Showing posts with label J. R. D. Tata. Show all posts
Showing posts with label J. R. D. Tata. Show all posts

Sunday, December 12, 2010

J. R. D. Tata : quotes

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JRD Tata quotes
?Money is like manure. It stinks when you pile it; it grows when you spread it.?
 
?Never start with diffidence, Always start with confidence.?
 
?To be a leader, you?ve got to lead human beings with affection.?
 
?I never had any interest in making money. None of my decisions were influenced by whether it would bring me money or wealth.?
 
?Uncommon thinkers reuse what common thinkers refuse.?
 
?When you work, work as if everything depends on you. When you pray, pray as if everything depends on God.?
 
Cleanliness is the Hallmark of perfect standards and the best quality inspector is the conscience.
 
?Quality is first engineered; only then it is inspected.?
 
?Making steel may be compared to making a chappati (tortilla). To make a good chappati, even a golden pin will not work unless the dough is good.?
 
Common people have an appetite for food; uncommon people have an appetite for service.
 
5-guiding Principles of JRD:
1.  Nothing worthwhile is ever achieved without deep thought and hard work;
2.  One must think for oneself and never accept at their face value slogans and catch phrases to which, unfortunately, our people are too easily susceptible;
3.  One must forever strive for excellence, or even perfection, in any task however small, and never be satisfied with the second best;
4.  No success or achievement in material terms is worthwhile unless it serves the needs or interests of the country and its people and is achieved by fair and honest means;
5.  Good human relations not only bring great personal rewards but also are essential to the success of any enterprise.
Most of our troubles are due to poor implementation.....
Wrong priorities and unattainable targets. ~ JRD Tata
 
 
The effective execution of a Plan is what counts and not mere planning on paper; it is not what we put on our plate or even what we eat that provides nourishment and growth, but what we digest.
 
  • While I usually came back from meeting Gandhiji elated and inspired but always a bit sceptical, and from talks with Jawaharlal, fired with emotional zeal but often confused and unconvinced, meetings with Vallabhbhai were a joy from which I returned with renewed confidence in the future of our country. I have often thought that if fate had decreed that he, instead of Jawaharlal, would be the younger of the two, India would have followed a very different path and would be in better economic shape that it is today.
  • I wish, I were big enough, like Einstein, to do what he did on one occasion. A hundred-dollar-a-plate dinner was organised for him to speak, and leaders of America in all fields, particularly in the field of science, were invited to hear the great man. When his turn came, he rose and said:'I've nothing to say,' and sat down. You can imagine the consternation, quite apart from the wasted cost of the dinner! Realising the frightful effect his remarks had on the audience, Einstein got up again and said: 'When I've something to say, I'll let you know.' (Address to the Lions Club of Jamshedpur, August 22, 1963.)
  • The essence of air transport is speed, and speed is unfortunately one of the most expensive commodities in the world, principally because of the disproportionate amount of the power required to achieve high speed and to lift loads thousands of feet into the air. This is strikingly illustrated by the fact that while an average cargo ship, freight train and transport aeroplane are each equipped with engines totalling about 2,500 H.P., the ship can carry a load of about 7,000 tons, the train 800 tons and the plane only two and a half tons. ('On November 2, 1943, J.R.D. Tata spoke to the Bombay Rotary Club.)
  • There is today hardly any country in the world outside the communist bloc which does not have a mixed economy. In fact, even countries which call themselves socialist would object to theirs not being described as a mixed economy, for it would imply that it was a totalitarian one, while countries like Germany or Japan, usually thought of as having typically free enterprise economies, would do the same; for, otherwise, it would imply that theirs was a nineteenth century laissez-faire economy. (Address on 'Why a Mixed Economy?' to the Associated Chambers of Commerce and Industry of India, New Delhi, April 4, 1975.)
  • The Psychology of Delay. Some of the causes of delay in coming to economic decisions in our country seem to lie in the psychological realm. There is such a thing as the psychology of power which motivates people: power of control and patronage, power to delay an application, power to hold up a file, power to keep people waiting in an ante-room, all of which are consciously or subconsciously treated as symbols of prestige and hallmarks of importance. (To The Central Advisory Council of Industries, New Delhi, January 3, 1969.)
  • At the Crossroads.The effective execution of a Plan is what counts and not mere planning on paper; it is not what we put on our plate or even what we eat that provides nourishment and growth, but what we digest. (The Central Advisory Council of Industries, New Delhi, August 13, 1965)
  • Road to Social Justice. The first and perhaps the most important of the factors which have contributed to our failure to make real impact on poverty expressed in terms of total number who live below the poverty line has clearly been the uncontrolled growth of our population...First, we must, at all costs, make a much more earnest effort at controlling the growth of our population. As it is, we are running out of time and there is no longer any possibility of preventing it from exceeding 1,000 million souls by the end of the century. (At The International Seminar of Economic Journalists, New Delhi, December 5, 1972.)

