This document outlines Tata's leadership practices and values. It describes Tata's core values of integrity, excellence, understanding, unity, and responsibility. It also identifies 14 leadership practices grouped into business results, people, and three clusters that exemplify superior performance within Tata. These leadership practices are behaviors that help create leaders with a global perspective who deliver sustained performance and live the Tata values. The practices are described at different management levels to help identify leadership potential. Aligning the values with specific leadership practices provides guidance for developing leaders consistently across Tata.
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Tata Leadership Practices Booklet
This document outlines Tata's leadership practices and values. It describes Tata's core values of integrity, excellence, understanding, unity, and responsibility. It also identifies 14 leadership practices grouped into business results, people, and three clusters that exemplify superior performance within Tata. These leadership practices are behaviors that help create leaders with a global perspective who deliver sustained performance and live the Tata values. The practices are described at different management levels to help identify leadership potential. Aligning the values with specific leadership practices provides guidance for developing leaders consistently across Tata.
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Tata Leadership Practices
How do we create leaders who have a global perspective, deliver sustained performance and live the Tata Values? 2 Contents Tata Values Globalization and the Business Imperatives Tata Leadership Practices TLPs & Leadership Talent Using TLPs Context Concept Using TLPs 3 The Foundation Leadership With Trust
The Groups growth and businesses continue to be driven by its five core values Responsibility Integrity Excellence Understanding Unity 4 Tata Values Integrity We must conduct our business fairly, with honesty and transparency. Everything we do must stand the test of public scrutiny. 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. Understanding We must be caring, show respect, compassion and humanity for our colleagues and customers around the world, and always work for the benefit of the communities we serve Unity We must work cohesively with our colleagues across the Group & 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. 5 Growth and Leadership through Global Competitiveness Value Creating Acquisitions Non-Cyclical New Businesses Domestic Dominance Global Competitiveness The Group Today: Business Focus Context Concept Using TLPs 6 Our Key Need How do we create Leaders who have a global perspective deliver sustained performance live the Tata Values? 7 Increasing the Groups Leadership Bench Delivery of consistent high performance across Geographies Time Assignments
How the high performance is delivered : What behaviour will underpin sustained performance? These behaviours are described through the Tata Leadership Practices. 8 Leadership Behavior Behavior
Skills Knowledge Personality Motives Attributes Attitude Traits Values VISIBLE More assessable through observation WHAT IS UNDERLYING Difficult to assess TLPs What is demonstrated consistently in day to day activities. What people around the leaders see. 9 The Tata Leadership Practices A set of behaviors that is required for superior performance in the Tata context
Excellent performers on-the-job demonstrate these behaviors much more consistently than average or poor performers.
TLPs provide us with a way to define in behavioral (output) terms what we need to do to produce the results the organization desires and do so in a way that lives our values and builds our culture. Context Concept Using TLPs 10 Tata Leadership Practices Business Results People Three Clusters 11 Tata Leadership Practices Business Results People Takes Ownership People Development Interpersonal effectiveness Building Effective Teams Withstanding Pressure Managing Vision & Purpose Strategic Capability Dealing with Ambiguity Business Acumen Functional Excellence Drive for Results Customer Focus Timely Decision making Innovation Management Fourteen Success Factors 12 TATA LEADERSHIP PRACTICES Junior Middle Senior Top Business Managing Vision and Purpose Aligns goals Sets priorities for success Steers the vision Creates vision and purpose Strategic Capabilities Plans contingencies Imagines best practice Creates breakthrough strategies Scopes strategic intent Dealing with Ambiguity Judges probabilities Explores options Pioneers through uncertainty Leaps into the future Business Acumen Plans to add value Optimises value Creates new value Senses opportunities for new value Functional Excellence Learns & uses knowledge for improving practice Learns and uses knowledge for operational excellence Learns and uses knowledge for business innovation Learns and uses knowledge for creating strategy Results Drive For Results Plans, controls and reviews the work team activities to deliver goals Creates high performance work systems built on best practice to deliver business goals Leverages organisational capability to deliver results Develops the global business capablity to satisfy stakeholder demands Customer Focus Collaborates with customers to add value Explores and satisfies market demands Senses new business opportunities Stimulates New Market demands Timely Decision Making Defines and resolves problems Intervenes to optimise systems Crystallises strategic choice Commits to strategic pathways Innovation Management Evaluates and improves service to customers Leads and improves business operations Capitalises on business growth opportunities Champions and steers business innovation People Takes Ownership Accountable for professional judgement Accountable for integrity systems Accountable for coherence of strategic choice Accountable for wisdom of policies People