Mukesh Ambani: He is the chairman of Reliance Industries he has transformed his family’s business into a global powerhouse making him the richest man in Asia. Therefore, there are nine lessons we learn from his journey:
1. Having a forward-thinking:
When approaching business, it is a strategic investment in telecom hence enabling a successful business.
2. Innovation is the key to embracing technology:
Therefore, he has allowed reliance to disrupt traditional markets and capture new audiences.
3. In business strategy:
The ability to pivot in response to changing market conditions and having the ability to reason is key to changing market conditions.
4. Expanding into various sectors needs diversification:
To showcase the importance of flexibility in the business strategy.
5. By prioritizing consumer demands:
It has created services that resonate with millions and enhance loyalty and strength.
6. Building strong bond with partnership:
To enable global giants like social platforms like Facebook and Google to enable the reliance position in the market to enhance growth of the business.
7. To agree to learn:
Evolving keeps him ahead in a rapidly changing business in the landscape
8. Investing in people:
To emphasize nurturing talent within the organization motivating his workforce drives success.
9. Charity contribution by giving back to society:
Not only enhances reputation but also fosters goodwill creating a positive cycle of support. It enhances the growth of the business.
WRITTEN BY: IAN MAWIRA