Leader of a Business Research Paper Example | Topics and Well Written Essays - 3250 words

Leader of a Business - Research Paper Example One more thing that justifies the discussion about the person in this paper is that the hotel belonging to this group (Taj Mahal, Mumbai, India) has born the brunt of terrorist attacks and has been reopened within a month. As a result, the author of this paper felt that one can find organizational behavior/management as well as conflict management techniques in the actions of the person mentioned in this paper; Ratan Tata, who succeeded the group as part of the legacy of Tata's family. The personality of Ratan Tata is reflected in his activities as he developed management of Tata Sons into a think tank that contemplates group's vertical as well as horizontal expansion. His leadership prompted the directors of the company as well as heads of various industries to innovate the products and to reach a common man as well as middle-class people in third world countries as well as targeting the rich customers. Regarding personality development of this person, he has transformed a lot from the date he received his bachelor degree in 1962 and transformed his company to a strategic think tank from just a manufacturing think tank. The important trait in Ratan Tata is that he inherited the fact that the holding company can manage with minor share along with the fact that enables a company to expand through acquisitions. With the revenues of his group companies, his group successfully acquired Corus Group Plc for 6.2billin GBP, which demonstrates his cash utilizing techniques for expansion of the business. Hence, one can state that he has good management techniques as his group is able to manage the companies with a minor stake and he is able to convince the group companies to mobilize cash for acquisitions. This demonstrates his planning that is able to convince the majority shareholders and directors, who have real control over the company with a major amount of shares. As a result, his personality is a mix of organizational management (managing the group with minor share) and planning future endeavors.