• The Tisco Management Development Center completed 50 years of its existence with the introduction of 11 new programs designed specifically to enhance competencies.

• In an effort to promote achievers from within the organization, a batch of 29 workers and supervisors were selected and suitably trained to take on higher responsibilities.

• Our Performance Management System has been repositioned as EDGE (Ensuring Development and Growth of Employees). Workshops were conducted for all executives to optimally use this tool to identify and plan their development.

• The second batch of Tejaswini was selected and 10 female employees were trained in the various traders of mechanical maintenance. It is our intention to continue this initiative to ensure growth opportunities for our women employees.

• We have been ranked the sixth Best Employer in the country from amongst more than 200 companies surveyed.

Competency
Enhancement

Leadership
Grooming


Performance
Management

Growth
Opportunities
For women

• Our work culture encourages innovation by recognizing projects to achieve aspirational targets as well as the smallest of efforts at the grassroot level. We have done this through the ASPIRE movement, TPM, Quality Circles and the instant rewards scheme – Shabash.

• Innovations in product development have led to successful customer trials and commercialization of:
  
  
  • Galvanized bake hardening steel for dent-resistant automotive use.
    
    
  • Semi processed electrical grade for use in electric motors.
    
    
  • High cremated coating on cold rolled, galvannealed steel for fuel tank application.
    
    
• The Construction Solutions Group is constantly looking to find innovative applications of steel. Besides steel intensive bus shelters and garages, India’s first steel intensive bungalows have been constructed.

• Continuous R&D efforts in process improvement include:
  
  
  • Improvement in steel ladle life through Dolo-carbon refractory bricks.
    
    
  • Genetic Algorithms for optimization in hot rolling.
    
    
  • Phase Field and Cellular Automata for modeling and predicting microstructure development in steel.

• “Learning From Failures” (LFF) sessions are conducted to inculcate a culture of freedom from failure and learning from it.

• Impetus has been given to Intellectual Property Rights. We have 133 active and filed patents and copyrights, out of which 42 were filed in 03-04.

Aspirational
Targets







Product
Development










Intellectual
Property
Rights