5 Skills You Will Sarpen During MBA

MBA-Skills-Uday-Salunkhe-Welingkar“A good MBA programme can help you inculcate skills that will prove useful in your life and career,” says Dr. Uday Salunkhe, Group Director, Prin. L.N. Welingkar Institute of Management Research and Development (WeSchool).

Welingkar, Mumbai, is a part of the Shikshana Prasaraka (S.P.) Mandali, Pune. All the educational institutions of S.P. Mandali are known for their academic excellence. Welingkar has the distinction of being the seventh best educational institute in South Asia.

Over the last century, the professional degree of MBA has maintained its relevance world-wide. There was a time when B-Schools taught only technical skills. Since then, many top B-schools have added soft skills to the MBA curriculum in their bid to help future managers adapt better to a fast-changing business world.

Let’s take a look at the 5 skills you’ll be honing during your MBA course:

1. Communication
Most MBA students who’d earlier lacked proficiency in communication found that with practice they got from the ongoing college activities they were able to polish their speaking, listening and writing skills.

How MBA helps: Group discussions, debate competitions, seminars, and, festivals etc. will provide you a platform to practice speaking well, get over stage-fright and improve your body language. Interactions with the faculty will improve your understanding of when to listen and when to speak. Working on papers will help you master written communication.

Self-help: Record your speech, hear it back, and identify problem areas. Read more to understand the nuances of the language. Keep a journal to improve your writing.

2. Knowledge
The MBA programme will help you build your domain knowledge. A good knowledge base of the industry is important as it gives one a competitive advantage.

How MBA helps: Not only will the programme teach you the basics, it will also teach you how to keep that knowledge updated by inculcating an attitude of learning.

Self-help: Keep track online of current trends and news relevant to your industry.

3. Time management
Realizing the value of time and the ability to plan in advance are valuable qualities that recruiters look for and usually find in MBA graduates.

How MBA helps: You will learn to manage your time and productively multi-task during your course as you attend classes, meetings, prepare presentations, write papers, etc.

Self-help: Prioritize tasks and allot time to them. Make schedules and try to stick to them.

4. Collaboration
A teamwork-oriented attitude is desirable to organizations who are basically a group of diverse people working towards common goals.

How MBA helps: The programme teaches you the value of collective effort through group projects and team-building exercises.

Self-help: Attend group meetings and support team members. Be open. Propose group projects.  Click here to learn more on how you can drive team collaboration.

5. Real-world experience
“Top B-Schools, like WeSchool, take care to harmonize classroom wisdom with skill sets that the students can apply in their professional lives,” notes, Dr. Uday Salunkhe.
How MBA helps: Collaborative workshops and internships are an effective way the programme provides the students with practical business experience.
Self-help: Apply for internships. Volunteer for industry interactions and initiate live projects.

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Failure For Success With MBA

“MBA is more than just an educational course; it is a career-enhancing 360 degree program which, if pursued diligently, can be a life-changing event. The learnings of the program have a huge impact of one’s life and career.” says Prof. Dr Uday Salunkhe, Group Director, Welingkar Institute of Management Development and Research.

Governance and Thought Leadership, A Symbiotic Relationship

Thought Leadership and Governance-Dr-Uday-Salunkhe“Governance and thought leadership are two inextricably entwined traits.” says Dr. Uday Salunkhe, Welingkar Institute of Management.

Without effective thought leadership, governance remains a myth; it becomes effective and inclusive only if the element of thought leadership is at its core, which is reflected in the inclusive progress of all sections of society. The extreme challenges thrown up by the turbulent transition in our ecosystem can be solved with thought-leadership. Thought-leadership helps us face the external fluctuation and internal challenges smoothly.

Thought leadership configures feasible solutions considering even the last man and paves the way for governance works its way towards aspired goals, through challenges, dilemmas, and diversity. Thought leaders are futuristic and have the ability to connect the dots — their policies are set accordingly. A similar pattern can be observed in the government targets and their efforts in the direction.

A huge task for the leadership is to invest in the people and their mindsets. Attitude changes are required to yield optimum results. The recent visit by our Prime Minister to Silicon Valley brought forth the grey areas holding back innovation culture and growth of our own Silicon Valleys. These attitude changes have to be delicately worked upon and may call for bold reforms. Thought leadership has to be utilised to stitch together conflicting, but worthy mindsets seamlessly.

A thought leader ensures effective partnership among various stakeholders by taking them along, drawing out the best and willing cooperation from all, with tact, equanimity and vision. It needs incisive details of all the various elements at play.

A huge demographic section lives in inhabitable conditions. Effective thought leadership can enable the governance to reach the accruing benefits to people at large and mitigate the huge inequities. Thought leadership gives the leaders an enabling infrastructure to execute their ideas and innovations customised to meet the needs of the underprivileged in a system. Thought leadership is quintessentially inherent in governance.

Management Equips Students For A Variety OF Spheres – Dr Uday Salunkhe

“Being in the management profession is all about exploring and exhibiting your skills. There must exist the ability to relate to others and motivate them as well. It involves the art of making problems so appealing and their keys so constructive that everybody wants to go to work and deal with them.” – Dr. Uday Salunkhe, Group Director of Welingkar Institute.

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