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PGBM16 Global Corporate Strategy | Assignment

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University of Sunderland

   

global corporate strategy tata group (PGBM16)

   

Added on  2020-03-13

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PGBM16 - The following paper critically asses and evaluate the strategies that are used by global steel manufacturers to response to dynamic and changing international business environment. The dynamic global business environment is quite challenging that require key players in the industry. To remain competitive or to have a competitive advantage over other competitors in the steel manufacturers, Tata Steel industry have developed various strategies and business models. 

PGBM16 Global Corporate Strategy | Assignment

   

University of Sunderland

   

global corporate strategy tata group (PGBM16)

   Added on 2020-03-13

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Running head: Global Strategy Management 1GLOBAL STRATEGY MANAGEMENTStudent NameInstitution
PGBM16 Global Corporate Strategy | Assignment_1
Global Strategy Management 2Executive summaryGlobal strategy management offers insight into the international business environmentthat is characterized by dynamics business conditions. This is similar with the global steelmanufacturing enterprise that requires high strategy management since the commodity is one ofthe vital commodities that drive most economies in the world. Tata Steel remains one of the keyplayer in global steel manufacturing environment. As a company, Tata steel company can adoptthe portfolio organization and integrated organization perspective. In order to face the dynamicinternational environment, Tata Steel came up with one of the business models whose majorfocus is innovation. Tata Steel developed a structured corporate governance guideline thatfollows laws and ethical standards. The company also has corporate social responsibilityguidelines that ensure that the company is managed in line with its corporate social responsibilityvision. Sustainability aspect refers to managing social, financial and environmental risk to fitboth human and environment. The leadership framework of steel manufacturers is coined withenabling innovative ideas and communication linkage between different players or partners. Thisassessment has changed my understanding of the Global Steel Manufacturing Industry andstrategic players such as Tata with their strategies to respond to dynamic business environment.
PGBM16 Global Corporate Strategy | Assignment_2
Global Strategy Management 3Table of ContentsIntroduction.................................................................................................................................................3Question One: Portfolio, Integrated Organisation Perspectives, and Competitiveness................................4Integration of both portfolio and integrated organization model..............................................................6Question Two: Business Model Innovation and Technological Innovation through Strategic alliances, M&As..........................................................................................................................................................7Question Three: Corporate governance, CSR, Sustainability and Leadership.............................................9Corporate Governance...........................................................................................................................10Corporate Social Responsibility (CSR).................................................................................................10Sustainability.........................................................................................................................................11Leadership.............................................................................................................................................12Question Four: Personal reflections on learning........................................................................................12Conclusion.................................................................................................................................................14References.................................................................................................................................................15
PGBM16 Global Corporate Strategy | Assignment_3
Global Strategy Management 4IntroductionInternational business can sometimes become dynamics given the changes in portfolioperformance in the market.The International business environmentmay include multinationalenterprise. Steel is a vital component that drives most of the economies throughout the world.Therefore, most global steel manufacturers play an important role in development of mostcountries and any challenges in the international business environment has a critical effect on themost economies. The dynamic global business environment is quite challenging that require keyplayers to in the industry. To remain competitive or to have a competitive advantage over othercompetitors in the steel manufacturers, companies have developed various strategies andbusiness models. One of the key players of steel manufacturers industry is Tata Steel industrythat has more than 30 tons of steel products annually. The following paper critically asses andevaluate the strategies that are used by global steel manufacturers to response to dynamic andchanging international business environment. Question One: Portfolio, Integrated Organisation Perspectives, and CompetitivenessIn the report released by the Tata steel, the company is able to respond to the challengingenvironment. The Tata steel company can adopt both portfolio organization and integratedorganization perspective. Integrated organization perspective or model ensure different areas anddepartments are properly coordinated in accordance to corporate governance. Portfolios, on theother hand, involve diversification of company portfolios in order to evenly distribute resource(Goergen 2012, pp. 104–105).
PGBM16 Global Corporate Strategy | Assignment_4

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