Friday, February 25, 2011

Now is the Ideal Time to Get MBA…


When is the best time to enroll in an MBA program? The obvious answer is to enroll at a point in your career when the MBA is necessary to take your career to the next level, or to prepare you for the competitive world but the choice is never that simple.

For the college undergrad, the biggest question you need to ask yourself is why -- why are you interested in going straight through and getting your MBA right after your bachelor's degree? The MBA gives you a different way of thinking to these fresh graduates and gives a glimpse of the Corporate Reality.

For the job-seeker, the question about getting your MBA involves how as much as when. Will you keep working while earning your MBA in a part-time program or do you have the financial resources to quit your job and return to school full-time? Will your current employer help finance your MBA? Do you need the MBA as part of a career change -- and if so, how are you going to do it?

Finally, there is the question of the economy. Some people think it's a good hedge to get an MBA during an economic slowdown -- a safe haven -- rather than face the tough job market.



Unitedworld Executive.

Thursday, February 24, 2011

What is MBA all about???


An MBA is considered a postgraduate degree, yet it is quite different from an MA or MSc. Even the degree title is slightly misleading - the MBA is less to do with 'business' as we might think of it, and more to do with training people for high-profile management positions, irrespective of the industry they work in.

An MBA is a professional degree. It will help accelerate your business career and create many opportunities for career switches into highly-sought-after positions in consulting, investment banking, and venture capital.



Unitedworld Executive.

Tips on How to Stay Positive


Contemplate Your Life
Many a time people are unhappy and look at life negatively, cause they are not living the life they always wanted to. They are simply working cause they have a family to feed. They are in a relationship, not because of love, but due to a feeling of obligation or duty towards the children. Here I would just like to say that we all have just one life to live and if we live it the way others want us to, it's a waste! So, think, introspect, know what you want - both out of your professional as well as personal life. Finally, arrive at a decision, however hard it might be. For once in life, be who you are! You may further go to how to find yourself.

Do Social Work
To stay positive in a negative world, start working for the people in need. Work for the terminally ill or the oldies who need care. If you can spare some time, visit the handicapped children and see if you can bring a smile on their faces. When you see that you are able to make some positive changes in their lives, the positivity will spread to your life too!

Meditate
If you ask me, "how to stay positive at work or anywhere else?", I would suggest that you undertake mind control activities like meditation on a regular basis. A simple way to meditate is to close your eyes and think of any object that gives you happiness. It can be anything - the way your child laughs or perhaps a stream that you visited last summer. Concentrate on it for about ten minutes. Practice it everybody, till you find that your mind does not waver. Believe me, you will find a sea of change in yourself after this. You will be much more calmer and relaxed, which will definitely help you in staying positive at work.

Enjoy the Small Things in Life
For maintaining your equilibrium and staying positive in tough times, start enjoying and appreciating the small things in life. If someone has ever helped you or touched your heart in any way, thank them for that. If there is anything in yourself that you are proud of, it can be something as simple as your ability to play a guitar, be happy for that. If you learn to be grateful for all the small things that you have, you will remain positive even when things go wrong for a while, leading to immense happiness in your life.

Look at the Bigger Picture
Have you ever heard of the adage, "Adversity is opportunity in disguise"?Well, it certainly holds true in many situations in life. Whenever you are feeling down and out, when you feel that you are in the worst of situations, simply tell yourself that it is God's way of testing your strength. And that, just like after every night, comes a day, your life will soon turn around too. Whatever struggles, failures and setbacks you are facing are just momentary. You are being subjected to them so that you can finally emerge as a winner!

Read Motivating Literature
Although, many of the self-help books are trash, yet there are some which have made a lot of difference in many people's lives. So, get hold of these books or some articles on positive thinking in magazines and go through them. If you search the Internet, you will find many staying positive quotes which will motivate you to always look at the brighter side of life. Reading these quotes to stay positive as well as other literature will surely inspire you to stay happy.

Be Creative
For finding inner peace and to make your life worthwhile, indulge in a creative activity. Learn how to dance or how to sing, take pottery classes or paint some canvases. Give wings to your imaginations and thoughts. Being creative will give an outlet to all your bottled negative emotions!



Unitedworld Executive.

Tuesday, February 22, 2011

Really heart touching......!!!

I was walking around in a Big Bazar store making shopping, when I saw a Cashier talking to a boy couldn't have been more than 5 or 6 years old..

TheCashier said, 'I'm sorry, but you don't have enough money to buy this doll. Then the little boy turned to me and asked: ''Uncle, are you sure I don't have enough money?''

I counted his cash and replied: ''You know that you don't have enough money to buy the doll, my dear.'' The little boy was still holding the doll in his hand.

