Management Dynamics In Transforming Economy

The need of the hour is professionally trained employees, equipped

managers, research-oriented scholars and intellectual academicians in our

nation due to rapid industrialization, commercialization and globalization

with growing competition. To achieve professionally sound managerial

skills and competence, managers, both present and future ones are

required to get fully equipped with the current scenario of business and

proper understanding of it. India has to nurture itself in such a way that

it can take advantage of demographic dividend in the current business

race. To convert the Indian economy into developed economy is the real

challenge for the Government and providing the shape of super economic

power is full of threats. Also the present business world is passing through

major changes like worldwide competition, survival of the fittest, skill-

based services, transfer of technology and so on managers are supposed

to update and upgrade their specialization as per the need of super-

specialization so knowledge is the indispensable part for achieving the

targets pre-determined by the pragmatic administrators.

The contributors in this book have used the latest tools, techniques

and data for contributing to the addition in the existing body of the

knowledge in the dynamic field of management practices and have made

serious academic attempt to elaborate on the conceptual implications

with the empirical evidence with special reference to Indian scenario. It istargeted that the book will help the academicians & teachers, management

houses, industrialists, entrepreneurs, researchers & scholars, students

and general readers in unique way to provide proper combination of

theory with practical application of present management practices and

allied areas. This book can help practitioners develop a shared vision

and understanding of interpretive discussion and its flexible uses across

management areas. The research papers, articles, literature, case studies

and theories can structure and guide management stakeholders of not

only academia but the corporate house as well.

The editors of this book Dr. Mohit Kumar, Dr. Rishish Mishra and Mr. Abhishek

Mishra deserve appreciation for assembling healthy bent of knowledge by

combining the present management practices in our emerging economy. I

wish that this book will serve the readers as a serious academic endeavour

in the sphere of business management and allied subjects.