Truly
one of India's 20th and 21st Century industrial success story is of Tata Steel. The
first time I read about them was in the earlier book of R.M.Lala "Creation
of Wealth", which was more of an overview of entire Tata Group. In his new
book "The
Romance of Tata Steel" Lala has focused only on Tata Steel. The author traces
a hundred years and more of exciting history of Tata Steel—from men searching
for iron ore and coking coal in jungle areas, traversing in bullock carts before the
site was found, to the company’s modern status as a world-class company.
Though the writing style makes it appear like a Textbook, you can still enjoy it.
You learn that though the initial crew of the plant in Jamshedpur was of a medley
of nationalities, it worked well to a great extend - the Crew of Steel works
and superintendent were Germans, the English worked
in the Ring Rolling Mills, Clerical Staffs were chiefly Bengalis and Parsis,
a certain number of Austrians, Italians and Swiss
worked in other departments, and the Chinese worked as carpenters
and in pattern shop. One of the interesting quotes in the book is made by R.D.Tata
on 4th June 1925:
"We are like men building a wall against the sea. It would be the height
of folly on our part to give away any part of the cement that is required to make
the wall secure.
That is why we and you have to use this money ... to build
this great industry"
For any entrepreneur like me, it is inspiring to read the innovative HR practices
that Tata Steel has pioneered over the years. After finishing the book we are left
with true admiration for the vision of Jamshedji Tata in setting up Tata Steel and
Jamshedpur city.
Read the complete post at http://www.venkatarangan.com/blog/2008/08/21/The+Romance+Of+Tata+Steel+By+RMLala.aspx