INDIAN BUSINESS LEADER

Anil Manibhai Naik

Team 10

Reajith Kumar S
Ravi Shankar K
Hari Prasad S
Veerasamy R

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A M NAIK
(Group Executive Chairman
- Larsen & Toubro Limited)
Early
Early Life
Life Family
Family &
& Education
Education
Career
Career &
& Experience
Experience
Becoming
Becoming aa Leader
Leader
Qualities
Qualities of
of the
the Leader
Leader
Awards
Awards &
& Recognition
Recognition
Organizational
Organizational Changes
Changes &
& Impact
Impact

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Early Life
Mr. Anil Manibhai Naik born in 9th June 1942, third to his
parents after two girls.
Endhal, a village in South Gujarat.
Belongs to a family of teachers, his father & grand father
being teachers.
His father was a senior teacher at Hansraj Morarjee Public
School at Andheri and has participated in Quit India
Movement in 1942
His elder sister became the first doctor in their community.
1952 returned to their village which affected the English
Skills of AMN
Graduation in Birla Vishvakarma Mahavidyalaya
Engineering College, Anand, Gujarat.

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Career
Mukand Iron & Steel Works:
Starting salary of Rs. 350/- a month in 1963.
Increased to Rs. 500/- during his confirmation.
He has been told to improve his English Skills.
Nestor Boilers:
Later he joined Nestor Boilers.
He was earning Rs. 850/- per month and 350 people were
reporting to him
His career growth was arrested because of the style of
management and again he started looking for better
opportunities.

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Career
Beating an IITian:
Interviewed by Mr. Baker & joined L&T on Mar 15, 1965
Seemed over-confident for Mr. Hanson after offering
Rs760/- for the job of an assistant engineer, a supervisory,
grade-B post.
Degraded his posting as junior engineer, starting at
Rs.670 / But he could prove his confidence level within 6 months
and got his first promotion.
In Apr 1966, he was promoted to a level higher than
supervisory grade.
Within 18 months In-charge of entire workshop and 800
people were reporting to him & he was just 25yrs of age.

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Becoming a Leader
His success story continued with some hiccups:
1968 Became the youngest Production Manager
1st Apr 1974, became the youngest DGM
In 1974 change in management Europeans left &
suddenly seniority started playing a major role
1979 became JGM remained for 7 years
1985 21 Years record of not taking day-offs.
1989 Director on board
1999 CEO & MD of L&T (Apr, 20th)
2003 Chairman of L&T (Dec, 9th)
2009 Net Profit of Rs. 5308 Crores/ 2013 Annual Revenues of Rs. 61471 Crores/-

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Qualities of AMN
Known for his Punctuality
Workers discipline
Disciplinary Actions
Relationship with Employees

Reliable
Leave Record of 21 Years

Self Confident, Driving & Dynamitic person

Career Progression in L&T

Strategist & Visionary

Hazira Plant,
Laying-off Cement Business
Creating/Increasing Shareholder value to remain independent
L&T Employees Foundation

Patriotic

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Qualities of AMN
"We had Saturdays off, and I would usually come in from a
tour on a Saturday, and then go around the plant on
Sunday," AMN says. So even before he became CEO,
Naik had started preparing to lead L&T.
"He works very hard, and expects the same from others.
He does not accept mediocre work," "His business
acumen is really high, says Deosthalee. Naik's greatest
strengths are his long-term vision and networking chops.
-Suman Layak

Edition:Feb 5, 2012 (Business Today)

Hard work, luck, leadership, ambition and shrewdness - all

in enormous measure.
-Sunny Sen and Josey Puliyenthuruthel Edition:April 17, 2011 (Business Today)

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Achievements of AMN
In 1965, L&T was chosen as partners for building nuclear
reactors and he started working in that critical project.
In 1971, delivered Indias first nuclear reactor and set up
nuclear steel generators competing with BHEL
In 1972, India launched its space programme and AMN
was made responsible for taking the programme.
In-charge of the whole manufacturing from SLV (space
launch vehicles) to advanced SLV to PSLV (Polar Satellite
Launch Vehicle) to GSLV (Geosynchronous Satellite
Launch Vehicle) and now to advanced GSLV.
Successful completion of these projects laid the
foundation for L&T getting into more nation building
projects

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Achievements of AMN
L&T Transportation Infrastructure - Bridges, Roads,
Metros, Airports, Seaports, Power Development-Nuclear &
Hydro, L&T Project Finance Company, L&T Infotech are
few of the major business sectors for which the foundation
stone was laid by AMN.
60% of 165 businesses which L&T is into has been
initiated by AMN

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Awards & Recognition

Mr. AMN has received 37 prestigious awards in his career
and a few important awards are listed below.
India Management Association (AIMA) in New Delhi.
(February 13, 2004)
TheManagement Man of the Year award from the
Bombay Management Association. (July 26, 2005)
Outstanding Chief Executive Award from the Indian
Institution of Industrial Engineering. (November 12, 2005)
'The Business Leader of the Year' Award from The
Economic Times. (January 21, 2009)
Lakshya Business Visionary Award from the Mumbai
based National Institute of Industrial Engineering (NITIE).
(October 26, 2009)

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Awards & Recognition

Lakshya Business Visionary Award from National Institute
of Industrial Engineering (NITIE). (October 26, 2009)
The Padma Bhushan from GOI (March 31, 2009)

Best CEO of the year Award from the Indian Society for
Training & Development, Bangalore (February 13, 2010)

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Awards & Recognition

Awarded the Golden Peacock Award for Lifetime
Achievement in Business Leadership from the Institute of
Directors (November 13, 2010)
Awarded the prestigious Asia Business Leader Award for
2010 by CNBC Asia for his exemplary business
leadership. (November 26, 2010)
CNBC TV18 India honoured with the CNBC Asia Outstanding Business Leader Award for 2010.
(December 11, 2010)
Conferred a doctorate - 'Doctor of Letters' (Honoris
Causa) by the Sardar Patel University, Gujarat.
(December 15, 2011)
Awarded an Honorary Doctorate from the Gujarat
Technological University. (January 19, 2013)

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Honors of AMN
Honorary Consul General for Denmark.
Nominated as the Co-leader of the India-Malaysia CEOs
Forum, by the Ministry of Commerce and Industry, GOI.
Senior and active member of the CII National Council.
Led the Indian industry's delegation to the 17th Congress
of World Energy Council held at Houston in 1998.
Member of the Board of Trade, Ministry of Commerce,
GOI, Fellow of the INAE and Member of Board of
Governors of the IIM, Ahmedabad.
Appointed as Knight of the Order of the Dannebrog by the
Queen of Denmark, Her Majesty Queen Margarethe. The
Knight Cross was formally presented by the Ambassador
of Denmark, Mr. Ole Lansmann Poulsen, in Mumbai on
February 25, 2008.

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