The star studded evening at the Oxford Bookstore was sparkling on the 4th May due to the presence of glamorous Javed Akhtar and Shabana Azmi on the occasion of release of the book Performance Appraisal and Compensation Management: A Modern Approach, authored by the renowned management guru, Prof Dewakar Goel.

Brushing aside the ‘quick-fix’ solution in the management stream, Dewakar emphasizes on the systematic approach, which can really propel the vehicle of modern management.

The book, published by Prentice Hall of India, can really show a deep insight to the management students as the book has got a rare combination of concept along with real life simulations, which have been encountered mostly by the administrator, Mr. Dewakar Goel, during his prolonged career as a top rank holder in various organizations including AAI.

Prof Dewakar Goel privileges the experience of panel experts/ faculty members in most of the reputed management organization, which includes IISWBM, IIT, XLRI, as a result he realizes the pitfalls as well as the expectation and needs of the management student. According to the ever befitting friend, Dewakar, “I chose the subject as it forms a part of the curriculum for management students”.

A right mix of academics and live industry experience fueled by an innovative and sensational approach have formulated Performance Appraisal and Compensation Management: A Modern Approach, really differently.

The well recognized courageous approach in his own professional endeavor has been reflected through out his book mainly while dealing with most sensitive and controversial issues like Conflict, Emotional Biasness, Performance appraisal. The Ph.D in management (scholar), Dewakar feels communication skills, motivation and leadership styles are the essential qualities for being a successful manager. Let us reiterate in Dewakar’s own language, “It provides the foundation for appraising performance in an exemplary manner, with real objectivity. This will give rise to maximum productivity by exploiting human resources to an optima.”

Prof Dewakar Goel, with his academics as MBA as well as PGDPMIR, feels, there is no scope for the managers to skittle out, rather a continuous steady approach can only be rewarding. Dewakar also never disagrees the humane factors while evaluating or optimizing the performance, as he feels, Drumming up a fierce environment can hardly pave the way of success.

Even he feels, the gravity of a post will allow you only to totter instead of commanding the respect of the team and ultimately the team will erupt in wild jubilation upon your relinquishing the post. On the other hand a manager should control his exuberance as a controlled emotion and properly slog out to maximize yield.

It is known that every successful guy gets a backyard inspiration from a girl. Dewakar never hesitates the contribution of his wife, who had left her lucrative career in law from Mumbai High court just to ignite the passion of Dewakar.

The pertinence and the wide spread impact of modern management is echoed, when Javed Akhtar admits, “Appraise the performance not the individual”. He also reiterated that the book is necessary for all managers even for the film industry folk as it impinges upon appraisal of performance not only objectively rather crediting the real performer.