We use the word Tata to say good bye and he has built an empire around that word. He took reins from JRD Tata in 1991 and went on to become one of the most prominent businessmen in the country. He got the reigns of Tata group not because he was Tata, he proved his worth for that position. He started his career on shop floor in steel factory in Jamshedpur. There, he used to shovel limestone and used to handle the blast furnace. Before joining TISCO, he was working in architectural company in Los Angeles. He became an architect in US and was happily employed there. He came back in this country and started working here because his grand mother wanted him to do so.
He worked on the shop floor and production relayed operations for quite some time. Then he was given the charge of NELCO, no one was ready to take charge of that company. According to him, he started enjoying himself from the moment he was given the charge of NELCO. Then in 1991, he was named successor of Tata group. At the age of 90, JRD Tata decided to hang his boots after naming him his successor. Ratan Tata began his tenure by setting retirement age. He replaced lot of company heads as they were ageing. Then he made individual companies to report at the group office and contribute some of their profit to build the Tata group brand.
He was the chairman of Tata group of companies for 21 years and during that period, the company’s profit grew over fifty times and revenue over forty times. He led his group of companies to global market by acquiring brands like Tetley, Jaguar, Land Rover and Corus. In this journey, he had some setbacks as well but he converted those setbacks into milestones. In 1999, he went to sell Tata Motors to Ford motors as it was making huge losses. There, he was humiliated by the officials of ford motors. He came back without making a deal. Then in 2008, he took over Jaguar and Land Rover from Ford motors. Not only that, he converted the losses of those two brands in profit and increased it six times.
No one can destroy iron but its own rust can! Likewise, no one can destroy a person but his own mindset can.
Ratan Tata became the chairman of Tata group in 90s and he grew as an entrepreneur with 90s generation. Thus, he is an inspiration for 90s generation. Being a 90s kid, I get inspired by his dedication, hard work, leadership abilities, ideologies and commitment. People, who know him well say, “he is a man of his words. He always does what he commits to do.” In the time when other businessmen were building penthouses or 27 floor building for themselves, he preferred to take salary instead of share in profit. He launched world’s cheapest car keeping India’s middle-class category (of people) in mind. Today, he is directly helping 90s kids by investing in their start up. After achieving so much as an entrepreneur, he still says that I am learning from the next generation (90s generation) entrepreneurs.
If you are a 90s kid and aspire to be an entrepreneur then Ratan Tata should be your role model.
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I have forever looked up to and been inspired by Ratan Tata. His integrity and zeal to keep growing is something that has remained unmatched in any other leader in India. Very Inspiring post
Thank you and yes, you are right, in some aspects, he is unmatched leader and businessman in India. Tell me what do you think about other posts in this blog series.
I have high respect for this person. Really an inspiration
He really is. Tell me what do you think about other posts in this blog series.
Not checked them curently. Will check later ๐
okay ๐
He is such a genius and amazing businessman. Really he got something else which we dnt have. You write very well about him and his success journey.
thank you. ๐
He’s the role model and a true legend Her journey is so inspiring love this kids from 90s
Yeah, he is role model and legend for 90s kid’s but who is her? ๐
An article I totally agree with. He is an inspiration even today for so many Indians, a guy whom everyone should read up on during school ideally.
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Exactly.
of what he did or what he did not, i cannot cease to admire what he did during the Mumbai Terrorist attacks.
Oh! That I don’t know. Can you put some light on that?
Very rarely I have seen a blogpost being written on Ratan Tatatji and thanks for this for all the management practices that he has introduced to modern India.
yes, that’s why he is 90s kid’s superstar. ๐
Ratan Tata has been truly a pioneer and built some solid businesses out there for India. And as someone mentioned above you should read what he did to manage the aftermath of the terrorist attack at Taj in Mumbai. truly heroic and noble
I don’t know what he did. Can you put some light on it?
This was a very inspirational read. Got a chance to meet him during our annual school event once.
Wow! Lucky you.
Ratan Tata – the man with vision and mission
Truely inspiring.