Tuesday, December 9, 2008

The cost of an MBA program

Is a management course necessary to climb the corporate ladder? That depends on your current skill set, time and ambition. A Masters of Business Administration is a coveted postgraduate degree sought after by ambitious managers. But starting at over $40,000 per year, with a minimum of two years, do you have the time or the money?:

Finance MBA: The cost of an MBA program: "How much does an MBA costs?
The cost of an MBA course at a really good business school is actually more than the average wage in the UK or USA.
However, when you think about the cost of the MBA you must simultaneously think about the benefit from it – because these amounts are inseparable from each other, and cutting down on the cost could produce a disproportionately high drop in the benefits of the MBA."

Click the link to discover the management fundamentals that will assist you in determining what education you may need for this time in your life.

Meeting Management

I recently attended a meeting which was equivalent to a gathering of the "all mouth and no ears" brigade. Everyone was talking over one another, we were off topic and I was becoming impatient because I felt like I was wasting my time.

And then to top it off, the person who called the meeting said, "We didn't get through what we needed to today so I'll set another meeting for next week."

Kill me now.

Good managers know how to maximize everyone's time. They know when to call a meeting vs when to have one-on-ones, they are focused on the meeting's outcome and drive discussion in a direction that achieves outcomes.

Check out the following article on how to keep your meetings on track.

Meeting Management: "Meetings can be very productive. They can also be a waste of time. Here are some ways to improve your meeting management skill.
Meeting Management Key - Stand PAT
I use a 'PAT' approach to meetings. A meeting has to have: a Purpose, an Agenda, and a Timeframe or I don't do it."

Sometimes even the best laid plans can go astray, especially if you're dealing with difficult people. Click on the link to discover how to become a manager and handle the Liam the Liars and Whining Wendy's in the office.

What Every Manager Should Know About How to Become An Effective Executive

Peter Drucker is the management master. Check out the following article which removes the focus off the individual and onto their contribution.

What Every Manager Should Know About How to Become An Effective Executive: "In his book, The Effective Executive, Peter Drucker pointed out that the effective executive is the person who focuses on making a contribution.

This focus on the making of a contribution is the key. And the key to effectiveness comes in three areas:

1. in a person's work, its content, its level, its standards, and its impacts;

2. in his relationships with others, his superiors, his associates, and his subordinates; and

3. in his use of the tools of the executive, such as meetings and reports."

Click on the link if you want to become a manager that makes a difference.