Indian Management, New Horizons 2010.pdf

NEW HORIZONS IN INDIAN MANAGEMENT
NEW HORIZONS IN INDIAN
MANAGEMENT
Dr. Krishna Mohan Mathur
Dr. Pragya Mathur Kumar
Shiv Shubhang Mathur
Nandita Narayan Mathur
New Horizons in Indian Management
© Krishna Maohan Mathur, Pragya M. Kumar
Shiv Shu bhang Mathur, Nandita Narayan Mathur
ISBN: 81-7835-711-9
All rights reserved. No Part of this book may be
reproduced in any manner without written permission.
Published in 2010 in India by
Kalpaz Publications
C-30, Satyawati Nagar,
Delhi-110052
E-mail: kalpaz@
Phone: 9212729499
Lasser Type Setting by: Quick Media, Delhi
Printed at : Young Art Press, Delhi
Dedication
This book is dedicated to the almighty Lord Ganesha
with the following invocation
~y we worship Ganapati
the protector of the noble people,
the best poet,
the most honourable,
the greatest ruler and
the treasure of all knowledge
and wisdom
o Ganapati! Please listen to us
and take your seat in our hearts
(Rig Veda, )
Contents
Preface 9
l. Managing the Changing India 15
2. New Horizons in Indian Management 67
3. The Ethos of Indian Management 123
4. Managing Indian Economy- ] 61
Towards Good Governance
5. Corporate Governance 209
6. Change Management 239
7. Spirituality and Management 269
8. Strategic Human Resource Management 307
9. Towards-Global Leadership 349
10. Preparing Leadership for Future 387
Appendices
Appendix-A: . Financial Crisis and its Impact 431
Appendix-B : Indo-. Nuclear Deal-2008 438
Index 443
Preface
An ancient civilization but a young nation, the incredible
India as a nation has been constantly changing and steadfastly
moving towards being a self sufficient, strong federal democratic
nation. During the last few years there has been a noticeable
shift in the landscape of global economy from West to East and
from the well established behemoths of the corporate world to a
new breed of