Preview

Ratan Tata and his Leadership qualities

Good Essays
Open Document
Open Document
601 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ratan Tata and his Leadership qualities
Today's modern India in a way is very much indebted to Jamsetji Tata, known as "The Father of Indian Industry.” While, he himself couldn’t completely fulfill the missions of starting Tata industries, he laid the foundation for success, only to be fulfilled by his great grandson, Ratan Tata who became the successor of Tata Group and gave a glorious expression to each of his dreams. Ratan Tata is the present Chairman of Tata Group, who consolidated and expanded the business from him and made Tata one of the most prestigious brands in Southeast Asia. His Vision led the Tata Group become one of India's largest business conglomerates and in recent years has made significance presence at international level by various Acquisitions.
The qualities that people admire about him are his sincerity and total devotion. He is a workaholic. One of his democratic qualities is the discussion in a small group, when all those present could open up and freely express their views on all subjects. This quality more defines his Democratic leadership style. Usually, when a person gets promoted to a higher position in the hierarchy, his attitude towards the bottom level and his workplace gets changed. He was a deputy chairman before the Board of Directors appointed him as the chairman. The chairmanship of TISCO (then known as Tata Iron and Steel Company, now Tata Steel Ltd.) did not change him. He evoked support from his team and he still does. Ratan Tata is not the type of boss who is given to thumping the table. He softly mandates, and those to whom the message is addressed get the point very clearly. He thinks big and encourages others to do likewise. He does not discourage those who occasionally fail to deliver. When dealing with difference of opinions, he will convincingly present his point, but at the same time, he will also carefully listen to the point of view of others and then come to an agreement. “We are organized more like a telephony model system, which is not one of

You May Also Find These Documents Helpful

  • Better Essays

    Costco Research Paper

    • 1144 Words
    • 5 Pages

    He is doing a great job to balance employees, suppliers, members and shareholders’s interests. He likes to visit his warehouses very often, he spends forty weeks on the road to check out the performance of his stores. He believes that his role in the company is the same as each member of the organization and he is very humble and does not put himself on a pedestal to be above everybody else. His leadership is very authentic and has a strong connection with his employees and they genuinely like their boss. He answer his own phone and has an office with no walls which is very welcoming to every person of the company. He never forgot his roots, he started his retail experience unpacking mattresses and has strong working-class values.…

    • 1144 Words
    • 5 Pages
    Better Essays
  • Good Essays

    House of Tata

    • 2820 Words
    • 12 Pages

    In 1991 the Indian government introduced a series of drastic reforms, liberalizing its government owned and controlled economy. Product expansion and new market entry became easier for companies in virtually every sector of the economy. This presented Tata with many opportunities to leverage its strong brand equity and financial resources to enter new markets and industries. The strong brand image gave it a tremendous advantage over competitors in a variety of industries. However, the government reforms also lowered barriers to entry and increased competition in all of Tata’s industries. Foreign companies flooded into India, threatening to take market share from Tata companies. The world was globalizing and India was liberalizing its economy. Tata was forced to consider its strengths and weakness, analyze its many businesses and their industries, and evaluate the threats and opportunities presented by this changing global economy.…

    • 2820 Words
    • 12 Pages
    Good Essays
  • Powerful Essays

    Tata Motors Case

    • 4354 Words
    • 18 Pages

    Tata Motors is an automotive company to take notice of. Representing the evolving Indian population and growing economy of one of the world’s key emerging markets, it is a market leader for commercial vehicles and third for passenger vehicles in the Indian market. It shocked the world by introducing the $2000 Nano in 2009 and also by growing its portfolio by purchasing Jaguar Land Rover, a company that at first glance embodies values and skills very different to its own. At the same time, Tata Motors has also made some very smart global moves through its purposeful joint ventures and subsidiaries and through its product adaptions to the local markets. However, Tata Motors needs to fully understand its domestic market, as well as the global automotive industry, in order to create a strategy that will ensure its future total success.…

    • 4354 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    HRM Essay

    • 1805 Words
    • 6 Pages

    According to me due to his intelligence and energetic levels he would also be able to inculcate leadership and adapt certain principles in the organisation in order for it to run efficiently and smoothly. He would follow a democratic leadership style where he will consult many employees in the organisation before taking any important decision regarding the company’s future. Certain theories relating to leadership are needed in many organizations for it to perform on a high scale.…

    • 1805 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Fred Smith Essay

    • 1225 Words
    • 5 Pages

    Furthermore, he is also very inspiring to his employees. He is enthusiastic, energetic and positive about the future. He is someone who will be willing to place the welfare of those in his charge before his own in his organization. This will make his employees to show loyalty and willingness to…

    • 1225 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Indra Krishnamurthy Nooyi, who is a woman comes from India, she is a manager and leader of PepsiCo Incorporated. At her age of 50, she became the CEO. Leader is a role of a team or organization, the ideas he/she thinks about and the strategy he/she decides will play an important role in a group. In addition, being a successful leader generally needs to have more high requirements, such as the managerial knowledge, communicational skill, creative ability and especially his/her leadership style. There is no doubt that Nooyi can be equal to such a great position today because she not only is equipped with these conditions but also she has an excellent leadership style. According to Darling and Leffel's (2001) framework, this paper will evaluate how Indra Nooyi develops her leadership style of Analyzer and Director and become a successful as well as effective leader.…

