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Ratan Tata: The Architect of Modern India – An Awe-Inspiring Journey | Business

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Driven by strong ethics and compassion, Ratan Tata’s leadership reshaped industries and globalized the Tata Group.

Photo : Twitter

“Take the stories people throw at you and use them to build a monument” – This quote by Ratan Tata is an inspiration for many. From his early days to his tenure as the head of the Tata Group, he has shown how determination and compassion can drive success. Let us take a look at the life of a person who has inspired countless people through his achievements and philanthropic efforts.

Early Life and Background:

Born on December 28, 1937, Ratan Tata faced a challenging childhood marked by the separation of his parents when he was 10. Raised by his grandmother, Navajbai Tata, he learned how to remain strong and dignified when facing challenges. Despite disagreements with his father, he pursued his own path, studying Architecture at Cornell University in the US. His grandmother’s influence and his personal experiences shaped his character and guided his decisions throughout life.

The TATA Story:

Ratan Tata’s journey with the Tata Group began in 1962 when he joined Tata Steel Ltd as an apprentice. Despite initial struggles and uncertainty about his role, he quickly gained experience on the shop floor, working with blue-collar employees and managing tasks such as shoveling limestone and handling furnaces. His dedication and resilience paid off, leading to his promotion to management in the 1970s. His managerial skills were tested when he was tasked with reviving struggling companies like National Radio and Electronics (NELCO) and Empress Mills. Although NELCO faced eventual collapse due to economic challenges, Tata’s successful turnaround of Empress Mills showcased his abilities.

In a surprising turn of events, Ratan Tata was appointed as the Chairman of Tata Sons in 1991, succeeding the iconic Jehangir Ratanji Dadabhoy (JRD) Tata. Under his leadership, the group shifted its focus, exiting certain industries like cement and textiles while expanding into software, telecommunications, finance, and retail. Tata’s forward-looking approach positioned the company to adapt to the changing landscape of a developing nation. Throughout his journey, he received guidance from JRD Tata and gradually silenced his critics with his strategic vision and commitment to progress.

Achievements:

“I don’t believe in taking right decisions. I take decisions and then make them right,” – This quote by Ratan Tata tells us about his dedication and need for innovative approach. He developed a new identity of the Tata Group by bringing people together, coming up with new ideas by adding young talent, and making some strategic changes. His impactful achievements include notably reshaping the Indian automobile industry with the Indica and the revolutionary Nano – a promise fulfilled to bring affordable mobility to Indian families.

Under his guidance, Tata extended its global footprint through acquisitions like Tetley Tea and the purchase of Corus Group Plc, solidifying Tata Steel’s global presence. During his time in charge, there was notable expansion. TCS became a public company, Tata Motors got listed on NYSE, and the company’s earnings grew impressively—revenues increased 40 times, while profits surged 50 times throughout his 21-year tenure. For his exceptional achievements, Ratan Tata received prestigious awards, including the Padma Vibhushan and Padma Bhushan.

After leading the Tata Group, Ratan Tata now focuses on philanthropy and heads the charitable trusts. Recently, he was presented with the inaugural Udyog Ratna award at his Mumbai residence by Maharashtra CM Eknath Shinde and Deputy Chief Ministers Ajit Pawar and Devendra Fadnavis for the Tata Group’s notable contributions.





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Ethics & Policy

Can AI Solve Accent Bias in CX? The Ethics of Voice Tech

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In this exclusive CX Today interview, we sit down with Sanas to explore the cutting-edge world of AI-powered accent translation.

From improving customer experience to tackling ethical concerns, we dive deep into the implications of reshaping the way we communicate.

Join us as we discuss:

  • How AI accent translation enhances global communication
  • The ethical debate around voice modification and identity
  • Real-world applications for CX and business operations
  • What does AI-driven accent translation mean for the future of customer experience?

Subscribe for the latest insights on AI, CX, and digital innovation.



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Ethics & Policy

Meneath: The Hidden Island of Ethics

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English 20 mins Release Date Sep 10, 2021

Meneath: The Hidden Island of Ethics : Release Date, Trailer, Cast & Songs

Title Meneath: The Hidden Island of Ethics
Release status Released
Release date Sep 10, 2021
Language English
Genre Animation
Actors Gail MauriceLake DelisleKent McQuaid
Director Terril Calder
Critic Rating 7.2
Duration 20 mins

Meneath: The Hidden Island of Ethics Storyline

Meneath: The Hidden Island of Ethics

Meneath: The Hidden Island of Ethics – Star Cast And Crew


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Ethics & Policy

5 interesting stats to start your week

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Third of UK marketers have ‘dramatically’ changed AI approach since AI Act

More than a third (37%) of UK marketers say they have ‘dramatically’ changed their approach to AI, since the introduction of the European Union’s AI Act a year ago, according to research by SAP Emarsys.

