Ratan Tata
Table of Contents
Ratan Tata: Leading the Tata Group into 21st Century 2
Introduction 2
Case Question 1 3 How much of such a transformation can be attributed to one individual? Discuss the role of the leader in initiating and managing change. 3
Case Question 2 4 a) What advantages and disadvantages did the Group gain through the streamlining of businesses? 4 b) Do you think, as of 2009, the Group is still present in too many businesses? 4
Case Question 3 10 Critically discuss the benefits and the risks associated with Ratan Tata’s growth-through-acquisition strategy, especially in the global context. 10
Case Analysis:
References 19
Appendixes 21
Ratan Tata: Leading the Tata Group into 21st Century
Introduction
The Tata Group starts as a private trading firm back in 1868 by Jamsetji Nusserwanji Tata. After 10 years, the company venture into a textile industry called The Central India Spinning, Weaving and Manufacturing. Today, the Tata Group is the largest India’s conglomerate with revenues of US$83.3 billion in the financial year ending 31 March 2011.
The Tata Group businesses comprises of materials, engineering, information technology and communications, energy, services, consumer products and chemicals.
[pic] [pic]
Ratan Tata is the great grandson of Jamsetji and was born on 28 December 1937. Ratan Tata was made the Chairman of the Tata Group since 1991 - 2012.
Case Question 1
The Tata Group has been transformed from a risk-averse, slow moving giant into a more dynamic and aggressive conglomerate.
How much of such a transformation can be attributed to one individual? Discuss the role of the leader in initiating and managing change.
The Leadership Protocol translates the group mission statement into executable leadership for sustainability: “The Tata name is a unique asset representing leadership with trust. Leveraging this asset to enhance
Ratan Tata: Leading the Tata Group into 21st Century 2
Introduction 2
Case Question 1 3 How much of such a transformation can be attributed to one individual? Discuss the role of the leader in initiating and managing change. 3
Case Question 2 4 a) What advantages and disadvantages did the Group gain through the streamlining of businesses? 4 b) Do you think, as of 2009, the Group is still present in too many businesses? 4
Case Question 3 10 Critically discuss the benefits and the risks associated with Ratan Tata’s growth-through-acquisition strategy, especially in the global context. 10
Case Analysis:
References 19
Appendixes 21
Ratan Tata: Leading the Tata Group into 21st Century
Introduction
The Tata Group starts as a private trading firm back in 1868 by Jamsetji Nusserwanji Tata. After 10 years, the company venture into a textile industry called The Central India Spinning, Weaving and Manufacturing. Today, the Tata Group is the largest India’s conglomerate with revenues of US$83.3 billion in the financial year ending 31 March 2011.
The Tata Group businesses comprises of materials, engineering, information technology and communications, energy, services, consumer products and chemicals.
[pic] [pic]
Ratan Tata is the great grandson of Jamsetji and was born on 28 December 1937. Ratan Tata was made the Chairman of the Tata Group since 1991 - 2012.
Case Question 1
The Tata Group has been transformed from a risk-averse, slow moving giant into a more dynamic and aggressive conglomerate.
How much of such a transformation can be attributed to one individual? Discuss the role of the leader in initiating and managing change.
The Leadership Protocol translates the group mission statement into executable leadership for sustainability: “The Tata name is a unique asset representing leadership with trust. Leveraging this asset to enhance
References: 1. Nadkarni A. G. , and Branzei , O. (March/April ,2008) THE TATA WAY: EVOLVING AND EXECUTING SUSTAINABLE BUSINESS STRATEGIES, Ivey Business Journal, U.S.A 2 3. Tata Steel Synergy Annual Report, 2012 (www.tatasteeleurope.com/en/company/ourvision) 4 5. Robinson, (2008), Understanding Business Strategy:Case and Concepts , (2nd edition), Cengage Publications , U.S.A. 6. Hawzamujahid, (2012), International Business: Tata case studywww.studymode.com.essays 7 8. Anonymous, (2008, October 7). Tata Steel Makes It to Fortune 500 List, Indiaserver.com. 9. International Herald Tribune (January 30, 2007). Tata Steel wins bid for Corus. Retrieved February 1, 2013 from http://www.iht.com/bin/print.php?id-4414416 10 11. Tata Steel Ltd. (2006, October 20). Tata Steel board approves Corus acquisition. Retrieved February 02, 2013 from http://www.tatasteel.com. 14. Lea, R. (2007, January 31, 1). Union fears as Tata’s 6.7bn wins Corus. Knight Ridder Tribune Business News 15 18. Deresky, Helen (2011), International Management: Managing Across Borders and Cultures, 7th edition, Prentice Hall 19 20. http://www.economist.com/node/18285497 retrieved on February 2, 2013 21 22. Financial Express (2007, February 13, 2007). Tata to takeover Corus http://financialexpress.com/print_latest.php?content_id=144037 retrieved February 1, 2013 23