Monthly Archives: October 2020

Know About the Best 5 Universities to Do Your Online MBA

MBA degree is a coveted degree among many to increase not only the earning potential but also the career options. Often, students wait for two more years to complete their MBA degrees, even after they land a job after graduation because, the experience, skill and the networks made during earning this degree, help them in future. This can take them out even in tough market situations. The practical business expertise that they will gain will help them in securing topmost positions in their organizations. An MBA degree is known to provide a practical experience in the foundational business practices. It is a comprehensive coverage of accounting, management and finance primarily and also business communications, operations management, quantitative analysis and marketing strategy. Thus, we understand the importance of these degrees. But, often due to certain reasons or the other, attending a regular college for earning the degree is often not possible. Then people prefer to go for online MBA courses. These courses are ideal for those people who may be already working in an organization for a long period of time. He or shay may now want to acquire the required theoretical knowledge or apply for some managerial positions. For them also, online MBA courses are very helpful.

Online MBA programs, often include group projects and case studies. These allow, students from various backgrounds to collaborate with each other and share ideas. This is very much important for people to form a mutually beneficial network. The students also get a chance to hone their soft skills like communication and analytical skills along with leadership skills which they can apply to the global world of business. They get to know about various other diverse fields like marketing, supply chain management, entrepreneurship etc.

The online MBA courses help the already working professionals to take on new responsibilities, get into management roles or pursue any entrepreneurial course of action, if they want.

Online MBA Courses-Things You Have To Know

The MBA degree, as already discussed, is a very much sought after degree. It is seen as a ticket to corporate success. As the time has passed by, the MBA course has witnessed a lot of variations like, one can do it with a lot of specializations at the same time. Then there is the emergence of online MBA programs, which allow not only flexibility but also continuity in education. These programs are also known as distance learning programs, and gives the opportunity to students to opt for an MBA course, who might have otherwise found it a difficulty.

Online MBA Courses have become very popular in the last few years. There are many accredited online MBA courses nowadays that are accepted not only by the employers but are sometimes also offered by the reputed B-schools. The only thing that has to be kept in mind is that one has to check whether the online courses are accredited. Some of the online programs are eligible for financial scholarships and student loans as well.

Advantages

The online MBA courses have two main advantages. The first is the flexibility to work within the schedule. This is a great help to those students who are already working or for mothers who have to take care of a baby, back at home. Sometimes, financially also, these courses are more feasible, as online courses are priced at a lower cost than the normal MBA programs. The online courses usually take 2 years to be completed but sometimes depending upon the time taken by the students, they might get extended.

Top 5 international Universities Offering Online MBA

There are many universities which offer online MBA. The best degree programs are selected based on certain parameters like the quality of program, types of courses which are provided, awards received, faculty strength, reputation in general and reputation for online programs.

  1. University of Florida-Warrington College of Business

This university offers, graduate, undergraduate and various professional courses in a diverse range of business studies. It has courses, catering to the busy professionals. Practical and theoretical concepts on legal and ethical issues, communication, organizational, management, accounting and marketing are stressed on in this course.

  1. University of Virginia-Darden School of Business

This institution is known to offer great programs in business education. The programs can be continued without disturbing the current careers. This MBA program requires 60 credit hours and includes courses like business ethics, accounting for managers, financial management and policies, decision analysis, operations management, strategic thinking and action etc.

  1. University of Minnesota, Twin Cities-Carlson School of Management

The Carlson School of Management has a lot of business related programs, through online program options. This curriculum again focuses on key subjects like communication, data analysis, marketing and operations, management etc.

  1. University of North Carolina at Chapel Hill-Kenan-Flagler Business School

This business school offers a great variety of business programs catering to all kinds of professional development. Busy professionals who want to advance their business careers may select any one from Corporate Finance, Data Analytics, Entrepreneurship, Global Supply Chain management, Investment Management etc. This program may be completed in 18-36 months.

  1. University of Illinois at Urbana Champaign-Gies College of Business

Known for offering a comprehensive curriculum, this program covers finance, investments, team leadership, leadership models, communication and marketing. The program is known to improve the knowledge and skills necessary for achieving success in various roles like chief executive, management consultant, personnel manager etc. This program requires 72 credit hours to be completed.

Source by Stratford Universty

Network Marketing Endorsed by Robert Kiyosaki For Personal Development Education

The #1 reason Robert Kiyosaki recommends network marketing is for its system of education. Important real life business subjects like developing an attitude of success, leadership skills, communication skills, people skills, just to name a few.

