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Reviewing Mindfulness of Leaders

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1. By: Devang Doshi PSY350: Mindful Leadership Faculty: Dr. Persephone Brown RATAN TATADHIRUBHAI AMBANI VS REVIEWING MINDFULNESS OF LEADERS December 10, 2015 2.…
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  • 1. By: Devang Doshi PSY350: Mindful Leadership Faculty: Dr. Persephone Brown RATAN TATADHIRUBHAI AMBANI VS REVIEWING MINDFULNESS OF LEADERS December 10, 2015
  • 2. devangdoshi.com About Dhirubhai Ambani • Son of a school teacher • Disliked school and chose to do physical work instead • Worked as petrol pump (gas station) attendant • Founded Reliance Industry in 1958 • Diversified group and a fortune 500 company • Combined net worth of his sons Mukesh and Anil Ambani is 24 billion USD
  • 3. devangdoshi.com About Ratan Tata • Great grandson of Tata group founder Jamsedji Tata • Studied in Cornell and Harvard • Joined his family business in 1971 as director-in-charge • Became chairman of Tata group in 1991 • Under his stewardship TCS went public and Tata Motors was listed in NYSE • Net worth 1billion USD • Awarded Padma Bhusan, one of the highest civilian award in India
  • 4. devangdoshi.com Dhirubhai Ambani vs Ratan TataVS Most prominent business tycoons in India (20th and early 21st century) Born on same date: Dec 28th Two largest group of India Inc in terms of revenue and market valuations Rags-to-riches Heir of a business tycoon Auto-didacticism Cornell & Harvard Graduate Diversified groups, part of Fortune 500 Money Making Charity
  • 5. devangdoshi.com Mindful Leadership
  • 6. devangdoshi.com Rollup your sleeves and help • You and your team share the same DNA • Sense of do it yourself • He did not wait for infrastructure and resource to be available, instead created for self Mindful Leadership
  • 7. devangdoshi.com Be a safety net for your team • Employee quotes: “He always asked we needed help in combating issues” • Employee quotes: “He gave us courage they we never knew we had in us” Mindful Leadership
  • 8. devangdoshi.com Dream big, but dream with your eyes open • His words: “dream with your eyes open” • Approach: “It’s difficult, but not impossible” • Employee quotes: Did not take no as an answer • Believed that a vision has to be within reach, not in the air. It has to be achievable Mindful Leadership
  • 9. devangdoshi.com Leave the professional alone His words: • “Give (your people) the youth a proper environment” • “Motivate them and extend them the support they need” • “Each one of them has infinite source of energy” • “They will deliver” Mindful Leadership
  • 10. devangdoshi.com Change your orbit constantly His words: • “Growth has no limit at Reliance.” • “I keep revising my vision.” • “Only when you dream it you can do it.” Mindful Leadership
  • 11. devangdoshi.com Arm-around-the-shoulder leader • His words: “Trust and transparency stimulates entrepreneurship” • Employee quotes: “… that did much more than words in letting me know that I belonged, that I had his trust, and that I had him on my side” Mindful Leadership
  • 12. devangdoshi.com Mindful Leadership
  • 13. devangdoshi.com Mindful Leadership Visionary • His vision: “One hundred years from now, I expect the TATAs to be much bigger than it is now” Strategist • Employee quotes: “He is a deep thinker and extremely strategic. He is always 2-3 steps ahead.”
  • 14. devangdoshi.com Mindful Leadership Initiator and Change Champion • Employee quotes: “Ratan was the chief architect of the Corus deal. I was worried about the magnitude and the amount of money. But he instilled confidence”
  • 15. devangdoshi.com Mindful Leadership Risk Taking and Determination • His words during a crisis: “If you put a gun to my head, you pull the trigger or take the gun away. I won't move my head.” • Employee quotes: “While he doesn’t look like, he is one the toughest people I have ever known.”
  • 16. devangdoshi.com Mindful Leadership Man of Ethics • Quoted in press: “Tata has shown that there is no other way he will do business other than do it ethically”
  • 17. devangdoshi.com Reference • http://www.diffen.com/difference/Dhirubhai_Ambani_vs_Ratan_Tata • https://en.wikipedia.org/wiki/Dhirubhai_Ambani • http://blog.himanshusheth.net/2007/08/19/15-dhirubhaisms-lessons-by- dhirubhai/ • http://www.slideshare.net/nishah21/management-lessons-from-dhirubhai- ambani-presentation-796294?related=1 • http://www.authorstream.com/Presentation/rajivkumar0006-1691581-ratan- tata-leader/ • http://www.slideshare.net/Akshay123Sikarwar/presentation-on-ratan-tata • http://timesofindia.indiatimes.com/india/Ratan-Tatas-message-to-Bengal- Look-what-Modi-has-done/articleshow/39771488.cms
  • 18. devangdoshi.com QUESTIONS & COMMENTS?
  • 19. devangdoshi.com THANK YOU FOR YOUR TIME
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