Saturday, January 24, 2009

MBA OUTSOURCING MANAGEMENT!

MBA OUTSOURCING MANAGEMENTBusiness schools are turning to a new kind of curriculum.Its called outsourcing.Outsourcing is the term used for outsource any white coloured job to a country which has lower labour cost.Many MBA students from Indiana’s Kelly business school are travelling within India to learn and research outsourcing management.America is outsourcing white coloured jobs to countries like India where they are completed at a much lower cost as compared to USA.
President Obama has repeatedly emphasized that he will do his level best to retain these white coloured jobs in USA.This is his plan of controlling mass unemployment in USA.Business schools in America are increasingly bringing major changes to their curriculum.Executive MBA in outsourcing management is hot topic now days.Some business schools may even offer online MBA in outsourcing management technology.
America is shifting thousands of jobs overseas in order to curb cost and increase profits.Around 15 billion US$ is payed to countries like India and Philippines for completing outsourcing jobs. Other business schools besides Indiana are offering courses or other instruction in offshore outsourcing, and students are signing up in an effort to add to their managerial tool kits.
Other M.B.A. programs, like those at Cornell, Stanford and Bentley College, also offer looks at offshore outsourcing. Bentley, in Waltham, Mass., just began a course called ''I.T. Off shoring,'' to be followed by a 14-day trip to India. Is off shoring the next booming industry in USA after IT and Finance.Its very likely that Stanford and Tuck school of business might jump into MBA in outsourcing bandwagon.Even the top business schools find it hard to ignore outsourcing as a subject.India is the top outsourcing hub followed by China and Philippines.India leads in service industry due to its huge pool of English speaking youngsters.
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Sunday, January 4, 2009

IS EXECUTIVE MBA DEAD!

eMBA BUSINESS SCHOOLS MBAThe eMBA also referred to as Executive MBA is actually a business management programme aimed at developing the skills of executives and managers who are already working in an organisation.However eMBA can only benefit those who have stagnated over the years or find some kind of barrier in clear thinking and execution of ideas.Business is a bird which can only fly if it has wings made of ideas.The current financial crisis shows that even graduate business schools should change their programmes to suit the changes taking place in the World.Wall street went down in spite of the fact that their were many highly qualified MBA graduates who failed to see the loopholes.So.I question the very existence of such programmes which cost a fortune and don’t do much to bring in new ideas.History shows that people who brought new ideas were dropouts from Colleges, and Business MBA programmes.MBA schools worked more like a recruiting agency rather than focusing on research and development .In my opinion even the costliest MBA schools like Harvard and Wharton failed in developing skills.More emphasis was paid on dressing expensively and showoff rather than core skill development.Instead of teaching corporate culture these MBA or eMBA programmes should teach core skills like executing an idea or technology based skills.It brings me to the core topic that MBA is a thing of the past now.It was very evident on the day when GM executives came to ask auto bailout from US senate traveling by their private aircraft.How stupid and dumb can you get? I bet almost all these executives were graduates from premier business schools.Same thing happened when AIG executives organized a lavish spa and working seminar costing almost a million Dollars in a luxury resort after getting a bailout.Almost all these AIG executives too were a product of premier business schools.This incident only proves that MBA is a non relevant today.
If business schools have to survive,they must teach their students to be humble and start working on ground-level.After all Bill Gates,Vinod Dham,Sergie Brin etc did not have MBA degrees.Look where they have taken their ideas!Whenever I see Bill Gates on the television I see his connection with the humbleness and reality in life.Azim Premjee the chairman of WIPRO still drives an old automobile.He too was a business school dropout!