Staying ahead of global competition: the Tata Steel strategy

Article Abstract:

The globalization of the Indian economy presents many challenges for a steel company such as Tata Steel. Fortunately, the Indian firm is highly prepared to deal with the changes that accompany economic globalization. For one, it has demonstrated a remarkable will to succeed in this international arena. This enthusiasm for success is most clearly seen in the fact that it has been introducing major modernization plans since the 1980s to upgrade and adopt new technology to sustain its leadership in the competitive market. Aside from this, Tata Steel has embraced new business strategies such as cost control, improved customer orientation and focus on steel-making areas. It also boasts of a workforce that is in harmony with management, as seen in the absence of strikes or labor disputes since the 1940s.

Steel industry, Tata Steel Ltd.

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Managers take the plunge

Article Abstract:

The market for management buyouts (MBOs) in Australia is worth A$500 million annually, according to venture capitalists, despite the fact that the worth of Australian MBO activity in the period of 1996-97 totalled just A$120 million. The market has been spurred by the A$125 million MBO of Carter Holt Harvey's building materials business, and venture capitalists have A$350 million in capital in their MBO funds.

Venture Capital Companies, Miscellaneous Intermediation, Investors, not elsewhere classified, Australia, Mergers, acquisitions and divestments, Finance, Management buyouts, Carter Holt Harvey Ltd.

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Consorcio Ferrex

Article Abstract:

A new study examines the experiences of a consortium of six Chilean manufacturers which worked together to conquer international markets.

Chile, Bronceria NIBSA S.A., Industria Cerrajera DEVA Ltda., Industria Chilena de Alambre, Patricio Lioi y Compagnia Ltda., Soc. Fundicion del Pacifico Ltda.

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