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Thought Process of Ratan Tata: Risk is a necessary part of business philosophy and is the ability to be where no one has been before. Thinking big something we did not do previously. Since did in small increments hence lagged behind.
Setting up BHAG- Big Hairy Audacious Goals, Organization guided by core values and purpose to achieve in 10-30 years. To break down journey, leadership sets 3-5 years targets and further broke it down into annual goals. Further broken down into actionable steps taken up by business in next few weeks or months.
Having Right people doing right thing at the right time

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