Monday, September 13, 2010

Basic Business Management Skills for HR Career


This Post I would be concentrating on the generic skills required by Management Graduate irrespective of the Specialisation.
The qualities required based on the level and intensity of the responsibility that are listed and also the Industry and company positioning in the market.


Generic Skills for MBA’s:

Business Presentations

Business is all about presenting -- a product, Service or concept. The ability of understanding the business and creating great and memorable presentations using the Software & Other Productivity Tools (Online / Offline) is the key to success in today’s environment. In today’s environment Business Manager spends more than 30% of the time in making presentation for internal or external customers. Marketing SELF starts with making excellent Business presentations hence the need for this Skill.


Business Modeling & Analysis

Business modeling and Analysis would be a combination of ability to anlyse the market needs and integrate to create new products/services whether for internal customers or external customers. The candidate should have excellent skills in using most for the Business Analysis tools from pure statistics to software tools viz. SPSS etc.,

In this case the candidates ability to create a business model which take into account of all the functions of running an organization and integrating them for designing and delivering products and services. A plan of action and steps in achieving and measuring the business would be a great skill welcomed by organizations.

Strategic Thinking

Business decisions have two levels – Strategic and Tactical Issues. Typically the MBA’s must have a strategic thinking and the ability to support decision which influences the business. Tactical is the translation of strategic direction into implementation ability. Should be aware of all the controllable in the hands of Organization and steer for business productivity with specific measurements. This is possible by involvement of the Individual in understanding the business and ability to look at the nitty-gritty’s of business impact. Must have a futuristic thinking in creating, planning and executing issues in their respective functions/assignments.

People Management:

This is on of the most expected common skill and bears a great impact on the MBA’s when they start working and growing. People Management is the ability to understand the dynamics and able to integrate smoothly in running Business. It is the ability to establish, co-ordinate, communicate and brining commonness in synergy for Business.

This is the skill which challenges to integrate the Humane, intellectual & Factual information to forecast the people behaviors and help them to do well for better output/business results. This skills translates into better output when an individual uses all the Communication (Oral/written/Non-verbal) methods effectively and equally using the abilities discussed here in this article.

Problem Solving:

Problem Solving is the ability to build effective solutions for possible business needs / challenges/emergencies. The ability of individual to find the root of the Problem & use all the tools and information for creating effective longterm solutions in Business environment. This also includes the ability to handle any adverse situations on the job handle effectively.

It is the ability of the individual to ensure the integration of business need and the situation in question for taking effective decision making capability. Uses all the information, available resources and translates in workable solution as part of this ability. This is the ability of individual to bring solutions by looking at the SWOT (Strengths, Weaknesses, Opportunities & Threats) of the firm both from internal and external perspective.


Service Orientation:

In today’s business every business success depends on the Service orientation of the organization. Service is no longer is restricted to a product or to a company and its one of the most single distinctive factor which others can’t copy or replicate so easily.

Service orientation is the ability of the individual/group to see customer centric support that can be provided through various products and services that company is offering to ensure highest level of satisfaction. The individual should be able to see the service part of the product and improve presenting and responding to the customer for greater satisfaction.

In the following Weeks we shall focus on the qualities/skills required for building great HR careers.....

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