The one area we tend to forget or gloss over is personal development and developing the right attitude. So many of us get into a network marketing business and just expect it to happen. We forget that the leaders once sat in the chairs we are now sitting in. To get where they are now they had to undergo a change…personal change. They had to become the best person they could be. We go to a conference and get all fired up and come home and start telling anybody and everybody about our great opportunity. We forget that we don’t have the skill set that our leaders have. We get so focused on business development that we forget that to be successful at business on the right side of Kiyosaki’s quadrant we need to develop personally as well.

A mentor of mine said:“You can only grow professionally as much as you are willing to grow personally” -Jan Janzen

When I first got into network marketing I was shown a diagram:

A_______________B________C

A is where you start and C is when you have a successful business. The B can fall anywhere on that line. It could be 2 weeks, 2 months, 2 years or quite frankly never. The journey from A to B is the 6″ between your ears. Personal development skills are a big part of this equation. Some people come to this industry with these skills; most do not. These are not sales skills I’m talking about; in fact salespeople often do not do well whereas teachers shine. The beauty of this is these skills can be learned and are taught by many of the companies that Kiyosaki endorses. Read Cashflow Quadrant Chapter 4.

Kiyosaki also says that the only difference between the 95% and the 5% is the way they think. How do you make that transition from the left side of the quadrant to the right side of the quadrant. How do we change our thinking? Books, CDs, webinars. Think it’s expensive? Many of us, myself included went to university and didn’t care about how much the school made on us; we wanted the education. Yet time and time again I’ve been asked if the leaders are making money from the books and CDs. Quite frankly I didn’t care. If someone was going to teach me how to escape the rat race I was all ears. I subscribe to the J.Paul Getty philosophy of preferring to get paid 1% of 100 people’s efforts rather than get paid on 100% of my sole effort. We expect the professors to get a salary and we even buy books written by them; yet we are skeptical to learn from 5 figurers. Go figure.

It’s curious to me that we dish out thousands of dollars on university where there is absolutely no guarantee of success or of a job. Today young people graduating with degrees are thousands of dollars in debt. I heard some examples of Harvard grads being one hundred thousand dollars in debt! How many years will it take them to pay that off? How many years will it take just for them to break even? If this were a horse race and our children were out of the start gate after graduation how many of them wouldn’t be anywhere near the start line let alone in the race? Now don’t get me wrong here. I’m not saying a university education is not important, I’m just saying make sure you go for the right reasons. We see the rich send their children to university so we make the assumption that that is what we need to do to become rich. WRONG. The rich send their children to university for the education not to get a safe secure job. The rich also teach their children how to leverage themselves by owning a ‘B’ Quadrant business.(if you don’t know what a ‘B’ quadrant business is read p.4 of Cashflow Quadrant. Kiyosaki’s buckets of water story was a life changing Oprah light bulb moment for me.) University is just one component not the be all end all.For more of my thoughts on education you can read my hubpage on Thomas Friedman.

It’s important to associate ourselves with the 5% whether in person, in a book or on a CD because otherwise when we hear the 5% speak it doesn’t add up; it doesn’t compute. Nobody wants to be part of the 95%. Nobody knowingly chooses to be in the dead, dead broke or still working category. There is a rule called the 95% rule that says: 95% of everything you personally know you learned from people in the 95% income group. If this is true what income group should you end up in? The 95% group! At 13 my son read Rich Dad Poor Dad. When he started Grade 9 he came home from school with a consent form for Go to Work With Your Parent Day.

Across the top he wrote: Another example of teachers teaching us to be employees and not employers.

Our teachers are employees after all and they are simply teaching what they know. The problem is, the majority of us have a job or own a job (self-employed) so therefore it is considered normal. Normal thinking doesn’t think about the future. We want to be abnormal. We need to think I have to retire so I NEED TO DO SOMETHING NOW. I have to develop both personally and professionally. I need to read good books, attend webinars, and grow my business because I need and want to be able to do what I want when I want and not be controlled by the almighty buck.

When people fail in Network Marketing it’s typically not the company that failed but they failed themselves and as most of us don’t want to admit that, we bad mouth the industry. You see people are anxious to improve circumstances but not to improve themselves. All want more time and money without changing.

So here’s a recipe:

Change your thinking = change your future

Have attitude that it is going to happen. Develop an attitude of success.

5% live the dream 1st, write down their goals 2nd, plan 3rd and apply effort 4th

95% have reversed the order. They ask how much effort will this take? Then they do, set the goal, and then dream

Interestingly enough only 5% ever write their goals down.

School has taught us that failure is a bad thing but how else did we learn to ride a bicycle? Making mistakes is how we are designed to learn. Kiyosaki says he is more financially successful than most people, not because he is smarter but because he failed more.

