Padma Vibhushan Shri Ratan Tata ji, the Chairman Emeritus of Tata Sons and Tata Group, has left an indelible mark on the Indian corporate landscape. His unwavering commitment to ethical business practices, philanthropic endeavours, and visionary leadership have set a high bar for budding professionals.

As someone who has studied, presented, and written about the life and ideology of Shri Ratan Tata Ji in India and abroad, I try to analyse the key message from his life and bring ten key lessons for professional success. While we bid farewell to the iconic figure, we must reflect on the invaluable teachings we can glean from his extraordinary life and career.

Focus on innovation:Ratan Tata's relentless pursuit of excellence and innovation is a guiding principle for professionals across industries. Under his stewardship, the Tata Group diversified into new sectors, including the automotive industry, and introduced groundbreaking products like the Nano, the world's most affordable car. This focus on continuous improvement is the first takeaway for any aspiring leader.

Be responsible &accountable:Second, Tata's unwavering commitment to ethical business practices is a shining example for the corporate world. The Tata Group's extensive sustainability initiatives and the courage to disclose even the mistakes have set a new benchmark for responsible business conduct (RBC). Tata once stated, "One hundred years from now, I expect the Tatas to be much bigger than it is now. But my sincere hope is that they will retain the same values and ethics that the group has been known for."

Be dynamic:Third, Ratan Tata's ability to adapt to changing times and embrace technological advancements is a valuable lesson for professionals. During his tenure, the Tata Group accelerated digital transformation, investing in emerging technologies and fostering a culture of new ideas. This adaptability and willingness to embrace change are crucial in an ever-evolving business landscape.

Purpose is the key:Fourth, Tata's commitment to nation-building and the societal development serves as a poignant reminder of the broader responsibilities that successful professionals hold. His philanthropic work, including establishment of Tata Trusts, has transformed India's healthcare, education, and rural development. This sense of social responsibility should be a core tenet of any aspiring leader's journey.

Create more leaders as you grow:Fifth, Ratan Tata's unwavering focus on talent development and mentorship is a hallmark of his legacy. He was known for his ability to nurture and empower his team, fostering a collaboration and growth. This emphasis on developing human capital is crucial for any organization to thrive long-term.

Focus on Opportunities over challenges:Sixth, Tata's ability to navigate complex political and regulatory environments is a testament to his strategic acumen. As the Tata Group expanded globally, Tata adeptly navigated challenging terrain, leveraging his diplomatic skills and deep understanding of the local contexts.

Leave back the ‘That’s not my job attitude’:Seventh, Ratan Tata's commitment to solving societal problems is a shining example for businesses. The Tata Group's focus on renewable energy, sustainable manufacturing, and green initiatives underscores the importance of incorporating stakeholders’ concerns into the core of any business strategy.

Take risks:Eighth, Tata's ability to make tough decisions and take risks in adversity is a valuable lesson for professionals. He made bold moves during his tenure, such as acquiring Jaguar Land Rover, which ultimately proved transformative for the Tata Group.

No compromise on integrity, enhance the legacy you inherit:Ninth, Ratan Tata's unwavering integrity and commitment to his legacy have defined his leadership. He steadfastly upheld the values and principles that had guided the Tata Group since its inception, ensuring that the organization remained true to its core purpose.

Stay grounded with your eyes towards the sky:Lastly, Tata's humility and approachability, despite his immense success and stature, are qualities that professionals should aspire to emulate. His willingness to engage with employees at all levels and his genuine concern for the well-being of the Tata community are a testament to his exceptional leadership.

In conclusion, the life and legacy of Ratan Tata offer a rich tapestry of lessons for aspiring professionals across diverse fields. From his unwavering commitment to excellence and ethical business practices to his visionary approach to social responsibility and sustainability, Tata's example is a powerful inspiration for the next generation of leaders.

(Kishore holds a PGDM from XISS and a doctorate in Strategic CSR from Santiniketan. He works for HPPI, New Delhi and is pursuing Certified ESG Professional Program from IICA (Views are personal).