Tata ideation challenge deeps laks

Tata ideation challenge deeps laks

• 1.
  Done By Deepti Anand - 12BM60003 Lakshmi Priya Vijay - 12BM60055
• 2.
  Problem Statement Tata Steelis looking for an original idea that will use any aspect of digital technology (cloud, mobile, Android etc. ) to create an application or platform that can be integrated with the strategic management requirements of the company. Identify a need or a gap in the current management architecture of Tata Steel. Information available in the public domain can be used for this purpose. Propose a solution that will show how the current gap can be closed or narrowed significantly. If possible give examples where a similar solution has or is being implemented.
• 3.
  Tata Steel Target: achieve a capacity of 100 million tonnes by 2015 Current Strength : 80,000 people Crude Steel Capacity : 23.5 million tonnes. Present in 50 countries with manufacturing operations in 26 countries
• 4.
  Areas of focus Researchand Development Production Technology Issues Operations and Planning Issues Strategy, Finance issues Marketing Issues Technical Issues
• 5.
  Present Stakeholders • SPECIALISTS •R&D department • LIVE PROJECTS • INTERNS
• 6.
  Improvement Areas • Cost •Time Constraint • Required and Available Skill Mismatch • Postponement of Problem Analysis • Lack of Knowledge & Learning Sharing • Confidentiality issues
• 7.
  Action Plan • Developa platform - networking of employees and facilitate interaction with Specialists. • Specialists as users and employees as moderators. • Implement the solution based on feasibility. • Make quarterly collaterals to assess performance and improve based on the findings and suggestions.
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  Route Map • PostProblems on the network. • Different teams to discuss over threads • Keep Project Specific Dedicated Discussion Thread • Specialists to act as problem solvers. • If necessary arrange Industry visit • Provide feasibility feedback for intermediate report • Accept Multiple Solutions • Implement Based on Feasibility • Rewards the employees for significant contribution • Publish Internally • Publish collaterals quarterly to assess the group of the model
• 9.
  Financial Aspects • WebHosting application to cost around Rs 40000/- • Maintenance cost to shoot upto Rs 75000/- • Cost of reward and recognitions for excellent performance – Rs 80000/- • Miscellaneous cost-head of Rs 250000/-
• 10.
  The Way Forward… •Methodical and Structured approach • Increased Options with Multiple Solutions • Skills to be utilised efficiently • Better Time management • Lessons learnt & best practices.
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  End