The corporate world has been evolving on a continuous basis. However, due to the impact of globalization (and liberalization in India) the trend has assumed revolutionary pace. Corporate M & As’ and restructuring worldwide has almost metamorphosed the business scenario. Concomitant with these developments the Executive world has been witnessing several changes in the working environment. The new CEO has to shape up accordingly in terms of professional expertise, style of working and relationships. Intense competition has occasioned the need to sharpen his leadership and managerialskills. Recent emphasis on good corporate governance has posed further challenge to him in terms of ethics, social responsibility and responsive stance to the needs and expectations of the various stakeholders. The author has captured the situation and described the evolving trends for the last 50 years by giving examples and highlighting cases from the MNCs , PSUs and PSEs. Case studies on “Business Ethicsâ€, “Decision Makingâ€, and “Succession†aptly sum up the situation. It is expected that the book will reach many hands in India and abroad and benefit students, executives and managers aspiring to be CEOs in various business sectors. The business faculty could perhaps draw comparison with models and theories and supplement the thesis in future by virtue of study, research and interaction with students and executives around the globe.
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