New session of PGDM/MBA for the 2010-12 batch has begun at number of B-schools. Once again the faculty would appraise the students about whatever has happened in the corporate war games till now & what they expect in future. The faculty & students would once more cross their intellectual swords in the classrooms to suggest various new moves & attitudes to handle business game plan in an efficient manner.
The mother of all questions facing a student would be how to approach the learning at the PGDM/MBA program? I believe the greenhorns in the MBA has onerous responsibility to gather the information/Intelligence about the industry sector in which they wish to pursue their career, appreciate the Corporate profiles of the major players in global & domestic market and develop competencies to be approach a situation in a creative manner.
A student must select a broad sector of industry for intensive learning about its regulatory environment, business processes and the SWOT profile. It would be ideal if you focus on your domain as at the entry level there wouldn’t be much scope of work for a generalist executive. Gather all important data about the sector of your choice in general.
Follow it up with intensive study of major domestic & global players in the industry sector of your choice. Go to their websites, access the Company reports and rummage through their associations & trade bodies agenda. This would help you understand their strategic importance and nature.
Foremost you must be able to develop your creative abilities to the maximum. In the age of google, a smart executive need not bother about information availability as much as the ability to use that information in a creative manner to put together a new solution. A smart executive has to be more creative than the counterpart in the new post info revolution era.
Thats what i call ICC of management education in India.