When I see graduates rushing for an MBA degree in order to “boost their career”, I wonder if it is the only way to boost one’s career? I don’t know what they teach in B schools. But when I see most people who are top achievers in the corporate world, I find that most of them do not hold an MBA degree or equivalent. Dhirubhai Ambani was a non MBA. He made india’s biggest business empire from zero and many MBAs including his sons are busy running his business. Ghanshyam Das Birla created a similar business power house and his grandson Kumarmangalam Birla, an MBA is running it. Same holds for almost all the big enterprise creators e.g. Richard Branson, Steve Jobs, Bill Gates, Steve Balmer, L.N. Mittal, the founders of Infosys and a host of successful companies of today. The other day I was reading a story in “The Week” about a 10 class pass guy from Pune who started as an unskilled laborer and today owns a Rs100 Crore company manufacturing power equipments. Many MBAs are working in his company to take care of his business. Then I watched “The Pursuit Of Happiness” where the hero builds a business empire struggling all the way with no college degree.
All these thousands of examples force me to believe that an MBA degree, or any degree for that matter, is not a prerequisite to excel in business. It needs something that is not taught in the college. Possessors of “that thing” create businesses and possessors of degrees work under them to run their business.
5 comments:
Sushil, just suggesting a small correction. Satyam founder Ramalinga Raju pursued his MBA from Ohio University and has attended the Owner/President course at Harvard before starting business in India.
Seems like someone is really bugging you to do MBA :).Jokes apart,i feel learning or taking specialized courses helps to prevent from re-inventing the rules.From experinces,people set some rules,facts which we come to know in these courses.Yes,its not necessary.We are free to set our own theories,which usually suits more to us (an individual).But to set a superior theory,either need to know all other theories OR need to get that practical experience.Choice is ours.
Thanks Arvind. The correction is done. Keep writing your views.
Dear Chetan, I feel honored to know that you read my blogs. Keep sharing your views, it helps.
Offcourse i do buddy.Becoz i feel worth reading.
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