On In Inspiration

5 Ways That Make Ratan Tata An Unusual Billionaire

J.R.D. Tata, the one man army who founded TCS, Tata Motors and Air India left the world 23 years ago in hopes that his legacy will be maintained by his successors. Ratan Tata took the charge of Tata Sons in 1991 when J.R.D. Tata stepped down and Ratan Tata has been nurturing the Tata enterprise since then. Indian business tycoon handed over the responsibilities of Tata group to Cyrus P Mistry in December 2012. Recently, Tata trusts appointed Ratan Tata as interim chairman and the panel is searching for the new chairman of the group.Due to Mistry's lack of performance, Ratan Tata is appointed as interim chairman for 4 months for stability and reassurance of Tata group. Ratan Tata is not just another head of a business enterprise. Decision making and working style of Ratan Tata makes him stand out from the crowd.Let’s check out 5 points to prove that Ratan Tata is a true leader of today’s generation.  Recommended story: Tata Motors just launched 'DIPPER' condoms for truck drivers 

Tata group is the largest conglomerate of India. 

Tata enterprise consists of 100 operating companies spread across six continents. 

Ratan Tata served as the chairman of Tata group from 1991 till 2012. 

The unique leadership quality of Tata made him the interim chairman of the company again on October 24, 2016. 

Ratan Tata is the recipient of highest civilian awards of India.

Tata received the accolade of Padma Bhushan (2000) and Padma Vibhushan (2008). 

Ratan Tata is also the recipient of honorary doctorates from several universities in India and overseas. 

He is the man behind the philosophies and unique approach of the largest conglomerate of India. The philosophy of Tata group is beyond products and profits. 

Tata enterprise achieved leadership in various sectors because of Ratan Tata’s determination. 

So, let’s check out 5 points which prove that Ratan Tata is not just another head of a business enterprise. 

1) Ratan Tata believes in nation building rather than just running a business enterprise. 

While Ratan Tata thinks globally, he is a countryman in a true sense. He inculcated humility, principles, and humanity in Tata enterprise. 

2) There are several evidences of Ratan Tata’s leadership qualities. 

Recently, Tata collaborated with Vijay Kelkar and Nandan Nilekani for investing in microfinance firm Avanti Capital. The major aim of this venture would be to make finance available at low costs to the poor socio-economic class of the Indian population. Check out more information about Avanti Capital here.  

3) Ratan Tata has always worked ahead of time. 

He is a visionary leader who made the developments in Tata group to face the challenges of the future. Indian business tycoon is always on his toes to work on restructuring the company and he did it really well. Hotel Taj is considered as the finest hotel in India ahead of all its competitors and the credit goes to Ratan Tata. 

4) It is not an easy task to carry out the strategic leadership of a diverse firm. 

Besides carrying out the responsibilities of head of Tata group, Ratan Tata took the corporate social responsibility of group to a higher level. Tata group started the Tata Memorial Hospital for cancer in Mumbai. The hospital was inaugurated by Ratan Tata in Kolkata in 2011 to serve the cancer patients. Tata trusts have been working for many decades to solve the problems of health and nutrition, rural upliftment, illiteracy and poverty in India. 

5) Ratan Tata is not just in business; he serves people in true sense. 

When the tsunami hit India in December 2004, Ratan Tata canceled his holiday for his birthday celebration and returned back to India immediately. He conducted an urgent meeting of all the top CEOs in order to provide aid to the affected people. He even started a reconstruction program in Nagapattinam, Tamil Nadu, an area devastated by the tsunami.These things prove that Ratan Tata is the leader of India. Share your views in the comments section.Share this story with your friends and family.Please subscribe for more stories.