Jul 12, 2011

MBA Sponsorship and its Advantages

The various advantages, the company sponsoring the MBA by MBA students can benefit from are endless. Here we describe some of these benefits. Each year, employers offer sponsorship to MBA students about two-thirds of part-time MBA and a small number of students in full-time MBA.

This sponsorship MBA can take different forms: either the full or partial payment of tuition fees of the MBA program, or it may be in kind, such as study time allowance. 
  • MBA sponsorship will give managers with the tools of strategic analysis, have to enhance capacity within the organization to a long-term perspective on specific MBA students.
  • Like all MBA programs can be illustrative examples from all sectors of the economy, sponsorship of MBA offer the employees / managers, and the whole organization, in turn, with the broader knowledge base.
  • Sponsorship of MBA offers students the opportunity to be part of an international network of alumni to foster valuable contacts for the future.
  • The MBA program consists of a curriculum of learning materials that the theories and concepts, and later established international cross-industry research included, they will eventually all be reinvested in the company.
  • Part of the MBA program includes a requirement for students to submit a brief. These memories can take many forms, including a report of style or business plan. Sponsorship of MBA can often mean that the company that sponsors full right to have such a thesis will no doubt cause the company money quantify savings than the experts, the cost can be implemented, often more than the total cost of sponsoring the entire course of study MBA.
  • Sponsorship of MBA students are offered a direct impact on the organization if the students do their work on the basis of the Kingdom of the sponsor, the know-how in the electives in the MBA program.

MBA Ranking 2011

U. S. News Media Group issued in 2011, Americas Best Graduate Schools rankings, both attended Harvard University (MA) and Stanford University (California) won the first place. Yale School of Management has a place in the 11 (from 10th place ranking in the 2010 Business School).

MIT Sloan School of Management is in the top 3 (two seats in the fifth form last year) evaluated. It is also No. 1 in a series of rankings of specialty include: Information Systems, Production / Operations and Supply Chain / Logistics.

University of Pennsylvania Wharton School fell two places to No. 5 this year. Executive MBA and Finance: It is also No. 1 for the specialties of the place.

Northwestern Kellogg School of Management has a place to fourth nationally and is No. 1 for the following specialties rated: Marketing and Part-Time MBA.

The Top 15 MBA programs are:

1. Harvard Business School
1. Stanford Graduate School of Business
3. MIT Sloan
4. Kellogg / Northwestern
5. Chicago / Booth
5. Wharton / UPENN
7. Tuck / Dartmouth
7. Haas / Berkeley
9. Columbia Business School
9. NYU / Stern
11. Yale SOM
12. Ross / Michigan
13. Darden / UVA
14. Fuqua / Duke
15. Anderson / UCLA

Source: U.S. News & World Report

Jul 2, 2011

MBA Notes: Strategic Management

Benefits of Strategic Management
The main advantages of strategic management has developed better strategies by aid agencies nor systematic, logical and realistic policy options.

Strategic Management offers the following financial and non financial:

Financial benefits of strategic management
First Study shows organizations, strategic management principles tend to be better rewarded than comparing productively with those who do not.

Second most powerful organizations tend to prepare for the implementation of strategic planning for future deviations in the external and internal environment. Companies with strategic planning have excellent long-term effectiveness in line with its monetary sector.

Non-financial benefits of strategic management
To avoid the first addition to the support of the destruction of corporate money, the strategic management of real additional benefits, including increased understanding of external threats, a better understanding of the strengths of competitors, improve employee productivity decreased resistance to change, and with a clear understanding of performance and rewarding relationships.

Second addition to strengthening management and employees, strategic management is often helpful to bring order and discipline to an organization.

Need and importance of strategic management
Why we need strategic management and why is it important? Strategic management is important for the following reasons:

Due to the rapidly changing business environment: In a rapidly changing environment, strategy formulation should be regarded as a continuous process of learning.

Provides guidance: Strategic Management sets guidelines for help and support for development, and provides a base from which progress can be measured.

Systematize the decision: Strategic management helps to systematize an organization's strategic decisions and actions.

Research and development: the strategic management process allows cross-functional approach to the management of R & D to ensure that the public R & D decisions and plans must be integrated and coordinated between the various departments.

Resource allocation: Strategic Management promotes an efficient allocation of resources to the business units.

Developed communication and coordination

Helps managers a holistic approach

Strategic Management and its objectives

Strategic management is the art and science of formulation, implementation and evaluation of various operational decisions that the organization can achieve its objective described.

Concept of strategy
The term "strategy" is acquired form the Greek word "Strategos" general sense. A plan or process or set of decision rules or makes an arrangement to create a common thread.

Strategic management is the process of strategy formulation, implementation, evaluation and control to achieve the strategic goal of organizations are defined.

The main objective of strategic management is to explore and new opportunities for the future in planning experiments to optimize long-term trends of tomorrow.

The main objective of strategic management is to explore and create new opportunities for future planning any long-term attempts to maximize the trends of tomorrow.


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