Sumati Reddy
34 books
Corporate Social Responsibility (CSR) is coming of age in business practice, teaching, and research. But it is not a well-defined field of study with clear boundaries; rather it is a field of practice that comprises several intellectual agendas and lines of inquiry. CSR is of interest to diverse groups, who in turn have different priorities. These groups include businesspersons, academia, governing bodies, non-governmental organizations, the community, and the ...
Organizational culture is the system of shared actions, values and beliefs that develops within organizations and guides the behaviour of its members. It is said that each organization has its own distinct culture, which, in turn, is an outcome of its past experiences. It assumes the leader's role in shaping the organization s identity, the organization's collective learning based on responses to external changes, incidents that occur within the organization, the ...
Mergers and acquisitions (M&As), if executed well, offer tremendous value to the stakeholders of a business. M&As lead to efficient use of all resources, leverage on the capabilities of the merging entities, and lead to an increase in shareholder value. The business scenarios in the US and Western Europe have witnessed significant activity in terms of the number of M&A deals executed during the last couple of decades. As a result, the US and European ...
Creative Training Techniques (CTT) constitute innovative approaches to training and development through the use of games, group activities, and certain novel principles of training and development. Investments made in such training results in benefits to the organization in many ways, including honing of employees’ skills, increased productivity, heightened morale, reduced supervision, reduced accidents, and increased organizational stability and flexibility. ...
The strategic role that HR can play in determining the success of a merger or acquisition has been largely downplayed. Due to this, many M&As have failed. Often, managements of M&As need multi-dimensional expertise involving cross-functional perspectives, apart from external advice and support. This advice and support is best derived from experience in handling M&As.
One fallout of globalization is the race to the bottom. This refers to the dismantling of regulatory standards when two or more nations compete over their investments, skilled labor, etc, and ends when the lowest common denominator in terms of cost of capital or cost of labor is reached. This book takes a realistic look at the employment and treatment of workers employed in sweatshops internationally.
Corporate failures and corporate scandals create a sensation in the community and people are drawn to such news like bees. In fact, scandals get noticed by more people than successes do and the former are retained in public memory for a much longer time than does the achievement of great milestones or the receipt of awards and certifications. Maintaining a positive corporate reputation is not just to do with maintaining good public relations. It has a lot to do ...
Since the time the Balanced Scorecard (BSC) was developed in the early 1990s, it has been implemented in several organizations in the manufacturing and service sectors around the world with varying degrees of success. The fact that it continues to be implemented in more and more organizations is an indicator of its relative popularity compared to other approaches of management. This book documents the experiences of different sectors, which have either had ...
Personality development pertains to fine-tuning the organized pattern of behaviors and attitudes that makes a person distinctive and effective in interpersonal situations. Personality development is the result of the ongoing interaction of temperament, character, and environment. There are several approaches that can be adopted to enhance one's personality. Although a significant part of our personality is determined at birth (nature), an equally significant part ...
The human mind is an enigma. Human choices and behaviour are governed by several factors. Managers face the challenge of managing a group of individuals, each driven by a set of rational and irrational thoughts and impulses. Customers make choices based on a number of factors, many of which are governed by the mind. Organizations strive to unleash the inherent potential and creativity of its individual members in order to scale new heights. By introducing new ...
Globalisation of business is leading to an increase in the number of expatriates being sent to foreign locales to tap opportunities thrown up by the changing business environment. However, this is adding to the complexity of expatriate management. It is not just management-related aspects that need due consideration, but a host of other issues that do not normally come under the purview of HR professionals. Cross-cultural issues present a key area of ...
By 2050, the world will have two billion older people who will outnumber children. This means that we are an aging population and this has deep implications on our availability of labour. This book demonstrates how retired people can be used to avoid a talent crunch. The opinions of trade unions, researchers, public agencies, private employers, managers and workers have been included here. They believe that by making a few adjustments, older people can work ...
With the focus on safeguarding the environment, companies are under pressure to comply with environmental and social standards. What has emerged is the generation of Sustainability Reports (SRs) that detail the initiatives of the company in the context of sustainable development. Apart from discussing frameworks and approaches for efficient reporting, this book details experiences of Australia, Asia, India, Japan, Austria and Sweden with respect to SR.
This book is a combination of Human Resource Management concepts and those of Strategic Management, which help make a company more productive. It explains that the synergies and strategies that prove useful in one domain of an organization can serve as innovative methods to manage the same functions of another domain. Employees who can think laterally and who can look for areas of mutual interest between domains can use these concepts to adopt an attitude of ...
For globalization of business to be successful, businessmen must know the business and cultural milieu of foreign countries. This book opens the readers mind to various aspects of the international negotiating process as done in the Americas, Asia, Europe and the UAE. It can be useful to managers, government officials, students and teachers.
Learning is not merely the acquisition of new knowledge. It is a continuous process of keeping in touch with change that involves unlearning and relearning. Moreover, it is a continual, dynamic process requiring the learner to act, to experiment, to reflect upon his actions, analyze the reactions and, thus, be attuned to learning on the path of progress. Learning is vital for survival, growth, and development from individual, organizational, and the global ...
When a company conducts business with social responsibility to raise the living standards of its stakeholders, it is good corporate citizenship. To be a company with a conscience is the need of the hour. Cases discussed here include those of Dr. Reddy’s Laboratories, IBM, Nestlé, Unocal and National Dairy Development Board of India.
Asset Reconstruction Companies are valuable in helping ailing banks turn around their balance sheets to become profitable. This book brings upfront to the reader all the crucial parameters to be favored in asset reconstruction and is more than educative for banking and finance professionals. Read all about increasing the effectiveness of multi-source assessment systems and much more.
This is a unique book that looks at CSR in the context of Supply Chain Management. It explores how environmentally and socially responsible actions of businesses can help leverage supply chain sustainable progress, maintain quality, optimize energy, and protect the environment. Also included are experiences of the pulp and paper Industry in Lebanon and more.
Health is wealth, even in the workplace. In these days of overwork and high-pressured jobs, when we work too hard, our system protests. This book explores employee well-being, coherently brought out with the help of case studies on Johnson & Johnson’s Health and Wellness Program, Hayco Manufacturing Ltd, Karoshi, and others.
Corporate Social Responsibility is more than just image building. This book seeks to explore some concepts of CSR, its scope and practices, how it differs from business ethics, what is socially responsible investment, etc. Included are insightful cases on Reebok, The Bhopal Gas Tragedy, Argyle and CSR in India.
Downsizing is a very painful task for a company and harder for a longstanding employee to accept. It is prevalent in Japan, France and India where companies are forced to trim the workforce. This book introduces the reader to various aspects of downsizing and the experiences of some corporate houses with downsizing.
Global managers face numerous challenges due to cultural differences that manifest in their work life. With increased mobility, managers face more challenges in managing global business since the values and beliefs held by individuals vary from one country to another and even the way the organization is managed differs drastically from one nation to other. Globalization of businesses requires employees to equip themselves with cross-cultural skills. Managing a ...
For managers of global businesses, managing virtual work is imperative, but the greatest challenge lies in the fact that they are untrained to handle virtual teams. This requires knowledge of processes and protocols, flexibility in regional and cultural ways of functioning, etc. Read this book to know all about key aspects of management for virtual work. It is aimed at today’s global business managers, business students and those involved in virtual work.