Free Essay

Mba Article for Students on Management

In: Business and Management

Submitted By shanya
Words 1295
Pages 6
Management tips: A productive meeting Dr. K. Kuhathasan CEO: Cenlead Whether the meeting is conducted electronically or conventionally, its success depends largely on how effective the leader is. If the leader is prepared and has selected the participants carefully, the meeting will generally be productive. The meeting leader is the person most responsible for keeping the ball rolling. If you're the leader, avoid being a dominator, but don't be so passive that you lose control of the group. If the discussion lags, call on those who have not been heard from. Pace the presentation and discussion so you will have time to complete the agenda. As time begins to run out, interrupt the discussion and summarize what has been accomplished. Another leadership task is either to arrange for someone to record the proceedings or to ask a participant to take notes during the meeting. As the leader, you are also expected to follow the agenda; participants have prepared for the meeting on the basis of the announced agenda. However, don't be rigid. Allow enough time for discussion and give people a chance to raise related issues. If you cut off discussion too quickly or limit the subject too narrowly, no real consensus can emerge. As the meeting gets under way, you will discover that some participants are too quiet, others too talkative. To draw out the shy types, ask for their input on issues that particularly pertain to them. You might say something like "Sunil, you've done a lot of work in this area. What do you think?" For the overly talkative, simply say that time is limited and others need to be heard from. The best meetings are those where everyone participates, so don't let one or two people dominate your meeting while others doodle on their notepads. As you move through your agenda, stop at the end of each item, summarize what you understand to be the feelings of the group and state the important points made during the discussion. At the conclusion of the meeting, tie up the loose ends. Either summarize the general conclusion of the group or list the suggestions. Wrapping things up ensures that all participants agree on the outcome and gives people a chance to clear up any misunderstandings. Before the meeting breaks up, briefly review who has agreed to do what by what date. As soon as possible after the meeting has taken place, the leader should give all the participants a copy of the minutes or notes showing recommended actions, schedules and responsibilities. The minutes will remind everyone of what place and provide a reference for future actions. It should contain the following: Decisions that were taken.

Who are responsible to implement those decisions. Target dates for implementing those decisions. Checklist for meetings A. Preparation * Determine the meeting's objectives * Work out an agenda that will achieve your objectives * Select participants * Determine the location and reserve a room * Arrange for light refreshment, if appropriate * Determine whether the lighting, ventilation, acoustics and temperature of the room are adequate. * Determine seating needs: chairs only or table and chairs B. Conduct * Begin and end the meeting on time * Control the meeting by following the agenda * Encourage full participation and either confront or ignore those who seem to be working at cross-purposes with the group. * Sum up decisions, actions and recommendations as you move through the agenda and restate main points at the end. C. Follow-up * Distribute notes or minutes on a timely basis. * Take the follow-up action agreed to. How to get more of business meetings 1. Set goals Develop a list of three to six overall goals. These goals must be oriented toward quality, sales, cost reduction and profits. 2. Think about specific questions you want answered. Develop a list of 10 to 50 pointed questions. 3. Meet everyone at the programe. Talk to them. Each participant has a specific area of expertise. Make a note of it. Start your own network. Exchange cards.

4. Develop an action plan and/or use the format provided in your workbook. Make a list of anything you want to consider doing differently when you get back on the job. This will take the fussiness out of your thinking and will give you tangible benefits. 5. Participate! Ask questions Make contributions. Comments. Be visible. You'll benefit in two ways. First, your mind will almost magically start working on information, problems, solutions. Second, the speaker and attendees will also contribute to finding answers for you. (Don't overdo it. Be relevant) 6. Make contact with the speakers personally (and early). They will think more of and about you. And it will be easier to follow up with problems after the program. 7. Take clear notes Not only will this be helpful for future reference, but the very act of taking good notes and organizing your thoughts will keep you more involved. Forget about rewriting them when you get back. You'll never do it! 8. Write a brief report based on your action plan and notes-one to three pages. And circulate it to anyone who might be interested. It will help them and you. Give them an opportunity to write back to you. 9. Hold a staff briefing with key personal when you get back. Refine your action and plan. 10. Enjoy yourself. You will learn more when you're thinking. Encouraging participation at meetings * Don't monopolize the discussion. * Don't show verbal or nonverbal disapproval of ideas, even if you disagree with it. * Ask open-ended questions to stimulate discussion. * Frame problems in positive terms. Don't ask if it's possible to achieve a goal. Ask "How can we achieve our goal?" * Identify the introverts in the group. Make a point of asking for their input. * Don't let extroverts monopolize the discussion. * Don't allow senior members of the group to dominate the discussion. * Use meeting procedures that require the participation of all group members. * Probe to find out what's bothering those who exhibit "hostile silence". * Rotate leadership. Guidelines for reaching consensus Before commencing the discussion to reach agreement, review the following guidelines with the team members. Give them a written copy of these guidelines so that any member can remind the others when they are off track in following them.

