Ratan Tata is the former Chairman of Tata Group, one of India's largest conglomerates. He had a long and successful career leading the Tata Group, bringing it into new industries and making major acquisitions. As a leader, he displayed traits of being visionary, taking risks, and having the ability to inspire others. Some of his major achievements include launching new Tata vehicles, acquiring Tetley Tea and Corus Steel, and expanding Tata Consultancy Services. While a democratic and transformational leader, he also took an autocratic approach during large acquisitions. Despite initial criticism of some deals, they proved very successful in the long run.
2. Personal life
ex- Chairman of the Tata Group of Companies
born on 28th Dec 1937.
grandson of TATA GROUP founder.
Brought up by his grand mother
one of the leading Indian industrialists
Early education:
Campion school
in Mumbai,
bishop cotton
school in Shimla
1962:
In architecture
with structural
engineering from
Cornell
university
1975: advance
management
program from
Harvard
university
3. Carrier and struggle in life
1962 Started carrier in family business with
Tata steel division.
1971 Appointed as director in charge of
NECLO to help it financially.
1977 Moved to struggling textile mill with Tata
group, later on moved to Tata industries.
1991 Appointed as new chairman of the Tata
group of companies
By this time he faced so many problem but with his creative
thinking and ability to lead organization he gain lots of knowledge
and experience about successful business
4. Characters as Leader
Humility Integrity
Doer(not
just speaker)
Soft spoken
tone
Workaholic
Visionary
leaders
Personal
interests
Risk
taker
Cool
demeanour
Ardent
collector
Great
grasping
power
Encourage
others
6. STRENGTHS
1.VISIONARY
2Think Big…and small as
well
3.Risk taker and Initiator
4. Ability to spot the talent
“ To be a leader you have got to
lead human beings with affection"
•The Tata group’s global footprint spans more
than 100 countries in six continents.
•The launch of the Nano is the result of that
work.
Ratan was the chief
architect of the Corus
deal. I was worried
about the magnitude
and the amount of
money.
But he instilled
confidence
Muthuraman,
Ex Managing Director,
Tata Steel
7. Honesty
• Your business and its
employees are a
reflection of yourself,
and if you make
honest and ethical
behavior a key value,
your team will follow
suit.
• “knowledge and experience can be
acquired, but honesty was in the DNA.”
Commitment
• By proving your
commitment to the
brand and your role,
you will not only earn
the respect of your
team, but will also
instill that same
hardworking energy
among your staff.
Ability to Inspire
• in the beginning stages of a
startup, inspiring your team
to see the vision of the
successes to come is vital.
• Make your team feel
invested in the
accomplishments of the
company.
• Tata Tea's takeover of iconic UK
brand Tetley, a company three times
its size, for $450 million in 2000 was
then the biggest international
takeover by an Indian company.
8. LEADERSHIP STYLE
Democratic style
encourages his
group &
creating good
communication
and
participation.
long-term
and short-
term
strategies are
formulated
by the lower
rank of the
leadership.
Autocratic style
aggressively
pushes for bold
international
deals such as
during the global
acquisitions of
business
powerhouses
such as Corus,
Jaguar and Land
Rover, and
Tetley Tea.
Max Weber's Leadership
CHARISMATIC STYLE
highly innovative ideas such as £1200 (Rs. One
Lakh) car the 'Nano', budget hotels or low-end
watches.
TRANSFORMATIONAL STYLE
Thus RATAN TATA is a TRANSFORMATIONAL
LEADER who’ve chosen the path of Nishkam Karma
and his motivation is important because what it provides
are lessons in doing the right things in pragmatic ways.
9. ACHIEVEMENTS OF RATAN TATA
In 1998, Tata Indica, the conglomerate's first passenger car, was
launched this year. The car went on to become the No. 1 brand in
its segment within two years.
In 2000, Tata Tea, now Tata Global Beverages, acquired the
Tetley group, the world's second largest manufacturer and
distributor of tea. Tetley is the largest tea company in the UK.
In 2001, Tata AIG, a joint venture between the Tata group and
American International Group Inc (AIG), marks the re-entry of the
Tata group into the insurance sector.
In 2002, The group acquires a controlling stake in Videsh
Sanchar Nigam Ltd. VSNL was founded in 1986 and was the first
Indian PSU to be listed on the New York Stock Exchange.
10. ACHIEVEMENTS OF RATAN TATA
In 2003, Tata Consultancy Services became the first
Indian software company to cross $1 billion in revenue.
In 2004, Tata Motors is listed on the New York Stock
Exchange. The company also acquires the heavy
vehicles unit of Daewoo Motors the same year.
In 2007, Tata Steel acquires Anglo-Dutch company
Corus, the second-largest steel maker in Europe
In 2008, Tata Motors unveils the Nano, the country's
cheapest passenger car. It was initially dubbed the Rs. 1
lakh car, though it now costs Rs. 1.5-2 lakh and also
acquires the Jaguar and Land Rover businesses from
Ford, and forms a new company, Jaguar Land Rover.
11. WEAKNESSES
• LESS AUTOCRATIC
• SUCCESSOR
• DEPENDABLE
THREATS
• RISK TAKER
• Eg:Many critics
• “The Corus deal would
lead the group to
bankruptcy", critics
declared…..but today
it is one of the most
successful acquisition.
12. Nelco & empress mills
Tata Tea and Assam
The Radia tapes
Mamata, Nano and Singur
Struggling Nano
