“Leadership depends on the leader's leadership style and their way of communicating ideas rather than the leader”, says Tata. Sir Ratan Tata of the Tata Group is a more transformative leader. He established Tata Group as a global brand. He has served as an inspiration to executives inside his firm. At every level of the Tata Group, leaders are involved in decision making. Ratan Tata is an example of a leader who is devoted to the Triple Bottom Line. Ratan Naval Tata has also been honoured with the "PadamVibhushan" and "PadamBhushan" in 2008 and 2000, respectively, for his contributions to commerce and industry. In my perspective, he is the most notable Indian leader whose inner ideals and exterior deeds reflect an advanced higher degree of responsible leadership.
Leadership is not always about developing the strategy and building a successful team but also about becoming a good human being. The five qualities below make Ratan Tata a great leader:
1. He has a unique point of view. When he joined the company, it didn't do much business outside of India. Even though many people opposed him, he insisted that the firm become worldwide. Overseas income now accounts for half of Tata's total revenue. Tata purchased trademarks such as Tetley, Jaguar Land Rover, and Taj Boston under his leadership.
2. He is well-known for his humility, as seen in several cases. He began his career as a blue-collar worker for Tata Steel. He visited the families of the 80 employees who were affected by the terrorist events on September 11, 2001. He knows practically everyone by the first name and is not dismissive. There are several examples of his attentiveness, and he is well-liked by everyone who knows him.
3. He is the best decision-maker. A famous quote of his is “I don’t believe in making the right decisions. I take decisions and then make them right.”
4. He inspires others. Tata succeeds because its people and management uphold its ideals. Ratan Tata has ensured that the massive corporation adheres to Tata principles. The company's aim is "to improve the lives of the communities we serve globally”.
5. He likes to take risks. He has taken significant decisions, such as developing the Tata Nano and owning Europe's second-largest steelmaker.
He persuaded Tata Tea to buy Tetley, Tata Motors to buy Jaguar Land Rover, and Tata Steel to buy Corus. All of this transformed Tata from a mostly Indian conglomerate into a worldwide corporation, with operations and sales in more than 100 countries accounting for more than 65 per cent of total revenue. He designed the Tata Nano automobile.
He always follows his five principles to accomplish his goals:
1. TVC:- Trust, values, and commitment are important components of the Tata Group, and you should prioritize values and commitment over profits.
2. Never stop learning:- No matter how many degrees you have, you should never stop learning and never believe that something is impossible for you because the phrase itself says "I am possible."
3. Use your emotion for achievement:- Never make a choice when you are angry or unhappy because "an angry mind is a narrow mind." Instead, channel your anger into drive and achieve great success.
4. Appreciate your team:- No organization has ever achieved anything without teamwork and support. There is also a quote from Sir Ratan Tata.
5. Believe in your decision:- Accept the stones that others fling at you. And utilize them to erect a memorial"
Ratan Tata is a perfect example of a leader who is dedicated to the Triple Bottom Line. In my perspective, he is the most notable Indian leader whose inner ideals and exterior deeds reflect a more mature and responsible level of leadership.
He encourages others. Tata succeeds because its people and management uphold its ideals. Tata has ensured that the massive corporation adheres to Tata principles. The company aims to "improve the lives of the communities we serve globally."