Before starting, get agreement that this process of reaching consensus will take more time than voting would. Agree that if you run out of time during this meeting, the discussion will continue at a later time. Use this method when the team already has proven that members respect and trust each other. Start with the attitude that different viewpoints are both natural and healthy to the team. Treat differences of opinion as indications that relevant information has not been shared adequately, so keep probing. Discard the notion that someone must "Win" and thus someone else must "lose". If an impasse occurs, look for the most acceptable alternative that both parties can live with. Each person will present his or her position as clearly and logically as possible. Do not argue over different positions. View quick agreement as weak. Explore the reasons underlying apparent agreement and make sure that members have agreed willingly. Make sure people don't change their minds just to avoid the conflict or to complete the process. Do not vote, negotiate, or flip coins, because these are different methods of reaching decisions. They do not lead to consensus. When you think the group or team has reached consensus, look each person in the eye and ask, "Can you live with this?" be sure to get a clear response. If the individuals says, "No", ask him or her to explain what aspect of the proposal or decision isn't acceptable. Keep discussing all points of view until everyone can truly live with it.…...

Similar Documents

Free Essay

Mba Student

...liable for any direct, indirect, incidental or consequential damages of any kind whatsoever to the subscribers / users / transmitters / distributors of this toolkit. The compendium shall not be reproduced in any form, other than those intended by DEA, without prior written permission from DEA. Contents 1 Overview 1 2. Snapshot Of Case Studies 2 3. Key Learnings 5 4. Case Study 1: Alandur Sewerage Project 15 5. Case Study 2: Karnataka Urban Water Supply Improvement Project 27 6. Case Study 3: Latur Water Supply Project 38 7. Case Study 4: Salt Lake Water Supply And Sewerage Network 50 8. Case Study 5: Timarpur Okhla Integrated Municipal Solid Waste Management Project 58 9. Case Study 6: Vadodara Halol Toll Road 68 10. Case Study 7: Tuni Anakapalli Annuity Road Project 76 11. Case Study 8: Delhi Gurgaon Expressway 82 12. Case Study 9: Nhava Sheva International Container Terminal 90 13. Case Study 10: Kakinada Deep Water Port 98 14. Case Study 11: Gangavaram Port 105 15. Case Study 12: Mumbai Metro 112 16. Case Study 13: Hyderabad Metro 121 17. Case Study 14: Bhiwandi Electricity Distribution Franchisee 130 18. Case Study 15: Amritsar Intercity Bus Terminal Project 139 19. Abbreviations and Acronyms 148 iii Public Private Partnership projects in India Compendium of Case......

Words: 73739 - Pages: 295

Premium Essay

Student Athletes Article Review

... A Conceptual Model of Academic Success for Student-Athletes Summary Student-athletes are a nontraditional group burdened with many demands and expectations. Collegiate sports are a popular mass commercial form of entertainment and generate millions of dollars. NCAA Division 1 sports generated 751 million dollars in revenue this year at the expense of student-athletes’ academic goals. Graduation rates for athletes are lower than traditional groups. Support services have not consistently or effectively enhanced learning and personal development of student-athletes. Analysis Athletes spend 40 hours a week on sport related activities decreasing time for academic pursuits and productive activities. This time is spent with other athletes and coaching staff which impairs personal development and social integration. The rigorous schedule leads to physical exhaustion and nagging injuries. This hampers attention to educational pursuits and goal attainment. Educational Importance Colleges and universities have a duty to provide the best educational experience possible for its students. Education should not take a backseat to sports on campuses across the country. Individual, multilevel, and culturally relevant curriculum and programs should be developed to promote personal, social, and academic success for student-athletes. These programs need to ensure that athletes can compete not just in sports but in life. Reference Comeaux, E. & Harrison, K. (2011). A......

