A BUSINESS LEADER- RATAN TATA

ACKNOWLEDGEMENT

I would like to thank Prof.Amol Muley Sir and Prof.Vijaya Suvarna for giving me this opportunity to present on the Business Leader that I admire the most. It was a great experience knowing more about what it takes to be a perfect business leader and a role model for the world.

CONTENTS

IntroductionCharacteristicsRoles and tacticsPowersSocial responsibilitiesAwards and recognitionsCriticism

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 Tatas to head the family-owned company.

• Born into an old Parsi family of Bombay, in December 28th 1937.

• He received a Bachelor’s degree in architecture from America’s Cornell University in 1962.

• He returned to India and joined the Tata Group.

• Tata is single and leads a modest lifestyle in his bachelor apartment.

• The US-educated bachelor lives alone with his two German Shepherds in an apartment in Mumbai.

• He is known to be a supporter of the traditional Parsi way of life.

• He has a passion for home cooked food and is known to indulgedeeply in art collection.

• A trained pilot who still takes to the skies on his own aircraft has pickedup a number of awards.

• He is known to slip into the front seat alongside his driver to and from work.

Tata ChemicalsTata PowerTata internationalTata SteelTata TeaTata MotorsTata Consultancy ServicesRallisIndian HotelsTata FinanceTata InfoTechVoltasTata Interactive Systems

TitanTata Share RegistryTata Fin AMEXTata Home FinanceTata TechnologiesTata RefractoriesTAYO RollsTata CoffeeTelconTata ServicesTata SSLTRFTrentTACO

TQMSTSMGTata IndustriesTAL AutomationNELCOTata Tele ServicesTata Auto plasticsTata Johnson ControlsTata Interactive SystemsTCE Consulting Engrs.Tata Investment CorpnTECSTFS

• The Tata Group consists of nearly 100 companies.

• Tata group is a multinational conglomerate and one of the largest private companies in India.

• Today, it has a strength of 350,000 employees all over the world and an estimated annual turnover of $62 billion USD.

• Tata’s contribution to India’s GDP is nearly 5.5% and 60% of its revenue comes from foreign countries.

• Tata group was always known for its business ethics and corporate governance.

• The Tata Group has spread its operations across six continents and more than 80 countries.

• VERY DIGNIFIED

• ETHICAL

• DEPENDABLE

• BELIEVES IN KEEPING PROMISES

• LOYAL AND BELIEVES IN RELATIONSHIPS

• QUESTIONING THE UNQUESTIONABLE

• RISKTAKER NOT A SPECULATOR

• EXEMPALARY LEADERSHIP 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 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.”

• 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 of money. 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

"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 that’s precisely what gives the CEOs the confidence to move ahead without doubts." says Rosling.

• Expertise

"He has a tremendous 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," says Gopalakrishnan.

• A man of integrity

Leadership managerialroles Figure head Entrepreneur Resource allocator role Disturbance handler

Influence Tactics

Consultation Rational persuasion Exchange tactics

The Tata Business Excellence Model…

“The true objective of setting these criteria, was never meant to be merely to use them as an

assessment for an award,but more importantly, to utilize

them for an institutionalized approach to drive performance

and attain higher levels of efficiency in everything that a

corporate entity does.” Mr.

Ratan N. Tata

AWARDS AND RECOGNITION 1. Padma Bhushan on 26 January 2000

2. Padma Vibhushan . On 26 January 2008

3. NASSCOM Global Leadership on February 14 2008 in Mumbai

4. Carnegie Medal of Philanthropy in 2007

5. Robert S. Hatfield Fellow in Economic Education In March 2006

6. London School of Economics and Indian Institute of Technology Kharagpur.

7. the Government of Singapore conferred honorary citizenship on Ratan Tata,

8. the title of honorary economic advisor to Hangzhou city in the Zhejiang province of China.

9. Fortune magazine in November 2007 ,listed him among the 25 most powerfull business man

10. Time magazine's 2008, listed him the World's 100 most influential people

• Successor Criticisms

• Environmental Criticisms

• Unethical partners: the Dow chemical controversy

CRITICISMS………..

“One hundred years from now, I expect Tatas to be much bigger, of course, 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 system and ethics. Having said that ,I hope that a hundred years from now we 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”

Bibliography

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

THANK YOU