Month: June 2007
How has the Ambanis split fared?
How has the Ambanis split fared?
Two years after Mukesh and Anil Ambani separated, many who have associated with the family still find it difficult to believe the fact.
“Under their father, they complemented each other so well. They seemed inseparable,” recalls one whose family has known the Ambanis for four decades, his eyes misting over.
The eyes begin to sparkle once the conversation veers to business. “The split has created enormous wealth. There is not a soul in the country who won’t bless them,” he says.
That is the leitmotif of any conversation on the subject in business and market circles. The regret quickly gets erased by joy over how much the “dhandha” has grown.
Of the two Reliances, one agreed to participate in this article without being quoted but later went quiet. The other refused at the outset.
However, facts in the public domain script a story that destroys the notion that family businesses sooner or later become the bane of shareholders.
Soon after Kokilaben brokered the split of the group between her sons on June 18, 2005, the Sensitive Index of the Bombay Stock Exchange, which had until then remained depressed on account of the seven-month feud, soared to a record high. That, in retrospect, was just the flag-off.
In the ensuing 24 months, the combined market capitalisation of the two groups has increased four times to Rs 4,24,805 crore (Rs 4248.05 billion), net worth just under four-fold to Rs 1,28,091 crore (Rs 1280.91 billion), net sales 70 per cent to Rs 1,26,671 crore (RS 1266.71 billion) and net profit 87 per cent to Rs 15,635 crore (Rs 156.35 billion).
“It is difficult to say whether they would have done better had they not split. They may not have missed much because of it,” says Deepak Kapoor, executive-director, PricewaterhouseCoopers India .
It has helped that the different qualities of the brothers, which complemented so well earlier, have not really been put to each other’s detriment.
The only real thorn in the flesh is the supply of oil and gas from Mukesh’s group to Anil’s.
“While there has been a fair degree of success for both, it is good that there is not much dispute in public anymore,” says Jigar Shah, director, K R Choksey Shares & Securities.
It has also become visible how one is distinct from the other. Mukesh, who retained control over the mother company, Reliance Industries, continues to aspire for the global scale for which Reliance is known.
To deploy the cash being generated, he has made a humongous foray into retail and set up Reliance Petroleum to establish a $6 billion refinery in Jamnagar .
Anil, whose share included the telecom (Reliance Communications or RCom), power (Reliance Energy) and finance (Reliance Capital) businesses, has placed a number of smaller bets, the more notable being Adlabs and AMP Sanmar.
RCom is the company through which he can aim for the skies, but its one big gambit, a bid to take control of Hutchison-Essar, was trumped by Vodafone.
How Companies Got their Name!!!
How Companies Got their Name!!!
Apple Computers
It was the favourite fruit of founder Steve Jobs. He was three months late in filing a name for the business, and he threatened to call his company Apple Computers if the other colleagues didn’t suggest a better name by 5 O’clock.
CISCO
It is not an acronym as popularly believed. It is short for San Francisco.
Compaq
This name was formed by using COMp, for computer, and PAQ to denote a small integral object.
Corel
The name was derived from the founder’s name Dr.Michael Cowpland. It stands for COwpland REsearch Laboratory.
Google
The name started as a joke boasting about the amount of information the search-engine would be able to search. It was originally named ‘Googol’, a word for the number represented by 1 followed by 100 zeros.After founders – Stanford graduate students Sergey Brin and Larry Page presented their project to an angel investor, they received a cheque made out to ‘Google’
Hotmail
Founder Jack Smith got the idea of accessing e-mail via the web from a computer anywhere in the world.When Sabeer Bhatia came up with the business plan for the mail service, he tried all kinds of names ending in ‘mail’ and finally settled for hotmail as it included the letters “html” – the programming language used to write web pages. It was initially referred to as HoTMaiL with selective uppercasing.
Hewlett Packard
Bill Hewlett and Dave Packard tossed a coin to decide whether the company they founded would be called Hewlett-Packard or Packard-Hewlett.
Intel
Bob Noyce and Gordon Moore wanted to name their new company ‘Moore Noyce’ but that was already trademarked by a hotel chain so they had to settle for an acronym of INTegrated ELectronics.
Lotus (Notes)
Mitch Kapor got the name for his company from ‘The Lotus Position’ or ‘Padmasana’. Kapor used to be a teacher of Transcendental Meditation of Maharishi Mahesh Yogi.
Microsoft
Coined by Bill Gates to represent the company that was devoted to MICROcomputer SOFTware. Originally christened Micro-Soft, the ‘-‘ was removed later on.