Words: 444 - Pages: 2

Free Essay

Mba Student

...definite impact in the charity’s work. They wanted to feel that their donations were having a definite effect. Within this context then, the communication problems of a charity such as sight savers are twofold: On the one hand, the charity needs to make sure that it has a real presence in the public consciousness, and draw attention towards the urgency of the issues that it is concerned with. On the other hand, it needs to demonstrate to potential donors that their money is being used effectively to address these issues, and that a real impact is being made. A useful starting point for developing a strategy to address the communication issues of Sightsavers is the SMART approach. This approach has been developed as a tool for project management in order to set key goals and clearly outline objectives. According to the SMART approach, goals should be specific, measureable, attainable, relevant and timely. Taking the first of these criteria, Sightsavers needs to set out specific goals for its communication strategy. As outlined above, the goals for Sightsaver’s communication strategy are twofold. They need to have a higher visibility within the public domain, drawing attention to the urgency of the issues which they are dealing with. Then they also need to make sure that potential donators are aware of exactly how their money is being used, and what impact it is having. These two specific goals may be broken down into smaller constituent parts, on the basis of existing market......

Words: 2432 - Pages: 10

Premium Essay

Mba Articles

... MITSOB Placement Notice Sr. No. |Company Name |Profile |Spec. |Package |Location |Last Date for CV Submission |Web Site | |1 |MarketsandMarkets |Business Development Executive |Any postgraduate student with (60% and above in 10th , 12th & Graduation) No % criteria for PGDM / MBA |3.00 LPA + Variables 1 LPA (CTC 4 LPA) |Pune |12th December 2013 10.00 a.m. |http://www.marketsandmarkets.com/ | | | |Research Associate | |Fixed 3.20 LPA + Variables 30K (CTC 3.5 LPA) |Pune | | | | Date 11th December 2013 Interested & Eligible students need to send their details in attached excel sheet along with their CV on mitsob.cvsubmission@gmail.com by tomorrow, 12th December 2013, 10.00 a.m. You can contact Prof. Manoj Mehrotra for any query related to this company. NOTE- 1. Those who have earlier attended the selection process but not selected are not allowed to reappear. 2. Students who have earlier attended the PPT of the company but not participated in the selection process can apply for the same. Following are the Job specifications Education: Any postgraduate student with (60% and above in 10th, 12th & Graduation) No % criteria for PGDM / MBA. Experience: Fresher can also apply; experience in any of the domains relating to our research domain is an added advantage The Salary Details are mentioned below   ·         For the Business Development Role –3.00 LPA + Variables 1 LPA (CTC 4 LPA) ·         For Market Research Role- Fixed 3.20 LPA + Variables 30K (CTC 3.5 LPA) For All......

Words: 634 - Pages: 3

Premium Essay

Mba Student

...Risk and Insurance in International Trade AMB 302 ACeL Amity University Risk refers to a situation where outcome are uncertain. In other words risk occurs whenever there is a variation in the actual outcome and expected value. In Business if there is a variation between the actual and the expected value, business suffers a loss, therefore the term risk is also used to describe the expected losses or the variation from the actual outcome. Course Objectives: The course aims at making the students conversant with risk of cross border business (Trade, Investments and Long Term Projects) and the techniques available for mitigating those risks. The role of Insurers and the products and services offered by them would be gone in detail to equip the students with decisions making tools. Learning Outcomes: At the end of the course, the student will be able to: understand the concept of risk in business management learn various techniques available to assess and mitigate those risks develop strategic alternatives evaluate different kinds of risks and their impact on different areas Table of Contents Course Objectives: ........................................................................................................................................ 2 Learning Outcomes: ...................................................................................................................................... 2 Chapter 1: Concept of Risk ................................

