Living legend, Introduction,House of tatas, Early life and education,personal life,achievements,aquisations,leadership, personality,what makis him leader,qualities,Managerial grid,Awards and recognition,conclusion
1. “I don’t believe in taking
right decisions. I take
decisions and make them
right”
(Always believe in your ability and efforts).
2. From driving cars to flying
choppers,
from
charity
to
business strategy , he does it
all, and does it passionately.
But, despite being cynosure of
all eyes, very little is known
about his life.
3.
4. Introduction
Born to Naval Tata and Soonoo Commisaria on
December 28,1937, he belonged to the prominent
TATA family of the Parsi community.
He is the Great Grandson of Jamshedji Tata .
5.
6. EARLY LIFE AND EDUCATION
His parents got seperated in 1944.
He was brought up by his Grandmother Lady
Navajbai Tata
He did his Schooling in Mumbai-Campion school
Later he went on to earn his Bsc in Architecture
with structural engineering in 1962 from Cornell
University
Advanced management from Harvard Business
school
He joined Tata group in 1962 after turning down a
job with IBM on advice of JRD Tata. He was
first sent to Jamshedpur to work at Tata steel.
8. Achievements
In 1971 Ratan Tata was appointed the Director-in-charge
of The National Radio & Electronics Company Limited
(Nelco)
In 1981 ,Ratan Tata was named director of Tata industries
,group’s other holding company
In 1991,he took over as group chairman from
J.R.D.TATA
Under Ratan’s guidance ,Tata consultancy service went
public and tata motors was listed on New York stock
Exchange
9. ACHIEVEMENTS CONTD..
In 1998,Tata motors introduced his
brainchild ,the Tata Indica
On January 31,2007 Under his
Chairmanship ,Tata sons acquired
CORUS group,an Anglo –Dutch
steel and aluminium producer .With
the acquisition ,Ratan Tata became a
celebrated personaity in Indian
corporate buisness culture .the merger
created the fifth largest steel
producing entity in the world
On march 26,2008,Tata
motors, bought Jaguar & Land Rover
from ford company .
The two iconic British brands ,Jaguar
and Land rover ,were acquired for
$2.3 billion
10. Major Acquisitions
2002: Tata Sons acquires a 25 per cent stake in VSNL from the
government for Rs. 1,439 crore. Tata goes on to increase its
stake in the company and renames the company Tata
Communications Ltd.
2004: Tata Motors acquires the heavy vehicles unit of Daewoo
Motors in South Korea for $102 million.
2005: Tata Steel buys out Singapore’s largest steel company
NatSteel—with operations in
Singapore, Thailand, China, Malaysia, Vietnam, the Philippines
and Australia—for around $365 million.
2005: Indian Hotels acquires a Starwood-managed hotel in
Sydney from the Hong King-based Harilela Group for $36
million.
2006: Taj buys the Ritz-Carlton hotel in Boston for $170 million.
2007: Tata Steel acquires Anglo-Dutch steelmaker Corus for
$11.3 billion.
2007: Taj group acquires Campton Hotel in San Francisco for
$58 million.
11. 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.
12. 2008: Tata Motors acquires the Jaguar and Land Rover
businesses from Ford, and forms a new company, Jaguar Land
Rover.
13. 2012: Tata Global Beverages and Starbucks form a joint
venture, Tata Starbucks Ltd, and open their first store in
Mumbai.
14. Leadership
Leadership according to some famous people:
John Harvey Jones ―Getting extraordinary performance out of
ordinary people‖.
Napoleon ― Dealing in hope‖
Leader has a bigger, higher purpose for you and your organization that
expresses responsiveness to community
It requires a Knowledge-base and Expertise which few have, but can be
developed with effort and dedication.
Leadership is a result of:
(a) Strong Will-Power
(b) Hard work.
(c) Vision-example of his futuristic vision is Nano. ―What drove me — a
man on a two-wheeler with a child standing in front, his wife sitting
behind, add to that the wet roads — was a family in potential danger,‖
said Ratan Tata, while explaining why he went for the Nano.
(d) Choosing the right priorities
Leaders use creative rather than reactive tendencies to get results.
16. What makes him a leader
Vision and mission
Self knowledge and Expertise
Process of growth-
December 27, 2012: Ratan Tata retires on his 75th
birthday this week, handing over the baton of his business
to Cyrus Mistry, the first chief appointed from outside the
immediate Tata family in its 144-year history. While Ratan
Tata has been credited with transforming the Tata group
into a streamlined conglomerate of more than 100
companies and earning a global reputation for his
consolidation and expansion strategies, I am looking at his
leadership traits and how those traits influenced the group
and made him the most powerful Indian Chief Executive
Officer (CEO) brand globally.
17. Leadership quality
His qualities
Visionary
Strategist
Initiator
change champion
Risk taker
Expertise
A man of integrity
Ideal qualities
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Personal Integrity
Willingness to accept
responsibility
Understanding People
Communication
Selflessness
Confidence
Intuition
Vision
Ability to make decisions
Ability to simplify situations
18. Managerial Grid
Managerial Grid
Ratan Tata a 9,9 manager
Work accomplished is from committed people with
interdependence through a common stake in organization
purpose and with trust and respect
19. What the most powerful people
have to say
Ratan Tata is leaving behind "lessons enough for ages" after leading
the Tata group for over two decades, Infosys cofounder N R
Narayana Murthy said. The legacy of Tata, who retires as chairman
of the group on Friday, is not just about the numbers but also the
manner in which he has grown the business with a strong
underpinning of values, he said. Murthy, the prime mover behind the
growth of Infosys into a $7 billion (Rs 38,000 crore) software
exporter, told ET NOW's Chandra R. Srikanth in an interview that
the governments in New Delhi and Mumbai should seek Tata's counsel
on accelerating economic reforms
20. Awards and Recognition
On 50TH Republic Day on january 2000 –Padma Bhushan
February 2004-title of honoraray economic advisor to
Hangzhou city in Zhejiang province of China
In 2006-first award for responsible Capitalism
In March 2006 was honoured by Cornell university as
26th Robert S.Hatfield fellow IN ecnomic
educaion,consideed highest honour eh uniersity provides
Listed among 25 most powerful people in usiness by
Fortune Magazine –nov 2007
May 2008 -times magazine’s 2008 list f world 100 most
infletial people
21. Awards and Recognition contd…
Doctor of law from the university of Cambridge
2010-Ratan Tata was named one of the 50 people
who matter 2010 by New Statesman Magazine
22. conclusion
Though there are different models around
leadership, mostly all successful leaders do three things.
One, with a vision and purpose, add value and create a
new possibility. Two, build next-in-line leaders and
leadership pipeline. Three, be a role model, authentic and
self-aware. Ratan Tata is an ideal example of a leader
demonstrating all these three things.