The Legendary

RATAN TATA
“a promise is a promise”
 Topics

 About Tata Group  Philosophy

 Ratan Tata – Profile  RTN’s other side
 History / Career  RTN about India
 TEBM  RTN about his
 Current Position experience
 Future Plans  26/11
 Leadership Style  Cyrus Mistri
 Achievements  Advice to Cyrus Mistri
 Qualities  Conclusion
 Reference
The Legendary
RATAN TATA
Why this presentation today???

ANY GUESS????

The Legendary
RATAN TATA
About Tata Group

 Type : Private
 Industry : Conglomerate
 Founded : 1868
 Founder(s) : Jamsedji Tata
 Headquarters : Mumbai, Maharashtra, India
 Area served : Worldwide
 Key people : Ratan Naval Tata (Chairman)
Cyrus Pallonji Mistry (Deputy
Chairman)

The Legendary
RATAN TATA
About Tata Group

 Products : Automotive, steel, information

technology, electricity
generation, chemicals,
beverages, telecom, hospitality,
retail, consumer goods,
engineering goods.
 Revenue : US$ 100 billion (2011-12)
 Profit : US$ 5.23 billion (2011-12)
 Total assets : US$ 77.7 billion (2011-12)
 Owner(s) : Tata Sons
 Employees : 455,947 (2011-12)
 Website : www.tata.com
The Legendary
RATAN TATA
Please have a look at this picture for a moment…!!!

The Legendary
RATAN TATA
The Legendary
RATAN TATA
“a promise is a promise”

The Legendary
RATAN TATA
 Profile

 Born : 28 December 1937 (age 74)

Bombay, Bombay Presidency,
British India
 Residence : Colaba, Mumbai, India
 Nationality : Indian
 Ethnicity : Parsi
 Alma mater : Cornell University, Harvard
University
 Religion : Zoroastrian
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RATAN TATA
 History/ Career

 First child of Naval and Soonoo Tata. (1937)

 Parents divorced in mid 40‟s when he was 7.
 Studied in Campion school, Mumbai
 Studied Architecture and structural engineering at
Cornell University (1962).
 Joined Tata group with Tata Steel Division.
 Became Director-in-Charge of the National Radio &
Electronics Company Limited (Nelco) (1971).
 Advanced management program from HBS in 1975.
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RATAN TATA
 History/ Career

 Moved to Empress Mills in 1977, a struggling textile

mill within the Tata Group.
 Ratan was named director of Tata Industries (1981).
 Appointed chairman of TATA group in 1991.
 Initiated project Indica which was launched in 1998.
 Under the chairmanship of Ratan Tata, Tata Sons
successfully acquired Corus Group. (2007)
 Under Ratan Tata, Tata Motors bought Jaguar & Land
Rover from Ford Motor Company. (2008)
 Tata is set to retire in December 2012 The Legendary
RATAN TATA
 Tata Business Excellence Model (TBEM)

Seven core aspects of business operations:

 Leadership
 Strategic planning
 Customer focus
 Measurement, analysis and knowledge management
 Workforce focus
 Process management & outcomes of financial and
non-financial parameters
 Business results
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RATAN TATA
 Current Position

 100 operating companies (31 listed)

 Spread across 80 countries in 6 continents
 Employing 4.5 lakhs employees
 Brought national revenue from Rs. 18,953 crore to Rs.
4.75 lakh crore (1994-2012)
 Brought international revenue from USD 4.7 billion (FY
2005) to USD 58.5 billion (FY 2012)
 Tata Steels – one among top 10 steel makers
 Tata Motors – one among top 5 commercial vechile
makers
The Legendary
RATAN TATA
 Tata Global Beverages – 2nd largest tea company
 Tata Chemicals – ranks 2nd in the world in soda ash
 Tata Motors and Tata Communications are listed on the
New York Stock Exchange
 TCS is considered as “The jewel in the group‟s crown”
as far as the market cap is concerned

The Legendary
RATAN TATA
 Future Plans\ Successor

 Cyrus P Mistry, the 43-year-old, MD of Shapoorji

Pallonji Group, will succeed Ratan Tata.

The Legendary
RATAN TATA
 “Promise is a promise”

• "major part of the country will be able to sit in it”

• Made and sold in India, the Nano is the cheapest
car in the world today
•Also called one-lakh car or people‟s car The Legendary
RATAN TATA
 Leadership Style

Ratan Tata is a Transformational Leader.