Words: 11816 - Pages: 48

Premium Essay

Mba Student

...of the vital force to boost up the economy. In this project report I would like to draw a current scenario of Foreign Direct Investment in Bangladesh. In this regard I present the most updated data, avoid the uncompleted data and use the best judgment at the time of presenting the data to better knowing the current trend about the Foreign Direct Investment in Bangladesh. I prepared an overview of “Foreign Direct Investment in Bangladesh” based on secondary data and information. For this specific purpose I collected data and information from various sources like published materials such as the Bangladesh Economic Review, Different articles of Board of Investment (BOI) and Bangladesh Export Processing Zone (BEPZA), Daily Statement of Affairs of different Internet based publication and other books on Foreign Direct Investment in Bangladesh and articles related to Foreign Direct Investment in Bangladesh. I furnished the full contents of the report in eight chapters. I concentrated on arranging and putting the data in such a way that the report progressively anchors to a desired destination of understanding. Introduction Part-1 Investment has acquired considerable emotive force in any country. It is viewed as beneficial on employment creator-as it brings about economic development. It can termed capital flowing from a firm or individual within the country or in one country to a business or businesses in another country involving a share of at least 10%. So the significance of......

Words: 12979 - Pages: 52

Free Essay

Management & Mba

...Conscientiousness(C) and Dominance (D). My plan is to work with him to be more effective in respect people personalities as much as their accomplishments develop tolerance for conflict, specify feedback on performance objectives, and careful planning. These will help him to make quick decisions, compromise with opposition, delegate important tasks, encourage teamwork and initiate facilitate discussions. My target is to reach with him to goal-setting, “a theory that says that specific and difficult goals, with feedback, lead to higher performance” (Organizational Behavior, Fifteenth Edition, P213). Swhail had DISC assessment (I) Influence, (D) Dominance My Mentor plan for me is to work hard, to be more firm with others, participatory management, and to give more priorities to deadlines, Which will help objectivity in decisions – making And it will help me to seek points and to speak directly and to take logic approach. My Mentor’s goal is to reach with me to goal-setting theory “A theory that says that specific and difficult goals, with feedback, lead to higher performance. There is a point where my mentor and I disagree on. I do not think that we need to use rewards as motivation, however, my mentor thinks that the work of his organization in a country with bad conditions as Iraq pushes to use rewards to keep the employees working hard and to keep them Loyal, honest, sincere and to be affiliated with his organization. I think my mentor......

Words: 1347 - Pages: 6

Premium Essay

Mba Student

...product or service has been exchanged for cash, claims to cash, or an asset that is readily convertible to a known amount of cash or claims to cash. C) The entity has received an irrevocable order for goods or services. D) Cash has been received with an irrevocable order for goods or services. E) None of the above. 31. Activities included in a generally accepted definition of management accounting include: A) planning, organizing, controlling B) planning, operating, reporting C) preparing, operating, creating D) preparing, organizing, converting 32. The principal objective of a performance report is to: A) highlight activities that need management attention. B) direct blame to those managers who did not meet goals. C) provide a basis for rewarding effective managers. D) highlight budgets that have been incorrectly established. 33. Which of the following are qualified to express an auditor’s opinion about an entity’s financial statements? A) A Comptroller. B) A Certified Management Accountant. C) A Certified Internal Auditor. D) A Certified Public Accountant. E) None of the above. 34. The key data element on which the entire budget is based is the: A) sales/revenue forecast. B) income statement budget. C) cash budget. D) balance sheet forecast. 35. Cost accounting is a subset of which of the following? A) Internal auditing. ...

