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The Economic Recession - Essay Example

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The paper "The Economic Recession" discusses that in order to be a successful manager, an individual is necessarily creative, foresighted and is a good leader. In the following text, the author has narrated how the author made use of these intrinsic qualities of a personality in the profession…
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The Economic Recession
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Extract of sample "The Economic Recession"

This was mainly due to the lack of transparency between management and employees. My firm believes that an organization can reach its maximum potential if its members are allowed to honestly provide as well as accept constructive feedback as it makes the circumstances conducive for mutual growth. Following this belief, I took the risk of singlehandedly approaching the higher management and suggesting they foster open communication where employees and the management could discuss the sales and marketing plans with each other as a team.

Initially, my proposal met with disapproval and I was criticized for being a non-conformist. Nevertheless, the skepticism soon turned into acknowledgement with the implementation of the communication policy as per my suggestion. Management realized the benefits of having the company share future plans with the employees more responsively. Accordingly, it opened a new channel between the employees and the management. Later, I asked myself what had made me flow against the mainstream. It dawned upon me that this incident was an outcome of the very character-building exercise that I was doing since childhood.

That exercise encouraged me to rise and face such situations with integrity and perseverance. I was the leader of a project for a pharmaceutical client. We had to implement a SharePoint – InfoPath solution. As it was our first time with a pharmaceutical client, we just made sure that the estimates were objective and optimistic enough to win us the complete project. The actual design consumed considerably lesser time to be made than it does normally, though I strongly believe that if 80 per cent of the total time on a project is spent on designing and clarifying issues, development takes no more than 20 per cent of the time.

I resolved to take added responsibilities in order to make sure that we did not miss the deadline. I got more involved in the Initial Client Requirements phase and provided inputs at each stage in which the expectations sounded unrealistic. Besides, I gave the development team a go-ahead as the design progressed so that the simultaneous work would save time for the execution of the project. Back in India, I got an opportunity to work with one of the leading airlines in the country. While working on project proposals for them, I learnt that for every extra minute that a dead ticket lays on the centralized ticketing server, Sabre, the airlines are charged.

I thought that a lot of money could be saved by taking care of these dead records. To achieve that, I developed a program in just two hours that a team of 12 people used to do in three shifts around the week. The client appreciated me for showing the way to save 5 million dollars annually. Although these incidents do showcase my managerial qualities, yet I feel an urge to enhance my leadership and managerial skills. I am positive that I can achieve this by attaining an MBA degree from one of the best business schools in the world like ABC.

I hope that the renowned faculty in the MBA program at ABC can help me achieve more, reach the apogee of my potential both personally and professionally and put me on the path to success.

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