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Impact of Management on Global Business
In global business environment where adaptability to change is more of a compulsion than an option. Formal education option for business leaders and managers also have to be dynamic and evolving in nature. As in over the last fifteen years Indian economy and Industries have probably witnessed the most dynamic changes. One of the most distinctive developments in this regard has been the emergence of programmes for senior managers who are expected to take on strategically important roles at the upper levels of the management hierarchy, particularly in the context of multi-location business operations. There are perhaps two factors that are responsible for the popularity of these problems -one, more and more Indian oraganisations are expanding their reach in the global marketplace and there is a resultant surge in demand for professionals who have the advanced managerial and cross-culture skills required to steer such organisations ahead. Secondy, given the chronological development of management education in the country, many of those who are now in the higher or upper middle rungs of mamagement within an oranisation do not have formal MBA or evivalent qualification. Faced with the changing scenario in business in their own country and across the world , many of them feel that such focused programmes could help their caeers to the next level. Thus every young student or professional who wishes to be among the business leaders of the future must learn to ride on the waves of dynamism sweeping the world today. As the famous guru Marshall Goldsmith puts it,"what got you here,won't get you there." Some of the extra miles that you have to cover to leverage your education and success in the real practice world of business.
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