leading in the changing world

 Leadership that demonstrates and promotes universally appropriate behaviour through individual choices and interpersonal relations. When it comes right down to it, ethical leadership is defined as putting people in positions of management and leadership who will promote and be instances of appropriate, moral behaviour in their actions and relationships at work.

Leaders are the ones whom we fantasise about and we follow them and they are our role models in creating our future the way they walk, talk, behaviours become the foundation for our company and goals we look up to them like our heroes each and every action of that person gives us more and more ethics.

Figure 1.

Mr Naidu graduated from Mr Tata's school, University

The Tata group is well known for its ethical leadership practices similarly to its CSR activities

 

Ratan Tata served as the group's leader while it built on its history, solidified its business activities in India, and expanded internationally.

 

His outstanding leadership helped the company grow from a market valuation of $1.5 billion to $100 billion.

 

Ratan navel tata has also been awarded “Pada Vibhushan” and “Pada Bhushan” within the years 2008 & 2000 respectively for his contribution to trade and industry

 

Leadership Qualities of Ratan Tata

 

 A Visionary Leader: when he joined the corporate, nobody knew this company would run outside of India. But Ratan Tata made it possible along with his vision.

 

Ability to Motivate Others: He has an exceptional ability to inspire and motivate his employees to urge the duty done.

 

Risk taker: He believes that life is incomplete unless he takes risks and learns the way to beat the chances of the newest challenges.

 

Creative: As a frontrunner, he must think outside the box. As an example, he invested in various companies to guard his investments. He contains a stake in Snapdeal and therefore the Chinese conglomerate Xiaomi. With the assistance help of his imagination

 

Figure 2.

 

 

                                         Tata group structure- Diversified Business verticals

 

 

 

The challenges and Real leadership example: Ratan Tata faced difficulties because the Nano was originally planned to be manufactured in Singur, province, about 40 kilometres from Kolkata. Despite a $150 billion investment in the project, he pulled it move into October 2008 and relocated it to Sanand in Gujarat, fearing for the safety and security of the plant and its workers. Tata Motors delivered on its promise when it launched the Nano in 2009, designing, developing, and manufacturing a tiny low car for the masses that costs around $100,000.

 

 

 

 

Figure 3.

                                                Ratan Tata launching the Tata Nano

                                                                        

Strengths:

-  Outstanding market performance

-  Strong dealer network

-  Successful development daily record

-  Strong Brand Portfolio

 

Weaknesses:

- Inadequate product demand forecasting

- Gaps within the merchandise offering

- A high rate of turnover

- Financial planning is ineffective and inefficient

 

 

 

 

 

CONCLUSION:

We are proud to have a leader like him and after retirement, he has chosen the path of charity by which he is serving the nation by using his hard-earned money. As a business student, I would like to go on his path of leadership and management skills. He is always a role model for our country not only as a businessman but even as a good and promising human being. We should learn from him to achieve great things as a solo player in his company he gives credit to the whole team.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

References:

 

-          Cappelli, P., Singh, H., Singh, J. V., & Useem, M. (2010). Leadership lessons from India. Harvard Business Review, 88(3), 90-97

 

         -     Datta, A. (2012). Ratan Tata: A journey in four stages. Mint

https://www.livemint.com/Companies/n47iePUboPWvCqG5FM8IVK/Ratan-Tata-A-journey-in-four-stages.html

      

 

 

-       Mihelic, K. K., Lipicnik, B., & Tekavcic, M. (2010). Ethical Leadership. International Journal of Management & Information Systems (IJMIS), 14(5). https://doi.org/10.19030/ijmis.v14i5.11

 

 

-       (Pisapia, J.2010 p.10) How Henry Ford, Alfred Sloane, Ratan Tata, and Carlos Ghosn Found the Future and Made it Happen. John Pisapia, Florida Atlantic University

 

 

 

-       https://www.shethepeople.tv/news/5-leadership-lessons-from-ratan-tata

 

-       https://www.slideshare.net/prajitmittal/ratan-tata-ethical-leadership

 

-       http://www.johnsadowsky.com/ratan-tata-a-shining-example-of-business-leadership-in-the-third-world/

 

-       https://www.wgu.edu/blog/what-is-ethical-leadership2001.html#close