Along with a democratic leadership, ratan tata works according to different theories of leadership. He was in a true sense a pioneer and a visionary, who has secured a strong foothold in the map of industrialized nations of the world. In the recent case of tatas acquisition of daimler chrysler, mr. Leadership lessons from the man who created the tata nano. Ratan was credited with transforming the tata group under his leadership and bringing it into the 21st century. Tata investment corpn tecs tfs the tata group consists of nearly 100 companies. According to hersheyblanchard situational leadership model, ratan tata s leadership behaviour is of delegating type.
Leadership skills, qualities, and styles of ratan tata. The chairmanship did not change him or his manner of arriving at the. It focuses on identifying the traits of successful leaders. Ratan naval tata, born 28 december 1937 is an indian businessman who became chairman of the tata group 19912012, a mumbaibased conglomerate. Irani says ratan tata listened to everyone before evolving his own view, in a quiet but firm way. Behavioural ideals it concentrates on the most effective behaviours of a leader. Jan 03, 20 people have often asked me to cite business leaders outside of europe and the us whom i admire. The board of directors of tata motors comprises of eminent personalities like mr n chandrasekaran, mr nasser munjee, mr vinesh k jairath, dr ralf speth, ms falguni s nayar, mr o p bhatt, ms hanne birgitte sorensen, mr guenter butschek, mr. Tata sons chairman n chandrasekaran may follow leadership style of jrd tata he may not necessarily become chairman of all operating companies, a break from the practice followed by his predecessors, mistry and before him, ratan tata. Marathon man and tatas new boss has 5 leadership lessons. Tata sons chairman n chandrasekaran may follow leadership. Moreover, he also fits in transformational leadership theory, where satisfies all those qualities that makes him a transformational leader.
On his commitment not to indulge in corruption, ratan said this had resulted in his group getting a raw deal because ratan had had to forsake a significant amount of business. He is more democratic because he always encourages his group leadership to be creating good communication and participation. Leadership grid ratan tata can be classified in the team management category of the leadership grid each company in tata group is headed by committed individual who accomplishes goals of respective companies there is a common dna and set of values across the group emanating from tata conglomerate dr. Scribd is the worlds largest social reading and publishing site. Leadership style of ratan tata by sanjana sudhakar on prezi. All documents human resource management leadership section of our research repository. Authors ian robertson, aparna piramal raje and sudhanshu palsule, along with harish bhat, a member of the group executive council of tata sons, discussed the qualities needed to make an effective leader. On 26 january 2008 nasscom global leadership on february 14 2008 in mumbai carnegie medal of philanthropy in 2007 robert s. On october 1618, sai and the tata council for community initiatives tcci hosted a leadership training program in mumbai for the tata group of companies. Marathon man and tatas new boss has 5 leadership lessons for you.
The first case principally focuses on ratan tatas leadership of the tata group, from 1991 to 2012. Ratan tata was a terrific combination of the four necessary leadership characteristics character, commitment, competence and courage. Ratan tata leadership free download as powerpoint presentation. Ratan tata and indias tata group essential facts 1. The legendary scion has been an inspiration for leaders across the world. Dec 27, 2012 while ratan tata did all the three things, what makes him different and superior is his inner qualities that i call the being part of leadership. Ratan tata stepped down from position of chairman of tata group and was succeeded by cyrus mistry who was not from tata family, which shows the values of ratan tata that competence weighs more than lineage. A charismatic leader with a vision, he has made the tata group prosper under his able chairmanship. Tata motors board of directors tata motors management. The group has a wide range of interests, companies trading in fields as diverse as steel, automotives, chemicals, it consultancy, retailing and hotels. With ratan tata as leader of the group, the management style of. Tqms tsmg tata industries tal automation nelco tata tele services tata auto plastics tata johnson controls tata interactive systems tce consulting engrs. This is a research report on leadership style of ratan tata uploaded by rajesh raj in category.
