Credit Accumulation & Transfer Scheme (CATS) – Undergraduate – Degree in Business & Management Studies
“Position Analysis of Tata Steel”
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
Table of content
Title page | 1 | Table of content | 2 | 1. Introduction | 3 | 2. Historical and cultural background | 4 – 6 | 2.1 History | 4 | 2.2 Strategic drift | 4 – 5 | 2.3 Cultural background of Tata Steel | 5 – 6 | 3. The environment | 6 – 9 | 3.1 Pest Analysis | 6 – 7 | 3.1.1 Political aspect | 6 – 7 | 3.1.2 Economical aspect | 7 | 3.1.3 Social aspect | 7 | 3.1.2 Technological aspect | 7 | 3.2 SWOT Analysis | 8 – 9 | 3.2.1 Strengths | 8 | 3.2.2 Weaknesses | 8 | 3.2.3 Opportunities | 9 | 4. Strategic Capability | 10 – 12 | 5. Strategic Purpose | 13 – 14 | 5.1 Stakeholder expectations | 13 – 14 | 5.1.1 Employees | 13 | 5.1.2 Customers | 13 | 5.1.3 Government | 13 | 5.1.4 Stakeholders | 14 | 5.1.5 Suppliers | 14 | 5.1.6 Competitors | 14 | 6. Conclusion | 15 | 7. Appendix 1 | 16 – 23 | 8. References | 24 – 27 |
-------------------------------------------------
1.Introduction
In the new global economy, determining of successful strategies has become a central issue for the growth of a company. Over the history, Tata Steel has become a very successful Indian group. One significant issue of the company is that it is the fifth largest steel maker in the world and is operating all over the world. Thanks to the acquisition of Corus in 2007, Tata Steel had the
References: * 12MANAGE (2010) Five Competitive Forces (Porter). Available at: http://www.12manage.com/methods_porter_five_forces.html [Accessed: 03 December 2010]. * Arcelormittal, (2010) Profile. Available at: http://www.arcelormittal.com/index.php?lang=en&page=9 [Accessed: 22nd October, 2010]. * Belbin, M., (1981) Management Teams – Why they succeed or fail, Butterworth-Heinemann. * Belbin, M., (1993) Team Roles at Work, Butterworth-Heinemann. * Business Monitor International Ltd, (2010) ‘India Metals Report’. pp. 52-55. Available at: http://web.ebscohost.com/bsi/pdf?vid=14&hid=8&sid=c70c432b-3253-461b-a051-fe2b4d0dc7b0%40sessionmgr112 [Accessed: 20th November 2010]. * Hussain, W., (2009) ‘Karriere in ... Indien: Hartnäckige Feilscher’. Harvard Business Manager, p.18 * Deccan Herald (2010) ‘Tata Steel to cut CO2 emissions by 2012’ * Goldman, M., (2005) ‘India’s Tata Group: Shifting Gears’. Available at: http://www.gibsreview.co.za/home.asp?pid=11&toolid=2&itemid=86&reviewid=83 [Accessed: 15th November 2010]. * Hammond, M., (2006) ‘Sector Needs Analysis of the building services engineering sector in the North East’, p.2 * Hollingbery, N., (2007) ‘Tata Steel: A Century of Corporate Social Responsibilities – Organization and Industry Analysis’, pp 4-7. * Johnson, G., Scholes, K. and Whittington, R., (2008) ‘Exploring Corporate Strategy Text & Cases’. 8th edition. Harlow. Pearson Education Ltd. * Kannappan, S., (1958) ‘The Tata Steel Strike: Some Dilemmas of Industrial Relations in a Developing Economy’ The Journal of Political Economy. The University of Chicago Press. 67(5), pp.489 – 507. * Leinwand, P. and Mainardi, C., (2010) ‘Die Stärken des Unternehmens richtig nutzen’. Available at: http://www.harvardbusinessmanager.de/heft/artikel/a-714760.html [Accessed: 27th November 2010]. * Mazumder Mitra, S. and Ghosal, T., (2003) ‘Strategies for Sustainable Turnaround of India Steel Industry’. Volume 84 * QuickMBA (2010) ‘Core Competencies’ * RedOrbit (2007) A Detailed Analysis of Steel Industry in India. Available at: http://www.redorbit.com/news/business/1014628/a_detailed_analysis_of_steel_industry_in_india/index.html [Accessed: 04th December 2010]. * Research and Market (2010) Indian Steel Industry - PEST Framework Analysis. Available at: http://www.researchandmarkets.com/reportinfo.asp?cat_id=253&report_id=585605&p=2 [Accessed: 29th November 2010]. * Schein, E., (1997) ‘Organisational Culture and Leadership’. 2nd edition. Jossey – Bass, p.6. * Scribd (2009) Iron and Industry, Industry Analytics. Available at: http://www.scribd.com/doc/14537439/13/Understanding-the-Steel-industry-using-Michael-Porter%E2%80%99s-Five-Forces-Model [Accessed: 29th November 2010]. * Stacey, R., (1993) ‘Strategic Management and Organisational Dynamics’. London. Pitman Publishing. * Sriwastawa, S., (2006) ‚More Steel for emerging India’. New Delhi. Asia Times Online Ltd. Available at: http://www.atimes.com/atimes/South_Asia/HJ25Df02.html [Accessed: 18th November 2010]. * Tata Steel, (2007) Group Corporate Citizenship Report. * Tata Steel, (2008 / 2009) Annual Report. * Tata Steel, (2010) Group Corporate Citizenship Report. * Tata Steel, (2009) ‘Company Profile’. Available at: http://www.tatasteel.com/corporate/company-profile.asp [Accessed: 12th November 2010]. * Tata Steel, (2009) ‘Development of Employees’. Available at: http://www.tatasteel.com/corporate-citizen/human/development-employees.asp [Accessed: 27th November 2010]. * Tata Steel, (2010) ‘Leadership with trust’. Available at: http://www.tata.com/aboutus/sub_index.aspx?sectid=8hOk5Qq3EfQ= [Accessed: 12th November 2010]. * Tata Steel, (2010) ‘Development of Employees’. Available at: http://www.tatasteel.com/corporate-citizen/human/development-employees.asp [Accessed: 23rd November 2010]. * Tata Steel, (2010) ‘A century of Trust’. Available at: http://www.tatasteel.com/corporate/heritage/a-century-of-trust.asp [Accessed: 14th November 2010]. * Tata Steel Growth Shop, (2009) ‘Key Customers. Available at: http://www.tatagrowthshop.com/corporate/key-customer.asp [Accessed: 25th November 2010]. * Tata Steel Suppliers, (2010) ‘Relationship’. Available at: http://www.tatasteelsuppliers.com/en/relationship/ [Accessed: 23rd November 2010]. * Williams, T. and Green, A., (1997) The Business Approach to Training. Hampshire. Gower Publishing Limited. * Worthington, I. and Britton, C., (2009) ‘The Business Environment’. 6th edition. Harlow. Pearson Education Ltd.