<p>Black-swan events, global warming, COVID-19 and a host of other natural and man-made disasters have tested the resilience of businesses across the world. Usually, blame for business failures is apportioned to external factors such as adverse business cycles, badly framed government regulations and lack of infrastructure. However, the causes often lie within―short-term thinking, destruction of natural resources, exploitation of labour and poor management, to name a few. To outlast their competition, build resilience, gain competitive advantage and achieve greater returns in the long run, businesses must improve their performance on material ESG metrics: Environmental impacts such as their consumption of natural resources, waste discharge and carbon emissions; Social factors such as ties with local communities, diversity and inclusion, and building a good reputation with stakeholders; and Governance, including board effectiveness protocols, approach to senior executive compensation and appropriate reliance on independent directors. The benefits that ensue include more efficient use of resources, lower cost of operations, reduced risk, higher employee productivity and increased investor interest. Outlast: How ESG Can Benefit Your Business is a clarion call to corporate leaders to follow the pathway of ESG. The authors, Mukund Rajan and Col. Rajeev Kumar, draw upon their considerable experience of working for some of India’s largest organizations to present evidence and case studies that show that ESG is the mantra of the future. This is a timely read for all those who belong to, or aspire to be part of, the corporate world.</p>

Outlast : How ESG Can Benefit Your Business

Business & Money

Mukund Rajan

Col. Rajeev Kumar

Business Culture

Harpercollins

<p>The Untold Story of the Tata Group's Most Ambitious Leadership Development Programme In the mid-1950s, JRD Tata envisioned the creation of an exclusive management cadre for the Tata Group, christened the Tata Administrative Service (TAS). His vision was to create future leaders who would perpetuate the Tata values such as integrity, excellence, unity and responsibility throughout the Group. At the core of all these values was the agenda of nation building. Understanding fully well that leadership development is a dynamic phenomenon and continues to change over time, JRD was looking at leaders who would be constantly groomed for roles across Tata companies. What led to the TAS becoming a natural choice among aspirants over the Indian Administrative Service (IAS), which, at any point of time, would give them the assurance of a stable government job? How did the TAS fare with creating leaders? Who were some of the brightest leaders that it created? Where is the TAS today and how does the future look? In Tata's Leadership Experiment, three former TAS officers, Bharat Wakhlu, Mukund Rajan and Sonu Bhasin, come together to find answers to these and many other pertinent questions. Based on extensive research and detailed interviews with former and current TAS officers, this book presents a fascinating account of an ambitious leadership experiment.</p>

Tata's Leadership Experiment : The Story of the Tata Administrative Service

Bharat Wakhlu

Sonu Bhasin

HarperBusiness India

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Books by Mukund Rajan