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Tata Motors Group
TATA MOTORS
Executive Summary
Warren (2008) asserts that strategic management is a systematic approach to identification of
environment of the company, need for change and then initiating the necessary change in the
organization. The discipline of strategic management goes beyond the development of strategic plan
for the organization and it includes pre planning and strategic planning processes. This report has
analyzed the strategic management strategies of Tata Motors which is a part of Tata Group. The
company is the largest automobile company in the India and is regarded as market leader in
commercial vehicle segment (Tata Motors 2014a). The company is functioning in compact, midsize
and utility vehicle segment.
The report ... Show more content on Helpwriting.net ...
As a part of internal environment analysis, I have undertaken SWOT analysis, core competence
analysis and key factors of success analysis for Tata Motors:
3.1 SWOT analysis for Tata Motors
3.2 Core Competence Analysis for Tata Motors
The core competence of Tata Motors lies in its expertise in production of commercial vehicles and
good financial and human resources at its disposal which help it in introducing cost effective
passenger cars in the market. The company has access to good research and development
capabilities also which help it in manufacturing excellent products for the market. This core
competence stands on the test offered by Hamel and Prahalad as it can help the company in entering
into new market segments, satisfy the demands of existing customers and give good profits.
3.3 Key Factors to success for Tata Motors
The key factors which can have a bearing on the success of Tata Motors
1. New innovations in design
2. Research and development
3. Good utilization of financial resources at its disposal
4. Good brand image in market
The above key factors can be utilized by the management to optimize its performance for the future.
3.4 Financial resources analysis for Tata Motors
The
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Drawbacks Of Going International Essay
1. Discuss the advantages and drawbacks of going international using Tata Group's experiences.
Based on Tata Group's experience, we can see the advantages and drawbacks of going international
as follows: Advantages of going international; ① The first advantages of going international for Tata
is to achieve benefits of economies of scale; Tata has more than 100 operating companies in seven
main business groups doing business in 80 countries: chemicals, information systems and
communications, consumer products, energy, engineering, materials, and services. Its two largest
businesses are Tata Steel and Tata Motors. Its Tata Tea, which owns the valued Tetley brand, also is
one of the largest tea producers in the world. It ranked 6 on the ... Show more content on
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Quality issues: a series of recall due to quality defect; More than 70,000 Range Rovers are being
recalled by Jaguar Land Rover North America due to fears that one or both front brake hoses
causing a loss of brake fluid. Range Rover and Range Rover Sports from years 2013 and 2014 are
being recalled over concerns that brake vacuum hoses may not have been fitted properly. Almost
5,000 Jaguar XK cars from 2012 to 2015 will also be recalled over fears their side lights may switch
off after five minutes ② Difficulty in finding similarities in markets or operational capabilities; Tata
has more than 100 operating companies in seven main business groups doing business in 80
countries: chemicals, information systems and communications, consumer products, energy,
engineering, materials, and services. It's difficult to find similarities in markets or operational
capabilities, so they need more effort to develop to different strategies for different markets
especially for consumer products. More complex and challenging process of managing strategically
it face. Protectionism, especially in scenarios with continued high unemployment and economic
malaise; India exploits scrutiny of India's own restrictions on inward foreign investment. The rules
are particularly tough on foreign investment in banks.
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Case Study Of Tata Communications
1–BACKGROUND AND INCEPTION OF THE COMPANY INCLUDING PROMOTER
Tata Communications is a global company with its roots in the emerging markets. Headquartered in
Mumbai and Singapore, it has more than 8,000 employees across 38 countries. The $3.2 billion
company is listed on the Bombay Stock Exchange and the National Stock Exchange of India and is
the flagship telecoms arm of the $103.3 billion Tata Group.
Over the past decade, Tata Communications has evolved from a wholesale service provider serving
the Indian market to a leading provider of A New World of Communications to enterprise customers
and service providers worldwide.
Over the past few years technology has caused significant changes in the way enterprises conduct
business.
The exponential growth of connected devices, emergence of social ... Show more content on
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9. PRODUCT/ SERVICE OF THE COMPANY :
10. COMPETITORS:–
→Bharti Airtel
→Goldstone Infra
→Idea Cellular
→MTNL
→Nettlinx
→NuTek India
→Quadrant Tele
→Reliance Communications
→Suyog Tele
→Tulip Telecom
11. SIZE OF THE COMPANY IN TERMS OF REVENUE:–
12. MARKET SHARE AND GROWTH RATE OF THE COMPANY:–
Market Capitalization 486.45
Total Revenue 4840.35
Revenue growth rate 3.2 billion
13.ANNUAL TURNOVER OF THE COMPANY:–
Standalone in Crores Consolidated in Crores
4,989.88 20,309.80
Revenue growth in 2014–15 is 30.70%
PARTICULARS Mar 15 Mar 14 Mar 13 Mar 12 Mar 11
Profit/Loss Before Tax 1003.27 803.45 656.69 265.12 154.04
Profit/Loss From Continuing Operations 506.29 503.66 500.45 176.12 70.14
Profit/Loss For The Period 506.29 503.66 500.45 176.12 70.14
14.GROSS AND NET PROFIT INCLUDING CAPITAL STRUCTURE:–
Value are in crores.
15.ADDRESS AND HEADQUARTER DETAIL:–
Tata Communications Limited
C21 and C36 Block G,
Bandra Kurla Complex Bandra (East)
City– Mumbai
State– Maharashtra
Email id:help@tatacommunications.com
Web Url:
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Case Study Of Tata Steel And Corus Group
Tata Steel acquired Corus Group in April 2007 for £6.2bn. Tata Steel is India's largest private sector
steel company with 2005/06 revenues of US$5.0 billion and crude steel production of 5.3 million
tons across India and South–East Asia. Corus Group is Europe's second largest steel producer with
annual revenues of over £9.2 billion and a crude steel production of 18.2 million tons in 2005. This
is an interesting acquisition as the acquired company was almost four times the size of the acquirer
in terms of revenue. The combined entity became the fifth largest steel company in the world. The
acquisition allowed Tata Steel entry into the European market. This deal follows the merger of
Arcelor–Mittal forming world's largest steel company. It is the biggest deal ever from an emerging
market. The deal is a powerful combination of low cost upstream production in India with the high
end downstream processing facilities of Corus. The deal occurred through 9 rounds of competitive
bidding between Tata Steel and ... Show more content on Helpwriting.net ...
In 2014–15, the share was down to 57.3 percent. While Tata Steel group witnessed a 6 percent
growth in turnover over the period, Tata Steel Europe saw a 20 percent decline in turnover. Clearly,
Tata Steel Europe has been a drag on the group. As far as operating profit is concerned, Tata Steel
group saw a decline of 30 percent between 2007–08 and 2014–15. Tata Steel Europe, meanwhile
witnessed a sharper 53 percent decline. In 2007–08, a year before the global financial crisis started,
the foreign subsidiary had a 50 percent contribution to overall Ebitda. The business never went back
to that level of operating profit after that. The share in 2014–15 stood at 33.6 percent. In 2015–16 up
to December, the group's consolidated EBITDA stood at Rs 11,165 crore. Tata Steel Europe,
meanwhile, reported an operating loss of Rs 339
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Tata Steel Project
INTRODUCTION
Tata Steel, formerly known as TISCO and Tata Iron and Steel Company Limited, is the world 's
sixth largest steel company, with an annual crude steel capacity of 31 million tonnes. It is the largest
private sector steel company in India in terms of domestic production. Ranked 258th on Fortune
Global 500, it is based in Jamshedpur, Jharkhand, India. It is part of Tata Group of companies. Tata
Steel is also India 's second–largest and second–most profitable company in private sector with
consolidated revenues of Rs 1,32,110 crore and net profit of over Rs 12,350 crore during the year
ended March 31, 2008. Backed by 100 glorious years of experience in steel making, Tata Steel is
among the top ten steel producers in the world ... Show more content on Helpwriting.net ...
In 1973, the Steel Authority of India Ltd. (SAIL) was created as a holding company to oversee most
of India 's iron and steel production.
COMPANY PROFILE
Established in 1907, it is the first integrated steel plant in Asia and is now the world`s second most
geographically diversified steel producer and a Fortune 500 Company. Its main plant is located in
Jamshedpur, Jharkhand, with its recent acquisitions; the company has become a multinational with
operations in various countries. The Jamshedpur plant contains the DCS supplied by Honeywell.
The registered office of Tata Steel is in Mumbai. The company was also recognized as the world 's
best steel producer by World Steel Dynamics in 2005. The company is listed on Bombay Stock
Exchange and National Stock Exchange of India, and employs about 82,700 people (as of 2007).
Tata Steel has a balanced global presence in over 50 developed European and fast growing Asian
markets, with manufacturing units in 26 countries. It was the vision of the founder; Jamsetji
Nusserwanji Tata., that on 27th February, 1908, the first stake was driven into the soil of Sakchi. His
vision helped Tata Steel overcome several periods of adversity and strive to improve against all
odds. 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. The Company also has proposed three Greenfield
steel projects in the
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Tata Group Essay
This quote by Jamsetji Tata explains why the Tata group was so successful throughout history from
a simple trading company to a global conglomerate which makes more than makes more than US$
103.27 billion (2014) and employs more than 580,000 people throughout the world.
The foundation of the future Tata Group was laid in 1868 by Jamsetji Tata through the establishment
of a trading company in Bombay. This initial investment was followed by the acquisition of a
bankrupt oil mill in 1869 which, after being converted into a cotton mill, was sold to make profit
and enable him to undertake the first major industrial project of the Tata Group by setting up another
cotton mill in 1874, the Empress mill (named after the Empress of India, Queen Victoria). ... Show
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It would be under his leadership that his father's ideas would be realized essentially with the
establishment of the conglomerates, Tata Steel (1907) and Tata Power (1911). Both constitute the
core of the present–day Tata group. Moreover, Sir Dorab Tata also contributed to helping India's
educational system grow by creating the Indian Institute of Science in Bangalore in 1911. This
would become one of the first of many centers of research and learning that would both support the
Tata group and enhance its development. In addition, the Tata group is also characterized by the way
they care for their employees. A perfect example of this would be, when in 1912, Tata Steel
introduced an eight–hour working day even though it was not statutory in most industrialized
nations. Under Sir Dorab Tata's management, the Tata group, which already possessed three cotton
mills and a luxury hotel, now also included the largest private sector steel company as well as three
electric companies and one of India's main insurance companies, New India Insurance Co Ltd in
1919 (the largest General Insurance Company in
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Case Study Of Tata Group
Tata Consultancy Services
Jibin Balachandran
Abstract– Tata Group, was founded by Jamsetji Tata in 1868 this group is India's most respected
institutions today. Tata Sons Limited holds major share of Tata Group which is a conglomerate. In
this study we will look into how Tata Consultancy Service Ltd which is one of its conglomerate has
risen to be one of the best in India.
Key words:
INTRODUCTION
Tata Consultancy Services Ltd. (TCS) began its software research and service about three decades
ago. TCS offers a range of IT solutions, services, outsourcing for and of business. It's a part of Tata
Group, one of India's respected business conglomerate, Headquartered in Mumbai, Maharashtra.
They have 142 offices in 42 countries and 105 delivery ... Show more content on Helpwriting.net ...
To make it a joy for all stakeholders to work with us." And they uphold values like "Leading change,
Integrity, Respect for the individual, Excellence, Learning and sharing." With this mission and
values TCS has established itself as one of the prominent in IT sector player in India with Cyrus
Mistry as chairman and N Chandrasekaran as the Managing Director, employing 300,464 employees
as of March 2014.
I. Background of the study
TCS was a division to service electronic data processing (EDP) at first there requirement was to
provide management consulting services at first when it was established. In 1971, they got their first
international assignment. In 1981, company set up its first R&D division in India called Tata
Research Design and Development Centre at Pune. In 1985, first client–dedicated offshore
development center for Compaq (then Tandem) was setup. In 1989, they provided electronic
depository and trading system called 'SECOM' for a company 'SIS SegaInterSettle', Switzerland. In
1997, they setup their new corporate training facility at Trivandrum to give training to their
employees. In 1998, they ventured into
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Tata Group
1.0 Source Problems
Being able to maintain Tata Groups core values and vision; during a time of uncertainty in the
economy and in the internal organisation as well.
2.0 Secondary Problems
These problems can be identified separately as short or long term problems. Whereby the short term
problems are ones that can be solved and addressed currently or instantly, whereas long term
problems having to take some careful planning and analysis and require solutions that are spread out
over a couple of years instead.
Short–Term Problems
2.1 It is known that the current chairman of Tata Group, Ratan Tata is close to stepping down from
his position and retiring. With this, comes the challenge of identifying a suitable and qualified ...
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Otherwise it would defeat the purpose and vision that Ratan Tata had originally envisioned for them.
Currently, the group is bound together by the small staffs of Tata Sons and another holding
company, Tata Industries. These two, chaired by Ratan Tata, provide strategic vision, control the
Tata brand, and lend a hand on big deals. There is a need for more of the other smaller companies
and subsidiaries to get involved and actually be a part of the growth, instead of taking a backseat
and just going through the motion.
With the Tata Group constantly seeking new opportunities in various industries, their levels of CSR
have been affected but not drastically. As CSR has been known to be a very important factor in the
way the Tata Group does its business, they have continued to ensure that their targets on this front
are met. However, with the economy slowing down in recent times (The Economist 2011), CSR
might not take such a high priority in the way that business and operations are going to be run. It is
seen that their contribution to social welfare and environment–related projects for the financial year
of 2010–2011 was still considerably high at USD$59.7 million (Tata Group 2012).
It is said that Ratan Tata will retire in December 2012. So far, news is that Cyrus Mistry will be his
successor (The Times of
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Tata Group
Term Paper Proposal
Company: TATA Motors Group – India Business & Jaguar Land Rover
Mission
"To be passionate in anticipating and providing the best vehicles and experiences that excite our
customers globally"
Vision
Most admired by our customers, employees, business partners and shareholders for the experience
and value they enjoy from being with us.
Marketing Objectives
Tata motors is a leading automobile brand. It is most widely known for its commercial vehicles such
as buses and trucks. However, TATA motors has also started an excellent expansion in passenger
cars and it is rapidly gaining market share. The Marketing mix of Tata Motors talks about the 4P of
the brand which has helped the brand rise in the automobile empire. ... Show more content on
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Net profit margin = net profit/total revenue
4. Current Ratio– This basically describes the ability to pay the bills.
Current ratio = current assets/current liabilities
5. Return on net assets (RONA) – It is also measure of financial performance.
RONA = Net Income / (Fixed Assets + current liabilities)
KPI of 2014–2015
Source: http://www.tatamotors.com/investors/financials/70–ar–html/tata–motors–glance.html
Situational Analysis
PEST Analysis
1. Political
 The Singur Controversy
 TML acquired a land of 997 acres for manufacturing Cars by state government support.
Nano
 But this acquisition required the displacement of farmers.
 It attracted heavy criticisms, "Save Farmland" movement was started by opposition leader
Mamata Bannerjee.
 On 3rd October, 2008, TML closed its plant from Singur.
 It was later established in Sanand, Gujarat.
2. Economical
TML's economic scenario is quite promising with GDP growth rate around 7%.
However, high interest rates and low freight availability impacted its financial infrastructure in first
quarter of 2013.
During the same time, price pressure from competitors also marred its financial position.
