Effective Leadership: Analysis of Mukesh Ambani's Business Strategies

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This presentation analyzes the leadership of Mukesh Ambani, focusing on his role as the chairman and managing director of Reliance Industries. The presentation explores his strong vision, collaborative skills, and high investment acumen as key factors contributing to his success. It identifies employee interaction and development of employee knowledge as key ways to measure his leadership effectiveness. The analysis highlights how his leadership has significantly contributed to the company's success, reflected in its ranking in the Fortune 500 list and recognition as a top trusted brand. The presentation also references various sources to support the analysis, providing a comprehensive overview of Ambani's leadership qualities and their impact on Reliance Industries.
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BUSINESS
LEADER: MUKESH
AMBANI
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About Mukesh Ambani
Born on 19th April 1957 in Aden Yemen.
Did his bachelors in engineering from university of Mumbai (Arditi).
Born to Dhirubhai Ambani and Kokilaben Ambani.
Mukesh Ambani is considered the richest man in Asia according to
Forbes 2019 report (Balan).
Ambani is ranked at 10th position globally in terms of richness(Banfield
and Kay)
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Mukesh planned to do MBA from Stanford university after obtaining BE
degree from Mumbai university(K. D. Elsbach).
From a young age, Mukesh Ambani started helping his father
Dhirubhai Ambani in the managing Reliance industries(K. D. Elsbach).
Reliance industry at that time was the small but fast growing
business.
Mukesh Ambani had a modest beginning where he lived in the two
bed room flat in Mumbai.
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Reliance group of industries
Mukesh Ambani is currently the chairman and managing director of
reliance enterprise(Hegarty, Amoore and Blackett).
The reliance is headquartered in Mumbai, India.
Reliance industry is into textiles, natural resources, retail,
telecommunication , and petrochemicals.
The reliance industries has its various wings that include Reliance
retail, reliance sciences, reliance logistics, reliance clinical
research services , reliance solar, and reliance infocom(Iljins)
The core business of reliance is into petrochemicals and gas
related operations
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Mukesh Ambani as a leader
Mukesh Ambani in several times bagged awards for
excellence as a leader in the field. he has also received
several honors from several international organization.
In the financial express, Mukesh Ambani stated the
importance of setting the new standards rather than simply
following the old ones.
As a business leader Ambani had been a great investor that
led to increase in the financial resources.
On several occasions, various international occasions have
opined Ambani's strongest vision as the cause of his success.
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Leadership qualities Mukesh
Ambani possess
Strong vision
Collaborative skills
High investment acumen
Decisive nature
Listening qualities (Khorram-Manesh)
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Strong vision
Mukesh Ambani is known for his strong visions. These strong visions of
the Ambani helped them in achieving the great results in the business .
Many of the renowned newspapers reported that the Ambani is able to
achieve the great profitability and success in most of his ventures
because of his strong visions of his organization and country.
His highly passionate attitude fuels great results as it results in
profitability and growth in the organization in the long run. His passion
made him achieve the great innovative things in achieving
things(Körner).
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Collaborative skills
Mukesh Ambani is highly known for his collaborative skills in running
the business as it is helpful in achieving the bigger goals of the
organization.
The reliance company has various ventures that made him collaborate
in the manner to get the things done to achieve the great profitability.
Mukesh Ambani was awarded with the iconic and inspirational leader
award of 2018-2019(Luo and Milne).
It is the collaborative skills that made Ambani people’s leader thus
helping him even various prestigious awards in the life time.
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High investment acumen
As a business leader, it is important to have the good quality
acumen for investment.
A leader must have the great understanding about in the area
where the investment has to be done as it is helpful in achieving
the right results.
Mukesh Ambani is known for good level of tactics in predicting
which area of investment will reveal high degree of profits and
growth(Mello)
.
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Ways of measuring the leadership
effectiveness
Employees interaction with each other.
Development of employee’s knowledge(Mojibi)
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Employees interaction with each
other
Employees interaction with each other is highly important in
getting things done in an effective manner.
The factor of employee interaction can be used as the parameter
that how effectively the organization is functioning.
As a leader of the reliance group, Mukesh Ambani has always
ensured that participation of all the employees in all the activities
of the company.
He has organized various programs in helping to achieve the rights
goals of the industry(Paro).
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Development of employee’s
knowledge
Developing employee knowledge is the most important aspect that results
in highest level of satisfaction of the employees.
Reliance industries has always made sure that employees continues to
gain knowledge of the things.
It has also organized various workshops and training sessions to train
employees in various specific skills .
The development of the employee’s knowledge was only possible because
of the great leadership skills or qualities of Mukesh Ambani (Schmiedel).
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Influence of Mukesh Ambani
leadership on success of the
company Reliance company is ranked at 106th position in fortune 500 list of world’s biggest
corporation 2019(Schmiedel).
In the report presented by Platts 2016, the company placed at 8th position among the
250 global energy companies(K. D. Elsbach).
Reliance group of industries was also reported many times among the top trusted
brands of the India(K. D. Elsbach).
It had also bagged various prestigious brands that include awards from various
institutes such as Boston consulting group, brand trust group, and brand
finance(Schmiedel)
.
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Conclusion
Mukesh Ambani has been the exemplary leader who had take the
reliance groups to great heights.
The leadership style of Mukesh Ambani helped the effective
management of the employees.
High Acumen of Mukesh Ambani in taking the investment decisions
made him the richest man in Asia.
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References
Khorram-Manesh. "Education in disaster management and emergencies: Defining a new European
course." Disaster medicine and public health preparedness, 2.5 (2015): 245-255.
Körner, M., Wirtz, M.A., Bengel, J. and Göritz, A.S.,. "Relationship of organizational culture, teamwork
and job satisfaction in interprofessional teams." BMC health services research 15.1 (2015): 243.
Luo, Yixin (Jim) and Simon Milne. "Current Human Resource Management Practices in the New
Zealand Hotel Sector." Journal of Human Resources in Hospitality & Tourism 13.1 (2013 ): 81-100.
Mello, J A. Strategic Human Resource Management. 4th Edition. Cengage, 2015.
Mojibi, T. "Organizational culture and its relationship with knowledge management strategy: a case
study." Knowledge Management Research & Practice, (2015): 281-288.
Paro, P. E. "Organizational culture for lean programs." Journal of Organizational Change
Management, (2017): 584-598.
Schmiedel, T. "Topic modeling as a strategy of inquiry in organizational research: A tutorial with an
application example on organizational culture." Organizational Research Methods (2019): 941-968.
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Arditi, D. "Effect of organizational culture on delay in construction." International Journal of Project
Management (2017): 136-147.
Balan, G. "Beneficence and Behavior Control: Ethical Dilemmas in Gastroenterology." Revista de
Cercetare si Interventie Sociala, (2015): 55-66.
Banfield, P and R Kay. Introduction to Human Resource Management. 2nd Edition. Oxford University
Press, 2012.
Elsbach, K. D. "Design thinking and organizational culture: A review and framework for future research."
Journal of Management, (2015): 274-2306.
Elsbach, K. D.,. " Design thinking and organizational culture: A review and framework for future
research." Journal of Management, (2018): 2274-2306.
Hegarty, Francis, John Amoore and Paul Blackett. Healthcare Technology Management A SYSTEMATIC
APPROACH. London: CRC Press, 2017.
Iljins, J.,. " Impact of organizational culture on organizational climate during the process of change."
Procedia-Social and Behavioral Sciences (2015): 944-950.
Khorram-Manesh. "Education in disaster management and emergencies: Defining a new European
course." Disaster medicine and public health preparedness, 2.5 (2015): 245-255.
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