Sunil Mittal Success

8/9/2019 Sunil Mittal Success

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Sunil Bharti Mittal, founder, Chairman andManaging Director of Bharti Group.

Labeled as the most ambitious telecomentrepreneur in India.

A former student of Harvard Business School,graduated from Punjab University.

Got together with his friend and formed asmall bicycle business with borrowed capitalin the1970s


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He had the visionary and determination tobecome such a prominent business figure.

In 1980 he sold his bicycle parts and yarnfactories and moved to mumbai.

In 1982 he became the exclusive dealer forsuzuki motors portable electric-power

generator imported from Japan. He established the first company to

manufacture push button telephones in India


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one of the first Indian entrepreneurs toidentify the mobile telecom business as amajor business area.

launched services in the city of Delhi and theNational Capital Region in the year 1995.

In July 2006, he attracted many key

executives from Reliance ADAG, NIS Spartaand created Bharti Comtel

In November 2006, he struck a joint venturedeal with wal -mart, the US retail giant, to

start a number of retail stores across India


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His entrepreneurial ability.

His ability to think big and execute it

flawlessly.His ability to rope in big players with deep

pockets (like SingTel, Vodafone, WarburgPincus & Siemens)

His vision and deep faith in himself


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According to Sunil Mittal

essentials to build a strongplace in competitive

market

Ability to take decisions amidst uncertainties

Reading customer mind and predicting the

future consumption trend.Keep your speed double to the change in

market.


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Alignment of organizational objectives &employees aspirations.

Quickly respond to changes in macroenvironment.

Build a learning organization.

Retaining talent

Building a team by recruiting talent.


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The ideal CEO is one who has:- the spirit of an entrepreneurship

who sees opportunities ahead of competition,and

who is not afraid to challenge conventionalwisdom


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Leadership traits of

Sunil B. Mittalsupported by his

real life events.


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TRAITS FACTS

IDEAGENERATER

Mittal came out with another idea of selling'push button phone' in India which outdatedbulky phones which were already in use

INITATOR He was the first mover in telecommunicationsector India.

ANALYST He analyzed the trends and measured theright stuff according to the trend. He broughtdown the STD/ISD cellular rates under brandname 'Indiaone'.

CRISISMANAGEMENT

He kept up the hopes of investors at timeswhen economic crisis took place and timeswhen telecommunications sector was facing itsdownhill.


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COMPETEN

TNEGOIATOR

Bharti enterprises have tied-up withAXA group of France to form BhartiAXA group, joined with Del Monte toform Bharti Del Monte.

INNOVATIVE

He found that in a country like Indiacellular phone services sector can hitthe bull when it is given in lower price.He wanted to develop a billon-customerbase with providing cellular services pricesat lower prices. So he developed aninnovative business model in whichoutsourcing was given more importanceand chosen IBM as its outsourcing partner.

VISIONVISION ofmaking Bharti group as thepremium Indian conglomerate andexpanding their business over theglobe, Mittal is heading further. Bhartigroup is a rising sun in retail sector, afterhaving tie-up with the retail giant Wal-Mart,

which is the largest company in fortune


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ENTREPRENEURIALCHARACTER

He falls to the businessentrepreneur group whostrike both production and

marketing resources to runhis business

OPPORTUNITYSEEKER

He left Ludhiana, since hethought moving to metros likeBombay could fetch him goodopportunities to shine inbusiness

Flexibility and

adaptability

Flexibility and adaptability inbusiness which molded him

into successful entrepreneur.


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He is a pioneer, a dreamer, an achiever.Ranked 125th in the Forbes list, Sunil Bharti

Mittal is not a man to rest on his laurels.Whenever the next big revolution is

happening, he is there busy being a part of it.

He is calm, seldom ruffled and very down toearth.

He is a very confident and cool headed man

too.


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Best style of leadership is one which developsits people to the level they need not haveleaders to guide them.

Empowered team is a need of every singletask.

A leadership influence is measured in terms ofachievements of goals.

Things never goes the same way .


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Complete delegation and decentralization can

help to make smart business decision ,stayahead and beat the odds.

Give your best to whatever you do

Have faith in yourselves.


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Sunil Bharti Mittal

Good

Poor

Task oriented

Relationship oriented


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WORDS FROMWORDS FROM

RENOWNED PERSONSRENOWNED PERSONSFOR SUNIL B. MITTALFOR SUNIL B. MITTAL


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Sunil Mittal will be richest Indian if Bharti givesa 30% QOQ type of growth(by Rahul Bajaj ).

Sunil Bharti Mittal is Wireless wonder (byFortune magazine).

Sunil Bharti Mittal the Man with the Midastouch.


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Types of Powers

Legitimate Power

Expert Power

Referent Power

L l 5 L d hi


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LEVEL 5 EXECUTIVEBuilds enduring greatness through a paradoxicalcombination

of personal humility plus professional will.

LEVEL 4 EFFECTIVE LEADERCatalyzes commitment to and vigorous pursuit of a clear andcompelling vision; stimulates the group to high performancestandards.

LEVEL 3 COMPETENT MANAGEROrganizes people and resources toward the effectiveand efficient pursuit of predetermined objectives.

LEVEL 2 CONTRIBUTING TEAM MEMBERContributes to the achievement of group

objectives; works effectively with others in a group setting.

LEVEL 1 HIGHLY CAPABLE INDIVIDUALMakes productive contributions through talent, knowledge,skills, and good work habits.

Level 5 Leadership


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ACHIEVMENTS


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Conferred with the 'Global Vision' award byUS-India Business Council, a business

advocacy organization jointly formed by theUnited States and India.

Becomes First Entrepreneur from India toJoin Elite Ranks of Babsons AcademyofDistinguished Entrepreneurs.

Chosen as one of the top entrepreneurs inthe world for the year 2000.


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IT Man of the Year Award 2002 fromDataquest and CEO Of the Year, 2002 Award(World HRD Congress).

Heads a succesful empire with a marketcapitalization of approximately $ 2 billion.

Bharti Foundation has funded over 50 schools

in Madhya Pradesh.Donated Rs 200 million to IIT Delhi for

building a Bharti School of Technology andManagement.


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member of National Council of Confederationof Indian Industry (CII), Federation of IndianChambers of Commerce & Industry (FICCI),

Chairman, Indo-US Joint Business Council,Member, Advisory Committee constituted byministry of IT


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Documents

Sunil Mittal Success