Quotes :
"If you want excellence, you must aim at perfection.
It has its drawbacks but being finicky is essential."
The Life and Times of J R D Tata :
During the last half of the twentieth century Tata entered several new businesses, many of them unconventional, and produced a vast range of products -- from airlines to hotels, trucks to locomotives, soda ash and other heavy chemicals to pharmaceuticals and financial services, tea and air conditioning to lipsticks and cologne.
The group seemed to make everything and do everything. One of Tata's earliest achievements was to cajole ten rival cement companies to merge and form the Associated Cement Companies, run by the Tatas.
JRD strengthened existing businesses such as steel, power and hotels. At the same time, the group lost interest in some of its older core businesses.
J R D Tata in his own words :
- 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.
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