The commercial vehicle segment of TML gave it an edge over others at this time and the big and
mid–sized vehicles helped TML to regain its ground.
3. Social
Where ever TML goes, may it be domestic or international markets, it hires mostly the local
population generating
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Challenges Faced By Tata Essay
Challenges faced by Tata Group
Ratan Tata believed that all the Tata group companies had enough shareholdings in their associated
companies to be called as groups in their own rights. All throughout the history Tata group followed
precepts set by Jamsetji Tata. By 20th century the leadership was considered almost to be a static
business environment. However, due to the drastic changes in the economic liberalization Ratan Tata
was forced to restructure the group structure and strategy with respect to the changing environment.
Industrial licensing was brought in, the insurance ventures of the Tatas and their airlines were
nationalised. However, it was observed that Tata groups were slow to react towards the changing
demands of ... Show more content on Helpwriting.net ...
When in 1991, Ratan Tata took over as the chairman, the company was very low on the group
bonding quality. All the firms under the Tata group followed their own strategy and often their
business interest clashed which resulted in competition among various Tata firms.
The group lacked the spirit of central cohesiveness as there was no person to command them. Ratan
Tata lacked the kind of authority what his any of the predecessors had. There was strong resistance
to
change that has been built over a century old legacy. Therefore, he had to ensure that a system to
restructure the group existed without which he could not carry out his intent. So, he wanted to
reposition the entire top management, to let the new vision percolate down to the parts of the empire
which were running independently. Rata Tata believed that a change in leadership style was required
as everyone was going off in their own direction under JRD Tata. J.J Irani, MD, Tata Steel
commented that in the present competitive environment, business strategies have to clearly defined,
structure of the business groups have to be streamlines and downsizing of people should be done
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The Swot Analysis Of The Tata Group
As one of the most representative corporate player of the Indian economy, Tata group is a
multinational company headquartered in Mumbai. It was founded by Jamsetji Tata in 1868 and
nowadays comprises over 100 independent operation companies by being active in more than 100
countries in all six continents. The revenue of the Tata companies together was 108.78 bn in 2014–
2015 with over 600'000 employees. Tata group companies have achieved global leadership in their
business, e.g. Tata Communications, which is the first international wholesale voice provider (Tata
2015a). In order to keep the high ethical standards, Mr. Ratan Tata crafted a Code of Conduct in
1998. It constantly changes to align with the environment and guides the employees in doing
business. The Corporate Governance is now depicted for the whole Tata group. In order to gain
better insights in a possible collaborator or competitor to Swiss firms, the analysis then focuses on
Tata Consulting, which works in the areas of consulting, services, IT services and business
solutions. Tata Consulting is the largest IT software and services firm in India and the second one in
the world with a revenue of about 15.5bn (TCS 2015a).
Corporate Governance
A ... Show more content on Helpwriting.net ...
The overall strategy can be depicted from the core values and ideas of the Tata group. These values
are integrity, understanding, excellence, unity and responsibility. In an interview by the economist
Mr. Chandrasekaran, the CEO of TCS mentioned that the strategy is simple and client–focused
(Mendonca 2014). Trust and partnership are key to the strategy of TCS. The statement on the
Homepage of TCS further underlines it: "We ensure the highest levels of certainty and satisfaction
through a deep–set commitment to our clients, comprehensive industry expertise and a global
network of innovation and delivery centers" (TCS
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Social Media Definition Essay
Definition The term social media define the attribution to the fact that it relates to the technology
and platform to allow interactive web's creation, collaboration and exchange of comments of the
participants and public. Social media in today's context changes the way of communicating between
many users: business executives, individuals, as well as the public. Facebook, Twitter, Blogs and
Youtube are examples of various user–driven (inbound marketing) channels that are widely used
presently. Define a Multinational Corporation A multinational Corporation is an enterprise company
(sometimes referred as transnational corporation) that operate in several countries but managed from
(home) country. Such companies have offices or factories in ... Show more content on
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With the new online platforms, the brand stood out and work best from its contemporaries and also,
this help to ease the communication and information sharing in a positive manner. Having known
that, it is never easy to address all problems in such a large scale corporation but without
consumers/customers query there would be a possibility in losing business opportunities as every
problem that had raise is a chance given to the company to showcase their customer support. In
addition, having facebook platform as a form of communication, consumers need not worry about
the efficiency and the cost of conveying the messages through mails as it is FOC and is providing a
personalized service. Branding Loyalty and improving marketing through the use of facebook With
the social media assistances, Tata able to bring communication to a brand new level as majority of
the product or services can be convey through the media platform. Webpage also can be created in
the facebook website, with the help of social media platform; browser will lead to 'like' selection to
comment on their opinion on the marketing method. As an organisational point of view, cost saving
for the company is important, through the use of social media, advertising costs are reduced.
Company would just need to flash out their new products through facebook. In a short period, many
browsers/online consumers would be expected to view this in web page. In encouraging more
supporters, online viewers, Tata can
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Tata Group And Their Relative Global Industry...
1. Describe the Tata Group's major subsidiaries and their relative global industry competitiveness.
Tata group is an international venture having based in India. It has 106 running company, with
businesses inside above 100 countries all more than 6 continents, offering products to many markets
all over the world and also services to more than 150 countries. In the year 2009, Tata group was
positioned number eleven amongst the best globally operating companies (Kneale, 2009). Tata
Group's major subsidiaries and global industry competitiveness a top of the line corporate
citizenship has been a segment of the group's DNA as a worldwide competitive strategy. An extent
of around sixty–one percent of the shares of the group is involved by benevolent trusts, in this
manner reestablishing wealth to individuals. Because of this extraordinary ownership creation and
reasoning of helping the general public, the name of Tata has been cherished for more than 142
years.
Tata is confided for its recognition to strong values together with business ethics. Every single Tata
company is run independently and has its individual BOD and in addition shareholders with whom
it is responsible. There are more than thirty Tata publicly–listed subsidiaries. These subsidiaries
possess an aggregate marketplace capitalization of around $152 billion and in addition the investor
base of around 62 million (ET Bureau, 2011). Tata Group's major subsidiaries are:
 Tata Steel(TS),
 Tata Motors(TM),
 Tata
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The Tata Group: Business Overview
Background The Tata Group founded its roots in Indian history almost a hundred years prior to its
independence from England. It was established in 1868 as a trading firm by Jamsetji Tata in
Bombay. (Tata, 2012). A single textile mill marked the journey of business prosperity for the Tata
generations in 1874 during the time of the British Raj. Even till today, the Parsi group has always
retained ownership. With its ancestral roots in the Zoroastrian community, Tata Group has been the
creator of entire industries in India. Before the arrival of independence in the Indian realm, the Tata
brand was synonymous to being a pioneer across a spectrum of versatile and diverse market
segments. From the first luxury hotel (1903), first airline (1932), the first private steel company
(1907), and the first national software entity (1968), the Tata name is one revered in Indian society.
Through the formation of its two promoter companies, Tata Sons and Tata Industries; it aimed to
give back to society and make charitable contributions. (Crainer, 2010). The founder of the Tata
business group had had a vision. He had a dream where a sanctuary was available for the average
Indian to come and stimulate his mind through the magic of science. Jamsetji Tata wanted to create
a haven of education where Indians could explore their potential. Seven years after his death, the
Indian Institute for Science in Bangalore was incorporated in 1911. This would be the first amongst
a faction of learning
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Tata Case
1. Which, if any, of the following initiatives undertaken by Ratan Tata do you think were good
ideas? a) Creation of a Group Brand b) Building of equity interlocks among the Tata companies c)
Sale of a part of Tata Industries Limited to the Hong Kong–based Jardine Matheson group d)
Revitalisation of Tata Administrative Services 2. What do you think of some critics' opinion that
Ratan Tata was moving the group of companies in exactly the opposite direction from where it
should be going? The Indian economy following the 1991 crisis swiftly moved away from central
planning economy towards market–based economy with the government having less intervention
and control. As a result, companies were operating in what is called emerging ... Show more content
on Helpwriting.net ...
 Benefiting from advertising the group identity and brand image rather than products/services of
each group.  Attracting foreign capital (Indian government encouraged foreign investment) for
new ventures. Foreign investors feel more comfortable working with a reputable party. Appendix 7
provides evidence of this (e.g. ventures with IBM, AT&T, Bell Canada).  Establishing a code of
conduct to ensure quality and ethical business practices.  Reducing chances of internal competition
(e.g. ACC, Tisco and Tata Chemicals). There were certain competitive threats due to opening up the
Indian economy. One brand, instead of many, will create a strong equity that will benefit all Tata
companies to fight competitors entering Indian market. 1. b) Having equity interlocks among the
Tata companies have a number of potential benefits including:  Creating common identity and
aligning companies with the group's objectives  Tata Sons having better control across the whole
group  Having ability to use resources across more effectively (transfer of human capital, utilising
group's plants, facilities and services) that would lead to creating various synergies and benefit from
economies of scope.  Ability to raise capital internally. This is important in case of a hostile
takeover. Many promoters have been increasing company holdings. Investors with at least 26%
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International Management Essay
BACHELOR OF COMMERCE
INTERNATIONAL MANAGEMENT
WRITTEN CASE ANALYSIS REPORT:
The Last Rajah: Ratan Tata and Tata's Global Expansion
Declaration:
Except where I have indicated, the work I am submitting in this assignment is my own work and has
not been submitted for assessment in another course.
CONTENTS
Page
Executive Summary 4
1. Introduction 5
2. Source Problems 6
3. Secondary Problems 6
3.1 Long term 6
3.1.1 Diversification of investments and businesses 6
3.1.2 The continuation of operation of Corus mills 6
3.1.3 Sustainability of its business versus sustainability of its corporate social responsibility during
economy slow–down 7
3.1.4 Management control in Tata Group 7
4. ... Show more content on Helpwriting.net ...
Another challenge is to formulate strategies for over 100 companies in more than 80 countries.
Besides this, another problem of Tata Group is the high involvement of Ratan Tata, who is the chief
steward of the group of nine senior executives sitting on the boards of the Tata companies, in both
the negotiations of major deals and the details of his auto–making, telecom or steel businesses
(Luthans and Doh 2009). The next challenge for Tata is on how to absorb the struggling Corus mills.
Other challenges for the future include deciding on which businesses to spin–off and which to
pursue, what will happen to the conglomerate during an economy slow–down. The most challenge
issue for Tata Group perhaps would be to fill the void left behind by the energetic and visionary Mr
Ratan Tata – Chairman of the Tata Group, when he retire (Koontz and Weihrich 2010).
3. Secondary Problems
3.1 Long term
3.1.1 Diversification of investments and businesses
From the case study, it is evident that a major problem for Tata Group is its diversification of its
investments and businesses over so many different countries. The group is subjected inevitably to
the different market situations and the culture of each individual market.
3.1.2 The continuation of operation of Corus mills
Another long–term problem for Tata Group is whether they should continue operating the struggling
Corus mills. As
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Business Analysis Of Tata Group
1) Source Problem
Core problem which Tata Group faces are constant attraction and recruitment of talented individual
to build up its network of companies, which will then be capable of flourishing in the current
economy. According to Tata Steel's head of human resource Suresh Tripathy, 17% of their senior
leaders are due to retire in the next few years' The challenges of increased demand in a constrained
supply situation are therefore compounded (Mandavia 2014).
Tata Group prides itself on its cultures and corporate social responsibility (CSR). New or old
companies that are either acquired or through mergers will continue to abide to the code of conduct
and ensure that ethical business practices are carried on, even after the departure of Ratan Tata.
2) Secondary Problem
2.1) Mergers and ... Show more content on Helpwriting.net ...
Tata Nano being price at roughly $2500, is 1/19 the price of the cheapest Jaguar, XF base model. US
dealer's worries that Jaguar and Land rover would suffer devaluation in brand name if they were
Indian– owned (Timmons 2007). A combination of luxurious and cheap product might seem like an
unlikely business model to many.
However, Tata Group a conglomerate company is full of similar contradiction (Dealbook 2007). An
example would be Taj Hotels; one night stay in the luxury suite of Taj Mahal Palace would cost
around $2795.
Currently Tata Group is involve in building a cheap no–frills hotel, with rates as low as $37.00 per
night for a double room (Timmons 2007).
4) Criteria of Evaluation
Having strong business excellence movement is critical in helping Tata Group grow and presenting
themselves on the global market (Tata Sons Ltd 2014). Quantitative goals such as business's
profitability should be put in place thereby allowing them to keep note of their business
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Tata Case Study
CASE STUDY– I TATA CODE OF CONDUCT The fountainhead of the corporate governance of
the Tata Power Company is the Tata Code of Conduct. The Company is committed to abide by it, in
its letter and spirit. And the Company has earned the Tata Brand name by virtue of this commitment.
It draws its strength from the five Tata values: Integrity Understanding Excellence Unity
Responsibility In Tata parlance they stand for – Integrity We must conduct our business fairly, with
honesty and transparency. Everything we do must stand the test of public scrutiny. Understanding
We must be caring, showing respect, compassion and humanity for our colleagues and customers
around the world, and always working for the benefit ... Show more content on Helpwriting.net ...
A wheel–chair worker at Tata 5. GIFTS AND DONATIONS A Tata company and its employees
shall neither receive nor offer or make, directly or indirectly, any illegal payments, remuneration,
gifts, donations or comparable benefits which are intended to or perceived to obtain business or
uncompetitive favours for the conduct of its business. However, a Tata company and its employees
may accept and offer nominal gifts, which are customarily given and are of a commemorative
nature, for special events. 6. GOVERNMENT AGENCIES A Tata company and its employees shall
not offer or give any company funds or property as donation to any government agencies or their
representatives, directly or through intermediaries, in order to obtain any favourable performance of
official duties. 7. POLITICAL NON–ALIGNMENT A Tata company shall be committed to and
support a functioning democratic constitution and system with a transparent and fair electoral
system in India. A Tata company shall not support, directly or indirectly, any specific political party
or candidate for political office. The company shall not offer or give any company funds or property
as donations, directly or indirectly, to any specific political party, candidate or campaign. 8.
HEALTH, SAFETY AND ENVIRONMENT A Tata company shall strive to provide a safe and
healthy working environment
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Essay On Tata Steel Limited
INTRODUCTION
The organization that is chosen for this assignment is Tata Steel Limited. Tata Steel Limited is a
supplementary organization of Tata Group which headquarters in Mumbai, India. Tata Steel Limited
specializes in steel making globally. The Tata Steel Limited was founded by Dorabji Tata in 25th
August 1907. The organization had been in operation over hundred years since it been firstly
founded.
Moreover The Tata Steel Limited currently ranked not only as the one of the top twenty steel
production organizations worldwide but also as the second largest private sector steel organization
in India. The Tata Steel Limited has production plants in 26 countries around the globe that includes
Australia, China, India, Netherlands, Singapore ... Show more content on Helpwriting.net ...
