Lakshmi mittal leadership style

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Lakshmi mittal leadership style

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Lakshmi Niwas Mittal Submitted to: Susan Heap Submitted by: Early Years in India Mr. Finished his bachelor degree in commerce and began his early career in his father steel mill in the early 70s He split from his father and two younger brothers and took the international arm Rest of the family kept stick with the domestic business History of Mittal Steel: History of Mittal Steel In Mittal moved to Indonesia and acquired a steel plant ISPAT INDO Group started spreading its activities across the globe in when it acquired an ailing plant in Trinidad and Tobago which was revived His success has largely been built on buying up loss making steel mills and quickly turning them into profit Acquisitions: Acquisition of Sibalsa Acquisition of Sidbec-Dosco Acquisition of Inland Steel Company Business assistance agreement signed with Iscor Acquisition of Nova Hut Slide 8: ArcelorMittal Arcelor Mittal is now the largest steel company in the world.

Current Status Worlds largest and most global steel company with the shipment of His wife Usha runs the Indonesian business His son Aditya and daughter vanisha are the members of the board of directors of Mittal steel: His son Aditya and daughter vanisha are the members of the board of directors of Mittal steel Qualities and Distinctiveness: Corporate Social Responsibility Mittal Steel believes that business should play a major role in supporting the societies in which they operates.

Lakshmi mittal leadership style

In this sense of social responsibility Mittal steels provide their kind support to: Steel makers across Asia are putting defensive measures in place to prevent being swallowed by Arcelor Mittal. Leadership Style A transactional leader: Mittal is a transactional leader who guides and motivates his followers in the direction of established goals by clarifying roles and task requirements.

The Leader in Mittal: A great individual A corporate leader in business Started the trend of mergers around the world A caring family man A complete human being Slide It's about creating the sustainability of the steel industry.ArcelorMittal's major shareholder, Lakshmi Mittal, is reportedly considering entering the takeover battle for Rio Tinto Ltd to secure larger supplies of iron ore.

Mr. Lakshmi N.

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Mittal Arcelor Mittal - Recognized for his evolutionary advancement of a sustainable business model for steel, and for his visionary leadership in strategic industry consolidation resulting in the merger of the world's two largest steelmakers to create Arcelor Mittal.

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Lakshmi Mittal has got transformational leadership approach towards his followers. Mittal through ArcelorMittal organization prioritised leadership as one of the important core values along with the quality of the product and sustainability of the organization in corporate world.

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Billionaire Lakshmi Niwas Mittal was born into an Indian Hindu business family in , one of four children. He graduated from the University of Calcutta and in followed in his father's. MITTAL STEEL co. was formed by the merger of LNM HOLDING and ISPAT grupobittia.comI MITTAL who is the CEO of the company, He and his family hold 88% of the company and its headquarter was in ROTTERDAM NETRHERLAND.

What is Lakshmi Mittal known for