My Tata Steel

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My Tata Steel

  1. 1. BY ANUSHA JOSE
  2. 2. INTRODUCTION :- Company profile • Established in 1907, Tata Steel is Asia's first and India's largest private sector steel company. Tata Steel is among the lowest cost producers of steel in the world and one of the few select steel companies in the world that is EVA+ (Economic Value Added). • Tata Steel is the world’s 6th largest steel company with an existing annual crude steel production capacity of 30 Million Tonnes. • Tata Steel has a balanced global presence in over 50 developed European and fast growing Asian markets, with manufacturing units in 26 countries. • Tata Steel`s Jamshedpur (India) Works has a crude steel production capacity of 6.8 MTPA which is slated to increase to 10 MTPA by 2010.
  3. 3. • Determined to be a major global steel player, Tata Steel has recently included in its fold NatSteel, Asia (2 MTPA) and Millennium Steel (1.7 MTPA) and also acquired Corus creating a manufacturing network in eight markets in South East Asia, Europe and Pacific countries. • While the Company is focused in the pursuit of its operational goals, it is also committed to being a good corporate citizen. Tata Steel extends support to the economically underprivileged not by charity but by strengthening and empowering them with expertise and knowledge. It community outreach programmes covers the Tata Steel managed city of Jamshedpur and over 600 villages in and around.
  4. 4. Heritage:- • The Founder - Jamsetji Nusserwanji Tata (1839-1904) • Jamsetji Nusserwanji Tata ranks among the greatest visionaries of Industrial enterprises of all time. • With the most extraordinary imagination and prescience, he laid the foundations and became a key figure in India’s industrial renaissance. • A pioneer in town planning, he was mainly responsible for modernizing Bombay and conceived a steel town to the very last detail, later to be named Jamshedpur, after him. • Pioneers - Sir Dorabji Tata (1859-1933) • J N Tata had exhorted to his sons to pursue and develop his life’s work; his elder son, Dorabji Tata carried out the bequest. • It was Jamsetji Tata who had envisioned the projects, it was in fact Dorab Tata who actually brought the ventures to existence. He was the first Chairman of the gigantic Tata enterprises. The great labour strike in 1920 in Jamshedpur ended in a day due to his intervention. It demonstrated India could have no better employer of labour than Sir Dorab.
  5. 5. Jehangir Ratanji Dadabhai Tata(1904- 1993) JRD Tata has been one of the greatest builders and personalities of modern India in the twentieth century. He assumed Chairmanship of Tata Sons Limited at the young age of 34; but his charismatic, disciplined and forward-looking leadership over the next 50 years and more, led the Tata Group to new heights of achievement, expansion and modernization. He was the pioneer of civil aviation in India. In 1932, he introduced air transport in the country--the enterprise later became Air India. Government of India conferred the highest civilian award of the land, Bharat Ratna to JRD Tata in 1992.
  6. 6. M.D:- B. MUTHURAMAN Indian Society for Quality has conferred upon Mr. B Muthuraman, Managing Director, Tata Steel, the prestigious Jamsetji Tata award for the year 2008
  7. 7. VISION 2007 • We will make the steel business into an EVA positive one by 2007 – 08 through new initiatives, to be called ASPIRE, in all relevant areas of our business. • We will continue to be the lowest cost producer of steel in the world by continuous improvement, benchmarking and up gradation. . • We will strengthen our partnerships with our customers and suppliers, and create mutually value creating opportunities. • We will accelerate our efforts to provide a work environment that will ensure a sense of purpose and personal growth for each individual. We wish to see the smile on every face every day. • Encourage innovation. Creating an atmosphere where risk taking is encouraged and failures in attempting stretched targets is B. MUTHURAMAN
  8. 8. • We aspire to be the global steel industry benchmark for Value Creation and Corporate Citizenship. We make the difference through: • Our people, by fostering team work, nurturing talent, enhancing leadership capability and acting with pace, pride and passion. • Our offer, by becoming the supplier of choice, delivering premium products and services, and creating value with our customers. • Our innovative approach, by developing leading edge solutions in technology, processes and products. • Our conduct, by providing a safe working place, respecting the environment, caring for our communities and demonstrating high ethical
  9. 9. QUALITY POLICY • Consistent with the group purpose, Tata Steel shall constantly strive to improve the quality of life of the communities it serves through excellence in all facets of its activities. • We are committed to create value for all our stakeholders by continually improving our systems and process through innovation, involving all our employees. • This policy shall form the basis of establishing and reviewing the Quality Objectives and shall be communicated across the organization. This policy will be reviewed to B. MUTHURAMA N align with business direction and to comply Managing Director
  10. 10. HUMAN RESOURCE POLICY • Tata Steel recognises that its people are the primary source of its competitiveness. • It is committed to equal employment opportunities for attracting the best available talent and ensuring a cosmopolitan workforce. • It will pursue management practices designed to enrich the quality of life of its employees, develop their potential and maximise their productivity. • It will aim at ensuring transparency, fairness and equity in all its dealing with its B. MUTHURAMA employees. Managing N Director • Tata Steel will strive continuously to foster a
  11. 11. SOCIAL ACCOUNTABILITY POLICY • Tata Steel, in accordance with its founding principles, will continue to improve the quality of life of its employees and the communities it serves. • Tata Steel will conduct its business ever mindful of its social accountability, respecting applicable laws and with regard for human dignity. • Tata Steel will positively impact and influence its partners in fosteringMUTHURAMAN B. a sense of Managing Director social commitment for their stakeholders.
  12. 12. STRIVING FOR EXCELLENCE • Our Thrust Areas
  13. 13. ASPIRE has become Tata Steel’s brand for improvement through involvement of its employees. On 1st of Nov, 2006 Tata Steel re-dedicated itself to ASPIRE with the objective of emphasizing the role of improvement initiatives in Tata Steel’s ever growing aspirations with focus on TOC, TQM & Technology. The ASPIRE T3 focuses on motivating the employees in using TOC (Theory of Constraints), TQM (Total Quality Management), and Technology thus taking the company towards global excellence. While TOC is primarily being applied to improve service quality for our customers, TQM is focusing on improving the consistency and capability of our process to deliver superior quality products. Through Technology focus we want to improve our capability for New Product
  14. 14. Improvement Initiatives The company is currently on an accelerated change management journey through ASPIRE T3 for meeting its global aspirations.

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