Introduction Introduction

Ratan Tata (Former Chairman of Tata Group)

Early LifeEarly LifeRatan Tata was born on 28 December

1937 in Bombay, India.

Ratan Tata’s father was Naval Tata and mother was Sooni.

Naval Tata was adopted by Jamsetji’s younger childless son Ratan Tata (Grandfather’s name was same).

• At an age of seven Ratan Tata’s 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 off before the cards could be printed.

Education Education

After his parents 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 .

Life StyleLife Style

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”

CareerCareer

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 Director of National Radio and Electronics(Nelco).

In 1981, JRD Tata stepped down as Tata Industries chairman, naming Ratan as his successor. He was heavily criticized for lacking experience in running a company of the scale of Tata Industries.

In 1991, he was appointed group chairman of the Tata group.

Under his stewardship, Tata Tea acquired Tetley, Tata motors acquired Jaguar Land Rover and Tata Steel acquired Corus, 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 world’s cheapest Car Nano. For just 1 lac rupees.

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.

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

International International Recognition Recognition

Chairman, government of India's Investment Commission.

Member, Prime Minister's Council on Trade and Industry.

Member, National Hydrogen Energy Board .

Member, National Manufacturing Competitiveness Council

Serving on the International Investment Council set upby the president of the Republic of South Africa

Serving the International Business Advisory Council of the British government to advise the chancellor of the exchequer

Member, International Advisory Council of Singapore'sEconomic Development Board

Member, Asia-Pacific Advisory Committee to the boardof directors of the New York Stock Exchange

What makes him GREAT ? What makes him GREAT ?

? ?

Visionary

“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.”

Strategist"He is a deep thinker and extremely strategic. He is always 2-3 steps ahead"

Alan Rosling Executive Director,

Tata sons

Initiator

Change Champi

on"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

"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.”

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 that’s precisely what

gives the CEOs the confidence to move ahead without doubts."

A Man of Ethics and True Social Server

 1. After the Terrorist attacked Hotel Taj 26/11, Ratan Tata personally visited the families of all the 80 employees who in some manner – either through injury or getting killed – were affected in this attack.

2. In a record time of 20 days, a new trust was created by the Tatas for the purpose of relief of employees.

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 School has 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.

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."

Awards and Honours Awards and Honours

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.)

 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.

Thank YouThank You

Prepared by :-

Akshay Sikarwar