Introduction

I often visit many pages on internet and while reading something very amazing I always want to share those with my friends. But I was lacking a medium, how to share the things with my friends Blogger gave me a opportunity. Hence I created this Blog to share, what is with me. There are many Post Which I got While Surfing Net and but some are my Own.
Its my kind request to all those who visit here please do make a comment if you want to say something..... as value addition can take place anywhere.

Wednesday, December 8, 2010

Choosing the MBA Specialization

I am in a deli ma and some of my friends are also in a deli ma about which specialization we should choose, I tried to search out for this answer and finally I got this which I think can help some of us 


Solve this puzzle. How to choose your specialization?


Heres your answer: Marketing is for those who can talk well. Finance is for those who are good with numbers. Operations are for those (who are good with numbers plus) with a manufacturing background. HR is for those who can handle the touchy feely stuff - or those who are bad at maths or non engineers, if you want to be politically incorrect. There is always MBA in IT that is available for those who came from an IT background or those who want to go to an IT company. End of puzzle.

That is the common street talk on the specializations on the MBA circuit. Add minors and majors to the mix and you can think of yourself as a person who has a major ability to talk well and a minor interest in IT, therefore you pick up a Marketing - IT combo. Now, if you can see for yourself how absurd this is, you will know what I am driving at.

What is important to remember is that none of the specializations are mutually exclusive in real life. Which is obvious, considering business is not meant to be mutually exclusive. Anything and everything in an organization and real life is interconnected.

Second, as a human being, who has cleared various tests and reached the doors of the MBA, your ability to learn and pick up any specialization is also a given. Which means, if it was about passing exams and gaining a specialization, you can clear an MBA with flying colours in any specialization. Don't agree. If could you could do so in graduation, why not in post grad?

And then, there are trends. Or call them fads. Organizations see demand going up or down for certain specializations depending on what state of the business cycle they are in, the economy (of their target market) is in. If you wish to cash in on that, don't. Trends will come and go, but both your passion and your qualification will remain.

So, how does one approach specializations?

Many years ago, at an interview for one of Indias most recognized automobile companies, was a line up of eager students, including me. One of us walked out post interview and as it happens, we were eager to know what did they ask him. He said, much to our surprise, 'they asked me about the fielding positions in cricket and I was able to do it instantly'. Instantly, one of the students in the room drew up a sheet of paper, grabbed a friend and having jotted down the positions, started memorizing the fielding positions in cricket. After all that appeared to be the trend. What he did not realize was that the company was basically looking for the level of passion of the engineer when they asked him what his favourite sport was. (Needless to say the guy who drew the cricket fielding positions made it.)

Very often we tend to approach specializations in the same way.

Heres one example. Let us say that you are a Chartered Accountant. So, your grounding in accounts is impeccable. From here, can you become an IT requirements consultant in Finance? Check. Can you move onto marketing financial services or working with potential overseas investors? Check. Can you handle operations in a BPO or a Bank with an added MBA degree? Check Or you are deeply passionate about HR? Check.

Replace CA with any other degree and you will find that it is almost impossible to justify why anybody with any qualification should or should not take up a particular specialization.

Heres a thumb rule. Remember, that the MBA is an addition to your 15 or 16 plus years of what you have already done. So, if you are an engineer or an economics student, the MBA is just the icing on the cake - the cake is what you already have - the sum total of your studies and your experience. Now take a second look at those specializations. And then take a long hard look at your interest and strengths. What do you like to do will answer the former while what you are good at will answer the latter. A combination of these three should ideally lead you to the specializations. If you are in doubt or in a fantasy about the nature of jobs after acquiring the said specialization, please meet a few people who are in the kind of job you long to do and ask them exactly what they do. Beyond jargon, beyond the gloss, beyond the job description, ask them what is the exact work that they do and if that interests you.

So, once again, think about why are you in the race for an MBA. At the end of the MBA what would you want to become and why? It is important to like what you are into, regardless of what your friends are into. It is equally important to be good at your job. By no means does that mean that you can be ignorant of other specializations. And as you work in organizations, you will realize that many are.

