How an MBA Will Advance You Towards Global Leadership
The following contribution is from the Berkeley Haas School of Business portal, which owes its existence to visionaries, professors, and gold rush pioneers who gave birth to a thriving field of study in the US and established the second oldest business school in the country and the first at a public university.
“At Berkeley Haas, we believe that a critical step in redefining the business leader is getting the culture right, because this culture encourages students to develop the mindsets and behaviors of innovative leaders.”
The author of the article is Rahul Sampat who was Director of Admissions for Berkeley’s MBA Programs for Practicing Professionals from 2015 to 2019.
Driven by rapidly changing technology, products, information, and jobs have spread across borders and cultures to make our world seem smaller than ever. Regions in every corner of the world have more opportunities to ride the wave of globalization, allowing economies around the world to experience growth.
All of this means that leading and working with people from different regions of the world
Is more common (and more necessary) than ever before. And, to be effective in a global marketplace, cross-cultural leadership skills are essential. This goes beyond embracing diversity.
It’s about learning how ethical decision-making, management strategies, and cross-cultural communication skills will influence and impact your ability to perform well on a global platform.
Discover how an MBA will better prepare you to meet (and exceed) the business expectations of the increasingly global economy.
Critical Thinking with a Broader Worldview
Believe it or not, we’re inherently biased. That doesn’t mean we’re prejudiced. Instead, it points to the fact that we all sometimes act on partial or misinformation, or lack the ability to transcend our long-held beliefs, all of which can blind us to real truths or rational decision-making.
Critical thinking is the tool used to arrive at the best possible decision
Despite ourselves and our biased thinking. This is a vitally important skill to learn as leaders, but it is especially important in a global marketplace, where cultural differences are abundant and open-mindedness is critical.
When you enroll in an MBA program, you will have the opportunity to collaborate and debate with an astonishing diversity of students. They reflect different races, ethnicities, and ages. They speak many languages and practice many religions.
They have different abilities/disabilities, gender orientations, and political perspectives
They come from many socioeconomic statuses and geographic regions. This real-time communication with a diverse class can help you find and explore new ideas and thought structures that will improve your critical thinking skills.
Understanding the Science Behind Business Behavior
Throughout your MBA studies, you will conduct relevant research based on behavioral sciences.
Behavioral sciences address why humans act the way they do by drawing conclusions from fields of study such as sociology, anthropology, and psychology.
In a business scenario, you will learn how employees, managers, and customers make decisions by applying behavioral sciences to real-life business applications such as:
– Economics
– Decision research
– Consumer research
According to management consulting firm McKinsey & Company, behavioral science helps organizations address unconscious biases and instincts and manage the irrational mind. By understanding and reacting appropriately to people’s behaviors, you can create favorable business outcomes, without restricting the way your team operates.
Enhance Leadership Skills Around the World
While earning your MBA, you’ll have the opportunity to learn real-world leadership and problem-solving techniques that give you a competitive advantage in a global environment.
Specifically, at Berkeley Haas, the Global Focus program and Trips and Treks initiatives enable students to develop cross-cultural business understanding both in the classroom and on the ground, in countries around the world.
The Global Focus program includes initiatives such as International Business Development (IBD), Global Network for Advanced Management (GNAM), student clubs and activities, and an exchange program.
They allow students to:
– Participate in consulting projects with for-profit and non-profit organizations around the world
– Explore business as it is conducted in fast-growing emerging and developed countries
– Lead clubs, participate in scholarship programs, attend conferences, and conduct research that foster global understanding and provide opportunities to develop and utilize your leadership skills
– By immersing yourself in global initiatives and taking advantage of travel opportunities, you can make international connections with other students, corporate leaders, and alumni who are scattered around the world.
Strengthen your existing skill set
You may also want to consider an executive MBA program designed specifically for professionals with a strong understanding of business and leadership who want to deepen their skill set.
By improving your leadership skills, you increase your chances of taking on a senior position within the corporate, government, or non-profit sectors.
In Berkeley’s Executive MBA program, you can expect to learn leadership techniques specific to a cross-border context, which are particularly useful in high-stakes positions in corporations and within government.
EMBA students have the opportunity to evaluate business models, suppliers, competitors, partners, and customers through a global, rather than a national, perspective.
You’ll also have the chance to apply your findings in real-world settings through the required global field immersion that occurs each year in a global business hub such as Shanghai or Copenhagen.
By studying for your MBA, you’ll be able to practice global business strategies and business communication techniques so that, upon graduation, you’ll be ready to take on a global leadership position with confidence and skill.
5 Reasons Why an MBA Can Boost Your Career
The following contribution is from the Advanced Educational Institutions of India portal and the article has been prepared by their team for the Blog
In a world where globalization and corporatization are spreading their reach at an ever-increasing pace, having well-honed business management skills is always a major asset.
Moreover, with an increasing number of diverse companies choosing the world’s largest democracy as their operational zone and more indigenous entrepreneurs deciding to shape novel and varied ideas, the Indian corporate sector today is the one that is thriving with opportunities.
And all these start-ups and established companies are looking for young professionals with a deep understanding of the finer nuances of the corporate world and business relations.
In such a scenario, earning an MBA degree is no longer an afterthought but a necessary step towards rising to the top professional positions.
So, today, at Advanced Institute of Technology and Management (AITM), recognized as the Best MBA College in Palwal, we will shed more light on this matter and give you all the reasons why an MBA degree can boost your career.
- Advanced Management Skills to Become a Valuable Asset
One of the most important things we inculcate in young MBA graduates is the skills required to keep themselves and their organizations successful.
