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Old 10th May 2010, 16:40   #31
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Quote:
Originally Posted by download2live View Post
OT info : Heard from friends that he is a Bachelor.
Yes, he is a bachelor.
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Old 10th May 2010, 17:01   #32
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A mail I received recently follows:


What Ratan Tata did for the Mumbai victims?

Ratan Tata is the chairman of Indian Hotels who own the Taj Mahal Hotel Mumbai, which was the target of the terrorists last year .


Hotel President a 5 star property also belongs to Indian Hotels.

The following is really touching.




A. The Tata Gesture

All category of employees including those who had completed even 1 day as casuals were treated on duty during the time the hotel was closed.

Relief and assistance to all those who were injured and killed
The relief and assistance was extended to all those who died at the railway station, surroundings including the “Pav- Bha ji” vendor and the pan shop owners.

During the time the hotel was closed, the salaries were sent by money order.
A psychiatric cell was established in collaboration with Tata Institute of Social Sciences to counsel those who needed such help.

The thoughts and anxieties going on people’s mind was constantly tracked and where needed psychological help provided.

Employee outreach centers were opened where all help, food, water, sanitation, first aid and counseling was provided. 1600 employees were covered by this facility.

Every employee was assigned to one mentor and it was that person’s responsibility to act as a “single window” clearance for any help that the person required.

Ratan Tata personally visited the families of all the 80 employees who in some manner – either through injury or getting killed – were affected.

The dependents of the employees were flown from outside Mumbai to Mumbai and taken care off in terms of ensuring mental assurance and peace. They were all accommodated in Hotel President for 3 weeks.

Ratan Tata himself asked the families and dependents – as to what they wanted him to do.

In a record time of 20 days, a new trust was created by the Tatas for the purpose of relief of employees.

What is unique is that even the other people, the railway employees, the police staff, the pedestrians who had nothing to do with Tatas were covered by compensation. Each one of them was provided subsistence allowance of Rs. 10K per month for all these people for 6 months.

A 4 year old granddaughter of a vendor got 4 bullets in her and only one was removed in the Government hospital. She was taken to Bombay hospital and several lacs were spent by the Tatas on her to fully recover her.

New hand carts were provided to several vendors who lost their carts.

Tata will take responsibility of life education of 46 children of the victims of the terror.

This was the most trying period in the life of the organisation. Senior managers including Ratan Tata were visiting funeral to funeral over the 3 days that were most horrible.

The settlement for every deceased member ranged from Rs. 36 to 85 lacs in addition to the following benefits:

a. Full last salary for life for the family and dependents;

b. Complete responsibility of education of children and dependents – anywhere in the world.

c. Full Medical facility for the whole family and dependents for rest of their life.

d. All loans and advances were waived off – irrespective of the amount.

e. Counselor for life for each person

B. Epilogue

How was such passion created among the employees? How and why did they behave the way they did?

The organisation is clear that it is not something that someone can take credit for. It is not some training and development that created such behaviour. If someone suggests that – everyone laughs

It has to do with the DNA of the organisation, with the way Tata culture exists and above all with the situation that prevailed that time. The organisation has always been telling that customers and guests are #1 priority
The hotel business was started by Jamshedji Tata when he was insulted in one of the British hotels and not allowed to stay there.
He created several institutions which later became icons of progress, culture and modernity. IISc is one such institute. He was told by the rulers that time that he can acquire land for IISc to the extent he could fence the same. He could afford fencing only 400 acres.
When the HR function hesitatingly made a very rich proposal to Ratan – he said – do you think we are doing enough?
The whole approach was that the organisation would spend several hundred crore in re-building the property – why not spend equally on the employees who gave their life?
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Old 10th May 2010, 17:17   #33
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While I have no incidents to narrate and no email forwards to post here, my only chance meet with Mr. Ratan Tata was at the Auto Expo in New Delhi. His aura is so strong that you don't even need to speak to him to know what sort of a human being he is.
I was inside the Tata Land Rover stall watching and admiring the RR Sports when he entered. Engrossed in the RR I never noticed him entering the stall and was blocking his path while looking at the silver RR Sports. Realizing that I was blocking someone's path, I looked up and saw Mr. Ratan Tata himself smiling warmly looking at me. I was floored and till this day rue the fact that I didnt shook hands with him!

