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 There has been speculation and questions being raised about the abilities of Cyrus Mistry – whether he will be able to continue the legacy that Ratan Tata has created. Importantly, how he sees the importance of maintaining a high level of CSR and contributing to the society like his predecessor did. Taking over Tata Group at such a time will be extremely challenging due to the current state of the World economy. Naturally, profit margins will be reduced as society and investors become more sceptical towards the market.
Another thing that the Tata Group might face after Ratan Tata leaves is that the employees and other board members might not accept the new changes that Cyrus Mistry brings. A different style of leadership can be expected, and there will be some form of resistance to change. The organisation could also make use of Cyrus Mistry’s vulnerability of being thrust into a new position with a lot of expectations. There might also be jealousy amongst some of the other candidates that were looking to take over Ratan Tata’s position. They could jeopardise the entire group by going against Cyrus Mistry in the future.
The New Economy realities also mean that Tata Group will have to control its spending in the coming years. Instead of continuing to make investments, they will now have to look at ways to reduce business costs and marginalise the number of industries that remain profitable. India is currently
Buyer Target Daimler Benz Chrysler (USA) (USA) Daimler is the 13th largest car manufacturer in the world and is Germanys largest industrial group. At the time of the merger in 1997, Daimler Benz (as it was known) had just 1% share of the US market, was incredibly labour intensive in its production methods and lacked the economies of scale that leading car manufacturers enjoy. Chrysler was founded in 1925 and has over 50,000 employees throughout the world. Chrysler suffered…
middle-class population is the key driver of small car markets in developing nations. However, in developed regions like the US and western Europe, stringent environmental standards are increasing the need for more fuel-efficient cars. Tata Motors Indian conglomerate Tata Group (www.tata.com) employs nearly 300,000 people in 85 countries and is India’s largest conglomerate company, with revenues in 2006–07 equivalent to US$28…
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…
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…
S.A TATA Motors – Brief Introduction The globally popular Indian multinational automobile manufacturing company is a part of the TATA group. TATA group is a family owned entrepreneurship formed in 1860s by Jamsetji Tata, the great business man during time who had put India on the global map of economic trade. TATA group includes various sectors of business like Tata power, Tata chemicals, Tata Tea, Tata global beverages, The Titan Watch Industries, Tata phone and mobile services, Tata Consultancy…
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…
named “Tata Motors’ Acquisition of Daewoo Commercial Vehicles” to illustrate the Indian Acquisition problem. Statistically, there are 12 per cent to 14 per cent of Tata Motors’ revenue is from overseas at current status. And Tata Motors sets its communicated target at 25 per cent to 30 per cent, which means that the company aims to reach 25%-30% revenue from…
it encounters. Throughout the decades, Tata Steel has effectively countered a few difficulties that have come its way with imaginative reactions and nonstop change which have empowered it to stay steady and even change over some of these difficulties into opportunities. It is this culture of continuance that has agreed Tata Steel the understanding and concentrate on managing the current monetary condition. Drawing from its inward quality and convictions, Tata Steel reacted by propelling a few activities…
kind of decision making does Ratan Tata engage in? It began making series high profile acquisitions from the four -star Pierre hotel in New York to Anglo-Dutch steelmaker Corus to more recently luxury carmaker jaguar Land Rover. But then the world economy Swooned and the $85 billion conglomerate found itself losing customer and buried under a pile of debt. Time to put innovation initiatives on ice, it might seem, the company’s chairman, 72 years old Ratan Tata doesn’t see it that way .in this 2009…
TATA Steel’s Case Study Report Business Assignment Student number: 100045940 Word count: Date: 05/12/2013 TATA Steel is an Indian international steel manufacturing company which established in 1907 (Tatasteeleurope, 2013). It is belonged to Tata Group, a conglomerate, giant company that encompasses seven business sectors, which are engineering, materials, energy, communications and information technology, consumer products, services and chemicals, and Tata Steel is one of the major companies…
