...TABLE OF CONTENTS S.No. | TOPIC | PAGE NO. | 1 | Introduction | 4 | 2 | Succession Planning | 5 | 3 | The Tata Tale | 8 | 4 | Leadership at Tata | 10 | 5 | Succession Planning Strategies within Tata Group | 13 | 6 | The Mistry Angle | 16 | 7 | Challenges before Mistry | 19 | 8 | … And Why he will survive | 20 | 9 | The Way Ahead | 21 | 10 | Conclusion | 25 | 11 | Appendix: Sample Succession Planning Forms | 26 | INTRODUCTION Look at any research worth its salt and one will find that ‘leadership’ is key to the success of any organization. And it is this which highlights the importance of succession planning. Experts believe succession planning is one of the most important functions of not just the human resources department of any firm but is the responsibility of the entire management. Indeed, the consequences of putting the wrong person in a position may be severe. As popular HR guru Arthur X. Deegan II puts it: “Succession planning is about putting the right people in the right place at the right time.” This perhaps best defines the need and importance of succession planning. The group has chosen to study Tata Group and its succession planning strategies for this project. While we realize that succession planning is a process that encompasses the entire organization, we have – because of the space constraint – limited our report for the most part to only succession planning at the chairman level. That said, we still have taken care to include...
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...RAMOS, ROCELLE GRACE A. BSIE 2-1 The History of Economic Thought and Development Economics E conomic writings date from earlier Mesopotamian, Greek, Roman, Indian subcontinent, Chinese, Persian, and Arab civilizations. Notable writers from antiquity through to the 14th century include Aristotle, Xenophon, Chanakya (also known as Kautilya), Qin Shi Huang, Thomas Aquinas, and Ibn Khaldun. The works of Aristotle had a profound influence on Aquinas, who in turn influenced the late scholastics of the 14th to 17th centuries. Joseph Schumpeter described the latter as "coming nearer than any other group to being the 'founders' of scientific economics" as to monetary, interest, and value theory within a natural-law perspective. Two groups, later called 'mercantilists' and 'physiocrats', more directly influenced the subsequent development of the subject. Both groups were associated with the rise of economic nationalism and modern capitalism in Europe. Mercantilism was an economic doctrine that flourished from the 16th to 18th century in a prolific pamphlet literature, whether of merchants or statesmen. It held that a nation's wealth depended on its accumulation of gold and silver. Nations without access to mines could obtain gold and silver from trade only by selling goods abroad and restricting imports other than of gold and silver. The doctrine called for importing cheap raw materials to be used in manufacturing goods, which could be exported, and for state regulation...
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...Responsiveness High Low Quadrant 1 – Global Strategy, High requirement for integration and low awareness of differentiation. Based on price competition, entry strategy used it often mergers and acquisition. Quadrant 2 – International Strategy. Low requirement for centralised quality check and strategic decision making eliminating the need to adapt to individual countries. Mixed strategy combining low demand for integration and responsiveness. Quadrant 3 – Transnational Strategy. High requirement for integration and differentiation. Emphasizing both global integration and local responsiveness. Quadrant 4 – Multi-domestic Strategy. High requirement for differentiation but low concern for integration. Emphasize on local adaption. 2.1 ANALYSIS Adaption from the Case Studies and Research Cases Tata Group uses two different strategies locally and internationally when dealing with its businesses. Local businesses under Tata Group’ umbrella uses the Domestic Strategy which requires product differentiation base on the local adaption. Such example is the Tata Nano Car and the Tata Ace...
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...DMBA 610 Knowledge Integration Exam Fall 2015 ________________________________________Please read all instructions carefully before you begin. 1) Use the provided Student Exam Answer Sheet. Include your responses to all questions in the column, “Your Response” next to the appropriate question. This ONE Exam Answer Sheet document should be saved with your last name and "final," -- e.g. "Smithfinal"-- and posted in your Assignment Folder no later than 11:59 PM (EST), Sunday, November 15th, 2015. This exam also must be submitted to Turnitin.com It is recommended that you submit your exam to Turnitin.com at least 24 hours before the deadline to allow you sufficient time to address any issues identified in the Originality Report prior to posting your exam in your Assignment Folder. Please note: The exam questions are already included on the Answer Sheet. If the exam content is recognized as non-original by Turnitin, it will be ignored in analyzing your Turnitin report. Do not include any repeat of the exam case content on your Answer Sheet. Only place your answers and references on the Answer Sheet. 2) No extensions may be granted on this assignment; be sure to submit it on time and check to make sure that the document you submitted is readable and what you intended to submit. NOTE: This is an individual assignment. Any discussion or collaboration regarding the assignment constitutes a violation of UMUC's Academic Dishonesty and Plagiarism Policy. If you have any...
