Democratising Strategy

Pizzaisation of Management Education
Tragedy of Treating Students as Customers!

Globally, for last few decades there is a big question mark on the real value addition by MBA degree holders! Questions are asked even on the MBA degree itself. Business schools are making efforts to add more value to the MBA program and to the MBA students. To balance it out, many MNCs are hiring non-MBAs as well.

The scene is not different in India. Infact it is much worse in India as many companies after hiring MBAs are realizing the lack of right knowledge and skills and on top of that a strange attitude or entitlement desired because of having an MBA tag!

This is a serious issue and business schools and MBA students need to look into it seriously for their own long term interests. A MBA degree is of no use or good, if it can’t add value at the end of the day.

The strategic humour story “Pizzaisation of Management Education: Tragedy of Treating Students as Customers!” shares the tragedy of treating students as customers in some management schools and interesting attitude of some MBA students!

Here, have a look!

 

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Democratising Strategy

Vision and Mission Statements
The Funny Business of New Year Resolutions!

It has become trendy to have written vision and mission statements in increasing number of organizations in India. This is a good development as it provides clarity, motivation and a direction to your people and also conveys a message to other stakeholders.

However there are many problems as observed in many organizations, particularly in the Indian context. One major problem is the written vision and mission statements are too long and trying to say too many things e.g. look at the vision or mission statement of any public sector unit. In majority of the cases, the statements are too long sometimes running into more than one page.

For this problem, one solution is to look at your vision and mission statements as your elevator speech i.e. they should be brief and memorable but convey the essence. The details of how you are going to achieve should be left to the detailed strategy document.

The strategic humour story “Vision and Mission Statements: The Funny Business of New Year Resolutions!” shares the right approach for vision and mission statements in the organizations.

Here, have a look!

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