RATAN TATA the soft-spoken man of steel
OverviewIntroduction Success Story Transformation Agenda Awards
& Recognition
Introduction
Born on December 28, 1937 Graduated with a degree in
Architecture and Structural Engineering from Cornell University.
Also completed advanced management programme at Harvard Business
School. Appointed the Director-in-Charge of The National Radio
& Electronics Company Limited (Nelco) in 1971. Became the
Chairman of Tata Industries in 1981. Took over as Tata Group
Chairman in 1991.
Success Story
1962: Graduated from Cornell University with a Bachelor of
Science degree in Architecture and Structural Engineering. Worked
with Jones and Emmons in Los Angeles Joined Tata Steel at
Jamshedpur in late 1962
Success Story (cntd)
1971: Appointed the Director-in-Charge of The National Radio
& Electronics Company Limited (Nelco) 1977: Was entrusted with
Empress Mills, textile mill controlled by the Tatas 1981: Appointed
as The Chairman of Tata Industries 1991: Took over as group
chairman from J.R.D. Tata.
Success Story (cntd)
1998: Tata Motors came up with Tata Indica, the first truly
Indian car. 2000: Tata Tea acquired the Tetley group of the UK for
pounds 271 million ($435 million) - the biggest ( acquisition in
the history of Indian Companies. 2003: Stepped down from executive
position. Bought the truck unit of South Korea's Daewoo Motors A
stake in one of Indonesia's biggest coal mines, and steel mills in
Singapore, Thailand, and Vietnam
Success Story (cntd)
2004: Takeover of Tony hotels including New York's Pierre, the
Ritz-Carlton in Boston, and San Francisco's Camden Place. Purchase
of Tyco International's undersea
telecom cables.
2007: Tata Sons successfully acquired Corus Group for an
estimated 6.7 billion. A defining moment for Tata Steel Tata
said
The man and his dream machine
Year 2008:A promise is a promise, said Ratan Tata unveiling the
'People's Car' a mini 4-seater priced, as promised five years ago,
at Rs 1,00,000 (dealer price)
The man and his dream machine (cntd)
Nanowhich means small in Parsi-
Gujaratiturns out to be a font of innovation, generating as many
as 40 new patents for Tata Motors
So what if the Kohinoor diamond - once the ultimate symbol of
Indian wealth and power now resides with the Queen of England?
March 2008:Tata Motors under Ratan Tata bought over Jaguar &
Land Rover from Ford Motor Company. The icons of British Luxury,
Jaguar and Land Rover were acquired for 1.15 billion ($2.3
billion).
The transformation agenda...
Returns must be greater than cost of capital. Economies of scale
should be derived. Each company must be the industry leader
occupying one of the top three positions. The business identified
must have potential for high growth and should be globally
competitive.
Awards and Recognition
He was honoured with the Padma Bhushan 26 January 2000 He was
awarded the Padma Vibhushan - 26 January 2008 Recipients of the
NASSCOM Global Leadership Awards-2008 Accepted the Carnegie Medal
of Philanthropy in 2007 on behalf of the Tata family Honoured by
Cornell University as the 26th Robert S. Hatfield Fellow in
Economic Education March 2006 Serves on the programme board of the
Bill & Melinda Gates Foundation's India AIDS initiative
Awards and Recognition (cntd)
May 2008, he made it to the Time magazine's 2008 list of the
World's 100 most Influential people. The Asian Institute of
Technology, Bangkok conferred the Honorary Degree of Doctor of
Technology (Honoris Causa) in 2004 His foreign affiliations include
membership of the international advisory boards of * The Mitsubishi
Corporation * The American International Group * JP Morgan Chase *
Booz Allen Hamilton
Thank You
