Monday, January 27, 2020

Analyzing Leadership and Motivation Styles at Tata Steel

Analyzing Leadership and Motivation Styles at Tata Steel As we all know that the steel is an important item which implies the evolution and prosperity of any nation .The steel industry is basically a start-up for the development of any country .For an overall growth of India ,which is emerging as an expeditiously industrialized country ,it was very essential to accomplish the technological change in the making of iron and steel .Today ,some of the top nations which produces steel are developing countries .For instance ,China is one of the largest steel producing country in the world .Indias position is tenth as mentioned in Wilhelm 1998,Steel Scenario Yearbook,1998.India being a large deposit of iron-ore ,a low labour workforce ,highly qualified manpower resources but still it could not generate the required thrust in order to bring the technological changes. Developing countries cannot always afford to build up or extend their own technologies .They need sometimes to bring technologies from other developed countries .The characteristics of socio-economic factors of India have greatly influenced the technological growth of the country in general .India turn out to be having a good technology base and also has developed a high level of adequate quality in the areas of information technology ,atomic energy and space sciences. In such case when India was emerging to be a developing nation,I would like to state about one of the leader whose leadership skills and motivation styles took India to great level of technology and growth and prosperity features. Jamsedji Nusserwanji Tata was one of the leader whose continuous innovations led India to develop a lot.He was born in a Parsi family on march 3,1839. At the age of 14,he came to Bombay and in 1868,at the age of 29,he started a private trading firm with a small capital of Rs 21,000.During this period,he travelled a lot to various places which inspired in him the desire to set up a bankrupt oil mill and then he convert it into cotton mill where cotton goods were manufactured and was named as Alexander Mill.His continuous efforts and inspirations led him to develop and launch few mills which were supported by Indian shareholders.He was a unique personality.He not only thought about the innovative ways to manufacture textiles and gain profit from them but he also devised new labour practices which satisfied his employees.He always mentioned that its not just his personal success but also for all those employess who have worked for him. Jamshedji was such a nationalist who made significant remarks of the industrial revolution and came to the conclusion that the economic self-sufficiency should go hand in hand with political independence and thus he then made three important basic ingredients: the steel is very important and can be addressed as the mother of heavy industry; hydroelectric power was the cheapest energy to be generated and finally, the technical education. A report on the rich iron ore deposits in India highly motivated him to set up a steel plant for the nation.He researched for years about the process of making the steel and also travelled to Europe and the US for technical advice from other revolutionary thinkers and nationalists.Due to his leadership skills,he was able to set and start a steel plant.The Tata iron and Steel was formed in 1907,in Jamshedpur,in Jharkhand.Also in 1892,he endowed an investment for deserving students for their higher education in abroad.He basically envisioned a national system of education and research institutes in the fields of science and technology,medicine,philosophy and arts. Unfortunately,he was not able to achieve all the three key ideas that he had in mind during his lifetime.The achievement he had was that he had completed Taj Mahal. The Tata Iron and Steel Company grew rapidly and by 1911,its production increased upto 70,000 tons of iron per year .According to the Dictionary of National Biography,the entire industry would support 60,000 workers and their dependants which was truly a high number.Jamshedji was renowed for his enthusiasm embrace innovations and use them not only to improve not only his business but also the lives of the Indian people.He was the first man in India to use rubber tires on his carriage and the first to drive an automobile in the Mumbai city.As the Dictionary of national Biography noted,he characteristically showed ,first,an extensive imagination and keen perception,next a scientific and calculating study of the project and all that is involved and finally a high capacity for organization.He was a man of simple values and perceptions and he scorned publicly or self-adverstisement.Though he passed away by the time,his spirits and efforts were carried forward by his son RD Tata and his co usin Dorabji. Jamshedji was a man whose leadership skills and motivations styles made the plant established,thought about the welfare of his employees.He not only envisioned a emphasized and dynamic workforce but he also envisioned a planned city with a lot of greenery around. Leadership according to JRD meant motivating others, As a chairman,my main responsibility is to inspire respect. According to JRD,the quality had to match innovation.He repeatedly stressed , If you want excellence ,you must aim at perfection. The symbol T has to be the symbol of quality.He was the man who was known for his renowed brand comprising the total quality of the Tata group. Tata too believed in the positive Pygmalion effect towards his employees.He asked the question ,if the workers or employees were being treated exceptionally well,why were they frequently discontented and suspect and hostile towards the company? According to Tata,the viewpoint of any successful labour policy depends upon making the employees feel