Ratan Tata is superb and unparalleled. This is substantiated by the fact that no replacement could be found for him. He is to retire soon. He already stated that he would not like to leave his job in a wheel chair.
http://in.finance.yahoo.com/news/We-find-replacement-Ratan-pti-1517266932.html
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For other companies in private sector, replacement of CEO is no problem. Unlike others TAT is not a family group. This is professional.
Incidentally, even most of political parties are run as family concerns. The politicians and bureaucrats also bring 'family' and dynastic element in their working.
Tata Group and Ratan Tata are exception. It is hoped that Tata Group will find a very eminent person to replace Ratan Tata. Let Ratan Tata enjoy a very happy and peaceful retirement.
Incidentally, even most of political parties are run as family concerns. The politicians and bureaucrats also bring 'family' and dynastic element in their working.
Tata Group and Ratan Tata are exception. It is hoped that Tata Group will find a very eminent person to replace Ratan Tata. Let Ratan Tata enjoy a very happy and peaceful retirement.
although, a successor to Ratan Tata is not yet decided, it is revealed that the successor should be young enough to be at helm of affairs for the next 30 to 40 years. assuming that the successor will retire at seventy five years, he should now be thirty to thirty five years old. This appears an unreasonable criteria. A suitable successor would be now 40 to fifty years old and could work for next twenty to thirty years.
http://www.indianexpress.com/news/tata-successor-could-be-at-helm-for-3040-yrs/773922/
http://www.indianexpress.com/news/tata-successor-could-be-at-helm-for-3040-yrs/773922/
Ona lighter note I want to send my resume for the post,But I ll be ruled out because of the age rule criteria!
The report is that they want the person appointed to work for next forty years. This means that after forty years , the person selcted should be seventy years or around. Hence that person yet to be selected should now be less than thirty years. By that criteria, you may get the job.
Search is on for Ratan Tata successor. There are many challenges before the successor. Most of Tata group expansion is attributable to acquisitions and mergers. Presently, Tata group has more assets but less income. Shareholders of Tata companies expect successor to work for more profits.
http://in.finance.yahoo.com/news/Tradition-sprawl-confront-reuters-2992316277.html
http://in.finance.yahoo.com/news/Tradition-sprawl-confront-reuters-2992316277.html
Topic Author
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Gulshan Kumar Ajmani
@gkajmani
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Created
Thursday, 07 April 2011 11:01
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Tuesday, 30 November -0001 00:00
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