Power People - News Articles

Ratan Tata
Tata's Power relates to his business experiences,family property, collectivize managment, and the variety of his business. His Power is about aggressive and ambitious...

Head of a famous business empire, Ratan is India's key architectural patron as that country emerges as an economic superpower. Educated as an architect at Cornell, Tata worked briefly for architect Quincy Jones in Los Angeles toward the end of the Case Study period. He returned to India in the mid-1960s to eventually assume control of several dozen companies that now include steel, car manufacturing, tea, the Taj hotels, and Tata Consultancy Services (TCS). Revenues for the Tata Group in fiscal year 2004-2005 are estimated close to $18 billion, profits close to $2 billion.

News
"the smooth, suave, and introvert Ratan is being seen as an aggressive and ambitious businessman, whose strategic vision has shifted from local to global..."
"the group, which was seen as risk-averse and cautious, has no qualms about taking on competitors publicly - be it in areas of policy-making, products launched or marketing tactics..."

Introduction Source from:http://www.archis.org/plain/object.php?object=1052&year=&num=
News Reference: Alam Srinivas, "Corus takeover: Who is Ratan Tata?" BBC News, 31/01/2007,(http://news.bbc.co.uk/1/hi/world/south_asia/6071090.stm) last accessed in 19/09/2007

Zhang Yin
The keywords of Zhang Yin's power are women, self-made, family business .Her power is more introversive because of herchinese background...

Zhang Yin started collecting wastepaper in 1990 in Los Angeles and shipping it to China to make the cardboard needed by growing export industries. Her company, Nine Dragons Paper Holdings, is now China's biggest packaging maker. Nine Dragons' stock has risen fourfold since its initial public offering in March last year, pushing Zhang's fortune to $4.7 billion (R34 billion).

News
"Zhang Yin said: 'Waste paper is like a forest. Paper recycles itself, generation after generation.'"
"Zhang family controls 72 percent of the company, which makes it one of the richest families in China. "
"Zhang Yin said:'My desire has always been to be the leader in an industry.'"
"Zhang does not go into detail about how she made her fortune. In a society known for close ties and hidden deals between government officials and business leaders, she says simply, 'I'm an honest businesswoman.'"
"When her employees asked for a pay raise, she would grant it if it was reasonable," he recalled. "But when her employees made mistakes, she would criticize them severely. She made it clear when to reward and when to punish."
"she came under some criticism for appointing her 25-year-old son as a nonexecutive member of the Nine Dragons board of directors. But Zhang vigorously defends the appointment, saying her son is qualified and Nine Dragons is, after all, a family company. She has a second son in high school. And her younger brother, Zhang Chang Fei, is the company's deputy chief executive."

Introduction Source from:http://news.bbc.co.uk/1/hi/business/6039296.stm
News Reference: David Barboza, "China's 'Queen of Trash' finds riches in waste paper", International Herald Tribune, Published: January 15, 2007, (http://www.iht.com/articles/2007/01/15/business/trash.php) last accessed in 19/09/2007.

Carlos Slim
The keyword of Carlos' power is Monopoly...

On 8th August 2007, Fortune magazine reported that Carlos Slim had overtaken Bill Gates as the world's richest man. Carlos Slim's estimated fortune soared to US$59 billion.
Telecom leadership
Slim gained notoriety when he led a group of investors that included France Telecome and Southwesten Bell Corporation in buying Telmex and Telnor from the Mexican government in 1990 in a public tender during the presidency of Carlos Salinas. Today, ninety percent of the telephone lines in Mexico are operated by Telmex. The mobile company, Telcel, which Carlos Slim Helú also controls, operates almost eighty percent of all the country's cellphones. These operations have financed Mr. Slim's expansion abroad. Over the past five years, his wireless carrier América Móvil has bought cellphone companies across Latin America, and is now the region's dominant company, with more than 100 million subscribers.

News
"And while he does have a laptop, he is adamant that he does not use it, saying: "I'm a paper man, not electronic." -ramstam
"Philanthropy scepticism... In Mexico where, according to World Bank data, about 50% of people are living in poverty, many feel that he has not donated enough, especially given how ubiquitous his companies are in day-to-day life. However his supporters say that some of that criticism is unfair, not least because of his relatively recent elevation to the ranks of the mega-rich."
"Carlos Slim said: It's... my conviction that poverty is not fought with donations, charity or even public spending "
"Carlos said: Wealth is like an orchard. You have to share the fruit, not the trees "

Introduction Source from: http://en.wikipedia.org/wiki/Carlos_Slim_Hel%C3%BA
News Reference: Simon Atkinson, "Profile: Carlos Slim", BBC News, published: July 04, 2007, (http://news.bbc.co.uk/2/hi/business/6269064.stm) last accessed in 19/09/2007.