The Transformation of Tata Group to the Biggest Conglomerate in South Research Paper

The Transformation of Tata Group to the Biggest Conglomerate in South East Asia - Research Paper Example A change agent is an individual or group who undertakes the process of creating and managing change in an organization. Change agents can be internal, such as employees or managers or it can be people appointed to oversee the change process. In many large organisations and companies driven by innovation, both employees and managers are trained to build up the skills needed for managing the process of change (Tschirky, 2011). Change agents also can be external, such as consultants from outside the firm. The most important contributions that a change agent can make are by sustaining the firm’s present performance and assuring its future growth and performance. A change agent works by enabling employees and other staff members to work effectively according the plan implement and experience the change strategically. The change agent also aims to increase the ability and efficiency of people and resources to produce a change that is sustainable and growth-oriented. For an organisat ion to sustain and show continuous growth, the senior management must establish themselves as leaders and help in reinforcing and establishing the cultures of the company (Carson, 1999). Continuous monitoring and assessment from the senior leaders is very important for the steady growth of the company. The transformation of Tata Group can be greatly credited to the vision and execution of the chairman, which was extraordinary. He is credited for the excellent transformation because he could see his vision for the company and transform it into a reality. After he took over the Tata group, he started introducing strategic changes in the company. The first was by regulating a compulsory policy for retirement age. This step removed a large number of employees from top management. This was done to remove those departments and companies of the group which were not growing and making loss. By replacing these individuals, he cleared the entry for young and fresh talent which will bring new ideas to the company. In addition he also created a Group Executive Office whose members were representatives of the strategic group, on the boards of the Tata companies. The Tata Business Excellence Model (TBEM) was introduced as the Tata Group’s largest change initiative. Excellence Model of the Tata Business (TBEM) was maintained and implemented through specific procedures and quality services. Ratan Tata showed a democratic style of leadership that encouraged openness and creativity among groups. With this approach of leadership he induced openness and creativity among young members of the organisation. He also acted as a supportive leader by helping and encouraging these young professionals in their ideas and plans and implementing them wherever it fitted. Answer 2 Business Streamlining becomes very important during economic instability.