Management Lessons from Sachin Tendulkar


Sachin Tendulkar who bid farewell to his ODI cricketing career recently has not just won titles like the Cricketing Maestro, Cricketing Legend, Master Blaster and many more for his worthy cricket skills, talents and achievements alone. He stands for much more than what the eye can see. He stands for humility, he stands for excellence, his focussed mind, his ability to take criticism and endure it with all modesty available on the planet. He has invested in his play and flawless skill-honing with brilliant organization skills that all management students and aspiring gurus can learn from. Adopt his principles of management at work to realise what was the real talent behind the bat! MBAupdates searches to extract some lessons to learn from someone who will never be seen in coloured clothes fighting hard for Team India.

Search Beyond Perfection

Despite being perfect and scoring as much as he did Sachin Tendulkar looked for perfection beyond his own limits. This was reflected in his strict regimented routine of net practice every morning. His discipline and hard work got him what he achieved in 23 years of his association with cricket. Similarly, managers should look beyond the normal trends to something beyond, something being the clichéd to discover products; prices and strategies that boost productivities ad help them achieve their goals. Try different methods to reach the same destination as the master blaster Sachin Tendulkar did.

Failure nor Success Erred Him

Sachin Tendulkar has played a very long innings, during which he earned tonnes of accolades for his performance on the field. However, he did not have a great time as a captain. Rather one would agree that his stint was criticized by many for the failures of the cricket team. Did this failure affect him? Maybe it did. But he did not let it reflect the same on his batting after he was relieved of the captaincy. There were numerous occasions when the armchair critics pointed fingers at him for not contributing when the team really needed. Every time he answered them by coming up with a brilliant knock that forced the same critics to sing praises for him.
Secondly, remaining grounded when one has succeeded requires traits that very few people possess. Tendulkar manages to do this with utmost finesse on and off the field.
Thus, the key is to stay grounded whether you are appreciated or criticized. It’s all about staying at your crease for a long time braving all odds and believing in yourself.

Focus On One Product

Each stroke of his was beyond perfection, each was a product that he perfected. But he focussed only on cricket. Amazing concentration levels. He never shifted focus. He did not let success get to working for his product, cricket! Yes time will definitely consume your patience, but alas if you get success like how Sachin Tendulkar got then would that not be worth it! Thus, do not put your hands in everything and do not try to be the jack of all trades, it only ruins your actual skill. Hear experts say … “his greatness is that he does the same thing that he has been doing for the last 25 years, but with greater passion every time he takes the field. He has never tried his hand at anything other than cricket. He feels most secure in his 2 1/2 square foot home called the batting crease,” clarifies R Suresh, CEO of the executive search firm Stanton Chase.
These are some of the star management principles that MBAupdates could gather form the cricketing career of the legend Sachin Ramesh Tendulkar.
Tendulkar epitomises the mind-set of wanting to grow from scratch even after achieving the greatness threshold. He never tends to cool his heels. Companies and CEOs too must always think of starting from scratch and keep up the tempo even when they hit their targets.

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XAT 2013 - What to Expect?


XAT, the Xavier’s Admission Test is a comprehensive common entrance test to gain eligibility into Xavier’s (XLRI) and other 70 prestigious B-schools in India for courses like One-year General Management Programme, Four-year Fellow Programme in Management and the Two-year Post Graduate Programme in Business Management (BM) and Human Resource Management (HRM). It is known to be one of the tough common entrance examinations. The analysis of the exams paper of 2012 will give you a clear idea about what you can expect in XAT 2013. MBA updates presents to you some of the best analysis of the XAT paper of 2012 and its consequent thorough student research and sample XAT papers assessment of the same.

The XAT paper pattern, as always is divided into the two major sections. The first one constitutes of analytical reasoning, decision making, verbal ability and logical reasoning of multiple choices. The second section will comprise of essay writing and general awareness. MBA updates analyzes the previous year’s paper and gives out the features for the benefit of XAT 2013 aspirants.

Part 1 of Question Paper, Analysis and Expectations

Analytical Reasoning and Decision Making made up 25 questions in 2012 down from 30 in the previous year. This is supposed to be the most difficult section. A student can be deemed to have done well if he/she manages to attempt 19 out of 30 having answered at least 14 correctly. The expected cut off can range between 7-7.5 if there are 30 questions asked in this section.

Verbal ability and logical reasoning made up of 34 questions last year 2012. This section turned out to be one of the easy going sections this year making it easier for all to score it up in it. It comprises of the English Grammar based questions, English Proficiency like Analogy, Fill in the Blanks, Para jumble, Cloze Test, and English Comprehension. The logical reasoning question is the more difficult to crack from the two with questions on Fact Inference Judgement, Passage Conclusion, and Statement Argument. Answering around 24 out 34 is a great possibility and a plausible 20 out of the 24 answered could lead to an expected cut off around.
Data Interpretation and Quantitative ability

This is section most feared by students as it requires great finesse and liking for quants and to top it all it definitely does take away most of their problem solving time dedicated to this section. Last year it questioned around 28 problems to students that were easy in nature and hence 2012 can step up the difficulty as an alternative. Answering around 19-20 is fantastic for this section.

