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Chandra urges Tata employees for simpler structures, synergy
Mumbai, Dec 26 (IANS) Tata Sons Chairman N. Chandrasekaran has exhorted employees to focus on scale, synergy and simplification to enable the multinational giant realise peak performance.
In his year-end letter to Tata Sons employees, Chandrasekaran said the Group needs to make its management and organisation structures simpler and impactful so as to reduce complexity across businesses, helping it respond and react faster, as well as bring agility and make the decision-making process faster.
“With our diversified global footprint and our presence in the lives of almost a billion consumers, we are uniquely positioned. In order to achieve peak performance, we must focus on three things: simplification, synergy and scale,” he wrote in his second letter to the employees since he became Chairman earlier this year.
He underlined the need to simplify structures in the context of a rapidly changing world to bring in agility in decision making, as well as on the need to adopt the “One Tata” approach that leverages collaborations between group companies and associates.
“‘One Tata’, to my mind, is a mindset that brings the best of the Group together for every opportunity. It is a journey that will allow us to discover the art of the possible when we work together,” he said.
As a group that has a presence in many sectors presenting significant opportunities for growth, Tata companies need to scale through growth, consolidation and collaboration, the Chairman said.
“These efforts must be unequivocally underpinned by a culture of high performance and accountability,” he wrote.
Noting that the Tata Trusts, which have the majority stakeholding in Tata Sons, are working in sustainable and meaningful projects, Chandrasekaran said the company’s collaboration will enable the trusts to make a bigger impact.
“The Tata Trusts and the Tata Companies have created an environment beyond the traditional ideas of philanthropy and are working closely on sustainable and meaningful projects, including those related to skill development, women’s empowerment, cancer research, healthcare and education.
“Going forward, we can make an even larger impact as we collaborate,” he added.
Group companies have already been undertaking simplification and streamlining operations as part of the overall strategy to reduce debt.
Tata Steel has merged its UK business with German steelmaker ThyssenKrupp, while Tata Teleservices has sold its loss-making mobile business to Airtel.
–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.
Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.
During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.
On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”
Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.
It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.
Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.
Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”
On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”
The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.
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