Development Grows and develops others Stimulates and supports a learning culture Reviews organisational capability and fosters talent Builds future capability Interpersonal Effectiveness Engages and influences others Creates an empowering climate Projects an inspiring presence Fosters a network of collaborators Building Effective Teams Motivates and represents the team Creates inter-team synergy Commissions patterns of teamwork Unifies the enterprise Withstands Pressure Handles demands of operational conflict Handles demands of complex systems Handles demands of innovation and change Handles demands of complex and adverse world Each success factor of the TLPs is translated across management levels 13 How TLPs help to chart Potential An example of a manager at Middle Management level having potential for senior management level Middle Senior Top Takes Ownership Accountable for integrity systems Accountable for coherence of strategic choice Accountable of wisdom of policies Certainly Now good sense of Some grasp of Customer Focus Explores & satisfies market demands Senses new business opportunities Stimulates new market demand Yes Discusses & understands Not really creating yet 14 15 Tata Values and TLPs Integrity We must conduct our business fairly, with honesty and transparency. Everything we do must stand the test of public scrutiny Accepting responsibility for the consequences of your decisions and actions (25) Following through on commitments that you have made (26) Confronting conflict situations in an honest and direct manner (27) Consistently demonstrating high levels of integrity in your daily contacts with others (28) Going to bat for your direct reports when you feel they are right (37) Being willing to speak out on issues even when your view is unpopular (40) Understanding We must be caring, show respect, compassion and humanity for our colleagues and customers around the world and always work for the benefit of India Spending time with customers or those who have direct contact with customers (8) Actively looking for ways to increase value and satisfaction for the customer (9) Having a clear idea of what works in the market place (11) Understanding the strategic implications of decisions (17) Managing change in a thoughtful and well planned rather than reactive manner (19) Being genuinely concerned about people development (29) Working with others to continuously improve their personal performance (33) 16 Tata Values and TLPs 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. Demonstrating extraordinary levels of energy and effort (1) Establishing high performance goals and standards (3) Making decisions based on what is best for the customer (7) Rewarding people for trying new things rather than punishing them for mistakes (10) Demonstrating awareness of changing industry and market conditions (22) Keeping up to date with leading edge developments in your field or function (23) Demonstrating a high level of skill in your functional area (24) Challenging people to stretch themselves (30) Unity We must work cohesively with our colleagues across the Group & with our customers and partners around the world, building strong relationships based on tolerance, understanding and mutual cooperation. Actively looking for ways to increase value and satisfaction for the customers (9) Establishing a climate of openness and trust -35 Establishing team or group goals as well as individual goals (42) Demonstrating a balance between the individual and the team - is a good team player (43) Encouraging people to collaborate with others in the Tata Group (44) Encouraging an open exchange of ideas and different points of view. (46) 17 Tata Values and TLPs 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. Solving immediate problems without sacrificing long- term results (5) Focusing your time and energy on the most important priorities (6) Communicating an exciting vision for of the future for the business (13) Helping people understand how their jobs contribute to the overall success of the business (15) Giving people candid, even-handed feedback on how they are doing on their jobs (31) Being supportive and helpful in your daily contacts with others (32) Being open and candid with people rather than being vague or indirect (38) Handling pressure smoothly and effectively (39) 18 19 When values and principles are applied consistently, they become behavioral habits and this enables the fundamental transformation of people, of relationships and of organizations. 20 How TLPs Work TLPs Knowledge Understands market pricing dynamics TLP Demonstration (#24) Demonstrates a high level of skill in his/ her functional area Skill How to set up new product introduction process TLP Demonstration (#11) Has a clear idea of what works in the marketplace Motives/ Attitude Integrity wants to work in an honest and direct manner TLP Demonstration (#28) Consistently demonstrates high levels of integrity in daily contact with others 21 Using TLPs Performance Management
Potential Assessment
Leadership Development Planning
Context Concept Using TLPs 22 TLPs: Managers Radar Chart 0 1 2 3 Drive For Results Timely Decision Making Customer Focus Innovation Mgmt. Managing Vision and Purpose Strategic Capabilities Dealing with Ambiguity Business Acumen Functional Excellence Takes Ownership People Development Interpersonal Effectiveness Withstands Pressure Building Effective Teams 3: Strength 2: Neither strength nor OFI 1: OFI 23 Results Business People Leadership Development by Level Frontline Management Middle Management Top Management 24 Benefits of TLPs TLPs provide a "road map" for the range of behaviors that produce excellent performance. It helps:
Drive Tata Values
Companies "raise the bar" of performance expectations;
Teams and individuals align their behavior with key organizational strategies; and
Each employee understands how to achieve expected performance standards
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