Thus, the organization signed a MoU with the Vietnam Steel Corp and Vietnam Cement Industries
in 2007 to develop a steel plant in Ha Tinh as a step to fulfill their venture plan. However, there was
no progression in the venturing process took place in past few years. According to Amruta
Karambelkar (2011), the delay in the development of the steel plant was caused by few reasons. One
of the main reasons was absence of investment license by The Tata Steel Limited. Furthermore, the
land clearance cost for the steel plant was payable by the investor which was not expected since the
investor was expecting the cost to be supported by the Vietnam Government but refused due to
constraints. The reason for the conflict to occur is due to differential treatment whereby project site
was given to the Taiwanese
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Mumbai And Its Impact On The West Coast Of India
Mumbai or otherwise known as Bombay, originally began as a grouping of seven individual islands
in the west coast of India. As a result of the British East India Company's trading actions during the
later part of the 17th century, the small port town began to develop. As time and enlargement of the
city progressed over the course of the following two centuries, the seven islands were
interconnected through large–scale engineering practices that included the addition of causeways
and seawalls. These efforts over the course of the next sixty years through land reclamation, created
a single land expanse. Once the seven islands became a physically unified area, progression went
onward through to the later part of the nineteenth century ... Show more content on Helpwriting.net
...
This extensive use of temporary labor was not commonly associated with the manufacturing
industry. With the skill that is required to use many of the multifaceted machinery commonly
associated with large–scale manufacturing, it is generally in good practice to train the labor strength
to secure a permanent work force. However in Mumbai this ideal was never achieved. As a
supplement to the high cost of the machinery, non–skilled labor allowed the owners to fluctuate their
levels of productivity based upon immediate demand.
However, had the mill–owners concentrated in particular positions of production, the temperamental
effects of trade fluxes in the industry would have been less of a problem when comparing
production output to foreign rivals. Despite this rather apparent issue, Mumbai's economic
environment as a whole maintained to flourish. Throughout the pioneer period, the city's textile
industry was profoundly contingent upon the import of overseas machinery. This among other
factors could not create an atmosphere for a stable foundation of development. However hundreds
of years later, in the middle of the 20th century, the state adopted a more positive approach and
acknowledged the risks that Indian capitalists refused to take responsibility of.
In 1939, Fred Stones, the director Sasson group: a collection of textile mills within the city stated
that there was a sizable opportunity for the manufacture of textile machinery in India
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Tata Steel Group, Their Ecological And Health Hazards
Dynamic
The reason for this study is to highlight on the basic parts of any business, breaking down the three
distinct parts of Tata steel Group, their ecological and Health hazards, their Business Ethics, their
employment and destinations security lastly their staff wellbeing. Tata attempted to employ an outer
organization to convey and cover the three dangers at their destinations and the outcome was
promising to the point that the organization is having now a more streamlined, yet greatly expert and
hearty, security arrangement set up and things are solid for the future crosswise over Europe.
Presentation
Tata Steel is the second biggest steel maker in Europe and has its principle steelmaking plants in the
UK and Holland. It supplies steel and related administrations to significant commercial enterprises,
for example, development, vehicle generation and bundling. The European operations are a backup
of Tata Steel Group, one of the world 's main ten steel makers. The consolidated Group has around
80,000 workers. (http://www.referenceforbusiness.com/administration/Log–Mar/Management–
Functions.html)
The Tata Steel Group is one of the world 's most topographically differentiated steel makers, with
operations in 26 nations and business workplaces in
more than 50 nations. The Group serves various and requesting markets
around the world, including car, development, vitality and power, lifting and
exhuming, rail, bundling, aviation, safeguard and security and
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Do Mergers Add Value to Business
Academic Practice for Business CONTENTS Introduction Definition of Mergers Merging
Intelligently Steps for Merger Success Reasons for Failure in Mergers Analysis TATA group the
market Pioneers Tata Steel Tata Teleservices Do Mergers add value to business? Introduction In a
times where there is cut throat competition for even the biggies, organizations who have been
playing since many decades and the rulers of economy it became a concern for them for how to
survive? Here in cropped up the Idea of MERGERS. Well, whether a Merger adds value to business
cannot be answered in a yes or a No. This depends on what kind of a Merger that is. The following
essay will comprise of some successes as well as mergers ... Show more content on Helpwriting.net
...
It could be A) Unfocused approach or demotivated employees B) Not enough funds C) Cultural
differences D) Disregard of the main business Point A implies that a lot times a Merger is happening
for the sake of it as in just because it's a trend and it would bring the organization in the news. It
may happen not for a real Business cause but for having media attention. Here the Banking
institution or the Lawyer normally tries to be diplomatic and never corrects or advice their possible
clients in order for their own interests being served. Point B implies that a lot of time when the
organizations keep their finances as secrets or they hold it onto the last minute to open up about their
finances it is sometimes too late by then. Point C says clearly that two different geographical
locations or different cultures could pose problems within the managements and operation style.
Point D reflects that a lot of times when there are more than required post–merger meetings,
concentrating on excessive cost cutting, or social gatherings more than what is required, it happens
that the employee starts to loose onto interest. It could even be when the revenues are much less
than what's expected that the motivation of the employee sways away. (http://books.google.co.uk)
(Senese,James A.) 2007 ( Managing Post–Merger Corporate cultue: A case study of two mergers in
the...)
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Ratan Tata: Leading the Tata Group Into the 21st Century...
Ratan Tata: Leading the Tata Group into the 21st Century
1. The Tata Group has been transformed from a risk–averse, slow–moving giant into a more
dynamic and aggressive conglomerate. How much of such a transformation can be attributed to one
individual? Discuss the role of the leader in initiating and managing change.
Answer
The Tata Group transformation can be greatly attributed to the vision and execution of Ratan Tata.
He was greatly responsible for the tremendous transformation because he was able to take his vision
for the group and transformed it into a reality. By enforcing a mandatory retirement age policy
which removed a lot of top management, who were challenging the core functions of the group and
hindering growth, Ratan ... Show more content on Helpwriting.net ...
2. The Tata Group had a presence in a wide range of businesses wince its early days. Later, rattan
Tat managed to streamline the Tata Group. What advantages and disadvantages did the group gain
through the streamlining of business? Do you think, as of 2009, the Group is still present in too
many businesses?
Answer
There were a total of 84 companies in several industries under the Tata Group in the early days.
With the vision of the new leader, he realized that there was a lot of irrelevant businesses in the
group that did not contributed much to the group's profits and as a result he streamed line and exited
a lot of the industries in which the group was not doing well, in order to accomplish his vision and
goal and make the group stronger. In my opinion, this was a good move as the benefits outnumbered
the disadvantages. The stream lining made it possible for the group to manage the companies easier.
In addition, they were able to cut costs by having a smaller workforce and fewer overheads.
Importantly, they improved productivity in the group by eliminating some unnecessary ventures and
focusing more resources in certain areas, thus improving revenue. Finally, they were able to gain
profits from the sale of some companies. On the other hand however, this stream lining caused many
individuals to lose their jobs, resulting in a lot of homes having decreased incomes. There were also
a lot of
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Case Study On Tata Consultancy Services
About Tata Consultancy Services: The Tata group's core purpose is to improve the quality of life of
the communities it serves globally, through long–term stakeholder value creation.Founded by
Jamsetji Tata in 1868, the Tata group is a global enterprise headquartered in India, and comprises
over 100 operating companies in seven business sectors: communications and information
technology, engineering, materials, services, energy, consumer products and chemicals. Tata
companies have operations in more than 100 countries across six continents, and export products
and services to over 150 countries. The revenue of Tata companies, taken together, was $96.79
billion (around Rs527, 047 Crore) in 2012–13, with 62.7 percent of this coming from businesses
outside India. Tata companies employ over 540,000 people worldwide.Good corporate ... Show
more content on Helpwriting.net ...
There are 32 publicly–listed Tata enterprises and they have a combined market capitalization of
about $122.34 billion (as on May 22, 2014), and a shareholder base of 3.9 million. Tata companies
with significant scale include Tata Steel, Tata Motors, Tata Consultancy Services (TCS), Tata Power,
Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Indian
Hotels.Many Tata companies have achieved global leadership in their businesses. For instance, Tata
Communications is the world's largest wholesale voice carrier and Tata Motors is among the top five
commercial vehicle manufacturers in the world. Tata Steel is among the top 10 best steelmakers and
TCS is amongst the top 10 global IT services companies. Tata Global Beverages is the second–
largest player in tea in the world and Tata Chemicals is the world's second–largest manufacturer of
soda ash. Employing a diverse workforce in their operations, Tata companies have made significant
local investments in different
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What Is My Inspiration Essay
Inspiration doesn't mean trying to impersonate your idol. It means that they have left an impact on
your life that has moved you so much that you make it your quest to pass on that impact to others, so
that they are inspired to do the same. The cycle will go on forever. I have been inspired by number
of people ranging from members of my family, friends, to great personalities who obviously do not
know of my existence on this planet! Some of them are so influential that their motivation and
determination will enable me to reach greater heights. A few inspire me to do better in anticipation
that I will make them proud. In all this, there has been a special personality who has helped me to
perceive the brighter side of striving to achieve excellence.
Jamsetji Tata, a visionary, a seer, a man of action who single–handedly built a flourishing empire till
date. What was so different about Jamsetji? What made him the recurring topic of many minds?
What could have been the secret that allowed him to build a dynasty?
I would ... Show more content on Helpwriting.net ...
Leaders must always be humble and be grateful to the ones that have helped them along their way to
success. Great leaders should be more like Jamsetji Tata because then, they too will have a vision
that will benefit not only themselves but also the citizens of this country.
Money is not a matter of heart; it is a matter of the mind. If you have the will power, you can live
without craving for money. This is what I would like the leaders of today to incorporate into their
lives. This is the main reason Jamsetji thrived. He did not care about the size of his wallet at the end
of his day. He only cared about whether or not he did something for the citizens of the nation.
I wouldn't be wrong if I said that without his vision that was the cornerstone of the Tata group,
Munnar would never be what it is
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Ratan Tata: Leading the Tata Group Into the 21st Century
1) The Tata Group has been transformed from a risk averse, slow moving giant into a more dynamic
and aggressive conglomerate. How much of such a transformation can be attributed to one
individual? Discuss the role of the leader in initiating and managing change.
2) The Tata Group had a presence in a wide range of businesses since it's early days. Later, Ratan
Tata managed to streamline the Tata Group . What advantages and disadvantages did the group gain
through streamlining of business? Do you think as of 2009 the Group is still present in to many
businesses?
3) The Tata Group has acquired many companies in the last few years. Critically discuss the benefits
and risks associated with Ratan Tata's growth through acquisition strategy ... Show more content on
Helpwriting.net ...
Discuss the role of the leader in initiating and managing change.
17) The Tata Group had a presence in a wide range of businesses since it's early days. Later, Ratan
Tata managed to streamline the Tata Group . What advantages and disadvantages did the group gain
through streamlining of business? Do you think as of 2009 the Group is still present in to many
businesses?
18) The Tata Group has acquired many companies in the last few years. Critically discuss the
benefits and risks associated with Ratan Tata's growth through acquisition strategy especially in the
global context.
19) The Tata Group has been transformed from a risk averse, slow moving giant into a more
dynamic and aggressive conglomerate. How much of such a transformation can be attributed to one
individual? Discuss the role of the leader in initiating and managing change.
20) The Tata Group had a presence in a wide range of businesses since it's early days. Later, Ratan
Tata managed to streamline the Tata Group . What advantages and disadvantages did the group gain
through streamlining of business? Do you think as of 2009 the Group is still present in to many
businesses?
21) The Tata Group has acquired many companies in the last few years. Critically discuss the
benefits and risks associated with Ratan Tata's growth through acquisition strategy especially in the
global context.
22) The Tata Group has been transformed from a risk averse, slow moving giant into a more
dynamic and aggressive
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Case Analysis Of Ratan Tata
Module: International Management (BUS 323)
Name: Adrienne Tan Hui Ling
Student Number: 32489994
Written Case Analysis Report:
The Last Rajah:
Ratan Tata and Tata's Global Expansion Table of Contents
1. Source Problem 3
2. Secondary and Current problems 3
3. Analysis/Elaboration of the 3 current secondary problems, and the company's resolutions of the 3
problems. 5
4. Criteria of Evaluation 8
5. Alteration of strategies 9
6. Justification of recommendations 11
7. Implementation 12
8. List of References 13
1. Source Problem
Diversification of businesses is a strategy adopted by many domestic and international
organizations, with the goal of enlarging market share and exerting market dominance, and
ultimately churning increasing business revenue. Chairman of the Tata Group of businesses, ...
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Specializing in auto–mobiles, Tata started losing focus on its niche and went on to acquire new
businesses in completely different industries massively. This included plans to invest $28 billion in
steel, autos, telecom, power, chemicals, and more. Unfortunately, the lack of central strategy
resulted in investments on the wrong industries, such as the Tata Teleservices (TTSL), a mobile
telephony business. It yielded the worse negative margins amongst the whole of Tata Group's
businesses (Pannu, Singh, 2013 ). Another separate industry has it that Tata Steel was loaded with
$7.4billion of liability for the acquisition of Corus. On its core auto–mobile business, Tata Motors
now owned the American high–end Jaguar and Land Rover (PTI, 2015), which requires its attention
to bring the brands back to heights when they were once owned by Ford Motors. Central strategy is
crucial for the allocation of resources at the right time to right
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House of Tata
HOUSE OF TATA
The Business
Agricultural Products
Base Metals
Non–Metallic Mineral Products
Chemicals
Construction & Allied Activities
Electrical and Non–Electrical Machinery
Electricity & Non–Conventional Energy
Electronics
Services
Shipping & Exports
Hotels
Financial
Drilling
Real Estate
Other
Watches
Pulp & Paper Press
Engineering & Locomotive
Vertically integrated
Focus in domestic market (India)
Resources
Financial Capital
Managerial Expertise
Business Network
Established brand
Structures, Systems & Processes
Corporate communication
Weekly cross–company director's meetings
Autonomous business unit operations
Uniform Policies across the Tata Group
SBU's annual contribution system ... Show more content on Helpwriting.net ...
TAS was developed as a group resource with MBA participants mobile among group companies.
2.What do you think of some critics' opinion that Ratan Tata was moving the group of companies in
exactly the opposite direction from where it should be going?
I do not agree with the critics opinion that Ratan Tata was moving the group of companies in the
opposite direction from where it should be going for the following reasons:
The group's flagship companies Telco and Tisco which had dropped 77% &41% (FY94& FY95)in
earnings were showing an increase in earnings, under Ratan's leadership.
Ratan promoted through TIL in mid 1980's and mid 1990's a total of 20 solo and joint ventures with
combined sales of Rs.7.5billion as in (FY 96)whilst maintaining a 25 to 50% share and controlling
interest.
Ratan was responsible for creating a stronger and collective identity by promoting a unified Tata
brand for all companies subscribing to the
Tata Brand Equity scheme. This gave the group the advantage of opportunities and ward off
competitive threats.
Ratan used the fee money from the brand equity scheme to build a national and international group
brand image with a set of core values and ethics
Ratan restructured the group in 1993 by selling the loss making Tata oil mills.
Ratan promoted TAS as a 'premium
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Business Ethics : Tata Steel Group
Abstract
The purpose of this study is to highlight on the different
Introduction
Tata Steel is the second largest steel producer in Europe and has its main steelmaking plants in the
UK and Holland. It supplies steel and related services to major industries, such as construction,
vehicle production and packaging. The European operations are a subsidiary of Tata Steel Group,
one of the world's top ten steel producers. The combined Group has around 80,000 employees.
Ethics in business
Business ethics
Business ethics means 'taking the right course'. Acting ethically takes into account all the factors of
doing business. These include production, business processes, and the company's behaviour with its
customers and the communities in which it operates. It is about doing the right thing in everything
the company does.
