International Expansion: A Case Study of Tata Group's Management
VerifiedAdded on  2023/06/03
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Case Study
AI Summary
This case study delves into the international management strategies of the Tata Group, highlighting both successes and areas for improvement. It identifies the lack of managerial power in successors as a primary problem, alongside secondary issues like unclear strategies for foreign market expansion and handling acquisitions like Corus. The analysis underscores Tata's strong brand reputation and the potential for growth in Western markets through strategic joint ventures, such as the one with British Petroleum. The study suggests alternative strategies, including business innovation models and consolidated takeover approaches. Recommendations focus on increasing market share in retail, investing in Western markets, and utilizing joint ventures effectively. Implementation, control, and follow-up plans emphasize proper market assessment and monitoring by the executive committee, ideally under the guidance of Ratan Tata before his retirement. The case study concludes by referencing relevant academic sources.
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