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Name of Book : Corporate Guru
Dhirubhai Ambani
Author : ChetanPrakash Sharma
Publisher : Manoj Publications
Price : ` 100
Review Written :Jagdish Saboo
by
2
This book depicts the biography of great
industrialist Dhirubhai Ambani.
His life does not need words for description.
The industries set up by him are living
monuments of his achievements.
He belived –‘No one has monopoly over
thoughts. So, think big, think fast and think
before others.
3
Dhirajlal Ambani was born on December
28,1932 in Chorwar, Saurashtra, Gujrat.
His father was Teacher by profession.
It was his father from whom he learnt ‘Karma’
Philosophy.
At matric level his learning ended and
Professional life began.
4
His elder brother Ramniklal called him to
Aden
to put him to some gainful work.
He started at the job of clerk in A.Bessy & Co.
He made progress & at age of only 24 won
post of General Manager.
Everyone looked incredulous when in
1959, he tendered his resignation from high
post of that company & back to Mumbai.
5
 Back in Mumbai, with his small capital he floated
Reliance Commercial Corporation
 After intial successes in Mumbai Dhirubhai gained
confidence & turned towards home state Gujrat.
 He set up a mill at ‘Naroda’ with a small capital of
15000 only.
 He bought the raw material from Nirlon Chemicals &
Synthetic Fibres.But in 15 years he reversed entire
process. Now he was supplying raw material to same
company earlier he used to take from.
6
 In 1968 Vimal textiles brand had been
launched in market.
 The success of Vimal brand gave Dhirubhai
confidence that through issues he would be
able to raise capital for new projects.
 In 1977 Dhirubhai came out with his First
public issue for subscription.
 It was oversubscribed seven times.
 In 1977 Reliance paid intial investors a 43%
annual profit even when the profit level of
share market was not safe also.
7
 He did not want his main product to be dependant
on others for supply of input materials.
 Dhirubhai realised this fact & did not continue with
same mistake and Thus, he was able to keep end
products available at competitive rates in market and
outsold others.
 Dhirubhai thought-”It is not enough just to set last
date of a project.The explanation should be its
accomplishment before that date”.
8
Everyday for two hours the three used to
discuss industry related matters in mornings.
This discussion determined their day’s
programmes and strategies.
Dhirubhai hsd trained his sons to be ready to
face any eventuality or challenge. They always
kept several options if thing went wrong
anytime, anyway or anywhere in business
empire.
9
 Dhirubhai’s talent hunt funda was quite ramous.
 First Dhirubhai would contact target talent & was
told he was required by Reliance team for benefit
of company.
 The offer would be politely turned down by
talent. Then, Dhirubhai would request for
personal talk & send him an air ticket.
 It made favourable impact & target felt
honoured.
10
 When Dhirubhai was carving niche for himself in
business world there used to be strange
relationship between industrialist & politics.
 Around 1980 Dhirubhai had given material
support in raising stage for victory rally of Indira
Gandhi.
 The series Arun Shaurie made sarcastic remarks
when Reliance group acquired 26% share of
Indian Petrochemicals Corporation Limited.(IPCL)
11
 Often to enthuse & encourage his officials &
workers he articulated his success formulae in
the form of slogans.
 Just as the drops of rain create an expansive body
of water,similarly small savings of crores of
middle class indians can make a huge capital for
investment.
 What is good for India is good for Reliance and
What is good for Reliance is good for India.
12
Thought is power, an energy. The thinking must
be big,thinking be fast and ahead of others.
No one has monopoly over thinking
Thinking is that foundation on which person can
build the palace of his success.
13
 The giganatic Jamnagar refinery was seen to be
believed.
 The refinery was set up with a capital of ` 25000
crores which was mind boggling by Indian
Standards at that time.
 In 1986 dhirubhai had suffered heart attack still
5% of country’s total revenue collections come
from Reliance indusrial group beside contributing
impressive share in GDP.
14
Founded : 1966
First I.P.O. : November 1977
Annual Turnover : ` 99,000 cr.
Gross Profits : ` 12,000 cr.
Net profit : ` 6200 cr.
Net Worth : `35,000 cr.
Export Income : ` 15,000 cr.
15
Dhirubhai Ambani figured in power-50,Asia’s
most powerful 50 persons featured by ‘Asia
week’ in 2000.
 Dhirubhai was honoured 3 times
(1999,2000,2001) as India’s most admired
C.E.O.
 In 2002 he was awarded the honour of
‘Lifetime Achievement’.
16
 Life is short still shorter is the life of the industrious
people because they use up every second of their
time.
 On June 24,2002 Dhirubhai suffered heart and
brain strokes.
 He went into ‘Coma’.For 13 days he struggled for
life.
 On July 6,2002 at 11.30 p.m.Dhirubhai departed
for his hevenly abode.It was sad news for people &
the nation.
17
Taking DhirubhaiAmbani’s life as an example
and by adopting his values we too can make
our lives successful and pave the way of
progress.
Corporate world of India will always remain
indebted to this village of product of Gujarat
for adding a new dimensions to it and gaining
it global recognition.
I think if we get one hundred Dhirubhais in
India our economy shall rule the world.
India of his dreams can only be realized by
following the path charted out by him. That
will be our true tribute to him.
