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True Indian

Functional Area : India
Activity:  4 comments  75 views  last activity : 04 09 2011 11:17:36 +0000
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We cannot find replacement for Ratan Tata:

New Delhi, Apr 6 (PTI) Eight months after it was set up to find a successor to Tata Sons Chairman Ratan Tata, the search panel has concluded that it cannot find a "replacement" for the group chief. "Our committee has come to the conclusion that we cannot find a replacement for (Ratan) Tata!", said Tata Sons Director and one of the members of the committee R K Krishna Kumar in an interview published on the company''s website. Group holding company Tata Sons in August last year had set up a five-member panel to find a successor to Tata, who is due to retire in December 2012 when he turns 75. Apart from Kumar, other panel members are Tata Sons former vice chairman N A Soonawala, group director Cyrus Mistry, group adviser and lawyer Shirin Bharucha and influential British businessman Lord Bhattacharya. Showering lavish praise on Tata, Kumar said the search panel might have to lower the benchmark to find a successor to the head of USD 71 billion business empire. "He (Tata) is a born leader and you can see this wherever he goes...He has a place in the history of post-independence India", he said, adding "we may have to change and re-arrange the model in terms of what we are looking for". "We are now considering people � from within the group and outside, including expatriates � who can fill the role we have in mind. There are challenges but we will soon come to a conclusion", he said. Tata was the inspiration behind the launch of small car Nano. An astute business leader, he was driving force behind Tata Steel acquiring Anglo-Dutch steel maker Corus as well as Tata Motors buying luxury British auto brands Jaguar and Land Rover. Well respected Tata''s reputation, however, took a beating after his conversation with corporate lobbyist Niira Radia was leaked. Both Tata and Radia recently appeared before Parliament''s Public Accounts Committee (PAC) that is looking into the 2G spectrum allocation scam. While announcing the search panel last year, Tata Sons had said the group would require someone with experience and exposure to direct its growth amidst the challenges of the global economy. "The selection process for a prospective candidate would consider suitable persons from within the Tata companies and other professionals in India as well as persons overseas with global experience," it had said

 
4 comments on "Does they really need a Expatriate leader for TATA MOTORS!"
  Commented by  NATTERAJA R. ARIKRISHNAN, AREA SALES MANGER, UNIFLEX CABLES LTD    | 04 09 2011 11:17:36 +0000
Nice posting Mr.Rohit Thakur. Anyhow it is matter for the board to decide the successor to Ratan Tata. Tata group is a very big business empire which needs an apt leader to lead. Thanks for the referral.
  Commented by  SHRIKANT MANOHAR DANKE, Consultant, Project Management Consultancy Firm    | 04 08 2011 10:49:57 +0000
Yes, I support your views, Rohit.
Thanks for posting it on TOOSTEP. & thanks for referral.
  Commented by  JAYANTA KUMAR BORAH, B.Tech/B.E. student, Annamalai university    | 04 07 2011 16:49:31 +0000
I support you Rohit sir ...India has in abundance ,potential professionals ,..then why an EXPATRIATE...
  Commented by  Rohit Thakur, Sr. MEP QA/QC Engineer, QA/QC INCHARGE, CONSTRUCTION SPECIALIST-MEP    | 04 07 2011 08:04:05 +0000
I think we have plenty of talented and deserving candidate for the post, who understand the indian and abroad market and people requirements more than expatriates!
Add your comment on "Does they really need a Expatriate leader for TATA MOTORS!"

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Well every nation in this world has corruption! but no single nation has given such rights to their citizens as INDIAN Constitution did! proud to be indian!
thanks Manish for referral. well i cant live comfortably without smart phones...i am not addicted to this but this definately helps me most of the time and keeps me updated!
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