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Leaders at all level must be trained and equipped to challenge the status quo and old ways of doing things. Modern organizations require farsighted leaders who question old assumptions, rethink existing systems, and foster lasting progress.
Master of Business Administration (MBA) traces its origin to USA where it is believed to have come into existence not more than a century ago.
Though even today, people prefer to go for the conventional streams like, Finance, Human Resources, Marketing and Sales, the other fields too are equally remunerative. It is believed, candidates who have done business studies in conventional fields can work in any industry and have broader job prospects and to some extent it is true. But with the growing industries and demand in various sectors regarding a specialised MBA, the new ones too fetch a good career prospect.
Amidst all the challenges, the most significant is assembling a management team which can efficiently deal with the complexities of business operations in a globalized world, and at the same time position the organization to take full advantage of the opportunities that may come along in course of business operations.