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“THINK BIG

THINK FAST
THINK AHEAD
IDEAS ARE NO ONE’S
MONOPOLY.”
DHIRUBHAI HIRACHAND AMBANI
arguably India’s most enterprising entrepreneur.
HE ROSE FROM HUMBLE
BEGINNINGS TO
FOUND
INDIA’S LARGEST
EMPIRE, AND IN THE
PROCESS, BECAME ONE
OF THE WORLD’S
RICHEST MAN.
THE STORY BEHIND THE SUCCESS OF
RELIANCE GROUP.

“The Secret of my success was to


have ambition and know the minds
of men.”
early life.
• Born as the third child of Hirachand Govardhandas Ambani
and Jamanaben in a small village called Chorwad in western
Gujarat on 28th December 1932.

• Influenced by a clear contrast between the personalities of his


mother and father.

• Childhood & Education.

• Entrepreneurial skills from the teen age.


life at Aden.
• Worked as a clerk in A.Besse & Co, a French company in Aden.

• Exposed to managerial functions and started trading in the


local markets of Aden.

• Marriage with Kokilaben in 1954. Mukesh was born in 1957


and in 1958 Dhirubhai returns to Mumbai and forms the
RELIANCE COMMERCIAL CORPORATION.
task design, diversification and
expansion.
• Beginning with a small office, started trading in spices, sugar,
jaggery and betel nuts.

• Diversification and job specialization.

• The lucrative yarn business. Set up textile mill in Naroda in


1966 and went public in 1977. Becomes the “Polyester
Prince”.

• Organizational design and succession plan.


organizational differentiation and the split
between Ambani brothers.
• Where did he go wrong ?

• Inherent competition between the two brothers.

• Importance of organizational differentiation.

• How should power be divided and competence be


channelized ?

• Succession plan and the Reliance legacy.


“Dhirubhai will go one day. But Reliance's
Pursue your goals even in the face of
employees and shareholders will keep it
difficulties and convert advrsities into
afloat. Reliance is now a concept in which
opportunities.”
the Ambanis have become irrelevant." "Between my past, the
present and the future,
“Our dreams have to be bigger, our there is one common
ambitions higher. Our commitment factor: Relationship &
deeper and our efforts greater. This is Trust. This is the
my dream for Reliance and for India.” foundation of our
growth"

“You do not
require an
invitation to
make profits”

"Give the youth a proper “Don’t give up,


environment. Motivate them. courage is my
Extend them the support they conviction”
need. Each one of them has
infinite source of energy. They will
"We bet on
deliver."
people."

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