Leadership Qualities And Qualities Of Tata Group Essay

What do you think of some critics’ opinion that Ratan Tata was moving the group of companies in exactly the opposite direction from where it should be going?

Tata motors strategies in the new markets are appreciable. According to the market, company adopt better market entry strategy. Company has talented and skilled advisors.

A standout amongst the most well-known and regarded industrialists in India, Ratan Tata (Ratan Naval Tata), is the Chairman of the Tata Group which is situated in India and containing 98 working organizations spread across 56 countries in six continents. Ratan Tata, born on December 28, 1937 to Soonoo and Naval Hormusji Tata and is the great grandson of Jamsedji Tata founder of Tata group. Rattan’s childhood was troubled, his parents separated in the mid-1940 and Ratan and his brother were raised by their grandmother. He learned at the Campion School in Mumbai and at 15 years of age, he moved to the United States for further studies. He finished his graduation from Cornell University with a degree in Architecture and Structural Engineering in 1962 and briefly worked with Jones and Emmons in Los Angeles. He was offered a position at IBM, which he turned down on the advice of JRD Tata. He finished the Advanced Management Program at Harvard Business School in 197510. Left to him, Ratan Tata would most likely have stayed on in the United States in the wake of preparing as a draftsman at Cornell University. However the child of appointee gathering director Naval Tata and the nephew of JRD Tata couldn 't be permitted to work outside the gathering. In 1962, Ratan joined the family business, taking a shot at the Tata Steel shop floor at Jamshedpur, working with

The story of Tata begins in 1868 when a young boy named Jamsetji Tata joined his father's small trading company. Thirty-five years later, that same boy was the owner of India's largest textile company, Tata Textile. Over the last century, Tata has excelled in many different business sectors including Materials (Steel and Mining), Agriculture, Energy, Consumer Products, Information Technology, Consultancy, Finance, Automobiles, Chemicals, Engineering and Hospitality. Tata Group of Industries reported $17.6 billion in revenues in 2005, which is equivalent to 2.8 percent of India's GDP. In 2006, it is projecting its annual revenue to be around $24 billion. Figure 1 shows the breakdown of Tata's revenues for the

In this day, Tata is famous for its wide and one of the most advanced business sector in India. It spread its wings almost in all sectors ranging from automobiles to hotels. Most of the credit goes to the great man Jamsetji Tata. The man who foresaw the future and established Tata industries in the 19th century. It is also by far one of the oldest known names in business and industries. Jamsetji has made the world know the power of Indian entrepreneurship and talents.

I identify Richard Branson as one of the most distinct and famous leaders among the contemporary business leaders for this paper. There may be more famous, wealthy, and renown business leaders around or may be leading with many different leadership styles of those who are CEO’s and founders, but I chose Richard Branson and I would like to analyze and evaluate his unique leadership approach and his natural gifted/talents of leading people to grow and become successful.

In the modern era to be one in its own and to be global leading firm, not only huge investments and large infrastructure required, along with these there is a great need of perfect, efficient and effective leadership, leadership programs and motivational skills. These entire together make a firm more innovative and perfectly sound .The example is here Alcan’s Australia Limited which is a mixture of all these skills and effective operations and today, a Australian leading company.

In over legendary 50 years, Ratan Tata established unrivalled standards of probity and professionalism in management.

Difficulty in finding similarities in markets or operational capabilities; Tata has more than 100 operating companies in seven main business groups doing business in 80 countries: chemicals, information systems and communications, consumer products, energy, engineering, materials, and services. It’s difficult to find similarities in markets or operational capabilities, so they need more effort to develop to different strategies for different markets especially for consumer products. More complex and challenging process of managing strategically it face.

Chapter 7: Merger and Acquisition Strategy ---- House of Tata: Acquiring a Global Footprint (written by Tarun Khanna, Krishna G. Palepu, and Richard J. Bullock)

In this term of our discussion we’re talking about business environment. It’s like an overview of the whole business environment. Simply environment of a business means the external forces including the business decisions. They can be forces of economic, social, political and technological factors.

Economic With business practices all over the world , Tata Motors concentrates on global economies while focusing on individual markets within countries. In recent years Tata Motors has experienced high growth since 2004. They have created joint ventures with 5 countries across the

An organization is solely dependent on leadership abilities of its leaders and how they implement their transformational and relationship skills. They can revitalize the company and bring extraordinary changes by following the principles of transformational changes such as inspiring others, setting motivational examples and taking wise decisions at critical moments. Also, their good relationship skills can not only make their work easier but create a positive environment for other coworkers. “Being in a Leadership position is always challenging” (Garcia, 2009, p. 203)

Since its establishment, Tata has shown a strategy of incremental change. Arguably, that point was important because so the group might vary within the current market. In the nineteenth – century steel was seen as an unprofitable section. Even more than 50 independent steel producers went into bankruptcy in the USA (Business Monitor International Ltd, 2010: 54).

Leadership could be considered a process, not a position, so it is important to understand that all leaders vary in the way they will lead. Leadership can be loosely defined as "the process of influencing an organised group towards accomplishing it 's