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...Cases 4. “The Case Method” - Jeff Sandefer 5. “Classroom Discussion” - Jeff Sandefer 6. “Note on Study Groups” - Jeff Sandefer ASSIGNMENT: 1. PURCHASE THE COURSE PACKET 2. BRING YOUR RESUME TO THE NEXT CLASS 3. BROWSE THE CLASS BLACKBOARD SITE: (HTTP://COURSES.UTEXAS.EDU/) AND LOOK AT THE EXTERNAL LINKS AND COURSE DOCUMENTS POSTED. a. Case Exhibits b. Case Solutions c. Valuation Templates d. Valuation External Links e. Project Information ASSIGNMENT SHEET THURSDAY, JANUARY 19, 2012 CLASS 2 – WORK FOR MONEY OR MONEY WORK FOR YOU? A. Turn in Resume B. Form study groups (self-select 4-6 people with different education, concentration, work experience and cultural background). Send e-mail to the professor with team member’s names. Study teams members must be in same section of the class. C. If you plan to do a consulting project, then start forming a team of four (4) members and looking for a privately held company to analyze. Members can be different than your study team and can be in the other section of the class. D. CLASS LECTURE 1. Definition of Small...
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...Is Childhood Disappearing? 2012 Brendan Dolman Sociology, Unit 3 5/1/2012 Abstract This is a report to look at the social construct of Childhood and whether it is disappearing. This report explores the history of childhood and current socio cultural influences on modern day childhood. Is Childhood disappearing? Introduction I am interested in this subject area because childhood is a social construct which seems to be diminishing from society. This is of particular interest to me because childhood as we know it has only been about for the last century but now it seems that it is once again diminishing from society. I say this because when looking at childhood from 50 years ago and comparing it to childhood today there is a huge difference. Today toys seem to be targeted at children of ages 1-10 years old but not for children above that age (Manhattan Institute for Policy Research). Children seem to be pushed into the spotlight of adult activities such as the fashion and glamour world in the case of beauty pageants (Daily Mail Online 2011). There also seems to be more of a focus on older children playing on computer consoles with violent games which depict realistic and gruesome actions. These computer games also depict real life situations such as the war in Afghanistan and give these older children the opportunity to play as a soldier in this scenario. Content What is childhood? Childhood is not to be confused with being a child, it is a completely different...
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...Industrial Revolution Test Multiple Choice: Choose the best answer for each question and mark it on your scantron sheet. Each question is worth three points 1.) Which of the following factors motivated European nation’s to compete for colonies? a. Nationalism b. Communism c. Socialism d. Urbanism 2.) What was a result of the invention of the cotton gin? a. Slaves were no longer needed b. The need for slaves increased c. Farmers stopped growing cotton d. Cotton production decreased 3.) During the Industrial Revolution, how did the factory owners feel about the formation of trade unions? a. The owners encouraged the unions to form b. The owners did not care about the unions c. The owners did not like the unions d. The owners were excited about the unions 4.) Which of the following is the correct definition for collective bargaining? a. Process of negotiation between the United States and Japan b. Process of negotiation between management and union representatives c. Process of expanding educational opportunities for children d. Process of expanding a nation’s control over another nation with force 5.) Which of the following was included in child labor reforms passed by parliament? a. Increased the hours that children could work b. Restricted how many men could work c. Increased the hours that men could work d. Restricted the hours that children could work 6.) Adam Smith is...
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...International Conference on Technology and Business Management March 28-30, 2011 India’s Demographic Dividend - Issues and Challenges Arun Ingle P B Suryawanshi inglearun@gmail.com pbsurya@gmail.com Pad. Dr. Vitthalrao Vikhe Patil Foundation’s Institute of Business Management and Rural Development, Ahmednagar 1. Introduction India is transforming demographically, in which the population of a nation slows down and life expectancy increases, participation of women in labor force and rate of saving increases. India has its own issues like illiteracy, income disparity, gap between haves and have-nots; etc. This study explores demographic dividend in case of India by studying issues and challenges, the policies to be implemented and lessons to be learned from countries like Japan, Ireland and Thailand. By 2025, India will have over 65% population under working class. This is a unique window of opportunity for deploying resources. This study explores the benefits to be realized and the policies to be implemented; now India is well poised for becoming a super economic power. As all developed nations will have older population by 2026, as their population is aging. It means if India can take the advantage of this situation, by proper deployment of resources, by converting the human potential in to engine of economic growth. This period of demographic dividend is an opportunity for overall growth; it’s not the guarantee for improving the standard of living. This window of opportunity...
