Business Ethics of JRD Tata
Friends, this is an article I came across recently - and it is worth sharing. It explains his philosophy on business ethics. As an internal auditor of one of the Tata Group companies, I can vouch for the fact that the Tata Code of Conduct is followed in letter and in spirit. Deviations are dealt with firmly by the management, resulting in termination of services in serious cases. Do read- this could be an eye opener to many. The Business Ethics of J.R.D. Tata R.M. Lala The life of JRD Tata defines ethics and values in their truest sense showing us that it is possible to create a large, successful yet humane organization. JRD Tata was the Chairman of Tata Sons, the holding Company of the Tata Group of Companies which has major interests in Steel, Engineering, Power, Chemicals and Hospitality. He was famous for succeeding in business while maintaining high ethical standards. Under JRD’s Chairmanship, the number of companies in the Tata Group grew from 15 to over 100. Monetarily, the asse...