summer internship project sriyanka patra

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 A value is a principal or standard that is held in high
esteem by an individual and is related to all aspects of
one's personal and work life. You may have values around
family, work, spiritual, leisure, personal, etc. In this
exercise you will focus on your work values. As you rank
each value, think about how important the value is to you
in a work setting.
 As you consider your work related values, keep in mind
that there are no right or wrong work values; rather it is a
process of identifying what matters most to you rather
than someone else.
 Often, people choose a career for all the wrong reasons,
and find their responses to the workplace are
incompatible with their true values. This may produce
feelings of unrest, discontent and a loss of productivity.
Also, employers like to see certain work values in
employees and will not hire people who don't show their
actual true values at work. To help avoid these problems,
career values help people uncover their real values and
use them to make better career choices. Taking a work
values test can help you identify your career and work
values.
 Work values include talents, motives, values and
attitudes which provide stability and direction for
your chosen career. A work value is your driver or
motivator for your work. A career anchor value is
also the one element in your self-concept that you
will not give up, even when facing difficult choices.
 Integrity we must conduct our business fairly with
honesty and transparency. Everything we do must
stand the test of public security.
 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.
 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 customer and
partners around the world , building strong
relationships based on tolerance, understanding and
mutual cooperation.
 Responsibility ,we must be responsible and
responsive 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
 To find out the Work value in terms of it’s
relationship between, job satisfaction and
Organisational commitment.
 To understand the commitment level
 To find out the scope for better performance,Role
calarity
 To know the satisfaction level
 To find out the Effective utilisation of
Competiencies
 Work value refers to our work life and is relevant to
lude variety of work choice that emphasis each
career choice
 Its core value ,competencies and motives that guides
your perception of the ideal job
 Work value is useful scale to know yourself
DATA SOURCES
 For the purpose of study the primary as well as the
secondary data has been collected.
 Primary Data: It is collected for the first time and
thus happens to be original in nature. It can be
collected by interviews and questionnaires from
respondents. Research Approach- Survey
Research Instrument- Interview Schedule.
 Secondary Data: It is collected from documentary
sources like news papers, diaries, letters, records
and reports on surveys.
 THE UNIVERSE:
The universe for the study as under is TATA STEEL , JAMSHEDPUR
consisting of the managers, executives as well as the white collared
employees and staff irrespective of the departments to which they belong.
 SAMPLE OF THE STUDY:
The sample size of the study refers to the number of items to be selected
from the population to constitute a sample. The sample size used for the
study includes 30 employees from the company.
 MARGIN OF ERROR:
A margin of 5-7% is considered for error.
 REPRESENTATION OF DATA:
The pie-charts depict the percentage value of a particular set of response in
comparison with the total response. At the end an analysis is made on the
basis of self understanding of the responses gathered to see how far the
objective of the research is fulfilled.
 1 ) DO YOU SATISFAIED WITH THE WORK VALUES
OF TATA STEEL?
1. STRONGLY AGREE
2. AGREE
3. DISAGREE
4. STRONGLY DISAGREE
70%
23%
4%3%
1
2
3
4
 2 )HAVE A VERY GOOD MUTUAL TRUST AND TEAM
WORK?
1. STRONGLY AGREE
2. AGREE
3. DISAGREE
4. STRONGLY DISAGREE
73%
20%
4%3%
1
2
3
4
 3) GIVES A LOT OF OPPERTUNITIES TO NEW
EMPLOYES?
1. STRONGLY AGREE
2. AGREE
3. DISAGREE
4. STRONGLY DISAGREE
97%
3%0%0%
1
2
3
4
 4) GRIEVANCES AND COMPLAIN OF CUSTOMER AS
WELL AS EMPLOYEE ARE TAKEN GOOD CARE OF?
1. STRONGLY AGREE
2. AGREE
3. DISAGREE
4. STRONGLY DISAGREE
57%
43%
0%0%
1
2
3
4
 5) WELLNESS, LEARNING & DEVLOPMENT
PROGRAM ARE ORGANISED TIME TO TIME FOR AN
EMPLOYEE?
