Owner: Indian MBA URL:http://indianmbainfo.blogspot.com Join Date: Wed, 30 Apr 2008 08:44:04 -0500 Rating:0 Site Description: An education blog by MBA students covering MBA admission, MBA programmes, including details on scholarships and colleges in India. Site statistics:Click here
Leadership-2 2008-04-30 02:13:18 Management has always been an art as well as a science. It is a common knowledge that managing requires exceptional skills and talents. Some of the best leaders in the world essentially apply some magical charismatic skills that they possess to efficiently run operations and administer things at work with unparalleled laudable capabilities. Leaders, apart from managing, focus more on leading. Even in managing, there is less of managing and more of delegating. Essentially, managing less is managing better. Delegating works often increases self-esteem of employees. It also makes them excited about their work and when that happens, great things take place and business flourishes.All great leaders possess great communication skills. Having an effective communication skill makes things much eas Read more:Leadership
Leadership 2008-04-28 06:31:01 A leader is more like a skilled magician who produces unanticipated reality which not only astonishes and amuses the competitive forces but at the same time, a leader also comes with amazing results that satisfy all people connected to the organization including the customers. A leader is a fine culmination of creativity, strong business acumen, inventiveness, organizational and analytical abilities, to name a few. He is a master in the art of management.What makes a leader tick? What makes him/her different from the normal crowd? Basically, at the core of every leader, there is a human who is more alert, more willing to take risks, more innovative and more prepared for unforeseen situations. It’s not a miracle to be a leader. Rather, it’s that inborn and developed tendency to lead fro Read more:Leadership
Management Insight-3 2008-04-27 09:04:32 It has been observed that quality management puts special emphasis on empowering its workers with decision making authority at all the levels in the organization. It also focuses on organizing regular interactive workshop between senior and junior levels of staffs which really help in reducing communication gap and that finally leads to enhanced efficiency and competence. Effective organizations are well aware of the fact that it’s most precious and important constituents are human resources. Considering that they are found to conduct frequent communication skills seminars and personality development programs for its employees. It also helps in long run as leaders develop out of managers.Every organization wants to have quality leaders because they are one of the most crucial elements fo Read more:Management
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Management Insight-2 2008-04-25 04:55:47 Talking about first mover advantage, the classical examples are Microsoft in software industry and Coke in Beverage segment. They are renowned for accurately gauging what is going to be required next, what is going to be in demand in coming times and no wonder they are still numero uno in their respective segments. They have always managed to come up with new products befitting the concurrent demands. Talking in Indian context, Maruti and Hero Honda in automobiles segment, Infosys, TCS and the likes have managed to excel because of their first mover strategies. A good management never sits idle on its past laurels. It tends to endlessly strive towards improving its earlier performance and stay ahead of promising competition.Likewise, fine-tuning itself within the organization is very impor Read more:Management
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Management Insight-1 2008-04-23 03:54:41 Management is often defined as “The art of getting things done through the people, with the people and by the people”. Global world is changing fast, in fact faster than anything else and so are organizational goals, policies, strategies, formulations etc. the rate of change is so fast that, strategies which worked as magic potion few years back are no longer similarly helpful in today’s circumstances. Earlier theories held as radical are fast turning out to be archaic after some years. That presents a case of the need of dynamics of business being in sync with external world.Few of the business could not envisage this changing pattern and no wonder, they died a premature death. But smart management is all about foresight and vision. So it tries to be ahead of its time. Most of the s Read more:Management
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Why MBA-3 2008-04-22 02:19:57 Thus, keeping up to date periodically through Constant professional development is of paramount importance. This development program includes seminars, focused groups, discussion gatherings etc. No wonder; these steps definitely enhance professionals’ careers and help them in stay afloat in tough corporate world.In nutshell, MBA is a lucrative profession with opportunities of globe trotting, handsome pay packages and great chances of intellectual stimulation. Apart from giving a business qualification, this degree also improves job opportunities, helps in obtaining specialist skills, gives a firm career direction and last but not the least increases self confidence and self esteem. With fluctuating World economy the uncertainties are a common state of the affair. The eternal circle of bo
