The Greatest Business Leader I Ever Met
- Ratan Tata, former CEO of Tata Group, passed away at 86, marking the end of an era for India's largest business conglomerate.
- He faced significant challenges, including the failure of a joint car venture with Mercedes, yet remained committed to innovation.
- Ratan’s leadership style focused on purpose-driven strategies and long-term vision, leaving a lasting impact on corporate practices in India.
India recently mourned the loss of Ratan Tata, a prominent business leader who passed away at the age of 86. Ratan was instrumental in transforming Tata Group into India’s largest business conglomerate over his tenure. Despite facing challenges, including the failure of a car venture with Mercedes, he maintained a unique leadership style focused on long-term vision and purpose-driven strategies. Ratan’s commitment to innovation led to the development of an affordable car, the Indica, which became the fastest-selling car in Indian history. His leadership approach often emphasized learning and curiosity over having all the answers. This resonated in his dialogues with fellow executives, illuminating the contrast between his philosophy and the typical expectation of immediate results in global corporate practices. The Tata legacy under Ratan’s stewardship will be remembered for its balance between business success and serving societal needs.