MANAGEMENT INNOVATIONS IN TATA STEEL

Hemant Kumar Yadav; Mukesh B. Gupta; Abhishek singh

Hemant Kumar Yadav Lecturer, S.M.S, Varanasi
Mukesh B. Gupta Research Scholar, Faculty of Commerce, Banaras Hindu University.
Abhishek singh Research Scholar, Faculty of Commerce, Banaras Hindu University.

Keywords: Management, Innovations, Tata Steel

Abstract

In changing work environments, innovation is imperative. Yet, many teams and organizations fail to realize the expected
benefits of innovations that they adopt. A key reason is not innovation failure but implementation failure. The failure to
gain targeted employees skill, consistent, and committed use of the innovation in question. We review research on the
implementation process, outlining the reasons why implementation is so challenging for many teams and organizations.
We then describe the organizational characteristics that together enhance the likelihood of successful implementation,
including a strong, positive climate for implementation; management support for innovation implementation; financial
resource availability; and a learning orientation. In this paper I focus on various researches and development
programmes in Tata Steel and try to find out its impact on the firm performance.