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Management Theory and Practice- Assignment

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Added on  2020-11-12

Management Theory and Practice- Assignment

   Added on 2020-11-12

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MANAGEMENT THEORY ANDPRACTICE
Management Theory and Practice- Assignment_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1Leadership affecting organizations in India and Worldwide...........................................................1CONCLUSION................................................................................................................................2REFERENCES................................................................................................................................3
Management Theory and Practice- Assignment_2
INTRODUCTIONLeaders are very essential for organisations or businesses as they help other people towork in coordination effectively to achieve a common goal and objective. The present report isin context to Indian organisations and their leaders; it will include a brief description about howleadership has affected Indian and worldwide companies. This report will explain the impact ofleadership or management of organisations or businesses. LEADERSHIP AFFECTING ORGANIZATIONS IN INDIA ANDWORLDWIDEA huge number of Indian companies have achieved a high growth during past years, butas of today many organizations are facing negative side effects – a national crisisleadership(Leadership, 2017). It can be said that Indian organizations are victims of their ownsuccess. One Senior Human Resource Manager at a large private sector corporation said thatpeople have been largely focused on growth that they have not invested in development. He alsoexplained that there is a strong circle of the leadership in the company but there is no tag team. Recent survey information is supporting this claim or statement that was published in2015 study by Harvard Publishing, 90% of top organizations in India observed a major challengewhich was gap in leadership practice. Management Group talent shortage survey presented that48% of employers in Indian companies find it difficult to hire qualified candidates for theirsenior managerial positions. Therefore, it can be concluded from this survey that lack ofavailability related to senior managers have a great negative impact on the overall performanceof companies in India. Looking for leadersIndia's young and under-prepared population, its changing business models and its rapideconomic growth are the most visible contributors to its leadership shortage. Since a long time,Indian business leaders or managers were more focused towards development of technologyrather than people working in their organisations. The Indian organisations planned to offer aseat in the management committee to the Human Resource Manager, which assisted thecompanies to fill the empty positions of leaders needed. Due to this, HR department often has alimited role or responsibility in the strategic planning and decision-making process that result in1
Management Theory and Practice- Assignment_3

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