Part 2

The essay section mostly hovers around topics and issues on the current affairs followed with the section on general knowledge and awareness. This is the show-stealer for all those not apt with data, quants and logic. The essay is to be written in 20 minutes apart from the 2 hour allotted time for the main paper.MBAupdates recommends that students should read out issues on social, economic and political issues on the country and international, a rather in-depth reading suggested based on the study of the sample XAT papers

Thus, evaluating the details above MBAupdates expects the XAT 2013 paper to be a slightly tougher than the 2012 paper. Prep up to the extremes for the best results. The XAT results are declared sometime around the end of January of each year the examination is held.

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Drop in Indian students going to US


 The US seems to be losing its sheen for Indian students as a choice of destination is concerned. In the academic year 2011-2012, the total number of students from India attending US colleges and universities mba dipped for the second year in a row.
As per the statistics, Indian students make up approximately 13.1 of the total foreign population in the country. The number of Indian students dipped 3.5 per cent from 103,895 in 2010-11 to 100,270 in 2011-12. The annual report by the Washington DC-based Institute of International Education states that majority of the Indian students study at the graduate (Master’s) level like mba.
India lost the top slot as the leading country of origin to China after the academic year 2008-09. In 2000-01, Indian enrolments surged 30 per cent, followed by two more years of strong growth (at 12 per cent in 2002-03 and 7 per cent in 2003-04). The increases tapered off in 2004-05 and then decreased slightly in 2005-06, before resuming much larger increases in 2006-07 and for the next two years. In 2009-10, the growth flattened, and China topped the list. It continues to retain the position.
The drop clearly signifies the emergence of new alternatives for students in terms of programs and institutes in other parts of the world. Moreover, the cost aspect also plays a very important and decisive role thereby making other options lucrative.

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Should Work Experience Be Made Mandatory For MBA Aspirants?


Whether work experience should be made mandatory for MBA aspirants is a highly debatable issue. This question has evoked many thoughts in students who are pursuing their MBA and those who are about to venture to do the same. MBAupdates would like to categorize the two significant schools of thought most accepted by the MBA communities in general. One is the old school thought which believes that what matters the most is your basic education till graduation, your grades, your essential scores of GMAT and CAT along with your final dash of group discussion and the personal interview that could help you grab the seat! The second thought promotes the added advantage of work experience to the aforementioned factors in your resume.

First of all, why do institutions want the students to have work experience? The major reasons for this could be the desire for candidates who are more serious. Those having already worked and come for an MBA course portray a rather determined attitude than a college graduate out to maybe merely complete his post-graduation for the sake of it. However, what is important here is to note that the numbers of students are increasingly proportionate to the growing population and thus, this also means that students are applying for MBA programs at a younger age. A trend very discernible and quite upsetting is that students go in for work experience before their opting for MBA and then forgo the actual MBA program because they are too settled at work and are already earning. And yes, it is fact that the process of quitting a well-paying job and coming back to studies after a few years is an ordeal and not quite motivating as the inflow of cash that the person is accustomed to, suddenly experiences a halt. Now imagine, even if an institution does persist on allowing entry to only experienced students what do they actually gain? Yes, they gain more motivated, determined and focussed students who can and are willing to go the extra mile to adopt strategic management practices as they have already worked and know how to segregate the practical from the impractical and the gauge feasibility of actual theory into practice as they already have some ground-zero familiarity.

Thus, MBAupdates, after seeing the basic premises supporting each side of the argument concludes that this is a purely contentious question that is highly subjective in nature. Even if an institution does look for experienced professional to make students of MBAs it really cannot hole up students who desire to pursue further MBA studies right after graduation. However, one really cannot deny that practical work experience does aid classroom learning experiences and other knowledge centres helping you to get even better salaries than you would have got being a fresher. Some institutes ask for work experience whereas some don’t. Most of the IIMs do not. Even the Indian Business School in Hyderabad does not enforce the work experience criteria on the aspirants.

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B-Schools Taking ‘CSR’ Very Seriously


The world of workplaces has undergone dynamic changes in the past few years with ethical, moral, environmental and sustainability issues doing rounds of the busy and ambitious corporate corridors. A company or an organization no more stands for mere products, sales, and revenue. It stands as a brand today. The value of this brand is dependent on many factors and amongst them Corporate Social Responsibility (CSR) is turning out to be a game changer. B-schools design and focus on training their applicants in a way that would give them options when they step out into the tough corporate world.

CSR reflects the onus of the organization, corporation or company to imbibe and respect the principles of ethics, morals and sustainability to the employees. The treatment meted out by the employees to a great extent affects the fabric of the company and consequently affects the brand name or image. B-schools have been stressing on educating the students about CSR and have managed to receive good responses from the same because of two important factors. With the created awareness about the CSR issues, there are many students who are willing to take off-beat career paths with non-governmental organizations and CSR departments of major companies.

