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The Spirit of Business Success
By Rajkumar Kanagasingam
My friend's discussion on various MBA programs had made me wonder whether these MBA programs are really of any help to a person to become a good businessman or a dynamic professional.
Different universities are promoting different MBA Programs specializing in various and unique areas. Stanford University in California is famous for its entrepreneurial specialization.
The America of today is a collective success of the entrepreneurial spirit of many decades. Henry Ford and Thomas Alva Edison are some of the well-known Entrepreneurs, who really helped to make the once-unknown America to become today's economic super power. Henry Ford invented the assembly line and made the motorcar a commodity that was within the reach of the common man.
Thomas Alva Edison developed many devices which greatly influenced life in the 20th century and was one of the first inventors to apply the principles of mass production to the process of invention which all made America to have a strong economic base from the very beginning for its economic superiority.
Sometimes it is very hard to rate which MBA program in the world is perfect enough for some individual's need. The Harvard University's MBA program in General Management is internationally renowned. But its dropout Bill Gates is the world's richest person. And he kept his position continuously for a number of years and made innovations in the field of Information Technology. It is not that Harvard MBA made Bill Gates to succeed but some unknown factor or providence.
Recent studies show that the genetic factor determines one's success. A recent article in the Time magazine with the cover page title "The secrets of Ambition" set out the surprising findings as to what separates the go-getters from the rest. The writer Jeffrey Kluger has given a good account of why some people are most likely to succeed. The article argues that the spark of ambition lies in one's genes, family, culture - or even in your own hands?
Many MBA candidates are learning many management and business principles, but whether they are applying it in their daily life and in business is a matter of conjecture. There are many MBA programs and accreditation institutions, but the confusing factor is how these accreditation bodies are rating these MBA Programs. Whether the parameters, which they are applying, are really applicable to an individual's business or professional success is questionable.