cross sector analysis of wipro and jindal steel

8/3/2019 Cross Sector Analysis of Wipro and Jindal Steel

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Represented by: (Group 02)

Bhuvan Gupta

Srikanth ThummaJainy Gohel

Mayank Gajjar

CROSS SECTOR ANALYSIS OFWIPRO AND JINDAL STEEL &

POWER


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-Wipro Ltd. is a company that sells soaps, light bulbs, hydraulic machinery, and

vegetable oil. But most importantly, it provides technical support, writes and edits

software, and is an outsourcing company.


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WIPRO

VISION:

To be among the top 10 Global IT and BusinessProcess Outsourcing(BPO) service companies

MISSION:To be a trusted partner to clients by providing

transformation and System Integration(SI)services

Achieve thought leadership in emergingtechnology areas

Be perceived as a leader by relevantstakeholders among global IT service and BPO

providers.


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VALUES:

The values on which Wipro is built is called THESPIRIT OF WIPRO. These values are the

guiding principles for the culture and behavior atwipro. They bind it together and inspire to achieve

excellence in whatever it does which are:

Intensity to win Make customers successful

Team, Innovate, Excel


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Contd..Act with senstivity

Respect for Individuals

Thoughtful and responsible

Unyielding Integrity

Delivering on commitments

Honesty and fairness in action


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Group companies of Wipro:

Wipro Infrastructure Engineering: It has emergedas the leader in the hydraulic cylinders and trucktipping systems market in India.

Wipro Infotech: It is one of the leadingmanufacturers of computer hardware and a providerof systems integration services in India.

Wipro Lighting: It manufactures and markets theWipro brand of luminaries. Wipro Lighting offers

lighting solutions across various application areassuch as commercial lighting for modern work spaces,manufacturing and pharmaceutical companies,designer petrol pumps and outdoor architecture.


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STRATEGIC OBJECTIVES Differentiated approach to growth and

investments

Client centricity

Co-creating value proposition along with clients

To Innovate

Expects its next acquisition to be in the region of500m as it continues its aggressive global

growth strategy and aims to reach a target of7bn annual turnover by 2011.

The company would continue to add to the eightsuccessively larger acquisitions it had made in

the past five years as one of its main strategies


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Contd

The company's other strategies include the organicgrowth of existing services and expansion throughpartnerships and alliances.

Wipro is reducing its dependency on Indiantechnically-skilled labour market skills pool byrecruiting in countries like Brazil, Mexico and even theUS.

In the rest of Europe, Wipro was aiming mainly atacquiring companies that provided niche service lines

such as SAP support. Enterprise-wide quality culture for continuous

improvement


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Contd

Wipro Technologies is a global services providerdelivering technology-driven business solutionsthat meet the strategic objectives of clients.

A strong emphasis upon building a professionalwork environment, leaders from within, and

having a global outlook for business and growthhave led to innovation of people processes on acontinued basis.

Wipro began moving towards focusing on Quality,thereby, creating a learning environment that ledto implementation of Six Sigma.


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Contd

Cross saving for customers

Growth Envisaged Across the Range of Serviceslike consulting, IT enabled services/BPO,package implementation, infrastructureoutsourcing etc ..


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Excellence

through sharedvalues


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Sound business35-66Clear strategy


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JINDAL STEEL & POWER VISION To be a globally admired organisation that enhances the

quality of life of all stakeholders through sustainableindustrial and business development

MISSION

Aspire to achieve business excellence through:

The spirit of entrepreneurship and innovation

Optimum utilisation of resources

Sustainable environmental friendly procedures andpractices

The highest ethics and standards

Maximising returns to stakeholders

Positive impact on the communities


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VALUES

Passion for people

Business excellence

Integrity, Ownership and sense of belonging

Sustainable development


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STRATEGICOBJECTIVES

JSPL has consistently tapped new opportunitiesby increasing production capacity, diversifyinginvestments, and leveraging its core capabilitiesto venture into new businesses

To attain accelerated momentum towards multi-dimensional growth

To sustain and improve upon operational andfinancial performance, while remaining steadfast

to deep-rooted values that have nourished theorganisation since inception.

Followed geographic diversity and technologycollaborations with other companies across world.

Six Sigma has helped improve the acceptability ofrails


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Contd To retain the best of talent, target-rating

distribution and rewards are meticulously adheredto.

Reduce dependence on import of crude

oil/petroleum products

Maximize Diesel production (60-70 % Diesel)

Establish environment friendly CTL Project with a

strategic fit to Indian Coal (High Ash). To Cover global market and having its presence

in Bolivia, South Africa , Indonesia, India, Congo,Oman , Africa-Mozambique and eyeing for

more.


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ANALYSIS OF COMPANYS

COMPETITIVE POSITION:

The cross sector analysis gives us a interestinginsight into strategic objectives of the said companiesof which one is a IT major and the other is a Steelmajor.

OUR VIEWPOINT on the success Story: Wipro has enabled rapid access to customers,

domain knowledge and a larger territorial footprint towiden channels to market, which would otherwise

take much longer to achieve. Wipro is the first IT major to employ six sigma

programs and has one of the most mature Six Sigmaprograms in the industry ensuring that 91% of the

projects are completed on schedule, much above theindustry average of 55%.


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Contd Driving a big movement toward globalizing

delivery model.

A surge that reflects its desire to become a trueglobal technology powerhouse.

JSPL:

JSPL has successfully implemented its strategicobjectives which leads to its increasedcompetitive position around the globe whether itincludes geographic diversity or foreign

collaborations.


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Contd.. JSPL is committed to create and sustain a high-

performance work culture, with people at theheart of all strategy.

It has been successful to reduce the dependence

on oil and petroleum products and is foccussedmore towards greener and efficient outlook of thecompany.

Quite successful in expanding the global footprint

cross sector analysis of wipro and jindal steel

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