Showing posts with label Management. Show all posts
Showing posts with label Management. Show all posts

Tuesday, January 27, 2009

Views of Management Study


I am always fascinated by the term management. Is it because my brother was pursuing an MBA or something else ? Am yet to figure out. My brother has been an inspiration for me all along my life. Anything he does fascinates me.

So even i went on to pursue my management degree. So came across a lot of cases. all basically inclined towards the American market. As most of the authors were Americans we had to learn about their cases. Many times i have questioned myself why am i really pursuing a management degree ... and still thinking

I was really happy that when i came out i could really relate some of it to my everyday job.
Like for eg we studied about mergers and acquisition.
I experienced it in my company which got acquired by an bigger company. Integrations issues, change management etcc ...

India companies reaching out to buy foreign firms just beleiving that the stock markets will help them.... but all of it is topsy turvy now. Now the companies are bleeding to recover the money over spent on acquisitons and

When it comes to finance we learnt about mortgages, futures and a lot more about the share market ( Ups and downs) . There is something called a " Circuit break" , which is very rare and comes only if share market rapidly plunges. .. BUt i was fortunate enought to witness it when it happened for real in Indian Share market ..... Unfortunate for the investors though ...

The whole world is talking about the mortgage industry , which many beleive as the root cause for the global crisis.

One final thing which I woul like to add is

All the cases which was termed as successs stories are turning to be a failure story now
Whole America is in the biggest recession, so does that mean whatever management they teach
with their cases is wrong. Is the marketing strategy not working......... was there not a disaster recovery plan ..... all the management books has to be rewritten ??? all financial instruments invented is now holding their neck ?????

Is there a lack of strong fundamentals ??????

So will the new Obama management find its way into books for good or bad reasons ... lets wait and watch.. It is going to be the greatest case study for Management education .....