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8/2/2019 Corporate Leader

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Corporate Leader


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Ratan Naval TataPresent Chairman Of Tata Group(A Business Legend)


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Introduction Ratan N Tata born on December 28, 1937,in Bombay. Present Chairman Of Tata Group. He is also the chairman of major Tatacompanies such as Tata Steel, TataMotors, Tata Power, Tata ConsultancyServices, Tata Tea, Tata Chemicals, TheIndian Hotels Company and Tata Teleservices


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Childhood Ratan Tata was born into the famous Tata

family.

A prominent family belonging to Mumbai'swealthy Parsi community.

He was born to Soonoo and Naval HormusjiTata.

Ratan is the great grandson of Tata groupfounder Jamsedji Tata


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Cont.His childhood was troubled, with his parentsseparating in the mid-1940s when he wasmerely seven and his younger brother jimmy

was five years old. Their mother moved out andboth ratan and his brother were raised by their

grandmother lady navajbai.


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Early career Ratan Tata completed his schooling from

Campion School in Mumbai. He completed his BSc degree in architecture

with structural engineering from CornellUniversity in 1962.

And the Advanced Management Programfrom Harvard Business School in 1975.

He joined the Tata Group in December 1962,after turning down a job with IBM on the adviceof JRD Tata. He was first sent to Jamshedpur towork at Tata Steel.


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Career In 1971, Ratan was appointed the Director-in-

Charge of The National Radio & ElectronicsCompany Limited (Nelco).

In 1981, Ratan was named director of TataIndustries, the Group's other holding company.

In 1991, he took over as group chairmanfrom J.R.D. Tata.

Under Ratan's guidance, Tata ConsultancyServices went public and Tata Motors was listedon the New York Stock Exchange.


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Contd In 1998, Tata Motors introduced his brainchild, the Tata

Indica.

On January 31, 2007, under the chairmanship of Ratan Tata,Tata Sons successfully acquired Corus Group, an Anglo-

Dutch steel and aluminium producer. With the acquisition,Ratan Tata became a celebrated personality in Indiancorporate business culture. The merger created the fifthlargest steel producing entity in the world.

On March 26, 2008, Tata Motors, under Ratan Tata, boughtJaguar & Land Rover from Ford Motor Company. The twoiconic British brands, Jaguar and Land Rover, were acquiredfor 1.15 billion ($2.3 billion).


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Principles of Tatas1. Nothing worthwhile is ever achieved withoutdeep thought and hard work.

2. Good human relations not only bring greatpersonal rewards but are essential to the success ofany enterprise.

3. No success is worthwhile unless it serves theneeds or interests of the country and its people andis achieved by fair and honest means.


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Social Responsibility

Community Initiatives

Environment The Tata Trust

Institutions

Sports & Arts


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Awards and recognition

On the occasion of India's 50th Republic Dayon 26 January 2000, Ratan Tata washonoured with the Padma Bhushan.

In February 2004, Ratan Tata was conferredthe title of honorary economic advisorto Hangzhou city in the Zhejiang provinceof China.

In 2006 he received the FIRST Award forResponsible Capitalism.


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Contd In March 2006 Tata was honoured by Cornell

University as the 26th Robert S. Hatfield Fellowin Economic Education, considered the highesthonor the university awards to distinguished

individuals from the corporate sector. He was listed among the 25 most powerful

people in business named by Fortune magazinein November 2007.

In May 2008 Mr Tata made it to the Timemagazine's 2008 list of the World's 100 mostinfluential people.


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Contd.In 2009 he was appointed an honorary Knight

Commander of the British Empire.

He has also been conferred an honorary

doctorate in business administration bythe Ohio State University.

An honorary doctorate in technology by

the Asian Institute of Technology, Bangkok. An honorary doctorate in science by

the University of Warwick.


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Contd An honorary fellowship by the London School

of Economics.

He has recently received an honorary Doctor

of Law from the University of Cambridge.

In 2010, Ratan Tata was named one of the '50

People Who Matter 2010 by New

Statesman Magazine


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The hundred years from now, I expect Tata's to be much

bigger,ofcourse,than it is now. More importantaly,I hopethe group comes to be regarded as being the best in India.Best in manner in which we operate, Best in the productswe deliver , and best in our system & ethics . Having said

that , I hope that a hundred years from now we willbread our wings far beyond India , that we become aglobal group , operating in many countries , as Indianbusiness conglomerate that is at home in the world ,

carrying the same set of trust as we do today

RATAN N. TATA

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