Another riding factor is that most of the organizations, be it small players or multinationals today are willing to invest in CSR as their image is associated with it. Hence, students don’t mind taking this path as corporates are ready to pay huge sums of salaries to CSR employees and heads in their organizations. There is a lot of scope for work and growth in the CSR departments of organizations leaving students with no complaints for entering this sector. Business schools are taking up CSR seriously as the demand for CSR specialized students have been increasing and so are the companies’ demands for accountability, responsibility and transparency.

CSR departments offer students with a totally new set of responsibilities. It is no more about charity and visibility of an organization in the world, but rather a strategic move that can dictate investor relations and employee performances as well as company targets and achievements in all spheres. Philanthropy is just a part of the many activities conducted by CSR employees. It includes involving ancillary industries along with employee social and economic benefits in the final game plan of the company.

Amongst the good international B-schools offering good CSR courses to MBA students are Stanford, Harvard and Wharton. In India, some B-schools offer detailed two year MBA programs in CSR and ancillary field assisting students to develop a career in them. Amongst the few sought after B-schools in this field include the Narsee Monji Institute of Management Studies (NMIMS) and the Entrepreneurship Development Institute of India. 

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Cracking the SNAP Test 2012


Since 2009, SNAP has followed the same pattern. The number of questions also increased from 2009 as compared to the previous years’ question papers. Moreover, the overall paper format also became quite predictable. However, it is strongly advisable to keep in mind that it would not be a smart move to approach the test assuming that the format would remain the same this year as well.

Let’s have a look at each of the sections of the SNAP and analyze on the basis of the previous years’ papers mba.

The Quantitative section more or less covers the topics like Time and Work, Ratio and Proportion, Percentages, Time and Distance, Averages, Profit, Loss and Discount. The Data Sufficiency was present in 2008, absent in 2009, present in 2010 and again absent in 2011. Thus, if the alternating trend is considered, it would be wise to practice a few DS questions just to be on the safer side. Again the presence of Geometry and Mensuration has been very prominent in 2011. Thus, it is advisable to revise the formulae for area and volume of common geometrical figures. The Data Interpretation constitutes of a formidable proportion of the section. The questions are not as calculation-intensive as the ones in some other tests like XAT or IIFT.

The LR section is considered to be one of the most important sections in the SNAP and is scoring as well. However, the real challenge is to select the right questions to attempt as they come in sets. The fact that the simplest of questions are scattered over the different sets makes this even trickier.

The Critical Reasoning questions are not very popular in the SNAP but they usually appear in the LR section. In 2011, about 30% of the LR section constituted of such questions. This is a very significant considering each question was worth 2 marks and there were only 30 questions in the section. Bottomline? Revise these questions very well.
If the previous tests are looked into, the RC is not very predominant in SNAP mba. However, it is advisable to focus on Vocabulary, phrases and idioms, spellings and grammar which are very important in this test.

The General Knowledge section in SNAP is considered to be very tough and aspirants are apprehensive about the same. However, here are a few tips that SNAP test takers can consider:

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Should there be an age limit for doing an MBA?


 Education should not be restricted in anyway, neither by caste, creed, gender or religion and neither by the age of a person. Knowledge is to be shared and hence it should be accessible to all. Thinking about an age limit for students aiming to do an MBA course, let’s think why should there be a limit in the first place? What sense does it make? Is there any logic to stop a person from gaining admission into a top business school because of nothing but an inconsequential factor called ‘age’? Age does not affect any credentials required to pursue any program. It does not require physical fitness to study and neither does it require pretty young looks to fetch good ranks and enrollments in high ranked business schools.

The current trend witnesses an increase in the number of younger students admitted with some major B-schools letting go off the criteria of work experience while choosing candidates. Harvard Business School has started recruiting young scholars for their MBA course. They aim for students having completed 3 year of basic graduation. The average age of students in MBA programs has fallen to 26. Earlier, the norms were slightly different with candidates desiring to earn a solid and credible work experience of at least 2-3 years and only then apply for good colleges with the GMAT or the CAT scores. Thus, did things go wrong when older students were given admission? The answer is no! Older students have their own maturity levels; their grasping power is more as they have a few years of work experience. That lends them practicality at work making better students for reputed B-schools.

There are many other important guiding factors regulating the debate of whether should there be an age limit for doing an MBA.  For example consultancy positions are out of question for very young MBA graduates thus making older MBA students are fairer choice in the deal. Another very essential factor why age limits should be strict no-no is because institutions must consider human and monetary factors. As known, MBA courses are expensive and hence one cannot deny students who hold the possibility of pursuing MBA later in life after personally having earned the resources to afford one. Some students could have also gotten late for an MBA program due to unforeseen personal reasons.

MBAupdates sees no reason or logic as to why should there be an age limit for students who desire to pursue their MBA. The research done by MBAupdates show only positive impact of the students acquiring such degrees at older ages and has found nothing adverse to advocate age restrictions.

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