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business groups. Tata Group's cite is substitutable with India's industrialization. The Group dedicated The India her first steel plant, hydroelectric plant, inorganic chemistry plant and produced a reservoir of scientific and technological workforce for the nation. It's faiths have established the Tata Institute of Social Sciences in 1936; India's first cancer infirmary, the Tata Memorial in 1941, and in 1945, the Tata Institute of Fundamental Research, and further became the provenance of India's Atomic energy program.
seven business sectors such as, information systems and communications, engineering, materials, services, energy, consumer products, and chemicals. The Group has operations in more than 54 countries across six continents, and its companies export products and services to 120 nations. As the Tata Group is a worldwide concern operating in more than 100 countries with thousands of products, there is almost no industry which seems to be untouched by the group.
AIM
Tata Group's aim is to meliorate the quality of life of the communities it serves.
Tata Group has played a pioneering role in a variety of areas
after India's independence. It is widely esteemed for the initiatives it has collected in different fields for the upheaval of the country. Its contribution to India's education, science and technology is widely documented and appreciated.
standards in its day-to-day work and in the quality of the goods and services it provides. Unity: It works cohesively with its colleagues across the group and with our customers and partners around the world, building strong relationships based on tolerance, understanding and mutual cooperation. Responsibility: It continues to be responsible, sensitive to the countries, communities and environments in which it works, always ensuring that what comes from the people goes back to the people many times over.
STRENGTHS
WEAKNESSES
Value Chain Distribution Macro Environment
OPPORTUNITIES
THREATS
Free market Low barriers Globalisation of economy
STRATEGIC INTENT
Strategic intents, refers to the intention of a business to coordinate and drive the whole of the organization towards predetermined sets of goals or objectives. The current strategic intent of Tatas is acquisition and mergers of other businesses globally. In addition- the group intends to acquire the raw material industries in first place to serve the other industries with a value added and low price of material.
?
HIGH
STAR
AUTOMOBILE CHEMICALS TEA
CASH COWS
POWER STEEL OIL & GAS
DOGS
INFORMATION SYSTEM COMMUNICATIO N
LOW
HIGH
LOW
POLITICAL FACTORS
Current Government Government Policies Current Government Regulations, Rules and regulations of
other governing Bodies(ILO, WTO, UN, etc.) Government ventures acting as competition for home product (e.g.. SAIL for TATA Steel and MTNL for TATA Indicom) Internal or International Wars or conflicts if any. Interruption from terrorist organizations or anti-social elements, and Government actions against them. Government bias towards competitors company or political corruption leading to frustrating disturbances
ECONOMIC FACTORS
Current economical status or condition. Current Economic Trends. Current Interest/Exchange Rates General and Specific Taxation Policies (Towards certain products) Overseas change or fluctuation of economies. Any Inflation or Depression or Recession if prevalent in the economy. International trade or monetary issues. Sudden rise or fall in volumes or rates of Export and Import Products
SOCIAL FACTORS
Lifestyle Trends Demographic consumer attitudes and opinions. Media Trends Change in laws or policies affecting social factors. Certain product or service being collectively acclaimed or frowned upon by the society. Consumer Buying patterns and behaviors. Ethnic/religious sensitivity of the society. Quality and attitudes of working class of the society. People Buying capacity (PPP), Standard of living of the people and willingness to change or switch products or services. Distinct or Change in Fashions, Styles and Trends
TECHNOLOGICAL FACTORS
Competing Technology development. Research funding. Associated or Dependent technology. Consumer buying mechanisms or technology. Use or adoption of Automation or Robotics for production and functioning processes. Achieving certain Standardizations or Grades on account of Adopting technological developments. General use of technology and development for increase in profitability and competitive edge