Tata Sons Chairman Ratan Tata has been awarded a Lifetime Achievement
Award by the prestigious Rockefeller Foundation here for innovation in
philanthropy.
The Foundation, celebrating 100 years of global innovation, honoured
individuals and institutions with its second annual Innovation Awards in
New York.
Speaking on the occasion, Mr. Tata said businesses should be sensitive
to the fact that they are making a difference in places where they
operate and they have to do things to help the community prosper.
“This is all the more evident in the developing world where disparities
are so huge. If the industry is not sensitive to it, they would
encourage a backlash to take place and many companies that go overseas
are getting to understand the need to do this and those that do not are
really hurting the reputation of other industries,” Mr. Tata said.
“When you see in places like Africa and parts of Asia abject poverty,
hungry children and malnutrition around you, and you look at yourself as
being people who have well being and comforts, I think it takes a very
insensitive, tough person not to feel they need to do something,” not
just by providing material support but by playing a role in helping give
prosperity to the community in which they belong, Mr. Tata added.
He said employees in his organisation have gained a certain spirit of being part of a community in which they operate.
“It has become the DNA of the organisation to play a role in the community,” he added.
Mr. Tata gave the example of a voluntary group in his organisation in
which employees get leave from their jobs to help victims of natural
disasters like tsunamis and earthquakes in India.
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