18
19

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Book review on Dhirubhai Ambani by jagdish saboo

  • 1. 1 Name of Book : Corporate Guru Dhirubhai Ambani Author : ChetanPrakash Sharma Publisher : Manoj Publications Price : ` 100 Review Written :Jagdish Saboo by
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  • 3. This book depicts the biography of great industrialist Dhirubhai Ambani. His life does not need words for description. The industries set up by him are living monuments of his achievements. He belived –‘No one has monopoly over thoughts. So, think big, think fast and think before others. 3
  • 4. Dhirajlal Ambani was born on December 28,1932 in Chorwar, Saurashtra, Gujrat. His father was Teacher by profession. It was his father from whom he learnt ‘Karma’ Philosophy. At matric level his learning ended and Professional life began. 4
  • 5. His elder brother Ramniklal called him to Aden to put him to some gainful work. He started at the job of clerk in A.Bessy & Co. He made progress & at age of only 24 won post of General Manager. Everyone looked incredulous when in 1959, he tendered his resignation from high post of that company & back to Mumbai. 5
  • 6.  Back in Mumbai, with his small capital he floated Reliance Commercial Corporation  After intial successes in Mumbai Dhirubhai gained confidence & turned towards home state Gujrat.  He set up a mill at ‘Naroda’ with a small capital of 15000 only.  He bought the raw material from Nirlon Chemicals & Synthetic Fibres.But in 15 years he reversed entire process. Now he was supplying raw material to same company earlier he used to take from. 6
  • 7.  In 1968 Vimal textiles brand had been launched in market.  The success of Vimal brand gave Dhirubhai confidence that through issues he would be able to raise capital for new projects.  In 1977 Dhirubhai came out with his First public issue for subscription.  It was oversubscribed seven times.  In 1977 Reliance paid intial investors a 43% annual profit even when the profit level of share market was not safe also. 7
  • 8.  He did not want his main product to be dependant on others for supply of input materials.  Dhirubhai realised this fact & did not continue with same mistake and Thus, he was able to keep end products available at competitive rates in market and outsold others.  Dhirubhai thought-”It is not enough just to set last date of a project.The explanation should be its accomplishment before that date”. 8
  • 9. Everyday for two hours the three used to discuss industry related matters in mornings. This discussion determined their day’s programmes and strategies. Dhirubhai hsd trained his sons to be ready to face any eventuality or challenge. They always kept several options if thing went wrong anytime, anyway or anywhere in business empire. 9
  • 10.  Dhirubhai’s talent hunt funda was quite ramous.  First Dhirubhai would contact target talent & was told he was required by Reliance team for benefit of company.  The offer would be politely turned down by talent. Then, Dhirubhai would request for personal talk & send him an air ticket.  It made favourable impact & target felt honoured. 10
  • 11.  When Dhirubhai was carving niche for himself in business world there used to be strange relationship between industrialist & politics.  Around 1980 Dhirubhai had given material support in raising stage for victory rally of Indira Gandhi.  The series Arun Shaurie made sarcastic remarks when Reliance group acquired 26% share of Indian Petrochemicals Corporation Limited.(IPCL) 11
  • 12.  Often to enthuse & encourage his officials & workers he articulated his success formulae in the form of slogans.  Just as the drops of rain create an expansive body of water,similarly small savings of crores of middle class indians can make a huge capital for investment.  What is good for India is good for Reliance and What is good for Reliance is good for India. 12
  • 13. Thought is power, an energy. The thinking must be big,thinking be fast and ahead of others. No one has monopoly over thinking Thinking is that foundation on which person can build the palace of his success. 13
  • 14.  The giganatic Jamnagar refinery was seen to be believed.  The refinery was set up with a capital of ` 25000 crores which was mind boggling by Indian Standards at that time.  In 1986 dhirubhai had suffered heart attack still 5% of country’s total revenue collections come from Reliance indusrial group beside contributing impressive share in GDP. 14
  • 15. Founded : 1966 First I.P.O. : November 1977 Annual Turnover : ` 99,000 cr. Gross Profits : ` 12,000 cr. Net profit : ` 6200 cr. Net Worth : `35,000 cr. Export Income : ` 15,000 cr. 15
  • 16. Dhirubhai Ambani figured in power-50,Asia’s most powerful 50 persons featured by ‘Asia week’ in 2000.  Dhirubhai was honoured 3 times (1999,2000,2001) as India’s most admired C.E.O.  In 2002 he was awarded the honour of ‘Lifetime Achievement’. 16
  • 17.  Life is short still shorter is the life of the industrious people because they use up every second of their time.  On June 24,2002 Dhirubhai suffered heart and brain strokes.  He went into ‘Coma’.For 13 days he struggled for life.  On July 6,2002 at 11.30 p.m.Dhirubhai departed for his hevenly abode.It was sad news for people & the nation. 17
  • 18. Taking DhirubhaiAmbani’s life as an example and by adopting his values we too can make our lives successful and pave the way of progress. Corporate world of India will always remain indebted to this village of product of Gujarat for adding a new dimensions to it and gaining it global recognition. I think if we get one hundred Dhirubhais in India our economy shall rule the world. India of his dreams can only be realized by following the path charted out by him. That will be our true tribute to him. 18
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