1. STRONGLY AGREE
2. AGREE
3. DISAGREE
4. STRONGLY DISAGREE 50%
47%
3%0%
1
2
3
4
 6) VARIOUS NUMBERS OF INECATIVE IS TAKEN
FOR WOMEN?
1. STRONGLY AGREE
2. AGREE
3. DISAGREE
4. STRONGLY DISAGREE
34%
63%
3%0%
1
2
3
4
 7) COMPANY PERFORMANCE COMMITE TO
TARGET?
1. STRONGLY AGREE
2. AGREE
3. DISAGREE
4. STRONGLY DISAGREE 57%
40%
0%3%
1
2
3
4
 8) DEVLOPMENT AND GROWTH OF EMPLOYEE IS
VERY GOOD?
1. STRONGLY AGREE
2. AGREE
3. DISAGREE
4. STRONGLY DISAGREE
37%
57%
3%3%
1
2
3
4
LIMITATIONS OF THE STUDY
 Any study conducted in order to gather data about a
relevant subject or topic is bound to have some
limitations also. These limitations results in the error
that is committed in the analysis of the data. Some of the
limitations of this study are as follows.
 Biasness.
 Time constraints.
 The sample being compared are not matched.
 Confidential constraints.
 Unwillingness on the part of the respondents to answer.
 Perception errors.
 Every study or a project is undertaking with a view to arrive
at a conclusion and some relevant fact:
 From the questionare it is evident that security and stability
are important work value.
 Independence and autonomy to work is an important work
value to select a job.
 Technical and functional in job are very important in
choosing an work.
 The employee or the potential candidate aspiring to reach
higher position. of the general management of the company.
 In the present scenario enterprenuership is an important
element in selecting an work value.
 Challenges are an important aspect in selecting a job profile.
STRENGTH
1. Raises over 14 million tonnes
of ores from its captive
collieries, iron ore mines and
quarries
2. Adaptability of company in
the fast changing environment
3. Excellent integration with
Corus which has more than 2000
metallurgists
4. Control over raw materials
5. Economies of scale
6. Strong backing of Tata brand
name
7. Operations in 26 countries
and a commercial presence in
over 50
WEAKNESS
1. Operational efficiency are not
as good as international leaders
2. Slightly lagging in
technological front
Weakness
SWOTANALYSIS
OPPORTUNITY
1. Newer technologies- The
Corex process, The Hismelt
process, Direct iron ore smelting
2. Public private partnership
3. Acquisition of coal blocks in
Asia, Africa etc.
THREATS
1. Rising coking coal prices
2. India is plagued with violent
agitation against land
acquisition
3. Government & regulatory
norms
4. International competition
Contd….
SEGMENT Strip & long Steel products,
Iron ore mining, Agricultural
implements
TARGET GROUP Construction, automotive,
infrastructure, capital goods
POSITIONING The global steel industry
benchmark for value creation
and corporate citizenship
STP OF TATASTEEL.
 POLITICALASPECT:
Though the Tata steel made the various acquisitions for the growth of the
company and for the reason of the expansion of the business they took a very
high amount of risk by investing in the countries like Bangladesh, Iran, and
Thailand. These are the some important features of the liberalization policy
which leads to Tata steel to be on the growth path. Apart from this the mining
policies of the government and other policies helped the Tata steel in reduction
of import a duty and export duty and other things which are responsible for the
high growth of the Tata steel industry globally.
 ECONOMIC ASPECT:
Steel industry may got affected because of the cyclical economic condition
because many industries like automobiles, appliances and construction are
depends on the steel industry and if industries faces any kind of downturn in
the economy Tata steel also may also face the losses .steel production process
are completely dependent on the energy market which can affect the Tata steel
in the economic manner. With the acquisition of CORUS company gained the
growth prospective in nature but, the cost of acquisition goes beyond the
financial expectations.
