Tata Case Study
CASE STUDY- I
TATA CODE OF CONDUCT
The fountainhead of the corporate governance of the Tata Power Company is the Tata Code of Conduct. The Company is committed to abide by it, in its letter and spirit. And the Company has earned the Tata Brand name by virtue of this commitment. It draws its strength from the five Tata values:
Integrity
Understanding
Excellence
Unity
Responsibility
In Tata parlance they stand for –
Integrity
We must conduct our business fairly, with honesty and transparency. Everything we do must stand the test of public scrutiny.
Understanding
We must be caring, showing respect, compassion and humanity for our colleagues and customers around the world, and always working for the benefit of India.
Excellence
We must constantly strive to achieve the highest possible standards in our day-to-day work and in the quality of the goods and services we provide.
Unity
We must work cohesively with our colleagues across the group and with our customers and partners around the world, building strong relationships, based on tolerance, understanding and mutual cooperation.
Responsibility
We must continue to be responsible, sensitive to the countries, communities and environments in which we work, always ensuring that what comes from the people goes back to the people many times over.
The name of TATA says it all. It encompasses the lowest common Tata denominator – the way others see the Tata Group.
Trust
Acceptability
Transparency
Accountability
1. NATIONAL INTEREST.
A Tata company shall be committed in all its actions to benefit the economic development of the countries in which it operates.
It shall not engage in any activity that would adversely affect such an objective.
...
Please login to view the full essay...