About this Presentation
After years of downsizing and losing business to lower cost producers, the UK Steel business, including Tata Steel UK’s operations, was in deep trouble. During early 2015, the Tata board decided that all options were on the table - from portfolio restructuring to the potential divestment of Tata Steel UK, in whole or in part. In April 2016, Bimlendra Jha was appointed as Tata Steel UK’s CEO to lead the turnaround of Tata Steel’s UK operations to create a viable future for the UK steel industry. In this keynote presentation, Mr. Jha will share the journey they embarked on to get the support and contribution of all stakeholders to achieve the turnaround, and the important role that the implementation of TOC played. Dr. Alan Barnard will be presenting a short overview of the main TOC rules that have been implemented and the important role that simulation modeling played in helping the management team make better faster decisions. Video length: . PDF: slides.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
Instructor(s)
Bimlendra Jha
Mr. Bimlendra Jha is a B. Tech in Ceramic Engineering from IIT Varanasi and a Post Graduate Diploma in Business Management, Marketing and Finance from XLRI Jamshedpur. Presently, he is Managing Director of Jindal Steel and Power. Prior to this, he has been the MD & CEO of Ambuja Cement Limited and associated with Tata Steel Ltd. for nearly three decades where he has held multiple leadership roles including CEO Tata Steel UK looking after operations in UK, Sweden, and Canada and Executive Director on the Board of Tata Steel Europe. He has been actively involved in strategic portfolio restructuring and supply chain transformation in Europe and market development, sales and brand management, and innovation in construction practices in India. This includes his high profile rescue of British Steel from imminent closure, the design of new processes in Marketing, Value Selling, Channel Loyalty programs and launch of new product and service concepts using TOC. It has now been a couple of decades since Bimlendra invented an integrated improvement framework for Tata Steel, branded ASPIRE T3, combining the best practices of TOC, TPM and TQM. Many of its outcomes were subsequently recognized as leading best practices by a jury that granted the Deming Grand Prize to Tata Steel.