Does An MBA Degree Make Sense retail rajnish kumar itc

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Information about Does An MBA Degree Make Sense retail rajnish kumar itc
Business & Mgmt

Published on February 22, 2009

Author: rajnishkumar71

Source: slideshare.net

Consider the following facts : The biggest and best business men do not have an MBA degree Rockfeller, Sam Walton ,Warren Buffet, Ingmar Kamprag(IKEA),Richard Branson and closer home Dhirubhai Ambani,GM Rao,Kishore Biyani …..the list is just endless.The point is that while you may find a lot of mediocre managers and small business men having a degree in Business Management most of the big guys would not have bothered to spend time on such a wasteful academic pursuit. We did a small test in the office too while most could recollect names of business men who were not MBA’s we had to really struggle to get a few names of those who were.We were also not sure whether they really did an MBA or they got an honorary degree.These names came up during the discussion. .Take the recent example of Indian railways.I am sure that the analysts from fancy consulting firms would have filled reports after reports weeping about what is wrong with this century old largest employer in the world.They would have wasted hours of power points suggesting every damn trick in the book quoting from all possible gurus and case studies.But what was the result ? Zero as usual. Enter Mr Lalu Prasad Yadav and the railways is turned around in 4 qtrs ( as the management guys would say).Nothing great just plain common sense and a will to act.Now the same institutes are falling over each other to learn management from the  Bihari whom they mocked at every opportunity.How rediculous ?They are not even ashamed of the fact that it is slap on their face. Till last year the most coveted job on the campus were the i banks till the greedy pigs of wall street brought the whole world’s economy on the verge of collapse parking their bums on Ferrari’s in the process.What they could have figured out was that their own brethren will be out of jobs and it will make the investment(the word feels laughable)banks  extinct from campuses for a long time to come. Please visit my Blog at www.aahang.wordpress.com for the full story Does an MBA degree make sense ?

Consider the following facts :

The biggest and best business men do not have an MBA degree Rockfeller, Sam Walton ,Warren Buffet, Ingmar Kamprag(IKEA),Richard Branson and closer home Dhirubhai Ambani,GM Rao,Kishore Biyani …..the list is just endless.The point is that while you may find a lot of mediocre managers and small business men having a degree in Business Management most of the big guys would not have bothered to spend time on such a wasteful academic pursuit.

We did a small test in the office too while most could recollect names of business men who were not MBA’s we had to really struggle to get a few names of those who were.We were also not sure whether they really did an MBA or they got an honorary degree.These names came up during the discussion.

.Take the recent example of Indian railways.I am sure that the analysts from fancy consulting firms would have filled reports after reports weeping about what is wrong with this century old largest employer in the world.They would have wasted hours of power points suggesting every damn trick in the book quoting from all possible gurus and case studies.But what was the result ? Zero as usual.

Enter Mr Lalu Prasad Yadav and the railways is turned around in 4 qtrs ( as the management guys would say).Nothing great just plain common sense and a will to act.Now the same institutes are falling over each other to learn management from the  Bihari whom they mocked at every opportunity.How rediculous ?They are not even ashamed of the fact that it is slap on their face.

Till last year the most coveted job on the campus were the i banks till the greedy pigs of wall street brought the whole world’s economy on the verge of collapse parking their bums on Ferrari’s in the process.What they could have figured out was that their own brethren will be out of jobs and it will make the investment(the word feels laughable)banks  extinct from campuses for a long time to come.

Please visit my Blog at www.aahang.wordpress.com for the full story

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