Tag Archives: management

Project Management Training – A Key To Profitable Organization

It is safe to say that for an organization, there is no important task than to develop their important asset of all: it’s workforce. Training workforce is very important to help each employee to understand and reach his potential; educate the workforce and connect them emotionally to achieve organizational objectives. Project management training is a training framework which helps organizations to achieve these important goals.

We can broadly classify project management into project planning and managing the project as per the plan. Fine project management training should include sessions on resource planning, risk assessment methodologies, estimation techniques, schedule preparation and tracking, resource management. Training should take into account a proper balance between management and planning aspects of project management.

There are a lot of choices available to an organisation on providing project management training to it’s workforce. One way is to develop internal trainers and training framework within the company. This type of in house training has the advantage of saving costs, giving flexibility on the training content. However it may take long time to reach a matured stage for the training framework.

One more alternative way is to use the services offered by professional training institutions, whose main objective is to provide professional training to business organizations. An organisation that doesn’t have the needed resources to train the workforce in house, can take advantage of the services offered by these training institutions. This could save lot of time and energy. But these services may be very dear.

One of the useful ways is to have a good collection of management books in a company library.One such book which one can get hold of in management lierature is Training for profit: a guide to the integration of training in an organizations success.It explains the opportunities and the advantages that a person gets from workforce training and corelates them to the financial performance of the organization’s.It also acts as a helpful guide to the internal trainers by helping them to know the innovative methods by which a workforce can be trained.

In order to successfully build a team and carry out a project, a number of soft skills are essential. These include communication skills, cross-cultural competence, interpersonal skills, the ability to negotiate and effective customer interaction. Project management training needs to incorporate these skills into its curriculum. Having a well-trained workforce is very important, and no organization should underestimate the impact it can have on profitability.

Classroom Management Books Provide Powerful Information

Classroom management books are the best sources to provide you with classroom management strategies. For the strategies to be effective, it is important that teachers to read through these strategies while trying to apply them in their classes. Organizing your thoughts and ideas as well as applying them can always be a hard task to handle while teaching. With these types of books at hand, teachers are able to find a simple guideline that will enable them manage their lessons effectively.

Teachers have been proven to be an influential factor in determining the performance of children. However, without proper management skills, they are likely to influence their students negatively. Teachers have different levels of effectiveness that need to be merged with a common operational mode. An effective teacher has the capability to produce effective results with all their students regardless of their performance standards. On the other hand, ineffective teachers will easily be noted by a huge difference in performance between their students.

Classroom management books have the ability of crafting an effective teacher due to several reasons. In the first place, they can influence decision making process regarding the instructional strategies to apply. There are many instructions that teachers have to offer on each day that passes by in their institutions. These instructions need to be crafted with a strategic plan that will enhance achievement of the institutions goals.

Through these books, they will learn how to utilize corporate learning together with graphic organizers. These will equip them with the necessary skills on how to make better use of homework, advance organizers and questions in achieving their objectives. They will also learn when these strategies have to be applied only to a specific group of students who require special content.

Secondly, these books teach teachers on how to design classroom curriculum in order to enable the students learn effectively. They will therefore learn how to layout the proper sequence and pace of delivering their content. They learn on how to analyze their students and understand the scope that is likely to work best for them. This means that they have an option of designing their own teaching scope that relies on their students’ collective and individual capabilities to learn. They are also trained on how to construct and arrange learning activities that are capable of providing new knowledge utilizing different formats.

Lastly, these books are capable of teaching teachers on how to effectively teach while managing their classes. Teachers are taught on how to effectively control their students in ensuring they effectively concentrate. They learn how to utilize different teaching aids, learning materials as well as classroom activities to simplify some of the complicated content.

There are lessons that teach them on how to control the problems occurring at home from spilling over to the classes. There are also problems that arise from classroom quarrels and need to be handled with uttermost care and balance. Mood swings are a common problem for some students and if not well controlled ca result in poor academic performance. Classroom management books are very important and contain useful information that enables teachers to effectively influence the lives and performance of their students.

