It goes without saying that managers are busy people. They have to run their businesses in an increasingly difficult economic environment that insists on changing nearly every day. The extraordinary boom in technological advancement that the world has seen over the last few decades is having a profound effect on businesses and the economy. Businesses have to keep up, which means those who manage them have to keep up.
Balancing professional commitments with new learning
What is even more difficult for managers in this day and age is finding the time to update their knowledge, hone their skills and come at management with a fresh approach, while trying to actively manage at the same time. A company cannot just stop so a manager can go off and learn new things about business and how to manage. But there are student weekend MBA programs that can take the pressure off. Such programs offer part-time weekend study on a flexible basis over two years, which consists of only seven three-day weekends and three additional Saturdays. A range of dates and options and such a long period of time to fit them in mean that busy practitioners can undertake these courses with minimal if any impact on their professional commitments.
The changing face of leadership
Management and leadership are changing all the time. The role of a manager is no longer delivering a sequence of orders. Influence and communication, as well as wider knowledge of human resources, marketing and the business environment, are more important now than ever. Moreover, different styles and theories about leadership and management continue to spark debate. They need to be rigorously assessed by all those in management in the fast-moving, cut-throat business world of the 21st century. One wrong move – and a whole business could collapse instantaneously. Managers need to learn about different styles of leadership, and work out why and how they are successful, or how and why they fail. They should think about management by walking around, a popular approach heralded by Tom Peters and Robert Waterman, next to the more demeaning approach of Steve Jobs and Bill Gates, who have both enjoyed enormous accomplishments.
MBA programs help managers to consider this by offering modules to aid understanding of a range of concepts. Those on the courses will learn about different leadership styles and management structures; the influence of internal and external factors on management and how they are continually changing; and the impact of human resources, business strategy, accounting, marketing and communication on the role of a manager.