I thought of this question last week when ratan tata stepped down as chairman of the indian conglomerate tata group, a post he had held since 1991. Tata group leadership with trust by asheeb singh raina. Particularly, the indian market was just opening up for foreign investments and multinational companies were fast. In terms of leadership style, tata group has adopted a teamled culture and collective approach. However at previous occasion has used other two kind of style as well. Ratan tata and tata group became one of the most trusted group worldwide. It is in deed a tall order for any one who wants to step into ratan tata s shoes.
He is a futuristic leader who looked ahead with a powerful vision. To name just a few, in 2014 he was awarded the honorary knight grand cross of the most excellent order of the british empire by the united kingdom, and was presented with the padma vibhushan in 2008 and padma bhushan in 2000, the second and third highest. Vision is the essence of leadership, essential for organizational effectiveness and success, used as a major leadership tool in enlisting its members towards the defined objective, and focused on the constructive role of the organization within its environment. At a recent annual edition of a literary festival, an afternoon session was spent dwelling on the making of a great leader. Ratan tata signed off from all of his roles and responsibilities of the tata group and hence from tata motors. Tatas leadership commands respect throughout the world, which is highlighted by the numerous prestigious awards bestowed upon him. Oct 18, 2014 tata global beverages formed a joint venture with starbucks i. Tata global beverages formed a joint venture with starbucks i. With the acquisition, ratan tata became a celebrated personality in indian corporate business culture. Ratan tata is a visionary and no one would have any doubts about it if they glance through his stint in tata. Ratan tata and his leadership qualities essay 612 words. Ratan tata is a leader who engages more democratic style of leadership approach. The tata group is indias oldest and largest private sector business entity. 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 144year history.
He was also 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. Even though many opposed him, he maintained that the company had to go global. Nov 28, 2017 jrd tata pioneered the system of developing employee welfare schemes in corporate india and steered the principles of an eighthour working day, free medic. Leadership style of jrd tata discuss leadership style of jrd tata within the indian management thoughts and practices forums, part of the resolve your query get help and discuss projects category. Leadership style of ratan tata his childhood born 28th dec, 1937 to soonoo and naval hormusji tata. Oct 29, 2011 with the acquisition, ratan tata became a celebrated personality in indian corporate business culture. While ratan tata did all the three things, what makes him different and superior is his inner qualities that i call the being part of leadership. The over ambitiousness of his corus acquisition, the stupidity behind rushing to launch nano, the absolute callousness behind blind expansion of taj group of hotels, the rising npa of tata motor finance.
Jan 23, 2014 mukesh ambani leadership style mensxp team updated. A man of values the leadership qualities of ratan tata are coupled with. Today, he is one of the successful business leaders who have used mixtures of theories to run their businesses. Here are 5 leadership lessons we can learn from ratan tata. 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. Ratan tata and indias tata group maybe i m stupid or old fashioned, but i really want to go to bed at night saying i haven t succumbed to thisl ratan tata chairman, tara group, on paying bribes ratan tara has set an example with his transparencyj and integrity. The training program explored ideas of leadership commitment, shared values and practical capacity building tools to embed social responsibility throughout the tata companies and supply chain. The group has 500,000 employees spread over six continents more than 80 countries. Leadership style of ratan tata by rajesh raj in human. He has great leadership qualities and skills from which we can learn how to be a great and influential leader in the.
Samip fozdar todays modern india in a way is very much indebted to jamsetji tata, known as the father of indian industry. Leadership is a very human activity, and is diverse and robust as any other. He stepped down from this position in december 2012, born in surat city in gujrat state he completed a graduation in architecture with strcutral engineering from cornell universi. Tata group is a multinational conglomerate and one of the largest private companies in india. Tata group founded in 1868, is an indian multinational conglomerate headquartered in the mumbai, india. Jrd tata pioneered the system of developing employee welfare schemes in corporate india and steered the principles of an eighthour working day, free medic. Ratan naval tata was the chairman of india conglomerate tata group. Ratan tata and his leadership qualities essay 612 words cram. Ratan tata, through his leadership, changed the structure of the tata group of companies, overcoming. In 2007, he was listed among the 25 most powerful people in world business. It is in deed a tall order for any one who wants to step into ratan tatas shoes.