Finally, I walked toward him and I asked him who he wished to give this doll to. 'It's the doll that my sister loved most and wanted so much . I wanted to Gift her for her BIRTHDAY.

I have to give the doll to my mommy so that she can give it to my sister when she goes there.' His eyes were so sad while saying this.

'My Sister has gone to be with God.. Daddy says that Mommy is going to see God very soon too, so I thought that she could take the doll with her to give it to my sister...''

My heart nearly stopped. The little boy looked up at me and said: 'I told daddy to tell mommy not to go yet. I need her to wait until I come back from the mall.' Then he showed me a very nice photo of him where he was laughing. He then told me 'I want mommy to take my picture with her so my sister won't forget me.' 'I love my mommy and I wish she doesn't have to leave me, but daddy says that she has to go to be with my little sister.' Then he looked again at the doll with sad eyes, very quietly.. 

I quickly reached for my wallet and said to the boy. 'Suppose we check again, just in case you do have enough money for the doll?''

'OK' he said, 'I hope I do have enough.' I added some of my money to his with out him seeing and we started to count it. There was enough for the doll and even some spare money.

The little boy said: 'Thank you God for giving me enough money!'

Then he looked at me and added, 'I asked last night before I went to sleep for God to make sure I had enough money to buy this doll, so that mommy could give It to my sister. He heard me!'' 'I also wanted to have enough money to buy a white rose for my mommy, but I didn't dare to ask God for too much. But He gave me enough to buy the doll and a white rose. My mommy loves white roses.'

I finished my shopping in a totally different state from when I started. I couldn't get the little boy out of my mind. Then I remembered a local news paper article two days ago, which mentioned a drunk man in a truck, who hit a car occupied by a young woman and a little girl. The little girl died right away, and the mother was left in a critical state. The family had to decide whether to pull the plug on the life-sustaining machine, because the young woman would not be able to recover from the coma. Was this the family of the little boy?

Two days after this encounter with the little boy, I read in the news paper that the young woman had passed away.. I couldn't stop myself as I bought a bunch of white roses and I went to the funeral home where the body of the young woman was exposed for people to see and make last wishes before her burial. She was there, in her coffin, holding a beautiful white rose in her hand with the photo of the little boy and the doll placed over her chest. I left the place, teary-eyed, feeling that my life had been changed for ever...

The love that the little boy had for his mother and his sister is still, to this day, hard to imagine.  And in a fraction of a second, a drunk driver had taken all this away from him.

Please DO NOT DRINK & DRIVE.



Unitedworld Executive.

Monday, February 21, 2011

Teacher & the Student


As she stood in front of her 5th grade class on the very first day of school, she told the children an untruth. Like most teachers, she looked at her students and said that she loved them all the same. However, that was impossible, because there in the front row, slumped in his seat, was a little boy named Teddy Stoddard. Mrs. Thompson had watched Teddy the year before and noticed that he did not play well with the other children, that his clothes were messy and that he constantly needed a bath. In addition, Teddy could be unpleasant. It got to the point where Mrs. Thompson would actually take delight in marking his papers with a broad red pen, making bold X's and then putting a big "F" at the top of his papers.

At the school where Mrs. Thompson taught, she was required to review each child's past records and she put Teddy's off until last. However, when she reviewed his file, she was in for a surprise. Teddy's first grade teacher wrote, "Teddy is a bright child with a ready laugh. He does his work neatly and has good manners... he is a joy to be around.."

His second grade teacher wrote, "Teddy is an excellent student, well liked by his classmates, but he is troubled because his mother has a terminal illness and life at home must be a struggle."

His third grade teacher wrote, "His mother's death has been hard on him. He tries to do his best, but his father doesn't show much interest and his home life will soon affect him if some steps aren't taken."

Teddy's fourth grade teacher wrote, "Teddy is withdrawn and doesn't show much interest in school. He doesn't have many friends and he sometimes sleeps in class."

By now, Mrs. Thompson realized the problem and she was ashamed of herself. She felt even worse when her students brought her Christmas presents, wrapped in beautiful ribbons and bright paper, except for Teddy's. His present was clumsily wrapped in the heavy, brown paper that he got from a grocery bag. Mrs. Thompson took pains to open it in the middle of the other presents. Some of the children started to laugh when she found a rhinestone bracelet with some of the stones missing, and a bottle that was one-quarter full of perfume.. But she stifled the children's laughter when she exclaimed how pretty the bracelet was, putting it on, and dabbing some of the perfume on her wrist.

Teddy Stoddard stayed after school that day just long enough to say, "Mrs. Thompson, today you smelled just like my Mom used to." After the children left, she cried for at least an hour. On that very day, she quit teaching reading, writing and arithmetic. Instead, she began to teach children.

