Months after the fallout with Cyrus Mistry, Tata Sons Group was temporarily headed by ex-Chairman Ratan Tata and was fervently looking for a new chief to lead the $116 billion conglomerate.
Now, the time has come to choose a successor and rightfully so, a truly qualified one. The Tata Group has unanimously picked Tata Consulting Services (TCS) CEO and MD, Natarajan Chandrasekaran to lead the group.
A veteran of the Tata Sons family, N Chandrasekaran brings with him years of understanding and experience of leading a major unit of the Tata Group.
Here are 5 things you must know about Chandrasekaran a.k.a Chandra.
1. The Most Successful CEO and MD of Tata Consultancy Services
Under the able leadership and guidance of Chandrasekaran, Tata Sons’ cash cow, Tata Consultancy Services posted a three-fold growth along with quadrupled profits. Overall revenue of TCS grew from Rs 30,000 crore in 2010 to Rs 1.09 lakh crore in 2016.
2. Innovative Leader with the Ability to Take Calculated Risks
Natarajan Chandrasekaran proved his mettle as a leader during his long stint with TCS where he took many big and impactful decisions resulting in more efficiency and growth for the company. One of his majorly successful decision was breaking the monolith into 23 business units for easy management of service delivery, operations, and execution.
3. Understands the Tata Business Like No Other
A veteran of Tata Group of Companies, Natarajan Chandrasekaran joined TCS as a software programmer in 1987. Persistent and inclined towards the digital revolution, Chandrasekaran slowly rose through the ranks and became the CEO and MD of TCS in 2009. There is none who understands the business and way of working better than Chandrasekaran.
4. Hands-On Professional
The new Tata Sons Chairman is a hands-on leader and growth hacker. He has a sound and solid grip on the best practices followed across various industries and verticals. Under his guidance, Tata Consultancy Services acquired Citigroup’s back office for $500 million in 2008. It was also during his tenure that TCS reached landmarks of $10 billion and $15 billion exports.
5. Visionary with Boundless Experience and Exposure
Chandra is a huge backer and believer of going digital. Understanding that companies and businesses are exploring the digital platform, he has made huge efforts in automating many processes inside TCS. Dealing with international clients such as GE, Electronic Arts, Wal-Mart, JP Morgan, and Cisco, has made him have a diverse global exposure and business understanding.