Management Practices Assignment (Doc)

Management practices

Executive summary
Management practices refers to the method of working with innovation that managers
uses in order to improve the effectiveness of work system. Master in Business administration is
considered to be one of the most prestigious in the world. It makes a student effectively apply
different theories and business and management principles. The present report includes the
assessment on the skills and knowledge that students get in their MBS course. Further,
assessment of the wider experience will be included in report. Different qualities of leadership
requires in placement organisation will be reported.

Table of Contents
INTRODUCTION...........................................................................................................................1
1. Assessment of skills and knowledge gain in relation to MBA course....................................1
2. Assessment of skills and knowledge based on wider experience both before and while
MBA course. ..............................................................................................................................2
3. An assessment of the leadership qualities required in placement organisation......................3
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................5

INTRODUCTION
Management practices refers to the method of working with innovation that managers
uses in order to improve the effectiveness of work system. Some of the management practices
includes the empowering the staffs, training the employees, introducing schemes in order to
improve the working qualities. In the business world, such management practices plays an
significant roles in the success of an organisation. With the effectiveness of its role, many
students are looking forward their career in management field. Master in Business administration
is considered to be one of the most prestigious in the world. It makes a student effectively apply
different theories and business and management principles. The present report will assist in
identifying different skills and knowledge that a students develop from MBA studies. Further,
report will analyse the wider experience of a student from MBS studies. Report will highlight the
leadership qualities that required by a student to be placed in organisation.
1. Assessment of skills and knowledge gain in relation to MBA course.
Master in Business Administration is can be termed as a key which would assist the
students to gain and sharpen their business skills and assist in providing a sense of professional
fulfilment (Noe and et.al., 2017). I can say that, from my MBA course I have gained different
skills and knowledge which assist me in boosting up my confidence and would also assist me in
preparing for placement. Following are the skills and knowledge, that I have achieved in through
my MBA course:
Strategic analysis and thinking: being an MBA student, I have been thought of
developing ability in order to conduct research on various projects and effectively analysing data.
Throughout my MBA, I have developed an effective ability of proficiently providing feedbacks
and in-depth analysis on various business discipline. It will not just help me in placement, but
will also make me to shine in my workplace.
Communication: I have analysed that in order top present my idea and concepts in my
professional life, I should have effective presentation and verbal skills (Bloom and et.al., 2012).
Through my study and diverse range of different task and practical knowledge, I am able to
sharpen my communication and speaking skills in order to tailor my message to different
audience.
1

Problem solving kills: Being an MBA students, we have been asked to to be a critical
thinker with different strategic view regarding several business issues. It helps me to develop a
different view for the professionalism and assist me in developing critical thinking skills. During
mu course, I have been asked to understand several critical circumstances and identifying issues
thinking strategically (Pfeffer, 2014). During my theoretical experience that I have learned from
solving various case studies, I finally got able to be an effective critical thinker.
Other than this, there are various skills and knowledge that I have learned which includes,
leadership quality, teamwork ability, ability to leverage technology, time management and
project management skills.
2. Assessment of skills and knowledge based on wider experience both before and while MBA
course.
Skills Pre-experience Throughout study
Communication-skills I have analysed that during my
graduation studies, I posses lack
in my verbal communication
skills. I use to feel nervous and
hesitate while giving speech or
presentation.
At time of preparing for the
placement, I have identifies that
my MBA course has provided
me various opportunities in
order to improve my verbal
skills. Thanks to the different
range of task throughout the
MBA I came to develop more
complex business language
skills.
Leadership and team
building skills
Before my MBA studies, I do
posses effective team building
leadership skill as I use to
participate in different events and
extra-curricular activities
(Storbacka, 2011).
During my MBA course, Igot
an opportunity to enhance my
leadership skills through
attending events, group-studies
and research projects.
2

Technical skills Before my MBA during
graduation times, I was very weak
in software and other technical
skills.
Since the technological skills
are very most effectively use in
business world, My MBA
course has thought me different
business software and related
programmes.
Critical Thinker It is one of the most important
skills that is required in an MBA.
Before my MBA studies I lack
these skills of understanding
resolving critical situation.
With my MBS studies, It helps
me in developing critical
thinking skills (Bender and
et.al., 2018). During my course,
I have been asked to understand
several critical circumstances
and identifying issues thinking
strategically.
3. An assessment of the leadership qualities required in placement organisation.
In order to get placed, I have identifies that most of the organisation are looking for
specific leadership skills in a students (Kerzner, 2018). It can be said that a student has to be
require certain leadership qualities. As per my assessment following are some leadership
qualities that will be required by placement organisation:
Quick Learner: I have analysed that, most of the organisation wants to recruit a students
who has the quality and ability to acquire new skills faster. Being a quick learner, a student can
boost up his efficiency and would take minimum time in his training.
Interpersonal and communication skills: I have studies many times that an effective
leader is one who possess efficient interpersonal skills. It will assist him to be calm and patient in
the pressurize situation in workplace (7 Leadership Qualities, Attributes & Characteristics Of
Good Leaders , 2019). I have analysed that many a time, communication skills is one which
makes the organisation to take decision of selecting a student.
3

Problem solving skills: Being an MBA students, I can say that problem solving skills is
one which will assist a person to become an effective leader who can lead their team member in
difficult situation.
CONCLUSION
By analysing the above report, it can be summarised that management principles in vital
to be as it assist a manager to improve the effectiveness and efficiency of the working method.
There are various management practices that occurs in an organisation. With the increasing in
the competition in business world, students are opting for management as their career path. It had
been analysed that, there are various management practices which a student can opt to choose for
their career. From the report, it can be concluded that Master is Business Administration is the
most prestigious studies which assist a students to be prepared effectively to apply management
practices in their work life. The present report has concluded skills and knowledge that a students
develop from MBA course. These skills and knowledge is very essential in placement process.
Further, report has identifies the skills and knowledge that students experience before MBA and
throughout MBA. Later, various leadership qualities are analysed that a company will require to
have in student in placement process. It can be said that MBA in an effective course for a
students to provide various skills and knowledge which will assist him/her in future career path.
4

REFERENCES
Books and Journals
Bender, S. and et.al., 2018. Management practices, workforce selection, and
productivity. Journal of Labor Economics. 36(S1). pp.S371-S409.
Bloom, N. and et.al., 2012. Management practices across firms and countries. Academy of
Management Perspectives. 26(1). pp.12-33.
Kerzner, H., 2018. Project management best practices: Achieving global excellence. John Wiley
& Sons.
Noe, R. A. and et.al., 2017. Human resource management: Gaining a competitive advantage.
New York, NY: McGraw-Hill Education.
Pfeffer, J., 2014. Business and the spirit: Management practices that sustain values. In Handbook
of workplace spirituality and organizational performance (pp. 43-59). Routledge.
Storbacka, K., 2011. A solution business model: Capabilities and management practices for
integrated solutions. Industrial Marketing Management. 40(5). pp.699-711.
Online
7 Leadership Qualities, Attributes & Characteristics Of Good Leaders . 2019 [Online] Available
through:<https://www.briantracy.com/blog/leadership-success/the-seven-leadership-
qualities-of-great-leaders-strategic-planning/>.
5