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Value that Market seeks in MBAs
Presented by
- Vijay Chaturvedi,
- PGMM (IMT, Ghaziabad) ; EPGDIB (IIFT, Delhi)
- Founder, Owner & Managing Partner – Vistar Consulting, Gurgaon
MBA – A Formation along 3 Dimensions
Knowing, Doing and Being
 Knowing
 reassessing the facts, frameworks, and theories that you learn
 Doing
 developing the skills, capabilities, and techniques that lie at the
heart of the practice of management
 Being
 the values, attitudes, and beliefs that form managers’ worldviews
and professional identities
MBA – A Journey from “Big A” to “Better A”
MY BIG ATTITUDE
(LEFT IN CLASS) MY BETTER
ATTITUDE (RIGHT
FOR MARKET)
Market
Expectation
– A learning
Manager and
not a learned
one
It Is All About
 “Being” is “not being a Manager” but “being a Leader”
 And Leadership means
 taking responsibility for implementing change
 developing a certain depth as a person
 willing to shed any stereotypes that one may have carried into the
job
 understanding the balance between a career and commitment to an
organization
 developing a commitment to practice
 understanding one’s own limitations, and
 working out one’s expectations in a reasonable manner
Filling “The Gaps”
 Areas that business graduates are generally perceived to be weak in:
 Gaining a global perspective: managing institutional, economic and cultural
diversity
 Developing leadership skills: learning to build with others
 Honing integration skills: framing problems holistically and incorporating
judgment and intuition into analytical decision making
 Recognizing organizational realities and implementing effectively:
understanding the politics of organizational behaviour
 Acting creatively and innovatively
 Thinking critically and communicating effectively
 Understanding the roles, responsibilities, and purpose of business:
balancing the financial and non-financial objectives of business and multiple
stakeholder demands
 Understanding the limits of models and markets
MBAs as Leaders
 Focus required on four clusters
 the “intra-personal”, which includes self-awareness, emotional self-
awareness, intentionality, resilience, optimism and empathy
 the “influencing others” cluster, which includes emotional expression,
interpersonal connections, constructive discontent, and trust
 the “managing complexity cluster” which consists of intuition and creativity
 “managing diversity”, a tolerance for ambiguity and flexibility
Market View: Skills & Qualities
 Manage
 Change,
 Business,
 Others and
 Self
 Demonstrate curiosity and a willingness to learn, the willingness to challenge the status quo,
and learn from practice.
 Everything is embedded in the learning attitude.
 Understand the values which govern an organization
Market View: “Being” dimension
 Show willingness to influence organizations and to make changes rather than
escape by moving on quickly.
 Avoid high expectations from others, and avoid lack of depth.
 Avoid stereotypes about managers and companies, what needs to be done and
what helps them to build their own careers.
 Be more committed to the organization or the profession.
 Inculcate “practice orientation.”
 Be open to the field roles.
 Avoid being individualistic.
 Be more independent and more grounded.
 Avoid overrating the value of their degree.
 Be humble
 Today, Marketing, Finance, HR are no more separate islands.
Market View: “Being” dimension (Contd.)
 Understand the social aspect of business as well.
 Understand relevance of business to community.
 Learn the concept of “value of money.”
 Value “the values”.
 Learn the art of judging the industry trend with sharper accuracy.
 Increase emotional quotient to face the challenges of future.
Management ≠ Analysis
 What you are learning in school is analysis.
 You are being taught tools and techniques.
 Analysis is just one of the ingredients in the recipe.
 You may have the best analysis in the room.
 However, if your analysis is not heard and taken seriously, it is of no value.
 Too often, talented people with the best answers sit in the back of the room
while hacks run the show.
 If you enjoy the view from the back, getting an MBA will not change anything.
 A MBA degree only works if you are willing to transform yourself.
 Are you?
Einstein would have been a terrible
manager
 There is a huge misconception among students that being smart is the way to
be successful.
 Let me break this to you - It is not about being smart.
 There are many smart people who are absolutely incompetent managers.
 Not to mention the fact that many smart people are first-rate jerks.
 Don’t get it wrong.
 You don’t have to be dumb to succeed.
 But you also do not have to be a Mensanto make it to the top.
 All you need is average intelligence.
 But, you need other qualities.
Bill Clinton would have been an excellent
manager
 The man had his faults.
 But, he could communicate like few others.
 Bad managers are, frequently, terrible communicators.
 They have good ideas.
 But they simply don’t know how to get them across.
 You cannot lead, motivate or sell if you cannot communicate.
 If there is one thing you want to do when you are in school, learn to
communicate.
Don’t Lose Touch With What is Right
 Do not use analysis to justify what you know to be wrong.
 Frequently, the wrong path comes dressed in pretty clothes.
 Don’t buy it.
 Hang on to your moral compass for all its worth.
 Remember what your mom taught you.
 If you think something is wrong, stand up and say something.
 You will certainly lose some friends.
 But, it will be worth it.
 If you cannot explain an action to your family, don’t do it.
 Nice guys can finish first.
 You don’t have to stop being a nice guy to succeed.
