Scribd
Upload
205 views

Achievement: Intended Course Outcome (Cos) : Aim of Report

1) Ratan Tata is an Indian industrialist who served as the Chairman of Tata Group, one of India's largest conglomerates, from 1991 to 2012. 2) Under his leadership, Tata Group expanded significantly through strategic acquisitions and grew to become a global brand. 3) Ratan Tata demonstrated exemplary entrepreneurial traits through his visionary leadership and philanthropic activities that contributed greatly to India's economic growth and development.

Uploaded by

Ss1122
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
205 views

Achievement: Intended Course Outcome (Cos) : Aim of Report

1) Ratan Tata is an Indian industrialist who served as the Chairman of Tata Group, one of India's largest conglomerates, from 1991 to 2012. 2) Under his leadership, Tata Group expanded significantly through strategic acquisitions and grew to become a global brand. 3) Ratan Tata demonstrated exemplary entrepreneurial traits through his visionary leadership and philanthropic activities that contributed greatly to India's economic growth and development.

Uploaded by

Ss1122
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 4

Practical No :-1

Title:- Profile summery of successful entrepreneur indicating milestone


achievement

Intended Course Outcome(COs) :


1. Identify our entrepreneurial traits.

Aim Of Report:
To formulate an awareness of strategic areas, to critically appraise and practice of
entrepreneurial strategy.

Who is Ratan Tata?


Ratan Tata is one of the leading Indian industrialists, ex- Chairman of the largest Indian
conglomerate, Tata Group of Companies. He currently holds the post of Chairman Emeritus of
Tata Sons, the holding company of the Tata Group which controls some of the major companies
including Tata Steel, Tata Motors, Tata Power, Tata Consultancy Services, Indian Hotels and
Tata Teleservices. Brought up by his grandmother from the age of ten when his parents
separated, he became actively involved in the family business after completing his graduation.
He started as a fellow worker on the shop floor at Tata Steel and gained an insight about his
family business. After the retirement of J.R.D. Tata, he became the new Chairman of the Tata
Group. Under his leadership, the organization achieved new heights and generated large
amount of overseas revenues. He was instrumental in the acquisition of Tetley, Jaguar Land
Rover and Corus, which turned Tata from a major India-Centric company to a global brand
name.
Apart from expanding his multinational, he has also served in various capacities in
organizations in India and abroad. He is also a leading philanthropist and more than half of his
share in the group is invested in charitable trusts. Through his pioneering ideas and positive
outlook, he continues to serve as a guiding force for his conglomerate even after retirement.

Childhood & Early Life


 He was born on December 28, 1937 in Surat, India, to Naval Tata and Sonoo. Naval Tata was
the adopted son of the Jamsetji Tata’s younger son Ratanji Tata. Jamsetji Tata was the
founder of the Tata Group of Companies. Ratan Tata has a brother, Jimmy, and a step-
brother, Noel Tata.
 When he was ten, his parents, got separated and thereafter, he and his brother were brought
up by his grandmother, Navajbai Tata. o He received his early education from the Campion
School, Mumbai and finished his schooling from the Cathedral and John Conon School,
Mumbai. In 1962, he obtained his B.S. in architecture with structural engineering from
Cornell University, U.S.A.
 Later he got enrolled at the Harvard Business School and completed an Advanced
Management Program in 1975.

Career
 In 1962, he started his career with the Tata Steel division where he shoveled stones and
worked with the furnaces along with the blue-collar employees. It was a difficult job and
helped him gain a better understanding and respect for his family business.
 In 1971, he was appointed as the Director-in-Charge of the National Radio & Electronics
Company Limited (NELCO) in order to help its struggling finances. He worked towards
building a better consumer electronics division but the economic recession and union
strikes prevented him from achieving success.
 In 1977, he was moved to Empress Mills, a struggling textile mill within the Tata Group. He
proposed a plan for the mill but the other Tata executives rejected it and the mill was shut
down. Later, he was moved to the Tata Industries.
 In 1991, J.R.D. Tata appointed him as the new Chairman of the Tata Group of Companies.
This decision came under scrutiny following objections from other executives of the
company and questions were raised regarding his ability to run the corporation.
 But he succeeded in improving the financial success of the industries and expanded the
growth of the organization under his leadership. He transformed the management and
vision of the division, and managed to bring in significantly larger dividends.
 He also became a member of the Prime Minister's Council on Trade and Industry. He served
on the advisory board of the RAND's center for Asia Pacific Policy and is also an active
participant in India's AIDS initiative program.
 He also holds the membership of the international advisory board of the Mitsubishi
Cooperation, the American International Group, JP Morgan Chase and Booze Allen Hamilton.
o On his 75th birthday, i.e, on 28 December 2012 he resigned from the post of Chairman of
Tata Group and was succeeded by Cyrus Mistry, managing director of Shapoorji Pallonji
Group. Even after retirement, he is still an active businessman and invests in upcoming
promising business ventures.

Major Works

 As the Chairman of Tata Group, he was able to achieve international recognition and
prestige for his company. The astounding financial success of the company brought the Tata
Group to the New York Stock Exchange and under his supervision the corporation became a
global brand by acquiring many companies including Tetley, Jaguar Land Rover, and Corus.
 He was instrumental in the conception and building of Tata Nano and Tata Indica cars.
 He is also a notable philanthropist and more than 65% of his share is invested in charitable
trusts. One of the primary goals of his life has been to raise the quality of life of Indians along
with human development.

Awards & Achievements


 In 2000, he was conferred the Padma Bhushan, the third highest civilian honor awarded by
the Government of India.
 In 2004, he received the ‘Medal of the Oriental Republic of Uruguay’ from the Government of
Uruguay.
 In 2005, he was conferred the ‘International Distinguished Achievement Award’ by the B'nai
B'rith International.
 In 2007, he was conferred the Honorary Fellowship of The London School of Economics and
Political Science.
 In 2008, he was awarded the ‘Padma Vibhusan’, the second highest civilian honor awarded
by the Government of India.
 In 2009, he received the ‘Award of 'Grand Officer' of the Order of Merit of the Italian
Republic’ from the Government of Italy.
 In 2009, he was awarded the title of Honorary Knight Commander of the Order of the British
Empire, United Kingdom.
 In 2010, he won the ‘Oslo Business for Peace Award’ presented by the Business for Peace
Foundation.
 In 2014, he was conferred the ‘Honorary Knight Grand Cross of The Order of the British
Empire’.

Personal Life & Legacy


 Ratan Tata is a bachelor. He is known for his low-profile lifestyle. He resides in a simple
house in Mumbai and drives around in a Tata Sedan.
Marks Obtained Dated Signature Of
Teacher

Process related Product related Total

(35) (15) (50)

You might also like