Competitive Advantage of Mukesh Ambani.

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Competitive Advantage of Mukesh Ambani. by Mind Map: Competitive Advantage of Mukesh Ambani.

1. entrepreneurial skills

1.1. Cognitive skills

1.1.1. he expresses his knowledge about business by running the company thoroughly.

1.1.2. Considered to be a problem solver.

1.1.2.1. During his unjustly lost, he defines the problem.

1.1.2.2. later on, implemented an optimal solution.

1.1.2.3. To evaluate his decision, Makesh thinks on ways to take over the Jio Company.

1.2. Technical Skills

1.2.1. he is an expertise when it comes to technology.

1.2.1.1. With this, the entrepreneur launched a telecommunication company.

1.2.1.1.1. As result his business became successful

1.2.1.2. Furthermore, he mentioned that he will focus more on the techno sector.

1.3. Interpersonal skills

1.3.1. Have a Healthy relationship to his family

1.3.1.1. Despite the split of companies, he and his brother managed to work together and fortunately achieved the Rcom company.

1.3.1.2. While Dhirubhai is his dad and his business partner, he is experienced in business. He followed his father's footsteps in being successful in managing his companies

1.3.2. Ha have a Healthy relationship to the members part of his business

1.3.2.1. Definitely, team work is present because his companies achieved many things.

1.3.2.1.1. they were able to resolve conflicts and decide better acts in improving the business.

2. entrepreneurial character traits

2.1. Achievement Cluster

2.1.1. He is a Risk-taker. He decided to work on a telecom company even though there were already plenty competitors.

2.1.2. Persistent despite his companyies lost

2.1.3. Mukesh is also an opportunity seeker in the telecom sector.

2.2. Planning Cluster

2.2.1. As we can see from his story, he is a goal setter.

2.2.1.1. He already have a plan on what sector he needs to focus on.

2.2.2. When he finally launched the Jio company. He immediately have a plan on how to over take his fellow competitors

2.3. Power Cluster

2.3.1. This entrepreneur also show self-confidence. Even though they say that it is a crazy decision to create another telecom, he still pursue it.

3. entrepreneurial concepts and principles

3.1. His past experience guides him in his businesses.

3.2. He shows how his business impact his life and even the whole country.

3.3. His story shows the different theories in entrepreneurship.