“In network marketing, you are encouraged to make mistakes, correct, learn and grow. To me that is life changing education.”-Robert Kiyosaki

The only way you truly fail in network marketing is quitting too soon. Here is one of my favorite stories on giving up too soon:

A man meets a successful man in the road. The man asks, “which way is success?”

The successful man speaks not, but points to a place off in the distance.

The man, thrilled by the prospect of quick and easy success, rushes off in the appropriate direction. Suddenly, there comes a loud “SPLAT.” Eventually, the man limps back, tattered and stunned, assuming he must have misinterpreted the message. He repeats his question to the successful man, who again points silently in the same direction.

The man obediently walks off once more. This time the splat is deafening, and when the man crawls back, he is bloody, broken, tattered, and irate. “I asked you which way is success,” he screams at the successful man. “I followed the direction you indicated. And all I got was splatted! No more of this pointing! Talk!” Only then does the successful man speak, and what he says is this: “Success IS that way. Just a little PAST splat.”

Our best thinking has gotten us to where we are today. The definition of insanity is to continue thinking the same way and expect different results.

The significant problems we face cannot be solved at the same level of thinking we were at when we created them.-Albert Einstein

Our best thinking got us to where we are today. To be successful we must have or develop an attitude of success. The reason Robert Kiyosaki endorses network marketing is because this is an arena where you can develop in all areas. Self-improvement is a neglected area in traditional education. If you are in network marketing or are considering it make sure you do your homework; don’t just sign up with a friend. If your company is not teaching you to develop personally, embracing the internet as means of attracting people to you and teaching you to use the many resources available to you to leverage your time consider that a red flag. I thought I was part of a great system. Their personal development education was invaluable and transferable. It was excellent except for one minor detail; their method of finding people still involved making a list, contacting family and friends and when our list dried up to go mall crawling.

So by all means find a company that will encourage you to develop personally and encourage you to fail forward and at the same time teach you to leverage your time and let the internet be your main tool of leverage. As Robert Kiyosaki says, the secret of the rich is leverage.

Languages of India – A Great Unifier Or Divider of People?

Language is usually considered to be an effective tool for communication between people in the process of transferring their ideas, message, knowledge etc. Languages of India are a great unifier as well as divider of people. Translation, whether it is a general translation dealing in languages of India, requires utmost care in transforming the text from the source language to the target language. The translator who translates and checks the Indian languages document should have in-depth knowledge in languages of India. The translator should also have a good grasp of the subject matter under consideration.

India is a land of many regional languages spoken in different regions. Hindi is the National language and spoken widely in Northern India. Tamil, Malayalam, Telugu, Kannada, Marathi, Oriya, Gujarati, Sindhi etc are the regional languages spoken in different regions of India. So reaching the larger general public means reaching through translator and their translation services. Today with the advent of internet, the dependence on internet for education, business, health etc. have been made easy. Now most of the business transactions, distance education, health advice through video conferencing, online shopping etc are readily accessible to general public through the internet from any corner of the country.

The translation documents translated by translator enable the readers from various part of the country to read through the local language websites. Through this unique Indian language facility, an online business company can transact with consumers easily. All type of national business meetings can be held with multilingual participants from different parts of the country and this helps to promote business within the nation. Moreover, marketing brands becomes an easy task with the help of Indian language translation features where the common customer can easily enquirer without speaking in languages of India.

The accuracy with which the local language translation features deliver the message is very important whether in business, selling products or education. This accuracy mainly depends on the closeness in meaning of the word translated into the required Indian language. It is a common belief that anyone who knows Indian languages can do the translation services. Mere knowledge of local languages does not qualify translator for professional translation. The translator should have good knowledge of at least two local languages, a mother tongue language and another local language.

Another quality of a good translator is that he/she should have the writing skill. Another important point to look forward in a good translator is that he/she should be able to translate the text according to the target culture.Indian translation is a complex task and hence the translators should have more patience, experience and above all concentration while doing the work. He/she is required to read and comprehend the information to be translated first and then start doing the work.

Top Ways You Can Grow Your Sales Using Business Analytics Training

Running a business can be a tricky affair. Running an industry successfully requires an outstanding amount of analytic training and observation. An adequately calculated and planned approach towards business can make a huge difference in the sales, resulting in profits. To carry out this analysis, access to the necessary data is essentials. Deciphering the data can surely benefit the business in making big profits. To gather this massive amount of information many enterprises use the automation tools and sophisticated software. According to the CEO of a prominent e-commerce organization, right usage of data ensures the products are developed and marketed according to the customer requirement. It guarantees a more significant success rate for the business and the overall development of the coming.

What is Business Analytics?

It is a form of commercial planning which uses earlier data and customer patterns to form the marketing objectives of the trade. It focuses on making new insights regarding the issues faces y the organization in the previous point of time. Also, tries to reevaluate the methods, to fix those problems. According to the best schools providing Business Analytics training, with the help of data and statistics, on can create better products for the customers.