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...POSITIONING IS INEVITABLE –A CASE STUDY OF TATA NANO Natasha Saqib Assistant Professor Department of Management Studies, University of Kashmir, South Campus Email –natalie81985@gmail.com Correspondence Address Natasha Saqib C/O Jamsheed Saqib United India Insurance Co. Ltd Divisional Office Regal Chowk Srinagar, Jammu & Kasmir Pincode No 190001 POSITIONING IS INEVITABLE –A CASE STUDY OF TATA NANO Abstract The forces of globalization and technological advancement have rendered the market place highly competitive and complex. The customer's needs, wants and expectations are changing at an exponential rate posing great challenges to the companies. For surviving and thriving in this scenario companies need to develop effective brand positioning strategies .Positioning helps customers know the real differences among competing products so that they can choose the one that is most valuable and useful to them.This is a case study of Tata Nano, one of the most ambitious projects of Tata Motor’s, which was started in 2008. It was envisioned by the Tata Group former chairman Ratan Tata himself. The case focuses on how the initial strategies for launching and positioning Tata Nano as a “People’s Car” backfired and how management recognized its shortcomings and mistakes that led to the wrong positioning of Tata Nano as “Worlds Cheapest Car” among the segment it was created for. And how finally after four years of it commercial launch, understanding the inevitability...
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...Corporate InformatIon Board of directors Mr. Mahesh r. shetty - Chairman and Managing Director Mr. Naarayanan iyer - Non-Independent, Non-Executive Director dr. chhaya shastri - Non-Independent, Non-Executive Director Mr. cyrus driver - Independent, Non-Executive Director* Ms. drushti desai - Independent, Non-Executive Director Mr. Yatin samant - Independent, Non-Executive Director Mr. Uday Lajmi - Independent, Non-Executive Director * Resigned w.e.f. 17 June, 2013 Ms. Drushti Desai (Chairperson) Mr. Uday Lajmi Dr. Chhaya Shastri Board coMMittees audit committee remuneration committee Mr. Cyrus Driver (Chairman)* Mr. Uday Lajmi Mr. Yatin Samant Grievances committee Mr. Yatin Samant (Chairman) Ms. Drushti Desai Dr. Chhaya Shastri shareholders’ and investors’ Mr. Ashwin M. Patel company secretary & Compliance Officer * Resigned w.e.f. 17 June, 2013 BaNkers Citi Bank NA Axis Bank Limited The Shamrao Vitthal Co-operative Bank Limited Chartered Accountants 1/74, Krishna Kunj, R. A. Kidwai Road, King’s Circle, Matunga (C. Rly.), Mumbai - 400 019 statUtorY aUditors shaparia & Mehta iNterNaL aUditors Mukund N. chitale & co. Chartered Accountants 204-205 - A Agrawal Shyamkamal, Vile Parle (East), Mumbai - 400 057 reGistered office 220, 2nd Floor, ‘‘FLYING COLORS’’, Pandit Din Dayal Upadhyay Marg, L.B.S Cross Road, Mulund (West), Mumbai - 400 080 Tel No. (022) 2593 7700 / 800 / 900 Fax No.(022) 2593 7799 Email : info@mteducare.com reGistrar...
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...Bethesda, Maryland 20814 DUNS Number: 196693170 TIN: 52-2108043 November 30, 2011 November 30, 2011 Lloyd S. Blackwell U.S. Department of Transportation National Highway Traffic Safety Administration 1200 New Jersey Avenue, SE Washington, DC 20590 Reference: Sources Sought Notice; Solicitation No. 2012–0100; Quality Review of EMS Performance Measure Data. Dear Mr. Blackwell: Econometrica in partnership with Traffic Safety Analysis Systems & Services (TSASS), Inc., is pleased to submit a Corporate Capability Statement in response to the above-referenced Sources Sought Notice. We believe we offer the Department of Transportation (DOT) highly qualified expertise and capabilities that will benefit DOT in future work projects. Econometrica and TSASS are small businesses, and TSASS is veteran-owned. If you wish to discuss any aspect of this submission, please feel free to contact me at (301) 657-8311. Thank you for your consideration of Econometrica. Sincerely, Econometrica, Inc. Cyrus Baghelai President/CEO Table of Contents Introduction 1 Capability to Meet the Requirements of the Quality Review 2 1. Experience and expertise in working with or partnering with local EMS agencies and State Offices of EMS 2 2. Working knowledge of operational procedures, training, and organizational structures commonly employed by local EMS agencies 2 3. Experience with and expertise in working with NEMSIS compliant data 3 4....
