Classification of risk Description Mitigation strategy

Technology risk  Cybersecurity risk  Reinforcement of

threatening data
privacy
 Risks related to legacy
IT systems and system
migration projects,
affect operations &
financial performance
Regulatory risk  Environmental
regulations
 Compliance issues due
to shift from fossil
fuels to renewable
energy
 Challenge in meeting
tailpipe emission
standards
 Compliance
requirements of
reducing carbon
emissions
Financial risk  Availability of cost
effective capital
 Execution risk
security policies and
procedures
 Enterprise wide
training and awareness
programs on
information security
 Regular internal and
external audits
 Investment in cyber
insurance
 JLR is committed to
science based target to
reduce carbon
emissions
 Upgraded their
portfolio, creating
substantial value
 Aim for net zero
emissions by 2039
 Maintain strong
liquidity to navigate
any funding challenges
 Appropriate business
model/financial
structuring is
developed
 Modified to demand
pull strategy

Management strategy

A new organisational strategy has been developed by Tata Motors, and it is supported by
modifications to its mission, vision, and goal. The new strategy is to produce and supply tense
inventions in order to achieve sustained financial performance. According to an analysis of the
company's mission and vision, it is committed to developing a respectable brand reputation that will
draw in more customers. "We invent mobility solutions with a passion for increasing the quality of
life," reads Tata Motor's new mission statement (Gupta and Malhotra 111). By 2019, the business
hopes to rank among the top three industrial vehicle manufacturers worldwide.

According to Tata Motors' vision statement, it seeks to increase product excellence, effectiveness,
and value in a manner which will gain the respect of its customers, employees, business partners,
and investors. In order to increase its market share in the global automotive sector, the corporation
has revised its approach. In addition to the other two modular platforms, the new strategy calls for
the establishment of a sub-brand called TAMO (Pathak and Pathak 17). In order to compete with
other industry participants, a number of enhancements will also be implemented to the passenger
car market. The company will be able to introduce new products covering all of its business areas
thanks to the cutting-edge modular platforms.