what they wanted. He was a man who continuously believed in the positive Pygmalion effect which led to a great extension of the Tata group with the help of all the motivated and inspired employees. Thus Tata Steel became one of the earliest companies in India who had a dedicated human resources department.JRD was Indias most well known industrialist,widely respected for his massive contribution to the development of Indian Industry and aviation in particular.Some of the leadership skills about JRD Tata can be stated as follows :approachable,realistic,charismatic,courageous,compassionate,supportive towards innovation,aware of a sense of responsibility,committed to values and a visionary.Jamshedji and Tata both proved themselves to be an authentic leaders and had set a vision for Tata group. Tata Iron and Steel set up in 1907 comes under Tata group which is a private multinational firm with its headquarters at Mumbai.The present chairman is Ratan Tata who took over from JRD Tata in 1991.With the continuous efforts ,its operations covers many fields related to industry,application engineering,information technology,communications,materials,automotive,chemical energy,telecommunications,softwares,hotels,steel and consumer goods. Mission: The aim of the Tata Group is to improve the quality of life in the society by virtue of integrity,understanding,excellence,unity and responsibility. The Tata Group is 150 years old.It currently comprises 96 operating countries,which together employed some 357,000 people worldwide and had enough revenues of US $ 72.5 billion (Feb 2009).It exports products and services to one hundred and forty nations.The Charitable trust of Tata holds 65.8% of the ownership of Tata Group.The production in Tata Steel actually started in 1912 and produces steel at the lowest cost in the world.In 1910,the Tata Hydro-electric Power Supply company was set up. Today the extension of the Tata Group is really remarkable.Tata offers management,economic and financial services.It offers great services in investments and market shares.It is linked to consumer durables like tea,watches,gold,diamonds ; information and communication systems like TCS,Nelco,Tata Infotech,VSNL,Tatanet. Current Financial Crisis: Due to the global financial market crisis,the demand in the steel and its related products has led a drop down.But Tata Steel has still expressed the tendancy for the best possible outcome about retaining its position as one of the worlds largest steel makers.According to media reports ,in October 2008,company vice president ,Partho Sengupta claimed that Tata steel was deliberately well planned to handle the current financial crisis. Awards and Achievements: The Tata Steel was awarded Deming Application Prize in 2008 for Total Quality Management. It is very clear that the leaders are very clear about what they are making and also very flexible about how it gets made.The leaders can make and remake organizations.Jamshedji and Tata were such leaders who were succeeded in embarking on brand building expedition and whose goal was to unify the distinct and diffuse enterprise . Tata brand has strengthen its leadership position on all parameters and those parameters includes knowledge of the business environment,dynamism,workplace quality,quality of products and services ,consistency,reputation and renowed. The Tata Group can be called as a unique assest which represents Leadership with Trust. It provides complete management and financial resources to emerge and develop globally competitive skills to succeed in this endeavor.Tata has strong values where vision and mission comprises of ensuring growth and developing sustainable value to all stakeholders.It mainly focus on the culture of sustainability.It believes in collaboration mea ns it believes in achieving success through teamwork,within employees and partners.Its values composes of care or concern about the well being of its employees and bettering its standards continuously with passion and pride. According to Ratan Tata,in addition to good leadership and management,loyalty must be earned by managers and employees.Hes gentle,kind manner give rise to loyalty and yet he encourages his manager to make tough decisions. I am highly inspired by the leadership skills and motivating styles of such great leaders who have really worked for the growth and prosperity of the nation.Their inspirational motivations associates them to commit to the vision of the organization which in turn had also encourage the employees to reach the goals.I firmly believe that their innovations and creativity had really has a challenging effect on the normal beliefs of the people.They are the real leaders who had individual consideration with each of its associates which help them to reach goals of the organization.Today the Tata group is a renowned company which inspires confidence in its employees,encourage employees to volunteer to perform tasks and high employee satisfaction.This is the reason why the leading brand of Tata group is able to maintain its position and becoming better with its own authenticity.Today,Tata deals with its costumers worldwide countries like China,Japan,Malaysia,Singapore,France,Germany. It is ver y true that the teamworks within any organization helps businesses to overcome all kinds of problems whether it is internally or externally.Moreover,corporate teamwork covers the whole information on how people can expand their knowledge through teamwork and how teamwork helps organization build and grow.Tata is a global growing company where employees keep emerging with their ideas of innovation.The big reason for this is the brand recognition of Tata.According to the Economist blogs,Tata has interests ranging from mineral water to steel.It has also become the symbol of Indias growing overseas.Its transformation into global scale is very large.

