Wednesday, September 30, 2009

Playing the Game at the Top: Your MBA Might Be DOA


by Fenorris Pearson

Once upon a time your MBA was the gold standard; a guarantee for eventual and all-but inevitable success in your chosen profession. Today the starting line has moved; an MBA is still crucial for the well-rounded, would-be consummate executive, but no longer the gold standard by which success is currently measured.

Even those reliable old yardsticks by which past business success was calculated – hard work, seniority and massive overtime – no longer ensure you the success you desire today. Many men and women have built their fortunes on these skills alone in the past, but times are changing at a critical pace, and it is important that you keep up. There are thousands of MBAs awarded every year, and the cookie-cutter approach to business success has evolved. How are you going to be different from every other MBA in the country when it comes to finding your path to success?

Here are some things you can do to rise above your MBA, make yourself relevant and prepare for the real world:

1) Never forget that the world is changing: With the increased used of technology, business models are adapting, corporations are changing their strategies, industries are rising and others are dying. Make sure you know where you fit in this bold, new world and don’t assume that you are living the same life you would have lived in 1989. The textbooks used in your MBA courses might have worked for business models in the 1990s, but they may become obsolete in the new millennium.

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