Presentation on

leadership

Laxmi Niwas Mittal

as a leader

Steel kingChairman and founder of

Arcelor-Mittal group of

companies

Biography and family

background Lakshmi Niwas Mittal ; born 15 june,1950)

is an Indian steel magnate

He graduated from St. Xavier's College, Calcutta, with a B.Com degree from the University of Calcutta

His father, Mohan Lal Mittal, ran a steel business, Nippon Denro Ispat.

Mittal began his carrier working in the family steel making business in india.

Over 30 years of experience working in steel industries.

Mittal steel is global steel producer with operations in 14 countries.

Weekly salary: INR 2,818,691.00

Awards and

achievements 2007, he won the Padma Vibhushan, by the

President of India.

Fellowship of King's college, London.

Grand Cross of Civil Merit, by Government

of Spain.

2004, Entrepreneur of the year, by Wall

Street Journal.

European businessman of the year, Forbes.

Times magazine, named him in their list of

''100 most influential people of the world".

Many others awards and achievements.

Think local, Act global

Laxmi mittal determined to make his company a

global one so that it could be a major player in

the steel market across the world globe.

Targeted international business effords in

canada, germany then to kazakhstan.

KAZAKISTAN

Ninth biggest country in the world. rich in

natural gas, petrol, coal, gold and diamond

and rich in minerals. it bordered by china.

Mittal acquired was a wise strategic

investment as Mittal eventually became a

global steel producer with operations in 14

Intelligent decision making

Mittal reconised the need for a strong

management team for his expansion plans

He hired Indian manager

Doubled productions

Sold to booming market in east

Success in kazakhstan to big ticket investment

in future.

He think out of box

International business

Mittal strategies in kazakhstan

He employed Indians in kazakhsthan who

could speak Russian and who had studied in

soviet union.

Somewhat of a regio-centric strategy.

Bought local train and services

Entered into agreement with the local

government that no new environment laws

would apply to the plant for ten years from the

date of privatization.

Lakshmi mittal got the best bargain for

acquiring the plant in kazakhsthan

Huge concession including a moratorium on

Smell of sweet success

Within one year, the temirtau plant at

kazakhstan made profit

Steel production doubled

10000 miners and steel worker were able to

save their jobs

Labour was paid after 15 days

Mittal became so pouplar in kazakhstan

Mittal earn huge profit in less time period.

He successes in steel business

BUSINESS IN 30+ COUTRIES BUSSINESS

IN THE WORLD

Motivational quotes of Laxmi

Mittal

YOU NEED TO KNOW WHAT YOU ARE DOING

‘‘This is a learning in the business life that first of all you need to have commitment, dedication and passion for what you are doing.’’

BEING INNOVATIVE

“Always think outside the box and embrace opportunities that appear, wherever they might be.”

SUCCESS AND HARDWORK

‘‘When I think about parallels between myself and an Olympian, I believe that success in the world of business is underpinned by very similar principles of

Three things you didn’t know about

Lakshmi Mittal, Britain's wealthiest

citizen

Although he only moved to Britain in the

1990s, Mittal is now our wealthiest citizen. His

personal $20.7 billion is larger than the GDP of

Equatorial Guinea.

Lakshmi Mittal, with a net worth of $20.6

billion, who is from India and made a fortune in

the steel business. He has homes in London

and India

After long negotiations, Mittal was the first

person granted a private party in the Palace of

Versailles. The occasion: the engagement of

his daughter, Vanisha, who then moved in next

Thank you and always

remember

यदि आप उड़ नह ीं सकत,े तो िौड़ो। यदि िौड़ नह ीं सकत,े तो चलो। यदि चल भी नह ीं सकत ेतो रेंगत ेहुए चलो। लेककन हमेशा आगे बढ़त ेरहो।

presented By Ajit

Gupta