Friday, September 27, 2019
Entrepreneurship in the Global Environment - Comparing Entrepreneurs Assignment
Entrepreneurship in the Global Environment - Comparing Entrepreneurs from different Industries- Ratan Tata & Warren Buffett - Assignment Example 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. Tataââ¬â¢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. Ratanââ¬â¢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 worldââ¬â¢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 countryââ¬â¢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 deanââ¬â¢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
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