Business Management/ What is Master in Business & Management by [Idopedia]

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Business & Management is one of the most popular fields of study, teaching you everything there is to know about running a successful business. Business & Management includes subdisciplines like Project Management, Business Administration, Finance, Marketing, Human Resource Management, and others.

A Business degree, such as an MBA or a Master’s in Management will cover all aspects related to conducting business. This includes managing and motivating your team, understanding the way the company makes money and how to reinvest it, how products are advertised and helping the company grow and develop business both at home and internationally.

During a Bachelor’s or Master’s in Business & Management, students will learn how to improve and make businesses more efficient. You will discover ways of increasing the revenue, hiring better people and knowing when to invest, and where. Your leadership skills will be highly valued, especially if your goal is to take on a management position after graduation.

The world of business is huge, and the tasks you will have while working for an enterprise can vary a lot. Your help might be needed for marketing strategies, or you will be asked to analyse the budget and see if you can reduce some of the expenses. You’ll also be in charge of projects, making sure they are completed on time and evaluating results at the end.

One thing is clear: you will have a lot of responsibilities on your shoulders. A career in management is great if you like challenges and enjoy pushing your limits. To succeed in Business & Management you’ll need a wide variety of interpersonal skills. Great leaders know how to manage teams, encourage people and help them develop.

Graduates of Business & Management can pick any career path they wish, but the most popular are: entrepreneurs, forensic accountants, project managers, bankers, international business specialists.

What is Business Management?

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BUSINESS MANAGEMENT OVERVIEW

As a business manager, you are given the major responsibility of managing administrative tasks for a business. A company may expect you to assist with its marketing program. A company may also want you to perform a budget analysis in order to find out ways that the company can cut costs. You should have an astute understanding of accounting, marketing and administrative procedures that are required in order to run a business.

The competition for business management positions can be fierce. You should obtain a degree in business administration, accounting or marketing if you eventually want to obtain a business management position.

Salary

According to the Bureau of Labor and Statistics, the average salary of a business manager is about $77,000 a year. The position is expected to grow by at least 15 percent in the next ten years. Businesses will be facing increased demands as they try to adjust to online commerce. If you have a specialized knowledge of online sales, then you may find that you are easily able to find a position as a business manager. Companies will also be seeking individuals who have an accounting background and are able to cut down on the costs that a company faces.

Education Requirements

To become a business manager, it is essential to possess a four-year bachelor’s degree in administration, accounting, finance or marketing. If you have a special certification, such as a CPA license, then this can also be beneficial if you apply for a position as a business manager. Companies are now hiring individuals who can also assist with financial operations. You may need to do compliance work for a company to ensure that the company is adhering to the recently passed financial regulations. Companies are also looking for individuals who now possess a master’s degree in business or accounting. You should expect to obtain an MBA in management or accounting at some point in your career.

Skills Required

To excel as a business manager, it is essential that you have strong analytical abilities. You will need to foresee the demands that a company will face in the future. It is also important that you have an ability to work well with other people. You should be able to work with a variety of personalities. Employees will look to you for leadership and motivation. You should be able to inspire employees to excel in their work during high-pressure times for the business. You also may need to possess strong accounting skills if a business expects you to perform a budget analysis of its operations every month.

Responsibilities

Typically, the responsibilities of business managers involve overseeing operations, reviewing contracts and helping employees reach their top productivity levels. A business manager may also  be called upon to supervise or train new employees. He or she may also need to assist with planning certain events for a company. A business manager plays an important role in the operation of a company, and it is essential that he or she can deal with heavy loads of stress.

Success/ Definition of Success by Idopedia

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Success:

Success means personal prosperity, A fine home vacations, travel, new things financial security, giving your children maximam advantages. It means winning admiration, leadership, being looked up to by people in your business and social life. Success means freedom from worries, fears, frustrations and failure. Success means self respect, continually finding more real happiness and satisfaction from life, being able to do more for those who depend on you.

What is Success?

How do we define success? There are many different tactics for how to be successful in life, but the strategy that works best for you may depend on your view of success itself. We often think of it as doing well at work or earning a high salary.

While professional accomplishments can be one piece of the puzzle, it leaves out many other important areas of life. Family, romantic relationships, academics, and athletics are just a few areas where people may strive for success. Your individual definition of what success is may vary, but many might define it as being fulfilled, happy, safe, healthy, and loved.

It is the ability to reach your goals in life, whatever those goals may be. So what can you do to boost your chances of achieving these things? What are some of the habits of successful people?

There is no single right way to be successful. What works for you might not work for someone else. There may not be a perfect combination of ingredients that can guarantee success, but there are some basic steps you can follow that can improve your chances of being successful in life, love, work, or whatever happens to be important to you.

