Ratan Tata and Jack Welch PDF

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Running head: Ratan Tata and Jack Welch, a Comparison of Leadership Style

Ratan Tata and Jack Welch, a Comparison of Leadership Style Parthkumar Babariya Westcliff University BUS 500: Organizational Leadership Shirley Chuo, Ph.D. July 26th, 2020

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Ratan Tata and Jack Welch, a Comparison of Leadership Styles Introduction Leadership possesses a plethora of definitions. it's most often considered as a procedure by which a person influences other to complete the objective as well as consequently, directs the group to really make it much more unified. however, the difference between the leader along with leadership is crucial that you note the leader is an individual, leadership is actually the characteristic or maybe activity of this particular leadership. I can say Leader and leadership are 2 sides of this coin. Without anybody, the business doesn't perform well. the corporate meaning of leadership the capability of the company's managing to create good choices and encourage others to function well. While we are talking about Business Leader, the first two names come in mind, Ratan Tata and Jack Welch. They Impressed the Business world by their Leadership. Tata and Welch have common things in their Leadership since Tata is well known for his Simplicity and Humility towards his employee while Welch is good in a risk-taker and convert idea in action. Ratan N Tata, known as an Indian businessman, born on 28th December 1937, who became a Chairman of Tata Group from 1991. Finished B.S. in Architectural in Structural Science from Cornell University in New York. Ratan Tata began his profession in the Tata Group, concentrating on the dealer floors of Tata Steel, shoveling limestone, in addition to coping with the blast furnace. He's dealing with a groundworker to obtain some fundamental knowledge. Under the leadership of his, Tata Group is actually heading towards a huge change and it is going to be good to see whether they are able to maintain it is legacy. (Nodoushani. Patricia A. 2012)

John Francis "Jack" Welch, one of the iconic and well-known world company leaders of this modern-day era. Jack Welch, an American Chemical Engineer, Business executive, as well as writer, came into this world on 19th November 1935 in Massachusetts, USA. He's graduates from the Faculty of University and Illinois of Massachusetts. He served as the CEO of General Electric and he totally changed the definition of the industrial manufacturer and lead the leadership in the world’s most competitive marketing. The Achievements of his as a successful and dynamic internet business leader have generated considerable value and following on the planet nowadays.

Effective Leadership Leadership has been essential to humans because of the dawn of civilization. Although certain patterns of leadership behavior differ in time and across cultures, leadership has been discovered to be crucial to other societies. Effectiveness of leadership divide in a stage. Each phase of leadership may be recognized by a prominent research approach as well as the focus of interest. The first stage attempted to determine the characteristics of executives, and the next stage centered on the actions of leaders. The 3rd stage facilities on the fit between the situation and leadership style a leader face (Tirmizi, 2002). Ratan Tata always thinks ahead of the time and his vision towards the customer. Tata’s vision is best in the fashion in that we operate, very best in the products we provide, and best in the value systems of ours and ethics. Tata empire is an enormous conglomerate from salt to IT Industries, with substantial underlying structure. Tata Sons are the holding business of the number with two-thirds of shares held by different Tata family trusts. Ratan Tata is one of the great leaders who earned great respect as a businessman. He's a deep thinker and very strategic.

He's usually 2-3 steps ahead. He has a huge technological brain. When folks show up to him for a crucial decision, he is going to give a really fast solution, the responses of his will be sharp, and making absolutely no room for doubt. Ratan Tata has proven that there's no other way he is going to do business apart from doing it ethically. In a similar way, Jack Welch represents his leadership style as a “4 E model” of Leadership. Mr. Welch is Energetic, Inspirational, competitive, Translate ideas into actions, risktaker. With an intensive concentrate on the important thing. He dumped those with low growth prospects, like GE's name brand clocks, televisions, along with toaster ovens, while growing financial service provider GE Capital right into a powerhouse as well as putting in broadcasting together with the $6.4 billion buys within 1986 of RCA Corp. He became a deal-making piece of equipment, overseeing 993 acquisitions with a full value of only over 1dolar1 130 billion while offering 408 organizations for a total of approximately $10.6 billion. Both, Ratan Tata and Jack Welch achieve this position by this hard work. They started their first job with ground workers. They got all the knowledge what they need to be a good leader. On the CEO position, they never lose hope if they are failed but working continuously as five leadership examples by Posner and Kouzes. Influence on People’s Lives Ratan Tata and Jack Welch gave a notable contribution to the nation and people's belief as their mentor. People listen to them as a motivational speaker and follow their leadership model. Leaders as Jack Welch, as well as Ratan Tata, have roles multifold. they are not just run organizations from a strictly business perspective though they also add to the society they're in. Both Tata and GE have been recognized for pro philanthropic businesses and both organizations add to the Nation's GDP tremendously. These leaders follow a pair of values and get decisions

based on it. equally extrinsic and intrinsic motivation levels are rather high and depend on happiness, social acceptance, achievement, etc. Jack Welch took some hard decisions which obviously not good for the employee. He sold some not profitable brands and leave some employees to gain the overall organization profit. Historical Remembrance People always remember their leader by their work or by a great event which influences the public lifestyle. Tata and Welch knew for their simplicity and kindness help for the people. Ratan Tata donates greater than 65 % of the share of his inside a charitable trust. Among the primary objectives of his living has been increasing the quality of life of Indians along with human development. Mr. Tata helps some NGOs and facilities to educate poor family kids. I constantly remember one quote from Tata "I don't wish India to become an economic superpower. India is wanted by me to be a delightful country." In the latest current information, Ratan Tata donates 1500 Crore Rupees (2.1 zillion USD) India to combat with COVID. 26/11 Terrorist attack on Taj Hotel, owned by Ratan Tata, loss of many lives, scattered body, all over the blood. Still, in this situation, Tata visits the hotel very next day and gave compensation to their employee’s families who lost their lives in a terrorist attack. Promise their family member to hire one of the members of the Tata Group. After this incident a month later on when the Pakistani government positioned a purchase of Tata Sumos being brought in directly into Pakistan, Ratan Tata refused to deliver a single car to that nation. This's his love and respect for the motherland of his. He positioned the nation above business and money. This's the top reason why I respect Ratan Tata over any other businessman. (Sing, S. 2019) Jack Welch’s life is not steady, there were a ton of questions raised on Welch’s leadership. For example, one worker has recounted the inclination inside a financial Management Program

