Society, all across the globe, has battled against recession many times and survived despite heavy odds. Leading and managing companies during recession had been a different ball game. Companies/managers adopted different strategies during recession. Some went bankrupt, some were acquired, or became private. An article published in HBR stated, “companies that balances between cutting costs to survive today and investing to grow tomorrow – often do well after a recession”.
There were six global recessions since 1970: 1974–75,1980–83,1990–93,1998, 2001–02, and 2008–09. Managers, during adverse conditions, find making trade-offs difficult and decision making becomes sclerotic. Managers need to develop and retain talent amidst retrenchment, salary-cuts, and fall in budgets as organizations across industries are under tremendous pressure to sustain.
As the demand for skilled professionals is on the increase, the trend of opting Masters of Business Administration is on the rise.
City of Bhopal, Madhya Pradesh happens to be one of few destinations for students aspiring to take on management studies as there are few eminent B-Schools imparting quality education and business skills. Of late, the institutes have become a Center of Excellence as they have been able to produce the much needed, industry-ready multi-talented leaders groomed to do well even in adversaries.
Why select MBA colleges in Bhopal for pursuing business management training programs?
- The main purpose of B-schools is to build a unique and creative direction for organized management education. This thing ensures that most of the Bhopal business schools offer brilliant teaching approach to help the students for getting the better understanding of managerial functions.
- Institutes conducts lots of business conferences, workshops, management quiz, seminars to the students for developing the leadership qualities that will make them managers in future. It helps to understand the real environment of industry and how the professionals survive in it.
- Faculty of the b-schools in Bhopal is a combination of various things like – core, guest and visiting faculties which are highly experienced and called as management gurus, entrepreneurs, etc.
Sonam has done her B.E. in Computer Science & Engineering. She happens to be a passionate content writer with 4+ years of functional experience and has varied interests in technology, travel, tourism and management related areas.