IDEAS home Printed from https://ideas.repec.org/h/spr/csrchp/978-3-319-93629-1_14.html
   My bibliography  Save this book chapter

The Responsible Business Model: Perspectives from the Tata Group

In: Innovation Management and Corporate Social Responsibility

Author

Listed:
  • Shankar Venkateswaran

    (Tata Sons Limited (Ex))

  • Sourav Roy

    (Tata Steel Limited)

Abstract

The Tata group of companies, which completes 150 years in 2018, traces its beginnings to 1868 when Jamsetji Nusserwanji Tata, the founder, setup India’s first large scale textile mill. It has since emerged to be a global conglomerate with aggregate revenues of more than $100 billion and over 660,000 employees today. The longevity of the group provides an effective counter perspective to the declining lifespan of businesses worldwide—for context, nearly 9 of every 10 Fortune 500 companies from 1955 were either gone, merged, or contracted in 2016 while Tata Steel, Tata Power and the iconic Taj hotel in Mumbai have been around for over a 100 years. This journey has also seen the group navigate multiple evolutions in the operating context for its businesses: setting up industries which contributed to a push for economic self-reliance in independent India, adapting to the post liberalization Indian economy in the nineties, successfully riding out the information technology maelstrom at the turn of this century, aligning to new market paradigms after financial crises of 1997 and 2008 and so on.

Suggested Citation

  • Shankar Venkateswaran & Sourav Roy, 2018. "The Responsible Business Model: Perspectives from the Tata Group," CSR, Sustainability, Ethics & Governance, in: Reinhard Altenburger (ed.), Innovation Management and Corporate Social Responsibility, pages 245-262, Springer.
    • Handle: RePEc:spr:csrchp:978-3-319-93629-1_14
    DOI: 10.1007/978-3-319-93629-1_14
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:csrchp:978-3-319-93629-1_14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.