Ratan Tata and his team faced “humiliation” when they went to sell the
group’s fledgling car business to Ford in 1999, but came back to “do a big favour” just nine years later by taking over the American giant’s marquee
brands Jaguar and Land Rover.
“They told us ‘you do not know anything, why did you start the passenger car
division at all’. They said they will do us a favour by buying our car division,”
a Tata Group veteran said while recalling a meeting of Ratan Tata and other
top executives with Ford officials in Detroit in 1999.
The Tata Motors team decided to return to New York the same evening and
Ratan Tata, then the group chairman, was sombre throughout the 90-minute
flight, said Pravin Kadle, who was part of the team at that time and now heads
Tata Capital.
“This was in 1999 and in 2008, the same Ford’s JLR was bought by us. Ford
chairman Bill Ford thanked Tata, saying ‘you are doing us a big favour by
buying JLR’,” Kadle said, to a thunderous applause at an awards function on
Thursday night.
What type of leadership theory would best explain this scenario? Explain with


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