Presentation on Ratan Tata

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Text of Presentation on Ratan Tata

  • 1. IntroductionIntroduction Ratan Tata (Former Chairman of Tata Group)

2. Early LifeEarly Life Ratan Tata was born on 28 December 1937 in Bombay, India. Ratan Tatas father was Naval Tata and mother was Sooni. Naval Tata was adopted by Jamsetjis younger childless son Ratan Tata (Grandfathers name was same). 3. At an age of seven Ratan Tatas parents got separated. He was raised by his grandmother Navajbai. From his childhood he was interested in the cars. Ratan Tata never married. In Bombay he would date on and off, was even engaged once but broke it offbefore the cards could be printed. 4. EducationEducation After hisparents separated in 1944, he was brought up by his grandmother Lady Navajbai and did his schooling in Mumbai from Campion School. Later, he enrolled in Cornell University, where he earned a B.S in architecture with structural engineering in 1962, and has also completed the Advanced Management Program at Harvard Business School. 5. Life StyleLife Style 6. Ratan tata is single and leads a modest lifestyle in his bachelor apartment. The US-educated bachelor lives alone with his two German shepherds. He sometimes likes to fly his private jet himself. Some people call him The Steave jobs of India 7. CareerCareer 8. When he returned to India in 1962 after turning down a job with IBM on the advice of JRD, he was sent to Jamshedpur to work on the shop floor at Tata Steel. In 1971, he was appointed the Directorof National Radio and Electronics(Nelco). In 1981, JRD Tata stepped down as Tata Industries chairman, naming Ratan as his successor. He was heavily criticized forlacking experience in running a company of the scale of Tata Industries. 9. In 1991, he was appointed group chairman of the Tata group. Under his stewardship, Tata Tea acquiredTetley, Tata motors acquiredJaguar Land Roverand Tata Steel acquiredCorus, which have turned Tata from a largely India-centric company into a global business, with 65% revenues coming from abroad. In 2009, Tata launched the worlds cheapest Car Nano. For just 1 lac rupees. 10. He is widely credited for the success of the Tata Group of companies, especially after the liberalization of controls after the 1990s. Ratan Tata retired from all executive responsibility in the Tata group on December 28th 2012 which is also his 75th birthday and he is succeeded by Cyrus Mistry. Now a days Tata owns more than 100 Companies. 11. PersonalityPersonality Very Dignified Ethical Dependable Believes in keeping promises Loyal and believes in relationship Questioning the unquestionable Risk taker not Speculator Exemplary Leadership qualities and a Motivator 12. International RecognitionInternational Recognition Chairman, government of India's Investment Commission. Member, Prime Minister's Council on Trade and Industry. Member, NationalHydrogen EnergyBoard . Member, National Manufacturing Competitiveness Council 13. Serving on theInternational InvestmentCouncil set upby thepresident of theRepublic of South Africa Serving theInternational Business AdvisoryCouncil ofthe British government to advise the chancellor of the exchequer Member,International Advisory Council ofSingapore'sEconomic Development Board Member, Asia-Pacific Advisory Committeetotheboardof directors of the New York Stock Exchange 14. What makes himGREAT ?What makes himGREAT ? ? ? 15. VisionaryOne hundred years from now, I expect the Tatas to be much bigger than it is now. More importantly, I hope the Group comes to be regarded as being the best in India.. best in the manner in which we operate, best in the products we deliver, and best in our value systems and ethics. Having said that, I hope that a hundred years from now we will spread our wings far beyond India. 16. Strategist "He is a deep thinker and extremely strategic. He is always 2-3 steps ahead" Alan Rosling Executive Director, Tata sons 17. Initiator Change Champion "Ratan was the chief architect of the Corus deal. I was worried about the magnitude and the amount of money. But he instilled confidence." Muthuraman, Ex Managing Director, Tata Steel 18. "While he doesn't look it, he's one of the toughest people I've ever known." says Muthuraman Risk taker If you put a gun to my head, you had better take the gun away or pull the trigger, because I'm not moving. 19. Expertise "When you come to him for a critical decision, he will give you a very quick answer, his responses would be crisp, leaving no room for doubt.His involvement in cross- border deals could be quite significant. And thats precisely what gives the CEOs the confidence to move ahead without doubts." 20. A Man of Ethics and True Social Server 21. 1.AftertheTerroristattackedHotelTaj26/11, RatanTatapersonallyvisitedthefamiliesofallthe 80employeeswhoinsomemannereither throughinjuryorgettingkilledwereaffectedin thisattack. 2.Inarecordtimeof20days,anewtrustwas createdbytheTatasforthepurposeofreliefof employees. 22. 3. All category of employees including those who had completed even 1 day as casuals were treated on duty during the time the hotel was closed. 4. Harvard Business Schoolhas received a gift of $50 million from Tata Companies. (The largest from an international donor in the School's 100-year history) 5. Tata Group donated 1 day salary of all employees for Uttarakhand Worth 75 crore Rupees. 23. 6. Tata Group rejects Pakistan governments multicrore offer to buy Tata Sumo Grande. Tata Group head Ratan Tata rejected this offer saying "There will be no business with a country indulge in launching terror operations against India." 24. Awards and HonoursAwards and Honours 25. The Government of India awarded Mr.RatanTata one of its prestigious civilian award Padma Bhushan in 2000 and Padma Vibhushan in 2008. He was listed among the 25 most powerful people in business named by Fortune magazine in November 2007. In 2009, Tata was given an honorary knight hood, the Knight Commander of the Order of the British Empire (K.B.E.) 26. he won the Legend in Leadership award from Yale in 2010. In 2010, Ratan Tata was named one of the '50 People Who Matter 2010' by New Statesman Magazine. Ratan Tata got Lifetime Achievement Award by Rockefeller Foundation in 2012. 27. Thank YouThank You Prepared by :- Akshay Sikarwar