Tata’s work culture may get a makeover as Cyrus Mistry is considering an overhaul

Every year, since Cyrus Mistry became the Chairman of Tata Sons in December 2012, he has held an annual meeting on 29th July, in which he talks with his top management of all the 100-plus group companies. The aim of this meeting is to plan a strategy for the coming year and if sources are to be believed, this time the agenda would be to discuss the changes in work culture and its prominent role in the organisation.

A select few employees from across the several group companies have been asked to study the group’s work culture so that they can suggest changes needed which would help them keep pace with the changing times and business environment.

"A group-wide diagnostic culture study is being undertaken in which most leading Tata companies are participating. The purpose of the study is to understand the culture as perceived, experienced and felt by our people across the organisational hierarchy," said NS Rajan, group chief human resource officer at Tata Sons. "This would help us to reinforce our understandings of the facets that define us, who we are and what we aspire to be."

In the meeting, the kind of leadership required and the salary structures to attract the best talent will be discussed as a part of the work culture, on the sideline of the aim to become $350 billion business group by 2025.

This kind of exercise to discuss work culture is happening for the first time, which is why selected companies have already started doing their homework about it.

It was last year that the group had rolled out a series of initiatives to develop its leadership pipeline, in collaboration with global consulting firm EY. Looks like this year, it’s going to be more about how they can retain their top management.

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