PRESENTATION ON RATAN NAVAL TATA: PRESENTATION ON RATAN NAVAL TATA By- B.Radhika Introduction: Introduction Ratan Tata is presently the Chairman of Tata Sons, the holding company of the Tata Group. Cont’d…: Cont’d… Ratan Naval Tata is also the Chairman of the major Tata companies such as Tata Steel, Tata Motors, Tata Power, Tata Consultancy Services, Tata Tea, Tata Chemicals, Indian Hotels and Tata Teleservices. Cont’d…: Cont’d… Ratan tata is single and leads a modest lifestyle in his bachelor apartment. Cont’d…: Cont’d… The US-educated bachelor lives alone with his two German shepherds. Slide 6: He sometimes likes to fly his private jet himself. Early life and Education : Early life and Education Ratan Tata born to Naval Tata and Soonoo Commisariat in the Tata family, a prominent family belonging to the Parsi community. Cont’d..: Cont’d.. Ratan is the great-grandson of Tata group founder Jamsedji Tata. Slide 9: After his parents separated in 1944, he was brought up by his grandmother Lady Navajbai and did his schooling in Mumbai from Campion School. Slide 10: Later, he enrolled in Cornell University, where he earned a B.S in architecture with structural engineering in 1962, and has also completed the Advanced Management Program at Harvard Business School . Career at Tata Sons : Career at Tata Sons When he returned to India in 1962 after turning down a job with IBM on the advice of JRD, he was sent to Jamshedpur to work on the shop floor at Tata Steel with other blue-collar employees, shovelling limestone and handling the blast furnace. Cont’d..: Cont’d .. In 1971, he was appointed the Director of National Radio and Electronics ( Nelco ), which was in dire straits when he came on board: with losses of 40% and barely 2% share of the consumer electronics market. However, just when he turned it around (from 2% to 25% market share), the Emergency was declared. Slide 13: A weak economy and labour issues compounded the problem and Nelco was quickly near collapse again. Cont’d…: Cont’d … For his next assignment, in 1977 he was asked to turn around the sick Empress Mills, which he did. However, he was refused a Rs 50 lakh investment required to make the textile unit competitive. Empress Mills floundered and was finally closed in 1986. Slide 15: In 1991, JRD Tata stepped down as Tata Industries chairman, naming Ratan as his successor. He was heavily criticized for lacking experience in running a company of the scale of Tata Industries. Slide 16: In 1991, he was appointed group chairman of the Tata group. As group chairman, he has been responsible for converting "the corporate commonwealth" of different Tata-affiliated companies into a cohesive company. Slide 17: He has been responsible for the acquisition of Tetley, Jaguar Land Rover and Corus, which have turned Tata from a largely India-centric company into a global business, with 65% revenues coming from abroad. Slide 18: He also pushed the development of Indica and the Nano. He is widely credited for the success of the Tata Group of companies, especially after the liberalization of controls after the 1990s. Slide 19: What makes Ratan Tata-The leader ? Slide 20: Visionary “ One hundred years from now, I expect the Tatas to be much bigger than it is now. More importantly, I hope the Group comes to be regarded as being the best in India.. best in the manner in which we operate, best in the products we deliver, and best in our value systems and ethics. Having said that, I hope that a hundred years from now we will spread our wings far beyond India.” Slide 21: Strategist "He is a deep thinker and extremely strategic. He is always 2-3 steps ahead" Alan Rosling Executive Director, Tata sons Slide 22: Initiator Change Champion "Ratan was the chief architect of the Corus deal. I was worried about the magnitude and the amount of money. But he instilled confidence." Muthuraman, Ex Managing Director, Tata Steel Slide 23: "While he doesn't look it, he's one of the toughest people I've ever known." says Muthuraman Risk taker “If you put a gun to my head, you had better take the gun away or pull the trigger, because I'm not moving.” Slide 24: Expertise "When you come to him for a critical decision, he will give you a very quick answer, his responses would be crisp, leaving no room for doubt….His involvement in cross-border deals could be quite significant. And that’s precisely what gives the CEOs the confidence to move ahead without doubts." Slide 25: Ratan Tata is a man of determination, says investment banker Uday Kotak . “Nothing he says is casual or off-hand. When he speaks, he means business.” Determination The Corus deal, adds Kotak, is the biggest example of Tata’s “courage and vision, which made India proud and a force to reckon with in the global canvas”. Slide 26: A man of integrity "Tata has shown that there is no other way he will do business other than do it ethically” Gopalakrishnan Executive Director , Tata Sons Awards… : Awards… Ratan Tata being awarded the Padma Bhushan ( 2000) : Ratan Tata being awarded the Padma Bhushan ( 2000) President Pratibha Patil presents the Padma Vibhushan award to Ratan Tata at the Rashtrapati Bhavan ( 2008): President Pratibha Patil presents the Padma Vibhushan award to Ratan Tata at the Rashtrapati Bhavan ( 2008) Slide 34: Recipient of the NASSCOM Global Leadership Awards (2008) Slide 35: Mr. Ratan Tata receiving the Lifetime Achievement award for Exemplifying from Mr. N.R. Narayana Murthy (2009). Tata Nano : Car of the Year at ICICI Bank-CNBC-TV18 Overdrive Awards 2010 : Tata Nano : Car of the Year at ICICI Bank-CNBC-TV18 Overdrive Awards 2010 Legend in Leadership award from Yale (2010): Legend in Leadership award from Yale (2010) Honored as 'Businessman of the Decade' by The Federation of Indo-Israeli Chambers of Commerce (2010). : Honored as 'Businessman of the Decade' by The Federation of Indo-Israeli Chambers of Commerce (2010) . Lifetime Achievement Award for Management by AIMA ( 2011): Lifetime Achievement Award for Management by AIMA ( 2011) Slide 40: www.tata.com wikipedia ibnlive.in.com www.indusview.com CNN.com International CONCLUSION: CONCLUSION Ratan Tata has been instrumental in transforming leadership ethos of the Indian business dynamics and placing India amongst the top global markets. Cont’d…: Cont’d… Ratan Tata has accomplished success without taking shortcuts. He has been very conscious of both the quality of the means and the social significance of the ends, showing the way forward to entrepreneurs, who wish to succeed without compromising their integrity and dignity. Cont’d…: Cont’d… His farsighted approach has made a tremendous contribution to the Indian business, development and social environment.