Case Study Analysis: High-Performance Characteristics and Agility in Tata Steel Limited BUS6042

Objective: In this assessment, the student will identify concepts or characteristics of a high-performance organization and explore how the nominated assessment organization might maximize the application of those characteristics. Such characteristics include:

workforce composition and structure,

talent management,

governance,

risk management structures

CSR,

organizational performance management, and

responsiveness and organizational structure.

The student will draw from the content of the first section of the unit, related literature, and contemporary articles from reputable sources. In this assessment, you will:

utilize selected characteristics and the preparation of an individual report including evidence of applications of these characteristics in the nominated assessment organization, and

devise recommendations for implementation within a high-performing organization.

Assessment Task 1 Case Study Analysis

Brief description of assessment task Students will identify essential characteristics of a high performing organization and research a nominated assessment organization and critically discuss how various characteristics can enhance the organizations performance.

Detail of student output 2,500-word written document

ULO1:Identify and evaluate the key concepts and characteristics impacting high performing organisations

ULO2:Research and analyse the impact of external environmental factors that shape the performance of organizations

Assessment Case - Business Profile Summary

The information in this document is presented to a basic level only. You are expected to complete significant further research on the organisation for your assessments.

The same company is the relevant case study for both thecourses.

Tata Steel Limited

Basic Information

Incorporation year 1907, India Tata Steel Limited is an Indian multinational steel-making company based in Jamshedpur, Jharkhand, and is headquartered in Mumbai, Maharashtra, India. It is a subsidiary of the Tata Group.

Formerly known as Tata Iron and Steel Company Limited (TISCO), Tata Steel is among the top steel-producing companies in the world with an annual crude steel capacity of 34 million tonnes per annum. It is one of the world's most geographically diversified steel producers, with operations and commercial presence across the world. (TataSteel.com | About us)

Headquarters Mumbai, Maharashtra, India Type Public Limited CEO T.V. Narendr an Employee count ~32,000 Revenue ~INR1,42,700 crore (20192020)

Vision

Vision: Aspire to be the global steel industry benchmark for Value Creation and Corporate Citizenship.(TATA Steel | Corporate | Vision, Mission & Values, 2021)

Mission:

Consistent with the vision and values of the founder Jamsetji Tata, Tata Steel strives to strengthen Indi as industrial base through the effective utilization of staff and materials. The means envisaged to achieve this are cutting-edge technology and high productivity, consistent with modern management practices.

Tata Steel recognises that while honesty and integrity are essential ingredients of a strong and stable enterprise, profitability provides the main spark for economic activity.

Overall, the Company seeks to scale the heights of excellence in all it does in an atmosphere free from fear and thereby reaffirms its faith in democratic values.(TATA Steel | Corporate | Vision, Mission & Values, 2021)

Company Profile

The Tata Steel Group has taken giant strides across geographies, putting its products into the hands of customers located in the far corners of the world. It has built facilities and operations in every region, creating jobs for millions of people. With a diverse portfolio, the brand Tata Steel is today visible in multiple industries and segments. (TATA Steel | Corporate | Company Profile, 2021)

Companys Presence

India

Tata Steel was established in India as Asias first integrated private steel company in 1907. With this, it developed Indias first industrial city at Jamshedpur. Today, they among the leading global steel companies. The annual crude steel capacity across Indian operations is nearly 18.2 MTPA with an annual turnover of INR 82,125 Crore in FY 2020. They set up our second greenfield steel plant in the eastern state of Odisha; commissioning the first phase (3 MTPA) of8M tonnes of steel capacity in 2016. TATA Steel possesses and operates captive mines that help them maintain cost-competitiveness and production efficiencies through an uninterrupted supply of raw material.(TATA Steel | Corporate | Company Profile, 2021)

