TCS Corporate Sustainability Report 2010-11 - Tata Consultancy ...
TCS Corporate Sustainability Report 2010-11 - Tata Consultancy ...
TCS Corporate Sustainability Report 2010-11 - Tata Consultancy ...
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Stakeholder Engagement<br />
<strong>TCS</strong> engages with a broad spectrum of stakeholders, internal and external to understand their concerns<br />
and priorities and use those inputs to guide policy formulation and decision-making. Business<br />
(or, in some cases, policy) considerations largely govern the decision on what stakeholders to engage<br />
with and in what manner.<br />
While Customers, Employees and Shareholders are obvious stakeholders, the supply-chain of our peoplecentric<br />
business consists of various academic institutions, engineering colleges, staffing agencies and<br />
other vendors. Staying at the cutting edge of technological developments requires us to closely<br />
collaborate with other technology firms to develop and go to market with industry-specific solutions.<br />
<strong>TCS</strong> is a member of a number of industry bodies like NASSCOM and CII. We work closely with these bodies<br />
in shaping policy, with local, state and central governments across the world to roll out e-governance<br />
initiatives or as part of government-facilitated community betterment initiatives. Lastly, we work with<br />
local communities directly or through various NGOs as part of our CSR initiatives in different parts of the<br />
world, and with the larger society.<br />
Given below is a list of key stakeholders that <strong>TCS</strong> engages with, the interfacing group within <strong>TCS</strong>, the<br />
forms of engagement and the frequency. Some other stakeholders that we closely engage with, such as<br />
Industry Analysts, Equity Analysts and the media have not been mentioned here because they are proxies<br />
for other named stakeholders – customers, shareholders and the larger society respectively.<br />
Stakeholder Interfacing Group Engagement Types by Frequency<br />
Customers<br />
Sales/Pre-Sales, Marketing,<br />
Delivery Teams, Senior Mgmt<br />
Employees<br />
HR , Senior Mgmt<br />
As needed: Project-related Calls and meetings, PMRs, Relationship Meetings,<br />
Visits, Responses to RFI/RFPs, Sponsored Events, Mailers,<br />
Newsletters, Brochures<br />
Continuous: <strong>TCS</strong> website, Customer portal 2<br />
Half-yearly: Customer Satisfaction Surveys<br />
Annual: Customer Summit, Innovation Day<br />
As needed: Town Halls, Roadshows, Project / Operations Reviews,<br />
Videoconferences, Audio conference calls, PEEP, PROPEL<br />
(associate forum), One-on-one counseling<br />
Monthly: @<strong>TCS</strong> (Inhouse magazine)<br />
Continuous: <strong>TCS</strong> website, Ultimatix Notice Board, CEO Connect, CTO Blog,<br />
<strong>Corporate</strong> Corner, JustAsk, IdeaMAX, Dipstick surveys, mPower<br />
(quick grievance redressal)<br />
Annual: PULSE (employee feedback survey), Hats Off (Long Service<br />
Awards), Velocity (Sales meet), Blitz (Business Planning meet)<br />
2 The Survey is done at an account-level and measures <strong>TCS</strong>’ performance on various parameters across multiple dimensions. In FY 20<strong>11</strong>, performance ratings improved<br />
broadly. Areas where clients showed maximum satisfaction were: 'Responsiveness to emergencies' and 'Adherence to security norms'.<br />
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