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l & t Strategy

l & t Strategy

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Published by csowbhagya
strategic mangement
strategic mangement

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Published by: csowbhagya on Nov 18, 2009
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08/10/2013

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STRATEGIC MANAGEMENT INLARSEN AND TOUBRO LIMITED
COLLECTED AND ANALYZED BY 
R.ASHWIN
M
.
T
ech
-
C
ONSTRUCTION
T
ECHNOLOGY AND
M
ANAGEMENTROLL NO : CE 081611LEARNING OBJECTIVE
 
 The learning objective for the industry analysis is todetermine the opportunities and threats that exist for firmswithin a competitive environment.
 The learning objective for the firm analysis is to determinethe strengths and weaknesses of a firm and to determine thecore competence that can be built on to establish acompetitive advantage.
 The final step is to develop a sound business plan to ensurethe survival of their chosen firm within its competitiveenvironment.
STRATEGIC MANTRAS OF LARSEN AND TOUBRO LIMITED -AWHOLE AND REALISTIC VIEW
Audacious in vision.Focus on what know best.Trim flab to achieve operational excellence.Good governance made the business sense.Develop leaders from within.Forge stronger partnerships with supplier base.Pursue quality with zeal.Innovate to create value for customers.Give back to the societyThe Indian edge.
LARSEN AND TOUBRO-AN OVER VIEW
 
C
Larsen and Toubro (L&T) one of the largest engineeringcompanies in India (and one of the top five private sectorcompanies) posted yet again a growth rate of over 27 percent.
Ducts Established Founder Global presence Production
If a particular project fails, it does not lead to a process of recovering the money from L&T. This has been accepted by thefinancial institutions as well as by the rating agencies, an L&Tsource is saying.
1. Vision
Excellence and professionalism
Customer delight through service.
Entrepreneurial leadership and creation of an organizationthat is on the path of continuously learning by fosteringteamwork, trust, and care.
Community service and environmental protection.Company strongly drove by its global vision to become an IndianMultinational Program ‘LAKSHYAwhich outlines a strategic planfor 2005-10 will assist in this.
2. Core Competencies

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