PESTANALYSISOF TATASTEEL
 SOCIO-CULTURE FACTOR:
TATA STEEL got awarded for the commitments in the business ethical
behaviour and improving the lives of the employees and their families.
For this purpose Tata steel got awarded by the GOLDEN PEACOCK
GLOBAL AWARD. TATA STEEL also focused to create the social
environment. They constantly made the improvements in the health
issues, economic wellbeing and education facilities provided to the
nation. This policy works out in near 800 villages in Jharkhand .Orissa
and Chhattisgarh. Hospital on wheels is the basic innovation of the
Tata’s whereas Tata is also responsible for the habitation in slum areas in
urban developing cities.
 TECHNOLOGICAL FACTOR
Tata steel and the sail(steel authority of India ) started the E-PORTAL
system in middle of year 2000.thistechnology is also known as the
METAL JUNCTION which is helpful for not only to Tata steel but also
to entire industry. With the help of this technology e market is the
biggest market for the purchasing and selling of the steel in the world.
CONT….
PORTER’S FIVEFORCE MODEL
•The organization to provide challenges to challenging an work
value.
•The company should focus on the technical aspect and provide
proper training regarding the technical skill of the worker so as to
increase their involvement.
•The organization should provide better security and stability
features always try to in order to attract and retain the workers.
•The organization should always try to understand the various
work value for the employees through appraisal and always try
to work on them.
 To describe the term impact of work of organisation on work
culture is very much large & proper works are very important for
customer satisfaction.
 According to the study it is concluded that the overall satisfaction
level of work value programs is high.
 The workers agree that the work value increases productivity and
achieve the organizational goal.
 If the work value in the organization is good than the trade union
also become healthy.
 So, work values are very much essential in the organization.
 Google scholar
 www.ebscohost.com
 Asawathapa book
 LM Prasadwww.iveybusinessjournal.com
 en.wikipedia.org
 www.google.co.in
 eds.b.ebscohost.com
 WWW.tatasteel.com
 www.corporatespirit.eu
 www.tata.in
 www.tata.co.in
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summer internship project sriyanka patra

  • 2.  A value is a principal or standard that is held in high esteem by an individual and is related to all aspects of one's personal and work life. You may have values around family, work, spiritual, leisure, personal, etc. In this exercise you will focus on your work values. As you rank each value, think about how important the value is to you in a work setting.  As you consider your work related values, keep in mind that there are no right or wrong work values; rather it is a process of identifying what matters most to you rather than someone else.
  • 3.  Often, people choose a career for all the wrong reasons, and find their responses to the workplace are incompatible with their true values. This may produce feelings of unrest, discontent and a loss of productivity. Also, employers like to see certain work values in employees and will not hire people who don't show their actual true values at work. To help avoid these problems, career values help people uncover their real values and use them to make better career choices. Taking a work values test can help you identify your career and work values.
  • 4.  Work values include talents, motives, values and attitudes which provide stability and direction for your chosen career. A work value is your driver or motivator for your work. A career anchor value is also the one element in your self-concept that you will not give up, even when facing difficult choices.
  • 5.  Integrity we must conduct our business fairly with honesty and transparency. Everything we do must stand the test of public security.  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.  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..
  • 6.  Unity we must work cohesively with our colleagues across the group and with our customer and partners around the world , building strong relationships based on tolerance, understanding and mutual cooperation.  Responsibility ,we must be responsible and responsive 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
  • 7.  To find out the Work value in terms of it’s relationship between, job satisfaction and Organisational commitment.  To understand the commitment level  To find out the scope for better performance,Role calarity  To know the satisfaction level  To find out the Effective utilisation of Competiencies
  • 8.  Work value refers to our work life and is relevant to lude variety of work choice that emphasis each career choice  Its core value ,competencies and motives that guides your perception of the ideal job  Work value is useful scale to know yourself
  • 9. DATA SOURCES  For the purpose of study the primary as well as the secondary data has been collected.  Primary Data: It is collected for the first time and thus happens to be original in nature. It can be collected by interviews and questionnaires from respondents. Research Approach- Survey Research Instrument- Interview Schedule.  Secondary Data: It is collected from documentary sources like news papers, diaries, letters, records and reports on surveys.
