Managing the Challenges of Globalization

Management and the Changing Environment:

Management, as it is very often said, is the newest of the sciences but the oldest of the arts.  Wherever human endeavour is involved, management is present because the major objective of management is to achieve results.  But so long as the organizations to be managed were small and the environment in which they had to operate was uncomplicated, simple “rules of thumb” were adequate to achieve results.  However, this is no longer true.  Organizations have become large, technologies of production complex and the environment complicated and uncertain. All these changes require appropriate tools of analysis and rigorous training.

India’s Response to Globalization:

What should be India’s attitude in this environment of growing globalization?  At the outset it must be mentioned that opting out of globalization is not a viable choice.  We need to stay and fight.  What is needed is to evolve an appropriate framework to wrest maximum benefits out of international trade and investment.  Even while recognizing the benefits that flow out of globalization, we should be conscious of the risks.  Greater connectivity also leads to the quicker spread of contagion

India has much strength, which several developing countries lack.  In that sense, India is different and is in a stronger position to gain from international trade and investment.  India’s rise to the top of the IT industry in the world is a reflection of the abundance of skilled manpower in our country.  It is, therefore, in India’s interest to ensure that there is a greater freedom of movement of skilled manpower.  At the same time, we should attempt to take all efforts to ensure that we continue to remain a frontline country in the area of skilled manpower.  India can attract greater foreign investment, if we can accelerate our growth with stability.  Stability, in this context, means reasonable balance on the fiscal and external accounts.  We must maintain a competitive environment domestically so that we can take full advantage of wider market access.  What are the challenges and opportunities for which we should be prepared?  It is difficult to forecast what the future is going to be.  Nevertheless, we can perceive three strongly emerging trends.  First, technological changes are going to be even faster.  It will be no exaggeration to say that the new era will be characterized by some fundamental changes in technology.  Second, the new millennium will see greater integration of the economies.  The process of globalization will gather further momentum. Speed in communications, will accelerate flow of goods and services along with finance.  And third, the wave of rising expectations will surge even further.  All countries will become aware of the changes happening all over the world and the developing economies will naturally demand that their aspirations are met.  Not only different countries but also different segments within a country will demand that their rights are fully respected.

Nothing is an unmixed blessing.  Globalization in its present form though spurred by far reaching technological changes is not a pure technological phenomenon.  It has many dimensions including ideological.  To deal with this phenomenon, we must understand the gains and losses, the benefits as well as dangers.  To be forewarned, as the saying goes, is to be forearmed.  But we should not throw the baby with bath water.  We should also resist the temptation to blame globalization for all our failures.  Risks of an open economy are well known.  We must not, nevertheless, miss the opportunities that the global system can offer. 

The importance of higher education in building up a nation is well recognized.   The agricultural, industrial and scientific growth of this country depends upon creating a corps of well trained professionals in these areas and this can happen only with quality higher education.  We need not belittle what we have achieved.  However, there is an inescapable need to strengthen higher education in terms of quality and effectiveness. In the world of today, in effect, competition in any field is a competition in knowledge. That is why we need institutions of excellence.

About the author: Dr. Neha Jain

Education & Credentials:

  • Ph.D. (English) from Barkatullah University, Bhopal awarded in 2015
  • MBA (H.R.) from Karnataka State Open University, Mysore in 2014
  • PGDMCJ from Karnataka State Open University, Mysore in 2012
  • M.Phil. in English Literature from Sri Venkateshwara University, Tirupati in 2009
  • M.A. in English Literature from Barkatullah University, Bhopal in 2005
  • Bachelor of Arts from Barkatullah
  • Holds certificate on” Productivity Enhancement”, from National Open Colleges Network, United Kingdom, in collaboration with World Confederation of Productivity Science, Institute of Productivity, United Kingdom-  2013

Dr. Neha Jain is rendering her services as Professor & Head Dept. of English at Nitte Meenakshi Institute of Technology, Bangalore- a highly reputed and prestigious Autonomous Engineering College with 18th ranking in IndiaShe has a rich experience of teaching for more than 18 years in various parts of the country, including Jammu & Kashmir..She was also the Vice-Principal of SFGC.

She has published many papers in reputed journals approved by UGC with ISSN  &  ISBN nos. in International & National Conferences, and also  attended several International & National conferences, Seminars and Workshops.
She has authored 6 books to her credit. She has shared her rich experience with academicians/teachers by conducting several workshops & FDPs on Soft Skills. Research Methodologies, Value based leadership on Marketing Strategies, HRM, etc.

Awards & Recognition:

 Awarded as “the Best Educator” in the Indo –Thai Academic Award-2019- on 21st, September-2019, organized by International Association of Research and Developed Organization-held at Kasetsart University, Chatuchak, Bangkok,Thailand

  • MEMBERSHIPS:

Editorial Board Member of International Journal of Commerce & Management studies Journal

Nominated as   Approved Guide to supervise the Ph.D. Scholars (English) by the Lincoln University, Malaysia. (July 2020 onwards)

Nominated as an Expert Member by the Nagpur University, for conducting their interviews for faculty promotion & appointment (CAS) March 2019-onwards

Nominated as the Editorial Board Member of International Journal of Commerce and Management Studies Journal (IJCAMS) from 8th June, 2019 onwards, ISSN-2456-3684- indexing-Google Scholar, arXiv.org, Mendeley

Lifelong Membership of Red-Cross Society

  • Achievements/Awards:

Awarded as “the Best Educator” in the Indo –Thai Academic Award-2019- on 21st, September-2019, organized by International Association of Research and Developed Organization-held at Kasetsart University, Chatuchak, Bangkok, Thailand

Edited book titled, ’CISF-The Force of the Future’ released by the Honorable Prime Minister Narendra Modiji on 10th March 2019 in Delhi with ISBN:No:978-81-7506-037-1. Authored and Edited several books out of which one was prescribed for the Bangalore University, as per CBCS syllabus for 4th Semester B.Com. Bangalore University-ISBN: 978-93-5202-196-3

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