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If you can run the company a bit more collaboratively, you get a better result, because you have more bandwidth and checking and balancing going on.

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A company is a group organized to create a product or service, and it is only as good as its people and how excited they are about creating. I do want to recognize a ton of super-talented people. I just happen to be the face of the companies.

The thing that's been consistent is that this is a team sport and nothing happens through the work of just an individual. We all do this together and it doesn't matter whether you're going to do a startup or you're at a big company, that's going to be the case. And what sport taught me was the importance of that and how to treat a teammate, and how to work together.

They all travel as if they are pack dogs and stick to each other like glue. The best people want to work the big challenges.

I do not know how history will judge me, but let me say that I've spent a lot of time and energy trying to transform the Tatas from a patriarchal concern to an institutional enterprise. It would, therefore, be a mark of failure on my part if it were perceived that Ratan Tata epitomises the Group's success. What I have done is establish growth mechanisms, play down individuals and play up the team that has made the companies what they are. I, for one, am not the kind who loves dwelling on the 'I'. If history remembers me at all, I hope it will be for this transformation.

Talent is extremely important. It's like a sports team, the team that has the best individual player will often win, but then there's a multiplier from how those players work together and the strategy they employ.

The negligence of a few could easily send a ship to the bottom, but if it has the wholehearted cooperation of all on board, it can be safely brought to port.