Time management books

For instance, probably some of the massive-picture organizing instruments from your main process work definitely very well for you, but you locate that the day-to-day job planning isn’t actually your cup of tea. In that situation, decide on a every day organizing system from one more process. After all, it’s your time – how you approach it need to in shape you!

Have you been spending time trying to figure out how to get a lot more purchasers and then attempting to figure out how to deal with and lower your frantic operate-load simply because you are encountering burn up-out, or have you grow to be static in your personal practice building and been wasting time procrastinating and do not have substantially energy or motivation correct now?

“Time is infinitely a lot more treasured than cash, and there is almost nothing common involving them. You are not able to accumulate time you cannot borrow time you can never inform how much time you have left in the Bank of Existence. Time is daily life…”-Israel Davidson

It becomes logical to set goals that are inspiring, tough, practical and fit the direction you want to get your everyday life and your non-public practice in.

Time administration or use of the very same 24 several hours in the day (that we all have) successfully is a very important factor for generating your vision and earning your difference in the earth with out encountering melt away-out or putting aside other commitments, hobbies or family time.

When you sense assured you can commit to self management and self leadership, and start off to manage your time in efficient ways, all the people and assets you want to support your existence alterations occur in unpredicted strategies. You have the flexibility to fulfil your function, effortlessly and effortless and have time for the other vital spots of your lifestyle.

If you integrated a approach for attaining your top 3 ambitions for each and every place of your everyday life, would you feel a lot more centred, balanced and fulfilled? How significantly time do you have? How considerably time do any of us have left?

This guide is supposed to get you to believe about your daily life purpose, inspire you to pick to take care of your time effectively adequate to work on your objectives and lifestyle path. For me it is a ‘no brainer’ to use the time I have to appreciate my life and do what ever before it takes to stay the way of living I motivation and have fun whilst generating my difference in the entire world!

Knowledge About Services Management Services

A big problem facing facility entrepreneurs is cutting down desire for energy for financial good reasons, but also for the reason that energy usage goes hand-in-hand with carbon emissions. Lessening electricity for the duration of the operational phase of a facility’s lifestyle similarly decreases carbon emissions. When contemplating that thirty-40% of a country’s total carbon emissions is attributable to buildings and other made services, it is clear that operations and, hence, facility management have a considerable part to play.

Function:-

The self-discipline of facility management and the role of facility managers in individual are evolving to the extent that a lot of managers have to operate at two ranges: strategic-tactical and operational. In the previous situation, proprietors will need to be knowledgeable about the possible influence of their decisions on the provision of room and companies. In the latter, it is the purpose of a facility supervisor to make certain proper operation of all factors of a creating to produce an ideal atmosphere for the occupants to perform. This is achieved by managing some of the pursuing routines.

Environmental Health and Security

Waste Elimination

OSHA (Occupational Overall health and Security)Laws (could be a various business relying on variety of setting up i.e. hospital)

HAZMAT (Hazardous Materials) compliance

Creating Cleanliness: This sub-self-discipline of facility management features regimen cleansing (restrooms, common locations) as perfectly as far more precise emphasis on dust management and hygiene servicing.

Dust command is an growing problem and is critical for providing a “safer and more healthy atmosphere for staff and prospects.” Without a doubt, the Nationwide Institute for Allergy and Infectious Diseases notes that dust mites are a widespread trigger of perennial allergic rhinitis, an affliction that has an effect on approximately sixty million people in the United States. The Textile Rental Companies Association (TRSA) attributes 70% of dust inside of the workplace to the outside. In accordance to the TRSAA, flooring mats put inside creating entrances seize up to 70% of dust particles. Specialty mops are an integral component of addressing dust management.

Workplace cleanliness can be addressed by both employer and worker, although only in the previous is the concept formally thought to be facility management. The latter problems the introduction of hand sanitizers, for instance, to lessen the spread of germs.

My Need

When I received my very first work in Facility Management, I had the burning need to make a little something exceptional, memorable, and of sheer good quality in my domain.

