International Strategic Management

Reliance Industries Ltd- A Case Study

Vision
Through sustainable measures, create value for the nation, enhance quality of life across the entire socio-economic spectrum and help spearhead India as a global leader in the domains where we operate

Mission
Create value for all stakeholders Grow through innovation Lead in good governance practices Use sustainability to drive product development and Enhance operational efficiencies Ensure energy security of the nation Foster rural prosperity

Values
 Our growth and success are based on the ten core values of

Care, Fairness, Integrity, Respect, Safety

Citizenship, Honesty, Purposefulness, Responsibility, Trust

Corporate Governance
Constitution of a Board of Directors of appropriate composition, size, varied expertise and commitment to discharge its responsibilities and duties. Ensuring timely flow of information to the Board and its Committees to enable them to discharge their functions effectively. Independent verification and safeguarding integrity of the Companys financial reporting.

Contd
A sound system of risk management and internal control. Timely and balanced disclosure of all material information concerning the Company to all stakeholders. Transparency and accountability. Compliance with all the applicable rules and regulations. Fair and equitable treatment of all its stakeholders including employees, customers, shareholders and investors

CSR
Social Responsibility and community development Education, Health Development Initiative to combat HIV/AIDS Adoption of public health center Highway rescue intervention Drishti

Contd
Community Development Reliance Rural Development Trust Empowerment of Women and Youth Eco-Friendly Initiative Packaging Solution to Farmers Reliance Kargil scholarships Scheme

Strategy Formulation
Diversification of Company with aggressive investments in growth areas. Backward Vertical Integration Achieving Shareholders confidence in the company Covering a large Pie of the market.

Strategy Implementation
Founded in 1966 to trade yarn and textiles. Manufacturing of Polyester based Textiles Entered in to Petrochemical raw Materials Entered in to Natural gas & Crude oil Exploration. RIL transformed into Oil & Gas commissioning of the KG Basin Production Field. Started Operations at Jamnagar Oil Refinery in 2009.

Strategy Evaluation
Reliance Retail
Reliance Reliance Reliance Reliance Fresh Foot Print Time out istore

Backward Vertical Integration in

Polyester Fibre Intermediates Plastics Petrochemical Petroleum Refining Oil & Gas Exploration.

Thank You