Swot Analysis Of Tcs

TCS

Tata Consultancy Services Limited (TCS) is an Indian multinational information technology (IT) service, consulting and business solutions company. It was founded in the year 1968 by J.R.D Tata. The headquarters of the company is in Mumbai and the current CEO and MD is Mr. N. chandrasekaran. TCS BUSINESS VERTICALS

The various verticals that fall under TCS are:

 Banking and Financial Services

 Energy- Oil and Gas, Field Services and Renewables

 Government

 Healthcare

 High tech

 Insurance

 Life Sciences

 Manufacturing

 Media & Information Services

 Resources – Metals, Mining and Construction

 Retail and Consumer Products

 Telecom

 Travel , Transportation and Hospitality

 Utilities

 Workforce Administration-

TCS concentrates on employee and organization data management and employee event management. It includes pay roll and timely attendance. It maintains the records for position management and maintains the job description as well.

 Compensation and Benefits-

To promote growth, a worker’s compensation system from TCS BaNCS enables the firm to create and manage algorithms, use a user friendly organisation which helps insurers enhance productivity and efficiency for workers.

 Performance and Learning- It consults to analyze needs and recommend solution designs for employee and customer needs. It also builds end-to-solutions that uses various modalities for the learners to learn and expertise in their respective fields.

• Payroll and Time- In TCS, various advantages are-

1. Service delivery is excellent in payroll processing through number of shared services.

2. There is a shift from CAPEX to OPEX.

3. The policies of TCS minimizes risks & enable compliance to Indian statutory.

TALENT ACQUISITION-

EXTERNAL

 The culture of reward and recognition in TCS is aided by 'TCS Gems ', the global reward and recognition tool.

 Fun events, sports, cultural activities and volunteering for social causes are organized across the globe under its employee engagement platform known as 'Maitree '.

 TCS has a tool ‘iRetain’ which helps in retaining the best in the workplace in this competitive field of business. It automatically determines a statistical and predictive model of attrition from the given data.

LEARNING AND DEVELOPMENT

 It has brought a paradigm shift in the learning process which is called the next-gen learning & development (L&D).

 The learning eco-system has been transformed by investing in interactive classrooms, video based training and social media enabled social learning. 'Any Time-Any Where ' learning has become a reality in TCS.

 The new recruits from colleges are trained to be IT professionals through its elaborate initial learning programme.

 It has expanded its training infrastructure capacity by building a state of the art training centre in Thiruvananthapuram with a capacity to accommodate 15,000 trainees.

AWARDS & BENEFITS

 The ratings and incentives are linked as follows :

EA- likely to get around 150% of the