But I know it can take time, appreciate and very difficult perform, and you run the possibility that it will go unappreciated. So what’s the single main differentiating aspect I use in deciding on a author? It is a Quotation “Stay on intent, not on outcome”. In other phrases, do the process since it is what you enjoy to do or due to the fact it will assist a person or is a beneficial training.

Business Management Tips

Business process is the important process of planning, co-coordinating and controlling a business. Every successful business has a business management team, whether it is one person or many. The main purpose of businesses is to be profitable, and the main function of managing businesses is so that the business creates sufficient value for its customers so that its revenues exceed its total cost. Business Management Styles.There is a big difference in the results we get, depending on what we are managing to get, and the management styles we use.

One spirals down, a death spiral. The other spirals up, up, and up. Marketing management: These books show you a way to design a marketing plan that works. It is also possible to find out some hitherto unknown factors such as some mistakes or false assumptions in your marketing methods, case studies discussed in such books. You might find some interesting new ideas that will be useful for your business.

A management position in the employment ranks is well-respected, but can be difficult to achieve. To efficiently and productively manage others, one must receive the proper training, education and experience. Earning a college degree or school certification in business management is imperative to accomplishing success in the business world. Correct management is definitely the key for a business to survive in crisis like what the world is meeting right now in terms of economy. But in order to execute correct business management, several strategies need to be observed and executed as well.

These are: smartening up of the business; marketing; management of people; and vision for the business. Networking Events – Keep an eye on business networking events in your town which may feature guest speakers on a variety of business-related topics. These events can include business groups, presentations, workshops, and other gatherings. For the price of a lunch or dinner you can learn more about the featured speaker’s area of expertise.

If you do any kind of business in the virtual world, chances are you have hired a VA at some point to assist you with various tasks or projects. They might help you with your keyword research, shopping cart or autoresponder, etc., etc. Perhaps you have a team of VAs; maybe even a graphics designer, copywriter and a webmaster thrown in for good measure. If you do, that’s great! It’s a sign that your business is growing and thriving. Most business managers want to be on the good side of their employees. While this is a great thing to want, it is not a good idea to make it the main focus of what you are doing.

One of the key attributes in identifying management material in terms of staff, is that the person is willing to learn, and once this has been identified then you will be able to effectively train this person in sound business management training, procedures and techniques to at least increase the chances your business has in terms of survival. The graduates who have completed their online bachelor’s degree in business management(BM) is able to provide analysis of and suggest about how to improve the profits, productivity and the organizational structure of the company.

10 Strategic Reasons Why You Need a Business Management Team

I have watched or listened to several successful entrepreneurs and drop out billionaires being interviewed. I have read several business books and studied the business success strategies of famous entrepreneurs; and they all seem to share one thing in common. They all attribute their rapid business growth to their business management team.

Now why is a business team important to an entrepreneur? Why should I build an in-house business management team when I can always seek external advice? What impact will a business team have on my business? I am running my business on a lean budget; why should I increase my overhead by bringing a business team on board?

These are usually the questions I receive when I discuss the importance of having a business team with my prot©g©s. You may be a small business owner operating a mom and pop shop but I still want you to know that you need a business team. It may not be your short term goal but you need to include it in your long term plan.

“Individuals don’t win in business; teams do.” – Sam Walton

No successful entrepreneur assembled a business management team in a day; it’s a process that can take as long as ten year before the perfect team assembles. Finding the right business team is definitely not an easy task and that’s why I listed it among the ten major business challenges entrepreneurs face when starting a business.

Now why do you need a business management team? Well, below are ten strategic reasons why you building a business team should be your long term goal.

Ten Strategic Reasons why You Need a Business Management Team

1. Raising Capital
One of the key reasons why startup entrepreneurs don’t get the venture capital is because they are trying to raise capital alone. A business mentor of mine once said that venture capitalist prefer an average product with an excellent business team than an excellent product with an average business team.

