Professional Documents
Culture Documents
element of TBEM
“A perfect value consists in doing without witness all
that we could have done in front of the entire world”
•
Values
• Terminal Values
– A lifelong goal or objective that an individual
seeks to achieve (e.g., success or happiness)
• Instrumental Values (virtues)
– A mode of conduct that an individual seeks to
follow (e.g., honest or capable)
• Value System
– The terminal and instrumental values that are
guiding principles in an individual’s life.
Foundation of TBEM - Core
Values
• Visionary Leadership
• Organizational & Personal Learning
• Agility
• Valuing Employees & Partners
• Managing for Innovation
• Customer- Driven Excellence
• Focus on the Future
• Management By Fact
• Focus on Results & Creating Value
• Social Responsibility & Citizenship
• Systems Perspective
TATA - Values and purpose
The Tata Group is one of India's oldest, largest and most
respected business conglomerates. The Group's businesses are
spread over seven business sectors. It comprises 96 companies,
operates on six continents and employs 350,000 people.
Core values
The Tata group has always been a values-driven organisation. These
values continue to direct the group's growth and businesses. The five core
Tata values underpinning the way we do business are:
– Integrity: We must conduct our business fairly, with honesty and
transparency. Everything we do must stand the test of public scrutiny.
– Understanding: We must be caring, show respect, compassion and
humanity for our colleagues and customers around the world, and
always work for the benefit of the communities we serve.
– Excellence: We must constantly strive to achieve the highest possible
standards in our day-to-day work and in the quality of the goods and
services we provide.
– Unity: We must work cohesively with our colleagues across the group and
with our customers and partners around the world, building strong
relationships based on tolerance, understanding and mutual cooperation.
– Responsibility: We must continue to be responsible, sensitive to the
countries, communities and environments in which we work, always
ensuring that what comes from the people goes back to the people many
times over.
Growth of attention to Values & Ethics
Much
Amount of Attention
Little
Phase
PhaseOne:
One: Phase
PhaseTwo:
Two: Phase
PhaseThree:
Three:
Profit-Maximizing
Profit-Maximizing Trusteeship
Trusteeship Quality-of-Life
Quality-of-Life
Management
Management Management
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100%
Phase Three: Quality of Life
75%
Phase One:
Profit Maximization
25%