A commitment to environmentally–sound practices is part of many businesses' commitment to act
responsibly. Social responsibility refers to an organisation's obligations to maximise its long–term
positive impacts and minimise its negative impacts on society. For Tata Steel, it is a core part of its
vision to be 'the global steel industry benchmark for value creation and corporate citizenship.'
Tata Steel is committed to tackling the challenges of sustainability. This means that it takes its
responsibility towards both the environment and its communities seriously, balancing these against
the need to make a profit. It has put systems in place to meet
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House of Tata
The Tata Group
Managing a Conglomerate in an Emerging Market
Environmental Analysis
In 1991 the Indian government introduced a series of drastic reforms, liberalizing its government
owned and controlled economy. Product expansion and new market entry became easier for
companies in virtually every sector of the economy. This presented Tata with many opportunities to
leverage its strong brand equity and financial resources to enter new markets and industries. The
strong brand image gave it a tremendous advantage over competitors in a variety of industries.
However, the government reforms also lowered barriers to entry and increased competition in all of
Tata's industries. Foreign ... Show more content on Helpwriting.net ...
Perhaps the most significant is the strength of the Tata name. Tata Sons owns the name and
trademark, which are registered in India and around the world. The Tata name is symbolic of India 's
industrialization and innovation. The company's entrepreneurial spirit has driven much of its growth,
and has facilitated successful ventures into growing industries such as high technology,
biotechnology, and alternative energy. The group's companies all operated under a common
corporate culture characterized by independence, entrepreneurship, and ethics. The strong brand
name, entrepreneurial spirit, and corporate culture have helped to unify this large and disparate
group of companies under the
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Tata Group : A Global Leader Player
The late Jamsetiji Tata who holds nearly 100 companies with 300 subsidiaries in 40 businesses
founded Tata Group. Ratan Tata who is handling all the main contracts and has been heavily
investing to shape Tata Group into a global leader player. The groups comprise seven business
segments specifically: engineering, materials, communications and information technology,
services, energy, consumer products and chemicals. Each company and subsidiaries functions
individually and are bound by Tata Sons and Tata industries where Ratan Tata and few others
provide strategic vision, governing the Tata brand and to contribute a share on big deal.
From the case study, several challenges are observed; Tata group will face with its widespread
divergence ... Show more content on Helpwriting.net ...
Critical factors like overseeing the operations in international locations and with variations in the
local regulations. Tata will faces problem in understanding the country's background and the
working nature of the country. (Luthan and Doh, 2009)
Ratan Tata strongly emphasize on corporate social responsibility, he exhausted substantial sum of
money to grow Jamshedpur, the home based of Tata Group and other rural–development projects.
However, in the event of an economy slow–down, the Tata firm will have to weigh the importance
and decide whether to sustain its businesses or to fulfill this culture. Moreover, Tata already has a
liability of $7.4 billion in its accounts.
As the case studies says, Ratan Tata is the chief steward handling all the main contracts himself and
is vastly involved in the details of his businesses. He is also the main decision maker for most of the
Tata group's main contracts.
The fact that Ratan Tata is unmarried and doesn't have a children, it was even tougher of who to take
over his positon, there wasn't a suitable candidate to be the next successor. (Luthans and Doh, 2009)
With the acquirement of Corus Mills of $13 billion, it also means that Tata group is taking the debt
of $7.4 billion and which in turn poses as a challenge. And with Corus' high operational cost, it will
wane the profit margin of Tata Steels.
The bidding of Jaguar and Land Rover will be a huge jump
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Job Design and Employees Motivation
All in a day's work Employee empowerment is the latest buzzword in business and a variety of Tata
companies are working overtime to place their people in the driver's seat The crowd holds its
collective breath as Pakistan speedster Shoaib Akhtar prepares to strike. But the batsman, B
Muthuraman, is unperturbed. The delivery is sent flying into the stands. The cheers get louder as the
Tata Steel managing director raises his bat in triumph. Not real life, but an inspirational film. "It's a
part of our Vision 2007 campaign," explains Niroop Mahanty, vice president (HRM), Tata Steel.
Adds BN Sarangi, chief, HR/IR, Tata Steel, "The idea was to motivate employees to accomplish the
impossible, like hit a six off Shoaib Akhtar." Or ... Show more content on Helpwriting.net ...
This is one of the key elements of the company's Stars, or Special Thanks and Recognition Systems
programme. Since its launch three years ago, the globally acclaimed model has triggered soaring
employee satisfaction scores, besides numerous employee suggestions and innovations, many of
which are best practices today. "Whether it's an indigenously manufactured bathroom mat or a new
chemical for the laundry, every idea is big and shared across the hotel chain," says Mr Martyris. "It
has shattered the myth that only people at the top are creatively inclined." There is a huge reservoir
of innovation waiting to be tapped among all levels of employees. The success of the earlier
programme led Indian Hotels to introduce 'Stars Plus', a spin–off for its service providers, and 'Joy
at the Workplace', which is aimed at team building and bringing cheer to the office. From
celebrating birthdays to organising cricket matches between the various Taj properties, the objective
is to keep employees motivated. Instead of major initiatives, HR is engaging in small but innovative
activities which might appear mundane but make the employee feel at home while at work. The
human factor HR has also discovered the lost art of listening. Employee satisfaction surveys and
primary mood reflectors within the organisation have become sacred. This helps in
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Corporate Social And Moral Statement: Why Tata Sons?
Why TATA Sons?
It is often said that Corporate Social Responsibility in Indian context can be traced back to the
founder of Tata Group, Jamsetji Tata. The Tata group have been doing Corporate Social
Responsibility from as early as 1892. Mr. J N Tata believed that the community was not just another
stakeholder in business, but was the sole reason for its existence. The importance given to CSR
activities were not just limited to JN Tata. In fact all his successors have believed in giving back to
society and have created an awareness regarding its importance. The guiding mission of the Tata
Group was stated by JRD Tata when he said these golden words, "No achievement is worthwhile
unless it serves the needs of the country and its people. Ratan ... Show more content on
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The implementation of CSR policy is reviewed and monitored by a multi tired governance
mechanism which comprises of:
I. CSR committee of the Board
II. Apex CSR Steering committee, chaired by Managing Director
III. CSR Advisory Council, comprising eminent experts from academic and development fields
The company's CSR activities revolves around six guiding principles. They are:
1. Impact: All the CSR initiatives have well defined Key Performance Indicators to measure their
impacts on the focus groups. The high impact initiatives are assessed by independent parties
2. Partnerships: The company believes in collaborations with business partners, other Tata firms,
Tata trusts and government organisations to multiply CSR activities
3. Affirmative Action: They have designed targeted programs for the Scheduled castes and
Scheduled Tribes communities to preserve the cultural fabric and promote their well–being.
4. Volunteerism: Tata Steel is committed to provide opportunities to its employees and their families
to engage in volunteering activities that will benefit the society at large
5. Communication: Company has a two–way communication channel to map the needs,
expectations and aspirations of the
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Swot Analysis Of Tata
COMPANY PROFILE:
TATA GROUP:
Tata group which was founded by Jamsetji Tata in 1868 comprises more than 100 operating
companies in various seven sectors like communication and IT, services, material, engineering,
energy, chemicals and consumer products. The group operates in more than 80 countries and its
exports in count for more than 85 countries, operating across six continents.
Being an Indian conglomerate holding company with its headquarter in Mumbai, Maharashtra..
Tata's have 30 publicly– listed enterprises with a market capitalization of approximate $134 billion.
And it has its own respect for its values and business ethics since from 1868, that is for more than
148 years. TITAN COMPANY:
The Indian based Titan company limited has engaged itself in watch manufacturing of its own
brand. Titan's primary segment consist of watches followed by jewelry and others.
Titans secondary segment consist of eye wear, machine building, precision engineering and
accessories. In addition to this it also provides Tanishq which is a jewelry brand.
Titan brought a great revolution in India with its Indian watch market after it introduced quartz
technology, with a international styling. Titan company limited is ranked as ... Show more content
on Helpwriting.net ...
They formed a joint venture with Timex Group, that lasted until 1998. This was to have a
distribution network across country. The success of Titan began long back in 1984 with a joint
venture between Tata group and the TIDCO i.e., Tamil Nadu Industrial Development Corporation.
The company has various divisions namely watches and accessories, eyewear, jewelry, precision
engineering, fragrances. Hosur, Tamil Nadu is the largest manufacturing unit. It also has
manufacturing unit in Dehradun, Pantnagar in Uttaranchal, Roorkee and in Goa an Electro Circuit
Boards plant. This has 1100 retail stores surrounding 1.5 million sq.feet. It also has 740 after sales
service
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Leadership Paper On Ratan Tata
UNIVERSITY ID # 13892116
LEADERSHIP PAPER ON MR. RATAN TATA
RATAN TATA
A standout amongst the most well–known and regarded industrialists in India, Ratan Tata (Ratan
Naval Tata), is the Chairman of the Tata Group which is situated in India and containing 98 working
organizations spread across 56 countries in six continents. Ratan Tata, born on December 28, 1937
to Soonoo and Naval Hormusji Tata and is the great grandson of Jamsedji Tata founder of Tata
group. Rattan's childhood was troubled, his parents separated in the mid–1940 and Ratan and his
brother were raised by their grandmother. He learned at the Campion School in Mumbai and at 15
years of age, he moved to the United States for further studies. He finished his graduation from
Cornell University with a degree in Architecture and Structural Engineering in 1962 and briefly
worked with Jones and Emmons in Los Angeles. He was offered a position at IBM, which he turned
down on the advice of JRD Tata. He finished the Advanced Management Program at Harvard
Business School in 197510. Left to him, Ratan Tata would most likely have stayed on in the United
States in the wake of preparing as a draftsman at Cornell University. However the child of appointee
gathering director Naval Tata and the nephew of JRD Tata couldn 't be permitted to work outside the
gathering. In 1962, Ratan joined the family business, taking a shot at the Tata Steel shop floor at
Jamshedpur, working with
... Get more on HelpWriting.net ...
Market Capitalization Of Tata Companies: A Case Study
Figure 1: Market Capitalisation of of Tata Companies 25–Sep–2014 (Source:
http://www.tata.com/article/inside/Market–capitalisation–of–Tata–companies)
From a stagnant $12 billion dollar value in 2003 to a turnover of almost $139 billion company in
2014, the former chairman and brain behind the success, Mr Ratan N Tata and the current leader
Cyrus Mistry has succeeded bringing the Group to be one of the top global conglomerate in the
world.
However, the Group which consist of nearly 100 companies with 300 subsidiaries in 40 businesses
(i.e engineering, services, consumer goods and chemicals) globally requires critical effort and
constructive strategical approach to streamline the Group for a better and productive output of which
Ratan had personally admitted failed in doing so ... Show more content on Helpwriting.net ...
4. Criteria Evaluation
Figure 4 The key fundamental strategy to drive business excellence and opportunity which Tata
Group as a whole can apply to align with their mission and vision; the Balance Scorecard.
Originated from Dr Robert Kaplan of Harvard Business School and David Norton, it's a set of
measurement, allowing holistic incorporated view of business performance financially and
otherwise (International Review of Business Research Papers Volume 6 Number 4, 2010).
The scorecard consists of 4 components, Customer, Financial, Internal Business Process and
Learning and Growth (Balanced Scorecard Institute 1998 – 2004).
The new developments of projects and assets within Tata Group can maximise its capacity and
productivity against the volatile market.
5. Alternatives
At the helm of the company, Cyrus Mistry will be the decision maker to face the challengers and
review the alternatives measurements.
5.1 Short Term
i. Dynamic Ethics & Cultural
... Get more on HelpWriting.net ...
House Of Tata's Acquiring A Global Footprint
House of Tata's: Acquiring a Global Footprint
By
Section 3_Group–4 What is your assessment of the globalization strategies of the Tata group
operating companies, particularly,
Indian Hotels, Tata Tea, and Tata Steel?
Indian Hotels are the earliest among all other group companies to have been globalized its business.
Overall the company's preference was small equity positions with management contract for
international properties. They did not enjoy profit rather they faced losses from their acquired
properties outside the home country. So they divested and shifted to small equity with management
contract, primarily to gain profit and for globalization, for their hotel group of Tata
Globalization strategies of Tata group
... Get more on HelpWriting.net ...
Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY (CSR) is a term describing a company's obligation to
be accountable to all of its stakeholder in all its operation and activities. Socially responsible
companies consider the full scope of their impact on communities and the environment when
making decisions, balancing the needs of stakeholder with their need to make profit. A company's
stakeholders are all those who are influenced by and can influence a company's decisions and action,
both locally and globally. Business stakeholders include(but are not limited to) employees,
suppliers, customer, community organizations, subsidiaries and affiliates, joint venture partners,
local neighborhoods, investors, shareholders(or a sole owner in case it is sole ... Show more content
on Helpwriting.net ...
Some would argue that the only reason to take on social projects is for utilitarian reasons, such as
currying favor with the public or with government, or to improve market standing. Others, such as
the philosopher Michael E. Berumen, suggest that a business is property belonging to the owners,
not stakeholders, and that a business is not equivalent to a mini–state for the purpose of creating
social justice or carrying out social planning, and that the owners have the right to dispose of their
property as they see fit within the limits of morality, including for profit, social good, or both.
Proponents of CSR would suggest a number of reasons why self interested corporations, seeking to
solely to maximize profits are unable to advance the interests of society as a whole: Corporations
care little for the welfare of the workers, and given the opportunity will move production to
sweatshops in less well regulated countries. Unchecked, companies will squander scarce resources.
Companies do not pay the full costs of their impact. For example the costs of cleaning pollution
often fall on society in general. As a result profits of corporations are enhanced at the expense of
social or ecological welfare. Regulation is the best way to ensure that companies
... Get more on HelpWriting.net ...
Tata Group
Tata Group
Vishal Patel
Saint Leo University
Organizational Behaviour
MBA 530
Craig S. Cleveland
December 17, 2010
Tata Group Tata group of companies, it is said that there is Tata in every Indian's life directly or
indirectly. Tata group of companies is India's largest conglomerate. Tata group is made up of 90
operating companies in seven different industries which makes it India's largest conglomerate. Tata
group was founded by Jamsetji Tata in 1868. The founder of the Tata group was a visionary who
was a traveler and loved travelling around the world. Jamsetji Tata was born in a small town of
Navsari in Gujarat India. In his early working life, he worked with his dad in his banking firm. He
wanted to start a new ... Show more content on Helpwriting.net ...
JDR Tata was the chair man of Tata Group for fifty three years and during his leadership Tata Group
expanded in new industries. Under JRD Tata's leadership, the company from independence to 1990
despite stringent regulations and license raj was able to grow constantly and was able to start their
business in new areas. Tata started Tata Chemicals in the year 1939. Tata Motors and Tata Industries
in 1945, Voltas in 1954 which is manufacturing home appliance, Tata tea, which is one of the largest
tea company of the world was established under his leader ship, Tata Consultancy Services (TCS)
India's largest Information Technology company by market capitalization was established in the year
1968, and the Titan Industries in the year 1984 (Tata group, n.d.). JDR Tata steep down from the
position of being chair man of that group in 1991. Ratan N. Tata took over the position as the chair
person of the company and still a chair person of the company. Ratan Tata became the chair person
in the mist of new economic reforms in the country where government removed many restrictions.
The Indian government lifted many regulations to do business and started the end of the license raj.
New entry of international origination gave competition in many industries to the Tata group. Tata
group had new arena to do business in this newly freed market. Tata Group, one of the old and
strong business groups whose business has seen many rough time the company in
... Get more on HelpWriting.net ...