  • 10.  THE UNIVERSE: The universe for the study as under is TATA STEEL , JAMSHEDPUR consisting of the managers, executives as well as the white collared employees and staff irrespective of the departments to which they belong.  SAMPLE OF THE STUDY: The sample size of the study refers to the number of items to be selected from the population to constitute a sample. The sample size used for the study includes 30 employees from the company.  MARGIN OF ERROR: A margin of 5-7% is considered for error.  REPRESENTATION OF DATA: The pie-charts depict the percentage value of a particular set of response in comparison with the total response. At the end an analysis is made on the basis of self understanding of the responses gathered to see how far the objective of the research is fulfilled.
  • 11.  1 ) DO YOU SATISFAIED WITH THE WORK VALUES OF TATA STEEL? 1. STRONGLY AGREE 2. AGREE 3. DISAGREE 4. STRONGLY DISAGREE 70% 23% 4%3% 1 2 3 4
  • 12.  2 )HAVE A VERY GOOD MUTUAL TRUST AND TEAM WORK? 1. STRONGLY AGREE 2. AGREE 3. DISAGREE 4. STRONGLY DISAGREE 73% 20% 4%3% 1 2 3 4
  • 13.  3) GIVES A LOT OF OPPERTUNITIES TO NEW EMPLOYES? 1. STRONGLY AGREE 2. AGREE 3. DISAGREE 4. STRONGLY DISAGREE 97% 3%0%0% 1 2 3 4
  • 14.  4) GRIEVANCES AND COMPLAIN OF CUSTOMER AS WELL AS EMPLOYEE ARE TAKEN GOOD CARE OF? 1. STRONGLY AGREE 2. AGREE 3. DISAGREE 4. STRONGLY DISAGREE 57% 43% 0%0% 1 2 3 4
  • 15.  5) WELLNESS, LEARNING & DEVLOPMENT PROGRAM ARE ORGANISED TIME TO TIME FOR AN EMPLOYEE? 1. STRONGLY AGREE 2. AGREE 3. DISAGREE 4. STRONGLY DISAGREE 50% 47% 3%0% 1 2 3 4
  • 16.  6) VARIOUS NUMBERS OF INECATIVE IS TAKEN FOR WOMEN? 1. STRONGLY AGREE 2. AGREE 3. DISAGREE 4. STRONGLY DISAGREE 34% 63% 3%0% 1 2 3 4
  • 17.  7) COMPANY PERFORMANCE COMMITE TO TARGET? 1. STRONGLY AGREE 2. AGREE 3. DISAGREE 4. STRONGLY DISAGREE 57% 40% 0%3% 1 2 3 4
  • 18.  8) DEVLOPMENT AND GROWTH OF EMPLOYEE IS VERY GOOD? 1. STRONGLY AGREE 2. AGREE 3. DISAGREE 4. STRONGLY DISAGREE 37% 57% 3%3% 1 2 3 4
  • 19. LIMITATIONS OF THE STUDY  Any study conducted in order to gather data about a relevant subject or topic is bound to have some limitations also. These limitations results in the error that is committed in the analysis of the data. Some of the limitations of this study are as follows.  Biasness.  Time constraints.  The sample being compared are not matched.  Confidential constraints.  Unwillingness on the part of the respondents to answer.  Perception errors.
  • 20.  Every study or a project is undertaking with a view to arrive at a conclusion and some relevant fact:  From the questionare it is evident that security and stability are important work value.  Independence and autonomy to work is an important work value to select a job.  Technical and functional in job are very important in choosing an work.  The employee or the potential candidate aspiring to reach higher position. of the general management of the company.  In the present scenario enterprenuership is an important element in selecting an work value.  Challenges are an important aspect in selecting a job profile.
