Career Development Centre (CDC) > Be a Business man/woman

Peter F Drucker

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shibli:

Someone once said that you have two choices as a new day unfolds: you may look at it with anxiety or you may look forward to it with faith. To paraphrase management guru Peter F Drucker : the best way to predict the future is to create it!

Shamim Ansary:
''Shallow men believe in luck, wise and strong men in cause and effect"

.....EMERSON

shibli:

Before completing MBA, i myself thought that Finance is all about maximizing profit; but after completing MBA, I could understand Finance is all about playing with money; it is about cost minimization and wealth maximization. There is huge difference between profit maximization and wealth maximization?

Before doing MBA, i thought, Marketing is about selling and advertising; but after doing MBA, i understood, marketing is all about identifying customers' needs and wants and delivering value up to their satisfaction and building profitable relationship with them.  Before doing MBA i thought, Management is about getting things done by others, but after completing MBA, i understood, Management is about planning, organizing, controlling, leading and stuffing and finally doing things rightly.

“Supplying knowledge to find out how existing knowledge can best be applied to produce results is, in effect, what we mean by management. But knowledge is now also being applied systematically and purposefully to determine what new knowledge is needed, whether it is feasible, and what has to be done to make knowledge effective. It is being applied, in other words, to systematic innovation.” (Drucker, 1993).

However, some of us have done and are doing MBA here. That is very good. I think everybody here in DIU should do MBA. Otherwise, their idea about business would be totally vague and incomplete. They will truly lack in business-knowledge.

shibli:
Dear all

Those(graduates) who have not completed MBA yet should do it immediately.  It's now or never.

shibli:
Qualities and skills of a good manager
 
Qualities make a person perfect. To be a good or successful manager,s/he needs some good qualities and skills.
 
Successes are not magic. The success of a manager comes from wide variety of qualities and skills. The manager must have the sound educational background. Because we know education develops our mind and the range of knowledge. So the manager must have the sound health. The person of weak health can’t work hard. Now we can discuss on the skill of a manager. Skill is the ability to use knowledge, behavior and aptitude to perform a task. Manager needs many skills to perform their duties. For example the technical skill. It is the knowledge of proficiency in activities involving methods, process and procedure. Secondly the human skill. It means the ability to work with different types of people. Thirdly conceptual skill. It is the ability to organize and integrate information to better understand the organization. Next design skill. This skill means the ability to solve the problems in ways that will benefit the company. And lastly the decision making skill and the time management skill.
 
In conclusion we can understand that a manager needs the above qualities and skills to perform their duties and responsibilities.

This is an assignment done by one of my students

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