So much for one of the historic benefits.
The other benefits of traditional MBAs have perhaps been less affected by time. The confidence of knowing that you are as familiar with concepts as those trying to ‘blind you with jargon’ is as valid as ever, as is the ability to be constructively critical brother cell phone list of consultants or others purveying ‘solutions’ to management problems.
It is still important to be able to use management tools and techniques – from a basic spreadsheet to a sophisticated knowledge management tool – to communicate clearly, whether in writing or when making presentations, and to analyse a problem thoroughly before suggesting a solution. Understanding the basic functions in an organisation and the main features in the environment that impact upon it is still vital for effective strategic management. Exposure to the latest thinking in management will always be an asset.
But added to these,
You are likely to develop your teamworking skills, to gain an understanding of why people in organisations behave as they do, and to become more aware of the problems stress can cause. You will be far better able to understand and respond effectively to the uncertainty and complexity that is a feature of organisational life in the Vanderbilt television news archive times of rapid change.
You may well have developed your own creativity. Above all, you will be able to stand back from situations and ‘make sense of them’ in a range of different ways, reflecting different perspectives. What is more, you will learn from these ‘conceptual experiments’ reflecting your capacity to respond to future situations.
But an appropriate MBA still offers managers career and personal benefits that are likely to far outweigh any financial and personal costs.
To gain these benefits,
you will need to choose your course carefully. It will need to be suited to your particular needs, and offered by a respected institution. Be aero leads warned – gaining a reputable MBA will be hard work. Beware too that it may also become addictive, and may change your life and your career in ways that you cannot envisage at the outset!