Mrs. Thompson paid particular attention to Teddy. As she worked with him, his mind seemed to come alive. The more she encouraged him, the faster he responded. By the end of the year, Teddy had become one of the smartest children in the class and, despite her lie that she would love all the children the same, Teddy became one of her "teacher's pets.."

A year later, she found a note under her door, from Teddy, telling her that she was still the best teacher he ever had in his whole life. Six years went by before she got another note from Teddy. He then wrote that he had finished high school, third in his class, and she was still the best teacher he ever had in life.

Four years after that, she got another letter, saying that while things had been tough at times, he'd stayed in school, had stuck with it, and would soon graduate from college with the highest of honors. He assured Mrs. Thompson that she was still the best and favorite teacher he had ever had in his whole life. Then four more years passed and yet another letter came. This time he explained that after he got his bachelor's degree, he decided to go a little further. The letter explained that she was still the best and favorite teacher he ever had. But now his name was a little longer....The letter was signed, Theodore F. Stoddard, MD.

The story does not end there. You see, there was yet another letter that spring. Teddy said he had met this girl and was going to be married. He explained that his father had died a couple of years ago and he was wondering if Mrs. Thompson might agree to sit at the wedding in the place that was usually reserved for the mother of the groom. Of course, Mrs. Thompson did. And guess what? She wore that bracelet, the one with several rhinestones missing. Moreover, she made sure she was wearing the perfume that Teddy remembered his mother wearing on their last Christmas together. They hugged each other, and Dr. Stoddard whispered in Mrs. Thompson's ear, "Thank you Mrs. Thompson for believing in me. Thank you so much for making me feel important and showing me that I could make a difference."

Mrs. Thompson, with tears in her eyes, whispered back. She said, "Teddy, you have it all wrong. You were the one who taught me that I could make a difference. I didn't know how to teach until I met you."

(For you that don't know, Teddy Stoddard is the Dr. at Iowa Methodist in Des Moines that has the Stoddard Cancer Wing.)



Unitedworld Executive.

Mistakes are opportunities


This is a story about a famous research scientist who had made several very important medical breakthroughs. He was being interviewed by a newspaper reporter who asked him why he thought he was able to be so much more creative than the average person. What set him so far apart from others?

He responded that, in his opinion, it all came from an experience with his mother that occurred when he was about two years old. He had been trying to remove a bottle of milk from the refrigerator when he lost his grip on the slippery bottle and it fell, spilling its contents all over the kitchen floor—a veritable sea of milk!

When his mother came into the kitchen, instead of yelling at him, giving him a lecture, or punishing him, she said, "Robert, what a great and wonderful mess you have made! I have rarely seen such a huge puddle of milk. Well, the damage has already been done. Would you like to get down and play in the milk for a few minutes before we clean it up?"

Indeed, he did. After a few minutes, his mother said, "You know, Robert, whenever you make a mess like this, eventually you have to clean it up and restore everything to its proper order. So, how would you like to do that? We could use a sponge, a towel, or a mop. Which do you prefer?" He chose the sponge and together they cleaned up the spilled milk.

His mother then said, "You know, what we have here is a failed experiment in how to effectively carry a big milk bottle with two tiny hands. Let's go out in the back yard and fill the bottle with water and see if you can discover a way to carry it without dropping it." The little boy learned that if he grasped the bottle at the top near the lip with both hands, he could carry it without dropping it. What a wonderful lesson!

This renowned scientist then remarked that it was at that moment that he knew he didn't need to be afraid to make mistakes. Instead, he learned that mistakes were just opportunities for learning something new, which is, after all, what scientific experiments are all about. Even if the experiment "doesn't work," we usually learn something valuable from it.



Unitedworld Executive.

Thursday, February 10, 2011

The Power of Positive Talk


I remember my dad teaching me the power of language at a very young age. Not only did my dad understand that specific words affect our mental pictures,but he understood words are a powerful programming factor in lifelong success.

One particularly interesting event occurred when I was eight. As a kid, I was always climbing trees, poles, and literally hanging around upside down from the rafters of our lake house. So, it came to no surprise for my dad to find me at the top of a 30-foot tree swinging back and forth. My little eight-year-old brain didn't realize the tree could break or I could get hurt. I just thought it was fun to be up so high.

My older cousin, Tammy, was also in the same tree. She was hanging on the first big limb, about ten feet below me. Tammy's mother also noticed us at the exact time my dad did. About that time a huge gust of wind came over the tree. I could hear the leaves start to rattle and the tree begin to sway. I remember my dad's voice over the wind yell, "Bart, Hold on tightly." So I did. The next thing I know, I heard Tammy screaming at the top of her lungs, laying flat on the ground. She had fallen out of the tree.

