Slide 1:A BUSINESS LEGEND- RATAN TATA PRESENTED BY: ATIF FARHAN DEEPTI CHAUHAN JUHI SINGH PALAK SHARMA SMARIKA DALAL SOMYA DIXIT


Slide 2:CONTENTS Introduction Characteristics Roles and tactics Powers Social responsibilities Awards and recognitions Criticism


Slide 3:A BUSINESS LEGEND


Slide 4: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.


Slide 5:Tata is single and leads a modest lifestyle in his bachelor apartment. The US-educated bachelor lives alone with his two German Shepherds in an apartment in Mumbai. He is known to be a supporter of the traditional Parsi way of life. He has a passion for home cooked food and is known to indulge deeply in art collection. A trained pilot who still takes to the skies on his own aircraft has picked up a number of awards. He is known to slip into the front seat alongside his driver to and from work.


Slide 6:Tata Chemicals Tata Power Tata international Tata Steel Tata Tea Tata Motors Tata Consultancy Services Rallis Indian Hotels Tata Finance Tata InfoTech Voltas Tata Interactive Systems Titan Tata Share Registry Tata Fin AMEX Tata Home Finance Tata Technologies Tata Refractories TAYO Rolls Tata Coffee Telcon Tata Services Tata SSL TRF Trent TACO TQMS TSMG Tata Industries TAL Automation NELCO Tata Tele Services Tata Auto plastics Tata Johnson Controls Tata Interactive Systems TCE Consulting Engrs. Tata Investment Corpn TECS TFS


Slide 7:The Tata Group consists of nearly 100 companies. Tata group is a multinational conglomerate and one of the largest private companies in India. Today, it has a strength of 350,000 employees all over the world and an estimated annual turnover of $62 billion USD. Tata’s contribution to India’s GDP is nearly 5.5% and 60% of its revenue comes from foreign countries. Tata group was always known for its business ethics and corporate governance. The Tata Group has spread its operations across six continents and more than 80 countries.


Slide 8:GUIDING PRINCIPELS OF TATA’S………


Slide 9:VERY DIGNIFIED ETHICAL DEPENDABLE BELIEVES IN KEEPING PROMISES LOYAL AND BELIEVES IN RELATIONSHIPS QUESTIONING THE UNQUESTIONABLE RISKTAKER NOT A SPECULATOR EXEMPALARY LEADERSHIP QUALITIES AND A TREMENDOUS MOTIVATOR PERSONALITY………..


What makes him RATAN TATA- the LEADER??? :What makes him RATAN TATA- the LEADER???


Slide 11:“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.” Visionary


Slide 12:Strategist "He is a deep thinker and extremely strategic. He is always 2-3 steps ahead"- Alan Rosling ED, Tata sons


Slide 13:"Ratan was the chief architect of the Corus deal. I was worried about the magnitude and the amount of money. But he instilled confidence." says Muthuraman. Initiator Change champion


Slide 14:“If you put a gun to my head, you had better take the gun away or pull the trigger, because I'm not moving.” "While he doesn't look it, he's one of the toughest people I've ever known." says Muthuraman Risk taker


Slide 15:"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." says Rosling. Expertise "He has a tremendous technological brain," says Tata Steel Managing Director B. Muthuraman


Slide 16:"Tata has shown that there is no other way he will do business other than do it ethically," says Gopalakrishnan. A man of integrity


Leadership managerialroles :Leadership managerialroles Figure head Entrepreneur Resource allocator role Disturbance handler


Influence Tactics :Influence Tactics Consultation Rational persuasion Exchange tactics


Ratan Tata’s Leadership style :Ratan Tata’s Leadership style


Slide 20:start good no repetitive strong weak 3 4 task relationship Fiedler model


Slide 21:1,9 9,9 RATAN TATA 5,5 1,1 9,1 LEADERSHIP GRID HIGH LOW 1 LOW 9 HIGH CONCERN FOR PEOPLE CONCERN FOR PRODUCTION


Slide 22: M JOB CENTERE……………………………........................EMPLOYEE CENTERED LEADERSHIP STYLE LEADERSHIP STYLE MICHIGAN LEADERSHIP MODEL


The Tata Business Excellence Model… :The Tata Business Excellence Model… “The true objective of setting these criteria, was never meant to be merely to use them as an assessment for an award, but more importantly, to utilize them for an institutionalized approach to drive performance and attain higher levels of efficiency in everything that a corporate entity does.” Mr. Ratan N. Tata


…and what it is about…... :…and what it is about…... A set of statements & questions That asks us to describe the way we conduct our business And provides us with insights on how we can improve What we do, and How we do it It makes us ensure that we have clear objectives both short & long term That these objectives are understood & shared by all of us. That we have a roadmap to achieve our objectives And that we implement, monitor, review & improve as we move forward.


WHY HAVE A BUSINESS EXCELLENCE MODEL? :WHY HAVE A BUSINESS EXCELLENCE MODEL? WHETHER MANDATED BY BE-BP OR OTHERWISE …


Need to Accelerate the Rate of Change :26 Need to Accelerate the Rate of Change We Need Radical Changes Breakthrough improvements


Need for Change… :27 Need for Change… Businesses that don’t change to adapt to the world’s pressures don’t survive. The world’s pressure sources are both changing and conflicting. Businesses must move to a “continuous change” mindset. Leaders must move to a “change is an opportunity” mindset. Pressure Source Direction of Pressure Customers More value Owners More return Competitors More market share Regulators More conformity Employees More involvement


Slide 28:28 Quest for the Best : Evolution


Types of Powers :Types of Powers POSITION POWER: Legitimate Power Informative Power PERSONAL POWER: Referent power expert power


Social responsibility :Social responsibility Community initiatives Environment The Tata Trusts Institutions Sports and arts


Awards and Recognition :Awards and Recognition Padma Bhushan on 26 January 2000 Padma Vibhushan . On 26 January 2008 NASSCOM Global Leadership on February 14 2008 in Mumbai Carnegie Medal of Philanthropy in 2007 Robert S. Hatfield Fellow in Economic Education In March 2006 London School of Economics and Indian Institute of Technology Kharagpur. the Government of Singapore conferred honorary citizenship on Ratan Tata, the title of honorary economic advisor to Hangzhou city in the Zhejiang province of China. Fortune magazine in November 2007 ,listed him among the 25 most powerfull business man Time magazine's 2008, listed him the World's 100 most influential people


Slide 32:Successor Criticisms Environmental Criticisms Unethical partners: the Dow chemical controversy CRITICISMS………..


Slide 33:“One hundred years from now, I expect Tatas to be much bigger, of course, 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 system and ethics. Having said that ,I hope that a hundred years from now we will Spread our wings far beyond India, that we become a global group, operating in many Countries, as Indian business conglomerate that is at home in the world, carrying the Same set of trust as we do today”


Bibliographywikipediawww.google.co.inwww.livinglegends.comwww.tata.com :Bibliographywikipediawww.google.co.inwww.livinglegends.comwww.tata.com