A Win-Win Situation Issues - Essay Example

I believe in the value of both academic learning and real-world experience. The theory provides structure and direction; experience enables practical application. Both are equally important to the successful outcome of any endeavor.

With my present employment, I am getting plenty of hands-on experience. Unfortunately, I have only my common sense and what I can pick up on my own to guide me. I need the tools and tutelage that only an MBA can provide to be truly effective and productive.

Currently, I am responsible for directing operations with accountability for revenues and profitability; negotiating loans; developing and implementing budgets; developing marketing strategy and implementing marketing plans; directing manpower planning and development; and managing professional, technical, and support staff. I am doing all these things adequately without formal training. But just think of what I could accomplish with the right training—MBA studies. My performance of all these activities could be immeasurably enhanced and my employer would reap the benefits, as well. It would be the proverbial “win-win” situation.

Studies in finance and accounting would help me to budget more effectively, enable me to analyze strategies to maximize company profitability, and in general increase my understanding of the financial infrastructure of the company. What an advantage it would be to have the perspicacity to spot a valuable investment and know how to verify such a conjecture.

Business law is another area that would have helped a great deal when I was responsible for finalizing the legal aspects of establishing a real estate company. Negotiating loans, interest rates, and contracts are all part of my responsibilities—all areas where I would welcome being taught the finer points.

Furthermore, I hope to expand my knowledge of global economics and international business. Communications are instantaneous and markets fluctuate as swiftly. Working for and growing a company is no longer a local endeavor—it can have global implications. Marketing must be sophisticated to appeal to a savvy public. MBA studies address all these areas where I hope to gain a more solid foundation.

There is no denying that this is an age where high-tech rules. The ability to make the tools of technology work for my company and me is paramount. I already have a reasonably solid computer background, but am eager to hone my skills. I envision new applications in various industries and hope to have the ability to see these ideas through to fruition.

Gaining expertise in all these areas is important, but even the most adept financial or economic technician accomplishes little without the help of others. Sharpening my people skills is perhaps the most important and most difficult area of study I could undertake. Even the best leader cannot do everything by himself. That is why I feel that studying the management of organizational behavior is so vital. Making efficient use of manpower, and being able to motivate employees at all levels—that’s a challenge. The goal, to me, is to get the most that each person has to give while giving the most back to that person. Mastering the science and art of managing people is what sets great leaders apart.

Can this course of study make me a financial wizard, an international economics expert, or a leader of industry and people? No. Only I can do that. What these studies can provide is a solid foundation from which I can build my abilities through experience. It is much like constructing a building. A hammer and nails aren’t enough to build a house, but they will hold it together. Similarly, a solid educational foundation won’t create a successful person; but it can provide the tools with which to build a solid business career.

I have a proposition for you. You provide the scholarly guidance and I’ll provide the mind-sweat, dedication, and vision for the future. It’s a win-win situation.