I scampered down the tree to safety. My dad later told me why she fell and I did not. Apparently, when Tammy's mother felt the gust of wind, she yelled out, "Tammy, don't fall!" And Tammy did fall. My dad then explained to me that the mind has a very difficult time processing a negative image.

In fact, people who rely on internal pictures cannot see a negative at all. In order for Tammy to process the command of not falling, her nine-year-old brain had to first imagine falling, then try to tell the brain not to do what it just imagined. Whereas, my eight-year-old brain instantly had an internal image of me hanging on tightly.

This concept is especially useful when you are attempting to break a habit or set a goal. You can't visualize not doing something. The only way to properly visualize not doing something is to actually find a word for what you want to do and visualize that. For example, when I was thirteen years old, I played for my junior high school football team. I tried so hard to be good, but I just couldn't get it together at that age. I remember hearing the words run through my head as I was running out for a pass, "Don't drop it!"

Naturally, I dropped the ball. My coaches were not skilled enough to teach us proper "self-talk." They just thought some kids could catch and others couldn't. I'll never make it pro, but I'm now a pretty good Sunday afternoon football player, because all my internal dialogue is positive and encourages me to win. I wish my dad had coached me playing football instead of just climbing trees. I might have had a longer football career. Here is a very easy demonstration to teach your kids and your friends the power of a toxic vocabulary.

Ask them to hold a pen or pencil. Hand it to them. Now, follow my instructions carefully. Say to them, "Okay, try to drop the pencil." Observe what they do. Most people release their hands and watch the pencil hit the floor. You respond, "You weren't paying attention. I said TRY to drop the pencil. Now please do it again." Most people then pick up the pencil and pretend to be in excruciating pain while their hand tries but fails to drop the pencil.

The point is made. If you tell your brain you will "give it a try," you are actually telling your brain to fail. I have a "no try" rule in my house and with everyone I interact with. Either people will do it or they won't. Either they will be at the party or they won't. I'm brutal when people attempt to lie to me by using the word try. Do they think I don't know they are really telegraphing to the world they have no intention of doing it but they want me to give them brownie points for pretended effort?

You will never hear the words "I'll try" come out of my mouth unless I'm teaching this concept in a seminar. If you "try" and do something, your unconscious mind has permission not to succeed. If I truly can't make a decision I will tell the truth. "Sorry John. I'm not sure if I will be at your party or not. I've got an outstanding commitment. If that falls through, I will be here. Otherwise, I will not. Thanks for the invite." People respect honesty. So remove the word "try" from your vocabulary.

My dad also told me that psychologists claim it takes seventeen positive statements to offset one negative statement. I have no idea if it is true, but the logic holds true. It might take up to seventeen compliments to offset the emotional damage of one harsh criticism. These are concepts that are especially useful when raising children. Ask yourself how many compliments you give yourself daily versus how many criticisms. Heck, I know you are talking to yourself all day long. We all have internal voices that give us direction. So, are you giving yourself the 17:1 ratio or are you shortchanging yourself with toxic self-talk like, "I'm fat. Nobody will like me. I'll try this diet. I'm not good enough. I'm so stupid. I'm broke, etc.etc."

If our parents can set a lifetime of programming with one wrong statement, imagine the kind of programming you are doing on a daily basis with your own internal dialogue.

Here is a list of Toxic Vocabulary words. Notice when you or other people use them.

But: Negates any words that are stated before it.
Try: Presupposes failure.
If: Presupposes that you may not.
Might: It does nothing definite. It leaves options for your listener..Ø
Would Have: Past tense that draws attention to things that didn't actually
happen.
Should Have: Past tense that draws attention to things that didn't actually
happen (and implies guilt.)
Could Have: Past tense that draws attention to things that didn't actually
happen but the person tries to take credit as if it did happen.
Can't/Don't: These words force the listener to focus on exactly the opposite
of what you want. This is a classic mistake that parents and coaches make
without knowing the damage of this linguistic error.

Examples:
Toxic phrase: "Don't drop the ball!"
Likely result: Drops the ball
Better language: "Catch the ball!"

Toxic phrase: "You shouldn't watch so much television."
Likely result: Watches more television.
Better language: "I read too much television makes people slow.”

You might find yourself turning that TV off and picking up one of those
books more often!


Unitedworld Executive.


