RATAN TATA MOTIVATIONAL STORY:
Ratan Naval Tata is an Famous businessman and industrialist, philanthropist, and former chairman of Tata Sons. Tata is one of the multi-billionaire businessmen in India. Ratan tata success story will inspire most of the entrepreneur in the world.
He is the inspiration to most of the young entrepreneur in India. He is the Chairman Emeritus of Tata Sons and Chairman of the Tata Trusts. Ratan Tata born in 1937 on 28th December in Mumbai. He is a son of Navel Tata.
After completing his education at Cornell University, New York, he returned to India and joined the Tata Group in 1961. Ratan Tata says, he was inspired by her strong values. He still seeks to instill the same in the young and inspiring leaders of today.
MOTIVATIONAL STORY OF RATAN TATA:
Tata is an alumnus of the Cornell University College of Architecture and then. He went to Harvard Business School through the Advanced Management Program. That he completed in 1975. Ratan tata received two major awards one is Padma Vibhushan in 2008. And another one is Padma Bhushan in 2010
So that he can turns Tata groups from Indian Business into Global Business company. In 1991, he succeeded his uncle, JRD Tata, as the chairman of the Tata Group. And he brought international recognition to the group.
He is one of the top most Successful Businessman in India and He faced lots of failures and insults during the period of developing the company. But his comeback from his failures is always iconic.
He was famous for his achievement but he was most famous for his strong comeback. Like every businessman ratan tata also had a failure in his business but he never gave up easily whenever he fail he will come back stronger.
He bought Jaguar and Land Rover and it has an inspiring story behind it. That will inspire everyone and Here we are going to see that Ratan tata success story.
FAILURE:
Tata has shared numerous times how he struggled to make India’s first indigenously designed and manufactured car. In an Instagram post, he shared a picture of India launch with the caption,
“Everyone told us it couldn’t be done without having a joint venture or a partnership with an international company.
The chances to give up were many. We stayed the course, worked out each issue. And that was the birth of India’s 1st indigenous car, The Tata Indica.” However, entering the passenger vehicle sector was not where the challenges ended.
In 1998, after Tata’s company made their foray into the passenger car business. It looked like an ill-timed move and the venture seemed to be doomed to failure. Eventually, the industrialist decided to sell the business.
HUMULIATION:
When Tata decided to sell the company’s struggling passenger vehicle business, Ford officials voiced their interest after a trip to Tata’s Bombay Headquarters.
However, when Tata and his team visited Detroit to hash out a deal, they were in for a rude awakening as Bill Ford, then chairman at Ford reportedly said to Tata that he was quite out of his depth.
So the Tata Group employee named Pravin Kadle who was present at the 1999 meeting told recalled the incident was quoted in an earlier
PTI report saying, “They told us ‘you do not know anything, why did you start the passenger car division at all’.
And they said they will do us a favor by buying our car division.”
“We were called to Detroit for discussions and I accompanied the chairman.
For nearly three hours, we discussed the sell-off with Ford officials but were meted out humiliating treatment,” said Kadle. The Tata group veteran told recalled how the team decided to return to New York the same evening and Ratan Tata was somber throughout the 90-minute flight.
After that incident tata concentrate on tata motors. Tata done so many alternation and corrections in the car. And after that he launch Tata Safari one of the top selling cars in India in 1998.
After Safari Tata motors launched so many car. And all the model went well.
RATAN TATA SUCCESS STORY:
Nine years after the ‘humiliation’ in the US, the clock turned a full circle and Tata has the opportunity to take his sweet revenge on Ford.
And the salt-to-software conglomerate humbled Ford — which was then on the verge of bankruptcy after the 2008 global financial meltdown by taking over the auto company’s iconic Jaguar Land-Rover brands for $2.3 billion.
So the Kadle was further quoted saying. “This was in 1999 and come 2008, the same Ford’s Jaguar and Land Rover were bought by us”. The Ford chairman Bill Ford thanked Ratan Tata, saying ‘you are doing us a big favor by buying JLR.
Not only did Tata buy JLR, Praveen Kadle recalled how within a few years of the buyout, sinking JLR made a dramatic turnaround and became the mainstay of Tata Motors’ finances.
It is worth mentioning that Praveen Kadle revealed all this when he was speaking, mostly in Marathi, after receiving the YB Chavan National Award 2014 on behalf of Ratan Tata.
RATAN TATA CASE STUDY:
Every Businessman will be faced so many struggles and failures during their period of their business. But only few people will overcome and succeed from their failure in their business. Ratan Tata is one of them.
He went through lots of failures but his comeback will be always more stronger than his normal victory in the business.
We can learn lots of things from Ratan Tata that we can use in our life. Most of the business man and MBA Students always have a case study of Rata Tata Business Strategic because his ideas and visions is always Out Of The Box.
Tata words and his quotes will be very inspiring too. Check out the Ratan tata quotes to get inspired. This are the Ratan tata success story that will motivate and inspire most of the people all around the world.
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