According to top schools, providing Business Analytics training in, the subject can be used in the following ways to improve the profits of the industry:

  1. Better services: Using the commerce analytics, the organization can predict the customer trends and behavior. It can help the industry in improving their services.The examination of the customer data ensures, the companies can meet the commitments made to the customers. In the long run, this can help in forming a satisfied customer base.
  2. Can complete the orders on time: For making sales, it is essential for the commercial organization to complete the order on times and delivery them to their location. It has to be done in the stipulated time. A delay in supplying the products means the company failed to make the required sales in the assigned time, leading to losses. With the help of automation tools, the organization can quickly identify the delaying agents and take appropriate steps to get rid of them.
  3. Better customer handling: Including the sophisticated tools while planning, the companies can understand the requirements of the customers, and design products according to it. Also, the firms can identify the recurring customers who are more likely to do industry with the organization.
  4. Bringing down overall cost: With the systematic help tools, the companies can get a necessary estimate regarding the essential and frivolous expenses. With such differentiation, the companies can cut down the overall cost of production.

Using the appropriate tools and techniques, the companies can bring down the cost of production and make more customer-oriented products. It guarantees the companies make a substantial amount of profits and have a better customer base. A better investigation regarding cost and resource allocation means better results for the performance of the organization.

Business Decision Matrix Artificial Intelligent Software Skepticism

Academic scientists are busy designing business decision software for companies. These Decision Matrix Artificial Intelligent Software Systems maybe used in the boardroom to help them work through strategic business scenarios. They may replace middle managers soon. These artificial programs are already being used in inbound CRM and inbound telemarketing divisions, Finite Capacity Scheduling in manufacturing and even transportation routing which means they are replacing human workers such as operators, controllers, dispatchers and soon executives.

Yet there is obviously skepticism amongst humans that they will be able to do much more. Unions are already upset with robotics doing their former jobs in manufacturing. Companies are strapped for quality labor and health care costs are rising as the average intelligence level is dropping significantly; the dummying down effect. Executives do not wish to lose their jobs too and they are in control, but if artificial intelligence can make better decisions and thus help the company profit more appeasing shareholders with quarterly profits and increased stock equity, then the executives will also need to step aside you see?

At first there will be skepticism and change often comes with fear, but that fear will pass you will see. Business decision matrix Artificial Intelligent (AI) software will soon be available for large, medium and small businesses and be capable of making decisions on nearly any situation. Think on this.

Defining Project Goals and Objectives

The very first step in all projects: business, home, or education, is to define goals and objectives. This step defines the projects outcome and the steps required to achieve that outcome. People, including project managers, do not spend sufficient time on this step or complete it incorrectly thereby insuring an unsuccessful project completion.

Poorly defined goals and objectives, or goals without objectives, pushes a project into overruns, territory battles, personality clashes, missed milestones, and unhappy clients.

Goals and objectives must be clear statements of purpose. Each with its own purpose that drives the end result of the project. Goals and objectives MUST be measurable.

Goals are the “WHAT”

Goals are broad statements applied to a project. Goals are the “what” of the process. In other words, “what” will the project accomplish? Projects may have more than one goal, but many objectives per goal. Do not confuse goals with objectives.

Examples:

  1. Website development goal: Visitors will be convinced that global warming exists.
  2. Insurance company: The Medical Insurance department will increase provider options by 10%.Physici
  3. Physicians office: Patients will not wait longer than 1 hour to see a physician.

Objectives are the “HOW”

Objectives are specific statements that support the goal. Every goal will have one or more objectives tied to it. In essence, the objective is the “how” of the process.

Always start an objective with an action verb. This insures that the objective is measurable and that the projects end-result is addressed through the action of the objective. Each objective becomes a measurable milestone as well.

Example:

1. Goal: Visitors will be convinced that global warming exists.

  • Create a table comparing the costs of addressing global warming today vs. 100 years from now.
  • Illustrate the effects of global warming in a photo gallery.
  • Identify and address the “myths” of global warming.

2. Goal: The Medical Insurance department will increase provider options by 10%.

  • Identify provider options and costs.
  • Survey the customer to find out each options value.
  • Compare options to competitors.

3. Goal: Patients will wait less than 1 hour to see a physician.

  • Evaluate personnel requirements.
  • Purchase new appointment scheduling software.
  • Setup appointment confirmation schedule.

Keeping goals and objectives in the forefront of every project insures that the project and the team are on the same page throughout the projects life cycle.

Whether in education, business or are running a household, clearly defined goals and objectives will support the projects successful result.