Management Theory and Practice

About the Book

Human Resources are the only strategic resources of an Industry. Every organisation is composed of people and utilizing their services, developing their skills motivating them to enhance their performance ensuring that they remain committed to the organisation.This goes a long way in building capabilities and enhancing organisational effectiveness to counter the threats of extinction as a result titanic market competition.

My intention behind authoring this book is to give a documented form to my observations and experience as far as the theory and practice of management is concerned.

This book has been planned in twenty seven chapters covering all salient areas of Management - from planning. organizing, directing, controlling, coordinating, delegation, SMP, International Management, CSR, Performance Management, Decision Making, Stress Management, Management Development and succession planning, Entrepreneurial Management and compensation management. There were requests from many corners to highlight chapters like Global Perspective of Management and the burning issues of Talent Management. Both the Chapters have been added in this book.

I will be extremely grateful to the readers if they suggest relevant points for its further improvement.

About the Author

Mr. S.B. Sharan obtained a Masters Degree in Political Science in 1964. He, thereafter, completed a Post Graduate Degree in Labour and Social Welfare from Kolkata University. Finally, he achieved an Advance Honours Degree in Management from UK. He has 32 years of experience in HRD in Steel Authority of India Limited where he was an active member of Strategic Core Group of SAIL. He has also worked as Head of HRM and Chief Factory Manager of Birla Cement after his retirement from SAIL. He also worked as Director of a B - School under Ranchi University for 6 - years. He also authored six books on subjects like Readings in Strategic Management, Readings in Behavioural Dynamics, Human Resource Management, Industrial Legislation and Labour Laws, Organisational Development and Intervention Strategies and The Theory and Practice of Management.

He has coordinated and conducted Change Assignments in UK, Germany, Austria, UAE and various industries in India.

He started his own startup company- UDIT HR CONSULTANTS with HO in Mumbai and Regional Office in Jamshedpur.