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Shashank Shah - The Tata Group: From Torchbearers to Trailblazers

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Shashank Shah The Tata Group: From Torchbearers to Trailblazers
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    The Tata Group: From Torchbearers to Trailblazers
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The Tata Group: From Torchbearers to Trailblazers: summary, description and annotation

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With over 100 companies offering products and services across 150 countries, 700,000 employees contributing a revenue of US$100-billion, the Tata Group is Indias largest and most globalized business conglomerate. The Tata name is known for salt, software, cars, communications, housing and hospitality. How did they come so far? How did they groom leadership, delight customers and drive business excellence? How did they maintain a brand and corporate values that are considered gold standard? A deep-dive into the Tata universe brings forth hitherto lesser-known facts and insights. It also brings you face-to-face with business decisions and outcomes that are most intriguing: - How did Tata Motors turnround Jaguar Land Rover when Ford failed to do so? - Why wasnt TCS listed during the IT-boom? - Why wasnt Tata Steels Corus acquisition successful? This definitive book tells riveting tales and gives insider accounts of adventure and achievement, conflict and compassion, dilemmas and decisions across twenty-five Tata companies. With over a decade of rigorous research, interviews with 100 senior Tata leaders, and pan-India site visits, this book decodes the Tata principles of business. Its an exceptional blend of a business biography and a management classic.

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SHASHANK SHAH THE TATA GROUP From Torchbearers to Trailblazers - photo 1
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The Tata Group From Torchbearers to Trailblazers - image 3
SHASHANK SHAH
THE TATA GROUP
From Torchbearers to Trailblazers
The Tata Group From Torchbearers to Trailblazers - image 4
PENGUIN BOOKS
The Tata Group From Torchbearers to Trailblazers - image 5
PENGUIN BOOKS
Advance Praise for the Book

A commendable, riveting account of impeccable integrity, grit, passion and perseverance that defines the Tata Groupan iconic brand synonymous with visionary leadership and ethical, inspirational business practices. That torch lit almost two centuries ago continues to blaze a trail worthy of accolade and emulation!Venu Srinivasan, chairman and managing director, TVS Motor Company and Sundaram-Clayton; director, Tata Sons board; vice-chairman, Tata Trusts

[...] Such a fantastic book has been authored by Shashank. There is so much that Tata knows that the world needs to know, especially young employees who join us and those who wish to do business with us. Its timely that in the 150th year of the Tata Group, its ethos is captured by somebody who has spoken to over 100 leaders across group companies about what the group has done to them and the societyBhaskar Bhat, managing director, Titan Company

What a terrific book! The Tata businesses articulated a stakeholder philosophy more than 100 years before it was (re)discovered by the West. This book is a great example of why we need more business history that is global. And it serves as an icon for how we can learn about businesses that can work all over the worldR. Edward Freeman, professor, University of Virginia, USA

I want to compliment Shashank for this wonderful book. To capture the rich history of India and its industrialization is a terrific job. This book will inspire youngsters to look at business from a different perspective and learn how business and nation building can go together. This book will do a lot of good for every one of us for building a new India going forwardMukundan Ramakrishnan, managing director and CEO, Tata Chemicals

The story of the House of Tata inspires us by showing that service and success can go hand-in-hand, especially amidst turbulence and change. Shashank does this story much justiceTarun Khanna, professor, Harvard Business School; author, Trust: Creating the Foundation for Entrepreneurship in Developing Countries

Tata is a microcosm of Indiagyroscopically balanced, colloidally stable, complex, large, highly diverse, yet unified by a soft glue. This book suggests the secret formulation of that glue, which has helped Tata remain Indias no. 1 corporate for over eighty years, ever since corporate rankings have been measured in India. I found it a great read!R. Gopalakrishnan, former director, Tata Sons; vice chairman, Hindustan Unilever; author, A Biography of Innovations: From Birth to Maturity

This book highlights the Tata principles of business and their success strategies by analysing the potential and performance of business in India over the last 150 years. From colonial rule to Independence, from Licence Raj to the dawn of globalization, the Tata saga has been deeply interwoven with the destiny of a resurgent nation. Shashank narrates this great story with passion and a deep sense of purpose. If there was one book to be read on the Tata Group, this would be worth the timeDipak C. Jain, president (European), China Europe International Business School, Shanghai; former dean, INSEAD (France) and Kellogg School of Management (USA)

Shashank Shah narrates the Tata story with great passion. You will find in this book a broad sweep of Tata history and a wealth of interesting anecdotes, which beautifully illustrate the character of the Tata Group. The author has revisited many crossroads and brings to vivid life many defining moments, which will inspire you and also make you reflect. You will thoroughly enjoy the interesting stories, the engaging narration and the invaluable lessons that this book holds for all of usHarish Bhat, brand custodian, Tata Sons; author, Tata Log and The Curious Marketer

This book provides a fascinating overview of the story of Indias most admired group as a torchbearer of industrial capitalism for 150 years. Through a simple narrative, exciting stories and insightful analysis, Shashank decodes the Tata way of business that has enabled them to emerge as a trailblazer on the global platform. A definitive book on the subject, and a must-read for all who wish to build successful businesses with a social conscienceDebashis Chatterjee, professor and director, IIM Kozhikode; author, Invincible Arjuna

Shashank has written an excellent book. For me, it is a vindication of the Tata way of life and the Tata model of wealth creationK.R.S. Jamwal, executive director, Tata Industries

I wish to congratulate Shashank on this book. I believe we as Indians need to figure out where we come from and where we need to go. In the fast-moving world, we need to have our bearings right and our roots identified. New scholars like Shashank are doing a wonderful job in telling our history in an articulate wayAshish Chauhan, managing director, Bombay Stock Exchange

This book is a very good account of what the Tata Group stands for and what it has done over the last 150 years, especially how it has changed itself over the last quarter century. Shashank also steps back and pulls up very good learnings that can be applied in the current business environment. The book is very easy to read and brings forth the values of the group in a very lucid mannerGirish Wagh, president, Tata Motors

As Indias biggest business group since records began in 1939, the Tata Group has an incredibly rich history of growth and successes, of mysteries and failures spread over 150 years. Shashanks paring and peeling of the Tata Group into seven sections with a clear relationship between the parts is remarkable. I am sure his readers and students will appreciate the crispness of the omnibus that is The Tata Group: From Torchbearers to TrailblazersGita Piramal, business historian; author, Business Maharajas

Tata is not just Indias largest conglomerate, but one of the worlds most important businesses. In The Tata Group: From Torchbearers to Trailblazers, Shashank has written the definitive history of the enterprise that spearheaded Indias new era of globalization, while also providing a colourful account of how it will play a critical role in the countrys economic futureJames Crabtree, associate professor, National University of Singapore; former Mumbai bureau chief, Financial Times; author, The Billionaire Raj

For corporate watchers, investors and students interested in making a career in management, this book is a must-read...Business India

Shah has provided an incredible and exceptionally well-researched, historical narrative...Journal of Values Based Leadership, USA

To

crores of Indians endeavouring to build a nation with nobility and ability

Foreword

Dr Shashank Shah has extensively researched the operations, values and ethics of the Tata Group and the Tata Trusts. He has made a detailed study of the groups history with several anecdotal references, which make the book interesting to read. In addition, he covers good as well as difficult periods that the group underwent over the years while upholding the values and the principles that were considered to be the most important and most protected assets of the Tata Group, Beyond a century of trust.

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