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Data Processing and Analysis Guide

Started operations in 1968 as a division of TATA SONS Ltd with interests in engineering, telecommunications, energy and financial services. For fiscal year 2004-2005, TCS achieved a net profit of $1 billion and was the first Indian IT company to achieve $1 billion in revenues in 2002-2003. Initially, TCS faced challenges due to rigid government licensing and high import duties but overcame difficulties through strategic HR practices like talent recruitment and performance management. TCS was also a pioneer in implementing Economic Value Added (EVA) for compensation linking and long term growth.

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0% found this document useful (0 votes)
8 views8 pages

Data Processing and Analysis Guide

Started operations in 1968 as a division of TATA SONS Ltd with interests in engineering, telecommunications, energy and financial services. For fiscal year 2004-2005, TCS achieved a net profit of $1 billion and was the first Indian IT company to achieve $1 billion in revenues in 2002-2003. Initially, TCS faced challenges due to rigid government licensing and high import duties but overcame difficulties through strategic HR practices like talent recruitment and performance management. TCS was also a pioneer in implementing Economic Value Added (EVA) for compensation linking and long term growth.

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nikhil2582
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© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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` Started operations in 1968.
` As a division of TATA SONS
Ltd.
` With wide range of interests in:
a) Engineering,
b) Telecommunications,
c) Energy,
d) Financial services.
` For fiscal Yr 04-05, net profit
of US$ 1billion.
` First Indian IT [Link] achieve
US$ 1billion revenues in Yr
02-03.
Ñ( )*
1969,TCS had 10 consultants & 200 operators.

First Assignment,Tata Iron & Steel Company(TISCO)

First external assignment, Inter Bank Reconciliation


System(IBRS)

First International assignment, Institutional Group & Information


Company

1990, Management Consultancy Division made part of TCS

2005,TCS employed 45,000 people and Indian operations accounted 12%


of total TCS revenues
 '
*
` First two decades tough for operations.
` Rigid government licensing problem, made difficult
to import computers.
` 2 Yrs in INDIA and 1 Yr in US for clearances to import
computers, till time models of computer get
changed.
` To pay very high duties:
a. 300% import duties.
b. Export commitments of 250% the value of
computer.
0'%  * 
1. HR division acts as an facilitator.
r Meeting the demand when the supply of talent was quite low.
r Follows waterfall recruitment process which starts by recruiting
students from accredited institutes.
2. To built close association with academic institutes.
r Provide best training facilities to employees.
r Promote team work and imbibe TCS work culture.
3. Training of Recruitment Team in Interview Techniques.
Î Interview panel with at-least 1 psychiatrist and 1 language expert.
Î Interview structure to determine individuals orientation towards IT.
4. Senior Management involved in performance appraisal to set up the
guidelines.
0'%  * 
ð 
  


`   
  
` 
   
 

` 
   

6. Cross functional teams with all level participation in determining
the rating system.
7. HRM provided software support for performance appraisal.
8. Encouraged informal discussions b/w team leaders and team
members.
Y% % '

+Y ,
TCS adopted EVA for:
` Creating economic value for long term continuous improvement.
` To measure operating and financial performance of organization.
` To link compensation of all employees.
` To motivate employees and create value.
` To maximize profitability.
` TCS was the first company to implement EVA.
` EVA determined compensation on basis of value delivered by a
employee.
` It was measured at individual, business unit and enterprise level.

Total Corporate erformance of erformance of


Value [ business unit + people in units
& -
 *Y 
` 
 

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