If you should consider this statement; you will come to acknowledge that it’s the truth in its entirety. A business team is vital to the process of raising capital for your business; in fact, it increases your chances of securing the capital. Show me an entrepreneur that raised billions of dollars in capital and I will show you an entrepreneur backed by a strong business management team. Just like said in the investment world; money always follow management.

2. Taking advantage of new or existing opportunities
Having your own business management team will give you the leverage to take advantage of business opportunities effortlessly. A business team will be your eyes, ears and nose in the business world; they will not only help you sniff out opportunities but will also help you create opportunities out of thin air.

“A business idea is just another idea. But an idea backed by a strong feasibility, a thorough business plan and a smart team is no longer an idea. It’s now a solid business opportunity worth pursuing.” – Ajaero Tony Martins

3. Strategic business development
Do you want to grow your business from the inside? Do you want to strengthen your bottom line? Then build your own business management team. Strategic business development is not the doing of an individual but a collective effort of a business team. Employee performance programs, staff motivation and operational excellence are part of the duty of a business team.

4. Rapid expansion and growth
Take a close look at companies that grows rapidly and stands strong in times of economic recess and you will find a strong business management team behind such companies. The massive outside expansion of any company is the handiwork of the business team. An entrepreneur visualizes while the business team draws the plan; critique the plan and executes the business plan. For instance, take a look at the rapid acquisition move taken by Oracle Corporation; buying up a total of 57 companies within five years. That’s the power of a good management driven company.

5. Business leverage
How is a company able to operate successfully in different sectors of the economy? How can an entrepreneur successfully run a business conglomerate? The answer is leverage.

“Successful businessmen share the ability to hire people smarter than they are.” – Dillard Munford

The leverage of a business team is the reason successful entrepreneurs became billionaires effortlessly. Leverage is the reason why entrepreneurs such as J. Paul Getty and Carlos Slim Helu are able to run over 200 companies without burning themselves out. The leverage of a business team is a form of intellectual leverage. Just as a man is known by the friends he keeps; so is a business respected by the management team it keeps.

“People are definitely a company’s greatest asset. It doesn’t make any difference whether the company’s product is cars or cosmetics. A company is only as good as the people it keeps.” – Mary Kay Ash

6. Increase confidence of the investors
Just like I stated above; money follows management and who provides the money? The answer is the investors. Nothing inspires or boosts the confidence of an investor than the professionalism of the business management team piloting the affairs of the company he/she invested in.

Have you tried raising capital before? Have you tried sourcing for contracts before? Have you tried sending a business proposal to another company before? Have you ever tried selling a business before? Or better still buying a business? Have you ever taken a company public before?

If you have engaged in any of these acts; you will come to accept the fact that one of the most popular questions investors ask is this:

Who is on your team?

Who on your team has taken a company public before?

Who on your team has experience in business management?

The questions above are real life questions asked by investors because they feel comfortable hearing the fact that the managers of their investments are competent.

7. Increase the entrepreneur’s credibility and competence
Observe the words of successful entrepreneurs and drop out billionaires carefully; and you will see that they attribute much of their success to their team. Have you ever wondered why some drop outs end up successful business owners? The reason is because they built their business on the shoulders of intellectual giants; who happen to be members of their business management team.

An entrepreneur can never know it all and that’s why he/she relies on the calculative initiative of the business team. Show me an entrepreneur backed by a weak business team and I will show you an incompetent entrepreneur. So if being recognized as an entrepreneur of credibility and competence sounds good enough to be added to your resume; then build your own in-house business management team.

8. Strategic innovative thinking
Innovative companies are usually companies driven by a strong management team. Observe companies such as Microsoft, Apple, Oracle and Sony; and you will come to realize that these companies have being built, driven and sustained competitively on innovation. Now who are the engineers of innovation? It’s the business team; the brains behind the company. Tactical approach to issues, detailed competitive analysis and strategic thinking are benefits derived from having your own business team; so would you rather not have one?

