The book aims at ascertaining the perception of the corporate world about the strategic management of technology. It addresses questions like what do top and middle management of technology-based or technology intensive organizations expect from technology management strategies? What instructions, directives and guidelines are desired in pursuit of a technology management strategy? How can a corporation maintain its technological supremacy? How helpful the technology strategy can be in promoting the innovation culture in an organization? Some of the issues identified are management of technology as a core management function, technology strategy and its integration with corporate business strategy, technological leadership, balancing the technology push and market pull, technological alliances, technology forecasting, technology planning, in-house technology development, adoption of innovations and new technologies, technology absorption, innovation culture, technology transfer models, indigenization of acquired technology, vendor development, technology acquisition from different sources, environmental concerns in technology management, investment in technology, exploitation by technology providers, technology waste, strategic flexibility, flexibility in technological innovations, technology acquisition flexibility, and organizational flexibility. These issues were validated through an exploratory study which was followed by an idea engineering exercise. The specific objective of the book is to gain insight of the state of art related to technology management practices being followed by Indian automobile and component manufacturing firms, for planning, developing, acquiring, innovating, adopting, and phasing out technology at macro level (i.e. at industry level) and thereby evolving out strategies for effective management of technology at micro level (i.e. at individual firm level) with an emphasis on flexibility in technology strategy. The book is likely to be found useful as reading to the students and researchers in the area of Management of Technology which has been found as a serious gap in overall working of corporate firms in India. Besides, the study may be found relevant to the automobile firms of developing countries.

Human Resource Development (HRD) is the latest innovation in management sciences. A great deal of understanding about the HRD concept has evolved in our industrial undertakings, the impact of HRD is yet to be examined and acknowledged. This book is an attempt to study the impact of HRD on increasing organizational effectiveness and generating HRD climate. Besides, the book is enriched with the conceptual frame work of HRD, the studies undertaken in the past, existing pattern of HRD practices in the two public sector undertakings, BHEL and NFL and the relationship in HRD variables, personal history factors and effectiveness variables. The study undertaken in the book presents a general model of HRD, which explains the variables contributing significantly to the development of HRD climate in the public sector undertakings in India. The book is of immense value to the researchers and professionals of HRD.

The process to restructure Indian financial system launched since 1991 has been accompanied by a surge of financial particularly private flows. Driven by a number of internal and external factors these private financial flows pose risks to financial systems. Several countries that have received substantial financial flows have faced costly banking crises. The present book attempts to study the impact of international financial flows particularly private flows on Indian financial system. Based on the analysis of data, the book attempts to spell out what restructuring is needed in Indian financial system to attract and sustain inflows and to avert the risks posed by inflows to India. It holds various policy implications to restructure Indian financial system in response to financial flows and should be of interest to policy makers and academicians. This book intends to enlighten the readers regarding: . Changing nature and composition of international financial flows. . Issues/concerns raised by private, international flows. . Trends in private non-debt flows to India since 1990s. . Empirical work on impact of financial flows on financial system. . Indian initiatives to restructure its capital market and banking sector in 1990s. . Policy implications on restructuring Indian financial system in response to private financial flows.

The book is designed to equip a college student of business manager with the knowledge and skills that are necessary to handle the public policy dimension of job effectively. In recent years there has been a rapid growth of courses in Universities in 'Business and Society', Business and Its Environment, 'Legal Environment of Business' and other related subjects. It is our hope that instructors of such courses and their students will find in this book all the basic issues, which they find interesting and important. It is a study of business environment interface. The book deals with the Role of Business in Modern Society. It also deals with some of the important environmental factors that are relevant to public policy. The book contains the following chapters: 1. The Role of Business in Society 2. Business and Its Environment 3. An Introduction to Public Policy 4. Public Policy and Social Role of Business 5. The Ethical Conduct of Business in Modern Society 6. Social Responsibility of Business 7. The Social Audit 8. Consumerism 9. Business and Ecology 10. Public Issues Management 11. Trusteeship Concept 12. The Future of Business and Public Policy Appendix : A Jawahar Rojgar Yojana Appendix : B Eighth Plan : An Overview Bibliography