Obtaining an MBA degree is something that many deem as special. Not all people are inclined to take up further professional studies in business mainly because they would rather hang on to their savings and get income as they pass by. But for companies that are suffering these days, a question thrown at me is on whether a masters degree holder in business can help turn things around.
Well, it depends. Ideas will be there and changes to certain systems as well. But support and blessings on the part of upper management is needed since words alone cannot do the job for business professionals. They are not supermen that can make a business flourish with the snap of a finger. There are steps and procedures that they use to point a venture in the right direction.
MBA graduates are merely captains steering a ship towards the proper course. Inflation today is like a wild wave of trouble where you have to decide on what coordinates to use to stir a business away from them. It is not easy. One person’s effort alone is not enough and to be able to ensure overall business safety, cooperation and support for such people is a big must.
The time element is also important. While deadlines are given, it would be surprising to see a business get back on its feet in a month’s time. There is a period needed to work on. While some people believe that it can be done, it is certainly not 100% fool proof as far as MBA graduated being able to help a business recover in trying times such as the economic crisis we are suffering to date.
Originally posted on July 25, 2008 @ 10:36 am