Ratan Naval TataPresent Chairman Of Tata Group(A Business Legend)Born:December 28, 1937.Achievement:Honored with Padma Bhushan, one of the highest civilian awards in 2000.Present Chairman Of Tata Group.He has taken Tata Group to new heights and under his leadership, Group's revenues have grown manifold.INTRODUCTIONTHE CHAIRMAN OF MAJOR TATA COMPANIES
Tata Steel, Tata Motors,Tata Power,Tata Consultancy Services,Tata Tea,Tata Chemicals,The Indian Hotels Company andTata Teleservices3 Ratan Tata was born into the famousTata family. A prominent family belonging toMumbai's wealthyParsicommunity. He was born toSoonooandNaval Hormusji Tata. Ratan is the great grandson of Tata group founderJamsedji Tata.CHILDHOOD His childhood was troubled, with his parents separating in the mid-1940s when he was merely seven and his younger brother jimmy was five years old.
Their mother moved out and both Ratan and his brother were raised by their grandmother lady navajbai.
CHILDHOODLife of Ratan Tata as Contributor Ratan Tata succeeded his uncle JRD Tata as Group Chairman in 1991.
He became Chairman of Tata Companies Tata Motors, Tata Steel, Tata Power, Tata Consultancy Services, Tata Tea, Taj Hotels, Tata Chemicals and Tata Teleservices.
First 3 to 4 yrs were engaged in struggles with the satraps.
Thrust was equally on technology driven leadership, global competitiveness and being among the top three domestically, regardless of the line of business.
SWOT ANALYSIS OF RATAN TATA
Less Autocratic Successors Ownership DependableOpportunities Adaptability
Business Ethics Threats Risk Takers
Question the unquestionable
1. Nothing worthwhile is ever achieved without deep thought and hard work.
2.Good human relations not only bring great personal rewards but are essential to the success of any Business.
Principles of Tatas
PATH GOAL LEADERSHIP THEORY According to this theory a leader can adopt any of the 4 styles while following the path and goal concept .They are:
Directive style.Supportive style.Achievement styleParticipative style.