The CMO Survey - Highlights and Insights Report - Spring 2024
Ratan Tata A Contributor
1. Ratan Naval Tata
Present Chairman
Of Tata Group
(A Business
Legend)
2. INTRODUCTION
1. Born: December 28, 1937.
2. Achievement: Honored with Padma Bhushan, one of
the highest civilian awards in 2000.
3. Present Chairman Of Tata Group.
4. He has taken Tata Group to new heights and under his
leadership, Group's revenues have grown manifold.
4. CHILDHOOD
Ratan Tata was born into the famous Tata family.
A prominent family belonging to Mumbai's
wealthy Parsi community.
He was born to Soonoo and Naval Hormusji Tata.
Ratan is the great grandson of Tata group
founder Jamsedji Tata.
5. CHILDHOOD
His childhood was troubled, with his parents separating
in the mid-1940s when he was merely seven and his younger
brother jimmy was five years old.
Their mother moved out and both Ratan and his brother
were raised by their grandmother lady navajbai.
6. Ratan Tata succeeded his uncle JRD Tata as Group
Chairman in 1991.
He became Chairman of Tata Companies – Tata Motors, Tata
Steel, Tata Power, Tata Consultancy Services, Tata Tea, Taj Hotels,
Tata Chemicals and Tata Teleservices.
First 3 to 4 yrs were engaged in struggles with the satraps.
Thrust was equally on technology driven leadership, global
competitiveness and being among the top three domestically,
regardless of the line of business.
9. Opportunities
Adaptability
Changing Champions
Business Ethics
Threats
Risk Takers
Perfectionists
Question the unquestionable
10. PRINCIPLES OF TATA’S
1. Nothing worthwhile is ever achieved without deep
thought and hard work.
2.Good human relations not only bring great
personal rewards but are essential to the success of
any Business.
11. PATH GOAL LEADERSHIP THEORY
• According to this theory a leader can adopt any of
the 4 styles while following the path and goal
concept .They are:
Directive style.
Supportive style.
Achievement style
Participative style.