Personal Branding St... • 1y
In 2015, Ratan Tata admitted his greatest mistake in his 53-year-long career: Branding the Tata Nano as the "cheapest" instead of the most "affordable" car. For most Indians, owning a car is a luxury. Labelling it a "cheap car" ended up losing them close to ₹1,000 crores. But the lesson here is not that he made a mistake; it is that he admitted it. People do not expect perfection from leaders; they expect authenticity and honesty. When you admit to and allow yourself to make mistakes, it creates an environment of transparency and gives you a space to innovate and be creative. This does not mean you can do anything you want but it means be analytical about your decisions. Be responsible enough to know why things did not work out in your favor and how you could have executed better. When was the last time you made a mistake? What did you learn from it?
Founder-Hexpertify.c... • 1y
“The Poor man’s Car” Failed Marketing Strategy #1 TATA Nano is one of the dream project of Mr.Ratan Tata, he Really wanted to Help the people in Middle class to own a car.But it Was failed The Tata Nano faced a significant positioning problem
See MoreFounder-Hexpertify.c... • 1y
"Ratan Tata's 2.3 Billion Dollar Revenge" Bankruptcy to Billions #4 Tata Motors Turnaround Story In 1998, Tata Motors had launched Tata Indica.A dream project of Ratan Tata. Due to low sales, Tata Motors decided to sell off its car business to Ford
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