J.R.D Tata while receiving the news of Bharat Ratna " Oh! God, why me?
 

Saturday, December 11, 2010

J. R. D. Tata


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Jehangir Ratanji Dadabhoy Tata or jamshedji tata

JRD Tata
Born July 29, 1904(1904-07-29)
Paris, France
Died November 29, 1993(1993-11-29) (aged 89)
Geneva, Switzerland
Occupation Industrialist
Spouse Thelma Vicaji
Parents R.D. and Suzanne Tata
Jehangir Ratanji Dadabhoy Tata (July 29, 1904–November 29, 1993) was a pioneer aviator and important businessman of India. He was awarded India's highest civilian award, the Bharat Ratna in 1992[1].

[edit] Early life and education

J.R.D. Tata was born in Paris, France, the second child of Parsi father Ratanji Dadabhoy Tata and his French wife, Suzanne "Sooni" Brière[2][3]. His father was a first cousin of Jamsedji Tata, a pioneer industrialist in India. As his mother was French, he spent much of his childhood in France and as a result, French was his first language. Tata also attended the French Foreign Legion. He attended the Cathedral and John Connon School, Bombay (now Mumbai).
He did not continue beyond matriculation as mentioned in his biography Beyond The Last Blue Mountain by R M Lala.

[edit] Biography

J.R.D. Tata was inspired early by aviation pioneer Louis Blériot, and took to flying. On February 10, 1929 Tata obtained the first pilot licence issued in India. He later came to be known as the father of Indian civil aviation. He founded India's first commercial airline, 'Tata Airlines', in 1932, which in 1946 became Air India, now India's national airline.
JRD Tata joined Tata & Sons as an unpaid apprentice in 1925. In 1938, at the age of 34, JRD was elected Chairman of Tata & Sons making him the head of the largest industrial group in India. For decades, J R D directed the huge Tata Group of companies, with major interests in Steel, Engineering, Power,Chemicals and Hospitality. He was famous for succeeding in business while maintaining high ethical standards - refusing to bribe politicians or use the black market.
Under J R D's chairmanship, the assets of the Tata Group grew from Rs 620 Million to over Rs 100 Billion. He started with 14 enterprises under his leadership and half a century later on July 26, 1988, when he left , Tata & Sons was a conglomerate of 95 enterprises which they either started or in which they had controlling interest.
JRD was the trustee of Sir Dorabji Tata Trust from its inception in 1932 for over half a century. Under his guidance, this Trust established Asia's first cancer hospital, the Tata Memorial Center for Cancer, Research and Treatment, in Bombay in 1941. It also founded the Tata Institute of Social Sciences (TISS, 1936), the Tata Institute of Fundamental Research (TIFR, 1945), and the National Center for Performing Arts.
In 1948, JRD Tata launched Air India International as India's first international airline. In 1953, the Indian Government appointed JRD as Chairman of Air-India and a director on the Board of Indian Airlines - a position JRD retained for 25 years. For his crowning achievements in Aviation, JRD was bestowed with the title of Honorary Air Commodore of India.
In 1956, JRD Tata initiated a program of closer 'employee association with management' to give workers a stronger voice in the affairs of the company. He firmly believed in employee welfare and espoused the principles of an eight-hour working day, free medical aid, workers' provident scheme, and workmen's accident compensation schemes, which were later, adopted as statutory requirements in India. In 1979, Tata Steel instituted a new practice: a worker being deemed to be "at work" from the moment he leaves home for work till he returns home from work. This made the company financially liable to the worker for any mishap on the way to and from work. Now they have withdrawn all this eight work and many liability to the worker.

[edit] Death

He died in Switzerland on 29 November 1993 at the age of 89. The Indian Parliament was adjourned in his memory in a gesture rarely accorded to non-Members of Parliament.
He is buried at Père Lachaise Cemetery in Paris,France.
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