RIP Ratan Tata: 10 lessons from India’s business tycoon

Building trust Ratan Tata taught us the importance of building trust with employees, clients and investors to run a successful business.

Control your emotions Ratan Tata had control over his emotions and took failure as a motivation which helped him succeed.

Keep learning According to him, learning is a lifelong process and he kept learning throughout his life even after establishing a successful business.

People-centric approach Ratan Tata considered people the most valuable asset of any organisation and he prioritised their well-being always.

Empathy and Compassion Ratan Tata was committed to making positive changes in people’s lives by giving back to society.

Innovation The launch of affordable Tata Nano cars shows his innovation to lead the Tata Group towards success in the changing business landscape.

Humility Being humble like Ratan Tata is an important life skill which only a few have. To succeed, it’s important to be down-to-earth and humble.

Ethics Ratan Tata’s life has always emphasised the importance of ethical conduct and corporate social responsibility.

Perseverance Ratan Tata was determined and faced challenges positively which helped him grow even during the times of struggle of the Tata group.

Passion Behind the success of any individual is the passion which drives him towards it. Ratan Tata had an unwavering passion for his work which made him successful.

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