9. Critical problem solving
How does a company survives a recession? How does a company survive in a fierce market? The answer still lies in the team. In the previous article I wrote, I highlighted the characteristics of successful business management teams and one of such characteristics is critical problem solving.

Entrepreneurs are known as critical problem solvers but I also want to add that problem solving is a product of collective strategies and ideas put together by a group of individuals; and such individuals in this case is your business team. Critical problem so

Blazing a Trail in Infrastructure Management Education in India

Infrastructure and Economic Development

The Planning Commission has set an ambitious double-digit national economic growth rate during the 11th Five-Year Plan. How do we go about pursuing this tall order? There is now a general consensus that the answer lies mainly in the creation of high quality infrastructure – physical, social and economic. How the Interstate Highway System launched by the Eisenhower administration in the ’50s helped create a more mobile and vastly wealthier America is now legendary. Back home, in India, we have the classic case of the Grand Trunk Road, built by the 16th Century ruler, Sher Shah Suri, to promote trade. A 2000 km stretch of the Grand Trunk, linking six Indian states, still acts as the backbone of commercial prosperity across India.

Several studies in the past have shown that the spread of rural infrastructure assists economic growth and leads to a decline in poverty. According to the Rural Infrastructure Report, recently brought out by the NCAER, development of rural infrastructure has a five-fold impact on the economy. Good infrastructure creates better access to employment and provides further earning opportunities;
increases production efficiency; gives access to previously inaccessible commodities and services; helps citizens save time and, thereby, involve themselves more in productive activities; and
improves the health and physical condition of the rural population.

Infrastructure-centric Governance

Economic liberalization heralded the beginning of a new era of infrastructure-centric governance in India. The government is already putting in place a transparent and independent regulatory framework for the infrastructure sector, based on international best practices. A committee has been constituted under the chairmanship of the Prime Minister, to closely monitor the progress in all key infrastructure projects, on a quarterly basis. A Viability Gap Grant Scheme has been instituted for supporting infrastructure projects (like power, roads, ports, airports, railways, water supply & urban transport) which, despite being economically viable, are financially unviable. A Special Purpose Vehicle (SPV), called the India Infrastructure Finance Corporation Limited (IIFC), has been set up to lend funds with longer term maturity to commercially viable projects in infrastructure sectors, including projects which become viable after receiving viability gap funding from the government. Comprehensive Model Concession Agreement (MCA) Frameworks for Public Private Partnerships (PPPs) are either in place or being formulated for the Highway, Seaport & Airport sectors. These MCAs, based on internationally accepted principles and best practices, unbundle risks and costs, and allocate them to the party best suited to manage them. Rail container movement, so far monopolised by the public sector entity, CONCOR, has been thrown open to competition, making private sector entities eligible for owning and operating container trains.

Today, the sectoral policies at the national, regional & local levels are being developed around ‘touchstone’ principles, like: (1) Efficient use of existing assets and optimal allocation of additional resources, (2) payment for services, (3) equitable contractual structures, (4) transparent process of procurement, (5) fair regulatory framework, (6) enabling institutional infrastructure, and (7) sustainable incentives and concessions.

New Demands on Infrastructure Management

As path-breaking concepts, frameworks and methodologies are being evolved, at the national, regional and local levels, especially in the critical facets of infrastructure management such as financing, contracting and regulation, an Infrastructure Manager today needs to have a variety of skills:
 Marketing, business development and financial management skills for mobilizing and administering project resources.
 Engineering and technical skills for ascertaining the technological soundness of the project.
 Skills in Participatory Learning & Action (PLA), Information, Education & Communication (IEC), and Strategic Environmental Assessment (SEA) to evaluate the location-specific social, economic & environmental impact of the project.
 Organizational & capacity-building skills to ensure the sustainability of the project.

