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8/3/2019 Cross Sector Analysis of Wipro and Jindal Steel
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Represented by: (Group 02)
Bhuvan Gupta
Srikanth ThummaJainy Gohel
Mayank Gajjar
CROSS SECTOR ANALYSIS OFWIPRO AND JINDAL STEEL &
POWER
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-Wipro Ltd. is a company that sells soaps, light bulbs, hydraulic machinery, and
vegetable oil. But most importantly, it provides technical support, writes and edits
software, and is an outsourcing company.
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WIPRO
VISION:
To be among the top 10 Global IT and BusinessProcess Outsourcing(BPO) service companies
MISSION:To be a trusted partner to clients by providing
transformation and System Integration(SI)services
Achieve thought leadership in emergingtechnology areas
Be perceived as a leader by relevantstakeholders among global IT service and BPO
providers.
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VALUES:
The values on which Wipro is built is called THESPIRIT OF WIPRO. These values are the
guiding principles for the culture and behavior atwipro. They bind it together and inspire to achieve
excellence in whatever it does which are:
Intensity to win Make customers successful
Team, Innovate, Excel
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Contd..Act with senstivity
Respect for Individuals
Thoughtful and responsible
Unyielding Integrity
Delivering on commitments
Honesty and fairness in action
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Group companies of Wipro:
Wipro Infrastructure Engineering: It has emergedas the leader in the hydraulic cylinders and trucktipping systems market in India.
Wipro Infotech: It is one of the leadingmanufacturers of computer hardware and a providerof systems integration services in India.
Wipro Lighting: It manufactures and markets theWipro brand of luminaries. Wipro Lighting offers
lighting solutions across various application areassuch as commercial lighting for modern work spaces,manufacturing and pharmaceutical companies,designer petrol pumps and outdoor architecture.
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STRATEGIC OBJECTIVES Differentiated approach to growth and
investments
Client centricity
Co-creating value proposition along with clients
To Innovate
Expects its next acquisition to be in the region of500m as it continues its aggressive global
growth strategy and aims to reach a target of7bn annual turnover by 2011.
The company would continue to add to the eightsuccessively larger acquisitions it had made in
the past five years as one of its main strategies
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Contd
The company's other strategies include the organicgrowth of existing services and expansion throughpartnerships and alliances.
Wipro is reducing its dependency on Indiantechnically-skilled labour market skills pool byrecruiting in countries like Brazil, Mexico and even theUS.
In the rest of Europe, Wipro was aiming mainly atacquiring companies that provided niche service lines
such as SAP support. Enterprise-wide quality culture for continuous
improvement
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Contd
Wipro Technologies is a global services providerdelivering technology-driven business solutionsthat meet the strategic objectives of clients.
A strong emphasis upon building a professionalwork environment, leaders from within, and
having a global outlook for business and growthhave led to innovation of people processes on acontinued basis.
Wipro began moving towards focusing on Quality,thereby, creating a learning environment that ledto implementation of Six Sigma.
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Contd
Cross saving for customers
Growth Envisaged Across the Range of Serviceslike consulting, IT enabled services/BPO,package implementation, infrastructureoutsourcing etc ..
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Excellence
through sharedvalues
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Sound business35-66Clear strategy
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JINDAL STEEL & POWER VISION To be a globally admired organisation that enhances the
quality of life of all stakeholders through sustainableindustrial and business development
MISSION
Aspire to achieve business excellence through:
The spirit of entrepreneurship and innovation
Optimum utilisation of resources
Sustainable environmental friendly procedures andpractices
The highest ethics and standards
Maximising returns to stakeholders
Positive impact on the communities
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VALUES
Passion for people
Business excellence
Integrity, Ownership and sense of belonging
Sustainable development
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STRATEGICOBJECTIVES
JSPL has consistently tapped new opportunitiesby increasing production capacity, diversifyinginvestments, and leveraging its core capabilitiesto venture into new businesses
To attain accelerated momentum towards multi-dimensional growth
To sustain and improve upon operational andfinancial performance, while remaining steadfast
to deep-rooted values that have nourished theorganisation since inception.
Followed geographic diversity and technologycollaborations with other companies across world.
Six Sigma has helped improve the acceptability ofrails
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Contd To retain the best of talent, target-rating
distribution and rewards are meticulously adheredto.
Reduce dependence on import of crude
oil/petroleum products
Maximize Diesel production (60-70 % Diesel)
Establish environment friendly CTL Project with a
strategic fit to Indian Coal (High Ash). To Cover global market and having its presence
in Bolivia, South Africa , Indonesia, India, Congo,Oman , Africa-Mozambique and eyeing for
more.
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ANALYSIS OF COMPANYS
COMPETITIVE POSITION:
The cross sector analysis gives us a interestinginsight into strategic objectives of the said companiesof which one is a IT major and the other is a Steelmajor.
OUR VIEWPOINT on the success Story: Wipro has enabled rapid access to customers,
domain knowledge and a larger territorial footprint towiden channels to market, which would otherwise
take much longer to achieve. Wipro is the first IT major to employ six sigma
programs and has one of the most mature Six Sigmaprograms in the industry ensuring that 91% of the
projects are completed on schedule, much above theindustry average of 55%.
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Contd Driving a big movement toward globalizing
delivery model.
A surge that reflects its desire to become a trueglobal technology powerhouse.
JSPL:
JSPL has successfully implemented its strategicobjectives which leads to its increasedcompetitive position around the globe whether itincludes geographic diversity or foreign
collaborations.
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Contd.. JSPL is committed to create and sustain a high-
performance work culture, with people at theheart of all strategy.
It has been successful to reduce the dependence
on oil and petroleum products and is foccussedmore towards greener and efficient outlook of thecompany.
Quite successful in expanding the global footprint