Page 9 - Tata_Chemicals_yearly-reports-2021-22

01 INTEGRATED 73 STATUTORY 178 FINANCIAL
Integrated Annual Report 2021-22 REPORT REPORTS STATEMENTS
Agile
Stay Ahead of Change
and Be Future-Ready

Agile Resilience requires organisations to have the capacity

of agility, to make rapid changes and achieve flexibility
of operations in response to the disruptive forces in
Stay Ahead of Change and the external environment and to be able to capture
immediate opportunity.
Be Future-Ready
COVID has been one such disruptive force that
compelled organisations to respond swiftly. Many
changed their business operations and processes and
some even had to make paradigm shifts in business
models. As the world recovers, geo-political tensions,
energy and commodity costs are expected to add
inflationary pressures to the global economy.

Tata Chemicals demonstrated its in 2020, we ensured business
agility in quickly responding to continuity with swift adoption of new
the external exigencies over the work processes and connectivity for
past two years with a combination all employees and stakeholders for
of operational and structural continuing business as usual
interventions.
We strengthened our customer-focussed
As the global trade was disrupted ecosystem by detecting, scanning and
during COVID period, we quickly adapting to the fluctuating needs of
responded with our global supply the customers. Changed the way we
chain network to ensure availability of engaged with the customers in terms
material to our key customers of our services, pricing contracts and
supply chain solutions
We ensured financial health by
maintaining positive cash flows. This We modified the working structure
was done through interventions such to build flexible networks of teams by
as calibrated capital spend, reduction in adopting connected ways of working.
fixed and variable costs Adopted new HR policies facilitating
employees to work efficiently from
We effectively used digital technology remote locations
to swiftly shift to work from home.
During the sudden COVID lockdown

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