Friday, January 28, 2011

RBI intends to keep cash in deficit


The Reserve Bank of India has no current plans to take new steps to ease cash conditions further and it expects an unwinding of the factors contributing to the shortfall in the months ahead, its chief said on Thursday

The Reserve Bank India (RBI) on Tuesday raised its repo rate , at which it lends to banks, to 6.5 percent from 6.25 percent. It also lifted the reverse repo rate , at which it borrows from banks, to 5.5 percent from 5.25 percent.
The RBI also raised its inflation forecast for the current fiscal year to end-March to 7 percent from 5.5 percent and warned of persistently higher food prices unless steps are taken to boost supplies.

RBI GOVERNOR DUVVURI SUBBARAO said "We have maintained in the November policy that we expect to see LAF (liquidity adjustment facility) window in the deficit mode for some more months to come, so that is consistent with our anti-inflationary stance. So, I do not see the possibility of it (LAF) getting into a surplus.
"But, we certainly want it to be in a less deficit than it is now because deficit right now is around 2 percent of net demand and time liabilities and we think that the more appropriate level would be 1 percent and that is where we would like it to be."

RBI DEPUTY GOVERNOR SHYAMALA GOPINATH  said “Treasury bill issuances of the government are primarily based on the intra-year mismatches in receipts and payments... these instruments provide investment opportunities for those who have short-term funds and generally the government has not really had any problems raising any funds by way of tbills.”



Unitedworld Executive.

Monday, January 24, 2011

Coca Cola signs Rs20 crore deal with Sachin Tendulkar


Coca Cola on Sunday confirmed reports that it had signed batting maestro Sachin Tendulkar as its brand ambassador
The beverage giant said that Tendulkar will act as its 'happiness ambassador', working on the company's various strategic communication initiatives, including its corporate, CSR and brand campaigns.

Coca Cola was said to be in talks with Tendulkar for the ICC World Cup 2011 to compete with Pepsi, who is a global sponsor for the cricketing event

Tendulkar, who was part of arch-rival Pepsi's camp, was dropped from the team two-and-half years back as Pepsi looked towards younger icons to drive its brands. Pepsi had also parted ways with ex-India captains Sourav Ganguly and Rahul Dravid, and actor Shah Rukh Khan.

The three-year endorsement deal with Tendulkar is estimated to be around Rs20 crore. Coca Cola also has Indian opening batting batsmen Gautam Gambhir on board as ambassador besides Bollywood actor Imran Khan.

Coca Cola's portfolio in India consists of Coca Cola, Diet Coke, Thums Up, Fanta, Sprite, Maaza, Minute Maid Pulpy Orange and Kinley.

Unitedworld Executive.

Thursday, January 20, 2011

Theft of National Money ---- Alarm raised by Indian Court


India's Supreme Court has said that the practice of illegal funneling of wealth overseas by Indians is a "pure and simple theft of national money"
India has lost more than $460bn in such illegal flight of capital since Independence, as per the US-based group Global Financial Integrity.
It said the illicit outflows increased after economic reforms began in 1991. India's underground economy has been estimated to account for 50% of the country's GDP - $640bn at the end of 2008.

A former federal Law Minister Ram Jethmalani and others has files a petition on the alleged inaction of the government in bringing back illegal money parked overseas by rich Indians and companies. In response, India's Solicitor-General Gopal Subramanian submitted a sealed cover containing 16 names of individuals and companies who had accounts with a Liechtenstein-based bank.

It’s a mind boggling crime indeed !

Mr Subramaniam said the government was taking measures to bring back the illegal money, but said there were difficulties in sharing the information because of confidentiality treaties between countries. "All we want is that you give all the information about the money deposited in the foreign banks by Indians. You cannot confine the petition to one bank," Justice SS Nijjar said.
The court has fixed 27 January as the next date of hearing.

Global Financial Integrity said the illegal flight of capital through tax evasion, crime and corruption had widened inequality in India.

High net-worth individuals and private companies were found to be primary drivers of illegal capital flows.



Unitedworld Executive.

Are You living the dream?


Have you ever asked someone how they are doing and their response was…"Oh, just living the dream!"
What do they mean…they are living the dream?
Have you thought about that response?
Well… I have thought about that response and have actually used that response when answering someone..
Why have I used that response? Because the life I’m living right now is what I have created…in my dreams. If I don’t like it I must change my thoughts and my "dream."
What is so great is that you have the ability to do the same in your own life… you have the ability to live whatever "dream" you project in your mind.
How do you wish to live? Do you want to live in poverty or do you want to live in abundance? Do you want to work at a job your entire life dreading each day or do you want to be passionate about your life’s work? Do you want to have loving and meaningful relationships or do you want to be unfulfilled your entire life?
The majority of people would say they want all of the abundance I just described though they continue to struggle with making these desires come to fruition in their own lives.
WHY?
Why are some people living lives of abundance and prosperity and others struggle each day?
Well…everything begins in your mind. Remember…"As A Man Thinketh, So Is He."