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Tata Motors Group

  • 1. Tata Motors Group TATA MOTORS Executive Summary Warren (2008) asserts that strategic management is a systematic approach to identification of environment of the company, need for change and then initiating the necessary change in the organization. The discipline of strategic management goes beyond the development of strategic plan for the organization and it includes pre planning and strategic planning processes. This report has analyzed the strategic management strategies of Tata Motors which is a part of Tata Group. The company is the largest automobile company in the India and is regarded as market leader in commercial vehicle segment (Tata Motors 2014a). The company is functioning in compact, midsize and utility vehicle segment. The report ... Show more content on Helpwriting.net ... As a part of internal environment analysis, I have undertaken SWOT analysis, core competence analysis and key factors of success analysis for Tata Motors: 3.1 SWOT analysis for Tata Motors 3.2 Core Competence Analysis for Tata Motors The core competence of Tata Motors lies in its expertise in production of commercial vehicles and good financial and human resources at its disposal which help it in introducing cost effective passenger cars in the market. The company has access to good research and development capabilities also which help it in manufacturing excellent products for the market. This core competence stands on the test offered by Hamel and Prahalad as it can help the company in entering into new market segments, satisfy the demands of existing customers and give good profits. 3.3 Key Factors to success for Tata Motors The key factors which can have a bearing on the success of Tata Motors 1. New innovations in design 2. Research and development 3. Good utilization of financial resources at its disposal 4. Good brand image in market The above key factors can be utilized by the management to optimize its performance for the future. 3.4 Financial resources analysis for Tata Motors The ... Get more on HelpWriting.net ...
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  • 5. Drawbacks Of Going International Essay 1. Discuss the advantages and drawbacks of going international using Tata Group's experiences. Based on Tata Group's experience, we can see the advantages and drawbacks of going international as follows: Advantages of going international; ① The first advantages of going international for Tata is to achieve benefits of economies of scale; Tata has more than 100 operating companies in seven main business groups doing business in 80 countries: chemicals, information systems and communications, consumer products, energy, engineering, materials, and services. Its two largest businesses are Tata Steel and Tata Motors. Its Tata Tea, which owns the valued Tetley brand, also is one of the largest tea producers in the world. It ranked 6 on the ... Show more content on Helpwriting.net ... Quality issues: a series of recall due to quality defect; More than 70,000 Range Rovers are being recalled by Jaguar Land Rover North America due to fears that one or both front brake hoses causing a loss of brake fluid. Range Rover and Range Rover Sports from years 2013 and 2014 are being recalled over concerns that brake vacuum hoses may not have been fitted properly. Almost 5,000 Jaguar XK cars from 2012 to 2015 will also be recalled over fears their side lights may switch off after five minutes ② Difficulty in finding similarities in markets or operational capabilities; Tata has more than 100 operating companies in seven main business groups doing business in 80 countries: chemicals, information systems and communications, consumer products, energy, engineering, materials, and services. It's difficult to find similarities in markets or operational capabilities, so they need more effort to develop to different strategies for different markets especially for consumer products. More complex and challenging process of managing strategically it face. Protectionism, especially in scenarios with continued high unemployment and economic malaise; India exploits scrutiny of India's own restrictions on inward foreign investment. The rules are particularly tough on foreign investment in banks. ... Get more on HelpWriting.net ...
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  • 9. Case Study Of Tata Communications 1–BACKGROUND AND INCEPTION OF THE COMPANY INCLUDING PROMOTER Tata Communications is a global company with its roots in the emerging markets. Headquartered in Mumbai and Singapore, it has more than 8,000 employees across 38 countries. The $3.2 billion company is listed on the Bombay Stock Exchange and the National Stock Exchange of India and is the flagship telecoms arm of the $103.3 billion Tata Group. Over the past decade, Tata Communications has evolved from a wholesale service provider serving the Indian market to a leading provider of A New World of Communications to enterprise customers and service providers worldwide. Over the past few years technology has caused significant changes in the way enterprises conduct business. The exponential growth of connected devices, emergence of social ... Show more content on Helpwriting.net ... 9. PRODUCT/ SERVICE OF THE COMPANY : 10. COMPETITORS:– →Bharti Airtel →Goldstone Infra →Idea Cellular →MTNL →Nettlinx →NuTek India →Quadrant Tele →Reliance Communications →Suyog Tele
  • 10. →Tulip Telecom 11. SIZE OF THE COMPANY IN TERMS OF REVENUE:– 12. MARKET SHARE AND GROWTH RATE OF THE COMPANY:– Market Capitalization 486.45 Total Revenue 4840.35 Revenue growth rate 3.2 billion 13.ANNUAL TURNOVER OF THE COMPANY:– Standalone in Crores Consolidated in Crores 4,989.88 20,309.80 Revenue growth in 2014–15 is 30.70% PARTICULARS Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Profit/Loss Before Tax 1003.27 803.45 656.69 265.12 154.04 Profit/Loss From Continuing Operations 506.29 503.66 500.45 176.12 70.14 Profit/Loss For The Period 506.29 503.66 500.45 176.12 70.14 14.GROSS AND NET PROFIT INCLUDING CAPITAL STRUCTURE:– Value are in crores. 15.ADDRESS AND HEADQUARTER DETAIL:– Tata Communications Limited C21 and C36 Block G, Bandra Kurla Complex Bandra (East) City– Mumbai State– Maharashtra Email id:help@tatacommunications.com Web Url: ... Get more on HelpWriting.net ...
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  • 14. Case Study Of Tata Steel And Corus Group Tata Steel acquired Corus Group in April 2007 for £6.2bn. Tata Steel is India's largest private sector steel company with 2005/06 revenues of US$5.0 billion and crude steel production of 5.3 million tons across India and South–East Asia. Corus Group is Europe's second largest steel producer with annual revenues of over £9.2 billion and a crude steel production of 18.2 million tons in 2005. This is an interesting acquisition as the acquired company was almost four times the size of the acquirer in terms of revenue. The combined entity became the fifth largest steel company in the world. The acquisition allowed Tata Steel entry into the European market. This deal follows the merger of Arcelor–Mittal forming world's largest steel company. It is the biggest deal ever from an emerging market. The deal is a powerful combination of low cost upstream production in India with the high end downstream processing facilities of Corus. The deal occurred through 9 rounds of competitive bidding between Tata Steel and ... Show more content on Helpwriting.net ... In 2014–15, the share was down to 57.3 percent. While Tata Steel group witnessed a 6 percent growth in turnover over the period, Tata Steel Europe saw a 20 percent decline in turnover. Clearly, Tata Steel Europe has been a drag on the group. As far as operating profit is concerned, Tata Steel group saw a decline of 30 percent between 2007–08 and 2014–15. Tata Steel Europe, meanwhile witnessed a sharper 53 percent decline. In 2007–08, a year before the global financial crisis started, the foreign subsidiary had a 50 percent contribution to overall Ebitda. The business never went back to that level of operating profit after that. The share in 2014–15 stood at 33.6 percent. In 2015–16 up to December, the group's consolidated EBITDA stood at Rs 11,165 crore. Tata Steel Europe, meanwhile, reported an operating loss of Rs 339 ... Get more on HelpWriting.net ...
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  • 18. Tata Steel Project INTRODUCTION Tata Steel, formerly known as TISCO and Tata Iron and Steel Company Limited, is the world 's sixth largest steel company, with an annual crude steel capacity of 31 million tonnes. It is the largest private sector steel company in India in terms of domestic production. Ranked 258th on Fortune Global 500, it is based in Jamshedpur, Jharkhand, India. It is part of Tata Group of companies. Tata Steel is also India 's second–largest and second–most profitable company in private sector with consolidated revenues of Rs 1,32,110 crore and net profit of over Rs 12,350 crore during the year ended March 31, 2008. Backed by 100 glorious years of experience in steel making, Tata Steel is among the top ten steel producers in the world ... Show more content on Helpwriting.net ... In 1973, the Steel Authority of India Ltd. (SAIL) was created as a holding company to oversee most of India 's iron and steel production. COMPANY PROFILE Established in 1907, it is the first integrated steel plant in Asia and is now the world`s second most geographically diversified steel producer and a Fortune 500 Company. Its main plant is located in Jamshedpur, Jharkhand, with its recent acquisitions; the company has become a multinational with operations in various countries. The Jamshedpur plant contains the DCS supplied by Honeywell. The registered office of Tata Steel is in Mumbai. The company was also recognized as the world 's best steel producer by World Steel Dynamics in 2005. The company is listed on Bombay Stock Exchange and National Stock Exchange of India, and employs about 82,700 people (as of 2007). Tata Steel has a balanced global presence in over 50 developed European and fast growing Asian markets, with manufacturing units in 26 countries. It was the vision of the founder; Jamsetji Nusserwanji Tata., that on 27th February, 1908, the first stake was driven into the soil of Sakchi. His vision helped Tata Steel overcome several periods of adversity and strive to improve against all odds. 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. The Company also has proposed three Greenfield steel projects in the ... Get more on HelpWriting.net ...
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  • 22. Tata Group Essay This quote by Jamsetji Tata explains why the Tata group was so successful throughout history from a simple trading company to a global conglomerate which makes more than makes more than US$ 103.27 billion (2014) and employs more than 580,000 people throughout the world. The foundation of the future Tata Group was laid in 1868 by Jamsetji Tata through the establishment of a trading company in Bombay. This initial investment was followed by the acquisition of a bankrupt oil mill in 1869 which, after being converted into a cotton mill, was sold to make profit and enable him to undertake the first major industrial project of the Tata Group by setting up another cotton mill in 1874, the Empress mill (named after the Empress of India, Queen Victoria). ... Show more content on Helpwriting.net ... It would be under his leadership that his father's ideas would be realized essentially with the establishment of the conglomerates, Tata Steel (1907) and Tata Power (1911). Both constitute the core of the present–day Tata group. Moreover, Sir Dorab Tata also contributed to helping India's educational system grow by creating the Indian Institute of Science in Bangalore in 1911. This would become one of the first of many centers of research and learning that would both support the Tata group and enhance its development. In addition, the Tata group is also characterized by the way they care for their employees. A perfect example of this would be, when in 1912, Tata Steel introduced an eight–hour working day even though it was not statutory in most industrialized nations. Under Sir Dorab Tata's management, the Tata group, which already possessed three cotton mills and a luxury hotel, now also included the largest private sector steel company as well as three electric companies and one of India's main insurance companies, New India Insurance Co Ltd in 1919 (the largest General Insurance Company in ... Get more on HelpWriting.net ...
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  • 26. Case Study Of Tata Group Tata Consultancy Services Jibin Balachandran Abstract– Tata Group, was founded by Jamsetji Tata in 1868 this group is India's most respected institutions today. Tata Sons Limited holds major share of Tata Group which is a conglomerate. In this study we will look into how Tata Consultancy Service Ltd which is one of its conglomerate has risen to be one of the best in India. Key words: INTRODUCTION Tata Consultancy Services Ltd. (TCS) began its software research and service about three decades ago. TCS offers a range of IT solutions, services, outsourcing for and of business. It's a part of Tata Group, one of India's respected business conglomerate, Headquartered in Mumbai, Maharashtra. They have 142 offices in 42 countries and 105 delivery ... Show more content on Helpwriting.net ... To make it a joy for all stakeholders to work with us." And they uphold values like "Leading change, Integrity, Respect for the individual, Excellence, Learning and sharing." With this mission and values TCS has established itself as one of the prominent in IT sector player in India with Cyrus Mistry as chairman and N Chandrasekaran as the Managing Director, employing 300,464 employees as of March 2014. I. Background of the study TCS was a division to service electronic data processing (EDP) at first there requirement was to provide management consulting services at first when it was established. In 1971, they got their first international assignment. In 1981, company set up its first R&D division in India called Tata Research Design and Development Centre at Pune. In 1985, first client–dedicated offshore development center for Compaq (then Tandem) was setup. In 1989, they provided electronic depository and trading system called 'SECOM' for a company 'SIS SegaInterSettle', Switzerland. In 1997, they setup their new corporate training facility at Trivandrum to give training to their employees. In 1998, they ventured into ... Get more on HelpWriting.net ...
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  • 30. Tata Group 1.0 Source Problems Being able to maintain Tata Groups core values and vision; during a time of uncertainty in the economy and in the internal organisation as well. 2.0 Secondary Problems These problems can be identified separately as short or long term problems. Whereby the short term problems are ones that can be solved and addressed currently or instantly, whereas long term problems having to take some careful planning and analysis and require solutions that are spread out over a couple of years instead. Short–Term Problems 2.1 It is known that the current chairman of Tata Group, Ratan Tata is close to stepping down from his position and retiring. With this, comes the challenge of identifying a suitable and qualified ... Show more content on Helpwriting.net ... Otherwise it would defeat the purpose and vision that Ratan Tata had originally envisioned for them. Currently, the group is bound together by the small staffs of Tata Sons and another holding company, Tata Industries. These two, chaired by Ratan Tata, provide strategic vision, control the Tata brand, and lend a hand on big deals. There is a need for more of the other smaller companies and subsidiaries to get involved and actually be a part of the growth, instead of taking a backseat and just going through the motion. With the Tata Group constantly seeking new opportunities in various industries, their levels of CSR have been affected but not drastically. As CSR has been known to be a very important factor in the way the Tata Group does its business, they have continued to ensure that their targets on this front are met. However, with the economy slowing down in recent times (The Economist 2011), CSR might not take such a high priority in the way that business and operations are going to be run. It is seen that their contribution to social welfare and environment–related projects for the financial year of 2010–2011 was still considerably high at USD$59.7 million (Tata Group 2012). It is said that Ratan Tata will retire in December 2012. So far, news is that Cyrus Mistry will be his successor (The Times of ... Get more on HelpWriting.net ...
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  • 34. Tata Group Term Paper Proposal Company: TATA Motors Group – India Business & Jaguar Land Rover Mission "To be passionate in anticipating and providing the best vehicles and experiences that excite our customers globally" Vision Most admired by our customers, employees, business partners and shareholders for the experience and value they enjoy from being with us. Marketing Objectives Tata motors is a leading automobile brand. It is most widely known for its commercial vehicles such as buses and trucks. However, TATA motors has also started an excellent expansion in passenger cars and it is rapidly gaining market share. The Marketing mix of Tata Motors talks about the 4P of the brand which has helped the brand rise in the automobile empire. ... Show more content on Helpwriting.net ... Net profit margin = net profit/total revenue 4. Current Ratio– This basically describes the ability to pay the bills. Current ratio = current assets/current liabilities 5. Return on net assets (RONA) – It is also measure of financial performance. RONA = Net Income / (Fixed Assets + current liabilities) KPI of 2014–2015 Source: http://www.tatamotors.com/investors/financials/70–ar–html/tata–motors–glance.html Situational Analysis PEST Analysis 1. Political  The Singur Controversy  TML acquired a land of 997 acres for manufacturing Cars by state government support. Nano  But this acquisition required the displacement of farmers.  It attracted heavy criticisms, "Save Farmland" movement was started by opposition leader Mamata Bannerjee.  On 3rd October, 2008, TML closed its plant from Singur.  It was later established in Sanand, Gujarat. 2. Economical TML's economic scenario is quite promising with GDP growth rate around 7%. However, high interest rates and low freight availability impacted its financial infrastructure in first
  • 35. quarter of 2013. During the same time, price pressure from competitors also marred its financial position. The commercial vehicle segment of TML gave it an edge over others at this time and the big and mid–sized vehicles helped TML to regain its ground. 3. Social Where ever TML goes, may it be domestic or international markets, it hires mostly the local population generating ... Get more on HelpWriting.net ...
