Indian Management -Thought and Practice

Indian business and industry in the 21st century has witnessed mind boggling changes on account of the opening up of the economy in late 20th century. The onrush of competition from across the Indian shores and the unleashing of the enterprising spirit within the nation changed the business and economic scenario to such a great extent that managing business with the paradigms of the previous century became extremely unfeasible and incompatible. In such a scenario not only the private sector but also the public sector repositioned itself to survive and flourish in a seamless global market.The chapters included in this book mirror this concern with the new reality. They spotlight attention on the attempt of Indian business organisations to reinvent themselves to fulfill their strategic intent and contribute to the overall welfare and well being of each of their stake holders. They also focus attention on the nature of changes that management has undergone in the Indian context, in the specific areas of Human resource, Finance and Marketing. The studies included here show that while the private sector organizations are capitalizing on the liberalized business environment, the public sector companies and corporations too are emerging out of their bureaucratic comfort zones to give the private sector run for money. Some of the studies also look at the changes in the regulatory and policy environment and are more or less eulogistic about them. It is our conviction that this book will act as a window on a new and resilient India Incorporated as compared to the times when business and industry clamored for protection against the opening up of the economy.

About the Author :
Amit Gupta, Chairman, JIMS, is an alumnus of Shri Ram College of Commerce and IIFT. Doctorate in Management from GGS Indraprastha University, he is a member of many Committees of Indraprastha University and holds membership of various national educational associations, namely, National HRD Network, All India Management Association, and Association of Indian Management Schools etc. He was recently selected among 2000 Outstanding Intellectuals of the 21st Century by International Biographical Centre, Cambridge, England. He was also conferred the prestigious title of "Man of the Year-2003" by the American Bibliographical Institute for his overall accomplishments and contribution to Society. The Institute of Economic Studies has also conferred on him Shiksha Ratan Award and Gold Medal for his outstanding contribution to the development of professional education in India. Ravi K. Dhar is the Director of Jagannath International Management School, Vasant Kunj, New Delhi. With more than 24 years of teaching experience, 20 of which have been in university departments in Shillong and Ludhiana, he has also taught at Jammu and Addis Ababa and lectured in Kuala Lumpur, Malaysia. In the course of his work, he has traveled to Korea, Singapore, Malaysia, Thailand, Ethiopia and Sweden. Prior to joining JIMS, he was the Director of Tecnia Institute of Advanced Studies, affiliated to GGS IP University. Dr. Dhar also dabbles in poetry and blogging. He has a poetry homepage on www.kavitanjali.com and a blog, http: //ravikdhar.blogspot.com/., Silky V. Kushwah is currently Assistant Professor of Finance, Jagannath International Management School, New Delhi. With over 5 years of teaching and research experience, she has around 27 research publications to her credit in national and international journals of repute. Her main area of specialization is financial markets and institutions. At present, she is working on her new book, Business Economics.