2. INTRODUCTION :- Company profile
• Established in 1907, Tata Steel is Asia's first and India's largest private
sector steel company. Tata Steel is among the lowest cost producers of
steel in the world and one of the few select steel companies in the
world that is EVA+ (Economic Value Added).
• Tata Steel is the world’s 6th largest steel company with an existing
annual crude steel production capacity of 30 Million Tonnes.
• Tata Steel has a balanced global presence in over 50 developed
European and fast growing Asian markets, with manufacturing units in
26 countries.
• Tata Steel`s Jamshedpur (India) Works has a crude steel production
capacity of 6.8 MTPA which is slated to increase to 10 MTPA by 2010.
3. • Determined to be a major global steel player, Tata Steel has recently
included in its fold NatSteel, Asia (2 MTPA) and Millennium Steel (1.7
MTPA) and also acquired Corus creating a manufacturing network in
eight markets in South East Asia, Europe and Pacific countries.
• While the Company is focused in the pursuit of its operational goals, it
is also committed to being a good corporate citizen. Tata Steel extends
support to the economically underprivileged not by charity but by
strengthening and empowering them with expertise and knowledge. It
community outreach programmes covers the Tata Steel managed city
of Jamshedpur and over 600 villages in and around.
4. Heritage:-
• The Founder - Jamsetji Nusserwanji Tata (1839-1904)
• Jamsetji Nusserwanji Tata ranks among the greatest visionaries
of Industrial enterprises of all time.
• With the most extraordinary imagination and prescience, he
laid the foundations and became a key figure in India’s industrial
renaissance.
• A pioneer in town planning, he was mainly responsible for
modernizing Bombay and conceived a steel town to the very last
detail, later to be named Jamshedpur, after him.
• Pioneers - Sir Dorabji Tata (1859-1933)
• J N Tata had exhorted to his sons to pursue and develop his life’s
work; his elder son, Dorabji Tata carried out the bequest.
• It was Jamsetji Tata who had envisioned the projects, it was in
fact Dorab Tata who actually brought the ventures to existence.
He was the first Chairman of the gigantic Tata enterprises.
The great labour strike in 1920 in Jamshedpur ended in a day
due to his intervention. It demonstrated India could have no
better employer of labour than Sir Dorab.
5. Jehangir Ratanji Dadabhai Tata(1904-
1993)
JRD Tata has been one of the greatest builders and
personalities of modern India in the twentieth
century.
He assumed Chairmanship of Tata Sons Limited at the
young age of 34; but his charismatic, disciplined and
forward-looking leadership over the next 50 years
and more, led the Tata Group to new heights of
achievement, expansion and modernization.
He was the pioneer of civil aviation in India. In 1932, he
introduced air transport in the country--the
enterprise later became Air India.
Government of India conferred the highest civilian
award of the land, Bharat Ratna to JRD Tata in 1992.
6. M.D:- B. MUTHURAMAN
Indian Society for Quality has conferred upon Mr. B
Muthuraman, Managing Director, Tata Steel, the prestigious
Jamsetji Tata award for the year 2008
7. VISION 2007
• We will make the steel business into an EVA
positive one by 2007 – 08 through new
initiatives, to be called ASPIRE, in all relevant
areas of our business.
• We will continue to be the lowest cost producer
of steel in the world by continuous
improvement, benchmarking and up gradation.
.
• We will strengthen our partnerships with our
customers and suppliers, and create mutually
value creating opportunities.
• We will accelerate our efforts to provide a work
environment that will ensure a sense of purpose
and personal growth for each individual. We wish
to see the smile on every face every day.
• Encourage innovation. Creating an atmosphere
where risk taking is encouraged and failures in
attempting stretched targets is B. MUTHURAMAN
8. • We aspire to be the global steel industry
benchmark for Value Creation and Corporate
Citizenship.
We make the difference through:
• Our people, by fostering team work, nurturing
talent, enhancing leadership capability and acting
with pace, pride and passion.
• Our offer, by becoming the supplier of choice,
delivering premium products and services, and
creating value with our customers.
• Our innovative approach, by developing leading
edge solutions in technology, processes and
products.
• Our conduct, by providing a safe working place,
respecting the environment, caring for our
communities and demonstrating high ethical
9. QUALITY POLICY
• Consistent with the group purpose, Tata Steel
shall constantly strive to improve the quality of
life of the communities it serves through
excellence in all facets of its activities.
• We are committed to create value for all our
stakeholders by continually improving our
systems and process through innovation,
involving all our employees.
• This policy shall form the basis of establishing
and reviewing the Quality Objectives and
shall be communicated across the
organization. This policy will be reviewed to B.
MUTHURAMA
N
align with business direction and to comply Managing
Director
10. HUMAN RESOURCE POLICY
• Tata Steel recognises that its people are the
primary source of its competitiveness.
• It is committed to equal employment
opportunities for attracting the best
available talent and ensuring a
cosmopolitan workforce.
• It will pursue management practices
designed to enrich the quality of life of its
employees, develop their potential and
maximise their productivity.
• It will aim at ensuring transparency, fairness
and equity in all its dealing with its B.
MUTHURAMA
employees. Managing
N
Director
• Tata Steel will strive continuously to foster a
11. SOCIAL ACCOUNTABILITY
POLICY
• Tata Steel, in accordance with its founding
principles, will continue to improve the
quality of life of its employees and the
communities it serves.
• Tata Steel will conduct its business ever
mindful of its social accountability,
respecting applicable laws and with regard
for human dignity.
• Tata Steel will positively impact and
influence its partners in fosteringMUTHURAMAN
B.
a sense of
Managing Director
social commitment for their stakeholders.
13. ASPIRE has become Tata Steel’s brand for
improvement through involvement of its employees.
On 1st of Nov, 2006 Tata Steel re-dedicated itself to
ASPIRE with the objective of emphasizing the role of
improvement initiatives in Tata Steel’s ever growing
aspirations with focus on TOC, TQM & Technology.
The ASPIRE T3 focuses on motivating the employees in
using TOC (Theory of Constraints), TQM (Total Quality
Management), and Technology thus taking the company
towards global excellence.
While TOC is primarily being applied to improve service
quality for our customers, TQM is focusing on improving
the consistency and capability of our process to deliver
superior quality products. Through Technology focus we
want to improve our capability for New Product
14. Improvement Initiatives
The company is currently on an accelerated
change management journey through
ASPIRE T3 for meeting its global aspirations.