1. Business Strategy and Corporate
Planning
Presentation
Question 1
Presented By:
Nishant Kamal-251074
Siddhartha Kamat-251075
Gourav Kapoor-251076

2. Contents of the Presentation
• What is a Core Competence?
• Company Introduction
• Core Competencies of the Company
• Competency Cells-Embedding and Enhancing Skills
• Benchmarks-Global Standards

3. What is a Core Competence?
• “A core competence is the result of a specific set of skills or production
techniques that deliver value to the customer. Such competences enable an
organization to access a wide variety of markets”
• “Core competencies are developed through the process of continuous
improvements over the period of time. To succeed in an emerging global
market it is more important and required to build core competencies rather
than vertical integration”

4. What is a Core Competence?
• Executives should develop a point of view on which core competencies can be
built for the future to revitalize the process of new business creation.
• The key to future industry leadership is to develop an independent point of
view about tomorrow's opportunities and build capabilities that exploit them.

5. Company Introduction

6. Larsen and Toubro
• Larsen & Toubro Limited (L&T) is a technology, engineering, construction and
manufacturing company. It is one of the largest and most respected companies in
India's private sector.
• Headquartered in Mumbai and Chairman is Mr. A. M. Naik
• Revenue: 12.34 Billion USD
• Employment: 45,117
• Hydrocarbon
• Heavy Engineering
• L&T Construction
• Power
• Electrical & Automation
• Machinery & Industrial Products
• Information Technology
• Financial Services
• Shipbuilding
• Railway Projects

7. L & T’s Core Competencies-1
• Process Technology: Cement and Mineral Process, Chemical Engineering, Material
Science and Corrosion Engineering, Mechanical Engineering, Ocean Engineering
and Water Technology.
• Basic and Detailed Engineering Services: Electrical and Instrumentation
Engineering, Front-End Engineering and Design, and specialized SBUs for Oil and
Gas Engineering services.
• Modular Fabrication: Through one of Asia‘s largest yards at Hazira, capable of
manufacturing several modules simultaneously.
• Procurement: An extensive set of suppliers from around the globe, networked
through an online procurement and an e-business platform.

8. L & T’s Core Competencies-2
• Project Management: L&T is one of the first companies in the world to implement
the Enterprise Resource Planning (ERP) software SAP R/3 in E&C business. This
integrates all the execution processes for the project and also provides to the project
team unique access to information at all stages - from proposal to project handing
over.
• Construction: Through ECC - executing comprehensive construction projects in
areas of power, oil & gas exploration, refinery, fertilizer and petrochemicals,
airports, townships, hotels, public buildings, bridges, transmission lines, water
treatment plants, hydro-electric power stations and irrigation structures in various
countries.

9. Competency Cells-Embedding and
Enhancing Skills
Well established competency cells in specialized trades focus on continuously
upgrading the technology, improving construction methods and imparting
relevant training and orientation to staff and workmen to attain seamless
execution of projects involving multi-disciplinary activities.
• Construction Methods Planning Cell
• Special Projects And Construction Methods
• Building Utilities Competency Cell
• Formwork Competency Cell For Execution
• Foundation Engineering Competency Cell
• Quality Management Competency Cell
• Concrete Technology Cell
• Building Finishes Competency Cell

10. Benchmarks-Global Standards
• ISO 9001/ISO 29001-Quality
• This approval reflects L&T's capability to execute turnkey projects covering
marketing, design, engineering, project
management, procurement, manufacturing, erection, construction and
commissioning of various plants & systems.
• ISO 14001-Environment
• L&T's Engineering, Research & Development Centers are certified to ISO 14001 for its
capability to design and engineer environmentally friendly plants.
• OHSAS 18001-Health and Safety
• ISO/IEC 27001-IT Security
• L&T is the world's first company to be certified to ISO/IEC 27001 on the very first day
of its publication.
• NBBI, ASME and API Accreditations for L&T’s Modular Fabrication Facilities

11. Thank You!