Visionary – Rs. 1,00,000 car (Nano), to make Tata as

global conglomerate
Strategic Thinker – Taking over JLR, Corus, Tetley
Communicator – He could clearly communicate his
vision to his group companies
Change Agent – Culture change in Tata. „performance
targets-to be first or second in its industry, and to meet
quantified goals for leadership and innovation-or be sold‟
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RATAN TATA
Achievements

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RATAN TATA
 Ratan Tata’s qualities

 Thought leadership
 Man of Ideas
 Leads by communication
 Bold & Aggressive
 Hands off approach
 Man of Integrity
 Selfless leader

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RATAN TATA
 Ratan Tata Philosophy

 Adherence to values
 Setting up processes
 Workman- like approach
 Commitment and obstinacy on principles
 Accepting responsibility
 Reticent and dignified
 Courage of conviction
 Innovation
 Delegative style, gives freedom to individuals
The Legendary
Courtesy – Entrepreneur, Dec 2012. RATAN TATA
 Ratan Tata’s Other Side

 Not afraid to say, „I don‟t know‟

 Loves nature
 Enjoys solitude
 Hugely interested in technology and is updated about
latest developments
 Likes being useful to others
 Reads book on business
 Prefers soup and steamed fish
 Loves to fly, swim, scuba dive, drive
The Legendary

Courtesy – Entrepreneur, Dec 2012.

RATAN TATA
 Ratan Tata about India

 “I am proud of my country. But we need to unite to make

a unified India, free of communalism and casteism. We
need to build India into a land of equal opportunity for
all. We can be a truly great nation if we set our sights
high and deliver to the people the fruits of continued
growth, prosperity and equal opportunity.”
- Ratan Tata

The Legendary
RATAN TATA
 Ratan Tata about his experience

 “On the whole it has been a very rewarding experience.

I tried to uphold the values and ethical standards that
were there. I feel satisfied that I have done my best to do
what I considered to be the right thing and that has
been there throughout.”
- Ratan Tata

The Legendary
RATAN TATA
 RTN’s humane gestures (in the aftermath
of 26/11)

Mr. Tata‟s approach was

simply this: The
organisation would spend
several hundred crores of
rupees on rebuilding the
property – why not spend
equally on the employees
who gave their lives and
suffered?

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RATAN TATA
 Cyrus Mistry

 Born : 4 July 1968 (age 44)

 Nationality : Irish[1]
 Ethnicity : Parsi
 Alma mater : Imperial College London
London Business School
 Occupation : Deputy Chairman of Tata Sons
 Religion : Zoroastrianism
 Spouse(s) : Rohiqa Mistry
 Children : 2
 Parents : Pallonji Mistry
Patsy Perin Dubash The Legendary
RATAN TATA
 RNT’s advice to Cyrus Mistry

I would hope that my successors would never

compromise and turn to soft options to meet their ends
and never allow the Tata Group to join the growing
number of companies in India which have shed their
values, forgotten about their integrity and closed their
eyes to maintaining ethical standards”
(Ratan Tata said about his successors in 2003)
 “Be your own man”
 “you should be your own person, you should take your
own call and you should decide what you want to”
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RATAN TATA
 “He is a deep thinker, extremely strategic and long term.
He is always two-three moves ahead.”
 "He has had significant personal impact on the way the
group has changed and internationalized, but he has
done it through colleagues. That is what leadership is all
about."

-Alan Rosling , Executive director, Tata Sons

The Legendary
RATAN TATA
 “He saw the group not just as an Indian business group
but as a global conglomerate from India.”
 “had the guts to take up Nelco - a company that was
never a star in the Tata stable or outside of it - and
experiment.”

– by Anuradha Parthasarathy (Business World)

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RATAN TATA
 “Every time you meet him, he is so affable, warm,
friendly and down to earth”
- Ahuja (Economic Times)

The Legendary
RATAN TATA
Do you remember this picture..?

The Legendary
RATAN TATA
Do you remember this picture…???

The Legendary
RATAN TATA

The Legendary
RATAN TATA
 Conclusion

 Indian version of “STEVE JOBS”

The Legendary
RATAN TATA
 Videos

 Tata Group Corporate Video

 Ratan Tata reveals why he did not get married
 RTN‟s enviable journey

The Legendary
RATAN TATA
 Reference

 www.tata.com  www.youtube.com
 www.wikipedia.en  www.rotaryclubofbomba
 www.scribd.com y.org
 www.timesofindia.com  www.ndtv.com
 www.thehindu.com  Entrepreneur, Dec 2012
 www.economictimes.co
m
 www.investing.business
week.com
 www.woopidoo.com
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RATAN TATA
Questions…??

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RATAN TATA
Thank You

TEAM MEMBERS

•J E R I N J A C O B
•P R A D E E S H
•N I T H I N R A J
•D I N E S H
•R E E J I N
•A R U N

The Legendary
RATAN TATA
The Legendary
RATAN TATA

“Take the stones people throw at you,

And use them to build a monument”