Ratan Naval TataPresent Chairman Of Tata Group (A Business Legend)
INTRODUCTION Ratan N Tata born on December 28, 1937, in Bombay. Present Chairman Of Tata Group. He is also the chairman of major Tata companies such as Tata Steel, Tata Motors, Tata Power, Tata Consultancy Services, Tata Tea, Tata Chemicals, The Indian Hotels Company and Tata Teleservices
Childhood Ratan Tata was born into the famous Tata family. A prominent family belonging to Mumbais wealthy Parsi community. He was born to Soonoo and Naval Hormusji Tata. Ratan is the great grandson of Tata group founder Jamsedji Tata
Cont…….His childhood was troubled, with his parentsseparating in the mid-1940s when he was merelyseven and his younger brother jimmy was five yearsold. Their mother moved out and both Ratan and hisbrother were raised by their grandmother ladyNavajbai.
Early career Ratan Tata completed his schooling from Campion School in Mumbai. He completed his BSc degree in architecture with structural engineering from Cornell University in 1962. And the Advanced Management Program from Harvard Business School in 1975. He joined the Tata Group in December 1962, after turning down a job with IBM on the advice of JRD Tata. He was first sent to Jamshedpur to work at Tata Steel.
Career In 1971, Ratan was appointed the Director-in-Charge of The National Radio & Electronics Company Limited (Nelco). In 1981, Ratan was named director of Tata Industries, the Groups other holding company. In 1991, he took over as group chairman from J.R.D. Tata. Under Ratans guidance, Tata Consultancy Services went public and Tata Motors was listed on the New York Stock Exchange.
Contd…… In 1998, Tata Motors introduced his brainchild, the Tata Indica. On January 31, 2007, under the chairmanship of Ratan Tata, Tata Sons successfully acquired Corus Group, an Anglo-Dutch steel and aluminium producer. With the acquisition, Ratan Tata became a celebrated personality in Indian corporate business culture. The merger created the fifth largest steel producing entity in the world. On March 26, 2008, Tata Motors, under Ratan Tata, bought Jaguar & Land Rover from Ford Motor Company. The two iconic British brands, Jaguar and Land Rover, were acquired for £1.15 billion ($2.3 billion).
Personal life Ratan Tata is a shy man, rarely features in the society glossies. He sometimes likes to fly his private jet himself. He has never been married. He is very simple. He likes to wear Hermès ties and matching handkerchiefs.
PRINCIPLES OF TATA’S1. NOTHING WORTHWHILE IS EVER ACHIEVED WITHOUTDEEP THOUGHT AND HARDWORK.2. GOOD HUMAN RELATIONS NOT ONLY BRING GREAT PERSONAL REWARDS BUT ARE ESSENTIAL TO THESUCCESS OF ANY ENTERPRISE.3. NO SUCCESS IS WORTHWHILE UNLESS IT SERVES THENEEDS OR INTERESTS OF THE COUNTRY AND ITSPEOPLE AND IS ACHIEVED BY FAIR AND HONESTMEANS.
Personality Very Dignified Ethical Believes in keeping promises Royal & Believes in relationships Leadership Qualities Tremendous Motivator
What makes him LEADER? Visionary Strategist Initiator Change Champion Risk Taker Expertise A man of integrity
Social Responsibility Community Initiatives Environment The Tata Trust Institutions Sports & Arts
Awards and recognition On the occasion of Indias 50th Republic Day on 26 January 2000, Ratan Tata was honoured with the Padma Bhushan. In February 2004, Ratan Tata was conferred the title of honorary economic advisor to Hangzhou city in the Zhejiang province of China. In 2006 he received the FIRST Award for Responsible Capitalism.
Contd……… In March 2006 Tata was honoured by Cornell University as the 26th Robert S. Hatfield Fellow in Economic Education, considered the highest honor the university awards to distinguished individuals from the corporate sector. He was listed among the 25 most powerful people in business named by Fortune magazine in November 2007. In May 2008 Mr Tata made it to the Time magazines 2008 list of the Worlds 100 most influential people.
Contd……. In 2009 he was appointed an honorary Knight Commander of the British Empire. He has also been conferred an honorary doctorate in business administration by the Ohio State University. An honorary doctorate in technology by the Asian Institute of Technology, Bangkok. An honorary doctorate in science by the University of Warwick.
Contd… An honorary fellowship by the London School of Economics. He has recently received an honorary Doctor of Law from the University of Cambridge. In 2010, Ratan Tata was named one of the 50 People Who Matter 2010 by New Statesman Magazine
“The hundred years from now,I expect Tatas to be muchbigger,ofcourse,than it is now.More importantaly,I hope thegroup comes to be regarded as being the best in India. Best inmanner in which we operate,Best in the products we deliver ,and best in our system & ethics . Having said that , I hope thata hundred years from now we will bread our wings far beyondIndia , that we become a global group , operating in manycountries , as Indian business conglomerate that is at home inthe world , carrying the same set of trust as we do today” -------RATAN N. TATA
Presented By:- Abhilash N Murthy 1st sem A sec PESSE