Why MBA -2 2008-04-19 01:56:23 Not all courses are same. They always differ in terms of content, methods, duration and elective subjects. The basic degree is general management degree/diploma where all students are supposed to study few core subjects in the first year. In the second year, students get a menu of electives for the purpose of their specialization. It can be, marketing, finance, human resource management, system, operations etc. new age business schools and few reputed ones have also started to provide specialization in new subjects like banking, entrepreneurship and financial services etc. Thus, an MBA course from a good business school prepares the students in such a way that they can face those challenging conditions bravely.On one hand an MBA course prepares candidates for future challenges and on the o
Why MBA? 2008-04-17 09:05:17 Another buzzword which tends to hang around corporate corridors is entrepreneurship. Managers are expected to be innovative, think out of the box and get the work done. They are also expected to put more emphasis on proper utilization of organization’s most precious assets, i.e., human power. Respecting the sanctity of Morale and ethics are also ingrained in managers’ minds. All these above mentioned factors glorify the need of having fresh approach towards corporate world. It also emphasizes on development of soft skills like, teamwork, interpersonal skills, emotional intelligence and negotiation art, in business professionals. These factors clearly show that job profile of an MBA is far from a casual walk in the park. Now in these conditions, MBA course from a good institution comes
MBA And Corporate Reality 2008-04-15 08:00:04 In today’s fast paced competitive world managers are required to work in an increasingly complex, cutthroat and volatile environment. Studies conducted all over the world show massive scale of upheaval in the corporate world. Almost half of all corporate managers experience some form of organizational restructuring in any given year. Looking closely at listed companies and government workforce, more than two thirds of the managers face annual turmoil. When scenario is so tough, management professionals are expected to be up on their toes all the time. Adaptation is the key. Adapting quickly to the changes occurring within and outside the corporate walls is a must. They are also supposed to initiate and manage change themselves.Present and future managers are always caught up in the strat
Scope Of MBA 2008-04-14 03:58:33 As per the common wisdom, MBA (Masters of Business Administration) offers a post graduate degree. The significance associated with MBA is tremendous in today’s world. Factors like globalization, liberalization and privatization have resulted into growing business and communication. This has also led to more and more companies looking for world class knowledgeable managers who have full hands on experience, before they enter an organization. Primary reason being companies do not want to spend their precious time on training individuals. They want managers who can contribute to the organization directly from day one. An MBA program, in its entirety offers all these benefits and hence it deserves its due value.An MBA program includes, many hands on project experiences, assignments, internsh Read more:Scope
Certificate and Diploma Courses-2 2008-04-12 08:48:07 The reach of certificate and diploma courses has spread far and wide to all corners of the country. This factor has made it easily accessible for the thousands of aspiring candidates. Normal duration of a diploma course ranges from six months to three years whereas certificate course tends to be for a short duration of few months.MBA Certificate
and Diploma courses aid in enhancing broader outlook about particular subjects by integrating real life situations and accordingly finding the answers. This core method has proved to be very valuable instrument in making the students comprehend the practical sides of subjects. Further, it also helps in maintaining thorough knowledge environment which culminates in bringing the best out of the students. The ever rising list of Diploma and Certificat
Certificate and Diploma courses 2008-04-09 14:56:01 Certificate and Diploma courses are significantly helpful in boosting the vast talent of millions of Indian students. Certificate and diploma courses are one of the best methods of acquiring knowledge as well as mastering new skills. The modern age cut throat competition has made sure that, professionals can no longer afford to rest on previously acquired qualifications. In last two decades, the business dynamics has witnessed a 360 degree turn. Job opportunities have increased but so has competition. Growing Indian economy offers multitude of job prospects to Indian youths. But most of these job prospects require specialized qualifications apart from the basic rudiments.In those conditions, certificate and diploma courses prove to be of great help to aspiring applicants. They act as great Read more:Certificate
Distance Learning MBA 2008-04-07 08:06:59 These days so many of management institutes and B-schools are offering MBA distance education. Many candidates, who can’t pursue regular MBA, tend to opt for distance learning mode. Correspondence courses have come as a boon for such management aspirants who can not afford full time MBA because of separate reasons. Whether it is, lack of time or financial reasons, distance learning mode has provided a great solution for such problems. Needless to say, it is progressively becoming one of the most popular modes of education these days. Its relevance and acceptance can be measured from the fact that, unlike earlier times, even top notch institutions are offering correspondence courses in variety of subjects.Now candidates can pursue MBA through distance learning from their desired universit Read more:Learning
