The challenge of exploiting major global opportunities in the wake of the economic imperatives and reforms of recent times will demand of the one hand, managers in the know of markets abroad and, on the other, those capable of innovating with products, processes and methods at home.
Management education has, accordingly, developed specialized areas that merit priority attention, while continuing to give emphasis on the core course of finance and accounting, production and marketing, and human resources. Technology has also into the soft areas of management, beyond the job merely of putting in a new machine. An entrepreneurial culture needs to be developed as a competitive advantage.
Management is not merely a walk of life. It is a race. It is as field that is always on the move, whirling around the axis, that spans from the boardrooms to the market place, and peopled by quick thinking, fast talking men and women who seem to simply thrive on challenges. Corporate manager working relentlessly on the over drive gear to stay ahead of peers and outflank rivals in the fast tract business. In return the management profession offers high job satisfaction, exciting opportunities growth and a high-flying life style. Perhaps there in no other area of human activity which is fulfilling and rewarding than management.
CAREER IN MANAGEMENT
A career is an individual perceived sequence of attitudes and behavior associated with work- related experience and activities over the span of person’s life. A person should make a judicious choice in a career, which will result in satisfaction with and adjustment to fit between self and one’s vocation, job of organization. The choice of a career depends upon increase in potential knowledge, ability and motivation and an identity related to or engaged in a career role.
The utility of management education is to develop one’s career Management education gives satisfactory and rewarding career in one’s life and enables him to secure responsible positions in industry and business. One should not pursue a management education program simply because friends and family members of business associates have told him to do so. One should pursue it because it is an investment in a career that one wants to achieve.
The combination of analytical and strategic skill developed during management education programs has become increasingly relevant. Management education develops a personal instinct and drive for the intellectual conceptualization and exposure to the state of art, managerial theory and practice.
Management education broadens the outlook of executives, develops their ability for better functioning in the present and future jobs. In other words the personal development of an executive is a very important aim of management education.
Experience in growth man ship has proved that the industrial expansion depends considerably on good management. It is universally admitted that scientific training could build good managers. Managerial skills have to be acquired by training and education and the managerial approach carries initiative, expertise, goal setting, drive and dynamism. To manage a business! industrial organization what one needs is not only technical and scientific know-how but also professional and administrative competence and the ability to manage.
The special emphasis in management education is to encourage students to become enterprising in nature of to discipline and code of conduct so necessary to work with precision and accuracy and sincerity towards the job’ career and organization.
Management education, unlike any other training, depends more upon the people who receive it than upon the training itself It provides the foundation from one can enter into a variety of managerial tracks in established businesses, profit or no-profit organizations as well as entrepreneurial endeavors.
In most large organization managers progress along career tracks in fairly well define functional roles that reflect their employing specific organization skills. |