You must change your mindset… see and feel yourself living the life you desire. Quit focusing on what you don’t want…focus your thoughts on what you want to manifest in your life.

As you begin to develop your "dream life" your subconscious mind will begin to create this "dream life" around you. Stay focused on what you truly desire in life…without attachment. This is vital to your overall success.
Once your mind switches from positive thinking to positive knowing your "dream life" is on its way.
Now does this mean you should sit back and just wait for things to change…NO!
Begin moving your body and be alert for divine inspiration…once it arrives, take action!

Today I challenge you to reflect on your own life…are you living the dream?

Unitedworld Executive.



Tuesday, January 18, 2011

Choosing Electives for MBA

This is the second most important question that any MBA (or PGDM, PGDBM, PGPM, etc... etc.) aspirant would need to have an answer to before starting this eventful journey. Believe me, Destination of this journey would completely depend upon this single very important answer.

Never decide your stream based upon your educational background.

So this is for all those aspirants who have decided to do MBA but need some more information to decide upon their stream.
1.Streams have got nothing to do with under-graduation background. Never decide your stream based upon your educational background. One big misconception people have is MBA in Finance suits those with Commerce background. It is not so. Yes, if one has commerce background, it helps in some concepts. But largely, people with Engineering background do equally well if not better.
          In fact, most I-banks or consultancy companies prefer people with MBA (Finance) and Engineering background. The reason is that engineering subjects stress more upon logical and analytical thinking and practical approach to solve problem.
2.Marketing Management is not about boardroom marketing strategy planning. Yes, please get real. The career for a Marketing Management graduate starts with Sales. Hardcore Sales. And if FMCG sales looks too glamorous from outside, lets get some basics right. FMCG sales realistically would mean going to smallest towns in India in scorching heat, or flooding rains, or shivering cold in old, about-to-breakdown buses or overloaded jeeps, and selling products from shop to shop.

Yes, you do get rewarded for the efforts you put in your initial years. And you do get to make strategies, but that comes much later. You have to spend no less than 3-4 years in sales before being considered for marketing role. But if sales is not your cup of tea, think twice before opting for marketing. In marketing, the skills required are: 
•Ability to plan and execute marketing ideas 
•Ability to develop ideas which lead to growth in sales 
•Ability to mobilize resources to achieve the set objectives 
•Communication skills - written & Oral 
•Interpersonal skills 
•High energy levels and enthusiasm to work 
•Analytical skills 

3.Doing Information Management is not a pre-requisite to get into an IT company. Just like IT companies do not only recruit Computer Engineers but also Mechanical and Civil Engineers (I was a mechanical engineer but was offered job by a software company), the same applies to MBAs also. IT companies do give preference to IM graduates but they are open to other streams too. So, even if you choose Marketing Management or Operations Management, you have not missed out on IT companies. A specialization in IT offers scope for a career in many areas in the industry.

The skills required are the following:

•Good Analytical Skills 
•Project Management 
•Team Work 
•Quest for knowledge 
•Good communication
4.Human Resource Management is specialized function dedicated to the entire gamut of activities concerning people. kills required to do well in this area include : 

•Ability to understand and deal with people of all levels 
•Ability to cope with unstructured situations 
•And the person should have the 4 Cs 
•Creativity 
•Calmness 
•Conceptually sound 
•Convincing ability

5.'Operations' in the management world encompasses almost all the areas that reflect the efficiency of the organizations in the area of background work and execution. It includes inventory management, vendor development, purchasing management, and also a few other areas which demand multi-disciplinary skills viz. supply chain management, enterprise resource planning and also all cost optimization initiatives.
Depending on the type of organization, one might be responsible for a few activities / regions in the initial stages and consequently growing up to handling broader areas. A typical career would see one handling a few plants/ vendors initially, followed by the responsibility for an entire factory and eventually undertake a more strategic view like global sourcing / alternate materials / imports etc. but, at each stage there is a lot of responsibility and risk.
The skills required for any of the above jobs are integrity, ability to negotiate, ability to remain calm in the toughest of situations (there is a fire almost everyday, somewhere) and lastly good coordination skills coupled with technical knowledge.

6.Entrepreneurship is chosen by two kinds of people. One, who have family-managed businesses to handle or take over immediately after passing out from the institute, and the other kind who have ideas they want to implement in a new business after passing.
The second kind is now very much in vogue, especially with the mushrooming e-commerce culture where every idea has a possibility of fruition in a flourishing business. These ventures are typically characterized by a large amount of risk, but with equally high returns if they succeed.
To young Managers either in profession or aspiring for one, Entrepreneurship remains a challenging and exciting career option.