of the International Division of G.E. to adjust the accounting figures to be able to mirror the expectations of the company office, instead of the economic reality. G.E.'s accounting methods arrived under common scrutiny with the posting of content articles in company journals at the conclusion of Welch's reign, wondering G.E.'s accounting methods which shifted business assets to keep the obvious consistency of this business's earnings. There were genuine allegations that G.E. abused as well as paid its maquiladora workers within the Rio Grande Valley regarding one half of what Ford Motor business pays within the very same region. A hurry to get a brand-new fridge on line having an insufficiently proven rotary compressor resulted in company losses of 450 million bucks as well as the closing of a grow. Similarity and Difference in Leadership Leadership is not the stuff that we can borrow from someone. Own leadership Style help to improve your career. Both leaders are success to follow their leadership style even if there are obstacles or not. Ratan Tata managed two company named, NALCO and Empress mills. On his Leadership time some worker union face up to lockouts and strike caused the question on his leadership style. After this Incident he always helped the people to complete their requirement. In a similar way, Jack welch was a vice president of G.E in 1972 and later he became a CEO in 1981. In a first phase of his leadership he always be kind with all employee. But his task was very crucial, but he needs to be a ruthless, and silent boss because of the nature of task. Later he known as ‘Neutron Jack’. Servant Leadership According to Murray (M.M., 2001), Servant leadership means to encourage the follower, help them to achieve their goal, motivate the Employee. This particular attribute of servant frontrunners distinguishes them coming from some other leaders. Being empathetic towards the

subordinates results in the planet of trust. The servant-leader is actually humane towards staff members as well as empathizes with them. The willingness to be open to colleagues, employees, and also teammates doesn't imply that a servant leader accepts possibly behavior that is bad or shoddy work product. Ratan Tata is noted for his humility towards the employees and there are lots of instances of his down to planet nature. When Mumbai was within the aftermath of the 26/11 attacks, he visited the families of 80 workers that were impacted by the attacks. He treats individuals with a high amount of warmth and calls the employees with the first name of theirs and openly listens to individuals with a great deal of persistence. If Ratan Tata wishes to speak to each employee, he immediately calls them without taking assistance from a secretary, unlike a number of other leaders (Gujral, R 2013). Indeed, Rata Tata reflects the attributes of Servant Leader including the altruistic like, trust, compassion as well as visionary nature. Conclusion The Example of Ratan Tata and Jack Welch Leadership, the conclusion of this article is creating the leadership as per the situation. They handle any scenario with a cool mind and as a quick responder. Inspire a common man through their success story. Ratan Tata still gave some motivational lectures to the student and explain their leadership style. But very sadly Mr. Welch is no more in between us. He gave success formula to many of their followers.

Reference Strohmeier, B. R. (1999). The leadership principles used by jack welch as he re-energized, revolutionized and reshaped general electric. Journal of Leadership Studies, 5(2), 1626.doi:http://dx.doi.org/10.1177/107179199900500203 DHEKALE, V.S (2014). An Exploration of Leadership style with reference to Ratan Tata: A Case Study. International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), Volume 5, Issue 4, April (2014), pp. 25-33 © IAEME Sen, S. (2009). Tata group: Transforming the sleeping elephant. IUP Journal of Business Strategy, 6(1), 31-45. Retrieved from https://search.proquest.com/docview/197388728? accountid=158986 Thompson, P. M. (2004). The stunted vocation: An analysis of jack welch's vision of business leadership. Review of Business, 25(1), 45-55. Retrieved from https://search.proquest.com/docview/220967128?accountid=158986 Archnahr. JACK WELCH's LEADERSHIP LESSON ALL DISCUSSIONS (LIST). Retrieved July 22, 2020, from https://www.citehr.com/18499-jack-welchs-leadership-lesson.html

Gujral, R. (2013, January 28). The Ratan Tata I Knew: 'He has an amazing ability to remember people's names'. Retrieved July 27, 2020, from https://www.businesstoday.in/management/leadership/rajiv-gujral-on-ratan-tata-amazingability-to-remember-names/story/191888.html

Nodoushani, O., & Nodoushani, P. A. (2012). Strategy and structure: The case of tata group. Competition Forum, 10(1), 142-146. Retrieved from https://search.proquest.com/docview/1189674213?accountid=158986

Singh, S. (2019, October 15). Inspiring Story of Ratan Tata. Retrieved July 08, 2020, from https://magazine.xpert.tv/inspiring-story-of-ratan-tata-2/

Tirimizi, S. A. (2002). The 6-L framework: A model for leadership research and development. Leadership & Organization Development Journal, 23 (5), 269-279. Kouzes, J. M., & Posner, B.Z., (2017). The leadership challenge: How to make extraordinary things happen in organizations (6th ed.). Hoboken, NJ: John Wiley & Sons, Inc. M. M. (2001, Sep 07). Jack welch leaves leadership imprint --- his methods shaped ethos of business. Asian

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