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Group Discussion

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The Dynamics of a Group Discussion: The Group Discussion is an important assessment tool for admission in Management courses and it is counted in the ultimate rank a candidate is awarded. In order to succeed in any unstructured group discussion, you must define what your objective in the group is. A good definition of your objective is - to be seen to have contributed meaningfully in an attempt to achieve the right consensus. The key words in this definition are 'seen', 'meaningfully', and 'attempt'. Let us understand what each of these imply in terms of action points: The first implication is that merely making a meaningful contribution in an attempt to achieve consensus is not enough. You have to be seen and heard by the evaluator to have made a meaningful contribution in an effort to build the right consensus. In other words you must ensure that the group hears you. If the group hears you, so will the evaluator. You must get some airtime. If you are not a ver

Strategic Management- summary

STRATEGIC MANAGEMENT : 1. Evolution of concept 2. Importance of strategic management 3. Components of strategic management 4. The three levels of strategic planning 5. Making strategic decisions Strategic management is the process of specifying an organization 's objectives, developing policies and plans to achieve these objectives, and allocating resources to implement the policies and plans to achieve the organization's objectives. It is the highest level of managerial activity, usually performed by an organization's Chief Executive Officer (CEO) and executive team .  Strategic management provides overall direction to the enterprise. Or Strategic management can be defined as the set of decisions and actions resulting in formulation and implementation of strategies designed to achieve the objectives of an organization.  Evolution Igor Ansoff is the pioneer. Henry Mintzberg and Michael E Porter enriched it. Ansoffs strategic success paradigm identifies the conditions

Strategic Management

Strategic management is the key factor for success of business organisations these days. Strategy for growth,profitability and geographical expansion is of great interest for business managers everywhere.Strategic management is the topic for study for MBA students all over the world. The principles and tools of strategic management has critical value for managers and students of management programmes. This blog will carry articles on strategic management and related topics from current publications and study material. This blog could also give information on availability of job opportunities for management graduates. This will also provide advice and counselling for management students and young managers for carrier planning and development.