Sunday, January 19, 2020

Business to business system in supply Chain extension Essay

In the aerospace sector, manufacturers are making strategic efforts to consolidate their supply base and forge stronger relationships with remaining suppliers (Stundza, 1999). For example, Boeing consolidated and standardized its supply contracts and plans to reduce its number of suppliers from 3,100 to 2,700 (Stundza, 2000b). Bowman (1998) notes that within the last year in the logistics industry shippers are increasingly bidding at the corporate level. More of them are making decisions by committee, whittling down their international provider base to a bare minimum. For example, he notes that about 40 percent of the global accounts of APL Ltd. , a worldwide logistics provider, had some type of logistics council or centralized body for purchasing, strategizing, and decision making. 8 To set the stage for PSM change, innovative customers are conducting comprehensive, corporate-wide spend analyses 9 to better understand their primary sources of expenditures and to then target their PSM improvement initiatives (e.g. , quality, speed, or cost effectiveness) on those goods and services that represent their largest and most strategic expenditures (see Owens et al. , 1998, and Laseter, 1998). 10 Customers are also stratifying their supply base by effect on results and level of strategic risk and then matching the specific management approach and type of relationship formed with particular suppliers to (Moore, Baldwin, Camm, and Cook 2002, 6 – 7). The truth of the matter is that the chains grew because they introduced a method of retail distribution for which there was a definite need and which the old wholesaler-retailer system failed to supply. To what extent the old system was inherently deficient and to what extent its shortcomings could be and have been corrected must be discussed now, not for the sake of stressing the imperfections of a competitive system but in order to contrast certain features of the chain-store system. The ideal distribution system would bridge the gap between production and consumption with maximum efficiency at minimum cost. Without any question, the outstanding inherent defect of the old wholesaler-retailer system lay in the fact that, under it, the wholesale function and the retail function are performed by separate, independent factors, whereas, under the chain-store system, the two functions are, to a major extent, combined. In no sense does the chain-store system eliminate the wholesale function: it still has to be performed, but, whereas under the old system the wholesaler exercised no control over his retail outlets nor did the retailer have any control over his sources of supply, under the chain-store system both functions are performed by the same organization and the control is unified. That this basic difference between the two systems has been partly nullified by the development of voluntary chains of various kinds is true. But the fact remains that such organizations did not come prominently into the picture until the chains had established themselves on a firm basis. When the chains were making their greatest strides, the old wholesaler-retailer set-up provided their principal competition. Reduced to its simplest terms, the main result of the essential difference between the two systems lies in the fact that under the old plan it is necessary for the wholesaler to sell to the retailer before the merchandise can find its way into consumption. Under the chain-store system, this intervening selling process, with all its disadvantages, is obviated. (Lebhar 1963, 87- 88) â€Å"In 1981, standards for shipping containers were adopted; these facilitated the extension of the UPC into the emerging supply chain processes then appearing in both manufacturing and retailing industries. One of the reasons that the UPC had to spread grew out of the fact that not all goods sold in grocery stores were food; they included health and beauty aids, household cleaners, and so forth, which came from other industries. To take full advantage of the technology, the Grocery Industry wanted others to adopt the symbol as well. During the 1980s and 1990s, that was what happened. † (Cortada 2004, 299) a. Keywords ? GDP = the growth development project is one of the most important factors in determining the standing of the country in terms of their economic inflation. ? e-buisness = is one of the most popular business internet market the products here are quite fast in the presentation to the client or so called the customer. ? Probability of UK GDP = this is something to do with the computation of the GDP of UK. This will reveal the trends of the UK if the economic inflation will fall or ascent. ? Linear regression= is the model that will suit in some computation for economic studies. This will also lead the person to identify the trends of the business to the market place. b. Basic Definitions and Terms The following terms were formulated for more understanding: ? Business to business (B2B) = It refers to the business situation and ? Inflation = This means that †¦.. ? Information technology = This refers to †¦.. c. Primary Sources d. Map out Important Areas e. Originality f. Review Conclusion.

