mr. Ambani always had to run Reliance business
activities in India.

N.R NARAYANA MURTHY A SUCCESSFUL ENTREPRENEUR
N.R Narayana Murthy, is an Indian industrialist, software engineer and none of the seven
founders of Infosys Technologies, a global consulting and IT services company based in India.
He is currently the non-executive Chairman and Chief Mentor of Infosys. He was the CEO of the
company for 21 years, from 1981 to 2002. N.R Narayana Murthy took Infosys to great heights.
Infosys became the first company in India to make its place in the American stock exchange in
the year 1999.
He was born into a Kannada Madhva Brahmin family in Mysore, India on August 20, 1946. He
completed his graduation in electrical engineering from the National Institute of Engineering,
University of Mysore in 1967.He completed his masters degree from IIT Kanpur in 1969.He
worked at IIM Ahmedabad as chief system programmer on a time-sharing system and designed
and implemented a BASIC interpreter for ECIL(Electronics Corporation of India Limited).
After IIM Ahmedabad, he joined Patni Computer Systems in pune. Before moving to Mumbai,
he met his wife Sudha Murthy in pune. She was an engineer working at Tata Engineering and
Locomotive Co. Ltd. (Telco, now known as Tata Motors) in Pune. In 1981, he founded Infosys
with six other software professionals. He was the president of the National Association of
Software and Service Companies, (NASSCOM) India from 1992 to 1994. He is rated as the
Global Leader of 2009.


TRANSFORMATIONAL LEADERSHIP STYLE OF N.R NARAYANA MURTHY
Transformational leadership is a leadership when one or more persons engage with others in such
a way that leaders and followers raise one another to higher levels of motivation and morality.
Murthy believes that by providing superior infrastructure to their staff, they can get the best out
of their programmers. Murthy became the CEO of Infosys and served the company for 20 years.
He resigned from his post in the year 2006 to be succeeded by Nandan Nilekani who is a co-
founder of the company.
Narayana Murthy distributed the companys profits among the employees through a stock-option
program, and adopted the best corporate governance practices. All this earned him praise and
respect. In 1999, the company became the first Indian firm to be listed on the NASDAQ Stock
Market. In 2000, Infosys was poised to become a true global company.
Narayana Murthy is not one of those typical corporate bosses. He does not flaunt any costly
suits, flashy automobiles, throw star-studded parties or have a high-flying lifestyle. He is quiet,
unassuming, humble, soft-spoken and much like the elderly man living next door. But he is the
the most admired business leader of India among business schools across the country for the fifth
year in a row.
We have a rule in our company that at the age of 60, people relinquish their executive positions.
If the board of directors, in their meeting , decide that I should continue as non-executive
chairman for whatever term, I will be thrilled and privileged to continue in that capacity, he said
in his interview.
A man of few words and more of action, Murthy's name is synonymous with Infosys. He dared
to think big and differently and has succeeded where only a few have as a true mentor. The only
reason he is successful today because he dared to think different and had forsaken a promising
career to start an IT company. His strength was his courage, his decisiveness, his will to take a
decision quickly and face its consequences. An honest and passionate leader, Narayana Murthy
was a real communist in terms of sharing his wealth with his co-workers. It was Murthy's
business strategy to give employees stock options as a means of retaining talent. . It was a
gamble that has indeed paid in real terms and has indeed benchmarked Infosys in corporate
India.
Apart from being a chief of a company, Naryana Murthy is also admired for being a socially
responsible individual. This led to the birth of Infosys Foundation, a philanthropic arm of the
company in 1996. The foundation, run by his wife Sudha Naraya Murthy, is focussed on
supporting and encouraging the underprivileged sections of society.
A man who "prefers action any time", Murthy has constantly courted trouble with his strict
adherence to value systems which he never compromises on. Committed to cause of education,
Murthy rejects the idea of job reservation in private sector and feels that caste should not a
criterion for a job.
He once said, When, one day, you have made your mark on the world, remember that, in the
ultimate analysis, we are all mere temporary custodians of the wealth we generate, whether it be
financial, intellectual, or emotional. The best use of all your wealth is to share it with those less
fortunate.
CONCLUSION
With the emergence of new challenges in the corporate world the need of an effective leader
have increased. Leaders are given priority in the corporates so that the functional working in the
organization can be optimized to its fullest. Leaders are given training and development sessions
under which various organizational and team related aspects are covered. In todays world, it is
difficult to imagine an organization working smoothly without the support of effective leaders.
Leaders shows the pathway through which he team players can be motivated and strived to attain
the desired organizational goals. The presence of leaders are essential for the survival of the
corporates in the competitive world. Leaders not only stands for the employees of the
organization in respect to their operational working but also guides and supports them (with
appropriate level of nurturing) to face the upcoming global competitive challenges of the market.
Leaders are the true drivers of change in the corporate world. They bring change, implement
them and also maintain the culture through which the change will be consumed in a positive
sense by the employees of the organization. There are many qualitative aspects been determined
and formulated by the experts all over the world through which the effectiveness and the
efficiency level of the leaders can be enhanced. Many Business Leaders (In India and whole
world across) have set exemplary example of practicing the best of leadership practices in the
corporate world. Globalization have open the gateways of open communication and discussion
over the issue of enhancement of Leadership Perspectives in the organization.
With challenges all around, the need of effective leaders have increased considerably in the
corporates and only good leaders will sustain in this competitive environment for a longer
duration of time and for this effective discussions are needed on a worldwide platform.