Global Corporate Strategy Assignment - Tata Group

Global Corporate
Strategy

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Portfolio, Integrated Organisation Perspective and Competitiveness.........................................1
Business Model Innovation and Technological Innovation through Strategic Alliances, M&As
.....................................................................................................................................................3
Corporate governance, CSR, sustainability and leadership........................................................5
Personal Reflection on Learning.................................................................................................7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Corporate strategy is refers to a kind of strategical plan which defines the overall
objectives of an organisation along with the direction in which work must be performed to
accomplish the goals. It is a long term plan which clearly defines the vision on which company
works (Rugman and Verbeke, 2017). This report is about Tata Group which is a privately owned
conglomerate of large number of subsidiaries such as Titan Voltas, Tata Coffee, Tata
Communication, Tata global Beverages, Tata power, Tata Teleservices and many more. This
report includes a detail discussion about critical review of portfolio and integration organisation
perspective. In addition to this it also includes brief about business model and technological
innovation through M&A, strategic alliance performed by Tata steel. Apart from this description
regarding the role of corporate governance and CSR in business sustainability and at last
reflection over learning is mentioned.
MAIN BODY
Portfolio, Integrated Organisation Perspective and Competitiveness
Tata Group is a multinational conglomerate holding company which is headquartered in
Mumbai, Maharashtra in India. The companies conglomerate within this group includes Tata
Steel, Tata Consultancy Services, Tata Coffee, Titan Voltas, Tata Communication, Tata
Teleservices, Tata global Beverages, Tata power and many more. The Annual report 2017-18 of
Tata Group was formulated using the Integrated reporting framework which is prescribed by the
International Integrated reporting council (Thompson, Strickland and Gamble, 2015). The main
reason behind adopting this structure to represent annual report of companies is that it help in
provide stakeholders an all-inclusive depiction of company's value creation with the help of both
financial as well as non-financial resources. In addition to this, report also provide an insight to
number of strategies, operating risk & opportunity, operating environment, governance structure
and organisation's approach to long term sustainability. These all get affected by the performance
that an organisation's product exert in market and for this it is very essential for the Tata Group
to manage its product or services effectively in order to gain competitive edge at marketplace.
In today's competitive world and fast changing global business environment it become
very difficult to maintain products or services accordingly as the choice of customer changes
much frequently as number of options available in market. Hence, there are basically two type of
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