MBA Essay

MBA Essay

MBA essay will deal with different issues related with management. With the growing popularity of management education these categories of essays and research papers are also in demand now a day.

The basic features of management can be identified as follows-

1)      Organized activities- Management is a process of organized activities. Without organized activities, two groups of people cannot be involved in the performance of activities. Where a group of people are involved in working towards a common objective, management comes into existence. The organized activities may take a variety of forms ranging from a tightly structured organization to a very loosely knit organization. It can be a company like Microsoft or a local social club. But all organizations have one thing in common; they want to progress efficiently towards the achievement of their objectives, through the coordinated efforts of people. This is done by management process. Therefore, where a single individual pursues his personal objectives, management has no operational meaning. However, when an attempt is made to channel the individual’s quest for personal objectives along the lines that contribute to the overall objectives of the group, management becomes the means by which the random action is controlled.

2)      Existence of objectives- An objective or set of objectives should exist towards which the organized group activities are directed. Without objectives, it becomes difficult to define the direction where organized group activities would lead to. The existence of objectives is a basic criterion of every human organization because all organizations are deliberate and purposive creation and, therefore, they should have some objectives. The objectives are agreed upon by the members of the group or the organization. The organizational objectives are the desired state of affairs which an organization attempts to realize. This realization of objectives is sought through the coordinated efforts of the people constituting an organization.

3)      Relationship among resources- Organized activities meant to achieve common goals are brought about to establish certain relationships among the available resources. Resources include money, machine, materials and people. All these resources are made available to those who manage; they apply knowledge, experience, principles for getting the results. Thus, the essence of management is integration of various organizational resources. However, since people at operative level do the things by the use of various physical and other resources, it is more important for the management to take care of integration of human resources. Thus, management is concerned with the proper utilization of human resources which, in turn, utilize other resources.

4)      Working with and through people- Management involves working with people and getting organizational objectives achieved through them. The idea of working through people is interpreted in terms of assigning activities to sub ordinates. The superior sub ordinate relationships are created because of organized activities. Through the process of assignment and realization of activities, the actual work is performed by people at the operative level which is the lowest level in an organization. Thus, a sizeable proportion of management principles relates to how human beings can be put for better efforts in the organization.

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Five Must Have Skills for Any MBA Holder

Getting an MBA should never be an end in itself. Many people just pursue an MBA program because they think that every other person is pursuing one. Therefore, unless you would simply want to be like everyone else, you should only have an MBA if you know that it will add value to your work. In fact, the reason why an organization may promote you or increase your salary is because it believes that once you had an MBA you gained new skills.

There are five skills that every MBA program should offer you; whether it is a one year program or a two year program, whether it is a part time program or a full time program.

Analytical Skills

An MBA program should not just be one where you go and get information from notes and text books which you go and regurgitate in your exam and term papers. Instead, it should be one which allows you to use the knowledge that you already have, to help you analyze information in order to make the right decisions.

Social Awareness

Managing business and organizations is not all about cost minimization vs. output maximization. An MBA program should be able to develop socials skills that should help you in networking while at the same time understating the socio-political environment that you are working under.

Leadership Skills

One of the reasons why some organizations will promote you once you acquire an MBA is because it is expected that after going through the MBA program, you a far better leader than what you were before. Therefore, it is important that when you are pursuing the MBA, you take seriously the aspects of leadership that you may learn in the process.

Improved Character

Apart from leadership skills, you must also train yourself to be more focused and hardworking. Truth be said, a lot of success does not comes through higher intelligence, but mainly due to a better character and a much better ability to focus. Therefore, for the time that you will be pursuing your MBA, it is important that you also shape your character so as to become a better leader in any organization that you might be working in.

Group Skills

A good manager must be both a good team player and a good team leader. An MBA program should help you build this because it is preparing you to work through and with people. You must know how to interact with other members of a group and accommodate other people’s views while at the same time being able to make firm decisions.

The moment you start realizing that an MBA is not an end to itself, you will then be keener on what you are going to come out with from the program. You will even be in a much better situation to determine whether or not you really need to pursue an MBA program.