To be a successful business executive has been the dream of many business students over the years. People in power suits always seem to be sitting around plush offices with views of city skylines; jet around the world to attend important meetings, and their names just resonate with money and power.
You have most likely seen a CEO on TV, in the news or in reality TV. You might even be working for one. If you have the ideals of being one of them, a good way to start is to simply think like one. Here are four thoughts that will run through the head of any effective business student, the future business leader:
#1 Business is War
Business is a cut-throat environment. You have to adopt good management and marketing strategies to stay competitive. Know your strategies well and execute them better. That is why books like Sun Tze’s “Art of War” are still relevant in times today.
– Act on your decisions once you have found the most effective and efficient solution.
– Plan your solutions with a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis. This will give you a good overview of your business and show where improvements can be made in your business.
– Encourage team effort to make taking down that big project easier!
#2 Think Big
Vision is important to any successful organization. Your ambitions will give you the passion to succeed in a competitive environment. Thinking big is the first step to achieving your goals.
– Observe highly effective business professionals like Bill Gates or Richard Branson. They have succeeded with sound business plans and strategies. Learn from their success cases.
– Doing this allows you to begin with the end in mind. Working your way towards a visible goal will allow you to focus your efforts better, thus wasting fewer resources.
– Tip: Any successful business is capable of running without CEO supervision. Keep this in mind when drafting your business plan.
#3 Embrace Constant Change
Kaizen is Japanese for “good change”. Change is the only constant in reality and no business plan will stay effective over the years. Some elements will remain classic, while some will fade into obscurity. This technique focuses on continual small changes to avoid the need for over-working to achieve something.
– Keep researching on customer preferences and updating your products to suit their needs.
– Maintain discipline to keep up the work. Consistency is needed to maintain the benefits of this strategy.
– High morale is crucial to developing a good chance. So think positive and adopt a mindset that nothing is impossible.
#4 Stay Competitive With the Latest Business Trends
Enrolling into a good business school will teach you the ropes on how to maintain a business. The school will give you the opportunity to:
– Learn from experienced lecturers who can teach you current and relevant business techniques.
– Experiment with solutions and make mistakes in a simulated environment and not in your business.
– Draft your ideal business plan that you can execute after graduation. Several business students have turned their college projects into real businesses.
Want to find out more about the best business schools in the Asia Pacific? Send a simple inquiry to one of our professional education consultants to explore your options.
If you run through the districts at the heart of the world’s great financial centers, few, in all fairness, are held to be the most interesting places to visit for the average tourist. But popular perceptions can so often be misleading. If you’re a student in the first year of a BS in business administration or a group of friends about to complete their business administration degrees, for instance, you could hardly hope for a more fascinating or valuable trip – after all, it makes sense to get a feel of what they’re all about before you find yourself there for real!
And it’s to that end that this roundup of three of the world’s essential travel destinations for a business student was put together…
Whether in literature, on-screen or in the popular imagination, Wall Street is simply synonymous with finance. Running east from Broadway to South Street on the East River through the heart of the city’s financial district and home to the New York Stock Exchange, it is still the central nervous system of the global economy. And you only have to stand, gazing up at the vertiginous buildings that line this bustling thoroughfare to feel its aura.
While it’s hardly held by visitors to New York to be one of Manhattan’s most interesting neighborhoods, scratch beneath the gleaming, corporate surface and there’s more than enough to keep you busy. The first stop for visitors tends to be Arturo Di Modica’s “Charging Bull” statue; but the Art Deco splendor of 20 Exchange Place is well worth a look, along with other skyscrapers like the American International Building and 40 Wall Street, while Trinity Churchyard is an oasis of calm in amongst all the hustle and bustle – and a great place to stop for a sandwich!
Hong Kong Island
There are no two ways about it, Hong Kong is on the up. In 2008 Forbes Magazine ranked the city as number two in its list of the ten most economically influential and powerful cities in the world (just behind London and above the mighty New York!)
But Hong Kong’s far from being just a sterile destination for business travelers: there is any number of interesting quarters – from the sights, sounds, and gastronomic delights of Temple Street Night Market to the non-stop commerce of Stanley Market – which demands to be explored. What’s more, whether seen from the heights of Victoria Park or from out across the bay, there’s a surreal beauty to its sparkling skyline that’s quite breathtaking.
The City of London
Like New York’s Wall Street, the City of London is a bona fide financial institution. If the bowler hats and canes are no longer used by the bankers and brokers, and the brash high-rises now soar over their older, more restrained counterparts, then there’s still something of the sense of grandeur and class about an area that used to be the administrative and financial heart of the world.
Standout monuments include the Natwest Tower, and Sir Norman Foster’s gleaming ‘Gherkin’ building; then, of course, there’s the Bank of England (and its fascinating museum – where you even get to lift a gold bar!) There’s plenty more in the way of history, too, whether it’s in the form of the majestic St. Paul’s Cathedral and the London Stone or the wonderfully antiquated Ceremony of the Keys at the Tower of London.
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