7.Agri- Business - Agriculture in India is an untapped market that has huge potential. Specialization in this field trains students to deal with the issues faced by the agriculture, food, rural, and allied sectors. Students can find job opportunities in both domestic and international levels. The demand for this branch will increase as more and more Indian and multinational companies enter/invest in agribusiness.
Major enterprises will be in the following areas:

•Production and marketing of inputs which includes pesticides, fertilizers, farm machinery, seeds, livestock feed, and irrigation equipment
•Finance and credit arrangement, rural banking, and insurance
•Processing and marketing of agriculture related outputs, such as fisheries, livestock, forestry, dairy farming, horticulture, and food crops
•Tertiary services, such as rural energy, water management, logistics, research & development, and export & import

8.An MBA in International Business grooms working managers and executives for careers of increased responsibility with focus on diversity and multicultural concerns, International relations and business strategies sensitive to international issues.

We call those International that are not restricted by geographical or political boundaries. Hence business operations without geographical boundaries, i.e., global commerce and the Internet have made the world smaller, but far more competitive. So one deals with terms like international business, multinational, transnational, globalization, multi domestic and the global marketplace very often. This arena along with the traditional export and import industry provides pathway to a multitude of careers.
In today’s global economy, many businesses are looking to expand into an international market, therefore, careers in international business are expected to grow at a faster than normal rate. From banks to manufacturing firms to government agencies, almost all industries have a need for people with a background in international business. There is such a wide range or opportunities available that someone with strong business skills and an international mindset should be able to easily find a job in a field that interests them.

9.It has been rightly said, "Just as Amitabh Bachchan stands tall in the entertainment industry, an MBA comes out at the top on the career front." But how does MBA fit into Media And Entertainment industry? There is a strong connection between management and entertainment and the management students have to deduce just what will open the doors of opportunity for them.
There are various jobs directly concerned with Media And Entertainment industry and require an MBA in Marketing. A few jobs for MBAs in this industry are:

•Event Management- to organise and promote events such as award functions, live shows, etc. 
•Production Management- to help in the production of films, serials, news and entertainment channels. 
•Ideation- to develop ideas for stories for television serials, informative programmes, or documentary and other films. 
•Celebrity Management - to manage careers of celebrities. 
•Brand Management - to maintain and promote brand names through various methods.

MBAs without work experience can also look forward to the following career options:

•Agents or Money managers - An MBA can work as a financial manager handling the finances of film stars, directors, musicians, etc. 
•Business development and consulting - An MBA can work to develop strategic alliances and partnerships for Media And Entertainment companies and work as a consultant to companies for cost cutting, restructuring, etc.

10.Retail environment requires professionals with new skills, efficiency and capability to be told, to compete and to think beyond the box. A specialization module in retail would provide the students a comprehensive exposure to the retail business world.

Today Retail management is your step to a stable career and a bright future. This MBA program trains students for specialized and proficient employment in the retail industry. A person having done MBA in Retail ought to possess robust decision creating skills particularly in terms of pricing and promotions, staffing and abundant more. MBA in Retail Management course is administrated by several Prime B Schools and universities. These MBA Colleges teach students the ideology of retail and merchandise; it prepares the students with skills to face the challenges of the new age.
After we speak of the scope of MBA in Retail in nowadays's scenario then the answer is often a YES. Specially having big brands like Pantaloons, Spencer's, Big Bazaar, Shopper's Stop, Reliance, Westside, and several more into long term investment in India's market.

By selecting to try to to an MBA in Retail an individual will build a future in varied fields like sales, merchandiser, offer chain distributors, retail manager, marketing executives, retail buyers and merchandiser, logistics and warehouse managers etc. All over India, there are various job opportunities conjointly in books and publishing business, multiplexes, garment trade, searching malls, music stores etc. MBA in Retail management is one amongst the most standard courses among the kids as a result of once getting knowledge in retail, one can achieve more store sales and profit, merchandise shipments and much more. In this course a private can additionally learn to be an experience while communicating with shoppers satisfying them and managing the shop very well. The career growth and scope of this field is not limited only to India. However it has nice future in abroad too.

This is the second most important question that any MBA (or PGDM, PGDBM, PGPM, etc... etc.) aspirant would need to have an answer to before starting this eventful journey. Believe me, Destination of this journey would completely depend upon this single very important answer.



Unitedworld Executive.

Monday, January 17, 2011

Winning is a habit. Everyone wants to be a winner but only a handful win.