Through an advanced, industry-focused curriculum, students learn skills like the following that enable them to become accomplished management professionals and keep companies thriving and growing:
– Develop, advertise, and sell the products and services
– Network and build partnerships or connections
– Manage difficult situations and become a problem solver
– Improve employee retention and hire top talent
– Create hierarchies that help the company thrive
Learn national and international trends
Through the curriculum and training you receive during your MBA program, you can learn about the latest national and international business trends, apply the newest management techniques and tools, and challenge yourself to improve your teams, your business, and your collaboration.
It is also a great way to prepare for the ever-changing business environment. Plus, the skills and abilities you gain will work as the best tools to help you in any market or vertical sector you join as part of your career path.
- Get a lucrative salary package right from the start
Studies reveal that MBA graduates are among the highest-paid professionals in the industry today.
As such, earning your MBA degree not only boosts your prospects of employment at top companies but also of getting the best salary packages.
And certainly, when we say that, it is not without reason. The point is that the skills and knowledge you gain while pursuing your MBA program are considered crucial for managing businesses in the corporate world.
Moreover, it is often the decision-making by management professionals that helps businesses turn a profit and grow.
In this regard, MBA professionals are nothing less than assets to business organizations
Hence, they do not mind compensating the right candidates really well. For instance, jobs pursuing an MBA program in Banking and Finance can offer you a salary package of up to 10-15 lakhs per annum.
Also, an MBA from a reputed school like AITM can help you get started with a good package of 4-5 lakhs per annum.
- Get Access to a Wide Business Network
As an MBA student, you will have excellent networking opportunities to enrich your mind and expand the boundaries of your professional growth. You will interact with our professors and teaching staff, who are seasoned experts in business management and will help you greatly expand your management capabilities.
Lastly, you will also get access to AITM’s extensive alumni network, located in various parts of India and beyond. These connections are valued in the management world because they offer a greater overview of the corporate scenario.
As you progress through your course during your MBA years, you will develop a deeper understanding of the business environment and find ways to adapt to its continuous changes.
You will have a greater ability to reflect on major business issues and make appropriate connections between different world issues and global events related to your field of work.
- MBA specializations help you achieve your exact goals
During your final year in MBA, you will be able to choose a specialization from the long list of options on offer. This aspect of the degree deserves special mention because it helps you hone your management skills in specific areas based on your career goals.
For example, if you are thinking of a successful career in banking, you might consider “finance” as your specialization.
However, if your goal is to work abroad or for a global company with regional offices, you may consider a specialization in “international business.” As one of the best MBA colleges in Palwal, we can attest that no matter what specialization you choose, an MBA prepares you for long-term business planning and backup planning.
What specialization does is make you more apt for specific industry sectors, from banking to marketing and more. And the specially honed skills you acquire in specific fields make you lucrative to recruiters who evaluate you.
- Start Your Own Successful Venture From Scratch
At AITM, we have come across many people who prefer to join an MBA course because they want to become entrepreneurs and learn how to start and grow a business.
And it is a widely known and acknowledged fact that the survival rates of startups are higher with an MBA compared to those with no prior management knowledge.
We can never deny the fact that running your own business is no easy feat, but having acquired the skills and knowledge required for it will certainly help you know how to tread the path that leads to success.
In short, we can clearly state one fact from our above discussion that earning an MBA degree can ensure an all-round boost to your career, right from your professional skills and salary package to your acumen.
So, if you want to gain industry-focused management knowledge and want to rise as a highly influential and successful management professional, an MBA should definitely be your preferred course option and AITM, one of the best MBA schools in Palwal, your destination.
Daring to Lead: How Bold Decisions Determine Success in Business and Enterprise
The following contribution is from the Forbes Magazine Portal and author Leigh Burgess who is the CEO and Founder of Bold Industries Group, Inc., Boston, MA
About the Author:
With over 20 years of experience in business, healthcare, and education and a master’s degree in business administration, education, and education, Leigh is an executive with extensive experience in project management, communications, new business, and technology initiatives, and is committed to helping you take big steps so you and your organization can thrive.
Leigh Burgess es Forbes Board Member
In an ever-changing global landscape, the ability to take calculated risks, challenge conventional wisdom, and break new ground is more than a skill—it’s a core philosophy that defines visionary leaders.
This exploration delves into how making bold choices can not only lead to groundbreaking breakthroughs in business, but also forge a fulfilling and purposeful path in personal life.
In the tumultuous landscape of late 2020, as the world grappled with the challenges posed by the pandemic, I set out on my bold journey.
I made the decision to start my own business and go for Plan A. It was a defining moment that demanded courage, resilience, and a willingness to swim in uncharted waters.
Launching a business during a pandemic was no easy feat. The world was facing uncertainty, economies were reeling, and countless established businesses were facing unprecedented hardship. However, I saw opportunity amidst the chaos. I believed in my vision and the value my business could bring to the world, even in the face of adversity.
Taking this bold step meant acknowledging and accepting the inherent risks
The road ahead was bound to have obstacles, but I was determined to blaze a trail and forge my own path. It required not only a strong conviction in my strategy, but also a deep understanding of the dynamic and ever-evolving business landscape.
I knew success wouldn’t be easy, but the pursuit of my entrepreneurial dreams was a choice I made with unwavering determination. Going for “Plan A” was vital. I needed to be intentional and disciplined with my time and focus.
Being Bold in Business: A Strategy for Personal and Professional Success
In the global business landscape, where change is the only constant, the audacity to be bold often defines leaders who make a mark.
Being bold is not simply a tactic, it is a philosophy that permeates both professional strategies and personal life.
In a world that rewards those who seize opportunities with courage and foresight, unde