Salutations Mr. Tata! The Man if ever there was in the Indian Business.

Last edited by extreme_torque : 10th May 2010 at 17:36.
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Old 10th May 2010, 17:26   #34
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Undoubtedly amongst the greatest, the most enterprising and yet the humblest businessmen of modern times.

Indeed a Rajah, a complete Rajah.
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Old 26th January 2012, 13:34   #35
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Re: The Last Rajah : Ratan Tata

I have heard from many Tata Employees that they have a very good working environment with great ethics. And every employee respects Mr.Ratan Tata.
One thing is for sure. It will take a lot of struggle for Ratan Tata's successor to rule like Mr.Tata. I always respect him and his style of leadership.No one can match him.
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Old 15th March 2012, 12:50   #36
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Re: I salute Mr. Ratan Tata

Quote:
This is NOT COVERED BY Any NEWS CHANNELS !
Apparently this is from an HBR case study. You can read a brief abstract here Terror at the Taj — HBS Working Knowledge
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Old 15th March 2012, 13:57   #37
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Re: I salute Mr. Ratan Tata

TATA is one of those few organizations that really undertook/undertakes corporate social responsibility (CSR) seriously, much before the term became fashionable.

The same is their policies for their employees.
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Old 15th March 2012, 19:44   #38
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Re: The Last Rajah : Ratan Tata

Cyrus Mistry is in the process of taking over from Ratan Tata.

He has sold/divested completely from is family business (Shapor Pallonji) to avoid any conflict of interest with his fathers companies.

This man has the credentials to take the TATA brand forward.

Good luck to him !
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Old 15th March 2012, 22:53   #39
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Re: The Last Rajah : Ratan Tata

Also, THINK since he is an adopted son, he never married just to ensure that the Brand TATA should not belong to any family, where family members can claim the property. It was a National company and will remain a National company.

Many many hats off to TATA.
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Old 16th March 2012, 04:29   #40
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Re: I salute Mr. Ratan Tata

Quote:
Originally Posted by raj_5004 View Post
What Ratan Tata did for the Mumbai victims... what every Indian should know!
please check Post #32 above - this page itself.
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Old 16th March 2012, 07:53   #41
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Re: The Last Rajah : Ratan Tata

I would like to add one incident which i read somewhere (maybe on team-bhp itself) I cannot vouch for its authencity or the exactness of the details

Many years back Ratan Tata and a few of his executives were being driven in a car from pune to mumbai. The car suffered a puncture and the executives got out for a smoke. Mr Tata didn't join them.
He was busy helping the driver change the tyre
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Old 16th March 2012, 08:51   #42
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Re: The Last Rajah : Ratan Tata

Quote:
Originally Posted by Joy View Post
Also, THINK since he is an adopted son, he never married just to ensure that the Brand TATA should not belong to any family, where family members can claim the property. It was a National company and will remain a National company.

Many many hats off to TATA.
What does 'national company' mean?
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Old 14th December 2013, 07:54   #43
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Re: The Last Rajah : Ratan Tata

Ratan Tata is awarded the Dwight D Eisenhower Leadership award:

http://www.rediff.com/business/slide...d/20131213.htm
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Old 10th June 2014, 08:37   #44
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The Last Rajah : Ratan Tata

Ratan Tata is awarded the Life-Time Achievement Award by FADA (Federation of Automobile Dealers Association) for his contribution to the growth, development and success of Indian auto industry.

Full article - Overdrive
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Old 3rd August 2014, 14:09   #45
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Re: The Last Rajah : Ratan Tata

a few wise words by Sri Ratan Tata !
Attached Thumbnails
The Last Rajah : Ratan Tata-tata.jpg  

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