Task 1 (A)

1) Manu Chhabria

MR Chhabria is the founder of the Jumbo group was the guiding force in built up the $1.5 billion Jumbo Empire. In 1974 he was founding the Jumbo group electronics in Dubai with simple capital but great vision .he was graduated from Harvard University business school that is the one of reason leading him do most Indians did not dare. 

Visionary

The definition of visionary is showing or having a clear idea of what should happen and do in the future and having or showing a strong imagination. From the Manu Chhabria I can exactly know what the visionary is. For every successful entrepreneur there is so much we can learn from them.

 Manu Chhabria was from India, but we few can see that he was one of the first India generation which had such great achievement especially in short times. In his early life when he was child, he was very stubborn person and always focused on just playing.. He always kept observing while silent. He can remember all things happen in his childhood life even he can trace to 30 years ago. Al least for me, the most things happened in my child life I can’t remember fully. His dream eyes as the he have the big dream. He can do what most India people even cannot dare. When India was still in the license Permit Raj and the global environment did not do so much clearly. Mr. Chhabria transfers his company moving to Dubai which the company was famous with the Jumbo group. At those times nobody could say his decision was right or wrong. But the result is what he did. I think I only can use the world “visionary “ to describe this decision. In most of his educated colleagues settled for comfortable job in US which he was dreaming himself to be one of greatest entrepreneur one day. He start his first shop was in Lamington road of Dubai, his business core was the best for quality of product and services. I think these perfection trait is also one of reason to make the Jumbo company can growing to the empire. The Jumbo Corporation was start setting capital only 50000AED, and make the JUMBO successful story can defined was the MR MC make contract with the SONY Corporation. It let the Jumbo becoming the world first distributor in the Gulf. While the company grew faster, his ambition become big and big. He dreamt of an empire through takeover mechanisms. The metamorphosis began. It was like a conqueror and his conquests. In 1985, he took over Shaw Wallace, one of liquor majors in India. When he was finished the first takeover, he never stop his forward footstep. Again in 1984, he get the UK based Dunlop Rim and Wheel Ltd.’s stake in Dunlop India, which was the countries biggest tier marker.

I cannot stop my footstep which because nowadays the world innovate so fast. All everything I can do only study and practice. As what he highland in the business core, we need offering the customer best service and best product. Every success can also been possible, he thanking to every member who make effort to make the company bigger. Finally, jumbo group was grown into consumer electronics giant and is among the UAE’S first transnational corporations with global present. This is a great example of why this individual was successful, he had a vision and he executed it.