Additionally, nearly half (44%) of UK marketers say their approach to AI is more ethical than it was this time last year, while 46% report a better understanding of AI ethics, and 48% claim full compliance with the AI Act, which is designed to ensure safe and transparent AI.

The act sets out a phased approach to regulating the technology, classifying models into risk categories and setting up legal, technological, and governance frameworks which will come into place over the next two years.

However, some marketers are sceptical about the legislation, with 28% raising concerns that the AI Act will lead to the end of innovation in marketing.

Source: SAP Emarsys

Shoppers more likely to trust user reviews than influencers

Nearly two-thirds (65%) of UK consumers say they have made a purchase based on online reviews or comments from fellow shoppers, as opposed to 58% who say they have made a purchase thanks to a social media endorsement.

Sports and leisure equipment (63%), decorative homewares (58%), luxury goods (56%), and cultural events (55%) are identified as product categories where consumers are most likely to find peer-to-peer information valuable.

Accurate product information was found to be a key factor in whether a review was positive or negative. Two-thirds (66%) of UK shoppers say that discrepancies between the product they receive and its description are a key reason for leaving negative reviews, whereas 40% of respondents say they have returned an item in the past year because the product details were inaccurate or misleading.

According to research by Akeeno, purchases driven by influencer activity have also declined since 2023, with 50% reporting having made a purchase based on influencer content in 2025 compared to 54% two years ago.

Source: Akeeno

77% of B2B marketing leaders say buyers still rely on their networks

When vetting what brands to work with, 77% of B2B marketing leaders say potential buyers still look at the company’s wider network as well as its own channels.

Given the amount of content professionals are faced with, they are more likely to rely on other professionals they already know and trust, according to research from LinkedIn.

More than two-fifths (43%) of B2B marketers globally say their network is still their primary source for advice at work, ahead of family and friends, search engines, and AI tools.

Additionally, younger professionals surveyed say they are still somewhat sceptical of AI, with three-quarters (75%) of 18- to 24-year-olds saying that even as AI becomes more advanced, there’s still no substitute for the intuition and insights they get from trusted colleagues.

Since professionals are more likely to trust content and advice from peers, marketers are now investing more in creators, employees, and subject matter experts to build trust. As a result, 80% of marketers say trusted creators are now essential to earning credibility with younger buyers.

Source: LinkedIn

Business confidence up 11 points but leaders remain concerned about economy

Business leader confidence has increased slightly from last month, having risen from -72 in July to -61 in August.

The IoD Directors’ Economic Confidence Index, which measures business leader optimism in prospects for the UK economy, is now back to where it was immediately after last year’s Budget.

This improvement comes from several factors, including the rise in investment intentions (up from -27 in July to -8 in August), the rise in headcount expectations from -23 to -4 over the same period, and the increase in revenue expectations from -8 to 12.

Additionally, business leaders’ confidence in their own organisations is also up, standing at 1 in August compared to -9 in July.

Several factors were identified as being of concern for business leaders; these include UK economic conditions at 76%, up from 67% in May, and both employment taxes (remaining at 59%) and business taxes (up to 47%, from 45%) continuing to be of significant concern.

Source: The Institute of Directors

Total volume of alcohol sold in retail down 2.3%

The total volume of alcohol sold in retail has fallen by 2.3% in the first half of 2025 compared to the previous year, equivalent to 90 million fewer litres. Value sales are also down by 1.1% compared to the same period in 2024.

At the same time, retail sales of non-alcoholic drinks have increased by 5.5% compared to last year, while volume sales are up by 2.3%, equivalent to a further 1.5 billion litres.

As the demand for non-alcoholic beverages grows, people increasingly expect these options to be available in their local bars and restaurants, with 55% of Brits and Europeans now expecting bars to always serve non-alcoholic beer.

As well as this, there are shifts happening within the alcoholic beverages category with value sales of no and low-alcohol spirits rising by 16.1%, and sales of ready-to-drink spirits growing by 11.6% compared to last year.

Source: Circana





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