November 20, 2017
Tata Teleservices wins the internal track of Tata Business Leadership Awards 2017
- Both 1st and 2nd runners-up were from Tata Motors
- Winners secure a direct pre-placement interview with TAS
Mumbai: E-Commerce held centerstage in 2015. Big Data Analytics took over in 2016. This year, the spotlight was on ‘Waste to Value’. Tata Business Leadership Awards (TBLA) 2017, the annual business case competition organised by the Tata group, saw best minds from premier business schools (campus track) and Tata companies (In-house track) come up with innovative business solutions for the reduction, efficient disposal and productive use of industrial waste produced by Tata companies.
|Dr Gopichand Katragadda, group chief technology officer, Tata Sons, felicitating Team Invictus of Tata Teleservices, the winners of Tata Business Leadership Award (TBLA) 2017, at an awards ceremony held in Mumbai|
While the campus track of the competition was won the SP Jain Institute of Management and Research, Mumbai, the internal track saw Team Invictus from Tata Teleservices win the top honours followed by Team Wastex (1st runners-up) and Team Phoenix Triumvir (2nd runners-up) from Tata Motors. The other teams, which reached the finals were from Tata Global Beverages, Tata Power, The Indian Hotels Company (IHCL), Tata Steel, Tata Consultancy Services (TCS) and Titan Company.
The teams in the final round were given a challenge where they had to build a case for setting up an integrated waste management company within the Tata group that takes ownership of the industrial waste from Tata companies and unlocks value for all stakeholders. The winning entry from Tata Teleservices suggested establishing a company with five customer-facing brands, each handling a different product line made out of waste. The idea was based on generating value by market expansion and demand creation.
The winners were felicitated with the coveted TBLA rolling trophy, a cash prize of Rs500,000 and a direct pre-placement interview (PPI) opportunity with TAS, the flagship leadership development programme of the Tata group. The 1st and 2nd runners-up received a cash prize of Rs200,000 and Rs100,000, respectively, along with an opportunity to be a part of the TAS presentation round.
Speaking on the occasion, S Padmanabhan, group chief human resources officer (CHRO), Tata Sons, said, “TBLA aims to engage with bright minds and provide them with a platform to showcase their leadership and entrepreneurial capability. In its 15th year now, it has been successful in recognizing talent and triggering enthusiasm to come up with innovative solutions to challenging real-world situations. It was fascinating to witness the effortless manner in which the finalists presented their ideas on some of the most critical industrial waste management challenges being faced by corporate India.”
Senior leadership from the Tata group including Dr Gopichand Katragadda, group chief technology officer, Tata Sons, and Mr Rajesh Gopinathan, CEO and MD, TCS, also graced the occasion.
In the pre-final rounds, the participating teams presented solutions to live business cases from Tata companies namely Tata Steel, Tata Power, Tata Chemicals, and Ginger Hotels. Eleven teams were shortlisted by senior Tata leaders to compete at the finals.