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GLOBAL PROFESSIONAL DEVELOPMENT PROPOSAL 1 Introduction

   

Added on  2023-04-23

18 Pages4495 Words278 Views
GLOBAL PROFESSIONAL DEVELOPMENT
PROPOSAL
GLOBAL PROFESSIONAL DEVELOPMENT PROPOSAL 1 Introduction_1
1
Table of Contents
Introduction 2
Section 1: Strategic position analysis of the company 2
1. Internal and external analysis 2
2. Strategic position analysis 6
a. Leadership and communication 6
b. Company culture and ethics 7
c. Sector position 7
d. Evaluation of analysis techniques 8
e. Client’s needs 8
3. Identification of main issue 9
Section 2: Recommendations 10
Recommendation 1 10
Recommendation 2 10
Recommendation 3 11
Section 3: Implementation of recommendations 12
a. Leadership style analysis 12
b. Communication with key stakeholders 12
c. Impact of leadership strategy on organisational direction 13
Section 4: Critical reflection 14
Conclusion 14
References 14
GLOBAL PROFESSIONAL DEVELOPMENT PROPOSAL 1 Introduction_2
2
Introduction
One of the most renowned global companies at the present is the TATA group. It is an
Indian conglomerate. It has its headquarter in Mumbai India. It operates in diverse
market sectors, to be more precise seven which are engineering, materials, chemicals,
energy, communications, consumer products and information technology. The company
was founded by Jamsetji Tata in 1868. It began as a trading company. Presently the
company has its presence in 80 countries spread across the continents. They have a
portfolio of 100 companies independently. The combined market value for the entity was
evaluated to be $144 billion in 2018.
Section 1: Strategic position analysis of the company
1. Internal and external analysis
For internal analysis, the SWOT matrix has been used. It is compact, brief and to the
point.
GLOBAL PROFESSIONAL DEVELOPMENT PROPOSAL 1 Introduction_3
3
Strength Weakness
Diversified portfolio and experience
of operating in seven major
industry sectors
The company has a strong culture
and is guided by a clear vision.
The resources required by the
company are easily available.
They enjoy a strong position in the
micro environment.
The TATA group has been plagued
by its reliance on the weak
channels of distribution that it has.
They are also not profited by the
lacking value chain innovation.
The macro environment in which
the group operates is very
unstable.
Opportunities Threats
TATA group has been heavily
profited by the emergence of
markets that have a strong as well
as stable economy.
Exporting is a big opportunity for
the TATA group.
The company also has an
opportunity to invest in innovation
and development of newer
products that can suffice consumer
demand.
TATA has been enjoying a slew of
opportunities that seem to be
unlimited due the strategy of
acquisitions and mergers of global
companies.
Since TATA group is a
multinational company, perhaps
the biggest threat is the political
uncertainty which results in crime
and corruption.
The global economy has been
fluctuating which means the
currency rates have not been
stable for a very long time.
The logistics and transportation
costs of the operations are
definitely affected by the changing
fuel prices.
The existence of free market is
also a threat to TATA group.
GLOBAL PROFESSIONAL DEVELOPMENT PROPOSAL 1 Introduction_4

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