Ratan Tata - A Business Legend


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Ratan Tata - A Business Legend

  1. 1. RatanTata – A Business Legend
  2. 2.  Ratan Tata was born on December 28, 1937 in Mumbai. He did his schooling in Mumbai at the Campion School and the Bishop Cotton School in Shimla and finished his secondary education at the Cathedral and John Connon School.  He completed his B.S. in architecture with structural engineering from Cornell University in 1962.  He started his career in the Tata group in 1962  He initially worked on the shop floor of Tata Steel, shovelling limestone and handling the blast furnace INTRODUCTION:-
  3. 3.  Ratan Tata has also served in various organizations in India and abroad.  He is the chairman of two of the largest private-sector-promoted philanthropic trusts in India.  He is a member of the Indian Prime Minister’s Council on Trade and Industry. He is the president of the Court of the Indian Institute of Science and chairman of the Council of Management of the Tata Institute of Fundamental Research.  He also serves on the board of trustees of Cornell University and the University of Southern California. Early Career
  4. 4. Mr Tata serves on the board of directors of Alcoa, and is also on the international advisory boards of Mitsubishi Corporation, JP Morgan Chase, Rolls-Royce, Temasek Holdings and the Monetary Authority of Singapore. He also serves on the program board of the Bill & Melinda Gates Foundation's India AIDS initiative. He completed the Advanced Management Program at Harvard Business School in 1975. In 1981, Ratan was named director of Tata Industries, the Group's other holding company.
  5. 5.  Nothing worthwhile is ever achieved without deep thought and hardwork. Good human relations not only bring great personal rewards but are essential to the success of any enterprise. No success is worthwhile unless it serves the needs or interests of the country and its people and is achieved by fair and honest means. Principles of Tata:-
  6. 6. o In 1991, Tata was appointed as the chairman of the Tata group. He was also chairman of the major Tata companies, including • Tata Motors. • Tata Steel. • Tata Consultancy Services. • Tata Power. • Tata Global Beverages. • Tata Chemicals. • Indian Hotels • Tata Teleservices. o During his tenure, the group’s revenues grew manifold, totalling over $100 billion in 2011-12. Ratan Tata as chairman of the Tata group:-
  7. 7. Under his stewardship, Tata Tea acquired Tetley. Tata motors acquired Jaguar Land Rover . Tata Steel acquired Corus which have turned Tata from a largely India- centric company into a global business, with 65% revenues coming from abroad.
  8. 8. RatanTata is the Major reason for the development of the  Tata Ace(2005)  Tata Indica (2008)  Tata Nano(2011)
  9. 9. On 28th December 2012, Ratan Tata retired from the Tata group. It also happened to be his 75th birthday. He received the Padma Bhushan in 2000 Padma Vibhushan in 2008 Lifetime Achievement in 2012 Award awarded by Rockefeller Foundation.
  10. 10. Awards and Achievements:- 2004 - Honorary Degree of Doctor of Technology by Asian Institute of Technology. 2005 - Honorary Doctor of Science by University of Warwick. 2006 - FIRST Magazine Award for Responsible Capitalism. 2006 - Awarded the 26th Robert S. Hatfield Fellow in Economic Education by Cornell University. 2007 - Carnegie Medal of Philanthropy by Carnegie Endowment for International Peace. 2008 - Honorary Doctor of Science by Indian Institute of Technology Kharagpur. 2008 - Honorary Doctor of Law by University of Cambridge. 2008 - Recipient of the 'Global Indian Award' at the NASSCOM Global Leadership Awards . 2009 - Ratan Tata was knighted as a Knight Commander of the Order of the British Empire. 2010 - Business Leader of the Year by The Asian Awards. 2010 - Honorary Doctor of Laws by Pepperdine University. 2010 - Legend in Leadership Award by Yale University. 2012 - Honorary Degree by The University of New South Wales.