I regret that Sumantra Ghoshal has died - however, his books and theories are still highly influential.
For his popularity and influence among the leaders of business, The Economist magazine recently named Ghoshal as one of the Eurogurus.
Ghoshal believes that big corporations have emerged as perhaps the most important social and economic institutions in our modern society. They are much more than money-making machines. They are what holds society together and provide it with the means of progress. The problem is that their managers don't always understand this bigger role and, if they do, they don't always like all that it implies.
Ghoshal thinks it is crucial for our societies that the managers wake up to their new role and, more than that, that these giant organizations learn how to re-invent themselves so that they can go on producing wealth and driving progress for us all.
Ghoshal sees the new philosophy of management being focused not on the management of financial capital but on human capital. Human capital is not just the knowledge and skills that individuals bring with them, it also means what he calls 'social capital' the relationships in the organization, and the 'emotional capital', the motivations and emotions that govern so much of what we do.
It's not enough to think of employees as assets. Perhaps we should think of them as volunteer investors, choosing to invest their talents in the organizations they have joined.
Of all our gurus he is perhaps the most international, the one best equipped to carry ideas across borders. Let's hope he does, because there may well be as many insights to be found in his native land of India as in the countries of the West.
Biography
Professor Ghoshal from Calcutta, India, holds doctoral degrees in Management from both MIT and Harvard. He holds the Robert P. Bauman Chair in Strategic Leadership at the London Business School and is the founding Dean of the new Indian School of Business new Indian Business School in Hyderabad, India.
He has also taught at INSEAD, France and at MIT's Sloan School of Management, Boston, USA.
When not teaching and researching Professor Ghoshal consults with several companies around the world and works with several professional journals.
His most recent book, Managing Radical Change, explores how organisations can achieve radical improvement and survive in a rapidly changing business environment.
He has published numerous award winning articles and books, including a series in the Harvard Business Review on the Changing Role of Top Management that looked at how leaders can unleash the human spirit which makes initiatives, creativity and entrepreneurship possible.
A brilliant keynote speaker, Professor Ghoshal captivates his audience with his enthusiastic style that is as stimulating as it is informative and insightful
Bibliography:
Ghoshal published 10 books, over 70 articles and several award-winning case studies.
For his popularity and influence among the leaders of business, The Economist magazine recently named Ghoshal as one of the Eurogurus.
Ghoshal believes that big corporations have emerged as perhaps the most important social and economic institutions in our modern society. They are much more than money-making machines. They are what holds society together and provide it with the means of progress. The problem is that their managers don't always understand this bigger role and, if they do, they don't always like all that it implies.
Ghoshal thinks it is crucial for our societies that the managers wake up to their new role and, more than that, that these giant organizations learn how to re-invent themselves so that they can go on producing wealth and driving progress for us all.
Ghoshal sees the new philosophy of management being focused not on the management of financial capital but on human capital. Human capital is not just the knowledge and skills that individuals bring with them, it also means what he calls 'social capital' the relationships in the organization, and the 'emotional capital', the motivations and emotions that govern so much of what we do.
It's not enough to think of employees as assets. Perhaps we should think of them as volunteer investors, choosing to invest their talents in the organizations they have joined.
Of all our gurus he is perhaps the most international, the one best equipped to carry ideas across borders. Let's hope he does, because there may well be as many insights to be found in his native land of India as in the countries of the West.
Biography
Professor Ghoshal from Calcutta, India, holds doctoral degrees in Management from both MIT and Harvard. He holds the Robert P. Bauman Chair in Strategic Leadership at the London Business School and is the founding Dean of the new Indian School of Business new Indian Business School in Hyderabad, India.
He has also taught at INSEAD, France and at MIT's Sloan School of Management, Boston, USA.
When not teaching and researching Professor Ghoshal consults with several companies around the world and works with several professional journals.
His most recent book, Managing Radical Change, explores how organisations can achieve radical improvement and survive in a rapidly changing business environment.
He has published numerous award winning articles and books, including a series in the Harvard Business Review on the Changing Role of Top Management that looked at how leaders can unleash the human spirit which makes initiatives, creativity and entrepreneurship possible.
A brilliant keynote speaker, Professor Ghoshal captivates his audience with his enthusiastic style that is as stimulating as it is informative and insightful
Bibliography:
Ghoshal published 10 books, over 70 articles and several award-winning case studies.
- The Differentiated Network: Organizing Multinational Corporations for Value Creation (Jossey-Bass Business & Management)
, a book he co-authored with Nitin Nohria, won the George Terry Book Award in 1997.
- The Individualized Corporation: A Fundamentally New Approach to Management
, co-authored with Christopher A. Bartlett, won the Igor Ansoff Award in 1997, and has been translated into seven languages.
- Managing radical change: What Indian companies must do to become World-class
, won the Management Book of the Year award in India. He was described by The Economist as 'Euroguru'.
- Managing Across Borders: The Transnational Solution
(Bartlett & Ghoshal 2002), a book he co-authored with Christopher A. Bartlett, has been listed in the Financial Times as one of the 50 most influential management books and has been translated into nine languages.
- The Strategy Process: Concepts, Contexts, Cases : Global
by Henry Mintzberg, Joseph Lampel, James Brian Quinn, and Sumantra Ghoshal, 2002.
- The Differentiated Network : Organizing Multinational Corporations for Value Creation (The Jossey-Bass Business & Management Series) by Nitin Nohria and Sumantra Ghoshal (Hardcover - Feb 19, 1997)
- Sumantra Ghoshal on Management: A Force for Good
by Julian Birkinshaw and Gita Piramal (Hardcover - Feb 1, 2006)