Need for Holistic Training

With a huge investment requirement of the order of about Rs.14.5 trillion ($320 billion), over the next six years, and a spate of new investor-friendly policies in the offing, Infrastructure is all set to become the most ‘happening’ sector of the Indian economy. The immediate requirement of the Indian economy is a pool of holistically trained domain-ready infrastructure managers, who have the ability and grit to (a) convert the huge investments into quality infrastructure facilities; (b) upgrade the existing infrastructure set-up; and (c) sustain high infrastructure service levels by adopting better management practices. Be it physical, social, economic or environmental infrastructure, the demand for such holistically trained managers is going to be unprecedented.

A Trail-blazer

In response to this crying need for domain-ready managers the first-ever comprehensive Post-Graduate Diploma in Infrastructure Management (PGDIM) Programme in the country was launched in August 2005. The programme, offered by Karnataka’s prestigious Visvesvaraya Technological University (VTU), is being conducted by the School of Management for Infrastructure and Development Strategies – India (MINDS), at Bangalore. MINDS is a Division of the Centre for Symbiosis of Technology, Environment & Management (STEM), a professional research group with nearly two decades’ standing in Development Research, Consultancy & Training.

The PGDIM is a one-year full-time programme for graduates in all disciplines of engineering and post-graduates in other disciplines. The curriculum is designed on a holistic approach to Infrastructure Management covering Project Management; Marketing; Contract Management; Infrastructure Finance; ICT Applications; GIS Applications; Strategic Environmental Assessment (SEA); Legal & Regulatory Environment; and Emerging Paradigms. The programme participants also work on live projects being implemented by reputed infrastructure organizations, and gain hands-on professional experience.

Based on the encouraging experience of running the unique PGDIM Programme, VTU is commencing a new format two-in-one PG Programme in Infrastructure Management from the academic year 2007-08. Very modular in structure, this innovative programme provides for a ‘Dual Qualification Option’ whereby a student receives a Post-Graduate Diploma in Infrastructure Management (PGDIM) on successfully completing the first year and also an MBA Degree in Infrastructure Management, after the second year. One exceptional feature of the Dual Option PG Programme is that it is a highly modular arrangement whereby a student needs to make up his/ her mind only midway or even at the end of the one-year PGDIM whether to move on to the second year of the MBA.

The second year (MBA level) comprises two semesters and includes an advanced Internship by way of extended project assignments. An additional feature of the MBA is that it also provides for specialization in areas such as Urban Governance & Management, IT Infrastructure Management, Communication & transportation, Power & Energy, Health, Education, Water & Sanitation, and PPP.

Management Education Courses

The field of management is vast leaving students with educational options from general management to risk management. Students seeking a degree in management will find that courses are broken down into general business and concentrated studies. General business courses are included into every concentration. Concentrated business courses are taken as part of a specific degree.

Through courses students will learn to incorporate general business knowledge with specific leadership skills. The field of study emphasizes the application of business knowledge, economic issues, and employee care. Each degree concentration focuses on different skills but all provide students with the ability to step into a career as a manager.

General Business Courses Can Include:

Finance for Business
The elements of finance are explored in regards to management. Subject areas include financial markets, tools, procedures, and techniques used to make financial decisions. Students learn how to analyze, plan, and work with areas like budgets and international finance risk.

Principles of Economics
Courses focus on the different theories of microeconomics and macroeconomics. Students look at the issues affecting the industry like trade agreements, Consumer Price Index calculations, and labor demands. This introductory course teaches students to explain how economics affect how decisions are made and determine how the change in pricing can directly influence the business market. Topics like Federal Reserve and economic health are discussed.

Accounting
The basics of financial accounting are examined in regards to identification and measurement. Through the focus of effective management, students learn how to work with financial information and make decisions. The accounting process is looked at, which includes topics on financial statements, retained earnings, and closing balances.

When students start concentration courses the focus shifts from general application to specific management duties. Degree concentrations in organization, risk, project, organization, conflict, and restaurant management all have different required courses. Concentration courses stress fundamental managing techniques and career responsibilities. Courses for some concentrated areas may include:

Project Planning
The best procedures and professional standards for project management are incorporated into a general eight-part management plan. Students learn how to establish a project charter and goals. This is used to work towards completing a project on schedule, which includes topics on scope statement, baseline, control, and development. A course like this is focused on teaching students management skills that help them keep a business and its employers on track.

