Hardcover. Corporations are crucial to society's well-being. Yet, not many have chosen to adapt themselves to the expectations of employees and the society at large. Prof. Ram Mohan identifies the three main problems that all companies and illustrates the ways in which these can be combated. Most companies are still run from the top and make very little attempt to involve employees at the lower levels in decision-making. Executive compensation has spiralled steeply in recent years because the process of determining it is seriously flawed. Boards of directors are ineffective and have abetted the cult of the charismatic CEO who is expected to work wonders. Corporations play a vital role in society but many fail to meet employee and societal expectations. Prof. Ram Mohan highlights issues like top-down management, flawed executive compensation, and ineffective boards. Solutions include involving employees in decision-making and reevaluating CEO influence. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.

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Bibliographic Details

Title: Rethinc (Hardcover)
Publisher: Random House, India, Noida
Publication Date: 2015
Language: English
ISBN 10: 8184006810
ISBN 13: 9788184006810
Binding: Hardcover
Condition: new

About this title

Synopsis

Corporations are crucial to society's well-being. Yet, not many have chosen to adapt themselves to the expectations of employees and the society at large. Prof. Ram Mohan identifies the three main problems that all companies and illustrates the ways in which these can be combated. Most companies are still run from the top and make very little attempt to involve employees at the lower levels in decision-making. Executive compensation has spiralled steeply in recent years because the process of determining it is seriously flawed. Boards of directors are ineffective and have abetted the cult of the charismatic CEO who is expected to work wonders.

About the Author

Prof. Ram Mohan, professor of finance and economics at IIM Ahmedabad, has donned several hats - management consultant, financial journalist, investment banker, academic and independent director on company boards - and has also served on RBI and SEBI committees. This is his sixth book.

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