Description
The ppt is about of Ratan Tata's leadership style.
Selection Process
Click to edit Master subtitle style
2/14/13
Suggested leaders
§ § § §
Saurav Ganguly Dhirubhai Ambani Vijay Mallya Ratan Naval Tata
Mode of selection
§
Group discussion
2/14/13
Saurav Ganguly
§
Most successful Indian cricket captain Known for his fighting spirit Misunderstanding with coach Greg Chappel Attitude problem- Arrogant
§ §
§
2/14/13
Dhirubhai Ambani
§
Created India’s largest private sector organization Reliance Industries Ltd. Known for his industrious nature and risk-taking ability Practiced unethical business practices
§
§
2/14/13
Vijay Mallya
§
Chairman of United Breweries Group and Kingfisher Airlines Notorious for his lavish and flamboyant life style Lack of taking up responsibility during failures Stand on various issues were considered unprincipled
§
§
§
2/14/13
Ratan Tata
§ §
Chairman of Tata Sons Always sets his eyes on opportunities within any adversity Most admired and most respected business leader of the MBAs studying at India’s leading MBA schools Less concern shown towards environment
§
§
2/14/13
Ratan Tata’s 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).
2/14/13
•
• •
•
Joined Tata group with Tata Steel
Ratan Tata’s 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.
•
•
•
2/14/13
Ratan Tata’s Qualities
• • • • • • •
Thought leadership Man of Ideas Leads by communication Bold & Aggressive Hands off approach Man of Integrity Selfless leader
2/14/13
Leadership Continuum
He is more towards the Democratic side “A certain independence and delegation has been there. An independent view has been taken and a fair degree - in fact, total autonomy - has been given to individual companies.” – Ratan N. Tata "We are organised more like a telephony model system, which is not one of 2/14/13 command-and-control, but one where
Follower Readiness
• •
Ability ? High Willingness ? High
Reflected in Tata Group companies viz. Tata Motors, Tata Steel, TCS, Tata Tetley Tea to name a few
2/14/13
Leadership Behavior
Ratan Tata’s leadership behavior is of delegating type He is involved in decision however the process and responsibility has been transferred to the individual company MDs Each company within the group has its own specific strategies and aspirations and thereby makes its decisions.
2/14/13
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 2/14/13 from Tata Conglomerate” – Dr. Satish
Leadership for change
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
2/14/13
Achievements of Ratan N. Tata
Click to edit Master subtitle style
2/14/13
Important Works by Ratan N. Tata
•
Tata Motors got listed in the New York Stock Exchange Tata’s acquired Corus, an AngloDutch steel and aluminum producer Turned Tata Steel into the world's lowest-cost steel producer Introduced India's first Indigenous car, the Indica
2/14/13
•
•
•
Important Works by Ratan N. Tata (contd.)
•
Developing the tiny Rs. one lakh car 'Nano‘ Tata Motors (in 2008) bought Jaguar & Land Rover from Ford Motor Company.
•
2/14/13
Awards received
• •
Padma Vibhushan (2008); NASSCOM Global Leadership Award (2008); the Carnegie Medal of Philanthropy on behalf of the Tata family (2007) 26th Robert S. Hatfield Fellow in Economic Education by Cornell University (2006)
2/14/13
•
•
•
Padma Bhushan (2000).
Media Recognitions
•
Counted in the 25 most powerful people in business named by Fortune magazine (November 2007) Listed as one amongst the World's 100 most influential people Time magazine (2008) NDTV Automotive Man of the Year (2008) award. Ratan Tata wins Autocar UK’s 2/14/13 Outstanding Achievement Award
•
•
•
Foreign Felicitations
•
Appointed honorary Knight Commander of the British Empire (2009) Conferred
–
•
honorary citizenship of Singapore (2008) honorary doctorate in science by the University of Warwick
–
honorary doctorate in business administration by the Ohio State 2/14/13 University
–
Features of Ratan Tata’s Leadership
Click to edit Master subtitle style
2/14/13
Concern For Employees
•
Tata Motors Attrition rate is the lowest in the industry. Tcs attrition rate is 12.1% which is lower compared to industry standards of 13%. Instills Confidence and Inspires integrity.
•
•
2/14/13
Transformational Leadership And Global Visionary
•
•
•
•
In most of Tata Companies today, group holding is 26% or higher which was very less earlier. Tata Motors ranks among the top five global truck manufacturers. Tata Tea is the world’s second largest branded tea company Tata Chemicals is the world’s second largest manufacture of soda ash.
2/14/13
Care For Society
• •
Ratan Tata Trust TIFR – Encouraging Paradigm scientific research work Tata Memorial Hospital Tata Group supports diverse social initiatives like TISS,NCPA and IISC.
• •
2/14/13
Transforming Vision into reality
• •
Larger dividends to shareholders Tata nano car – Rs. 1,00,000 car Vision into reality.
2/14/13
"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." -Ratan Tata
Click to edit Master subtitle style
2/14/13
Long term decisions
• •
Ushering young managers “a promise is a promise” – Nano project Nelco decision – changing product portfolio Going global – acquisition of Corus, Jaguar and Land Rover
2/14/13
•
•
•
“Ratan Tata is very focused on doing the right things and building what’s good for the long term.”
–
Adi Godrej, Chairman of Godrej Group
2/14/13
doc_310471718.pptx
The ppt is about of Ratan Tata's leadership style.