Corporate Risk
In order to avoid monetary harm students learn how to create a plan in a risk management concentration. A risk course will teach students how to identify, measure, and manage risk. Subjects include different types of risks, measurement procedures, and plan techniques.

Conflict Management
Courses in conflict management prepare students to handle conflict among stakeholders inside an organization. The nature of the conflict, how to design a solution, and how to resolve a dispute are main areas explored.

Management Education Should Be Improved

Management Education offers marketing courses, course in human resource management, media etc., is something for which each and every student aspires for. The extent to which we learn to manage is “what is important” and in this, some students pursue formal education in management whereas some students emerge as self taught. But what I would like to concentrate upon is this pursuit of formal management education.

Are lectures coupled with case studies, workshops, interactive sessions, seminars and presentations the most ideal form of teaching is the traditional method that is followed across most institutions. Some institutes have innovated with Guest faculty who give a first experience of the happenings in the industries, so that the students can remain updated of the latest developments. It is becoming imperative for B-Schools for effectively combining tradition with innovate and modernity.

Just check the traditional methods that are followed by many B-schools in short listing the students for Management education. The written exam is followed by Group Discussions and Personal Interviews. Various leading B-schools that offer marketing courses, course in human resource management etc, have incorporated and innovated factors of psychological performance through innovative management games and response tests for judging the students true outlook for pursuing management education.

B-schools create revolutionary thinkers, leaders in the business world but they have not been thinking to take any innovative steps as far as their own brand building is concerned until now.

One might want from B-Schools may be endless. But as a bench mark B-schools (offering marketing courses, course in human resource management etc.) should strive to offer an infrastructure that will incorporate the state-of-the-art facilities aimed at strengthening the technical, conceptual and human skills of the managers that emerge from the institute.

With features of intelligence building, the overall set up should be futuristic that will be cumulative effect of Technology with knowledge faculties (from India and abroad) from across the globe. All thanks to rapid progress of technology for this will be a systems driven set up in the age of digital era.

These facilities should include Plug and Play classrooms equipped with video data LCD projectors, videoconferencing, audio playback facilities with high speed internet connectivity, E-centre and Entrepreneurship Guidance Cell, Centre for Global Networking, Hi-tech Management development centre, State-of-the-art CD ROM based library, Case Study discussion hall and the likes.

All About Management Education

There are more management institutes in India this time than ever, in any other country, perhaps. This was not the case a few years back when education was not an industry and under strict government control. This was only when government decided to liberalize its policies to attract more foreign investment in the country, and the foreign investors faced an acute problem of qualified workmen for to help them manage their businesses here. Government immediately loosened its lead on education sector and liberalized it. This privatization move resulted into a lot of management institutes all over India. Earlier, it was feared that the lost of control over education will spoil the quality of it but it is not so. The privatization raised a staunch competition in between the colleges and institutions and forced the survivors to provide high level of education which is directly applicable to current industries.

Apart from IIMs (Indian Institutes of Management), the top b-school in India, there are many private institutes which are imparting quality management education with all major specializations. These institutes are regularly updating their curriculum and strategies to make their students highly competitive in global arena.

Likewise there are different types of management courses to suite all level of management aspirants, for example MBA (Master of Business Administration) is a three years full-time program for graduates. It is available in almost each segment of business requirement like:

MBA HR (Humane Resource)
MBA Finance
MBA Marketing
MBA Banking & Insurance
MBA Retail
MBA International Business
MBA Pharmaceutical

Likewise, there is another course PGDM (Post Graduation Diploma in Management), for working executives and is reckoned as equivalent to MBA. And there is another course BBA (Bachelor of Business Administration) for those who have just completed their schooling and want to take up a course in management education that opens door in corporate world.

The competition has even made it easier for the management aspirants to complete these courses without any financial, time or age restrictions. Those who want to make a career in management students can avail education loans, join courses on part-time or week-end classes basis and can join a course at any age.