Founding Principles: The book likely explores the founding principles and values that guided the establishment of the Tata Group by Jamsetji Tata in the 19th century.
Entrepreneurial Legacy: Insights into the entrepreneurial legacy of the Tata family, spanning generations and contributing to the growth of the conglomerate.
Diversification Strategy: The Tata Group is known for its diversified portfolio. The book may discuss the strategic decisions and considerations behind diversifying into various industries.
Nation-Building Contributions: Highlighting the Tata Group's contributions to nation-building in India, including its role in industrialization, education, and social welfare.
Innovations and Technological Advancements: The book may cover instances of the Tata Group's commitment to innovation and technological advancements in different sectors.
Global Expansion: Insights into the Tata Group's foray into the global market, exploring its international business ventures and collaborations.
Corporate Social Responsibility: The Tatas are known for their commitment to corporate social responsibility. The book likely covers initiatives and projects aimed at societal well-being.
Leadership Succession: The succession planning within the Tata family and the transition of leadership across generations may be a key theme.
Challenges and Resilience: Exploring challenges faced by the Tata Group over the years and how the conglomerate demonstrated resilience in overcoming obstacles.
Contemporary Relevance: Discussing the Tata Group's contemporary relevance in the 21st century and its role in shaping India's economic landscape.
Language | English |
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ISBN-10 | 0143062247 |
ISBN-13 | 9780143062240 |
No of pages | 336 |
Font Size | Medium |
Book Publisher | Penguin India |
Published Date | 01 Jan 2006 |
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When Jamsetji Tata started a trading firm in 1868, few could have guessed that he was also opening an important chapter in the making of modern India. Jamsetji saw that the three keys to India's industrial development were steel, hydroelectric power and technical education and research. A century and a half later, the Tatas can claim with justice to have lived up to the vision of their founder. But the road to success has never been smooth. Appearing for the first time in this edition is the story of how the Tatas, with Ratan Tata at the helm, have had to grapple with change in the post-1992 era of economic reforms.
In a frank epilogue, Ratan Tata talks about the difficulties he faced in implementing change, including resistance from his colleagues. The Creation of Wealth is R.M. Lala's best-selling account of how the Tatas have been at the forefront in the making of the Indian nation "not just by their phenomenal achievements as industrialists and entrepreneurs but also by their signal contributions in areas like factory reforms, labour and social welfare, medical research, higher education, culture and arts and rural development.