Words: 2802 - Pages: 12

Premium Essay

Management Article

...Introduction to Management Assignment What are the shortcomings of present day management education? How can they be removed? Management education as Master of Business Administration originated in late nineteenth century in USA when it industrialized and systematic approach to management was sought by most companies. In India management education started evolving with setting up of management institutes like IIMs and XLRI. Management education is now being also imparted by some of the engineering colleges in India. Management education has become a big and lucrative business. It has grown in USA from almost negligible 1322 MBA degrees being awarded in 1955-56 to 102,000 MBA degrees being awarded in 1997-98. But there are major problems associated with the way the management education is being taught and the content what is being taught. The major problem is that the curricula of business schools is seen as being too focused on analytics with little or no emphasis on problem finding and problem solving skills. It also lacks focus on integration of problem across various functional areas. It does not take the holistic picture into account. Another problem with the business education is that the research work done in most of the business schools is far away from the realty. The work does not address the challenges being faced by various business organizations across the world in day to day management. Another major challenge facing the management education today is......

Words: 728 - Pages: 3

Premium Essay

Mba Incoming Student Assignment

...To: Incoming MBA Students, 2015 Full-Time Program (0101 and 0201) From: Professor Rebecca Hann Faculty Coordinator for BUSI 610: Introduction to Financial Accounting Re: Pre-term Course from Harvard Business School Publishing Date: June 3, 2015 BUSI 610, Introduction to Financial Accounting, is one of the Core courses that you will take in Fall 2015. This course is designed to help you become an informed user of financial statements. Given the duration of the term, we will be moving at a fairly rapid pace. The course will begin with a brief overview of the fundamentals of accounting (key accounting concepts, the accounting process, and the principal financial statements) and then move on to study in greater depth the various elements of financial statements. At the end of the course, I expect you will have a good understanding of a company’s financial statements—be familiar with the process of preparing the statements as well as the ability to interpret and analyze financial data for economic decision making. To do well in the course, you need to have a solid understanding of the fundamental elements of accounting; the remainder of the course will otherwise prove to be difficult. To help you better prepare for the course, you are required to take an on-line web-based course from Harvard Business School Publishing titled Financial Accounting: An Introductory Online Course (FA). This requirement is intended to ensure that all students have a common......

Words: 1218 - Pages: 5

Free Essay

Mba Student

...Essential Question: What are some characteristics that make up a living thing, how can you identify if something is living or nonliving? Standard: S5l3. Students will diagram and label parts of various cells (plant, animal, single-celled, multi-celled) a. Use magnifiers such as microscopes or hand lenses to observe cells and their structure. b. Identify parts of a plant cell (membrane, wall, cytoplasm, nucleus, chloroplasts) and of an animal cell (membrane, cytoplasm, and nucleus) and determine the function of the parts. c. Explain how cells in multi-celled organisms are similar and different in structure and function to single-celled organisms. Objective: Student will be able to identify the parts of an animal and plant cell and will also be able to discuss the five major characteristics of a living thing. Lesson Agenda Warm- Up: Exercise routine along with a song.: I WILL DO THIS Mini Interactive Lesson: Basic Parts of a Plant Cell word search and PowerPoint Presentation: I WILL DO THIS Independent Work: Worksheet that requires color coordinating various parts in labeling the animal cell.: I WILL DO THIS Small Group work: In groups of three the students will develop a creative writing including the parts of a cell.: YOU WILL DO THIS….Just basically come up with a worksheet or a small group assignment that the students can work together on in groups. Whole Class Share Session: Label the Animal and Plant Cell Parts: YOU WILL DO THIS. Come up with an......

Words: 380 - Pages: 2

Premium Essay

Senior Management Resume for Mba

...mbaadmissiongurus.com Mobile: +91 ########## ~ Phone: +91 ########## ~ Email: abc@gmail.com SENIOR MANAGEMENT EXECUTIVE Senior professional with consistent success in achieving revenue, profit and business growth objectives, within turn around environments in financial services industry. Highly successful in building relationship with senior decision makers, leading and motivating teams and managing Profit & Loss (P&L) for business divisions. Proven ability in driving new business through key accounts, establishing strategic partnerships and complex, multi-channel relationships to increase channel revenue. Capabilities in - Wealth Management - Profit Centre Operations - Customer Relationship Management - Business Development - Product Management - Marketing/Brand Management - Legal Business Issues - Channel Management - People Management Career Highlights ABC1 Inc. Aug.’06 till date The ABC1 Inc. - Asset Management Company is among the top ten asset managers in India. Launched in April 2006, ABC1 Inc. Portfolio Management Services (PMS) caters to the unique needs of enterprises and High Networth Individuals. Vice President - (Portfolio Management Services)  Distinction of establishing the PMS business and increasing assets under management to US$ 250 Million, a ten fold increase within one year of......

