Retirement of Ratan Tata

INTRODUCTION
 Ratan Tata was Born in December 28, 1937
into the famous Tata family
 Ratan is the great grandson of Tata group founder
Jamsedji Tata

Ratan Tata completed his BSc degree in architecture with

structural engineering from Cornell University in 1962, and
the Advanced Management Program from Harvard Business
School in 1975.
He joined the Tata Group in December 1962, after
turning down a job with IBM on the advice of JRD
Tata.

Ratan N Tata has been the Chairman of Tata Sons, the

promoter company of the Tata group, since 1991
Successor to Ratan Tata
Initiates search for success. Tata Nano.

Tata’s intentions are clear – he wants quality and

quantity.

Tata Steel’s acquisition of Dutch steel major Corus in

2007.

Tata Motors taking over UK’s Jaguar Land Rover.

Quotes of success
Be bold; think big

“ Question the
unquestionable.” & “ a
promise is a promise,”
Awards and Recognitions
 On the occasion of India's 50th Republic Day on 26 January 2000, Ratan Tata
was honoured with the Padma Bhushan

 In February 2004, Ratan Tata was conferred the title of honorary economic
advisor to Hangzhou city in China.

 He was one of the recipients of the NASSCOM Global Leadership Awards

2008, given at a ceremony on February 14, 2008 in Mumbai.

 He was listed among the 25 most powerful people in business named by

Fortune magazine in November 2007

 In May 2008 Mr Tata made it to the Time magazine's 2008 list of the
World's 100 most influential people.

Tata was hailed for unveiling his tiny Rs. one lakh car 'Nano‘


On 26 January 2008, he was awarded the Padma Vibhushan


On 29 August 2008, the Government of Singapore conferred
honorary citizenship on Ratan Tata, in recognition of his
abiding business relationship with the island nation and his
contribution to the growth of high-tech sectors in Singapore.
Ratan Tata is the first Indian to receive this honour.


In 2009 he was appointed an honorary Knight Commander
of the British Empire
 RETIREMENT
Ratan Tata, Tata Group Chairman Retirement
On December 2012

The search for a successor to Ratan Tata

gathered momentum after India’s biggest
conglomerate said a five-member panel would
select its next chairman.

The successor would be chosen based on his

ability to grapple with the complexities of globalised
environment
The Group Executive Office (GEO) defines and reviews the
business activities of the Tata group and is involved in
implementing programmes in corporate governance, human
resources, the environment, etc

Besides Chairman Ratan N Tata, the GEO comprises R

Gopalakrishnan, Ishaat Hussain, Kishor Chaukar  and
Arunkumar Gandhi.

The GEO excluding RatanTata is responsible for selecting the

successor to the conglomerate.

This is the first such effort by an indian business group to

professionalise the search for a new leader.

“The company is not pushing me out ,I am choosing to go, its

my desire”.
 Thank you


Presented by:

Prahlad Baghel
Rashmi Dutta
Sruti chakraborty
Apoorva Priyadarshan
Sumit Suneja