Reviewing Mindfulness of Leaders

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. 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. 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. 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. Mindful Leadership
  • 6. 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. 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. 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. 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. 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. 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. Mindful Leadership
  • 13. 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. 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. 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. 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. Reference • • • dhirubhai/ • ambani-presentation-796294?related=1 • tata-leader/ • • Look-what-Modi-has-done/articleshow/39771488.cms
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