Wednesday, September 04, 2002
Commentary on and brief history of Tata group (Fortune, April 29, 2002)
"...Tata likes to see itself as the embodiment of Indian values--and in many ways it is. Like India, Tata is a loose federation that somehow hangs together. Like India, it has missed chance after chance to progress as others have passed it by. Like India, part of Tata is open, efficient, global, and forward-looking, but most of it is not. And like India, Tata knows its business culture must change but hasn't had the nerve, or the heart, to fully break with the past that holds it hostage..."
"...[Tata group is] a corporate masala: part Oracle, part Bethlehem Steel, part Ford, part AT&T, and a dusting of small, obscure businesses..."
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