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...INFORMATION, AN ORGANIZATION SIMPLY COULD NOT OPERATE. THIS CHAPTER INTRODUCES STUDENTS TO SEVERAL CORE BUSINESS STRATEGIES THAT FOCUS ON USING INFORMATION TO GAIN A COMPETITIVE ADVANTAGE, INCLUDING: • The core drivers of the information age • Data, information, business intelligence, knowledge • Systems thinking • Competitive advantages • Porter’s Five Forces model • Porter’s three generic strategies • Value chain analysis Many of these concepts and strategies will be new to your students. Be sure to explain to your students that this chapter offers an introduction to these concepts and they will gain a solid understanding of the details of these concepts as they continue reading the text. SECTION 1.1 – BUSINESS DRIVEN MIS Competing in the Information Age The Challenge: Departmental Companies The Solution: Management Information Systems SECTION 1.2 – BUSINESS STRATEGY Identifying Competitive Advantages The Five Forces Model – Evaluating Industry Attractiveness The Three Generic Strategies – Choosing a Business Focus Value Chain Analysis – Executing Business Strategies | | |SECTION 1.1 | |BUSINESS DRIVEN MIS ...
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...Coming of the 3rd phase: Archaic period Archaic Greece (750-500) Re-urbanization happens at the beginning of the archaic period 1. Colonization a. Colonists were selected by lot. b. Metropolis (mater polis) i. Political alliance ii. Economic ties c. Ionia (coast of Asia Minor) d. Sicily iii. Both are major centers of colonization (magna graecia) Trade and commerce would produce tremendous wealth. Phoenicians They see themselves as monopolizing. Rivalry between Phoenicians and these new Greeks. 2. Alphabetic Writing Writing will return to the Greek world during this period. When it does it won’t be like Linear A or B. It will be based on an alphabet that the Greeks borrowed and modified the Phoenicians alphabet. Homer- iconic poet of Greek literature. He came from the region of Ionia. Produced famous epics of the Trojan War. Legends of the great Mycenaean heroes. Different traditions focused on different heroes. Responsible for two of the great monuments. The Iliad and the Odyssey. Achilles Agamemnon Odysseus Hector Ajax Paris Helen of Troy Penelope Important element- arête means excellence. Surpassing Excellence. Achievement, accomplishment. Exceed potential. Also mental. Ex. Odysseus is smarter than anyone else. He outwits Gods. Virtue of this society. Also is very competitive. Forever contending against one another. Individualistic quality. Have to be the best. Character trait...
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...FACULTY OF BUSINESS NILAI UNIVERSITY BACHELOR OF BUSINESS ADMINISTRATION BM 3319 BUSINESS SYNOPTIC 1 TITLE: Case Study: APPLE (Apple’s Profitable but risky Strategy) Prepared by: LAM SOON LIANG BBAMGT 00009666 Date of Submission: 8th December 2014 Question 1: With reference to the case study, provide one example with a paragraph of not more than 5 lines, which clearly illustrates a link between topics or concepts drawn from at least 2 modules you studied. Launched in late 2001, the iPod was followed by the iTunes Music Store in 2003 in the USA and 2004 in the Europe – the Music Store being a most important and innovatory development. iTunes was essentially an agreement with the world’s five leading record companies to allow legal downloading of music tracks using the internet for 99 cents each. This was a major coup for Apple – it had persuaded the record companies to adopt a different approach to the problem of music piracy. With the slogan "Thinnovation" (2008), apple has become the world's most valuable company and one of the world's most valuable brands. Apple has brought three main marketing strategies that help the company to maintain their competitive advantage which can assemble to empathy, focus, and impute (Christine Moorman, 2008). Innovative Competitive strategy is a tool that companies use to achieve competitive advantages which consists of three main strategy low-price, differentiation and focus (Maria, 2012). Low-price strategy...
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...the graduate studies is to acquire a unique experience, to develop more professionally, to sharpen a variety of skills, and to learn some new ones. Graduate education represents mastery of an academic discipline. As distinct from undergraduate education, graduate education provides advance knowledge in the field of study that is characterized by specialized training in the discipline’s theory, research, methodology, and critical analysis. Since graduate education is concentrated, learning is more self-directed and involves more individualized instruction and mentoring than does learning for baccalaureate degree. A master’s degree provides student with the skills necessary to generate new knowledge and to apply existing new knowledge. It also provides student with the professional ethics and values of the discipline. Graduate school is training in research. It is for people who love research, scholarship and teaching for their own sake and for the difference they can sometimes make in the world. (Phil. Agre. 1996). Graduate school generally takes five to eight years. The first year is often the worst. It usually consists of an overwhelming amount of structured reading designed to give general background in the basic text of the particular field. Graduate education requires significant investment of financial and personal resources and students should be able to dedicate themselves much attention and energy. Yearly, the...
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