Ratan Tata: Leading the Tata Group into the 21st Century
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Case Code: BSTR284 Case Length: 19 Pages Period: 1991-2008 Pub Date: 2008 Teaching Note: Not Available |
Price: Rs.300 Organization: Tata Group Industry: Conglomerate Countries: India Themes: International Business Strategy, Restructuring, Leadership |
Abstract Case Intro 1 Case Intro 2 Excerpts
Excerpts
A Change Agent
When Ratan Tata took over as chairman, the Tata Group seemed on its way to disintegration, with powerful CEOs running some of the Group companies like their personal fiefdoms and challenging the core structure of the Group...
A Risk Taker
Ratan Tata was instrumental in changing the Tata Group's attitude toward risk. Earlier, the Group had been risk averse, and had had very few ambitious projects. By the mid-2000s, the Group companies had become more aggressive, with most of them entering new markets and developing new products...
Value Driven
From the beginning, the management at Tata Group had sought to function with ethics, integrity, social consciousness, and fairness...
What Next?
Ratan Tata believed that the biggest challenge for the Group was finding the right talent and retaining the Group's value systems as it grew bigger and more diverse.
He believed that the Group had to expand the managerial perspective while retaining the same ethical and moral standards. That made his failure to designate a successor all the more disconcerting. Some criticized the move to extend his tenure as the chairman till 2012...
Exhibits
Exhibit I: The Business Sectors of Tata Group as of 2008
Exhibit II: About JRD Tata
Exhibit III: The Pioneers of Tata Group
Exhibit IV: Business Portfolio of Tata Group in 1962
Exhibit V: Product Portfolio Milestones at Tata Motors under Ratan Tata
Exhibit VI: Acquisition and Mergers at the Tata Group under Ratan Tata
Exhibit VII: Ratan Tata - The Man
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