The document summarizes information about the Aditya Birla Group, a prominent Indian family-managed business. It discusses how the group was founded in the 1850s and expanded over generations under leaders like Ghanshyam Das Birla and Kumar Mangalam Birla. Today the group operates several listed companies across sectors like chemicals, cement, metals, textiles and telecom with a combined revenue of over $48 billion. The values of continuity, tradition and growth set by its founder continue to guide the diversified global operations of the Aditya Birla Group.
3. Introduction of FMB
A family managed business is a commercial organization in
which decision making is influenced by multiple generations of
the family.
Family business include by blood , marriage or adoption who has
both the ability to influence the vision of the business & the
willingness
They are closely identified with the firm through leadership or
ownership
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4. Types of FMB
Family owned business:-As the name suggests a family-owned business in one in
which the controlling size of the ownership stakes is owned by the family or
by the member of the family.
Family owned and managed business:- In these kind of business the controlling size of
ownership lies in the hand of the single family or by a single member of a
family.
Family owned and led business:- In such business along with the ownership of majority
stake by the family , at-least one member of the family is a member of the
board of director.
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6. Introduction of Birla group
Today we will talk about a name that represents ‘continuity
and growth , adherence to tradition and relentless –
aspiration – to do better for themselves and in the process
build better and more self reliant India’.
~THE BIRLAS.
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7. FOUNDER AND ESTABLISHMENT OF BIRLA
GROUP :
A setller name SHIV NARAYAN BIRLA began trading in 1850s
and the business flourished
Many cotton ginning units were set up around this time in
Ahmedabad to export clean the cotton export and Shiv
Narayan Birla sensed an opportunity
The next significant surge in the Birla empire came from
Ghanshyam Das or GD who established the GM Birla Group
Company in 1911.
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8. KUMAR MANGLAM BIRLA
The next generation of the Birla empire is now identified with
KUMAR MANGALAM BIRLA who is Chairman of Aditya
Birla group .
KUMAR MANGALAM BIRLA studied to be a charted
accountant n then acquired an MBA from the London
business school
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17. The transfer of values
Aditya Birla who as 24 years began to dream of international success
Much before Indian business house began to go global this companies went on
to becamr the world’s largest producer of VISCOSE STAPLE FIBER
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19. AWARDS TO ABG
Tie confers global entreprenuer of the year award,2021.
ATD Excelence in practice award,2020.
Leader award for Mega Carge Buissness ,metal sector at Frost And Sullivan and
TERI Sustainability 4.0 Awards 2019.
AON Best Employer Award, 2018.
IDEA Cellular wins the Economic Times[Emerginig company of the year] award
in year ,2009.
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20. Companies opened by Birlas
HINDUSTAN TIMES was co founded by Ghanshyam Das Birla IN 1924 and fully
acquired by in 1933.
HINDUSTAN MOTORS was established in 1942.
As the 20th century unflured GHANSHAM DAS BIRLA pushed the envelope abit
and more and founded business also in Aluminium,Cement and Chemicals.
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21. CONCLUSION
VISION
To be premium globle conglomerate with a clear focus on each of the business.
MISSION
To delevier superior to their customers ,shareholders,employees and society at
large.
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