Legendary Industrialist Ratan Tata is no more in this world, but his works and words continue to inspire people. The world remembers him as the greatest business tycoon, legend, philanthropist, visionary leader, compassionate and kind soul, but do you know how Ratan Tata wanted to be remembered as?
In one of his interviews with CNBC-TV18, on asked how would Ratan Tata like to be remembered?
He said, “I would like to be remembered as a person who made a difference, not anything more not anything less.” A person who was able to make a change, who is able to be responsible for some change in the way we look at things.
Ratan Tata’s success as a businessman needs no length of essays and flattering words. What set him apart from other businessmen was his ethics and morals that he embodied in his work from the beginning to his last breath. He said, “There’s no checklist that tells you that you are going to be backing a winning company.” He said an entrepreneur who enjoys the trust and the confidence and the excitement in new venture is going to be more successful.
On asked about his biggest achievement, Ratan Tata said that he won’t be able to define that, there has been many moments which make one feel sense of great satisfaction and there have been a few times when it’s almost a despair.
When asked about the greatest despair, he said that’s an easier one to answer.
He said, “When Tata decided to put central India mills which Jamshedji started into liquidation for Rs 50 lakh, I thought this was a very ‘unTata’ like move but it was done and many people went out of work. He stated that he saw the misery that it caused. Blue collar workers got taken care by the government but officers of the country really suffered; that has remained in my heart said, Ratan Tata.
On 150th anniversary of Tata Sons, he said, “I am very happy to see that we have held together for that much period of time, many companies disintegrate in that kind of period and we should do everything we can to preserve and continue that.
He added that a group may look different in the next 30 to 50 years, but it should embody the same values and ethical standards that it has had. They should never forget that most of their earnings go to philanthropy and not to the pockets of its founders or leaders. They should think that it’s doing something for the common good of mankind.
Ratan Tata, the chairman emeritus of one of India’s biggest conglomerates, Tata Sons, passed away at the age of 86. His demise was informed by the Tata Sons group. “It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation,” said N Chandrasekaran, Chairman, Tata Sons.
Also Read: Ratan Tata: Visionary Who Transformed Tata Group Into $100 Billion Global Powerhouse