Oct 3, 2013

About Part Time MBA

Although the full-time MBA is the preferred study for most people who are considering a business education , part-time MBA method is often much more convenient.
After all, the obligation to leave a job you might like , and even to leave the region or country in which you are not to the taste of everyone , especially those with family , friends and roots in a region .

Why study an MBA part-time?
There is the need to stay in work and his way through an MBA attracts a part of the candidates to pay part-time MBA .

There are a large number of people to pay for one reason or another, are unwilling or unable , the fee in advance of a program of full-time MBA . For those who remain in the workplace is the only viable option.

Today's top business schools offering MBA courses part-time well-organized , the elders have the same qualifications as the full-time MBA .

In the modern business environment has seen an increase in interest rates , the option part looking for QA time . Because not everyone wants to be or is able to leave their secure jobs at this time , given the associated risks are clear.

Professor Susan Miller , director of MBA studies at Hull University Business School , said: " In the current climate , many people who have a job , not for the uncertainty finish their work for a qualification, who are willing , even at international professional development as recognized means holds no specific job at the end . "
To answer this , the best business schools are now very viable MBA courses part-time.
It may take after work, on weekends , during the holidays and are very high requirements on students . After all , balancing the rigors of work, family and social life to full-time are perfectly adequate for most people, so the addition of a very demanding MBA program at the top is a big challenge.

What disadvantages of part-time MBA?
Obviously, students full-time MBA have the advantage of immersion in the program , as well as constant and daily exposure to teachers and other students on the course. It also allows a little further , a few steps from the workplace for the thoughts and feelings of the students about how his career developed to evaluate further.

For part - timer networking opportunities are difficult , even if the students always get to meet, discuss , discuss business and make lasting friendships . It is obvious that these opportunities will be more problematic in the development of networks , as they would be on a full-time program , however.

Despite all the drawbacks to offer the best business schools part-time MBA courses that are just as rigorous as their academic cousins ​​full time.

The MBA is the same, you have not brought the letter and the prestige of the name of the school in touch with you , you can still learn a huge amount of information and to learn how to juggle the need for work full-time MBA and personal life.

Although networking , it will take much more effort, the benefits of a part-time MBA longer outweigh the negatives . Our recommendation is to talk to as many students as possible and how they completed the course . This type of insider information is priceless.

Oct 2, 2013

Emotions and Decision-Making Processes in Management

Group decision remains of the utmost importance for organizations to work group members , large and small , but what emotions run together and how such an emotional impact on decisions? In this research , more than 100 managers from three multinational organizations , all of which had been placed in an environment that make the decisions of high- level management , have been studied to the emotions that influence that affects the determined group dynamics and how these emotions have contributed to the overall result .

Feelings are rarely studied in relation to the decision-making group. But as a team , a variety of emotions are evident and influence decision-making . Using data from 20 simulated firms a total of 106 managers, run attend the training programs for management , current research has examined how four classes of emotions - the realization approach , resignation and antagonists - were associated with team decision-making process ( alternative generation and evaluation replacement ) and team cohesion . The results showed that over time consistently intense levels of performance that approach and antagonistic feelings were negative stand on the process of collective decision-making in context. Feelings of resignation , not the high intensity in this research were reported showed a positive relationship to team cohesion .

Emotions influence decision-making processes and the relationships between individuals: negotiator with a high degree of anger not only achieve less frequent profits, but also the impact on the willingness of partners to work together in the future. However, anger is not the only emotion that the policy may occur. Despite recent efforts to investigate the various forms of collective emotions and their influence on organizational processes , has very little empirical work on the collective emotions were carried out in relation to the decision-making team . The purpose of my study was to address some of these gaps in organizational research and investigate the extent to which emotions are making in the management team related. I examined alternative generation and alternative evaluation and team building - a process in which members of the group makes the team while enjoying teamwork are required .

The use of teams in organizations become more widespread decisions increasingly require strategic decision making team , given the high stakes . Nevertheless, the advantages and disadvantages of team decision-making must be considered. To be taken by the teams thought to beneficial for at least two reasons: the pooling of knowledge , expertise and skills and commitment of the team and its decisions (ie, team building ) . First, the sharing of knowledge , skills and know- how is essential for the quality of decisions made ​​by the teams. Secondly, it was argued that the team members have a greater tendency to support the decisions of the group if they have attended , and listened to , and strengthening the commitment to present and future decisions. These decisions are taken and accepted by all members , have a better chance of successfully implemented.

However, the advantages become disadvantages . The variety of perspectives , skills, experiences, opinions and situation should be integrated , leading to dissent , disagreements or conflicts between team members . Although the conflict itself should help the quality of decisions , it can be harmful , especially if the members of the group to engage in conflicts that will be taken personally . Members of the team are faced with uncertainty and ambiguity , which can be a source of stress . In turn , stress and autocratic leadership in a group , the highly cohesive invulnerable , a history of " ideas " (ie - bad decision ) provide that feels . The group unanimously on a realistic assessment of the preferred alternative and currently suffering a deterioration of mental efficiency , reality testing , and moral judgment.
Despite these potential drawbacks , the decision-making group is one of the most important aspects of the group's performance . The processes are usually the collection and dissemination of information , the creation and identification of policy options , the choice of these solutions through the integration of different views of the members , and the implementation of decisions .

