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Dont Measure Success With Designations


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Dont Measure Success With Designations

  1. 1. Don’t measure success with designations
  2. 2. A lot has been written about how B-schools do not prepare their students for the realities of the workplace
  3. 3. <ul><li>Every organisation has its own set of anecdotes about how the management trainee fresh out of B-school was brought down to earth and taught practical lessons in management </li></ul>
  4. 4. <ul><li>But it is it also the same story with all other freshers from all disciplines too – not just the B-schools alone. </li></ul>
  5. 5. <ul><li>Hence no school can perfectly simulate work place environment on campus </li></ul>
  6. 6. <ul><li>It is a fact the idealism that abounds in the young minds is bound to get shattered when the harsh realities of the world hit them.. </li></ul><ul><li>  </li></ul>
  7. 7. <ul><li>B-Schools are expected to teach their students the theories of management. So their graduates can be assumed to have firm grounding in them </li></ul><ul><li>  </li></ul>
  8. 8. <ul><li>In reality, vital aspects of management get entirely overlooked or covered only fleetingly. This can be ascribed to the lacunae existing in the available knowledge in these areas, rather than the failing of B-schools. </li></ul>
  9. 9. <ul><li>We shall describe here few aspects of management which are crucial and are not generally taught in the B-schools. Probably, by making themselves aware of these issues, our B-school students can perhaps contribute more at their workplace!. </li></ul>
  10. 10. <ul><li>First </li></ul><ul><li>Best lessons in management can be learnt from an entrepreneur who has successfully built and managed a good business. He has always an eye on the bottom line and makes it a point to control costs as the success of any enterprise is measured by profits alone! B-schools do not emphasise this aspect of management. It is strongly felt that B-schools should introduce a course on profitability and how to achieve it. </li></ul>
  11. 11. <ul><li>Second </li></ul><ul><li>One cannot build a successful enterprise without the right people. While B-schools can teach theories and practices of human resources and organizational behaviour, but the essence of attracting and retaining talent is missed out in the curriculum or even if it is covered, it is only a fleeting reference </li></ul>
  12. 12. <ul><li>Getting taught skills in understanding human aspirations and career goals, developing qualities of humaneness, caring and personal concern for team members would help our B-school graduates to become easily the mentor of their respective teams and also to build the best possible team. </li></ul>
  13. 13. <ul><li>Third </li></ul><ul><li>B-Schools teach their students about leadership qualities and how great leaders are made. Every management graduate has dreams to become a legendary leader. Stories of great management leaders are devoured, analysed and critiqued. However a key quality of good leaders – humility – is conspicuous by its absence in all the literature pertaining to leadership </li></ul>
  14. 14. <ul><li>In fact, graduates from prestigious B-schools are conditioned to think about themselves as the greatest and this breeds an arrogance that can be their biggest failing. The more one achieves, the more humble he should become. All great leaders in history have been epitomes of humility and this is one important lesson that all B-schools have to teach their students </li></ul>
  15. 15. <ul><li>Fourth </li></ul><ul><li>In the highly regimented atmosphere of a B-school, what is often ignored is self awareness. Properly developed, this tool can become a vital part of armoury in the war zones of business. This, know thyself, calls for a dispassionate assessment of strengths and weaknesses, often bordering on the instinctive rather than the rational. In all walks of life, knowledge of what can be accomplished and what cannot is imperative. This is a quality that is acquired over a considerable period of time, rather than taught in the B-schools </li></ul>
  16. 16. <ul><li>Fifth </li></ul><ul><li>Another area where B-schools lag is practical implementation. In real life, all projects are ten percent inspiration, conceptualization and strategizing, but implementation takes up the remaining ninety percent. While conceptualization and strategizing is emphasized at the B-schools, their students tend to learn about implementation part only in the actual work environment. </li></ul>
  17. 17. <ul><li>Sixth </li></ul><ul><li>Management is all about common sense. One can graduate from the best B-school, but without an abundance of commonsense he won’t get very far. Sadly this is one truth that cannot be taught. Hence B-schools cannot be blamed for not teaching this. Our B-school students are well advised to look at all management situations with commonsense and then through the lens of what they have been taught. This way they will never go wrong. This one learning will stand them in good stead and show the right path . </li></ul>
  18. 18. <ul><li>To lead as a good manager, it is essential to consider success and failure as two sides of the same coin. B-schools attach a premium on success, but it is important to realize that success should not be measured with designations but with how much one has moved forward in life. And failure, as we all know, is not the end of the world. At most, it is a passing phase. Only such failures will force the ‘lucky ones’ to go after lasting success . </li></ul>
  19. 19. <ul><li>Can we conclude ? </li></ul><ul><li>Go after failures or go after success ? </li></ul><ul><li>You decide the best one ! </li></ul>
  20. 20. <ul><li>Thank you ! </li></ul>