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  • 39. Challenges Faced By Tata Essay Challenges faced by Tata Group Ratan Tata believed that all the Tata group companies had enough shareholdings in their associated companies to be called as groups in their own rights. All throughout the history Tata group followed precepts set by Jamsetji Tata. By 20th century the leadership was considered almost to be a static business environment. However, due to the drastic changes in the economic liberalization Ratan Tata was forced to restructure the group structure and strategy with respect to the changing environment. Industrial licensing was brought in, the insurance ventures of the Tatas and their airlines were nationalised. However, it was observed that Tata groups were slow to react towards the changing demands of ... Show more content on Helpwriting.net ... When in 1991, Ratan Tata took over as the chairman, the company was very low on the group bonding quality. All the firms under the Tata group followed their own strategy and often their business interest clashed which resulted in competition among various Tata firms. The group lacked the spirit of central cohesiveness as there was no person to command them. Ratan Tata lacked the kind of authority what his any of the predecessors had. There was strong resistance to change that has been built over a century old legacy. Therefore, he had to ensure that a system to restructure the group existed without which he could not carry out his intent. So, he wanted to reposition the entire top management, to let the new vision percolate down to the parts of the empire which were running independently. Rata Tata believed that a change in leadership style was required
  • 40. as everyone was going off in their own direction under JRD Tata. J.J Irani, MD, Tata Steel commented that in the present competitive environment, business strategies have to clearly defined, structure of the business groups have to be streamlines and downsizing of people should be done ... Get more on HelpWriting.net ...
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  • 44. The Swot Analysis Of The Tata Group As one of the most representative corporate player of the Indian economy, Tata group is a multinational company headquartered in Mumbai. It was founded by Jamsetji Tata in 1868 and nowadays comprises over 100 independent operation companies by being active in more than 100 countries in all six continents. The revenue of the Tata companies together was 108.78 bn in 2014– 2015 with over 600'000 employees. Tata group companies have achieved global leadership in their business, e.g. Tata Communications, which is the first international wholesale voice provider (Tata 2015a). In order to keep the high ethical standards, Mr. Ratan Tata crafted a Code of Conduct in 1998. It constantly changes to align with the environment and guides the employees in doing business. The Corporate Governance is now depicted for the whole Tata group. In order to gain better insights in a possible collaborator or competitor to Swiss firms, the analysis then focuses on Tata Consulting, which works in the areas of consulting, services, IT services and business solutions. Tata Consulting is the largest IT software and services firm in India and the second one in the world with a revenue of about 15.5bn (TCS 2015a). Corporate Governance A ... Show more content on Helpwriting.net ... The overall strategy can be depicted from the core values and ideas of the Tata group. These values are integrity, understanding, excellence, unity and responsibility. In an interview by the economist Mr. Chandrasekaran, the CEO of TCS mentioned that the strategy is simple and client–focused (Mendonca 2014). Trust and partnership are key to the strategy of TCS. The statement on the Homepage of TCS further underlines it: "We ensure the highest levels of certainty and satisfaction through a deep–set commitment to our clients, comprehensive industry expertise and a global network of innovation and delivery centers" (TCS ... Get more on HelpWriting.net ...
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  • 48. Social Media Definition Essay Definition The term social media define the attribution to the fact that it relates to the technology and platform to allow interactive web's creation, collaboration and exchange of comments of the participants and public. Social media in today's context changes the way of communicating between many users: business executives, individuals, as well as the public. Facebook, Twitter, Blogs and Youtube are examples of various user–driven (inbound marketing) channels that are widely used presently. Define a Multinational Corporation A multinational Corporation is an enterprise company (sometimes referred as transnational corporation) that operate in several countries but managed from (home) country. Such companies have offices or factories in ... Show more content on Helpwriting.net ... With the new online platforms, the brand stood out and work best from its contemporaries and also, this help to ease the communication and information sharing in a positive manner. Having known that, it is never easy to address all problems in such a large scale corporation but without consumers/customers query there would be a possibility in losing business opportunities as every problem that had raise is a chance given to the company to showcase their customer support. In addition, having facebook platform as a form of communication, consumers need not worry about the efficiency and the cost of conveying the messages through mails as it is FOC and is providing a personalized service. Branding Loyalty and improving marketing through the use of facebook With the social media assistances, Tata able to bring communication to a brand new level as majority of the product or services can be convey through the media platform. Webpage also can be created in the facebook website, with the help of social media platform; browser will lead to 'like' selection to comment on their opinion on the marketing method. As an organisational point of view, cost saving for the company is important, through the use of social media, advertising costs are reduced. Company would just need to flash out their new products through facebook. In a short period, many browsers/online consumers would be expected to view this in web page. In encouraging more supporters, online viewers, Tata can ... Get more on HelpWriting.net ...
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  • 52. Tata Group And Their Relative Global Industry... 1. Describe the Tata Group's major subsidiaries and their relative global industry competitiveness. Tata group is an international venture having based in India. It has 106 running company, with businesses inside above 100 countries all more than 6 continents, offering products to many markets all over the world and also services to more than 150 countries. In the year 2009, Tata group was positioned number eleven amongst the best globally operating companies (Kneale, 2009). Tata Group's major subsidiaries and global industry competitiveness a top of the line corporate citizenship has been a segment of the group's DNA as a worldwide competitive strategy. An extent of around sixty–one percent of the shares of the group is involved by benevolent trusts, in this manner reestablishing wealth to individuals. Because of this extraordinary ownership creation and reasoning of helping the general public, the name of Tata has been cherished for more than 142 years. Tata is confided for its recognition to strong values together with business ethics. Every single Tata company is run independently and has its individual BOD and in addition shareholders with whom it is responsible. There are more than thirty Tata publicly–listed subsidiaries. These subsidiaries possess an aggregate marketplace capitalization of around $152 billion and in addition the investor base of around 62 million (ET Bureau, 2011). Tata Group's major subsidiaries are:  Tata Steel(TS),  Tata Motors(TM),  Tata ... Get more on HelpWriting.net ...
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  • 56. The Tata Group: Business Overview Background The Tata Group founded its roots in Indian history almost a hundred years prior to its independence from England. It was established in 1868 as a trading firm by Jamsetji Tata in Bombay. (Tata, 2012). A single textile mill marked the journey of business prosperity for the Tata generations in 1874 during the time of the British Raj. Even till today, the Parsi group has always retained ownership. With its ancestral roots in the Zoroastrian community, Tata Group has been the creator of entire industries in India. Before the arrival of independence in the Indian realm, the Tata brand was synonymous to being a pioneer across a spectrum of versatile and diverse market segments. From the first luxury hotel (1903), first airline (1932), the first private steel company (1907), and the first national software entity (1968), the Tata name is one revered in Indian society. Through the formation of its two promoter companies, Tata Sons and Tata Industries; it aimed to give back to society and make charitable contributions. (Crainer, 2010). The founder of the Tata business group had had a vision. He had a dream where a sanctuary was available for the average Indian to come and stimulate his mind through the magic of science. Jamsetji Tata wanted to create a haven of education where Indians could explore their potential. Seven years after his death, the Indian Institute for Science in Bangalore was incorporated in 1911. This would be the first amongst a faction of learning ... Get more on HelpWriting.net ...
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  • 60. Tata Case 1. Which, if any, of the following initiatives undertaken by Ratan Tata do you think were good ideas? a) Creation of a Group Brand b) Building of equity interlocks among the Tata companies c) Sale of a part of Tata Industries Limited to the Hong Kong–based Jardine Matheson group d) Revitalisation of Tata Administrative Services 2. What do you think of some critics' opinion that Ratan Tata was moving the group of companies in exactly the opposite direction from where it should be going? The Indian economy following the 1991 crisis swiftly moved away from central planning economy towards market–based economy with the government having less intervention and control. As a result, companies were operating in what is called emerging ... Show more content on Helpwriting.net ...  Benefiting from advertising the group identity and brand image rather than products/services of each group.  Attracting foreign capital (Indian government encouraged foreign investment) for new ventures. Foreign investors feel more comfortable working with a reputable party. Appendix 7 provides evidence of this (e.g. ventures with IBM, AT&T, Bell Canada).  Establishing a code of conduct to ensure quality and ethical business practices.  Reducing chances of internal competition (e.g. ACC, Tisco and Tata Chemicals). There were certain competitive threats due to opening up the Indian economy. One brand, instead of many, will create a strong equity that will benefit all Tata companies to fight competitors entering Indian market. 1. b) Having equity interlocks among the Tata companies have a number of potential benefits including:  Creating common identity and aligning companies with the group's objectives  Tata Sons having better control across the whole group  Having ability to use resources across more effectively (transfer of human capital, utilising group's plants, facilities and services) that would lead to creating various synergies and benefit from economies of scope.  Ability to raise capital internally. This is important in case of a hostile takeover. Many promoters have been increasing company holdings. Investors with at least 26% ... Get more on HelpWriting.net ...
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  • 64. International Management Essay BACHELOR OF COMMERCE INTERNATIONAL MANAGEMENT WRITTEN CASE ANALYSIS REPORT: The Last Rajah: Ratan Tata and Tata's Global Expansion Declaration: Except where I have indicated, the work I am submitting in this assignment is my own work and has not been submitted for assessment in another course. CONTENTS Page Executive Summary 4 1. Introduction 5 2. Source Problems 6 3. Secondary Problems 6 3.1 Long term 6 3.1.1 Diversification of investments and businesses 6 3.1.2 The continuation of operation of Corus mills 6 3.1.3 Sustainability of its business versus sustainability of its corporate social responsibility during economy slow–down 7 3.1.4 Management control in Tata Group 7 4. ... Show more content on Helpwriting.net ... Another challenge is to formulate strategies for over 100 companies in more than 80 countries. Besides this, another problem of Tata Group is the high involvement of Ratan Tata, who is the chief steward of the group of nine senior executives sitting on the boards of the Tata companies, in both the negotiations of major deals and the details of his auto–making, telecom or steel businesses (Luthans and Doh 2009). The next challenge for Tata is on how to absorb the struggling Corus mills. Other challenges for the future include deciding on which businesses to spin–off and which to pursue, what will happen to the conglomerate during an economy slow–down. The most challenge issue for Tata Group perhaps would be to fill the void left behind by the energetic and visionary Mr Ratan Tata – Chairman of the Tata Group, when he retire (Koontz and Weihrich 2010). 3. Secondary Problems
  • 65. 3.1 Long term 3.1.1 Diversification of investments and businesses From the case study, it is evident that a major problem for Tata Group is its diversification of its investments and businesses over so many different countries. The group is subjected inevitably to the different market situations and the culture of each individual market. 3.1.2 The continuation of operation of Corus mills Another long–term problem for Tata Group is whether they should continue operating the struggling Corus mills. As ... Get more on HelpWriting.net ...
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  • 69. Business Analysis Of Tata Group 1) Source Problem Core problem which Tata Group faces are constant attraction and recruitment of talented individual to build up its network of companies, which will then be capable of flourishing in the current economy. According to Tata Steel's head of human resource Suresh Tripathy, 17% of their senior leaders are due to retire in the next few years' The challenges of increased demand in a constrained supply situation are therefore compounded (Mandavia 2014). Tata Group prides itself on its cultures and corporate social responsibility (CSR). New or old companies that are either acquired or through mergers will continue to abide to the code of conduct and ensure that ethical business practices are carried on, even after the departure of Ratan Tata. 2) Secondary Problem 2.1) Mergers and ... Show more content on Helpwriting.net ... Tata Nano being price at roughly $2500, is 1/19 the price of the cheapest Jaguar, XF base model. US dealer's worries that Jaguar and Land rover would suffer devaluation in brand name if they were Indian– owned (Timmons 2007). A combination of luxurious and cheap product might seem like an unlikely business model to many. However, Tata Group a conglomerate company is full of similar contradiction (Dealbook 2007). An example would be Taj Hotels; one night stay in the luxury suite of Taj Mahal Palace would cost around $2795. Currently Tata Group is involve in building a cheap no–frills hotel, with rates as low as $37.00 per night for a double room (Timmons 2007). 4) Criteria of Evaluation Having strong business excellence movement is critical in helping Tata Group grow and presenting themselves on the global market (Tata Sons Ltd 2014). Quantitative goals such as business's profitability should be put in place thereby allowing them to keep note of their business ... Get more on HelpWriting.net ...
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  • 73. Tata Case Study CASE STUDY– I TATA CODE OF CONDUCT The fountainhead of the corporate governance of the Tata Power Company is the Tata Code of Conduct. The Company is committed to abide by it, in its letter and spirit. And the Company has earned the Tata Brand name by virtue of this commitment. It draws its strength from the five Tata values: Integrity Understanding Excellence Unity Responsibility In Tata parlance they stand for – Integrity We must conduct our business fairly, with honesty and transparency. Everything we do must stand the test of public scrutiny. Understanding We must be caring, showing respect, compassion and humanity for our colleagues and customers around the world, and always working for the benefit ... Show more content on Helpwriting.net ... A wheel–chair worker at Tata 5. GIFTS AND DONATIONS A Tata company and its employees shall neither receive nor offer or make, directly or indirectly, any illegal payments, remuneration, gifts, donations or comparable benefits which are intended to or perceived to obtain business or uncompetitive favours for the conduct of its business. However, a Tata company and its employees may accept and offer nominal gifts, which are customarily given and are of a commemorative nature, for special events. 6. GOVERNMENT AGENCIES A Tata company and its employees shall not offer or give any company funds or property as donation to any government agencies or their representatives, directly or through intermediaries, in order to obtain any favourable performance of official duties. 7. POLITICAL NON–ALIGNMENT A Tata company shall be committed to and support a functioning democratic constitution and system with a transparent and fair electoral system in India. A Tata company shall not support, directly or indirectly, any specific political party or candidate for political office. The company shall not offer or give any company funds or property as donations, directly or indirectly, to any specific political party, candidate or campaign. 8. HEALTH, SAFETY AND ENVIRONMENT A Tata company shall strive to provide a safe and healthy working environment ... Get more on HelpWriting.net ...
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  • 77. Essay On Tata Steel Limited INTRODUCTION The organization that is chosen for this assignment is Tata Steel Limited. Tata Steel Limited is a supplementary organization of Tata Group which headquarters in Mumbai, India. Tata Steel Limited specializes in steel making globally. The Tata Steel Limited was founded by Dorabji Tata in 25th August 1907. The organization had been in operation over hundred years since it been firstly founded. Moreover The Tata Steel Limited currently ranked not only as the one of the top twenty steel production organizations worldwide but also as the second largest private sector steel organization in India. The Tata Steel Limited has production plants in 26 countries around the globe that includes Australia, China, India, Netherlands, Singapore ... Show more content on Helpwriting.net ... Thus, the organization signed a MoU with the Vietnam Steel Corp and Vietnam Cement Industries in 2007 to develop a steel plant in Ha Tinh as a step to fulfill their venture plan. However, there was no progression in the venturing process took place in past few years. According to Amruta Karambelkar (2011), the delay in the development of the steel plant was caused by few reasons. One of the main reasons was absence of investment license by The Tata Steel Limited. Furthermore, the land clearance cost for the steel plant was payable by the investor which was not expected since the investor was expecting the cost to be supported by the Vietnam Government but refused due to constraints. The reason for the conflict to occur is due to differential treatment whereby project site was given to the Taiwanese ... Get more on HelpWriting.net ...
