DHIRUBHAI AMBANI RELIANCE

CONTENT
Background Early life Big Five Model Personality Type Managerial Grid MBTI Criticism Achievements Conclusion

BACKGROUND
Dhirajlal Hirachand Ambani (28 December 1932 6 July 2002) Think big, Think fast, Think ahead. Ideas are no ones monopoly. Founder of Reliance- 1958 Among the select Forbes Billionaires Rags to Riches

Life in a Nutshell
Gujarati Family. Impatient of oppressive grinding mill of school classroom. Small time worker with Arab merchants in the 1950s.

Life in a Nutshell
Moved to Mumbai in 1958 and opened his mill near Ahmedabad. Found Reliance Industries in 1958. Started "Majin" in partnership with Champaklal Damani.

Life in a Nutshell
He along with Amit Mehra,a Delhi based CA and CS started the 1st textile mill at Naroda, in Ahmedabad in 1966.

Textiles were manufactured using polyester fibre yarn. Today- over 85,000 employees, provides almost 5% of the Central Government's total tax revenue.

Life in a Nutshell
Suffering a heart attack in 1986, he handed over Reliance Group to his sons. After his death in 2002, Mukesh headed Reliance Industries. Reliance Anil Dhirubhai Ambani Group (Reliance ADAG) was led by Anil Ambani.

Big Five Model

Extroversion
Extraversion is "the act, state, or habit of being predominantly concerned with and obtaining gratification from what is outside the self.

Big Five Model

Agreeableness
Agreeableness is a tendency to be pleasant and accommodating in social situations

Big Five Model

Conscientiousness
C

Conscientiousness is the trait of being painstaking and careful, or the quality of acting according to the dictates of one's conscience.

Big Five Model

Openness to experience
Openness to experience is one of five major domains of personality discovered by psychologists

Big Five Model

Emotional Stability
Emotional Instability is a tendency to experience unpleasant emotions easily, such as anger, anxiety, depression, or vulnerability

PERSONALITY ATTRIBUTES INFLUENCING ORGANISATIONAL BEHAVIOUR

PERSONALITY ATTRIBUTES
Locus of control Machiavellism Self Esteem Self Monitoring Risk Taking Personality Type A or B

LOCUS OF CONTROL
The extent to which an individual believes he is in control of his own fate.
Dhirubhai had -an internal locus of control -Controlled behaviour -Influential -Believed in working hard and making his own life

MACHIAVELLISM
The degree to which a person is pragmatic, maintains emotional distance and believes that ends can justify means.

SELF - ESTEEM
It is the extent to which a person has a liking or a dis-liking for self. Dhirubhai had. -High self-esteem -Confident of his decisions -Achievement oriented -Focused on achieving his goals

SELF - MONITORING
This personality trait measures an individuals ability to adjust himself according to the external environment Dhirubhai was highly self monitoring He was in good control of his emotions and his behaviour

RISK - TAKING
It refers to a persons willingness to take risks It also refers to the ability of decision making, whether the person needs help to make decisions or not Dhirubhai Ambani was a born risk-taker . E.g.: He risked venturing into textiles after parting with Champaklal Damani

PERSONALITY TYPE
Dhirubhai was a type A personality.
Struggle to achieve more and more in less time Never allowed himself any leisure time A multi-tasker and an opportunist

Managerial Grid

Myers-Briggs Personality Type Indicator

Dhirubhai Ambani was a mixture of ESTP and ENFP personalities.

ESTP REALISTIC MANAGER

Gets Things Done

ENFP
OPPORTUNISTIC LEADER
Discovers Possibilities

He had the following traits

1. 2. 3. 4. 5. He was full of zest to all aspects of his life. He was action-oriented, pragmatic and realistic. He worked tirelessly towards achieving his goals. Found the most efficient business. Thought about ideas that could benefit the people. 6. Direct with his comments. 7. Quick to pounce on an opportunity

Criticism
Tussle with Nusli Wadia
The Indian Express Articles Dhirubhai and V. P. Singh

Achievements
The Economic Times - Lifetime Achievement Award (10th August 2001)
TNS-Mode Survey - India's Most Admired CEO (26th July 1999) Chemtech Foundation - Man of the Century Award (8th November 2000) FICCI - Indian Entrepreneur of the 20th Century Award (24th March 2000)

Achievements
Asia Week - Dhirubhai among Asia's 50 most powerful people 29th May 1998 26th May 2000 The Times of India - Dhirubhai Ambani voted "Creator of Wealth" of the Century(8th January 2000) Business Baron - Dhirubhai Ambani voted "Indian Businessman of the Century(6th December 1999)

Achievements
Dhirubhai Ambani in Asia Week Hall of Fame(16th October 1998) Wharton's Dean Medal for Dhirubhai Ambani(15th June 1998) Business Week - Dhirubhai Ambani one of "The Stars of Asia" (29th June 1998) Business India - Dhirubhai Ambani, Businessman of the Year 1993 (31 November 1999)

Conclusion