· Have a vision
Every great leader is a visionary person, Mr Ratan Tata is no different. He was handed over a business by his father but due to his great visionary powers, he didn’t fail to bring success to the business. He knows where he is now and where he wants to reach and therefore takes necessary steps to achieve his ambitions. He always had it on his mind to produce a car for the common man and he did it by launching Tata Nano car.
· Be proactive and creative
Another quality Mr Ratan Tata has is to be proactive to the situations. He has great vision and therefore he anticipates future threats and opportunities, and take necessary actions or prepare for them creatively beforehand. Many people have the tendency of reacting to a particular situation which is not a great choice if you want to be a successful leader.
· Never give up on your values
Mr Ratan Tata is known for his values, he donates 65% of his profits to charity as a return to the society who has given him so much. Despite being such a successful man, he has always been grounded and helpful. He claims to be an industrialist, who wants to develop our country and not just make profits. Their company also works on some core values, they always believed and continue to believe in public safety and welfare, due to which they are the most trusted brand in the country.
· Be ready to take risk
Mr Ratan Tata always believed in risk, he has known the potential of some organisations and have taken risk of investing in them. Tata group of companies have backed up many startups with their funds and investment. He once said,“I don’t believe in making the right decisions. I take decisions and then make them right.”Taking risk is a part and parcel of a successful business. You can’t reach heights without taking the risk of climbing through most steep roads.
· Always have a positive attitude
Mr Tata has always shared a positive vibe through their words and body language. He always has a smile on his face and a positive attitude towards things. Being successful requires the quality of positive perspective towards things no matter what. A great leader always imbibes positivity in his team members through his actions.
· Don’t put all your eggs in one basket
To say it more clearly, you must not invest all your money in one organisation or business. Ratan Tata follows this thought religiously. He has invested a lot of money in other businesses but all the businesses are different from each other. This ensures that even if the business fails to make success, Mr Ratan Tata doesn’t lose much of his wealth. He has invested in many emerging businesses in India, one of them is Xiaomi, Snapdeal, etc.