Tuesday, 12 June 2012

9 Management Lessons by Dhirubhai Ambani


Dhirubhai Ambani was not an MBA. He just believed in what was happening around and tried to understand the scenario. This management lessons might be theoretically meaningful for some people but practically what he explained was more of what he actually applied. Following are some of the key management lessons he believed:

1. Roll Up your sleeves and Help: Do not wait for the infrastructure to be created to support any operation. Go out and built yourself.

2. Be a safety net for your team: Always be on the side of your company whenever they need you. It is themost crucial part for any organization.

3. The silent Benefactor: Help is called an Help when it is done for the beneficiary of the benefit seeker and not the benefactor. Help and forget.

4. Dream Big but Dream with your eyes open: No work is impossible if you manage it to do with full passion. Whatever you do, do it as if it is made for you.

5. Leave the Professionals alone: Let the professionals do their work. They are well equipped and well deserving. Don't add to their problem and instead contribute by not questioning their ability.

6. Change your Orbit constantly: When you will change orbits, you will create friction. The good news is that your enemies from your previous orbit will never be able to reach your new one. By the time resentment builds up in your new orbit, you should move to the next level. And so on..

7. The arm-around-the-shoulder leader: Be a person who is easily approachable and frank. The person will be able to explain it to you only if you get into his comfort zone.

8. The Dhirubhai theory of Supply Creating Demand: Follow the market and from theer create a chain of supply within yourself.

9. Money is not a product by itself, it is a by-product by itself: Create opportunities and not money. Money will follow if the scope is huge and you built is to your ability.

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