Ratan Tata-Level 5 Leader Ppt Presentation

10/28/11 Ratan Tata-Level 5 Leader Ppt Presentation

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Presentation Transcript

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What makes him RATAN TATA- the LEADER??? :

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A BUSINESS LEGEND- RATAN TATA PRESENTED BY: ATIF FARHAN DEEPTI CHAUHAN JUHI SINGH PALAKSHARMA SMARIKA DALAL SOMYA DIXIT

CONTENTS Introduction Characteristics Roles and tactics Powers Social responsibilities Awards andrecognitions Criticism

A BUSINESS LEGEND

Ratan Tata is the chairman of the Tata Group, India's largest corporation. He is the latest in a long line of Tatasto head the family-owned company. Born into an old Parsi family of Bombay, in December 28th 1937. He received aBachelor’s degree in architecture from America’s Cornell University in 1962. He returned to India and joined the TataGroup.

Tata is single and leads a modest lifestyle in his bachelor apartment. The US-educated bachelor lives alonewith his two German Shepherds in an apartment in Mumbai. He is known to be a supporter of the traditional Parsi wayof life. He has a passion for home cooked food and is known to indulge deeply in art collection. A trained pilot who stilltakes to the skies on his own aircraft has picked up a number of awards. He is known to slip into the front seatalongside his driver to and from work.

Tata Chemicals Tata Power Tata international Tata Steel Tata Tea Tata Motors Tata Consultancy ServicesRallis Indian Hotels Tata Finance Tata InfoTech Voltas Tata Interactive Systems Titan Tata Share Registry Tata FinAMEX Tata Home Finance Tata Technologies Tata Refractories TAYO Rolls Tata Coffee Telcon Tata Services Tata SSLTRF Trent TACO TQMS TSMG Tata Industries TAL Automation NELCO Tata Tele Services Tata Auto plastics TataJohnson Controls Tata Interactive Systems TCE Consulting Engrs. Tata Investment Corpn TECS TFS

The Tata Group consists of nearly 100 companies. Tata group is a multinational conglomerate and one of thelargest private companies in India. Today, it has a strength of 350,000 employees all over the world and an estimatedannual turnover of $62 billion USD. Tata’s contribution to India’s GDP is nearly 5.5% and 60% of its revenue comesfrom foreign countries. Tata group was always known for its business ethics and corporate governance. The TataGroup has spread its operations across six continents and more than 80 countries.

GUIDING PRINCIPELS OF TATA’S………

VERY DIGNIFIED ETHICAL DEPENDABLE BELIEVES IN KEEPING PROMISES LOYAL AND BELIEVES INRELATIONSHIPS QUESTIONING THE UNQUESTIONABLE RISKTAKER NOT A SPECULATOR EXEMPALARYLEADERSHIP QUALITIES AND A TREMENDOUS MOTIVATOR PERSONALITY………..

What makes him RATAN TATA- the LEADER???

“One hundred years from now, I expect the Tatas to be much bigger than it is now. More importantly, I hopethe Group comes to be regarded as being the best in India.. best in the manner in which we operate, best in theproducts we deliver, and best in our value systems and ethics. Having said that, I hope that a hundred years from nowwe will spread our wings far beyond India.” Visionary

Strategist "He is a deep thinker and extremely strategic. He is always 2-3 steps ahead"- Alan Rosling ED,Tata sons

"Ratan was the chief architect of the Corus deal. I was worried about the magnitude and the amount ofmoney. But he instilled confidence." says Muthuraman. Initiator Change champion

“If you put a gun to my head, you had better take the gun away or pull the trigger, because I'm not moving.”"While he doesn't look it, he's one of the toughest people I've ever known." says Muthuraman Risk taker

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Slide 15:

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Leadership managerialroles :

Influence Tactics :

Ratan Tata’s Leadership style :

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Slide 21:

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The Tata Business Excellence Model… :

…and what it is about…... :

WHY HAVE A BUSINESS EXCELLENCE MODEL? :

Need to Accelerate the Rate of Change :

Need for Change… :

Slide 28:

Types of Powers :

Social responsibility :

Awards and Recognition :

