The House That Reliance Industries Built
Construction of the world's largest petroleum refinery built from the ground up -- along with the rollout of a national telecommunications network -- required Reliance Industries, India's largest private-sector company, to devise new management and technology solutions to develop its mega-projects.
The massive Jamnagar petrochemical refinery complex and the company's information-communications business illustrate a willingness to tackle huge undertakings with big payoffs for the company and India, according to Hital R. Meswani, executive director of Reliance Industries, who spoke to a campus audience earlier this month on the topic: "Ideas That Worked: Creation of World-class Businesses through Management of Technology." Reliance Industries is part of India's largest conglomerate, the Reliance Group.
"Both these businesses have demonstrated to us that value creation is possible through effective management of technology, building competencies around people and placing trust in them," said Meswani, who has degrees from both Wharton and the University of Pennsylvania's engineering school.
Meswani, the top manager of both projects, is the great-nephew of Dhirubhai Ambani, a former gas station attendant who founded Reliance in 1968. He died in 2002 and his two sons, Mukesh and Anil, now control the firm, although recent media reports have highlighted differences between the Ambani brothers over the running of the company. With sales of $23 billion, Reliance's businesses include textiles, synthetic fibers, petrochemicals, petroleum refining and marketing, oil and gas, power, and information and communications services.
Complete article at Knowledge Wharton
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The massive Jamnagar petrochemical refinery complex and the company's information-communications business illustrate a willingness to tackle huge undertakings with big payoffs for the company and India, according to Hital R. Meswani, executive director of Reliance Industries, who spoke to a campus audience earlier this month on the topic: "Ideas That Worked: Creation of World-class Businesses through Management of Technology." Reliance Industries is part of India's largest conglomerate, the Reliance Group.
"Both these businesses have demonstrated to us that value creation is possible through effective management of technology, building competencies around people and placing trust in them," said Meswani, who has degrees from both Wharton and the University of Pennsylvania's engineering school.
Meswani, the top manager of both projects, is the great-nephew of Dhirubhai Ambani, a former gas station attendant who founded Reliance in 1968. He died in 2002 and his two sons, Mukesh and Anil, now control the firm, although recent media reports have highlighted differences between the Ambani brothers over the running of the company. With sales of $23 billion, Reliance's businesses include textiles, synthetic fibers, petrochemicals, petroleum refining and marketing, oil and gas, power, and information and communications services.
Complete article at Knowledge Wharton
For latest on HR click here
posted by Siddharth Nagpal at 2:45 AM
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