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Entrepreneurship in the Global Environment - Comparing Entrepreneurs from different Industries- Ratan Tata & Warren Buffett - Assignment Example

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Their ideas on socio-economic and political causes extend across a wide realm of the society. Ratan Tata is a son of the long deceased Nobel Tata. A distant relative,…
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Entrepreneurship in the Global Environment - Comparing Entrepreneurs from different Industries- Ratan Tata & Warren Buffett
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Download file to see previous pages Ratan began his schooling at Campion School and finished the secondary education at John Connon School. He later joined Cornell University for a Bachelor of Science in structural engineering thereby graduating in 1962. Ratan joined the Harvard Business School in 1975 for an Advanced Management Program. Tata’s career beginnings in 1961 involved shoveling limestone and managing the blast furnace at Tata Steel. Thirty years later, J.R.D stepped down as the director of Tata Sons thereby endorsing Ratan as his successor.
Ratan’s superb management and entrepreneurial skills created significant success for the company. For instance, the conglomerate acquired Tetley, Jaguar land Rover, and Corus thereby transforming from an Indian Company to a global one. The company currently sources 65% of its revenues from abroad. Ratan highly participated in the creation of Tata Nano, the world’s least costly passenger car. On December 2012, Ratan retired from his chief executive responsibility thereby becoming a chairman emeritus of Tata Group. Ratan continues making new deals and eyeing the evolving business opportunities such as e-commerce. He has also continued a close working relationship with the British Jaguar Land Rover Company. Ratan Tata has other duties both in India and abroad. For instance, he is a member and a contributor in the country’s Trade and Industry ministry. In addition, he is part of the jury of Pritzker Architecture Prize, which is considered an influential prize giving program for architectures. Globally, Ratan possesses key duties. For instance, he is a dean’s advisor at Harvard Business School. His significant contributions to the contemporary society has made earn numerous awards. In 2008, the Government of India awarded Ratan Padma Vibhushan, which is one of the highest civilian honors.
Warren Buffett was born in Omaha, in 1930. He is among the three children of the late Congressman, Howard Buffett. Howard ...Download file to see next pagesRead More
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