Slide 32:

Slide 33:

Bibliographywikipediawww.google.co.inwww.livinglegends.comwww.tata.com :

"While he doesn't look it, he's one of the toughest people I've ever known." says Muthuraman Risk taker

"When you come to him for a critical decision, he will give you a very quick answer, his responses would becrisp, leaving no room for doubt….His involvement in cross-border deals could be quite significant. And that’sprecisely what gives the CEOs the confidence to move ahead without doubts." says Rosling. Expertise "He has atremendous technological brain," says Tata Steel Managing Director B. Muthuraman

"Tata has shown that there is no other way he will do business other than do it ethically," saysGopalakrishnan. A man of integrity

Leadership managerialroles Figure head Entrepreneur Resource allocator roleDisturbance handler

Influence Tactics Consultation Rational persuasion Exchange tactics

Ratan Tata’s Leadership style

start good no repetitive strong weak 3 4 task relationship Fiedler model

1,9 9,9 RATAN TATA 5,5 1,1 9,1 LEADERSHIP GRID HIGH LOW 1 LOW 9 HIGH CONCERN FOR PEOPLECONCERN FOR PRODUCTION

M JOB CENTERE……………………………........................EMPLOYEE CENTERED LEADERSHIP STYLELEADERSHIP STYLE MICHIGAN LEADERSHIP MODEL

The Tata Business Excellence Model… “The true objective of setting thesecriteria, was never meant to be merely to use them as an assessment for an award, but more importantly, to utilizethem for an institutionalized approach to drive performance and attain higher levels of efficiency in everything that acorporate entity does.” Mr. Ratan N. Tata

…and what it is about…... A set of statements & questions That asks us to describe theway we conduct our business And provides us with insights on how we can improve What we do, and How we do it Itmakes us ensure that we have clear objectives both short & long term That these objectives are understood & sharedby all of us. That we have a roadmap to achieve our objectives And that we implement, monitor, review & improve aswe move forward.

WHY HAVE A BUSINESS EXCELLENCE MODEL? WHETHERMANDATED BY BE-BP OR OTHERWISE …

26 Need to Accelerate the Rate of Change We Need Radical ChangesBreakthrough improvements

27 Need for Change… Businesses that don’t change to adapt to the world’s pressures don’tsurvive. The world’s pressure sources are both changing and conflicting. Businesses must move to a “continuouschange” mindset. Leaders must move to a “change is an opportunity” mindset. Pressure Source Direction of PressureCustomers More value Owners More return Competitors More market share Regulators More conformity EmployeesMore involvement

28 Quest for the Best : Evolution

Types of Powers POSITION POWER: Legitimate Power Informative Power PERSONAL POWER:Referent power expert power

Social responsibility Community initiatives Environment The Tata Trusts Institutions Sports andarts

Awards and Recognition Padma Bhushan on 26 January 2000 Padma Vibhushan . On 26January 2008 NASSCOM Global Leadership on February 14 2008 in Mumbai Carnegie Medal of Philanthropy in 2007Robert S. Hatfield Fellow in Economic Education In March 2006 London School of Economics and Indian Institute ofTechnology Kharagpur. the Government of Singapore conferred honorary citizenship on Ratan Tata, the title ofhonorary economic advisor to Hangzhou city in the Zhejiang province of China. Fortune magazine in November 2007,listed him among the 25 most powerfull business man Time magazine's 2008, listed him the World's 100 mostinfluential people

Successor Criticisms Environmental Criticisms Unethical partners: the Dow chemical controversyCRITICISMS………..

“One hundred years from now, I expect Tatas to be much bigger, of course, than it is now. More importantly, Ihope the group comes to be regarded as being the best in India. Best in the Manner in which we operate ,Best in theproducts we deliver, and best in our value system and ethics. Having said that ,I hope that a hundred years from nowwe will Spread our wings far beyond India, that we become a global group, operating in many Countries, as Indian

business conglomerate that is at home in the world, carrying the Same set of trust as we do today”

Bibliographywikipediawww.google.co.inwww.livinglegends.comwww.tata.com

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Ratan Tata-Level 5 Leader Ppt Presentation