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  • 81. Mumbai And Its Impact On The West Coast Of India Mumbai or otherwise known as Bombay, originally began as a grouping of seven individual islands in the west coast of India. As a result of the British East India Company's trading actions during the later part of the 17th century, the small port town began to develop. As time and enlargement of the city progressed over the course of the following two centuries, the seven islands were interconnected through large–scale engineering practices that included the addition of causeways and seawalls. These efforts over the course of the next sixty years through land reclamation, created a single land expanse. Once the seven islands became a physically unified area, progression went onward through to the later part of the nineteenth century ... Show more content on Helpwriting.net ... This extensive use of temporary labor was not commonly associated with the manufacturing industry. With the skill that is required to use many of the multifaceted machinery commonly associated with large–scale manufacturing, it is generally in good practice to train the labor strength to secure a permanent work force. However in Mumbai this ideal was never achieved. As a supplement to the high cost of the machinery, non–skilled labor allowed the owners to fluctuate their levels of productivity based upon immediate demand. However, had the mill–owners concentrated in particular positions of production, the temperamental effects of trade fluxes in the industry would have been less of a problem when comparing production output to foreign rivals. Despite this rather apparent issue, Mumbai's economic environment as a whole maintained to flourish. Throughout the pioneer period, the city's textile industry was profoundly contingent upon the import of overseas machinery. This among other factors could not create an atmosphere for a stable foundation of development. However hundreds of years later, in the middle of the 20th century, the state adopted a more positive approach and acknowledged the risks that Indian capitalists refused to take responsibility of. In 1939, Fred Stones, the director Sasson group: a collection of textile mills within the city stated that there was a sizable opportunity for the manufacture of textile machinery in India ... Get more on HelpWriting.net ...
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  • 85. Tata Steel Group, Their Ecological And Health Hazards Dynamic The reason for this study is to highlight on the basic parts of any business, breaking down the three distinct parts of Tata steel Group, their ecological and Health hazards, their Business Ethics, their employment and destinations security lastly their staff wellbeing. Tata attempted to employ an outer organization to convey and cover the three dangers at their destinations and the outcome was promising to the point that the organization is having now a more streamlined, yet greatly expert and hearty, security arrangement set up and things are solid for the future crosswise over Europe. Presentation Tata Steel is the second biggest steel maker in Europe and has its principle steelmaking plants in the UK and Holland. It supplies steel and related administrations to significant commercial enterprises, for example, development, vehicle generation and bundling. The European operations are a backup of Tata Steel Group, one of the world 's main ten steel makers. The consolidated Group has around 80,000 workers. (http://www.referenceforbusiness.com/administration/Log–Mar/Management– Functions.html) The Tata Steel Group is one of the world 's most topographically differentiated steel makers, with operations in 26 nations and business workplaces in more than 50 nations. The Group serves various and requesting markets around the world, including car, development, vitality and power, lifting and exhuming, rail, bundling, aviation, safeguard and security and ... Get more on HelpWriting.net ...
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  • 89. Do Mergers Add Value to Business Academic Practice for Business CONTENTS Introduction Definition of Mergers Merging Intelligently Steps for Merger Success Reasons for Failure in Mergers Analysis TATA group the market Pioneers Tata Steel Tata Teleservices Do Mergers add value to business? Introduction In a times where there is cut throat competition for even the biggies, organizations who have been playing since many decades and the rulers of economy it became a concern for them for how to survive? Here in cropped up the Idea of MERGERS. Well, whether a Merger adds value to business cannot be answered in a yes or a No. This depends on what kind of a Merger that is. The following essay will comprise of some successes as well as mergers ... Show more content on Helpwriting.net ... It could be A) Unfocused approach or demotivated employees B) Not enough funds C) Cultural differences D) Disregard of the main business Point A implies that a lot times a Merger is happening for the sake of it as in just because it's a trend and it would bring the organization in the news. It may happen not for a real Business cause but for having media attention. Here the Banking institution or the Lawyer normally tries to be diplomatic and never corrects or advice their possible clients in order for their own interests being served. Point B implies that a lot of time when the organizations keep their finances as secrets or they hold it onto the last minute to open up about their finances it is sometimes too late by then. Point C says clearly that two different geographical locations or different cultures could pose problems within the managements and operation style. Point D reflects that a lot of times when there are more than required post–merger meetings, concentrating on excessive cost cutting, or social gatherings more than what is required, it happens that the employee starts to loose onto interest. It could even be when the revenues are much less than what's expected that the motivation of the employee sways away. (http://books.google.co.uk) (Senese,James A.) 2007 ( Managing Post–Merger Corporate cultue: A case study of two mergers in the...) ... Get more on HelpWriting.net ...
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  • 93. Ratan Tata: Leading the Tata Group Into the 21st Century... Ratan Tata: Leading the Tata Group into the 21st Century 1. The Tata Group has been transformed from a risk–averse, slow–moving giant into a more dynamic and aggressive conglomerate. How much of such a transformation can be attributed to one individual? Discuss the role of the leader in initiating and managing change. Answer The Tata Group transformation can be greatly attributed to the vision and execution of Ratan Tata. He was greatly responsible for the tremendous transformation because he was able to take his vision for the group and transformed it into a reality. By enforcing a mandatory retirement age policy which removed a lot of top management, who were challenging the core functions of the group and hindering growth, Ratan ... Show more content on Helpwriting.net ... 2. The Tata Group had a presence in a wide range of businesses wince its early days. Later, rattan Tat managed to streamline the Tata Group. What advantages and disadvantages did the group gain through the streamlining of business? Do you think, as of 2009, the Group is still present in too many businesses? Answer There were a total of 84 companies in several industries under the Tata Group in the early days. With the vision of the new leader, he realized that there was a lot of irrelevant businesses in the group that did not contributed much to the group's profits and as a result he streamed line and exited a lot of the industries in which the group was not doing well, in order to accomplish his vision and goal and make the group stronger. In my opinion, this was a good move as the benefits outnumbered the disadvantages. The stream lining made it possible for the group to manage the companies easier. In addition, they were able to cut costs by having a smaller workforce and fewer overheads. Importantly, they improved productivity in the group by eliminating some unnecessary ventures and focusing more resources in certain areas, thus improving revenue. Finally, they were able to gain profits from the sale of some companies. On the other hand however, this stream lining caused many individuals to lose their jobs, resulting in a lot of homes having decreased incomes. There were also a lot of ... Get more on HelpWriting.net ...
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  • 97. Case Study On Tata Consultancy Services About Tata Consultancy Services: The Tata group's core purpose is to improve the quality of life of the communities it serves globally, through long–term stakeholder value creation.Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise headquartered in India, and comprises over 100 operating companies in seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals. Tata companies have operations in more than 100 countries across six continents, and export products and services to over 150 countries. The revenue of Tata companies, taken together, was $96.79 billion (around Rs527, 047 Crore) in 2012–13, with 62.7 percent of this coming from businesses outside India. Tata companies employ over 540,000 people worldwide.Good corporate ... Show more content on Helpwriting.net ... There are 32 publicly–listed Tata enterprises and they have a combined market capitalization of about $122.34 billion (as on May 22, 2014), and a shareholder base of 3.9 million. Tata companies with significant scale include Tata Steel, Tata Motors, Tata Consultancy Services (TCS), Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Indian Hotels.Many Tata companies have achieved global leadership in their businesses. For instance, Tata Communications is the world's largest wholesale voice carrier and Tata Motors is among the top five commercial vehicle manufacturers in the world. Tata Steel is among the top 10 best steelmakers and TCS is amongst the top 10 global IT services companies. Tata Global Beverages is the second– largest player in tea in the world and Tata Chemicals is the world's second–largest manufacturer of soda ash. Employing a diverse workforce in their operations, Tata companies have made significant local investments in different ... Get more on HelpWriting.net ...
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  • 101. What Is My Inspiration Essay Inspiration doesn't mean trying to impersonate your idol. It means that they have left an impact on your life that has moved you so much that you make it your quest to pass on that impact to others, so that they are inspired to do the same. The cycle will go on forever. I have been inspired by number of people ranging from members of my family, friends, to great personalities who obviously do not know of my existence on this planet! Some of them are so influential that their motivation and determination will enable me to reach greater heights. A few inspire me to do better in anticipation that I will make them proud. In all this, there has been a special personality who has helped me to perceive the brighter side of striving to achieve excellence. Jamsetji Tata, a visionary, a seer, a man of action who single–handedly built a flourishing empire till date. What was so different about Jamsetji? What made him the recurring topic of many minds? What could have been the secret that allowed him to build a dynasty? I would ... Show more content on Helpwriting.net ... Leaders must always be humble and be grateful to the ones that have helped them along their way to success. Great leaders should be more like Jamsetji Tata because then, they too will have a vision that will benefit not only themselves but also the citizens of this country. Money is not a matter of heart; it is a matter of the mind. If you have the will power, you can live without craving for money. This is what I would like the leaders of today to incorporate into their lives. This is the main reason Jamsetji thrived. He did not care about the size of his wallet at the end of his day. He only cared about whether or not he did something for the citizens of the nation. I wouldn't be wrong if I said that without his vision that was the cornerstone of the Tata group, Munnar would never be what it is ... Get more on HelpWriting.net ...
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  • 105. Ratan Tata: Leading the Tata Group Into the 21st Century 1) The Tata Group has been transformed from a risk averse, slow moving giant into a more dynamic and aggressive conglomerate. How much of such a transformation can be attributed to one individual? Discuss the role of the leader in initiating and managing change. 2) The Tata Group had a presence in a wide range of businesses since it's early days. Later, Ratan Tata managed to streamline the Tata Group . What advantages and disadvantages did the group gain through streamlining of business? Do you think as of 2009 the Group is still present in to many businesses? 3) The Tata Group has acquired many companies in the last few years. Critically discuss the benefits and risks associated with Ratan Tata's growth through acquisition strategy ... Show more content on Helpwriting.net ... Discuss the role of the leader in initiating and managing change. 17) The Tata Group had a presence in a wide range of businesses since it's early days. Later, Ratan Tata managed to streamline the Tata Group . What advantages and disadvantages did the group gain through streamlining of business? Do you think as of 2009 the Group is still present in to many businesses? 18) The Tata Group has acquired many companies in the last few years. Critically discuss the benefits and risks associated with Ratan Tata's growth through acquisition strategy especially in the global context. 19) The Tata Group has been transformed from a risk averse, slow moving giant into a more dynamic and aggressive conglomerate. How much of such a transformation can be attributed to one individual? Discuss the role of the leader in initiating and managing change. 20) The Tata Group had a presence in a wide range of businesses since it's early days. Later, Ratan Tata managed to streamline the Tata Group . What advantages and disadvantages did the group gain through streamlining of business? Do you think as of 2009 the Group is still present in to many businesses? 21) The Tata Group has acquired many companies in the last few years. Critically discuss the benefits and risks associated with Ratan Tata's growth through acquisition strategy especially in the global context. 22) The Tata Group has been transformed from a risk averse, slow moving giant into a more dynamic and aggressive ... Get more on HelpWriting.net ...
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  • 109. Case Analysis Of Ratan Tata Module: International Management (BUS 323) Name: Adrienne Tan Hui Ling Student Number: 32489994 Written Case Analysis Report: The Last Rajah: Ratan Tata and Tata's Global Expansion Table of Contents 1. Source Problem 3 2. Secondary and Current problems 3 3. Analysis/Elaboration of the 3 current secondary problems, and the company's resolutions of the 3 problems. 5 4. Criteria of Evaluation 8 5. Alteration of strategies 9 6. Justification of recommendations 11 7. Implementation 12 8. List of References 13 1. Source Problem Diversification of businesses is a strategy adopted by many domestic and international organizations, with the goal of enlarging market share and exerting market dominance, and ultimately churning increasing business revenue. Chairman of the Tata Group of businesses, ... Show more content on Helpwriting.net ... Specializing in auto–mobiles, Tata started losing focus on its niche and went on to acquire new businesses in completely different industries massively. This included plans to invest $28 billion in steel, autos, telecom, power, chemicals, and more. Unfortunately, the lack of central strategy resulted in investments on the wrong industries, such as the Tata Teleservices (TTSL), a mobile telephony business. It yielded the worse negative margins amongst the whole of Tata Group's businesses (Pannu, Singh, 2013 ). Another separate industry has it that Tata Steel was loaded with $7.4billion of liability for the acquisition of Corus. On its core auto–mobile business, Tata Motors now owned the American high–end Jaguar and Land Rover (PTI, 2015), which requires its attention to bring the brands back to heights when they were once owned by Ford Motors. Central strategy is crucial for the allocation of resources at the right time to right
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  • 114. House of Tata HOUSE OF TATA The Business Agricultural Products Base Metals Non–Metallic Mineral Products Chemicals Construction & Allied Activities Electrical and Non–Electrical Machinery Electricity & Non–Conventional Energy Electronics Services Shipping & Exports Hotels Financial Drilling Real Estate Other Watches Pulp & Paper Press Engineering & Locomotive Vertically integrated Focus in domestic market (India) Resources Financial Capital Managerial Expertise Business Network Established brand Structures, Systems & Processes
  • 115. Corporate communication Weekly cross–company director's meetings Autonomous business unit operations Uniform Policies across the Tata Group SBU's annual contribution system ... Show more content on Helpwriting.net ... TAS was developed as a group resource with MBA participants mobile among group companies. 2.What do you think of some critics' opinion that Ratan Tata was moving the group of companies in exactly the opposite direction from where it should be going? I do not agree with the critics opinion that Ratan Tata was moving the group of companies in the opposite direction from where it should be going for the following reasons: The group's flagship companies Telco and Tisco which had dropped 77% &41% (FY94& FY95)in earnings were showing an increase in earnings, under Ratan's leadership. Ratan promoted through TIL in mid 1980's and mid 1990's a total of 20 solo and joint ventures with combined sales of Rs.7.5billion as in (FY 96)whilst maintaining a 25 to 50% share and controlling interest. Ratan was responsible for creating a stronger and collective identity by promoting a unified Tata brand for all companies subscribing to the Tata Brand Equity scheme. This gave the group the advantage of opportunities and ward off competitive threats. Ratan used the fee money from the brand equity scheme to build a national and international group brand image with a set of core values and ethics Ratan restructured the group in 1993 by selling the loss making Tata oil mills. Ratan promoted TAS as a 'premium ... Get more on HelpWriting.net ...
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  • 119. Business Ethics : Tata Steel Group Abstract The purpose of this study is to highlight on the different Introduction Tata Steel is the second largest steel producer in Europe and has its main steelmaking plants in the UK and Holland. It supplies steel and related services to major industries, such as construction, vehicle production and packaging. The European operations are a subsidiary of Tata Steel Group, one of the world's top ten steel producers. The combined Group has around 80,000 employees. Ethics in business Business ethics Business ethics means 'taking the right course'. Acting ethically takes into account all the factors of doing business. These include production, business processes, and the company's behaviour with its customers and the communities in which it operates. It is about doing the right thing in everything the company does. A commitment to environmentally–sound practices is part of many businesses' commitment to act responsibly. Social responsibility refers to an organisation's obligations to maximise its long–term positive impacts and minimise its negative impacts on society. For Tata Steel, it is a core part of its vision to be 'the global steel industry benchmark for value creation and corporate citizenship.' Tata Steel is committed to tackling the challenges of sustainability. This means that it takes its responsibility towards both the environment and its communities seriously, balancing these against the need to make a profit. It has put systems in place to meet ... Get more on HelpWriting.net ...
