MBA Career Aspirations: Achieving Goals, Shanghai, Entrepreneurship

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This essay details the author's short-term and long-term career aspirations following their MBA studies. The short-term goal involves working with a multinational corporation, focusing on marketing, employee management, operations, strategy, and logistics to enhance product quality and customer satisfaction in the competitive Asian market. The long-term goal is to establish a marketing consultancy for multinational organizations, capitalizing on the increasing importance of effective marketing. The author reflects on the impact of studying in Shanghai, highlighting China's economic growth and its potential for supporting these career goals. The essay also recounts an entrepreneurial experience in logistics management, where restructuring the reward policy improved employee motivation and company reputation. The author concludes that these goals and the choice of Shanghai are crucial for success in the Asian market.
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Running head: MBA CAREER ASPIRATIONS
MBA Career Aspirations
Name of the Student
Name of the University
Author Note
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1MBA CAREER ASPIRATIONS
Introduction:
The modern day organizations are observed to be significantly inclined towards the
effective management of the business operations of them. The urge from the part of the
organizations for having the scientific management of the business operations is a significant
factor responsible for the increment in the interest of the people for having the MBA studies.
The paper is focused in the elaboration of my short term and long term career aspirations
after completing the MBA studies. At the same time, the paper discusses the impact that
Shanghai will have on my MBA experience along with the description of the entrepreneurial
experience.
Discussion:
Part 1:
The short term goal that I want to achieve after the completion of my MBA study is
working with a multinational. Being a student of MBA, I am responsible to take care of
various parts of the business. My primary or short term goal is to utilise my knowledge of the
marketing, management of the employees, the management of the operations inside the
organization, creation of effective strategy for the increment of the generation of the revenue
and at the same time, I also want to manage the logistics. The modern business industry is
observed to be significantly affected by the reputation of the company and in this case, I want
to make sure that the quality of the products or the services that the company will offer to the
customers belong to the optimum quality. As the competition in the Asian markets is notably
high due to the entry of the considerable number of new companies into the industry, my
objective will be to make sure that the preferences of the customers and the satisfaction of the
customers is monitored closely in the organization which I will manage. This will be
significant in the generation of revenue for the organization and contribute to the growth of
the organization. The goal is expected to be achieved within 2 years from the completion of
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2MBA CAREER ASPIRATIONS
my MBA study. Apart from that, I have a long term goal of establishing a multinational
company for the management of the marketing of the businesses. The impact of the
marketing is pretty visible in the modern business industry. The effective marketing of the
products is seen to have the equivalent importance of the improved quality from the
management of the organizations. Many of the new companies are seen to depend on such
consultation agencies which will be able to provide the maximum limelight in the industry
and the growth of the survival of such new companies depends on the effective marketing of
their business operations or the products and services that they will offer to the customers.
Hence I have the objective of creating a company that will undertake the promotional or
marketing campaigns of the multinational organizations. It is expected that I will be able to
achieve this within 10 years from the completion of MBA study.
Part 2:
My organization for MBA was from Shanghai, a city that is heart of a massive
economy in the form of China. The emergence of China is seen to be significant as it is
taking giant steps towards the achievement of the status of Asian’s most developed economy.
It is pretty evident that the Chinese economy is gaining the potential of becoming world’s
leading economy and the wide range of companies that are becoming the market leaders in
their specified industry is making the country more developed. Several researchers and
business analysts are able to communicate their prediction for the development of the
country’s economy with the effective finding of the statistics for the venture capital deal
volume where the Chinese are able to overcome United States. The statistics of China in the
mentioned aspect in the year 2017 is seen to be 63.07 billion US dollar compared to the 76.43
billion US dollar of US (Treasury.gov. 2019), whereas it changed drastically in the following
year where china is able to overcome the mark of 44 billion dollars of US with their 60.29
billion US dollars (English.gov.cn. 2019).
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3MBA CAREER ASPIRATIONS
On the other hand the rate of the unemployment, inflation and the available assets in a
particular country is reflected through the GDP growth rate of the country. In this aspect the
annual change for china in the year is seen to be 6.9% compared to the 2.3% and 3.1% of
United States and Spain respectively (Data.oecd.org 2019). However, Shanghai is a part of a
country which is becoming developed in the various aspects like the technology, internal
business and the finance, the city is pretty special to me. Along with this, the choice of the
city with Shanghai will be significant for me in the achievement of my two goals which are
the establishment of my marketing company and the service of mine in the one of the
multinational company of the city.
Part 3:
The entrepreneurship is a concept which is more related to the absence of existence of a
particular element. The entrepreneurial ideas are observed to provide solution to the
identified requirements or the necessity of a business idea. The entrepreneurship is more like
providing a particular solution to an identified need or the creation of a concept that is not
established but may have the potential to be more profitable compared to the existing
solution. Hence it is not physical element or something that is used, rather it is something
which is created inside entrepreneur’s brain and yet to have the practical implementation.
One such event took place with me where I needed to go out of the box and think for
the solution. It was actually in my own logistics management business. I observed that the
employees of the organization were not highly motivated to conduct the operations. My
company was facing significant amount of troubles due to the issues like the management of
the deliveries, the effective set up of the priority order and the lack of urgency in managing
the on time delivery. Along with that, my company was not able to increase the number of
customers. The company was losing the reputation of it in the market which was one of the
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4MBA CAREER ASPIRATIONS
crucial reasons behind our incapability of increasing the number of customers. Being the
responsible person, I evaluated the case and consulted with the employees of the workforce. I
was able to identify the ineffectiveness of the existing rewarding policy. However, the
existing rewarding policy was fruitful according to my consideration. However, the
employees were observed be unhappy with it. Hence I tried to restructure the rewarding
policy where I provided strong focus on the issues like on time delivery, the increment in the
number of delivery and the adaptability to the emergency situation. Depending on the three
mentioned aspects, I changed the rewarding policy and the main basis of the rewards now is
those aspects. However, this forced me to compensate some amount of revenue but the
classification of the rewarding policy depending aspects made sure that my company be able
to recover the reputation and strive towards the achievement of more revenues and increased
number of orders.
Conclusion:
On a concluding note, the choice of the goals are notably important for me as a
student of MBA and at the same time, the choice of the city will be of great significance as it
will provide me a marketplace that is having the maximum growth in the Asian markets.
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5MBA CAREER ASPIRATIONS
References:
Data.oecd.org 2019. Spain - OECD Data. [online] Available at:
https://data.oecd.org/spain.htm
English.gov.cn. 2019. Ministry of Finance of the People’s Republic of China. [online]
Available at: http://english.gov.cn/state_council/2014/09/09/content_281474986284115.htm
Treasury.gov. 2019. US Department of the Treasury. [online] Available at:
https://www.treasury.gov/resource-center/data-chart-center/digitalstrategy/Pages/data.aspx
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