Ratan tata

Ratan Tata - A Businessman par excellence

1. RATAN TATA : A BUSINESSMAN PAR EXCELLENCE Submitted By: Pooja Deswal

2. Early life Ratan Tata is the son of Naval Tata, who had been adopted from J. N. Petit Parsi Orphanage by Navajbai Tata. His parents Naval and Sonoo separated in the mid-1940s when he was ten and his younger brother, Jimmy, was seven years old. Both he and his brother were raised by their grandmother Navajbai Tata .   He has a half-brother Noel Tata from Naval Tata's second marriage to Simone Tata .

3. Early Carrier Ratan Tata completed his schooling from Campion School in Mumbai. He completed his BSc degree in architecture with structural engineering from Cornell University in 1962. And the Advanced Management Program from Harvard Business School in 1975. He joined the Tata Group in December 1962, after turning down a job with IBM on the advice of JRD Tata. He was first sent to Jamshedpur to work at Tata Steel.

4. Ratan Tata as Chairman Ratan Tata succeeded his uncle JRD Tata as Group Chairman in 1991 He became Chairman of Tata Companies – Tata Motors, Tata Steel, Tata Power, Tata Consultancy Services, Tata Tea, Taj Hotels, Tata Chemicals and Tata Teleservices First 3 to 4 years were engaged in struggles with the satraps Thrust was equally on technology driven leadership, global competitiveness and being among the top three domestically, regardless of the line of business

5. Achievements By 1998, single group logo created and the Tata brand belonged to Tata Sons In 1998, Tata Indica – India’s first indigenously designed and manufactured car launched by Tata Motors In 2000, Tata Tea acquires the Tetley Group, UK. First major acquisition of an international brand by an Indian Business Group In 2001, Tata AIG - A joint venture between the Tata Group and American International Group (AIG) was set up In 2002, Tata Sons acquires a controlling stake in VSNL In 2002, TCS becomes the first Indian software company to cross one billion dollars in revenue In 2004, Tata Motors is listed on the world’s largest stock exchange, the New York Stock Exchange In the same year, Tata Motors acquires the heavy vehicles unit of Daewoo Motors, South Korea

6. In July 2004, TCS goes public in the largest private sector initial public offering (IPO) in the Indian market, raising nearly $1.2 billion In 2005, Tata Steel acquires Singapore based steel company Natsteel In 2006, Tata Sky satellite television service launched across the country In 2007, Tata Steel acquires the Anglo-Dutch company Corus, making it the world’s fifth-largest steel producer In July 2004, TCS goes public in the largest private sector initial public offering (IPO) in the Indian market, raising nearly $1.2 billion In 2005, Tata Steel acquires Singapore based steel company Natsteel In 2006, Tata Sky satellite television service launched across the country In 2007, Tata Steel acquires the Anglo-Dutch company Corus, making it the world’s fifth-largest steel producer

7. Awards & Recognition Padma Bhushan on 26 Jan.2000 . Padma Vibhushan on 26 Jan. 2008 . NASSCOM Global Leadership on Feb.14, 2008 in Mumbai . Fortune Magazine in Nov.2007, listed him among the25 most powerful businessman. Time magazine 2008, listed him the world’s 100 most influential people.

8. Personality Strengths Visionary Strategist Initiator Adaptability Business Ethics WEAKNESSES Less Autocratic Dependable Threats Risk Taker

9. Ratan Tata Principles Good human relations not only bring great personal rewards but are essential to the success of any enterprise Nothing worthwhile is ever achieved without deep thought and hard work

10. THINK BIG…AND SMALL AS WELL Luxurious Pierre Hotel B udget Ginger hotels Iconic Jaguar C heapest Nano

11. The spectrum of success The “collaborative work”. New product development. High manufacturing quality. Sales improvement. Build a web of network outside the Country. Consider the “people factor.” Proper use of the Raw Materials.

12. Not everybody thinks He's as great as we do Tata Motors car worries environmentalist. The environment can be polluted by toxic chemicals. Only lower-class people will use the public Transport. Government Transport will be less popular.

13. Ratan Tata to replace Cyrus Mistry Ratan Tata relinquished all executive power in the Tata group on 28 December 2012, on turning 75, appointing as his successor, Cyrus Mistry, the 44-year-old son of Pallonji Mistry of the Shapoorji Pallonji Group, the largest individual shareholder of the group and related by marriage .   On 24 October 2016, Cyrus Mistry was removed as the Chairman of Tata Sons and Ratan Tata was made interim chairman 

14. The decision to change the leadership of Tata Sons was a well-considered and serious one for its board members. This difficult decision, made after careful and thoughtful deliberation, is one the board believes was absolutely necessary for the future success of the Tata Group Ratan Tata had pitched for selling TCS to IBM, a ‘near death experience’ for group’s crown jewel. Ratan Tata’s ‘ego’ led to Corus deal at a high price.

15. Any Queries THANK YOU !