Tata Consultancy Services Limited (Term Paper Sample)

Tata Consultancy Services Limited Name: Institution: Tata Consultancy Services Limited Executive Summary Tata Consultancy Services Limited (TCS) is a multinational Indian information technology (IT) and business solutions company that headquartered in Mumbai in Maharashtra. Tata Consultancy is a global leader in Information Technology services, offering business and digital solutions. Tata offers high level of satisfaction and certainty via deep commitment to their clients. TCS has been recognized by the Brand Finance as one of the biggest four global IT services brands. TCS was ranked as number 64 by the Forbes World’s Companies that are innovation in year 2010. Measured by the revenues, TCS is number 10 in the world largest provider of IT services. TCS is concerned with creating innovative solutions, which give the business an edge and improve in their performances. Figure 1: Grid Showing Board of Committee and Committee Members of Tata Consultancy. Board of DirectorsNamePositionAnalysisMr. N. Chandrasekaran Managing Director and the Chief Executive OfficerHelped the Indian government expand trade relations with other countries. He is in the bilateral business task forces for Canada, China, Malaysia, Brazil, and Australia. He is also a member of the Honorary Committee of the European Business Summit.Mr. Rajesh Gopinathan Chief Financial OfficerHe served as the Vice President at Business Finance before assuming the role of a Chief Financial OfficerMr. Ajoyendra Mukherjee Head of the Global Human ResourcesHe has played roles such as Banking and Financial Services projects, Manufacturing and Government Utilities posts. He has been recognized various times as Asia’s Best Employer Brand Awards of 2010 and ranked First in Employer in India (Dataquest), and Awards for Leadership and Diversity among othersAarthi Subramanian Executive Director and Global Head of the Delivery Excellence GroupShe also holds a master's degree in Engineering Management from the University of Kansas (USA). She has been involved in the Delivery and Large Program Management with a stint of more than five years in Informix Software.Committee Members Mr. Cyrus MistryChairman of TCSA graduate of Civil Engineering from the Imperial College, UK. He has been associated with Shapoorji Pallonji Group from 1994. His construction business has grown from a $20 million to about $1.5 billion's worth extending to over ten countries.Aman Mehta Independent, Non-Executive MemberHe graduated in 1967 from University of Delhi with a degree in Economics. He has 36 years of experience in different positions at HSBC GroupProf. Clayton M. ChristensenIndependent Non-Executive memberHas honors in economics from Harvard Business School and known for founding successful companies such as CPS Corporation.Dr. Ron SommerIndependent, Non-Executive Member.Has worked with Nixdorf Group, New York and as a managing director of German subsidiary Sony Group. He has been the chairman of the management board of Sony Corporation, Deutschland.  The company leadership team comprises Mr. N. Chandrasekaran, the Managing Director and the Chief Executive Officer, Mr. Rajesh Gopinathan, the Chief Financial Officer, Mr. Ajoyendra Mukherjee, the Head of the Global Human Resources, and Aarthi Subramanian, the Executive Director and Global Head of the Delivery Excellence Group. Chandra has played a big role in helping the Indian government expand trade relations with other countries. He is in the bilateral business task forces for Canada, China, Malaysia, Brazil, and Australia. He is also a member of the Honorary Committee of the European Business Summit. In the years 2012 and 2013, he served as NASSCOM chairman and the apex body of trade in India and still continued to be a member of the Executive Council. Chandra has received various awards such as the Indian Business Icons of CNBC TV 18, the management man of the year, 2013, and the Asia Business Leader of the Year, (2013) among others. Rajesh graduated in 1994 with a bachelors in Electronic and Electrical Engineer from REC and pursued Post-Graduate Management Diploma in Management at IIM, Ahmedabad. He served as the Vice President at Business Finance before assuming the role of a Chief Financial Officer. Mukherjee joined TCS in 1980 after finishing BE (Honors) in Electrical and Electronics Engineering in BITS Pilani, India (Tata Consultancy Services, 2015). He has played roles such as Banking and Financial Services projects, Manufacturing and Government Utilities posts. He has been recognized various times as Asia’s Best Employer Brand Awards of 2010 and ranked First in Employer in India (Dataquest), and Awards for Leadership and Diversity among others. Subramanian has contributed a lot in India, Canada, Sweden, and the United States in her rich knowledge of Accounts Management. She holds a Bachelors degree in Computer Science and Technology from the National Institute of Technology in Warangal, India. She also holds a master's degree in Engineering Management from the University of Kansas (USA). She has been involved in the Delivery and Large Program Management with a stint of more than five years in Informix Software. From the bio information of the leadership team in TCS, these individuals have highly qualified in the governing of the Tata Consultancy. The committee and the board of directors serving TCS also constitute the leadership team that is appropriate for running the company. For example, the chairman of TCS, Mr. Cyrus Mistry is a graduate of Civil Engineering from the Imperial College, UK. He has been associated with Shapoorji Pallonji Group from 1994. His construction business has grown from a $20 million to about $1.5 billion's worth extending to over ten countries. Aman Mehta graduated in 1967 from University of Delhi with a degree in Economics. He has 36 years experience in different positions at HSBC Group. Other individuals in the board are Venkatraman, Prof. Clayton M. Christensen, Dr. Vijay Kelkar, Dr. Ron Sommer, Phiroz A. Vandrevala, Ishaat Hussain, and O. P. Bhatt. It seems that everyone on the board who is not part of the leadership team has knowledge in another field. Most of the committees have a doctorate and are professors who have made contributions in other fields. Most of the members of the management are usually promoted to top sits after showing their performance in other lower areas. For instance, Chandrasekaran was promoted to being the Chief Executive Officer in the year 2009 after working for two years as the Chief Operating Officer. Hence, he has served for around seven years at TCS. Rajesh Gopinathan started working for TCS in the year 2001. After working for 12 years, he was appointed the Chief Financial Officer in the year 2013. So, in general, he has served in the company for around 14 years. Ajoyendra Mukherjee joined TCS in the year 1980 after graduating. He has served the company for about 30 years. Aarthi Subramanian started working as a trainee in 1989 a therefore has served TCS for more than 25 years. Most of the board committee members at TCS have been there for more than three years. As such, the staff is well acquainted with the company’s mission and vision. Their relevant experience, particularly in the leadership team, is the main contributing factor for their respective promotion. The board members are of importance to the community and India in general. Compensation for the executives is usually performance-based as prescribed by the board. As we have seen from the most of the leadership teams, they are promoted based on merit and their salaries increased upon promotion. According to the Economic Times, (2015) Chandra's salary was increased by about 14% as he assumed the...