8 leadership lessons to learn from Ratan Tata

6 months ago 90

Ratan Tata

From being humble to touching many lives worldwide, industrialist-philanthropist Ratan Tata was a class apart from the rest. Remembering him, here we list some leadership lessons to learn from Padma Vibhushan Ratan Tata.

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He was a visionary

Ratan Tata was initially opposed by many when he suggested that the company should go global. Under his guidance and leadership, Tata now owns big international brands like Jaguar Land Rover, Taj Boston, Tetley, etc and almost half of the company's revenue is from them.

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He believed in hard work

Ratan Tata believed in the power of hard work and one of his famous quotes reflects this ideology. “I don't believe in taking the right decisions. I take decisions and then make them right,” Mr Tata once said.

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He was open to new ideas and thoughts

Be it his business or personal life, Sir Ratan Tata believed in the importance of innovation. He even hired his youngest GM and personal aide, Shantanu Naidu, a millennial who helped Mr Tata keep up with the times.

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He practised empathy and kindness

Sir Ratan Tata was known for his empathy and kindness to all-- from his employees to his staff and even to stray dogs. While many speak of equality, respect, and inclusion (at the workplace), Mr Tata practised it in his life.

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He was humble and grounded

Despite being an influential personality, Mr Tata remained humble throughout his life. An instance that proves this is that he was often spotted sitting next to his driver in the car. “No Nobel Laureate says that he or she has won a Noble! So be humble,” he once said.

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He emphasised on corporate and social responsibility

Ratan Tata believed that businesses should not only focus on profits but also give back to society. He was known for his philanthropic works-- be it supporting causes like education and healthcare, or financially supporting his 80 employees and their families who were affected in the 26/11 Mumbai attacks.

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He took risks

From launching cars like Tata Indica and Nano to going global, Mr Tata believed in taking calculated risks to grow over the years. "The biggest risk is not taking any risk. In a world that is changing quickly, the only strategy that is guaranteed to fail is not taking risks," he said.

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He inspired people across the world

From his humility to philanthropy, Ratan Tata touched many lives across the world. He truly lived his company's mission "to improve the lives of the communities we serve globally."

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