eminent personality.docx
TRANSCRIPT
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Good Afternoon to one and all present here. I am Kunal Patel; roll number 12065 and I will be
explaining the personality traits of Mr. Ratan Tata
Ratan Tata is a Visionary. Not that world knew of already, He is a Dreamer and such people can not only
envision future but also think far beyond in the future than anyone else's imagination. His life has manysuch instances which reflect this side of him. He has this rare ability of thinking big and at the same time
not loses the sight of whats needed at the grassroots levels. This explains why the Tata Group pick up
the luxurious Pierre Hotel in New York, while Tata is also driving the launch of the budget Ginger hotels
in India. He was no taken all that seriously when he first coined the concept of a "Rupees One Lakh" car
(which eventually came to known as "Tata Nano"). He had to face a lot of opposition to even sell that
dream to his own organization. Finally, he persisted. Even the dream of rolling out Tata Indica was a sort
of first in the market which was dominated by Maruti in the Small car segment. Its said that People
literally wrote him off when Tata brought the idea of building a passenger car with "the Zen's size, the
Ambassador's internal dimensions and the price of a Maruti 800". The result is now for everyone to see
with Tata Indica being so successful on Indian roads (sold more than a million Passenger cars since 1998
debut).
He has a fierce Determination and Persistence in his personality. This is a deadly combination of traits
that partly explains why Ratan Tata has not left the business scene despite being subject to sort of
problems that could potentially destroy lesser mortals. He has faced innumerable adverse situations and
times in life but never ever given-up. This sure is a sign of a great man. He had a Shaky start to his career
and despite that because of his persistence and determination; he has emerged as a legend that he is
regarded now. Some context to this below-
Ratan Tata got his first Independent assignment as a Director of National Radio and Electronics (Nelco),
in 1971 (which again is an example of persistence as he had started working in Tata group since 1962).
Nelco was in dire straits when Ratan came on board- losses of 40% and barely 2% share of the consumer
electronics. Because of his persistence and determination, he did managed to turn around Nelco but by
then Emergency was declared, which affected the results.
Even the Singur episode when the Political power did not allow is Nano plant to function, it was only his
Persistence and determination which saw him shift the Operations at the last minute.
Ratan Tata has Pride and Dignity in his personality. Pride is a spur to achievement. Pride says "You
must think well of me too". At the start of his career, Tata faced opposition from several lot of peers
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who thought that he was best suited for the job of the Chairman of Tata group. Of course, his
persistence and determination helped but it was his Pride that also played a big role in overcoming
opposition and move ahead with his head taller. The Pride aspect shows in some of his business
decisions as well.
The Corus deal is proof of the kind of goodwill the Tata Group has created for itself across the world, not
just within the country. Unlike the Mittal Steel bid for Arcelor, which created a huge furor, the Tata
faced little opposition. Although the Anglo-Dutch company had several plants in the United Kingdom,
there was little attempt to stop the deal by either political parties or trade unions. The Corus
management was happy to support the deal, placing its faith in the group's reassurance that there
would be no layoffs and that pension shortfalls would be taken care off.
Ratan Tata is quite an Emotional Person, with a broad range of emotions from extreme highs to lows.He is a person with High Emotional Intensity and feels situations In-depth, quite Intensely. He can very
easily relate to other people's problems. Some of his business deals reflect this aspect of his personality.
Regarding owning LandRover (Jaguar) brand, Ratan's father Naval was one of five people in India who
took delivery of a new Jaguar XK120 in the late 1940s. What Tata did for 26/11 victims of Mumbai
attacks is not much documented
He has Perfectionism in his personality. He is a kind of person who takes time putting everything in
place and reviews work thoroughly in order to make it precise.
He is usually quite cautious in his approach. A Cautious person is inclined to be careful in order to
minimize risk and reduce any impulsive behavior. Cautiousness is quite an understood trait for a person
heading such a huge business empire. This aspect of his personality prevents him from blindly trusting
everyone.