Learning outcomes-
- Produce the understanding and apply the relevant theories related to global corporate policies and strategies
- What is meant by the integrated nature of strategy and apply analytical techniques to solve complex problems in real life organisations
- Explain the process of decision making with the help of the critical analysis that in what way does the decision making makes an organisation to associated with the global business environment
- Provide the critical evaluation and monitoring of the business mission, objectives and policies of the international organisations
- Make use of the critical reflective skills in order to point out the impact of understanding on the process of problem solving
Task-
You are required to do a critical analysis of the strategies that is adopted by the global steel manufacturers. Make use of certain theories, techniques and models with respect to module and also showcase the practical aspects of the strategy development
Global steel manufacturing industry-
The metal chose by organisation turns out to be successful when it able to compete by facing challenges and turns the same into favourable aspect. Consider Tata Steel, it was the first time when critical time has come. What mostly affected was the margins. In order to manage the influence of the challenge, the company has been constantly staying alert to the dynamics of the industry.
Read the below mentioned reports of the Tata group and Tata steel
Question-1 Portfolio, Integrated Organisation Perspectives and Competitiveness
Do the critical evaluation of the merits and demerits with respect to adapting the “portfolio organisation perspective” or the “integrated organisation perspective”. Also discuss the possibility of choosing both alternatives by the Tata
Question-2 Business Model Innovation and Technological Innovation through Strategic alliances, M&As
You are required to produce the critical assessment of the ability of the company to acquire and also deploy appropriate innovations and technologies via strategic alliances and mergers and acquisitions. Also tell whether as per you Tata is comprised of the combination of the resources and capabilities in order to bring the digital and mobile technologies altogether in order to achieve the aims and intentions. Also make an assessment of the “Pravesh” to the product portfolio(take into consideration Blue ocean strategy and business model innovation)
Question-3 Corporate governance, CSR, Sustainability and Leadership
By using the aspects like corporate governance, corporate social responsibility, sustainability and relevant management and leadership concepts, do a critical extraction and evaluation of ability of Tata’s senior management team to ensure that the company’s CSR activities contribute to increasing the company’s value in a strategic and sustainable way
Question-4 Personal reflections on learning
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