Ratan Tata: Tata Group Chairman (1991-2012) Ratan Naval Tata has stepped down as chairman of Tata Sons and while the entire team at the $100 billion Tata conglomerate will surely feel his absence‚ the average Indian too will have reason to miss him. The country probably never needed Tata more than it does today; as The Economist wrote recently‚ ‘by standing out against graft so publicly and consistently‚ Mr. Tata was ahead of his time’. Not that the business suffered because of it; the diversified
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RATAN TATA One of the most well-known and respected industrialists in India‚ Ratan Tata (Ratan Naval Tata)‚ is the Chairman of the salt to software conglomerate‚ Tata Group which is based in India and comprising 98 operating companies in seven business sectors across 80 countries. Ratan Tata was born to Soonoo & Naval Hormusji Tata on December 28‚ 1937. He was brought up their grandmother Lady Navajbai after his mother moved out following a troubled marriage. He studied at the Campion School in Mumbai
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biggest conglomerate – Tata Group. Ratan Tata joined the company after college and took over his late uncle’s business 16 years ago. He is involved in more issues than he should be. The authoritarian Tata is the chairman of key units including Tata Motors and Tata Steel and is involved in all major deals and making all the key decision. 2. SECONDARY PROBLEMS 2.1 Short Term A bid for Jaguar and Land Rover might present an even more daunting challenge for Ratan Tata. It would be an uphill climb
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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
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" The Sir Ratan Tata Trust is today the second largest of the Tata trusts. Ratan N Tata has been the Chairman of Tata Sons‚ the promoter company of the Tata group‚ since 1991. He is also the Chairman of the major Tata companies‚ including Tata Motors‚ Tata Steel‚ Tata Consultancy Services‚ Tata Power‚ Tata Global Beverages‚ Tata Chemicals‚ Indian Hotels and Tata Teleservices. During his tenure‚ the group’s revenues have grown nearly 12-fold‚ totaling $67.4 billion in 2009-10. Mr. Tata serves on
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ON LEADERSHIP QUALITIY OF RATAN TATA RATAN TATA (born December28‚ 1937 in Mumbai) is the present chairman of the Tata Group India largest conglomerate established by earlier generation of his family. PERSONALITY • Very dignified •Ethical •Dependable •Believes in keeping promise •Loyal and believes in relationship •Questioning the unquestionable • Risk taker not a speculator • Employ leadership quantities and a tremendous m motivator Motivation RATAN TATA must always keep motivating
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2.1 ANALYSIS Adaption from the Case Studies and Research Cases Tata Group uses two different strategies locally and internationally when dealing with its businesses. Local businesses under Tata Group’ umbrella uses the Domestic Strategy which requires product differentiation base on the local adaption. Such example is the Tata Nano Car and the Tata Ace Truck (picture below)‚ produced by Tata Motors at an affordable price for the people in India. Ratan Tata wanted to produce a car which is super
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Table of Contents Ratan Tata: Leading the Tata Group into 21st Century 2 Introduction 2 Case Question 1 3 How much of such a transformation can be attributed to one individual? Discuss the role of the leader in initiating and managing change. 3 Case Question 2 4 a) What advantages and disadvantages did the Group gain through the streamlining of businesses? 4 b) Do you think‚ as of 2009‚ the Group is still present in too many businesses? 4 Case Question 3 10 Critically discuss
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RATAN NAVAL TATA INTRODUCTION: Ratan Naval Tata‚ present chairman of Tata group was born on December 28‚ 1937‚ in Mumbai. He was born into the wealthy and famous Tata family. Ratan is the great grandson of Jamsedji Tata founder of Tata group. Rattan’s childhood was troubled‚ his parents separated in the mid-1940s. Ratan and his brother were raised by their grandmother. Ratan Tata owns 1% shares in Tata sons‚ the holding company of Tata group valuing his total personal wealth at approximately US
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RATAN TATA INTRODUCTION 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
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