Europe

Tata Steel is the second-largest steel producer in Europe with a crude steel production capacity of over12.1 MTPA. It established its presence in the European continent after acquiring Corus in 2007. The manufacturing facilities in Europe comprise hubs (Strip Products Mainland Europe, Strip Products UK, and Downstream Operations) and integrated businesses (Plating and Cogent Power). They have two integrated (blast furnace-based) steel-making sites in Ijmuiden, the Netherlands, and Port Talbot, South Wales respectively. Other facilities across Europe produce a variety of special steels, ultra-pure re-melted steels, and various rolling and coating lines.(TATA Steel | Corporate | Company Profile, 2021)

South-East Asia

Tata Steels operations in South-East Asia began in 2004 with the acquisition of NatSteel, Singapore. The operations are run by NatSteel Holdings Pte Ltd., a wholly-owned subsidiary of Tata Steel. In 2015, TATA Steel acquired a majority stake in Thailand-based steelmaker Millennium Steel, which strengthened the South-East Asian operations. TATA Steel is concentrating its efforts in the region to grow our value-added products and services portfolio while strengthening our key steel operations in Singapore, Thailand, and China.(TATA Steel | Corporate | Company Profile, 2021)

Overview Article for the Assignment Context

Go through this essential article to prepare your assessments.

McKinsey & Company, How a steel plant in India tapped the value of data and won global acclaim(Link)

Video Sources:

Dr Sanjay Chandra, Chief, R&D and SS, 2017,Tata Steel talks about Mind Over Matter Innovation Challenge(Link)

TATA Steel director, 2019,The ISA Steel Conclave(Link)

Kalinga nagar, 2019,Where Development Means Sustainability(Link)

Rajiv Kumar Soni, 2019,Tata Steel producing 400 thousand tons wires per year (Link)

Tata Steel, Senior Leadership, Technology, 2018,WeAlsoMakeTomorrow(Link)

Assessment Structure

Exercises throughout course one will be used as preparation for the final assessment paper. In effect, the exercises will form components of your final paper. A brief regarding the assessment is given below.

Assessment title: An analysis of an organisations preparedness for agility and sustainable competitive advantage.

Details

Analysis of the main components that an organisation addresses or could address to maximise its capacity for high agility to support sustainable competitive advantages addressing core concepts and principles.

In addition, explore what the nominated organisation can do to enhance its collective agility.

Analyse the characteristics of a highly agile organisation and the implications for the Nominated Organisation.

Analysis of the governance, risk management and ESG/CSR requirements for a highly agile organisation and the implications for the Nominated Organisation.

For the Nominated Organisation,

Analyse organisational structure that supports organisational agility and the implications with a view to recommending an enhanced organisational structure for 2025 or justification to retain the current structure

Recommendations

Appendix and References

Report Structure

The assignment is to be structured as a report as follows.

Introduction

Body of the paper

Address the core concepts and principles of an agile organisationand the essentials of ESG and risk management practices.

Address the three core questions above for the nominated assessment organisation.

For the specific organisation

The agility of the organisation to adjust to future workforce requirements and the expansion of AI.

The Governance structures and practices of the organisation including its capacity to manage risk, and any areas for enhancement.

The extent the organisation engages in ESG / CSR and where the modification could be made for enhancement

The effectiveness of the underpinning structure of the organisation as it operates today

What might the workforce and structural requirements be for 2025?

Note: There is an expectation that the body of the paper will be supported by tables, diagrams or figures to underpinned the presented discussion.

For example. PFB

Conclusion

Recommendations

What recommendations do you offer to enhance the sustainable competitiveness of the nominated organisation from your analysis?

Recommendations should be clear and concise. For example, it is recommended that:

The Nominated Organisation develop a talent attraction and retention program by the next financial year, or

The Nominated Organisation review the organisational code of code to seek stronger levels of workforce engagement.

Reference list

It is anticipated that 20 plus references will be used for the paper.

Appendix

Assessment Criteria

Your assessment will be based on the following criteria:

Performance Criteria Weightage

Identification and evaluation of existing /potential organisational characteristics impacting on high performance organisations 40%

Identification and evaluation of relevant high performing organizational Characteristics that apply to the nominated case study 40%

Development of appropriate recommendations and interventions 10%

Appropriate acknowledgment of information sources 10%