Write 9 pages with APA style on Restructuring TATA Group. The parent concern is a well-diversified business group that has existed in the engineering sector, energy sector, chemical industry and hospi

Write 9 pages with APA style on Restructuring TATA Group. The parent concern is a well-diversified business group that has existed in the engineering sector, energy sector, chemical industry and hospitality as well as the financial service sector. Tata group is a century-old business established in 1874 by Jamsetji Nusserwanji Tata. (Goldstein, 2008, p.6). Tata Group is a conglomerate like many others in developing nations.

At present, the chairman of Tata Group is Ratan Tata, who is the grandson of the founder of the Tata Group. The changing business strategy has compelled the company to shift its management focus from traditional to a more contemporary style. This change is adopted to make the company more competitive in the long run. This report gives a fair idea regarding various factors related to human resource management. These factors include human resource planning, job evaluation, motivation, rewards, criteria for redundancy, etc. The report includes relevant theories and their possible application in the context of Tata corp.

Since its inception, the company was able to develop strong bondage with its employees and the HR department considered the employees as a strategic partner of the company. Though the nature of the business changed from a family-owned business to a conglomerate managed professionally by the corporate, but the traditional HR approach is still prevalent in the company. According to the higher management, the company is planning to introduce major changes in its HR practices (Tata-a, 2010). As per the company information, the HR department is taking due care to make the policies more transparent by making it more flexible to suit the changing needs of the employees (Tata-b, 2004).

In Tata Ltd, the HR department needs to handle all the necessary activities associated with developing an effective human resource force. Hence the list of the activities ranges from recruitment & selection, remuneration related activities, human resource planning, performance appraisal, human force development, grievance handling and many other such vital activities.&nbsp.