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  • 123. House of Tata The Tata Group Managing a Conglomerate in an Emerging Market Environmental Analysis In 1991 the Indian government introduced a series of drastic reforms, liberalizing its government owned and controlled economy. Product expansion and new market entry became easier for companies in virtually every sector of the economy. This presented Tata with many opportunities to leverage its strong brand equity and financial resources to enter new markets and industries. The strong brand image gave it a tremendous advantage over competitors in a variety of industries. However, the government reforms also lowered barriers to entry and increased competition in all of Tata's industries. Foreign ... Show more content on Helpwriting.net ... Perhaps the most significant is the strength of the Tata name. Tata Sons owns the name and trademark, which are registered in India and around the world. The Tata name is symbolic of India 's industrialization and innovation. The company's entrepreneurial spirit has driven much of its growth, and has facilitated successful ventures into growing industries such as high technology, biotechnology, and alternative energy. The group's companies all operated under a common corporate culture characterized by independence, entrepreneurship, and ethics. The strong brand name, entrepreneurial spirit, and corporate culture have helped to unify this large and disparate group of companies under the ... Get more on HelpWriting.net ...
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  • 127. Tata Group : A Global Leader Player The late Jamsetiji Tata who holds nearly 100 companies with 300 subsidiaries in 40 businesses founded Tata Group. Ratan Tata who is handling all the main contracts and has been heavily investing to shape Tata Group into a global leader player. The groups comprise seven business segments specifically: engineering, materials, communications and information technology, services, energy, consumer products and chemicals. Each company and subsidiaries functions individually and are bound by Tata Sons and Tata industries where Ratan Tata and few others provide strategic vision, governing the Tata brand and to contribute a share on big deal. From the case study, several challenges are observed; Tata group will face with its widespread divergence ... Show more content on Helpwriting.net ... Critical factors like overseeing the operations in international locations and with variations in the local regulations. Tata will faces problem in understanding the country's background and the working nature of the country. (Luthan and Doh, 2009) Ratan Tata strongly emphasize on corporate social responsibility, he exhausted substantial sum of money to grow Jamshedpur, the home based of Tata Group and other rural–development projects. However, in the event of an economy slow–down, the Tata firm will have to weigh the importance and decide whether to sustain its businesses or to fulfill this culture. Moreover, Tata already has a liability of $7.4 billion in its accounts. As the case studies says, Ratan Tata is the chief steward handling all the main contracts himself and is vastly involved in the details of his businesses. He is also the main decision maker for most of the Tata group's main contracts. The fact that Ratan Tata is unmarried and doesn't have a children, it was even tougher of who to take over his positon, there wasn't a suitable candidate to be the next successor. (Luthans and Doh, 2009) With the acquirement of Corus Mills of $13 billion, it also means that Tata group is taking the debt of $7.4 billion and which in turn poses as a challenge. And with Corus' high operational cost, it will wane the profit margin of Tata Steels. The bidding of Jaguar and Land Rover will be a huge jump ... Get more on HelpWriting.net ...
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  • 131. Job Design and Employees Motivation All in a day's work Employee empowerment is the latest buzzword in business and a variety of Tata companies are working overtime to place their people in the driver's seat The crowd holds its collective breath as Pakistan speedster Shoaib Akhtar prepares to strike. But the batsman, B Muthuraman, is unperturbed. The delivery is sent flying into the stands. The cheers get louder as the Tata Steel managing director raises his bat in triumph. Not real life, but an inspirational film. "It's a part of our Vision 2007 campaign," explains Niroop Mahanty, vice president (HRM), Tata Steel. Adds BN Sarangi, chief, HR/IR, Tata Steel, "The idea was to motivate employees to accomplish the impossible, like hit a six off Shoaib Akhtar." Or ... Show more content on Helpwriting.net ... This is one of the key elements of the company's Stars, or Special Thanks and Recognition Systems programme. Since its launch three years ago, the globally acclaimed model has triggered soaring employee satisfaction scores, besides numerous employee suggestions and innovations, many of which are best practices today. "Whether it's an indigenously manufactured bathroom mat or a new chemical for the laundry, every idea is big and shared across the hotel chain," says Mr Martyris. "It has shattered the myth that only people at the top are creatively inclined." There is a huge reservoir of innovation waiting to be tapped among all levels of employees. The success of the earlier programme led Indian Hotels to introduce 'Stars Plus', a spin–off for its service providers, and 'Joy at the Workplace', which is aimed at team building and bringing cheer to the office. From celebrating birthdays to organising cricket matches between the various Taj properties, the objective is to keep employees motivated. Instead of major initiatives, HR is engaging in small but innovative activities which might appear mundane but make the employee feel at home while at work. The human factor HR has also discovered the lost art of listening. Employee satisfaction surveys and primary mood reflectors within the organisation have become sacred. This helps in ... Get more on HelpWriting.net ...
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  • 135. Corporate Social And Moral Statement: Why Tata Sons? Why TATA Sons? It is often said that Corporate Social Responsibility in Indian context can be traced back to the founder of Tata Group, Jamsetji Tata. The Tata group have been doing Corporate Social Responsibility from as early as 1892. Mr. J N Tata believed that the community was not just another stakeholder in business, but was the sole reason for its existence. The importance given to CSR activities were not just limited to JN Tata. In fact all his successors have believed in giving back to society and have created an awareness regarding its importance. The guiding mission of the Tata Group was stated by JRD Tata when he said these golden words, "No achievement is worthwhile unless it serves the needs of the country and its people. Ratan ... Show more content on Helpwriting.net ... The implementation of CSR policy is reviewed and monitored by a multi tired governance mechanism which comprises of: I. CSR committee of the Board II. Apex CSR Steering committee, chaired by Managing Director III. CSR Advisory Council, comprising eminent experts from academic and development fields The company's CSR activities revolves around six guiding principles. They are: 1. Impact: All the CSR initiatives have well defined Key Performance Indicators to measure their impacts on the focus groups. The high impact initiatives are assessed by independent parties 2. Partnerships: The company believes in collaborations with business partners, other Tata firms, Tata trusts and government organisations to multiply CSR activities 3. Affirmative Action: They have designed targeted programs for the Scheduled castes and Scheduled Tribes communities to preserve the cultural fabric and promote their well–being. 4. Volunteerism: Tata Steel is committed to provide opportunities to its employees and their families to engage in volunteering activities that will benefit the society at large 5. Communication: Company has a two–way communication channel to map the needs, expectations and aspirations of the ... Get more on HelpWriting.net ...
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  • 139. Swot Analysis Of Tata COMPANY PROFILE: TATA GROUP: Tata group which was founded by Jamsetji Tata in 1868 comprises more than 100 operating companies in various seven sectors like communication and IT, services, material, engineering, energy, chemicals and consumer products. The group operates in more than 80 countries and its exports in count for more than 85 countries, operating across six continents. Being an Indian conglomerate holding company with its headquarter in Mumbai, Maharashtra.. Tata's have 30 publicly– listed enterprises with a market capitalization of approximate $134 billion. And it has its own respect for its values and business ethics since from 1868, that is for more than 148 years. TITAN COMPANY: The Indian based Titan company limited has engaged itself in watch manufacturing of its own brand. Titan's primary segment consist of watches followed by jewelry and others. Titans secondary segment consist of eye wear, machine building, precision engineering and accessories. In addition to this it also provides Tanishq which is a jewelry brand. Titan brought a great revolution in India with its Indian watch market after it introduced quartz technology, with a international styling. Titan company limited is ranked as ... Show more content on Helpwriting.net ... They formed a joint venture with Timex Group, that lasted until 1998. This was to have a distribution network across country. The success of Titan began long back in 1984 with a joint venture between Tata group and the TIDCO i.e., Tamil Nadu Industrial Development Corporation. The company has various divisions namely watches and accessories, eyewear, jewelry, precision engineering, fragrances. Hosur, Tamil Nadu is the largest manufacturing unit. It also has manufacturing unit in Dehradun, Pantnagar in Uttaranchal, Roorkee and in Goa an Electro Circuit Boards plant. This has 1100 retail stores surrounding 1.5 million sq.feet. It also has 740 after sales service ... Get more on HelpWriting.net ...
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  • 143. Leadership Paper On Ratan Tata UNIVERSITY ID # 13892116 LEADERSHIP PAPER ON MR. RATAN TATA RATAN TATA A standout amongst the most well–known and regarded industrialists in India, Ratan Tata (Ratan Naval Tata), is the Chairman of the Tata Group which is situated in India and containing 98 working organizations spread across 56 countries in six continents. Ratan Tata, born on December 28, 1937 to Soonoo and Naval Hormusji Tata and is the great grandson of Jamsedji Tata founder of Tata group. Rattan's childhood was troubled, his parents separated in the mid–1940 and Ratan and his brother were raised by their grandmother. He learned at the Campion School in Mumbai and at 15 years of age, he moved to the United States for further studies. He finished his graduation from Cornell University with a degree in Architecture and Structural Engineering in 1962 and briefly worked with Jones and Emmons in Los Angeles. He was offered a position at IBM, which he turned down on the advice of JRD Tata. He finished the Advanced Management Program at Harvard Business School in 197510. Left to him, Ratan Tata would most likely have stayed on in the United States in the wake of preparing as a draftsman at Cornell University. However the child of appointee gathering director Naval Tata and the nephew of JRD Tata couldn 't be permitted to work outside the gathering. In 1962, Ratan joined the family business, taking a shot at the Tata Steel shop floor at Jamshedpur, working with ... Get more on HelpWriting.net ...
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  • 147. Market Capitalization Of Tata Companies: A Case Study Figure 1: Market Capitalisation of of Tata Companies 25–Sep–2014 (Source: http://www.tata.com/article/inside/Market–capitalisation–of–Tata–companies) From a stagnant $12 billion dollar value in 2003 to a turnover of almost $139 billion company in 2014, the former chairman and brain behind the success, Mr Ratan N Tata and the current leader Cyrus Mistry has succeeded bringing the Group to be one of the top global conglomerate in the world. However, the Group which consist of nearly 100 companies with 300 subsidiaries in 40 businesses (i.e engineering, services, consumer goods and chemicals) globally requires critical effort and constructive strategical approach to streamline the Group for a better and productive output of which Ratan had personally admitted failed in doing so ... Show more content on Helpwriting.net ... 4. Criteria Evaluation Figure 4 The key fundamental strategy to drive business excellence and opportunity which Tata Group as a whole can apply to align with their mission and vision; the Balance Scorecard. Originated from Dr Robert Kaplan of Harvard Business School and David Norton, it's a set of measurement, allowing holistic incorporated view of business performance financially and otherwise (International Review of Business Research Papers Volume 6 Number 4, 2010). The scorecard consists of 4 components, Customer, Financial, Internal Business Process and Learning and Growth (Balanced Scorecard Institute 1998 – 2004). The new developments of projects and assets within Tata Group can maximise its capacity and productivity against the volatile market. 5. Alternatives At the helm of the company, Cyrus Mistry will be the decision maker to face the challengers and review the alternatives measurements. 5.1 Short Term i. Dynamic Ethics & Cultural ... Get more on HelpWriting.net ...
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  • 151. House Of Tata's Acquiring A Global Footprint House of Tata's: Acquiring a Global Footprint By Section 3_Group–4 What is your assessment of the globalization strategies of the Tata group operating companies, particularly, Indian Hotels, Tata Tea, and Tata Steel? Indian Hotels are the earliest among all other group companies to have been globalized its business. Overall the company's preference was small equity positions with management contract for international properties. They did not enjoy profit rather they faced losses from their acquired properties outside the home country. So they divested and shifted to small equity with management contract, primarily to gain profit and for globalization, for their hotel group of Tata Globalization strategies of Tata group ... Get more on HelpWriting.net ...
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  • 155. Corporate Social Responsibility CORPORATE SOCIAL RESPONSIBILITY (CSR) is a term describing a company's obligation to be accountable to all of its stakeholder in all its operation and activities. Socially responsible companies consider the full scope of their impact on communities and the environment when making decisions, balancing the needs of stakeholder with their need to make profit. A company's stakeholders are all those who are influenced by and can influence a company's decisions and action, both locally and globally. Business stakeholders include(but are not limited to) employees, suppliers, customer, community organizations, subsidiaries and affiliates, joint venture partners, local neighborhoods, investors, shareholders(or a sole owner in case it is sole ... Show more content on Helpwriting.net ... Some would argue that the only reason to take on social projects is for utilitarian reasons, such as currying favor with the public or with government, or to improve market standing. Others, such as the philosopher Michael E. Berumen, suggest that a business is property belonging to the owners, not stakeholders, and that a business is not equivalent to a mini–state for the purpose of creating social justice or carrying out social planning, and that the owners have the right to dispose of their property as they see fit within the limits of morality, including for profit, social good, or both. Proponents of CSR would suggest a number of reasons why self interested corporations, seeking to solely to maximize profits are unable to advance the interests of society as a whole: Corporations care little for the welfare of the workers, and given the opportunity will move production to sweatshops in less well regulated countries. Unchecked, companies will squander scarce resources. Companies do not pay the full costs of their impact. For example the costs of cleaning pollution often fall on society in general. As a result profits of corporations are enhanced at the expense of social or ecological welfare. Regulation is the best way to ensure that companies ... Get more on HelpWriting.net ...
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  • 159. Tata Group Tata Group Vishal Patel Saint Leo University Organizational Behaviour MBA 530 Craig S. Cleveland December 17, 2010 Tata Group Tata group of companies, it is said that there is Tata in every Indian's life directly or indirectly. Tata group of companies is India's largest conglomerate. Tata group is made up of 90 operating companies in seven different industries which makes it India's largest conglomerate. Tata group was founded by Jamsetji Tata in 1868. The founder of the Tata group was a visionary who was a traveler and loved travelling around the world. Jamsetji Tata was born in a small town of Navsari in Gujarat India. In his early working life, he worked with his dad in his banking firm. He wanted to start a new ... Show more content on Helpwriting.net ... JDR Tata was the chair man of Tata Group for fifty three years and during his leadership Tata Group expanded in new industries. Under JRD Tata's leadership, the company from independence to 1990 despite stringent regulations and license raj was able to grow constantly and was able to start their business in new areas. Tata started Tata Chemicals in the year 1939. Tata Motors and Tata Industries in 1945, Voltas in 1954 which is manufacturing home appliance, Tata tea, which is one of the largest tea company of the world was established under his leader ship, Tata Consultancy Services (TCS) India's largest Information Technology company by market capitalization was established in the year 1968, and the Titan Industries in the year 1984 (Tata group, n.d.). JDR Tata steep down from the position of being chair man of that group in 1991. Ratan N. Tata took over the position as the chair person of the company and still a chair person of the company. Ratan Tata became the chair person in the mist of new economic reforms in the country where government removed many restrictions. The Indian government lifted many regulations to do business and started the end of the license raj. New entry of international origination gave competition in many industries to the Tata group. Tata group had new arena to do business in this newly freed market. Tata Group, one of the old and strong business groups whose business has seen many rough time the company in ... Get more on HelpWriting.net ...