Concept Map Of ITC

By -

 

 CONCEPT MAP OF ITC'S SHARED VALUE USING VALUE OCTAGON


 A concept map can represent how different components and stakeholders interact to create value for the organisation and the community in the context of a shared value creation initiative. The relationships between concepts are shown visually in a concept map. Here we have shown how ITC has created value for its shareholders using few concepts from the Value Octagon.





Comments

Post a Comment

Popular posts from this blog

Sunrise for Shareholders: How ITC's M&A Strategy Delivers Eight-Fold Value

By -
Image
ITC's acquisition of Sunrise Foods serves as an example of how its M&A approach complements its ESG and value octagon objectives, ultimately generating value for investors. Here is a deeper look into it - Market Standing and Profitability: Enhanced earnings and market share: Acquiring Sunrise Foods' devoted clientele broadens ITC's sphere of influence and fortifies its standing in the food industry. more market share and maybe more revenue from cross-selling or upselling current products to the new clientele result from this. Increased margins: ITC may be able to save costs and increase margins by utilising Sunrise Foods' well-established sales channels or effective production methods. Financial Stability and Productivity: Operational synergy: ITC may reduce redundancies, improve logistics, and optimise resource allocation by merging Sunrise Foods' processes with its own. As a result, there is an increase in financial stability through increased efficiency and c...
Read more

ITC Limited: Beyond Tobacco – A Journey of Diversification and Innovation

By -
ITC Limited, a name synonymous with cigarettes in India, has embarked on a remarkable journey of transformation in recent years. Moving beyond its tobacco roots, the company has diversified into a conglomerate with a presence in a wide range of industries, from FMCG and hotels to paperboards and agri-business. Today, we'll delve into the fascinating story of ITC's diversification and its commitment to innovation.   From Cigarettes to FMCG Giant: ITC's foray into the FMCG sector began in the 1970s with the launch of its iconic Aashirvaad brand of spices. Since then, the company has built a formidable portfolio of household favourites, including Sunfeast biscuits, Yippee! noodles, Bingo! potato chips, and Mangaldeep cooking oil.   ITC's success in FMCG can be attributed to several factors: Focus on quality and value: ITC's products are known for their superior quality and competitive pricing, making them a popular choice among Indian consumers. Strong brand ...
Read more

Performance Management at ITC: A Journey from EVA to a Balanced Approach

By -
Rethinking Performance Management In the dynamic world of business, performance management systems play a crucial role in driving organizational success. ITC Limited (ITC), a leading Indian conglomerate, has undergone a remarkable transformation in its performance management approach, transitioning from a sole focus on Economic Value Added (EVA) to a more comprehensive system that encompasses both financial and non-financial metrics. EVA: A Brief Overview EVA, a financial performance measure developed by Stern Stewart & Co., gained popularity in the 1990s as a tool to assess a company's profitability relative to its cost of capital. While EVA offered certain advantages, it faced criticism for its narrow focus on short-term financial gains and its potential to overlook critical non-financial aspects of business performance. ITC's Transition from EVA Recognizing the limitations of EVA, ITC embarked on a journey to revamp its performance management system in 2008. The ...
Read more