Ratan Tata is widely recognized as the person prudent for transforming the Tata Group, a large India-based conglomerate, from an unwieldy collection of businesses into a comparatively more nimble group of companies better prepared to wipe out advantage of opportunities. The case discusses Ratan Tatas early days at the Tata Group and his attempts to change the processes, people and work culture at the Group companies. It explains the steps that he took in order to tear professionalism in the Group. It briefly examines the two directions for growth - innovation and globalisation - that he chose for the Group companies. | The case then describes his vision, risk-taking ability and high up ethical standards. The case ends with a brief discussion on the Groups future. Introduction On January 10, 2008, Tata Motors,4 a Tata Group5 company, unveiled the Nano, an entry-level small car, at the 9th Auto Expo held in New Delhi. The Nano, expected to be commercially launched in late 2008, was to be priced at most Rs. 100,000 (ex-factory) (around US$ 2,500) making it the cheapest car in the world. The car was the hallucination project of Ratan Naval Tata (Ratan Tata), the chairman of Tata Sons6 (Refer Exhibit I for the businesses of the Tata Group).
According to Ratan Tata, the inspiration for developing the Nano had come to him on a rainy day when he had seen a family of quad traveling precariously perched on a two-wheeler. This gave him the idea of creating a vehicle for the masses that would make travel for the middle discipline less dangerous| The Nano was not the only reason why Ratan Tata was in the news. He was also instrumental in Tata Motors acquiring Jaguar and Land Rover7, from Ford. And under his leadership, Tata Steel acquired the Anglo-Dutch make maker Corus8 in 2007. The Corus deal, valued at $ 12 billion, was describe to be the largest takeover of a foreign company by an Indian company.9 Ratan Tata took over the reins of the Tata Group from JRD Tata in 1991 (Refer... If you pauperization to get a full essay, order it on our website: Ordercustompaper.com
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