Those who have a growth mindset, on the other hand, feel that they can change, grow, and learn through effort. People who believe that they are capable of growth are more likely to achieve success. When things get tough, they look for ways to improve their skills and keep working toward success.

Best Motivational Speeches By [Idopedia]

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Who couldn’t use a few of the best motivational speeches for entrepreneurs?

Business can be hard. Heck, life can be hard.

We’re all on a journey, and we’ve all been down in the dumps before, wondering if what we’re doing is really worth it.

Wondering if what we’re doing is really making an impact.

But, it’s important that we’re always moving forward. This is a lesson that I learned early in life.

I remember I was around 4 years old, and I was learning to ride my bike with my uncle and my father.

Of course, I fell off multiple times while I was learning to cycle, and I remember the time I cut my knee pretty badly.

At that point I really just wanted to quit and go home. But, my family told me: “you can’t quit now, you’re almost there. Just try it once more!”

You’ve probably heard that before too, right?

You’ve probably heard that before too, right?

So, I got back on that bike. I didn’t want to, but you just need to power through and face your challenges head-on.

Sure enough, that was the first time that I rode that bike without any help.

After that, I was so glad I kept moving forward and that I never gave up.

Now, that probably wasn’t the motivational speech that you expected when you clicked on this article, but it’s evidence that we can do so much more than we think we’re capable of when we’re spurred on by others.

5 Motivational Speech that will change your life by [Idopedia]

As professionals with targets, projects to manage, and bills to pay, we must perform, whether it’s the beginning of the week or the exhausting end of a long, hard one. And it’s precisely when times get tough that a good motivational speech is most beneficial, inspiring us to clear any psychological and physical hurdles that are keeping us from our goals.

What’s amazing about people is, despite the external forces at play on our constitution, we can always be influenced by attitude. If your coworkers or managers can motivate you, suddenly that hidden resource is tapped, and you’re ready to get up and go again with renewed energy and focus. Great leaders are charismatic and articulate, and they use these attributes to rally the troops. You’ve probably heard or read some of those famous speeches that have helped people at their lowest reach for the highest aspirations.

The following is a collection of some of our favorite motivational speeches, chock-full of inspirational words, sure to motivate you when you need it most.

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1. Jim Carrey, Commencement Address, Maharishi university, 2014

From the sublime to the ridiculous, even comic actors like Jim Carrey can find inspirational words to motivate. At this point in his successful career, Carrey moved from celluloid buffoon to philosophic guru. That change was first on display at this speech for the graduates of Maharishi University in 2014. He told these future managers that they should never settle for less than what they want. He illustrated this by talking about his father, who could have been a comedian but chose the safe route of accounting—a job he eventually lost. That life lesson was not lost of Carrey, who saved the world from one more accountant.

2. Steve Jobs, Commencement speech, Stanford, 2005

Commencements tend to bring out the motivational speeches, and who would expect any less than the best from Apple CEO Steve Jobs. The man who inspired a company to become one of the most successful in world history, and who motivated people to want his products with a zealousness almost unheard of, was the go-to guy for rich insights. At this speech at Stanford he tells three stories:

The first is about dropping out of Reed College, which he said was the best decision of his life. That lead to the creation of a company he loved and built up, only to later get fired from. But that dismissal leads to Apple. Finally, he spoke of being diagnosed with pancreatic cancer. These challenges, any of which could have sent another spiraling to the depths of despair, taught him to become more resilient and fight harder for what he wanted.

3. Al Pacino, Any Given Sunday

Speeches are fiction of a sort, so it’s not surprising that some of the most inspirational speeches can be found in the arts. The football film, Any given Sunday, is a perfect example. What’s more cliché than the coach inspiring the team to get back on the field and win after being humiliated? But not every coach is as motivating as Al Pacino. When he delivers what has become the “The Little Things You Do Daily Matter” speech on the importance of working together, the actor and script combine to create something bigger than both.

4.Bill Gates, Commencement speech, Harvard, 2007

Surprisingly funny and insightful, Microsoft founder Bill Gates’ Harvard commencement address shows a side of the successful entrepreneur that might not have been visible through the glare of fame and fortune. He is probably Harvard’s most famous dropout, but he acknowledged that the university’s environment of energy and intelligence was inspiring. He noted that education is important but so is knowing the wider world.

5. David Foster Wallace, Commencement speech, Kenyon college, 2005

Regardless of whether you ever finished his famous tome Infinite Jest, the writer David Foster Wallace was smart, troubled, and often densely convoluted. But he could be plainspoken and was at his best in this commencement speech, published as This Is Water. He opens young minds in this speech to the fact that as educated as they might be, they can still hold a closed mind. Such narrow thinking puts us out of perspective and falsely tells us we’re the center of the universe. We’re not, and worse, by thinking this way we lose sight of the interconnectedness of the world. We are all in it together. How’s that motivating you to do good?