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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1) The Tata Group has been transformed from a risk averse‚ slow moving giant into a more dynamic and aggressive conglomerate. How much of such a transformation can be attributed to one individual? Discuss the role of the leader in initiating and managing change. 2) The Tata Group had a presence in a wide range of businesses since it’s early days. Later‚ Ratan Tata managed to streamline the Tata Group . What advantages and disadvantages did the group gain through streamlining of business? Do you
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Ratan Tata: Leading the Tata Group into the 21st Century 1. The Tata Group has been transformed from a risk-averse‚ slow-moving giant into a more dynamic and aggressive conglomerate. How much of such a transformation can be attributed to one individual? Discuss the role of the leader in initiating and managing change. Answer The Tata Group transformation can be greatly attributed to the vision and execution of Ratan Tata. He was greatly responsible for the tremendous transformation because he
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INTRODUCTION : - Tata Group was Established under the parent company in year 1945. Tata Motors Limited has become India’s largest automobile company. It was the first Indian automobile company to list on the New York Stock Exchange. Tata Motors began manufacturing commercial vehicles in 1954 with a 15-year collaboration agreement with Daimler Benz of Germany. This partnership has led Tata Motors to not only become India’s largest automobile company but also India’s largest commercial vehicle manufacturer;
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TATA MOTORS & JLR- THE SUCCESSFUL TURNAROUND The story of IBM was always considered to be the greatest turnaround stories of all times but wait‚ have you heard how an Indian MNC Tata has turned it around for itself through its acquisition and revival of the global luxury brand ‚ Jaguar-Land Rover(JLR). In the past few years‚ Tata motors have gone from a sheen losing family business to a global profitable brand. In April 2012 share price of Tata motors surged 90 % (6 months data) when the BSE rose
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Tata Motors India is not a country that encourages free trade.the government has imposed many trade barriers‚like very high taxes for one.these high taxes are a form of preventing the local industries domestic products from international companies. Also‚ the bureacracy that exists is india is the worst.every level of the heirachy of any department‚corporate‚law‚governemnt is bound to accept bribe and is corrupt.Tata has also undergone tremendous challenges when building its Nano factory in west
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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 cheap yet reliable. Aside from this example‚ Tata Group has
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and Information Technology Tata Motors is India ’s largest automobile company‚ with consolidated revenues of Rs 92‚519 crore ($20 billion) in 2009-10. Tata Motors Limited is an Indian multinational automotive corporation headquartered in Mumbai‚ India. Part of the Tata Group‚ it was formerly known as TELCO (TATA Engineering and Locomotive Company). Its products include passenger cars‚ trucks‚ vans and coaches. Through subsidiaries and associate companies‚ Tata Motors has operations in the UK
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CASE STUDY- I TATA CODE OF CONDUCT The fountainhead of the corporate governance of the Tata Power Company is the Tata Code of Conduct. The Company is committed to abide by it‚ in its letter and spirit. And the Company has earned the Tata Brand name by virtue of this commitment. It draws its strength from the five Tata values: Integrity Understanding Excellence Unity Responsibility In Tata parlance they stand for – Integrity We must conduct our business fairly‚ with
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to analysis the Tata steel company and discuss the main driver function and how they responding to them. Then‚the assessment will make conclusion that the reason the Tata steel development quick . Introduction to Tata steel TATA STEEL is one of the major companies in INDIA. TATA STEEL is also call TISCO. (Tata Iron and Steel Company). The company major produces the hot and cold rolled coils‚ sheets‚ tubes‚ rods‚ bearings‚ and other equipment and services with the steel. “The Tata steel company was
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