Selection Process

Suggested leaders

Saurav Ganguly Dhirubhai Ambani Vijay Mallya Ratan Naval Tata

Mode of selection Group discussion

Saurav Ganguly

Most successful Indian cricket captain Known for his fighting spirit Misunderstanding with coach Greg Chappel Attitude problem- Arrogant

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

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

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

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).• 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.

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.• 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)

Ratan Tata’s Qualities

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

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 command-and-control, but one where multiple activities are happening," says a Tata manager.

Follower Readiness

• Ability High• Willingness HighReflected in Tata Group companies viz. Tata Motors, Tata Steel, TCS, Tata Tetley Tea to name a few

Leadership Behavior

Ratan Tata’s leadership behavior is of delegating typeHe is involved in decision however the process and responsibility has been transferred to the individual company MDsEach company within the group has its own specific strategies and aspirations and thereby makes its decisions.

Leadership Grid

Ratan Tata can be classified in the team management category of the leadership gridEach 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 from Tata Conglomerate” – Dr. Satish Pradhan (Group Head of HR, Tata Group)

Leadership for change

Ratan Tata is a Transformational LeaderVisionary – Rs. 1,00,000 car (Nano), to make Tata as

global conglomerate Strategic Thinker – Taking over JLR, Corus, TetleyCommunicator – He could clearly communicate his vision to his group companiesChange 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’

Achievements of Ratan N. Tata

Important Works by Ratan N. Tata

• Tata Motors got listed in the New York Stock Exchange

• Tata’s acquired Corus, an Anglo-Dutch steel and aluminum producer

• Turned Tata Steel into the world's lowest-cost steel producer

• Introduced India's first Indigenous car, the Indica

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.

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)• 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 Outstanding

Achievement Award (2008)

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 University– honorary fellowship by the London School of Economics– honorary doctorate in technology by the Asian Institute of

Technology, Bangkok

Features of Ratan Tata’s Leadership

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.

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.

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.

Transforming Vision into reality

• Larger dividends to shareholders • Tata nano car – Rs. 1,00,000 car Vision into

reality.

"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

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

• “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