Saturday, January 11, 2020

‘Of mice and men’ Several Characters Essay

Q: In ‘of mice and men’ several characters show they have hopes and dreams of a better future. Explain why you think this is what the character gain or lose from their dreams. A dream is something you indulge in, to escape for a moment from life. This seems to be the circumstance that John Steinbeck intended his characters in Of Mice and Men to dream in. They are all craving for something – in the case of George and Lennie, that something is land. They are not the first travelling ranch hands to summon up images of their own land, or of being their own bosses. This dream is similar to the Great American Dream, that you can achieve anything if you have the mind and desire to do it. However I will explain how the characters in ‘Of Mice And Men’ gained and lose from their dreams. To begin with, the two main characters, George and Lennie. Their dream is to have call their own land, but that is mostly George’s dream, Lennie wants to look after the rabbit, since he likes to tend soft things. Lennie is introduced in the novel as a animal imagery, ‘a huge man, shapeless of face, with large, pale eyes, with wide, sloping shoulder; and he walked heavily dragging his feet a little, the way bears drag his paws.’ He acts like a little child and he looks up to George as guidance. At times George wishes he didn’t have to put up wit Lennie, but you realise that they cant live without each other, they need each others company, ‘I got you to look after me, and you got me to look after you.’ Yet carrying on about George and Lennie’s dream, there is a gain and lose of the dream. They have a sense of hope, ‘we got a future. We got somebody to talk to that gives a damn about us.’ This means by George and Lennie having each other, the there would be a sense of hope with their dream, for their future, for them to look forward together. During their bad times at the ranch, they have the dream to look forward to, which the dream gives a sense of purpose, to escape from reality. When their dream will come true, they will be free from prejudice; they wouldn’t have anyone treating them with disrespect. Also one of the most important facts that George will gain is to be in charge of own destiny, a sense of ownership, ‘an’ it’d be our own.’ He has an idea of the kind of place he is looking for, ‘got a little win’ mill. Got a shack on it, an’ a chicken run. Got a kitchen, orchard, cherries, apples, peaches, `cots, nuts, got a few berries. They’s a place for alfalfa and plenty water to flood it. They’s a pig-pen†¦.’ However there is a lose of this dream, a lose of hope and touch with reality. When they arrive at the ranch where they will be working the first person that they meet is an older gentleman named Candy. Candy has lived a long and hard life on the ranch and has nothing to show for it. During his time on the ranch he has lost his hand, grown old, and feels that he has become worthless. The name â€Å"Candy† is an interesting one for this character though. When you think of candy you see children eating it while running around in the yard having a good time without a care in the world. This is the exact opposite of what the character in the novel is. The restless fiend of age has caught up with him and he is not able to move as fast as he once did; even his dog is unable to move about. Candy and his dog have good bond relationship; they have each other like George and Lennie. When George and Lennie reveals their dream, Candy become interested and wanted to share the dream, ‘s’pose I went with you guys. Tha’ three hundred an’ fifty bucks I’d put in. I ain’t much good, but I could cook and tend the chickens and hoe the garden some. How’d that be?’ Candy wants to share this dream since he wants to be use, since how candy’s dog was treated. His dog was killed, since it was no use and candy doesn’t want to be useless.

Friday, January 3, 2020

Essay on The Heroes Among Us - 910 Words

It’s a bird, it’s a plane, no its Superman! You remember these comic book heroes don’t you? For decades comic book characters such as Superman, Spiderman, Batman, and Wonder Woman have captured the imaginations of American children and adults alike. â€Å"Superheroes† they have been coined. But these figures only exist in our imaginations. Batman is not really there to save us from villains such as the Joker and the Riddler is he? Because these heroes are fictional, we are left without real life heroes, or are we? There must be heroes or there would never b e a peaceful night’s rest, we would be afraid to go outside for fear of being hurt, and our life would be lived in a constant paranoia that something or someone is going to kill us. But,†¦show more content†¦When you remember these things you notice all the love behind them. They protected you from the horrors in the world as a child, didn’t want to take away the innocence by let ting you know that not everyone gets bedtime stories, or that some children don’t have a home or parents. They do so much for you that when you stop and take a look, you can see that they were your heroes from the very beginning. Ever been driving down the road, possibly with a child in the backseat, and all of a sudden the wail of a siren blast through the air and you pull off the road? Within seconds you see flashing lights and a police car or fire truck speeds past you and, without thinking about it, you just witnessed heroes in action. That child in the backseat will probably never forget the event. The first time many teachers or parents hear a child say, â€Å"I want to be a policeman/firefighter when I grow up,† it’s because this child has seen policemen and firefighters in action. 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