Research in Business for Tata Group of Company -myassignmenthelp

Question: Discuss about theResearch in Business for Tata Group of Company. Answer: Problem Statement The research study provides an overview on the impact of decentralization of management system on employees performance in the Tata group of company. Decentralization refers to the systematic delegation of the authority at all level of management in the organization. In decentralization management system, decision making responsibilities as well as daily operations are basically delegated to lower level or middle level managers by the top management. Degree of decentralization mainly depends on the extent of authority delegated to lowest level. The Tata group has highly decentralized management system and hence the member organizations have autonomy mainly in terms of strategy as well as operations (Courting EVA via @tatacompanies 2018) This management system benefits the managers of Tata group by reducing their burden of performing different functions. Additionally, it also helps the managers to focus on other vital managerial functions. Apart from this, it also facilitates the Tata group managers to control as well as supervise in better way since their subordinates have the authority of making decisions (Weihrich, 2013). As result, this improves both their managers as well as subordinates performance. Furthermore, the executives of the member enterprise of Tata group also develop new talents or the managerial position under this system (Decentralisation 2018). The new talents further provide innovative idea to diversify products and activities within the business operations. Recent evidences reflects that the Tata group of companies has imbibed new business models, better methods of accounting and innovative strategies due to their decentralized management system. However, the performance of employees improves owing to adoption of innovative strategies and business framework. Although these managers or executives of Tata group gains huge benefits, they faces problems of co-ordination since the authority disperse their functions throughout the company (Drucker, 2012). Moreover, as uniform policies as well as standardized process are impossible to follow under this system, it adversely impacts the sub-ordinates performance. Aims and Objectives The research study aims to investigate impact of decentralization of management system on the employees performance of Tata group of company. The aim is also to identify the pros and cons of decentralization of management system of the Tata group of company. The main objectives are to- Identify the benefits of decentralization in the management system of the Tata group of companies Examine the factors that impacts decentralized management system of Tata group of company Examine how the employees of Tata group of companies are affected by this decentralization in their management system. A brief Methodology Mixed methodology will be chosen for conducting this research study. Mixed methodology refers to collection of both secondary as well as primary data for the research study (Terrell, 2012). Literature review- For analyzing the impact of decentralization of management system on employees performance of Tata group, this section will highlight on the current performance of their employees and managers, issues faced by their managers under this system and its impact on companies growth. Collection of data Secondary data will be collected from the website of the member companies under the Tata group, journals and other industry sources. Interviews-For supporting the findings from secondary data, interviews of managers and employees of the Tata group will be taken. Secondary data and data analysis methods This research study will basically utilize secondary data from the website of Tata companies, journals etc. Specifically, the business environment of these companies, flexibility in managers work schedule, workers performance and issues faced by managers will be investigated from these sources (Johnston, 2017). After collecting these data, correlation analysis will be conducted for determining the influence of decentralized management system on their employees performance. References Courting EVA via @tatacompanies. (2018).tata.com. Retrieved 3 April 2018, from https://www.tata.in/article/inside/GgoXow9a9Ck=/TLYVr3YPkMU= Decentralisation: Meaning, Advantages and Disadvantages of Decentralisation. (2018).Your Article Library. Retrieved 3 April 2018, from https://www.yourarticlelibrary.com/organization/decentralisation-meaning-advantages-and-disadvantages-of-decentralisation/25703 Drucker, P. (2012).Management challenges for the 21st century. Routledge. Johnston, M. P. (2017). Secondary data analysis: A method of which the time has come.Qualitative and quantitative methods in libraries,3(3), 619-626. Terrell, S. R. (2012). Mixed-methods research methodologies.The qualitative report,17(1), 254-280. Weihrich, H. (2013).Management: A global, innovative, and entrepreneurial perspective. Tata McGraw-Hill Education.