By: Leeroy Wuone
ACUMEN THE BUSINESS WORLD CAN GAIN FROM MR TATA
Ratan Tata was born in 28 December,1937 into one of India’s most Iconic business families’. Tata was not only known for his business acumen but also for his good deeds within and without the Indian society.
The late Tata was the Chairman emeritus of the Tata Group,he was raised by his grandmother Navajbai Tata after his parents separated when he was ten years old and at seventeen he moved to the United States of America graduating in 1962 with a bachelor’s degree in architecture at Cornell University.
Around sixty five percent of TATA GROUP’S profits go into charitable trusts to aid in different societyal needs. Ratan Tata did not just view money as financial success, but also as a tool to address societal change.
In a recent interview with The Indian express Tata expressed the need for creativity and innovativeness for the success of any business. He advised that we should not only be after the value of money but we should look at what the money helped us to do and the contribution we have done in society using money.
“Needs of the country change and differ and creativity needs to adapt itself to meet those needs.Can we make a difference can we be creative and innovative,’’Mr Tata questioned in his recent interview with the Indian express.
Mr Tata has always lived his life by values plastered with humbleness, attentiveness to societal needs, innovation, ethical practices and philanthropy. These main values have propelled a modest Tata through success after serving as chairman of Tata Group and Tata sons Company spanning over two decades. There is a time he held the position of interim chairman from October 2016 to February 2017.
Tata Trusts, one of the largest charitable organizations In India have funded scholarships for students and supported sustainable living projects across India. During the covid 19 pandemic a generous Mr Tata through his company donated Rs 500 crore equivalent to 7.6 billion Kenyan shillings (as per this monthds exchange rate) to fight the covid 19 pandemic. Furthermore he donated fifty million dollars to his alma mater Havard business school where he studied business management for the establishment of an executive centre portraying his belief in nurturing young leaders’ through education in readiness to make the world a better place in future.
Tata medical Centre in Kolkata aims to provide world class treatment to cancer patients,his work has been marked with genuine humility in every individual interaction.His initiatives have left a deep seated impact that will benefit future generations to come especially in India his motherland .
Aatma Ko Sadgati Prapt Ho Mr Ratan Tata.