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Business Environment Assignment - Tata group

   

Added on  2021-04-24

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Running head: RESEARCH IN BUSINESSRESEARCH IN BUSINESSName of the StudentName of the UniversityAuthor’s Note
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1RESEARCH IN BUSINESSTable of ContentsProblem Statement...........................................................................................................................2Aims and Objectives........................................................................................................................3A brief Methodology.......................................................................................................................3Secondary data and data analysis methods......................................................................................4References........................................................................................................................................5
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2RESEARCH IN BUSINESSProblem StatementThe research study provides an overview on the impact of decentralization ofmanagement system on employee’s performance in the Tata group of company. Decentralizationrefers to the systematic delegation of the authority at all level of management in the organization.In decentralization management system, decision making responsibilities as well as dailyoperations are basically delegated to lower level or middle level managers by the topmanagement. Degree of decentralization mainly depends on the extent of authority delegated tolowest level. The Tata group has highly decentralized management system and hence themember organizations have autonomy mainly in terms of strategy as well as operations(Courting EVA via @tatacompanies 2018) This management system benefits the managers ofTata group by reducing their burden of performing different functions. Additionally, it also helpsthe managers to focus on other vital managerial functions. Apart from this, it also facilitates theTata group managers to control as well as supervise in better way since their subordinates havethe authority of making decisions (Weihrich, 2013). As result, this improves both their managersas well as subordinates performance. Furthermore, the executives of the member enterprise ofTata group also develop new talents or the managerial position under this system(Decentralisation 2018). The new talents further provide innovative idea to diversify productsand activities within the business operations. Recent evidences reflects that the Tata group ofcompanies has imbibed new business models, better methods of accounting and innovativestrategies due to their decentralized management system. However, the performance ofemployees improves owing to adoption of innovative strategies and business framework.
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