So, if you are in for a regular specialization, it is self evident. (If it is not, talk to people you have worked with or know you well or with a professional counsellor - they will help you.) If you have the choice of two, use that choice wisely. Just taking the hottest two together may not be the best message you convey to a potential recruiter - it will not help you masquerade as "either". Think Icing, think Cake.

Now, for the second part of an often asked question. Does it matter?

The answer is a tough one, though I would take a stand here that does not really matter in the long run. Heres why.

Once you enter into a company, the only thing that matters is performance. So, if you a finance specialist, if you perform you get to move higher. If you don't, the person who does, gets to move higher. As you gain in the years, it is important that you broaden your perspective as you go along. And what that means, knowing how the different parts of the business interplay and ensure success. Strategy means holding the different levers like the reins in a chariot so that your business runs smoothly in the right direction. Is that possible for a one trick pony? No.

Heres an exercise. Take a look at a sample size of CEOs (or whatever else is your goal) across industries. Find out what their education/specializations are. Do you see a correlation? Then, into this mix, ensure that you include a mix of large corporates, SMEs, neighbourhood businesses, start-ups in it. See that data again.

My bet is that there will be no correlation (indeed there will not even be a correlation of basic qualification or MBA or anything else).

And if there is, you know which specialization to take...

Thursday, December 2, 2010

Story of appreciation...

One young academically excellent person went to apply for a managerial position in a big company.

He passed the first interview, the director did the last interview, made the last decision.

The director discovered from the CV that the youth's academic achievements were excellent all the way, from the secondary school until the postgraduate research, never had a year when he did not  score.

The director asked, "Did you obtain any scholarships in school?" the youth answered "none".

The director asked, " Was it your father who paid for your school fees?" The youth answered, "My father passed away when I was one year old, it was my mother who paid for my school fees.

The director asked, " Where did your mother work?" The youth answered, "My mother worked as clothes cleaner. The director requested the youth to show his hands. The youth showed a pair of hands that were smooth and perfect.

The director asked, " Have you ever helped your mother wash the clothes before?" The youth answered, "Never, my mother always wanted me to study and read more books. Furthermore, my mother can wash clothes faster than me.

The director said, "I have a request. When you go back today, go and clean your mother's hands, and then see me tomorrow morning.*

The youth felt that his chance of  landing the job was high. When he went back, he happily requested his mother to let him clean her hands. His mother felt strange, happy but with mixed feelings, she showed her hands to the kid.

The youth cleaned his mother's hands slowly. His tear fell as he did that. It was the first time he noticed that his mother's hands were so wrinkled, and there were so many bruises in her hands. Some bruises were so painful that his mother shivered when they were cleaned with water.

This was the first time the youth realized that it was this pair of hands that washed the clothes everyday to enable him to pay the school fee. The bruises in the mother's hands were the price that the mother had to pay for his graduation, academic excellence and his future.

After finishing the cleaning of his mother hands, the youth quietly washed all the remaining clothes for his mother.

That night, mother and son talked for  a very long time.

Next morning, the youth went to the director's office.

The Director noticed the tears in the youth's eyes, asked: " Can you tell me what have you done and learned yesterday in your house?"

The youth answered, " I cleaned my mother's hand, and also finished cleaning all the remaining clothes'

The Director asked, " please tell me your feelings." 


The youth said, Number 1, I know now what is appreciation. Without my mother, there would not the successful me today.* 



*Number 2, by working together and helping my mother, only I now realize how difficult and tough it is to get something done.*

*Number 3, I have come to appreciate the importance and value of family relationship.

The director said, " This is what I am looking for to be my manager. I want to recruit a person who can appreciate the help of others, a person who knows the sufferings of others to get things done,  and a person who would not put money as his only goal in life. You are hired.

Later on, this young person worked very hard, and received the respect of his subordinates. Every employee worked diligently and as a team. The company's performance improved tremendously.

A child, who has been protected and habitually given whatever he wanted, would develop entitlement mentality" and would always put himself first. He would be ignorant of his parent's efforts. When he starts work, he assumes that every person must listen to him, and when he becomes a manager, he would never know the sufferings of his employees and would always blame others. For this kind of people, who may be good academically, may be successful for a while, but eventually would not feel sense of achievement.


He will grumble and be full of hatred and fight for more. 


Experience the difficulty and learn the ability to work with others to get things done.

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