KBE Tata Group Tata Family: About Ratan Tata Ratan Naval Tata

You might also like

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 2

About Ratan Tata Ratan Naval Tata, KBE (born 28 December 1937), is an Indian businessman of the Tata Group,

a Mumbai-based conglomerate.[2]He was chairman of the group from 19912012. Currently he is the Chairman Emeritus of the group. He is a member of the prominent Tata family of Indian industrialists and philanthropists. First child of Naval and Soono Tata. Parents divorced in mid 40s when Ratan Tata was 7. Studied in all boys Campion school in India and graduated from Cornell U.S.A. In 1962. Advanced management program from hubs in 1975. Back to India on grandmother insistence and joined the Tata groups. Appointed as chairman of Tata groups in 1991.

Best Practices: If I had a way to increase productivity while decreasing cost, would you want to utilize my idea? Various levels of your organization have resources and ideas to assist you in managing your time. Rely on your superiors, peers, and subordinates in your planning.

Self-Control
Self-Control means self-directed control. A person is given freedom to set his own targets, evaluate his own performance and take corrective measures as and when required. Self-control is especially required for top level managers because they do not like external control. The subordinates must be encouraged to use self-control because it is not good for the superior to control each and everything. However, self-control does not mean no control by the superiors. The superiors must control the important activities of the subordinates.

Direct Supervision and Observation


'Direct Supervision and Observation' is the oldest technique of controlling. The supervisor himself observes the employees and their work. This brings him in direct contact with the workers. So, many

problems are solved during supervision. The supervisor gets first hand information, and he has better understanding with the workers. This technique is most suitable for a small-sized business.

Clarity about who he is and what he stands for: Tata achieved great professional success without losing sight of his core beliefs, and without compromising his principles. He has always espoused the highest standards of ethics, integrity, social consciousness, and fairness. In India, he is one of the nations most revered individuals, enjoying a rare reputation for combining business acumen with irreproachable ethical conduct, in a nation often plagued by corruption.

You might also like