Form Overcoming Cultural Barriers to Change Moving to a high performance culture How will you get round the barriers? How does your organization approach change? Do people respond with a sharp intake of breath when they first hear about a proposed new initiative‚ and then go on to try and find reasons why it won’t work? Or do they react by saying things like "What a great idea‚ and we could also.." In other words‚ is your corporate culture against or for change? Corporate culture is a powerful
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TATA & CORUS (A case of Acquisition) COMPANY’S PROFILE TATA STEEL • Founded in 1907‚byJamsetji Nusserwanji Tata. • Tata company listed on BSE and NSE and employs about 82700 (2007) people. • started with a production capacity of 1‚00‚000 tones has transformed into a global giant . • Its revenue in 2005-2006 was 5.0 billion US $. • It has a main steel plant located at Jamshedpur. • The Company also has three Greenfield steel projects in the states of Jharkhand‚ Orissa and Chhattisgarh.
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The Tata–Corus Merger: A Visionary Deal or a ‘Winner’s Curse’? During the last decade‚ Tata Steel took forward plans to hone their growth as a steel manufacturer through a series of global acquisitions. In turn‚ their initiatives allowed them to grow far beyond the domestic market and service the growing global demands for steel. For both India and Tata Steel‚ the biggest foreign acquisition to date was that of the Corus Group‚ a European steel manufacturer headquartered in the UK
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ancient civilization dated 9000 B.C. It is the Atlantis‚ an island of great civilization‚ larger the Libya and Asia combined together which sunk into the depth of the sea in just one night. The question is whether this is just a myth or it really existed? The story was taken from Plato’s dialogues‚ Timaeus and Cristias‚ which the latter was never completed due to unknown reason and thus had created millions of doubts over the centuries. Based on Wikipedia‚ it is stated that Plato first mentioned Atlantis
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Case Study analysis TATA-CORUS:- Q.1. What are the benefits of the TATA-CORUS merger deal to the stakeholders of TATA Steel and the stakeholders of CORUS? Evaluate the post-merger security with the help of CAPM Model. A.1. On January 31st‚ 2007 India’s Tata Steel acquired Corus‚ the erstwhile British Steel Major at a price of 608 pence per Corus share totaling $12.1 billion/ Rs 54‚000 crore/ £6.1 bn‚ which was five pence per share higher than the offer of Brazil’s CSN (Companhia Siderugica Nacional)
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Diagnostic Barriers to success in college When attending college withers a new student or old‚ there will be barriers in the way. These roadblocks can appear in various ways during a student’s career in college. The barriers can be anything from money‚ or attendance‚ and even time management. The key is to recognize the walls and overcome them to succeed. First‚ issue for many students is money. It’s not cheap to attend college‚ but colleges have many ways of helping out their students. One
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Effects of climate change on Great Barrier Reek Rising sea temperature Rising sea temperatures have adverse effects on the Great Barrier Reef (Johnson and Marshal 2007). According to Johanna and Marshal (2007)‚ increased temperature has a significant role in destroying aquatic life because sea animals have a particular body heat limit to survive in the ocean. As a result of enhanced heat‚ this limit has extended beyond that limit (Laugh and Hobdy 2011). For example‚ 8 years ago summer weather was
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The case of Tata Steel acquiring Corus throws up several interesting questions on emerging multinationals and traditional multinationals in the steel industry and particularly the complexities of the acquisition in the above context. What has been surprising in the above case is that how could a small steel maker‚ Tata Steel from a developing country like India buy up a large steel company‚ Corus PLC from the United Kingdom. Prior to the acquisition‚ Corus was four times bigger than Tata Steel. However
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Tata Steel and Corus Deal Tata Steel Europe (formerly Corus)‚ a subsidiary of Tata Steel‚ last fortnight announced that it is restructuring its construction steel business‚ which will affect 500 jobs. This sent out another signal that Tata Steel is grappling with an acquisition which -at $13 billion- was too expensive and came at the wrong time. In 2007‚ the demand for steel was at its peak in Europe. A little over a year later‚ it plummeted‚ thanks to the economic meltdown triggered by the collapse
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Trying to listen to more than one conversation at a time‚ this includes having the television or radio on while attempting to listen to somebody talk; being on the phone to one person and talking to another person in the same room and also being distracted by some dominant noise in the immediate environment. You find the communicator attractive/unattractive and you pay more attention to how you feel about the communicator and their physical appearance than to what they are saying. Perhaps you simply
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