“I don’t believe in taking right decisions. I take decisions and make them right”

(Always believe in your ability and efforts).

From driving cars to flying choppers, from charity to business strategy , he does it all, and does it passionately. But, despite being cynosure of all eyes, very little is known about his life.

RATAN TATA-A living Legend

Introduction

Born to Naval Tata and Soonoo Commisaria on December 28,1937, he belonged to the prominent TATA family of the Parsi community.

He is the Great Grandson of Jamshedji Tata .

EARLY LIFE AND EDUCATION

His parents got seperated in 1944. He was brought up by his Grandmother Lady

Navajbai Tata He did his Schooling in Mumbai-Campion school Later he went on to earn his Bsc in Architecture

with structural engineering in 1962 from Cornell University

Advanced management from Harvard Business school

He joined Tata group in 1962 after turning down a job with IBM on advice of JRD Tata. He was first sent to Jamshedpur to work at Tata steel.

Personal life

Achievements

In 1971 Ratan Tata was appointed the Director-in-charge of The National Radio & Electronics Company Limited (Nelco)

In 1981 ,Ratan Tata was named director of Tata industries ,group’s other holding company

In 1991,he took over as group chairman from J.R.D.TATA

Under Ratan’s guidance ,Tata consultancy service went public and tata motors was listed on New York stock Exchange

ACHIEVEMENTS CONTD..

In 1998,Tata motors introduced his brainchild ,the Tata Indica

On January 31,2007 Under his Chairmanship ,Tata sons acquired CORUS group,an Anglo –Dutch steel and aluminium producer .With the acquisition ,Ratan Tata became a celebrated personaity in Indian corporate buisness culture .the merger created the fifth largest steel producing entity in the world

On march 26,2008,Tata motors, bought Jaguar & Land Rover from ford company .

The two iconic British brands ,Jaguar and Land rover ,were acquired for $2.3 billion

Major Acquisitions 2002: Tata Sons acquires a 25 per cent stake in VSNL from the government for Rs. 1,439

crore. Tata goes on to increase its stake in the company and renames the company Tata Communications Ltd.

2004: Tata Motors acquires the heavy vehicles unit of Daewoo Motors in South Korea for $102 million.

2005: Tata Steel buys out Singapore’s largest steel company NatSteel—with operations in Singapore, Thailand, China, Malaysia, Vietnam, the Philippines and Australia—for around $365 million.

2005: Indian Hotels acquires a Starwood-managed hotel in Sydney from the Hong King-based Harilela Group for $36 million.

2006: Taj buys the Ritz-Carlton hotel in Boston for $170 million.

2007: Tata Steel acquires Anglo-Dutch steelmaker Corus for $11.3 billion.

2007: Taj group acquires Campton Hotel in San Francisco for $58 million.

2000: Tata Tea, now Tata Global Beverages, acquired the Tetley group, the world's second largest manufacturer and distributor of tea. Tetley is the largest tea company in the UK.

2008: Tata Motors acquires the Jaguar and Land Rover businesses from Ford, and forms a new company, Jaguar Land Rover.

2012: Tata Global Beverages and Starbucks form a joint venture, Tata Starbucks Ltd, and open their first store in Mumbai.

Leadership Leadership according to some famous people:- John Harvey Jones “Getting extraordinary performance out of ordinary

people”. Napoleon “ Dealing in hope”

Leader has a bigger, higher purpose for you and your organization that expresses responsiveness to community

It requires a Knowledge-base and Expertise which few have, but can be developed with effort and dedication.

Leadership is a result of:

(a) Strong Will-Power

(b) Hard work.

(c) Vision-example of his futuristic vision is Nano. “What drove me — a man on a two-wheeler with a child standing in front, his wife sitting behind, add to that the wet roads — was a family in potential danger,” said Ratan Tata, while explaining why he went for the Nano.

(d) Choosing the right priorities

Leaders use creative rather than reactive tendencies to get results.

Personality

Very dignified Ethical Adaptability Aggressiveness Enthusiasm Self-confidence Believes in keeping promises Royal & believes in Relationships Leadership Qualities Tremendous Motivator Dynamic

What makes him a leader

Vision and mission Self knowledge and Expertise Process of growth-

December 27, 2012:   Ratan Tata retires on his 75th birthday this week, handing over the baton of his business to Cyrus Mistry, the first chief appointed from outside the immediate Tata family in its 144-year history. While Ratan Tata has been credited with transforming the Tata group into a streamlined conglomerate of more than 100 companies and earning a global reputation for his consolidation and expansion strategies, I am looking at his leadership traits and how those traits influenced the group and made him the most powerful Indian Chief Executive Officer (CEO) brand globally.

Leadership quality

Visionary Strategist Initiator change champion Risk taker Expertise A man of integrity

• Personal Integrity • Willingness to accept

responsibility• Understanding People• Communication• Selflessness• Confidence• Intuition• Vision• Ability to make decisions• Ability to simplify situations

His qualities

Ideal qualities

Managerial Grid

Managerial Grid

Ratan Tata a 9,9 manager

Work accomplished is from committed people with interdependence through a common stake in organization purpose and with trust and respect

What the most powerful people have to say

Ratan Tata is leaving behind "lessons enough for ages" after leading the Tata group for over two decades, Infosys cofounder N R Narayana Murthy said. The legacy of Tata, who retires as chairman of the group on Friday, is not just about the numbers but also the manner in which he has grown the business with a strong underpinning of values, he said. Murthy, the prime mover behind the growth of Infosys into a $7 billion (Rs 38,000 crore) software exporter, told ET NOW's Chandra R. Srikanth in an interview that the governments in New Delhi and Mumbai should seek Tata's counsel on accelerating economic reforms

Awards and Recognition

On 50TH Republic Day on january 2000 –Padma Bhushan February 2004-title of honoraray economic advisor to

Hangzhou city in Zhejiang province of China In 2006-first award for responsible Capitalism In March 2006 was honoured by Cornell university as

26th Robert S.Hatfield fellow IN ecnomic educaion,consideed highest honour eh uniersity provides

Listed among 25 most powerful people in usiness by Fortune Magazine –nov 2007

May 2008 -times magazine’s 2008 list f world 100 most infletial people

Awards and Recognition contd…

Doctor of law from the university of Cambridge 2010-Ratan Tata was named one of the 50 people

who matter 2010 by New Statesman Magazine

conclusion

Though there are different models around leadership, mostly all successful leaders do three things. One, with a vision and purpose, add value and create a new possibility. Two, build next-in-line leaders and leadership pipeline. Three, be a role model, authentic and self-aware. Ratan Tata is an ideal example of a leader demonstrating all these three things.

bibliograhy

http://en.wikipedia.org/wiki/Ratan_Tata http://www.thehindubusinessline.com/features/

weekend-life/ratan-tata-the-visionary/article4241881.ece ( why is he a leader)

https://www.google.co.in/search?q=ratan+tata's+family&tbm=isch&tbo=u&source=univ&sa=X&ei=lWJpUsycG8eJrAeD5IDwDA&sqi=2&ved=0CD0QsAQ&biw=1366&bih=673

http://www.johnsadowsky.com/ratan-tata-a-shining-example-of-business-leadership-in-the-third-world/

Thank you