Motorola
Founder Paul Galvin came up with this name when his company started manufacturing radios for cars. The popular radio company at the time was called Victrola.
ORACLE
Larry Ellison and Bob Oats were working on a consulting project for the CIA (Central Intelligence Agency). The code name for the project was called Oracle (the CIA saw this as the system to give answers to all questions or something such). The project was designed to help use the newly written SQL code by IBM. The project eventually was terminated but Larry and Bob decided to finish what they started and bring it to the world. They kept the name Oracle and created the RDBMS engine. Later they kept the same name for the company.
Sony
It originated from the Latin word ‘sonus’ meaning sound, and ‘sonny’ a slang used by Americans to refer to a bright youngster.
SUN
Founded by 4 Stanford University buddies, SUN is the acronym for Stanford University Network. Andreas Bechtolsheim built a microcomputer; Vinod Khosla recruited him and Scott McNealy to manufacture computers based on it, and Bill Joy to develop a UNIX-based OS for the computer.
Yahoo!
The word was invented by Jonathan Swift and used in his book ‘Gulliver’s Travels’. It represents a person who is repulsive in appearance and action and is barely human. Yahoo! Founders Jerry Yang and David Filo selected the name because they considered themselves yahoos
HR Lessons – A Small Story
During my second month of college, our professor
gave us a pop quiz. I was a conscientious student
and had breezed through the questions until I read the last one:
“What is the first name of the woman who cleans the school?”
Surely this was some kind of joke. I had seen the
cleaning woman several times. She was tall,
dark-haired and in her 50s, but how would I know her name?
I handed in my paper, leaving the last question
blank. Just before class ended, one student asked if
the last question would count toward our quiz grade.
“Absolutely,” said the professor. “In your careers,
you will meet many people. All are significant. They
deserve your attention and care, even if all you do
is smile and say “hello.”
I’ve never forgotten that lesson. I also learned her name was Dorothy.
(3 5 6 & 7) Tools which make u world class!!!
3P
A 3D model of TQM, having People, Product and Process as the 3 axis.
For Implementing TQM, all the 3 parameters should be improved.
1. People: Satisfaction of both Internal and External customer.
2. Product: Conforming to the requirements specified.
3. Process: Continuous Improvement of all the operations and activities is at the heart of TQM.
5S
is the Japanese concept for House Keeping.
1.) Sort (Seiri)
2.) Straighten (Seiton)
3.) Shine (Seiso)
4.) Standardize (Seiketsu)
5.) Sustain (Shitsuke)
5Z
This standard defines the procedure of “5Z Accreditation” which is the scheme to promote, evaluate, maintain and improve process control using the Genba Kanri principles.
“5Z” is a general term for the following five actions ending with “ZU”…meaning “Don’t” in Japanese.
-UKETORAZU (Don’t accept defects)
-TSUKURAZU (Don’t make defects)
-BARATSUKASAZU (Don’t create variation)
-KURIKAESAZU (Don’t repeat mistakes)
-NAGASAZU (Don’t supply defects)
6 Ms
The traditional 6Ms are:
* Machines
* Methods
* Materials
* Measurements
* Mother Nature (Environment)
* Manpower (People)
6W
Your project planning should answer following question:
WHAT : What will you make/do this?
WHY : Why will you make/do this?
WHERE : Where will you make/do this?
WHO : Who will make/do this?
WHEN : When will you start/stop this (time scheduling)?
WHICH : Which will you make/do this (process, tooling, material sources etc…)?
7 QC Tools
Histograms
Cause and Effect Diagram
Check Sheets
Pareto Diagrams
Graphs
Control Charts
Scatter Diagrams
These are 7 QC tools also known as ISHIKAWAS 7QC tools which revolutionized the Japan & the World in Sixties & Seventies
These tools make wonders by leading u to “WORLD CLASS”
Think +ve
Father : “I want you to marry a girl of my choice”
Son : “I will choose my own bride!”
Father : “But the girl is Bill Gates’s daughter.”
Son : “Well, in that case…ok”
Next – Father approaches Bill Gates.
Father : “I have a husband for your daughter.”
Bill Gates : “But my daughter is too young to marry!”
Father : “But this young man is a vice-president of the World Bank.”
Bill Gates : “Ah, in that case…ok”
Finally Father goes to see the president of the World Bank.
Father : “I have a young man to be recommended as a vice-president.”
President : “But I already have more vice- presidents than I need!”
Father : “But this young man is Bill Gates’s son-in-law.”
President : “Ah, in that case…ok”
This is how business is done!!
Moral: Even If you have nothing,You can get Anything. But your attitude should be positive
Think +++++++ve
ClicksandWrites 
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