Few things about Ratan Tata that every Indian should definitely know..

There is story that presents the other side of this picture. To top it up, it happened right here in India.

Ratan Tata is the chairman of Indian Hotels who owns the Taj Mahal Hotel Mumbai, which was the target of the terrorists on 26/11/08. Hotel President a 5 star property also belongs to Indian Hotels.

Lets talk about what he did.

All category of employees including those who had completed even 1 day as casual were treated on duty during the time the hotel was closed. Relief and assistance to all those who were injured and killed. The relief and assistance was extended to all those who died at the railway station, surroundings including the “Pav- Bha ji” vendor and the pan shop owners. During the time the hotel was closed, the salaries were sent by money order. A psychiatric cell was established in collaboration with Tata Institute of Social Sciences to counsel those who needed such help.

The thoughts and anxieties going on people’s mind was constantly tracked and where needed psychological help provided. Employee outreach centers were opened where all help, food, water, sanitation, first aid and counseling was provided. 1600 employees were covered by this facility. To every employee, one mentor was assigned and it was that person’s responsibility to act as a “single window” clearance for any help that the person required.

Ratan Tata personally visited the families of all the 80 employees who in some manner – either through injury or getting killed – were affected. The dependents of the employees were flown from outside Mumbai to Mumbai and taken care off in terms of ensuring mental assurance and peace. They were all accommodated in Hotel President for 3 weeks. Ratan Tata himself asked the families and dependents – as to what they wanted him to do. In a record time of 20 days, a new trust was created by the Tatas for the purpose of relief of employees. What is unique is that even the other people, the railway employees, the police staff, the pedestrians who had nothing to do with Tatas were covered by compensation. Each one of them was provided subsistence allowance of Rs. 10K per month for all these people for 6 months. A 4 year old granddaughter of a vendor got 4 bullets in her and only one was removed in the Government hospital. She was taken to Bombay hospital and several lacs were spent by the Tatas on her to fully recover her.

This was the most trying period in the life of the organization. Senior managers including Ratan Tata were visiting funeral to funeral over the 3 days that were most horrible.

The settlement for every deceased member ranged from Rs. 36 to 85 lacs [One lakh rupees tranlates to approx 2200 US $ ] in addition to the following benefits:

a. Full last salary for life for the family and dependents;

b. Complete responsibility of education of children and dependents – anywhere in the world.

c. Full Medical facility for the whole family and dependents for rest of their life.

d. All loans and advances were waived off – irrespective of the amount.

e. Counselor for life for each person

It is funny why was this not repeatedly on the news?

Moreover, it drives attention to a rather undervalued aspect of business in this competitive era. That side is Kindness.

thanks

hope you like it

Source: What Ratan Tata did for the Mumbai victims of 26/11…. what every Indian should know!

 

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