Types of MBA Courses-2 2008-04-05 03:11:58 A good number of institutes all over the India are offering Online MBA programs. It’s rapidly gaining popularity amongst working professionals. The obvious benefits associated with Online MBA courses are less cost and saving of precious time. A regular MBA course takes two complete years and significant amount of fee whereas Online MBA program is far less costly and allows students to manage time as per their own convenience. The fact that, one can actually study as well as work while pursuing Online MBA, also helps. Though, a full time two year MBA program is considered much more credible than an online MBA programAnother type of MBA program is through Distance Learning Mode. Numerous Management Schools and Institutes are offering MBA through distance learning. That shows its demand and
Admission Process-2 2008-04-03 08:14:50 Lakhs of students appear for MBA entrance examinations every year. CAT (common admission test) is considered as the toughest and most prestigious of all MBA entrance exams. Many renowned management colleges select candidates based on CAT scores. However only two to three percent students manage to get through the best of the lot, six IIMs (Indian Institute of Management). IIMs are the benchmark of management education and excellence in the country.Apart from the CAT, there are various other all India competitive exams like XAT, MAT, SNAP and NMAT etc. XAT is conducted by XLRI, Jamshedpur. XAT is also believed to be one of the difficult entrance tests to enter into the management world. SNAP is organized by Symbiosis, Pune and NMAT is conducted by Narsee Monjee, Mumbai.Due to this fierce co Read more:Admission
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Types Of MBA Courses 2008-04-03 07:38:49 Growing popularity of MBA has helped in making it a vocabulary for a common man as well.There are various types of MBA programs. Advancement of communication and technology has acted as a trigger in making MBA courses available worldwide. Major types of MBA programs are Residential MBAs, Distance learning MBAs, Executive MBAs, and online MBAs etc.Residential MBAs are basically the regular two year MBA courses, often with living accommodation facility. Residential MBAs programs are generally preferred by students who have just cleared their graduation. Executive MBAs are usually very helpful for working professionals with more than 2-3 years experience. This form of MBA assist management executives to take a year’s break and pursue their education. Since these students already have so muc
MBA Admission Process 2008-03-28 07:22:48 Pursuing MBA from reputed institutions is no easy deal. It needs massive commitment and tough work to clear the entrance tests. Entrance tests are often followed by group discussions and interviews. Competition can be termed nothing but cut throat in view of scrambling of students willing to get into premier B-Schools. Various all India entrance examinations are conducted every year to select the best of the candidates from all over the country. Based on Entrance examinations scores, students are selected for subsequent round of assessment that is group discussions and personal interviews.Entrance examination basically tests candidate’s quantitative ability, logical and reasoning aptitude, general awareness and language efficiency. These tests are designed in such a way that, it manages Read more:Admission
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Sky Is The Limit 2008-03-27 07:54:24 MBA stands for Master of Business Administration. It is one of the most preferred career options amongst the youths of India. Students who are willing to make a career in management field need to join MBA course. Basically, it’s a two year course which focuses on developing the managerial abilities of the future managers. It also equips the students with improvised skill sets and organizing abilities. The fact that, mastering multi-tasking skills and time management are greatly emphasized upon in management courses, acts as an added incentive.A management qualification is considered as a passport to lucrative job offers from world renowned organizations. Management as a career provides dynamism and power. It offers tremendous growth opportunities apart from huge scope of personality deve Read more:Limit
No title 2008-03-25 09:34:41 One of the most sought after careers in the modern times is Management. The anvil of Globalization and liberalization changed the entire landscape of Indian business world. While making Indian businesses globally competitive it also opened a complete new door for qualified and talented professionals. Fast rising Indian companies needed skilled manpower to handle their burgeoning businesses. But Demand was far more than the supply. Management Institutions started mushrooming in every parts of India. Management professionals became the new byword.Today many of our companies are having operations across the world and they require top class managers to handle their operations. Even, within India, completing management course from a reputed institution is a passport to a lucrative career profil
Media Management 2008-05-03 02:40:38 We are fully aware of the fact that, in current day scenario, management is one of the most appealing and interesting careers that youngsters and professionals can pursue.We have previously talked about various specializations available to students. In fact, students no longer face the constraint of only few traditional specializations. Just few years back, the specializations available to students were marketing, finance, system and human resources. But, with changing times and increasing competition, a whole new set of specialized courses are available to students. This has managed to open new exciting avenues for candidates. It won’t be wrong to assume if we say that, today students are spoilt for choices as far as management specialization are concerned.One of the career choices is m Read more:Management
