PRESENTATION ON

MANAGEMENT DEVELOPMENT EFFORTS (TATA GROUPS)

UNDER GUIDANCE OF:DR. NAMRATA SANDHU

PRESENTED BY:KIRANDEEP KAURDEEPIKA SHARMAANJALIJASMEET SINGH

Introduction

• Management Development is best described as the process from which managers learn and improve their skills not only to benefit themselves but also their employing organizations

• Organisational development

Approaches

Management Development and Performance Improvement programs have traditionally utilized three approaches:

• Training Programs• Performance Appraisal• Organizational Surveys• Management feedback system

Management Development EffortsOf An Organisation

- TATA GROUP

Introduction

• Tata Group is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra, India

• founder, Jamsed ji Tata• current chairman of the Tata group is Ratan

Tata• Tata Group is one of the largest companies in

India by market capitalization and revenue

Cont……..

• The Tata Group has operations in more than 80 countries across six continents and its companies export products and services to 80 nations

• It comprises 114 companies and subsidiaries in eight business sectors, 27 of which are publicly listed

• 65.8% of the ownership of Tata Group is held in charitable trusts

Cont….

• Companies which form a major part of the group include Tata Steel , Tata Motors, Tata Consultancy Services, Tata Technologies, Tata Tea , Tata Chemicals, Titan Industries, Tata Power, Tata Communications, Tata Sons, Tata Teleservices and the Taj Hotels.

• The 2009, annual survey by the Reputation Institute ranked Tata Group as the 11th most reputable company in the world. The survey included 600 global companies.

Cont……

• The Tata Group has helped establish and finance numerous quality research, educational and cultural institutes in India.

• The group was awarded the Carnegie Medal of Philanthropy in 2007 in recognition of its long history of philanthropic activities.

• Tata gets more than 2/3 of its revenue from outside India. In June 2011, based on market value Tata Group has become India's wealthiest group with $98.7 billion.

Business Ethics And Code of Conduct

• Updated in 2008• Increasing group activities• More guidance towards issues as integrity,

sustainability, competition and excellence• Employees personal responsilbility

TATA’s Leadership Development And Training Program

• TATA management training centre• Cross-Functional exposure• Cross-Company Mobility• “Leadership Development Series”

Corporate Governance

trust and integrity bring more accountability , while

creating wealth legally and ethically believe in fairness in words , actions and

deeds with all stakeholders corporate governance council

Safe Workplace

• Guidance from Dupont, a world leader in safety

• For high health and safety standard - Australian – based blue scope steel

• Working with an organisation “safe” in India RESULT :• improvement in safety level from 1.38 in

2008/09 to 0.95 in 2009/10

Corporate Social Responsibility

• concept morphed into corporate sustainability• structured in very informal way• tata council for community initiatives

RESPONSIBILITIES

Cont………

• Ensuring the safety and well being of employees;

• Respecting and safeguarding the environment;

• Providing customers with the best possible products and services;

Cont……

• Contributing to local communities and to society in general;

• Generating a good return on the investment of shareholders, and

• Maintaining the highest ethical standards with suppliers and contractors and in all business dealings.