SHAKY START Left to himself‚ Ratan Tata would probably have stayed on in the United States after training as an architect at Cornell University. But the son of deputy group chairman Naval Tata and the nephew of JRD Tata couldn’t be allowed to work outside the group (he had an offer from IBM). In 1962‚ Ratan joined the family business‚ working on the Tata Steel shopfloor at Jamshedpur‚ just one of several thousand employees. He got his first independent assignment less than a decade later --
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Strategist: Sir Ratan Tata When Ratan Tata became Group Chairman in 1991 he ushered an era of change. According to him “A company or business that remains static will die. A company that constantly changes and accepts that there are better ways to do things than they are done today is a company that will survive in the global market that we face.” He is admired not only for managing the Tata Empire but creating history by making Tata group an MNC by acquiring steel companies like Chorus
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RATAN NAVAL TATA Chairman‚ Tata Sons Also known as: India’s ’most eligible bachelor’‚ even at 75. Theatre of Operations: IT‚ Communications‚ Engineering‚ Materials‚ Chemicals‚ Services‚ Consumer Products‚ Energy - all with global footprints Started his career with: Tata Steel‚ on the shop floor Favorite Allies: His German Shepherds Famous Quote: "I don’t believe in taking right decisions. I take decisions and then make them
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Merchant 31 Ratan Naval Tata The Tata family tree Ratan Naval Tata Born in Bombay‚ on 28th December 1937‚ to Soonoo and Naval Hormusji Tata. He had 5 siblings: Jimmy‚ Noel‚ Shireen‚ Deanna and Geet. He did his graduation from Cornell with a B.Sc. Degree in architecture with structural engineering in 1962. On 25th March 1991‚ he took over the position of Chairman of Tata Sons‚ from Jehangir Ratanji Dadabhoy‚ ‘J.R.D. Tata’ (1904-1993). Close bonds From childhood‚ Ratan was uneasy with
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Ratan Tata: The Business Leader Barely a decade and a half ago‚ when Ratan N Tata took over as chairman of Tata Sons‚ the holding company of the Tata Group‚ people in the markets and in management circles dismissed him as a person of no consequence. When he sold off Tata Oil Mills Company in 1993 people said he had no stomach for competition. When he exited ACC‚ India’s leading cement company‚ people said he was frittering away his heritage. When he decided to build India’s first indigenous
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Ratan Naval TataPresent Chairman Of Tata Group(A Business Legend) INTRODUCTION1. 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‚ Groups revenues have grown manifold. THE CHAIRMAN OF MAJOR TATA COMPANIES. CHILDHOOD Ratan Tata was born into the famous Tata family.A prominent family belonging to Mumbaiswealthy Parsi community
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Ratan Tata: Tata Group Chairman (1991-2012) Ratan Naval Tata has stepped down as chairman of Tata Sons and while the entire team at the $100 billion Tata conglomerate will surely feel his absence‚ the average Indian too will have reason to miss him. The country probably never needed Tata more than it does today; as The Economist wrote recently‚ ‘by standing out against graft so publicly and consistently‚ Mr. Tata was ahead of his time’. Not that the business suffered because of it; the diversified
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is well known mr rattan tata ….Ratan Tata is an Indian businessman of the Tata Group‚ which is a Mumbai-based conglomerate. He was the chairman of the group from 1991-2012. He stepped down as the chairman on 28 December 2012 and now holds the position of Chairman Emeritus of the group which is an honorary and advisory position and is continuing as the chairman of the groups charitable trusts[2] Now lets have a look at the Early life of mr rattan tata Ratan Naval Tata was born on December 28‚
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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. 2) The Tata Group had a presence in a wide range of businesses since it’s early days. Later‚ Ratan Tata managed to streamline the Tata Group . What advantages and disadvantages did the group gain through streamlining of business? Do you
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Ratan Tata: Leading the Tata Group into the 21st Century 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. Answer 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
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