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The world we live in is changing swiftly. In these changing times, old habits will prove ineffective and fail to have any impact on the growth of life. “The type of change which has been witnessed in the realm of business during the past two centuries since the dawn of the Industrial Revolution era in the West is of such a fundamental character that it has materially altered the entire fabric of man’s way of life,” explains Uday Salunkhe, Group Director of WeSchool.
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Uday Salunkhe Explains The Dynamics Of Management In Global Economy
The world we live in is changing swiftly. In these changing times, old habits will prove ineffective and fail to have any impact on the growth of life. http://www.udaysalunkhe.com
“The type of change which has been witnessed in the realm of business during the past two centuries since the dawn of the Industrial Revolution era in the West is of such a fundamental character that it has materially altered the entire fabric of man’s way of life,” explains Uday Salunkhe, Group Director of WeSchool. http://www.udaysalunkhewelingkar.com
However, the industrial revolution has had its decisice impact on the environment as well as an influence on the business. http://www.udaysalunkhe.net
Uday Salunkhe explains the significant intensification of this two way process. “Most businesses face the challenges of rapidly changing environment,” he says. “Where business is the engine of growth, management is the driver of economic growth.” http://www.udaysalunkhe.in
Globalisation and liberalisation are the two critical phases that the Indian economy is going through. Salunkhe explains that India is facing stiff competition from MNCs as most companies have started adapting to this change. http://www.udaysalunkhewelingkar.net
“It is necessary for companies to change the way they function and relook at the role of management to enhance organization growth and expansions,” says Uday Salunkhe. http://www.udaysalunkhe.co.in
Mergers and acquisitions will no more be a part of business growth and business expansion. Instead, the growth and expansion will have to depend on alliances, partnerships, joint ventures, and relations with organizations located in political jurisdictions, concludes Uday Salunkhe http://www.udaysalunkhewelingkar.in
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