Media Management-2 2008-05-06 02:11:14 Unlike a decade ago, media industry is much more organized today. With growing influence of media, jobs in media have become more lucrative. At the same time, this industry is relatively small so positions are few, hence fierce competition. Media management courses have been of great help to the media houses because professionally trained manpower is in short supply in the industry.Because of the fast speed at which this industry works, most of the media organizations do not wish to waste precious time in training an employee for its work. Success of a media organization is heavily dependent on effective management of time. That explains why production houses, television industry, advertising agencies and corporate need professional skilled employee force that can handle the business from Read more:Management
Media Management-3 2008-05-11 05:31:45 Media management plays a great deal of active role in corporate world. Media management decides upon what sort of marketing and advertising policies should the company employ and how PR activities can successfully help the company.These days, Most of the management institutions exercise the option of industry inputs on how to make media management courses more relevant that caters to the requirement of the industry. In India, the number of colleges offering media courses is relatively less, but with increasing demand more and more institutions are likely to come up with these specialized courses!Few of the niche courses offered in mass media management are:-Post Graduate Courses-Post graduate Course in Cinema StudiesPost Graduate Diploma in Applied DesignPost Graduate Diploma in Documentar Read more:Management
Crisis Management-1 2008-05-13 08:02:42 Crisis management has come up big way in the scheme of the management. Although a topical breakthrough in management plans, it works as a superb tool in the hands of the management. Talking about its function, crisis management is basically concerned with forecasting and anticipating crisis a management could face and the subsequent methods to deal with them. Crisis can be defined as an unpredicta Read more:Crisis
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Crisis Management-2 2008-05-15 15:16:29 One of the famous examples of crisis management is during a board meeting; the images of a laptop that suddenly burst into flames were captured on an employee’s cell phone. That particular recording was seen online by millions of awestruck viewers. And the manufacturer of the battery was renowned Sony Corp. Before Sony could do anything the clip was already seen by millions and damage was done. Read more:Crisis
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Crisis Management-3 2008-05-20 00:47:45 One more example of Crisis
management was Nestle-Coke fiasco. In this case, worms and use of insecticides were found inside the bottles. Consequently, their sales took a great dipping. Apart from sales, their images went for a toss. People stopped drinking colas. Sales of chocolates were greatly affected. What followed afterwards was first major instance of crisis management in India. Image buildi Read more:Management
Crisis Management - Conclusion 2008-05-25 15:39:43 There are many crisis management consultants worldwide who helps organizations in dealing with crisis situations. Based on their expertise, there are few recommended steps to be followed in times of crisis. · Informing and organizing the crisis team.· The crisis team must be skilled, trained, multidisciplinary and tested.· Launching two-way communicati Read more:Crisis
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Customer relationship management (CRM) - Introduction 2008-05-28 14:43:47 The dynamics of business has kept on changing over the years. Increasing competition has forced companies to set up new strategies and think over the old ones. In accordance with changing times, the corporate mindsets have also changed. Now every business strives to make good, long lasting relationship with its customers. Because success of every business depends upon how good a relationship it sh Read more:Customer
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Customer relationship management (CRM) – 2 2008-05-31 13:46:29 Unlike previous times, these days’ customers have many choices and they have become very particular about the place and company they are going to choose for dealing in their requirements. Today, there are plethora of products available to consumers and that too from hundreds of companies. It has also become increasingly difficult to differentiate in quality between same category products offered Read more:Customer
Customer relationship management (CRM) – 3 2008-06-04 06:04:18 Today, shopping is no more considered as a daily chore. In fact now a day’s consumers are willing to an enjoyable experience while shopping. In the process of selling and buying they are the active participants. Consumers prefer to return back with cheerful experiences. Often conducted Studies emphasize how crucial satisfies customers are to survival of the business. In general, one satisfied cu Read more:Customer
Customer relationship management (CRM) – Softwares 2008-06-07 06:18:04 There are many customer relationship management (CRM) softwares available worldwide. These applications strive to provide best-in-class functionality for sales, operations, marketing, and service. These CRM softwares enable organizations to focus on strategies by sustaining customer-facing business progressions across several communication channels. This way companies can aim for customer-driven g Read more:Customer
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