  • 21. STRENGTH 1. Raises over 14 million tonnes of ores from its captive collieries, iron ore mines and quarries 2. Adaptability of company in the fast changing environment 3. Excellent integration with Corus which has more than 2000 metallurgists 4. Control over raw materials 5. Economies of scale 6. Strong backing of Tata brand name 7. Operations in 26 countries and a commercial presence in over 50 WEAKNESS 1. Operational efficiency are not as good as international leaders 2. Slightly lagging in technological front Weakness SWOTANALYSIS
  • 22. OPPORTUNITY 1. Newer technologies- The Corex process, The Hismelt process, Direct iron ore smelting 2. Public private partnership 3. Acquisition of coal blocks in Asia, Africa etc. THREATS 1. Rising coking coal prices 2. India is plagued with violent agitation against land acquisition 3. Government & regulatory norms 4. International competition Contd….
  • 23. SEGMENT Strip & long Steel products, Iron ore mining, Agricultural implements TARGET GROUP Construction, automotive, infrastructure, capital goods POSITIONING The global steel industry benchmark for value creation and corporate citizenship STP OF TATASTEEL.
  • 24.  POLITICALASPECT: Though the Tata steel made the various acquisitions for the growth of the company and for the reason of the expansion of the business they took a very high amount of risk by investing in the countries like Bangladesh, Iran, and Thailand. These are the some important features of the liberalization policy which leads to Tata steel to be on the growth path. Apart from this the mining policies of the government and other policies helped the Tata steel in reduction of import a duty and export duty and other things which are responsible for the high growth of the Tata steel industry globally.  ECONOMIC ASPECT: Steel industry may got affected because of the cyclical economic condition because many industries like automobiles, appliances and construction are depends on the steel industry and if industries faces any kind of downturn in the economy Tata steel also may also face the losses .steel production process are completely dependent on the energy market which can affect the Tata steel in the economic manner. With the acquisition of CORUS company gained the growth prospective in nature but, the cost of acquisition goes beyond the financial expectations. PESTANALYSISOF TATASTEEL
  • 25.  SOCIO-CULTURE FACTOR: TATA STEEL got awarded for the commitments in the business ethical behaviour and improving the lives of the employees and their families. For this purpose Tata steel got awarded by the GOLDEN PEACOCK GLOBAL AWARD. TATA STEEL also focused to create the social environment. They constantly made the improvements in the health issues, economic wellbeing and education facilities provided to the nation. This policy works out in near 800 villages in Jharkhand .Orissa and Chhattisgarh. Hospital on wheels is the basic innovation of the Tata’s whereas Tata is also responsible for the habitation in slum areas in urban developing cities.  TECHNOLOGICAL FACTOR Tata steel and the sail(steel authority of India ) started the E-PORTAL system in middle of year 2000.thistechnology is also known as the METAL JUNCTION which is helpful for not only to Tata steel but also to entire industry. With the help of this technology e market is the biggest market for the purchasing and selling of the steel in the world. CONT….
  • 27. •The organization to provide challenges to challenging an work value. •The company should focus on the technical aspect and provide proper training regarding the technical skill of the worker so as to increase their involvement. •The organization should provide better security and stability features always try to in order to attract and retain the workers. •The organization should always try to understand the various work value for the employees through appraisal and always try to work on them.
  • 28.  To describe the term impact of work of organisation on work culture is very much large & proper works are very important for customer satisfaction.  According to the study it is concluded that the overall satisfaction level of work value programs is high.  The workers agree that the work value increases productivity and achieve the organizational goal.  If the work value in the organization is good than the trade union also become healthy.  So, work values are very much essential in the organization.
  • 29.  Google scholar  www.ebscohost.com  Asawathapa book  LM Prasadwww.iveybusinessjournal.com  en.wikipedia.org  www.google.co.in  eds.b.ebscohost.com  WWW.tatasteel.com  www.corporatespirit.eu  www.tata.in  www.tata.co.in