swot analysis of tata steel
DESCRIPTION
This is SWOT analysis of Tata Steel company which is a company of Tata Group.TRANSCRIPT
TATA STEELValues stronger than steel
By- Rajat GandhiTY BBARoll No.- 22
About the Tata steel• Established by- Dorabji Tata on August 25, 1907.• By 1939 it operated the largest steel plant in the
British Empire.• Name changed-from TISCO to Tata Steel (2005)• It was the 1st co. to established labour welfare
Like 8 hour working day, free medical aid, establishmenT of welfare department, schooling facilities for children
KEY PEOPLE
Mr. Cyrus MistryChairman of Tata
Group
Mr. B. Muthuraman Vice Chairman
Ms. Mallika Srinivasan
Non Executive Director
Mr. H. M. Nerurkar Managing Director
Mr. Nusli Neville Wadia
Non-executive director
Products of Tata Steel
SWOT
• A SWOT analysis is a framework
for the organization or Firms in
strategic planning, which is used
for internal and external factors
that can help them facilitate the
decision making.
• Strength-
What advantages do they have that others don’t have? (for example, skills, education or personal industry connections)What makes company standout from its
competitors?
• Weakness- Which areas are causing concerns?
Which issues can be avoided?
• Opportunity- How can the company be more innovative ?
Which are the new markets or consumers that can be tapped?
• Threats- Are there any new competitors emerging in the industry ?
What are the issues that threatens the company’s position ?
@ Strength
Collieries- West Bokaro and Jharia (Jharkhand)
Iron ore units- Noamundi, Joda and Katamandi in the states of Jharkhand and Orissa.
Brand- Tata Steel connect with ethical & social approach of TATA group it self.
Network- Corus, Millennium Steel (Thailand) and NatSteel Holdings (Singapore).
@ Weakness
Restructuring of Tata steel Europe plant, 400 cuts in job
Restructuring of Blast furnace at Talbot port.
June
June-2014• Income- 10611.76
• EBIT- 2906.10
• PAT- 2267.98
May-2014• Income- 12244.17
• EBIT- 3700.09
• PAT- 1978.64
• 6th largest manufacturer of Steel.
Low cost of production
• New government comes with hopes of opportunities.
@ Opportunity
• Odisha plant ferro alloys plant is shut own due to unavailability of Raw material.
• Decreasing demand of Aerospace steel.
@ Threats