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Tata Group

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1.0 Source Problems
Being able to maintain Tata Groups core values and vision; during a time of uncertainty in the economy and in the internal organisation as well.

2.0 Secondary Problems
These problems can be identified separately as short or long term problems. Whereby the short term problems are ones that can be solved and addressed currently or instantly, whereas long term problems having to take some careful planning and analysis and require solutions that are spread out over a couple of years instead.

Short-Term Problems
2.1 It is known that the current chairman of Tata Group, Ratan Tata is close to stepping down from his position and retiring. With this, comes the challenge of identifying a suitable and qualified …show more content…

Otherwise it would defeat the purpose and vision that Ratan Tata had originally envisioned for them. Currently, the group is bound together by the small staffs of Tata Sons and another holding company, Tata Industries. These two, chaired by Ratan Tata, provide strategic vision, control the Tata brand, and lend a hand on big deals. There is a need for more of the other smaller companies and subsidiaries to get involved and actually be a part of the growth, instead of taking a backseat and just going through the motion.

With the Tata Group constantly seeking new opportunities in various industries, their levels of CSR have been affected but not drastically. As CSR has been known to be a very important factor in the way the Tata Group does its business, they have continued to ensure that their targets on this front are met. However, with the economy slowing down in recent times (The Economist 2011), CSR might not take such a high priority in the way that business and operations are going to be run. It is seen that their contribution to social welfare and environment-related projects for the financial year of 2010-2011 was still considerably high at USD$59.7 million (Tata Group 2012).

It is said that Ratan Tata will retire in December 2012. So far, news is that Cyrus Mistry will be his successor (The Times of

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