Got Gumption?
 You will not succeed if you do not show initiative.
 I have met many smart people who are simply not interested in following
through on their ideas.
 The result? They languish, get bitter and drink too much.
 You better have a passionate belief in your ideas, if you want others to take them
seriously.
 Just ask Arthur Fry-the inventor of the Post-it Note who had to fight 3M
bureaucracy to get the idea through.
 To succeed, you will have to be cheeky.
 And, stubborn as a mule.
 Persist & Win them over with charm.
 History teaches us that smart people have made bad calls.
 Thomas Watson, Chairman of IBM once said-“I think there is a world market for
maybe five computers.”
 So, believe in your ideas and go for it.
Stay Current
 Here is a quick quiz
 Do you have a blog?
 Have you added a screenshot to a PowerPoint presentation?
 Have you downloaded a free e-book before?
 Do you know how to limit your Google search to .pdf files?
 Have you modified a Wikipedia page?
 If you scored 0, 1 or 2 on the quiz, you are obsolete.
 Find a way to get current.
Reinvent yourself
 I have always admired Benjamin Franklin because he refused to be just one
thing.
 He constantly reinvented himself.
 He was a printer, scientist, inventor, civic activist, writer, librarian, philosopher
and diplomat.
 Labels are nothing.
 Outgrow them.
You’ve got to take smart risks
 Something dragged you to an MBA program.
 It was perhaps a desire to outgrow a niche or to jumpstart a career.
 Don’t lose that.
 Take smart risks-with yourself and your career.
 That’s Nicole Evans, founder of iVillage, by the way.
Don’t stop dreaming
 I think we spend too much time talking about vision and too little talking about
dreams.
 Dreams drive achievement.
 Narayana Murthy is an Indian electrical engineer who grew up in a typical
middle-class family.
 What made him different was that he dreamed of building a world-class
company.
 For FY 2015, the annual revenue of Infosys, the Bangalore-based company he
founded, was US$ 8.71 billion.
 Murthy is now in the global “Top 10 Most Admired CEOs” list and is worth
US$1.8 billion(2015).
 Imagine the number of people who must have told him that he was dreaming if
he thought a world-class company could be based in India.
 He kept on dreaming and inspired an entire generation of Indian
entrepreneurs.
So, here’s the checklist !
 Management ≠ Analysis
 It is not about being smart
 Learn to Communicate
 Don’t Lose Touch With What is Right
 Got Gumption?
 Stay Current
 Reinvent Yourself
 Take Smart Risks
 Don’t Stop Dreaming
The Automotive Icon & the legendary Lee
Iacocca says it all !!!
Value that Market seeks in MBAs

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Value that Market seeks in MBAs

  • 1. Value that Market seeks in MBAs Presented by - Vijay Chaturvedi, - PGMM (IMT, Ghaziabad) ; EPGDIB (IIFT, Delhi) - Founder, Owner & Managing Partner – Vistar Consulting, Gurgaon
  • 2. MBA – A Formation along 3 Dimensions
  • 3. Knowing, Doing and Being  Knowing  reassessing the facts, frameworks, and theories that you learn  Doing  developing the skills, capabilities, and techniques that lie at the heart of the practice of management  Being  the values, attitudes, and beliefs that form managers’ worldviews and professional identities
  • 4. MBA – A Journey from “Big A” to “Better A” MY BIG ATTITUDE (LEFT IN CLASS) MY BETTER ATTITUDE (RIGHT FOR MARKET) Market Expectation – A learning Manager and not a learned one
  • 5. It Is All About  “Being” is “not being a Manager” but “being a Leader”  And Leadership means  taking responsibility for implementing change  developing a certain depth as a person  willing to shed any stereotypes that one may have carried into the job  understanding the balance between a career and commitment to an organization  developing a commitment to practice  understanding one’s own limitations, and  working out one’s expectations in a reasonable manner
  • 6. Filling “The Gaps”  Areas that business graduates are generally perceived to be weak in:  Gaining a global perspective: managing institutional, economic and cultural diversity  Developing leadership skills: learning to build with others  Honing integration skills: framing problems holistically and incorporating judgment and intuition into analytical decision making  Recognizing organizational realities and implementing effectively: understanding the politics of organizational behaviour  Acting creatively and innovatively  Thinking critically and communicating effectively  Understanding the roles, responsibilities, and purpose of business: balancing the financial and non-financial objectives of business and multiple stakeholder demands  Understanding the limits of models and markets
  • 7. MBAs as Leaders  Focus required on four clusters  the “intra-personal”, which includes self-awareness, emotional self- awareness, intentionality, resilience, optimism and empathy  the “influencing others” cluster, which includes emotional expression, interpersonal connections, constructive discontent, and trust  the “managing complexity cluster” which consists of intuition and creativity  “managing diversity”, a tolerance for ambiguity and flexibility
  • 8. Market View: Skills & Qualities  Manage  Change,  Business,  Others and  Self  Demonstrate curiosity and a willingness to learn, the willingness to challenge the status quo, and learn from practice.  Everything is embedded in the learning attitude.  Understand the values which govern an organization
  • 9. Market View: “Being” dimension  Show willingness to influence organizations and to make changes rather than escape by moving on quickly.  Avoid high expectations from others, and avoid lack of depth.  Avoid stereotypes about managers and companies, what needs to be done and what helps them to build their own careers.  Be more committed to the organization or the profession.  Inculcate “practice orientation.”  Be open to the field roles.  Avoid being individualistic.  Be more independent and more grounded.  Avoid overrating the value of their degree.  Be humble  Today, Marketing, Finance, HR are no more separate islands.
