Comments on: Ratan Tata – Too Fast Too Far http://strat.in/2009/05/ratan-tata-too-fast-too-far/ strategy, management and all that follows ... Mon, 06 Sep 2010 10:46:03 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Vickram http://strat.in/2009/05/ratan-tata-too-fast-too-far/comment-page-1/#comment-2659 Vickram Fri, 07 Aug 2009 15:42:42 +0000 http://strat.in/?p=262#comment-2659 I guess in post-ante analysis...we can always find fault with what happened ?? But during the time the deal actually took place...most of the Indians wer happy to have an Indian company among top 5. Definitely if anyone would have seen what is to happen...they would not have got the deal. But remember, that was a booming market and optimism was the flavour... I guess ther are lot of IIM grads in here..How many of you guys would have joined IIM if u would have known the recession...I doubt few would and rather wait for an opportune time.. I guess what Ratan Tata did at that time was apt and suited to that time as was u guys decision to join MBA at that time I guess in post-ante analysis…we can always find fault with what happened ?? But during the time the deal actually took place…most of the Indians wer happy to have an Indian company among top 5.

Definitely if anyone would have seen what is to happen…they would not have got the deal. But remember, that was a booming market and optimism was the flavour…

I guess ther are lot of IIM grads in here..How many of you guys would have joined IIM if u would have known the recession…I doubt few would and rather wait for an opportune time..

I guess what Ratan Tata did at that time was apt and suited to that time as was u guys decision to join MBA at that time

]]> By: siddhesh http://strat.in/2009/05/ratan-tata-too-fast-too-far/comment-page-1/#comment-149 siddhesh Fri, 15 May 2009 02:24:53 +0000 http://strat.in/?p=262#comment-149 <a href="#comment-147" rel="nofollow">@Srikrishna Swaminathan</a> IMO, the question to be asked is whether the "too fast, too far" comment has some deeper implications, perhaps concerning the shareholders... @Srikrishna Swaminathan
IMO, the question to be asked is whether the “too fast, too far” comment has some deeper implications, perhaps concerning the shareholders…

]]> By: Srikrishna Swaminathan http://strat.in/2009/05/ratan-tata-too-fast-too-far/comment-page-1/#comment-147 Srikrishna Swaminathan Thu, 14 May 2009 18:13:47 +0000 http://strat.in/?p=262#comment-147 Well, given the TATA Steel Financial structure it is very difficult to acquire it. It is quiet safe behind the many TATA Trusts and Govt. stake. Further if Mittal wanted Indian presence, organic growth with govt. help would have been easy to enter India and cheaper. Maybe it was Mr. Ratan TATA's ego to build a global Top 5 Steel and Auto company that drove him, as these would put him on par with other TATA business icons like Jamsetji and JRD. Well, given the TATA Steel Financial structure it is very difficult to acquire it. It is quiet safe behind the many TATA Trusts and Govt. stake. Further if Mittal wanted Indian presence, organic growth with govt. help would have been easy to enter India and cheaper. Maybe it was Mr. Ratan TATA’s ego to build a global Top 5 Steel and Auto company that drove him, as these would put him on par with other TATA business icons like Jamsetji and JRD.

]]> By: maximus http://strat.in/2009/05/ratan-tata-too-fast-too-far/comment-page-1/#comment-144 maximus Thu, 14 May 2009 17:49:37 +0000 http://strat.in/?p=262#comment-144 <a href="#comment-143" rel="nofollow">@Srikrishna Swaminathan</a> Correct! One other fact if I remember correctly was that Tata Steel was probably scared of an acquisition by Mittals, since Mittals were on a buying spree at that time. Tata Steel wanted to acquire Corus to prevent that threat. @Srikrishna Swaminathan
Correct! One other fact if I remember correctly was that Tata Steel was probably scared of an acquisition by Mittals, since Mittals were on a buying spree at that time. Tata Steel wanted to acquire Corus to prevent that threat.

]]> By: Srikrishna Swaminathan http://strat.in/2009/05/ratan-tata-too-fast-too-far/comment-page-1/#comment-143 Srikrishna Swaminathan Thu, 14 May 2009 17:43:49 +0000 http://strat.in/?p=262#comment-143 In my opinion the TATA Economic Cell might have failed in understanding the economics of Corus acquisition. Even in a per tonne basis it was over priced, adding to the Winners Curse in the open auction. TATA could have waited and been a lot more prudent. They could have pulled out of Corus and waited for better ooppurtunities. In my opinion the TATA Economic Cell might have failed in understanding the economics of Corus acquisition. Even in a per tonne basis it was over priced, adding to the Winners Curse in the open auction. TATA could have waited and been a lot more prudent. They could have pulled out of Corus and waited for better ooppurtunities.

]]> By: siddhesh http://strat.in/2009/05/ratan-tata-too-fast-too-far/comment-page-1/#comment-127 siddhesh Wed, 13 May 2009 01:29:11 +0000 http://strat.in/?p=262#comment-127 Insightful analysis. 2008 wasn't an year where things went right for the Tatas, I guess. Also somewhere in this acquisition game, Tatas fell prey to the herd mentality and went on a buying spree. That is what is hurting them now. Perhaps the statement has some hidden notions - Mr. Ratan Tata wants to warn the Western Govt. about job losses in Corus and JLR. Insightful analysis. 2008 wasn’t an year where things went right for the Tatas, I guess. Also somewhere in this acquisition game, Tatas fell prey to the herd mentality and went on a buying spree. That is what is hurting them now.

Perhaps the statement has some hidden notions – Mr. Ratan Tata wants to warn the Western Govt. about job losses in Corus and JLR.

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