“I don’t believe in taking right decisions. I take decisions and then make them right.” Ratan Tata
As India mourns the loss of Ratan Tata, a gentleman who effortlessly outshone others, it is time to take a deep breath and see through one remarkable life. Not merely a titan of the industry, Tata was humble in thought and deeds; his compassion, a rare quality in the business world, is a natural fit for the industry to surrender itself to. It has become a symbol of what is meant by leading with integrity, innovation, and heart.
Here are 10 reasons why Ratan Tata was an irreplaceable icon:
1. Visionary Leadership in the Global Arena
In 1991, Ratan Tata took over the reins of Tata Sons and transformed the group into a global powerhouse. Under him, Tata Motors took over Jaguar Land Rover, and Tata Steel acquired Corus, thus putting Indian business on the world map. Decisions taken under his leadership have allowed India to prove that Indian companies can compete internationally.
2. Father of Affordable Innovation
The Tata Nano, launched in 2008, was the world’s cheapest car and Tata’s brainchild. It was a bold attempt to bring car ownership within the reach of the common man. While a commercial failure, it symbolised his creative genius and commitment to the betterment of ordinary citizens.
3. A Philanthropic Heart
Ratan Tata’s commitment to social causes was not just significant, it was unparalleled. He personally advanced such causes as education, healthcare, rural development, and more by propagating Tata Trusts. His deep philanthropy has impacted millions of lives, with almost two-thirds of Tata Group profits being spent on charity through trusts that benefit millions all over India.
4. Silent Angel Investor
Though a towering business leader, Tata was known for his low-profile approach to helping startups. His investments in companies like Snapdeal have greatly encouraged many Indian startups to develop their line of work in competitive markets.
5. A Humble Billionaire
No better explanation exists. Being very friendly and humble in lifestyle, Ratan Tata earned immeasurable respect, having introduced it in a modest car. He never clamoured for fame; his work spoke for itself.
6. Champion of Ethical Business
For as long as he had spent his career, Tata was set to place ethics above profits. He will never have any justifications for indulging in unethical practices and led his organisation by exercising transparency and moral responsibility.
7. Crisis Leader with a Human Touch
He showed empathy and resolve during the Mumbai attacks of 26/11. He made sure that financial support was extended to every victim’s family after the attack on the Taj Hotel, a subsidiary of the Tata Group; he visited every family who had lost loved ones.
8. Education Advocate
Tata had a great passion for education. He gave innumerable students opportunities to realise their dreams through Tata Scholarships and other educational grants. He invariably believed that education was the key to the province’s transformation.
9. Man of Innovation
Ratan Tata never turned back from new ideas. He always believed in pushing the envelope—be it in the steel industry, hospitality, IT services, or automobiles. By introducing new technology, Tata Group became one of the leading global IT services providers with Tata Consultancy Services (TCS).
10. Legacy of Humility and Grace
Perhaps Ratan Tata’s most incredible legacy was his humility. With all the accolades, he remained ever approachable, kind, and down to earth. He lived and adhered to the principle of giving back to society and never stayed behind in raising his voice for crucial causes, such as those environmental conservation and animal welfare.
A Life That Inspired Millions
Perhaps the most notable legacy Ratan Tata leaves behind is his humility. Despite the hype that accompanied him, he was always very approachable, friendly, and down to earth. He lived by the motto of giving to society and again never hesitated to lend his voice to causes from environmental preservation to animal welfare.
