One Minute MBA

Got a minute? OK, you want to do business or manage one. A lawful one? Well, that's Legal Framework. Law or perhaps a mini-course on Ethics.
You look at today's papers and you want to imitate successful people. That's LEADERSHIP. Managerial effectiveness. What's your project? Its called OPERATIONS. You want not only to make things but also to market your products or services. You shout it sooner. It's MARKETING. You need warm bodies, followers. Practise ORGANISATIONAL BEHAVIOUR or Human Resources Management. To help you weather the competitive storm make sure your figures are as good as your judgement. They used to refer it as STATISTICS but can come in more fashionable clothes like, Information for Business Decisions. Now money falls on your lap. Make sure to re-invest it. Think FINANCE. It will make you financially literate. It comes along with another language of business called ACCOUNTING, without which you cannot function in business. Soon you'll want to impress your peers and friends on supply and demand curves which get wired to edgy markets. That's ECONOMICS. In today's recession, government intervention is the saviour or else Hell Break Loose!. There are of course many other 'invisible' hands in the economy that drive or stifle competition. Don't be left behind on ICT. Take up Business Information Systems. You'll be surprised how current and sophisticated your communication/presentation skills can be. May I ask on which side of the fence are you? An 'intrapreneur'? Look deep into your heart. If you can stomach Schumpeter's ' gale of creative destructon' go and be an entrepreneur. And finally don't leave the house without it. STRATEGY. The idea is to be victor of the market place instead of victim. Take it from Sun Tzu's 'Art of War' - to subdue the enemy without fighting is the acme of skill. That's my friend is the MBA mindset in one minute.