    • 1093 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Tata Motors is the biggest subsidiary of Tata Group founded as a trading company dealing opium in 1868 in Bombay, India by Jamshetji Nusserwanji and Tata Motors, is currently operated by his grandson Ratan Tata. According to the Tata Motors web site (2009), the company was listed in the New York Stock Exchange as the…

    • 5907 Words
    • 24 Pages
    Powerful Essays
  • Good Essays

    The Tata Group transformation can be greatly attributed to the vision and execution of Ratan Tata. He was greatly responsible for the tremendous transformation because he was able to take his vision for the group and transformed it into a reality. By enforcing a mandatory retirement age policy which removed a lot of top management, who were challenging the core functions of the group and hindering growth, Ratan Tata implemented this as one of the first major changes in is rein. By replacing these individuals, he made a way for young fresh talent to bring new ideas to the group. In addition he implemented and created a Group Executive Office whose members were represented on the boards of the Tata companies, in addition to Tata Business Excellence Model (TBEM) that he introduced which was the Tata Group’s largest change initiative. The Tata Business Excellence Model (TBEM) was implemented and maintained through Tata Quality Management Services and its specific processes. Ratan Tata demonstrated a democratic leadership style that entailed openness to ideas with the group. With this his leadership approach he encouraged the executives and managers to be more open, brave and insistent with their ideas and plans and he also played a very supportive role in their proceedings.…

    • 858 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Tata's business dealings reflect the bolder side of his personality. In the past four years he has embarked on an…

    • 3652 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Tata Corus Acquisition

    • 2280 Words
    • 10 Pages

    The Tata Group is an Indian multinational conglomerate company headquartered in the Bombay House in Mumbai, India. In terms of market capitalization and revenues, Tata Group is the largest private corporate group in India. It has interests in chemicals, steel, automobiles, information technology, communication, power, beverages, and hospitality. The Tata Group has operations in more than 80 countries across six continents and its companies export products and services to 80 nations. The Tata Group has adopted unrelated diversification comprising 114 companies and subsidiaries in eight business sectors, 27 of which are publicly listed. 65.8% of the ownership of Tata Group is held in charitable trusts. Companies which form a major part of the group include Tata Steel (including Tata Steel Europe), Tata Motors (including Jaguar and Land Rover), Tata Consultancy Services, Tata Technologies, Tata Tea (including Tetley), Tata Chemicals, Titan Industries, Tata Power, Tata Communications, Tata Teleservices and the Taj Hotels.…

    • 2280 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Tata group has a decentralized structure. Every Tata company or enterprise operates independently. Each of these companies has its own board of…

    • 427 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    The Birth of Pioneer: Jamshetji Nusserwanji Tata: was born to Nusserwanji and Jeevanbai Tata on 3 March 1839 in Navsari, a small town in South Gujarat. Nusserwanji Tata was the first businessman in a family of Parsi Zoroastrian priests. He moved to Bombay and started trading. Jamshetji joined his father in Bombay at the age of 14 and enrolled at the Elphinstone College. He was married to HirabaiDaboo while he was still a student. He graduated from college in 1858 and joined his father 's trading firm. It was a turbulent time to step into business as the Indian Rebellion of 1857 had just been suppressed by the British government. Jamshedji worked in his father 's until the age of 29. In 1868, he started a trading company with a seed capital of Rs. 21,000. In 1869, he acquired a bankrupt oil mill in Chinchpokli, converted it into a cotton mill and renamed the mill Alexandra Mill. He sold the mill two years later for a healthy profit. Thereafter he set up a cotton mill in Nagpur in 1874. He christened it Empress Mill on 1 January 1877 when Victoria was proclaimed Empress of India. He devoted himself to bringing to fruition four of his key ideas: setting up an iron and steel company, a world-class learning institution, a one-of-a-kind hotel and a hydro-electric plant. “We do not claim to be more unselfish, more generous or more philanthropic than other people. But we think we started on sound and straight forward business principles, considering the interests of our shareholders, our own, and the health and welfare of the employees the sure foundation of our success.”- J. N. Tata (1839-1904)…

    • 7995 Words
    • 32 Pages
    Powerful Essays
  • Powerful Essays

    An Insight into Some of India’s Most Powerful Business Tycoons and the Eight of India's most powerful men. It focuses on their personal experiences and visions to expose how they think and conduct their businesses. Let’s find out more about them.…

    • 3315 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    A morale booster story of struggle, vision, love, patriotism, passion and patience of JRD Tata. Story of man who saw aviation as future of national fortune in field of travel, tourism and war & peace. A man of principles who guided the government and societies to take greater interest in social service and long term beneficial programs. It describes how one man army JRD Tata with low industrial education outperformed many industrialist.…

    • 1339 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Recruitment Process

    • 8560 Words
    • 35 Pages

    Few men in history have made as dramatic a contribution to their country’s economic fortunes as did the founder of Reliance, Sh. Dhirubhai H Ambani. Fewer still have left behind a legacy that is more enduring and timeless.…

    • 8560 Words
    • 35 Pages
    Powerful Essays

Related Topics