Words: 1025 - Pages: 5

Premium Essay

Mba Student

...America inflation is worryingly low, and slipping. And, unlike Japan, which has a homogenous, stoic society, the euro area cannot hang together through years of economic sclerosis and falling prices. As debt burdens soar from Italy to Greece, investors will take fright, populist politicians will gain ground, and—sooner rather than later—the euro will collapse. This parrot has ceased to be Although many Europeans, especially the Germans, have been brought up to fear inflation, deflation can be still more savage (see article). If people and firms expect prices to fall, they stop spending, and as demand sinks, loan defaults rise. That was what happened in the Great Depression, with especially dire consequences in Germany in the early 1930s. So it is worrying that, of the 46 countries whose central banks target inflation, 30 are below their target. Some price falls are welcome. Tumbling oil prices, in particular, have given consumers’ incomes a boost (see article). But slowing prices and stagnant wages owe more to weak demand in the economy and roughly 45m workers are jobless in the rich OECD countries. Investors are starting to expect lower inflation even in economies, such as America’s, that are growing at reasonable rates. Worse, short-term interest rates are close to zero in many economies, so central banks cannot cut them to boost spending. The only ammunition comes from quantitative easing and other forms of printing money. The global lowflation threat is a good......

Words: 2165 - Pages: 9

Premium Essay

Mba Student

...Course Description: This course considers the operational and strategic planning issues confronting managers in marketing. Topics include buyer behavior, market segmentation, product selection and development, pricing, distribution, promotion, market research, and international and multicultural marketing. Prerequisites: MBA 525 Textbook: Winer, R. S. and Dhar, R. (2011). Marketing management (4th ed.). Boston, MA: Pearson Prentice Hall. ISBN# 978-0-13-607489-2. eBook with print upgrade option and Interpretive PharmaSim Simulation access – ISBN: 978-1-269-75837-6 You will access the eBook via a link in the Course Home menu, where you can purchase the print upgrade option. Follow the instructions on your PharmaSim access card to register and access the simulation. Learning Outcomes: The student, upon fulfillment of the requirements of the course, should be able to: 1. Identify and explain the highly complex interrelationships among the business environment factors (both controllable and uncontrollable), the strategic marketing Learning Outcomes: The student, upon fulfillment of the requirements of the course, should be able to: 1. Identify and explain the highly complex interrelationships among the business environment factors (both controllable and uncontrollable), the strategic marketing variables, and the target market. 2. Design and implement a successful marketing strategy for a commercial, governmental, and/or non-profit organization. 3.......

Words: 282 - Pages: 2

Premium Essay

Mba Student

...1 Strategic Management Strategic management involves the formulation and implementation of the major goals and initiatives taken by a company’s top management on behalf of owners, based on consideration of resources and an assessment of internal and external environments in which the organization competes. The Process of Strategic management The process of strategic management are 1. Environmental analysis 2. Formulation analysis 3. Implementation 4. Evaluation Environmental Analysis Environmental analysis is the main stage for gaining information and data to grow business. We analyze internal and external data influencing goal and get relevant vision for organization. By doing analysis, we can know who is our organization’ competitor. We can use the PESTEL analysis and SWOT analysis as a tool. We can focus on understanding the need of the organization and get more idea to run the business. Formulation After completing analysis, the information and data is reviewed by strategy formulation. For reaching defined goal and objective, we determine what resources has currently in business. After accomplishing analysis, managers formulate corporate, business and functional strategy. Formulation set policies, task, strategic planning. SWOT analysis is identified to improve weakness, to overcome strength, to get the way for organization from strength and weakness. Implementation Strategy implementation is the action stage of the strategy management process.......

Words: 620 - Pages: 3