The person driving an organization significantly influences the organization’s success. This articles discusses the attributes of leadership built by a spearhead of a company that brought the firm huge success.
Ratan Naval Tata became one of the renowned business tycoon of India with his leadership characters. Here, we shall discuss the success of TATA group based on distinguishing factors possessed by Mr. Ratan Tata i.e. self-control, initiation and adaptability.
Mr. Tata completed his Bachelors in Agriculture with structural engineering from Cornell University in 1957. He then joined TATA Group of companies to start his carrier as a general working staff. He succeed his uncle JRD Tata as chairman of TATA Group in 1993.
TATA group has amassed billion dollar asset over the years credited mainly to headship style of its chairman Mr. Ratan Tata.
Style of His Leadership
MR. Tata was very flexible with his leadership role during his working tenure. Time and again, he strategized and transformed his leadership style keeping in mind the constant changes occurring time and again in the organization and made sure he never followed a single style of leadership.
Concepts for Self-Management
Leader’s characteristics influence the decisions made by an organization. Business always goes through transformation that requires a leader to act likewise. This section concentrates on some of the self-management concepts implemented by Ratan Tata in order to smoothly operate the company.
Mr. Tata made various initiatives during his tenure. He developed
The logo of TATA industries and recognized Tata industries on American market by listing TATA Motors on New York stock exchange. He also initiated TATA sky satellite. TATA indica, India’s first indigenous car along with the world’s cheapest car (Nano car) was developed by TATA group.
MR. Tata made collaborations with Jaguar and Land rover companies to begin production of luxury cars in India. These initiations improved the company’s total income from 1 billion dollar to 13 billion dollar. These actions of Mr. Ratan Tata vouches for the credibility of his leadership and creativity levels.
- Able to Adapt
Mr. Tata showed incredible adaptability as he recognized new trends of the then market and adjusted the company’s sailing direction. Tata Motors acquiring Jaguar and Land Rover, Tata Steel acquiring Corus are some examples. He drastically expanded the repertoire of TATA as he went on adding new business choosing from diverse fields that turned TATA Company from an India-centric company to global business. TATA sky satellite, one of his ventures transformed the telecommunication of India. His attributes helped him to learn and adapt to a situation quickly giving an outcome on the basis of expertise based intuition.
Mr. Tata had to face many challenges early in his carrier as he was constantly criticized for his actions and ideas, all the while competing with the industries giants. Regardless, he never seized believing in himself and kept encouraging himself including his staffs and associates. Tata’s idea of building the Nano car was massively criticized by his own company members but his steadiness painted his dream to sweet reality.
Ratan Tata’s attributes are praise-worthy and deserves respect. The world needs to learn from him. He should be a source of encouragement to anybody who is facing criticism and is passing through a hard phase of life.