There are some habits which distinguish a winner from a loser. Some of these habits are:

  1. Losers decide to do something but don’t do it, under external pressure. Winners do the opposite. They decide to do something and do it, or decide not to do something and don’t do it.
  2. Losers see problems in every opportunity; Winners see opportunity in every problem.
  3. A loser’s move is based on instinct or impulse. Winners act upon much deliberated decisions.
  4. Losers are too proud to admit their mistakes. Winners are proud that they learn from their mistakes.
  5. Losers reject suggestions because the acceptance makes them feel inferior. Winners welcome suggestions because they are open to learning.
  6. Losers call it quits at the first sign of failure. Winners treat failure as a stepping stone to success.
  7. Losers don’t have the power of persistence. Winners always go after their dreams.
  8. Losers envy winners. Winners congratulate every successful person.
  9. Losers focus on pleasurable activities. Winners manage a proper balance between work and leisure.
  10. Losers want an easy life without any suffering and hardship. Winners know that what one sows is what one reaps. They know that efforts and actions don’t go unnoticed. They progress through trials and errors without giving up.
  11. Losers dream but don’t act. Winners are always willing to do everything which is necessary to achieve their dreams.
  12. Losers don’t move forward because they are afraid to come out of their comfort zone. Winners move forward by refusing to tolerate all negative things. Which hold them back. they create space in their lives for positive experiences.
  13. Losers think of all that is impossible. Winners think of infinite possibilities.
  14. Losers let others change their goals, Winners believe in themselves and their dreams.
  15. Losers submit passively to surroundings and events; Winners make choices based on what they
  16. want to do, have and become.


Are you a loser or a winner ?


Unitedworld Executive.

Sunday, January 16, 2011

MBA IS NOT AND END ITSELF,BUT A MEANS TO AN END.

•  Having a master's degree in business administration is necessary for those who want to gain an advantage in this ultra-tough industry. It is one of several business degrees that provide a huge impact on a professional's salary and career advancement options. 
•  A Masters of Business Administration (MBA) can help you move up the career ladder at a large corporation significant

WHY MBA ?

An MBA is one of the most coveted postgraduate degrees today not just for business professionals, but for college graduates in general. Having a master's degree in business administration is necessary for those who want to gain an advantage in this ultra-tough industry. It is one of several business degrees that provide a huge impact on a professional's salary and career advancement options. Being an official Master of Business Administration is also an attractive endeavor for professionals outside the industry because the program touches different fields and sectors. Overall, MBA training is a valuable asset regardless of the career path chosen by college graduate

It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace. What will you get out of an MBA? Aside from a powerful life experience, the MBA degree should supply three main value propositions: Skills, Networks, and Brand

•SKILLS 
 These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management. MBA students   acquire these skills inside and outside the classroom. Since MBA programs attract people from very diverse industries and  cultures, a program should be able to leverage these differences and translate them into learning opportunities.

•NETWORKS 
An MBA degree program offers access to a network of MBA students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories.

•BRAND
The MBA degree is a recognized brand that signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.

EMPLOYABLE SKILLS GAINED BY MBAs
•Academic achievement: demonstrates application and high standards of performance; 
•Communication skills: listening, speaking carefully and clearly, the ability to put across your   arguments fluently in writing; 
•Analysis: distinguishing relevant from irrelevant information, identifying issues and problems; 
•Commitment: seriousness of purpose, demonstrated both by taking time out from your career on a reduced salary (or no salary) in order to improve your qualifications and By combining work and part-time study; 
•Practicality: realism, ability to set attainable goals; 
•Maturity: tenacity, independence, organization; 
•Decisiveness: fact-finding skills, clarity, judgment, courage; 
•Intellectual creativity: the ability to develop new concepts and ideas; 
•Capacity for hard work: embodying self-motivation, self-discipline and time management; 
•Group skills: teamwork, leadership, ability to motivate others; 
•The mastery of IT skills: knowledge of statistical packages, spreadsheets, databases and programming languages; 
•Cross-cultural awareness: working with fellow-students from many different nationalities and backgrounds.

Answer 
•To become a manager. 
•Earn a good salary.
•To develop better critical thinking and interpersonal skills.
•To sharpen strategy and tactical skills. 
•To broaden ones scope. 
•To analyse organizational methods and procedures. 
•To enrich ones life and develop the personality
•To take on more responsibilities 
•To expand ones network 
•To step to a higher level within a career 
•To learn approaches to solve real life problems. 
•To increase motivation and perormance
•To learn to use power appropriately 
•To learn the art of influencing people 
•To become more marketable 
•To learn negotiation dynamics  and risk management skills.
•To learn the methods for building energized teams. 
•To develop a global mindset and to lead change.
•To learn the importance of cultural sensitivity and social responsibility.



Unitedworld Executive.