Selection Process
Click to edit Master subtitle style
2/14/13
Suggested leaders
§ § § §
Saurav Ganguly Dhirubhai Ambani Vijay Mallya Ratan Naval Tata
Mode of selection
§
Group discussion
2/14/13
Saurav Ganguly
§
Most successful Indian cricket captain Known for his fighting spirit Misunderstanding with coach Greg Chappel Attitude problem- Arrogant
§ §
§
2/14/13
Dhirubhai Ambani
§
Created India’s largest private sector organization Reliance Industries Ltd. Known for his industrious nature and risk-taking ability Practiced unethical business practices
§
§
2/14/13
Vijay Mallya
§
Chairman of United Breweries Group and Kingfisher Airlines Notorious for his lavish and flamboyant life style Lack of taking up responsibility during failures Stand on various issues were considered unprincipled
§
§
§
2/14/13
Ratan Tata
§ §
Chairman of Tata Sons Always sets his eyes on opportunities within any adversity Most admired and most respected business leader of the MBAs studying at India’s leading MBA schools Less concern shown towards environment
§
§
2/14/13
Ratan Tata’s 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).
2/14/13
•
• •
•
Joined Tata group with Tata Steel
Ratan Tata’s 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.
•
•
•
2/14/13
Ratan Tata’s Qualities
• • • • • • •
Thought leadership Man of Ideas Leads by communication Bold & Aggressive Hands off approach Man of Integrity Selfless leader
2/14/13
Leadership Continuum
He is more towards the Democratic side “A certain independence and delegation has been there. An independent view has been taken and a fair degree - in fact, total autonomy - has been given to individual companies.” – Ratan N. Tata "We are organised more like a telephony model system, which is not one of 2/14/13 command-and-control, but one where
Follower Readiness
• •
Ability ? High Willingness ? High
Reflected in Tata Group companies viz. Tata Motors, Tata Steel, TCS, Tata Tetley Tea to name a few
2/14/13
Leadership Behavior
Ratan Tata’s leadership behavior is of delegating type He is involved in decision however the process and responsibility has been transferred to the individual company MDs Each company within the group has its own specific strategies and aspirations and thereby makes its decisions.
2/14/13
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 2/14/13 from Tata Conglomerate” – Dr. Satish
Leadership for change
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
2/14/13
Achievements of Ratan N. Tata
Click to edit Master subtitle style
2/14/13
Important Works by Ratan N. Tata
•
Tata Motors got listed in the New York Stock Exchange Tata’s acquired Corus, an AngloDutch steel and aluminum producer Turned Tata Steel into the world's lowest-cost steel producer Introduced India's first Indigenous car, the Indica
2/14/13
•
•
•
Important Works by Ratan N. Tata (contd.)
•
Developing the tiny Rs. one lakh car 'Nano‘ Tata Motors (in 2008) bought Jaguar & Land Rover from Ford Motor Company.
•
2/14/13
Awards received
• •
Padma Vibhushan (2008); NASSCOM Global Leadership Award (2008); the Carnegie Medal of Philanthropy on behalf of the Tata family (2007) 26th Robert S. Hatfield Fellow in Economic Education by Cornell University (2006)
2/14/13
•
•
•
Padma Bhushan (2000).
Media Recognitions
•
Counted in the 25 most powerful people in business named by Fortune magazine (November 2007) Listed as one amongst the World's 100 most influential people Time magazine (2008) NDTV Automotive Man of the Year (2008) award. Ratan Tata wins Autocar UK’s 2/14/13 Outstanding Achievement Award
•
•
•
Foreign Felicitations
•
Appointed honorary Knight Commander of the British Empire (2009) Conferred
–
•
honorary citizenship of Singapore (2008) honorary doctorate in science by the University of Warwick
–
honorary doctorate in business administration by the Ohio State 2/14/13 University
–
Features of Ratan Tata’s Leadership
Click to edit Master subtitle style
2/14/13
Concern For Employees
•
Tata Motors Attrition rate is the lowest in the industry. Tcs attrition rate is 12.1% which is lower compared to industry standards of 13%. Instills Confidence and Inspires integrity.
•
•
2/14/13
Transformational Leadership And Global Visionary
•
•
•
•
In most of Tata Companies today, group holding is 26% or higher which was very less earlier. Tata Motors ranks among the top five global truck manufacturers. Tata Tea is the world’s second largest branded tea company Tata Chemicals is the world’s second largest manufacture of soda ash.
2/14/13
Care For Society
• •
Ratan Tata Trust TIFR – Encouraging Paradigm scientific research work Tata Memorial Hospital Tata Group supports diverse social initiatives like TISS,NCPA and IISC.
• •
2/14/13
Transforming Vision into reality
• •
Larger dividends to shareholders Tata nano car – Rs. 1,00,000 car Vision into reality.
2/14/13
"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." -Ratan Tata
Click to edit Master subtitle style
2/14/13
Long term decisions
• •
Ushering young managers “a promise is a promise” – Nano project Nelco decision – changing product portfolio Going global – acquisition of Corus, Jaguar and Land Rover
2/14/13
•
•
•
“Ratan Tata is very focused on doing the right things and building what’s good for the long term.”
–
Adi Godrej, Chairman of Godrej Group
2/14/13
doc_310471718.pptx