Michael Dell

Moh. Rizin Mohit Shukla

Introduction
Born: February 23, 1965 Parents: Father: Orthodontist Mother: Stock Broker Education: Attended the University of Texas Married to Susan Lieberman in October 1989
Recognize that there will be failures, and acknowledge that there will be obstacles. But you will learn from your mistakes and the mistakes of others, for there is very little learning in success.

Michaels Entrepreneurial Spirit

Michael at 8: Michael makes a serious attempt to earn his high school diploma more quickly by passing a test and invites a person from a testing company.

Michael embarks upon his very first business venture. Fascinated with stamps and commercial opportunities they offer Michael at
12:

Dell got his first computer, an Apple II and soon realized that he had a knack for taking computers apart and putting them back Michael at together. 14:

Whether youve found your calling, or if youre still searching, passion should be the fire that drives your lifes work.

Cont..
Michael at 16: Michael gets a summer job selling newspaper subscriptions to The Houston Post and learns the power of market segmentation.

Michael, a freshman student at the University of Texas in Austin, applies for a vendor's license and starts selling high-performance computers upgraded by him. He declares he ultimately wants to Michael at 18: compete with IBM and registers the company "PC's Limited". Michael incorporates "Dell Computer Corporation" with initial start-up investment of $1,000. He finishes his freshman year and Michael at leaves the University to devote himself to the venture, full-time. 19:

Cont..

Michael at 27:
Michael becomes the youngest CEO of a company ever to earn a ranking on the Fortune 500.

Philanthropy

In 1999, Michael and Susan Dell established the Michael and Susan Dell Foundation, which focuses on children's causes. The foundation has provided $65 million in grants to three health-related organizations associated with the University of Texas

DELL

HP started in 1939.

IBM joined in computer industry since 1980 but this company had a strong foundation from 1880s.

Acer started in 1976.

Apple was founded in 1976.

Dell was founded in 1984.

The Journey
1988 IPO year to go public listed

1994 record breaking battery life for latitude notebook lauched

1999 - #1 PC company in USA and largest worldwid e market for PC.

1989 1st major stumbles for Dell, Inc due to Olympi c program.

1996 Dell goes online in www.dell .com. Reaches sales $1m per day, $5.3b in this year.

2004 Michael gave up his CEO to Kevin and remain as chairman .

Criticism
1997 Dell Inc -$50,000 for selling computers in Iran in violation of
sanctions.

July 2010 Dell Inc Paid $4 million penalty to settle SEC charges of
disclosure and accounting fraud in relation to undisclosed payments from Intel Corporation. Dell Inc.

April 2011 Dell Inc- American Magnate: Michael Dell: How a

homegrown geek outsourced, downsized, and tax-breaked his way to the top. Spending on luxurious homes and private jet travel with his pursuit of tax breaks and tax holidays and Dell Computer's eventual off shoring of jobs overseas after receiving the incentives for setting up shop locally

Leadership Style
Saw great

opportunity to
provide computing technology in a more efficient way
Visionary

The more mistakes I made, the faster I learned. Micheal Dell

Internal Locus of control and Ability to Learn

Micheal Dell did care for neither only people nor only task, he cared for both
ChangeOriented Behavior

Gathered opinions about What is the right plan?

Downward Consultation

Employees can help to achieve goals only if DELL is genuinely devoted to their long-term growth & development
Develop and train People

Planning is nothing without execution

Cherished difference and thought difference can breed innovation

Innovator

Action Oriented Leader

Awards & Achievements

"Entrepreneur of the Year" (at age 24) from Inc. magazine. "Top CEO in American Business" from Worth magazine. CEO of the Year" from Financial World, Industry Week and Chief Executive magazines. Served as a member of the U.S. President's Council of Advisors on Science and Technology. Serves on the Foundation Board of the World Economic Forum. Dell's 1999 book, Direct from Dell: Strategies

Conclusion
Have clear goal and powerful vision for the future. Be an Innovator.

S U C E S S

Ability to handle change and extract opportunities. Courage to take risks of doing new things and should be eager to pioneer in his field.

Must admit and identify what he doesnt know and face it. He should learn from mistakes and acquire talents he needs.
Must have high ethical responsibility for both business and private life. He should keep good balance among them.

Thank You