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Year end note: Tata chief stresses on simplification, synergy to employees

December 27,2017      views

Editor: Adam Zhang

Dec. 27, 2017 - In his year end note, N Chandrasekaran, chairman, Tata Sons Ltd asked Tata employees to focus on synergy, scale and simplification as the $105-billion salt-to-software conglomerate seeks to play a significant and influential role in India's growth story and on the global stage.

“With our diversified global footprint and our presence in the lives of almost a billion consumers, we are uniquely positioned. In order to achieve peak performance, we must focus on three things: simplification, synergy and scale,” he wrote in the two-page note

This is his second letter to employees since he stepped in as chief. The Tata-lifer took charge of the top job amid a bitter legal battle between Cyrus P Mistry, who was suddenly ousted as the chairman on 24th October, 2016 and Tata Sons.

Setting the tone for the new year, Chandra emphasised upon the need to simplify amid a rapidly changing world to bring in agility in decision making, he mooted on the need to adopt the “One Tata” approach that leverages collaboration between group companies and associates. "“One TATA’, to my mind, is a mindset that brings the best of the Group together for every opportunity. It is a journey that will allow us to discover the art of the possible when we work together,” he wrote.

As a conglomerate that has a presence in myriad sectors with each presenting significant opportunity for growth, Tata companies need to scale through growth, consolidation and collaboration. “These efforts must be unequivocally underpinned by a culture of high performance and accountability,” he wrote. The collaboration, he added, will also enable the Tata Trusts, which has been working in areas that include education, healthcare and technology, to make a larger impact.

As part of the larger strategy, Chandra and his core team has been firing on all cylinders ---from disentangling the complex cross-holdings of group companies to taking calls on troubled debt-ridden units such as Tata Teleservices Ltd and Tata Steel Europe, to executing the strategy that involves simplification and streamlining of operations.


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