Ratan tata was born in 28 dec in surat, gujarat, to naval tata and his first wife, sonoo. Hatfield fellow in economic education in march 2006 london school of economics and indian institute of technology kharagpur. Why ratan tata is a role model for india inc yahoo. Tata motors is listed on the new york stock exchange and bought the luxury brands jaguar and land rover. Leaders inspire others because they are inspired themselves. Tata group was always known for its business ethics and corporate governance. When ratan tata took over the reins of the tata group in 1991, little did industry observers expect the manifold growth that tata group would post in the decade to come. The tata group has spread its operations across six continents and more than 80 countries. Satish balkrishna borwankar and many other prominent persons from the industry. Analysis of personality traits of exemplary leaders. In 1983, thirty years ago, he authored a document that was unofficially called the tata plan when the company was under the leadership of jrd tata. The leadership development programme conceived by jrd tata, the late chairman of tata group in 1950s.
People have often asked me to cite business leaders outside of europe and the us whom i admire. Tata starbucks ltd, and helped starbucks launch themselves in india by opening their first store in mumbai. They are excited about the possibility of creating an exciting. Jan 14, 2017 tata sons chairman n chandrasekaran may follow leadership style of jrd tata he may not necessarily become chairman of all operating companies, a break from the practice followed by his predecessors, mistry and before him, ratan tata. Ratan tata during his tenure led the tata group of companies for 21 years and established tata as a world brand. Learn about his journey and the lessons he learnt, and how his several decades with the company shaped his beliefs in the way business should be done. He is vision to make tata as global company was done by introducing tata nano car worth 1. The merger created the fifth largest steel producing entity in the world. Tata group leadership with trust challenges tata trusts tata singapore airlines jv tata nano singur controversy nationalization of tata airlines sir dorabji tata trust and the allied trusts sir ratan tata trust and navajbai ratan tata trust jn tata endowment global presence. Apr 28, 2016 do you want ceos to emulate his hubris. When ratan tata joined the group, it was barely doing any business outside india.
Marathon man and tatas new boss has 5 leadership lessons for you discipline, will power and above all, humility, makes for an inspiring leader education updated. This twopart case traces the evolution of the tata group, one of indias largest and. Tata is widely respected for achieving outstanding results during his tenure. Four qualities that make a great leader the economic times. The conversation yielded some interesting insights into the role of a. Ratan tata, the creator of the worlds cheapest car, tata nano. Tata was the chairman of tata sons, the holding company of the tata group, from 1991 until his retirement on december 28, 2012. Even for ratan tata, being placed at the helm of inr 10,627 crore company was a daunting task. Heres a look at some key milestones the group achieved during his tenure. Ratan tata biography ratan tata has been the chairman of tata group for almost two decades. The idea behind the leadership programme known as tata administrative services tas was to select and groom young managers, provide them opportunity for professional growth, and make them leaders of tomorrow. Tata motors achievements under the leadership of mr. While its easy to expound on the abilities of effective leaders, great leadership is a. A man of values the leadership qualities of ratan tata are coupled with his commitment to social service, justice and responsibility.
Dec 25, 2016 ratan naval tata was the chairman of india conglomerate tata group. Under his leadership tata acquired brands like tetley, jaguar land rover, and taj boston. He is a great business leader who has not only inspired me to become an enterpreneur but thousands of others as well. Mukesh ambani leadership style mensxp team updated. This case study is about ratan tata, cyrus mistry and the different leadership in the. Ratan tata, the chairman of the tata group since 1991, is set to step down from the post when he turns 75 later this month.