Principles of Management – II is a comprehensive and contemporary guide that explores advanced concepts and practices essential for effective management in today’s dynamic business environment. The book is designed to help learners develop strategic thinking, leadership skills, and a deeper understanding of modern organizational challenges.
It covers key areas such as strategic management, innovation and change, global and cross-cultural management, ethics and corporate governance, performance management, and leadership. The text also highlights the growing importance of digital transformation and sustainable management practices in shaping future-ready organizations.
Written in a clear, structured, and student-friendly manner, the book emphasizes practical application through real-world examples and current business scenarios. It enables readers to connect theoretical concepts with modern management practices and decision-making processes.
An ideal resource for learners, this book serves as a reliable guide for building advanced managerial skills and preparing for professional roles in a rapidly evolving global business landscape.
1. Strategic Management
1.1 Meaning and Importance of Strategy
1.2 Levels of Strategy: Corporate, Business, Functional
1.3 Environmental Scanning and SWOT
1.4 Competitive Analysis (Porter’s Five Forces)
1.5 Strategic Alliances and Mergers
2. Innovation and Change
2.1 Types of Innovation: Product, Process, Business Model
2.2 Creativity in Organizations
2.3 Change Management Models (Kotter, Lewin)
2.4 Barriers to Innovation and Managing Resistance to Change
2.5 Building Innovative Culture
3. Global and Cross-Cultural Management
3.1 Globalization and Management Practices
3.2 Cross-Cultural Leadership and Communication
3.3 Global Organizational Structures
3.4 Hofstede’s Cultural Dimensions
3.5 Managing International Teams
4. Ethics and Corporate Governance
4.1 Meaning of Business Ethics
4.2 Ethical Decision-Making Frameworks
4.3 Corporate Governance: Principles and Importance
4.4 CSR and ESG Practices
4.5 Transparency, Accountability, and Ethical Leadership
5. Performance and Leadership
5.1 Performance Management Systems
5.2 Key Performance Indicators (Kpis) and Okrs
5.3 Feedback and Performance Appraisal Methods
5.4 Leadership Styles and Emotional Intelligence
5.5 Coaching, Mentoring, and Employee Development
6. Digital and Sustainable Management
6.1 Use of Digital Tools in Business Functions
6.2 Artificial Intelligence and Automation in Management
6.3 Sustainable Management Practices
6.4 Green Business Models and Circular Economy
6.5 Corporate Sustainability Strategies
This textbook is aligned with the revised syllabus as outlined by the National Education Policy 2020 (NEP 2020) for the Commerce and Management Faculty at K.B.C. North Maharashtra University, Jalgaon, effective from June 2025.