A number of business people have consulted with me over the years. After speaking with a few of them, I decided to jot down some notes of the main points that come up often. I sent them to two of those people who deal with multi-million dollar deals on a regular basis. Their feedback was extremely positive: ‘I couldn’t agree more.’ – ‘Great stuff!’ – ‘I have employed those principles in every major business negotiation I have ever been involved in.’
I have not seen these principles offered in MBA programs, which tend to stick with the cold hard numbers aspect (see The Theory of Induced Blindness blog). The numbers are the easy part. They are not the art of business. I am sharing these notes with you in the same raw form I shared them with those two people.
Working Notes for MBA 101: The Essential Knowledge Not Taught in MBA Programs
- steady hand on the rudder
- its all about people
- read my last blog… theory of induced blindness
- trust issues… honey, not vinegar
- win/win is the only way to go
- same side of fence and we all win… be a player not a pain
- there is a rhythm to everything… don’t push it
- don’t shoot yourself in the foot
- business is an art… the art of people… the math must be known, but the key is the art
- get on board (or be left behind)
- fact: this all applies from a Kool-Aide stand to multi-billionaire deals
These are great points and would make an awesome video series.
I love this! As always you Beautifully articulate things we can deeply feel are truth.
This is right on!
I am immersed in time-sensitive business dealings in a completely new arena for me. Every one of those principles have been in play to serve the interest of keeping the project moving forward, forward, always forward…in this past week. It works!
Thank you for bringing this Essential Knowledge together and naming it. Yes, thank you!
I really like Barbara’s business video series idea! Two minutes on each would be great.
I feel excited, enlivened, challenged by your blog (I don’t know what all of it means). Working at a school with a questionable relationship with money, I wish you could teach them.
Thank you!
It all does apply. I use these principles in my business..some better than others. As I have been developing my skills with all of them..the seas have calmed. The other thing that is fun to discover, is the clearer I become with the process..the more that I see that it is really simply utilizing “common sense” as much as anything.
Fabulous tools Brahmarshi..Thank you
Cool
Love this blog – good points!
Reminded me of Forbes article: Why Spending $150k On An MBA is Probably a Dumb Idea:
http://www.forbes.com/sites/erikaandersen/2013/07/27/why-spending-150k-on-an-mba-is-probably-a-dumb-idea/
“The best learners (and most successful people) I know are continually asking curiosity-based questions like, “How does that work?” and “Why is that happening?” and “How can we/I….?” and “What if…?” Endless curiosity is essential to mastery.”
“Neutral self-awareness. In order to learn something new, you have to be clear about your current knowledge or capability, and able to look at it almost as a third party.”
“I’m convinced that being a world-class learner is much more important to your success in business (and in life) than having any kind of advanced degree. In fact, I become more sure every day that the ability to learn quickly and deeply is the single most important skill for the 21st century.”
Barbara does have a great idea- a business video series that could be sold. As Carly mentioned, there might be a movement away from the $150k MBA.
You can take these principals and apply them to your job even if you are not a business owner or getting a MBA!
A serie on each point would be nice
Speaking as someone who relishes the entire business world, my first thought was that you could look at these business principals and say ‘really everything is all about business’ OR you could say. ‘all these principals apply to everything, across the board’. That is what is so amazing about the teachings-they are universally appllicable. Just think what could be accomplished on all levels!