The focus of my research is observed strategic decisions in a naturalistic decision making framework . It is characterized by ill- structured problems , uncertainty , dynamics, motion competing goals , time stress, high stakes , multiple players and organizational goals and / or standards. A strategic decision is defined as the important decision in dealing with complex and ambiguous questions and requires a significant commitment of resources the organization. The complexity and ambiguity a strategic decision is too overwhelming to handle usually for one person, the strategic issues are often run by management teams. Interestingly, most of the 20 selected self-managed teams called their decisions most frequently in the study of an arbitrator 's CEO .

Two main processes of decision-making were identified: ( a) the production of alternatives that focus more on the creative process , and (b ) the evaluation of alternatives , the decision- analytic dimension . A group method was chosen , namely the cohesion of the team , contributing to the acceptance and commitment to the decision by all team members .

The study participants were 106 managers from three multinational organizations. They were selected by their management to participate in leadership development seminars. A total of 20 nationalities were represented. Heterogeneous teams , which have been shown to make better decisions when it comes to non-routine and complex problems that arose before the seminar started . The team members work in self-managed team and acts as the Board of the company , they have to manage the business simulation . It was an important part of learning seminar in which the decision-making were investigated.

The simulation was used in this study designed to see the participants , the integration of different functions and capabilities to manage a multinational organization. It is a complex simulation , the large investment needed to deal with multiple inputs , unforeseen events, and competing groups actionable strategies. Simulations have been identified as effective and important in the development of leaders , because they . A viable and cost-effective way to create realistic management, but can not develop threatening situations The participants reported on their feelings at the beginning ( B) , medium ( M) and end (E) of each decision period (see Figure 1).

The results of my research consistently found that intense levels of performance that approach and antagonistic feelings were consistently negative to a process of group decision-making over time together . More specifically , the intense feelings of power were negatively related to the evaluation of alternatives. These results indicate that intense feelings of joy and pride ( two examples of success emotions) can contribute to the morale of the team , but not to make them more efficient and / or effective in their decisions. I observed in the simulation that some teams to stay " high" to the emotions of success showed the characteristic behaviors of complacency and over- confidence typical tendency for these emotions. But in the early stages of the simulation , in which it can be assumed that the momentum built , the intense feelings of power were positively associated with the evaluation of alternatives . Accompanied over time , the combination (ie, maximum intensity for emotion consensus group) developed from increased complexity of the task of a strong excitement , there was a negative relationship between emotions and success evaluation of alternatives .

The relationship between the intense emotions of the approach and team building, a team process was negative. Emotional approach to supporting group work, where they strengthen the connections between people . Team members feel emotions approach mobilized to move forward , and not only committed to the task, but also to work together. However, the approach can lead to emotions scattered attention , or vice versa , to avoid undue concentration and unrealistic goals . Thus, a high intensity of emotions approach to avoid goal conflicts between team members , which in turn result in a negative impact on team cohesion .

Resignation emotions were positively related to alternative production. Fear ( an example of a sense of resignation ) improves the adaptation , because it can be made ​​perceptive to useful signals from the surroundings, and less risk individuals. A low level of anxiety can be beneficial to the production of replacement , as the team will need to find new solutions and new ideas to improve their performance. The type of anxiety used in this situation, the fear of appearing less competent than their peers to be. The shame and guilt ( two emotions withdrawal) and behavioral consequences that support these conclusions . Shame leads to improvement and promotes the prevention of incompetence , guilt contributes to constructive efforts . These properties appear with the activity to generate additional alternatives to better cope with the increasing complexity of the task of decision making.

Conflicting emotions were negatively related to the evaluation of alternatives. Based on strategic decision-making literature, the dichotomy between cognitive and emotional conflict conflict on the fact that anger adversely leads to interpersonal conflict (conflict or emotional) , which in turn affects decision making. Anger inhibits review of all opposing views and decisions.

The results of this study have quite consistently shown that intense levels of emotion , regardless of their positive or negative appeared detrimental to the process of collective decision-making , additional support to the large amount of literature that considers emotion as an inhibitor rather than a facilitator of decision making. I suggest that this research began to find curvilinear relationships between the processes of emotion and decision making, it is a little scary with a lot of anxiety can not , with a bit of pride , a lot of pride can not , etc.. There is no simple dichotomy between good and bad influences affect / mood / emotion. The challenge remains for the future to study the influence of emotions on the actual results of the decision , because it is probably one of the most frequently asked questions when it comes to real consequences of this study.


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