  • 10. Market View: “Being” dimension (Contd.)  Understand the social aspect of business as well.  Understand relevance of business to community.  Learn the concept of “value of money.”  Value “the values”.  Learn the art of judging the industry trend with sharper accuracy.  Increase emotional quotient to face the challenges of future.
  • 11. Management ≠ Analysis  What you are learning in school is analysis.  You are being taught tools and techniques.  Analysis is just one of the ingredients in the recipe.  You may have the best analysis in the room.  However, if your analysis is not heard and taken seriously, it is of no value.  Too often, talented people with the best answers sit in the back of the room while hacks run the show.  If you enjoy the view from the back, getting an MBA will not change anything.  A MBA degree only works if you are willing to transform yourself.  Are you?
  • 12. Einstein would have been a terrible manager  There is a huge misconception among students that being smart is the way to be successful.  Let me break this to you - It is not about being smart.  There are many smart people who are absolutely incompetent managers.  Not to mention the fact that many smart people are first-rate jerks.  Don’t get it wrong.  You don’t have to be dumb to succeed.  But you also do not have to be a Mensanto make it to the top.  All you need is average intelligence.  But, you need other qualities.
  • 13. Bill Clinton would have been an excellent manager  The man had his faults.  But, he could communicate like few others.  Bad managers are, frequently, terrible communicators.  They have good ideas.  But they simply don’t know how to get them across.  You cannot lead, motivate or sell if you cannot communicate.  If there is one thing you want to do when you are in school, learn to communicate.
  • 14. Don’t Lose Touch With What is Right  Do not use analysis to justify what you know to be wrong.  Frequently, the wrong path comes dressed in pretty clothes.  Don’t buy it.  Hang on to your moral compass for all its worth.  Remember what your mom taught you.  If you think something is wrong, stand up and say something.  You will certainly lose some friends.  But, it will be worth it.  If you cannot explain an action to your family, don’t do it.  Nice guys can finish first.  You don’t have to stop being a nice guy to succeed.
  • 15. Got Gumption?  You will not succeed if you do not show initiative.  I have met many smart people who are simply not interested in following through on their ideas.  The result? They languish, get bitter and drink too much.  You better have a passionate belief in your ideas, if you want others to take them seriously.  Just ask Arthur Fry-the inventor of the Post-it Note who had to fight 3M bureaucracy to get the idea through.  To succeed, you will have to be cheeky.  And, stubborn as a mule.  Persist & Win them over with charm.  History teaches us that smart people have made bad calls.  Thomas Watson, Chairman of IBM once said-“I think there is a world market for maybe five computers.”  So, believe in your ideas and go for it.
  • 16. Stay Current  Here is a quick quiz  Do you have a blog?  Have you added a screenshot to a PowerPoint presentation?  Have you downloaded a free e-book before?  Do you know how to limit your Google search to .pdf files?  Have you modified a Wikipedia page?  If you scored 0, 1 or 2 on the quiz, you are obsolete.  Find a way to get current.
  • 17. Reinvent yourself  I have always admired Benjamin Franklin because he refused to be just one thing.  He constantly reinvented himself.  He was a printer, scientist, inventor, civic activist, writer, librarian, philosopher and diplomat.  Labels are nothing.  Outgrow them.
  • 18. You’ve got to take smart risks  Something dragged you to an MBA program.  It was perhaps a desire to outgrow a niche or to jumpstart a career.  Don’t lose that.  Take smart risks-with yourself and your career.  That’s Nicole Evans, founder of iVillage, by the way.
  • 19. Don’t stop dreaming  I think we spend too much time talking about vision and too little talking about dreams.  Dreams drive achievement.  Narayana Murthy is an Indian electrical engineer who grew up in a typical middle-class family.  What made him different was that he dreamed of building a world-class company.  For FY 2015, the annual revenue of Infosys, the Bangalore-based company he founded, was US$ 8.71 billion.  Murthy is now in the global “Top 10 Most Admired CEOs” list and is worth US$1.8 billion(2015).  Imagine the number of people who must have told him that he was dreaming if he thought a world-class company could be based in India.  He kept on dreaming and inspired an entire generation of Indian entrepreneurs.
  • 20. So, here’s the checklist !  Management ≠ Analysis  It is not about being smart  Learn to Communicate  Don’t Lose Touch With What is Right  Got Gumption?  Stay Current  Reinvent Yourself  Take Smart Risks  Don’t Stop Dreaming
  • 21. The Automotive Icon & the legendary Lee Iacocca says it all !!!