5 Tips To Keep In Mind While Carrying A One-On-One

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The best place to carry one-on-ones is the neutral ground. While doing your Post Graduate Diploma in Management, you will learn about the power of communication in management and one of the best way to ensure a healthy communication is to do it on a regular basis. Many  Post Graduate Diploma Courses, stresses on the importance of the one-on-ones in bridging the gap between you and your team. This not only strengthens your relationship with the team but also creates an energised and motivated environment to work.

READ Full Article Here :::: 5 Tips  To Keep In Mind While Carrying A One-On-One

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How To Succeed In Your Post Graduate Diploma Courses Internship

Internships are one of the most important part of post graduate diploma in management. The students not only get to learn in an actual work environment, but they also learn to handle pressure at workplace. Students doing Post Graduate Diploma Courses often get scared of ‘boil the ocean’ type of projects. But there is nothing to worry about. Below are the points you should keep in mind in order to be successful in your internship:

  1. First of all these projects may look scary but they are designed this way to see how you work under stress and pressure.
  1. The foremost rule in an internship should be to keep calm and don’t panic when you are handed over the project. You are new and nobody expects you to come up with a perfect solution. All you need to do is to focus on your approach and break it down to bite sized pieces.
  1. Once you start working, it is very important to keep your supervisor informed. You can choose any channel of communication your boss feels comfortable. The alignment at key milestones such as plan, drafts of recommendations and the final work is a must to do.
  1. Being successful in your internship is not only about the final delivery. It is a lot more than that. How well do you adapt to the norms of the company? Do you respect other people’s time? Do you respond effectively to the coaching you are getting?

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  1. Therefore, how you do the work is just as important as the work output itself that is how you treat others, how you work with them and how you get things done.
  1. Being service oriented is the most important part of summer internships. You are being paid to provide some service and create value for the company. Excelling in this can help you get a full time job offer as well with the company. If it feels that you are adaptable to their environment and would be able to handle the work situations, they would want to keep you as a full time employee. Many interns get job offers if they excel in their internships.
  1. Last but not the least is to take lead in completing your project. Influence the direction of your project by asking for feedback from your leaders on the approach you are following. You can propose the question in a way, “I know you are really busy and I don’t want to waste your time. I also want to make sure that I’m on the right track and moving the project(s) forward so that the result is useful for you and the team. What method of keeping you apprised of progress works best for you – do you prefer weekly/daily emails or meetings or phone calls or something else?”

In the end, a last piece of advice. Use your internship for what it is made – a job try-out. You are an intern. No one expects a lot from you. This is the perfect opportunity for you to learn while making mistakes.

The 3 Golden Rules Of Effective Communication In Good Business

“Communication – The Human Connection – Is The Key To Personal And Career Success.” – Paul J Meyer

Communication is a tool at human disposal which is so powerful that anything in this world can be achieved if it is used properly. It is one of the most crucial factor for the successful business model. Your ability to communicate properly and clearly is an important parameter to decide whether you would be successful in your work or not. Be it bidding or planning or negotiation or selling, in anything at all you need good communication skills.

There is a school of thought that believes that states that the leaders are born with certain qualities and they can not be made. As we have mentioned in our earlier articles, Leadership and Communication are skills  that could be learnt and mastered with time. You certainly do not need the tags of Ambani, Tata or Gandhi to be an effective leader and command at communication. In our Post Graduate Diploma in Management, we not only teach the importance of communication to our students, but also help them to master it with time.

Our Post Graduate Diploma courses contain a lot of case studies and assignments that help students to have real time scenarios and learn how to use an effective communication in various facets of business.

In this article, we have covered the 3 golden rules that helps you in mastering this skill and be successful in your work:

  1. Sincerity

The first golden rule in the art of communication is that whatever you say, put all your heart in it. Whether we take war veterans or sports legends or political titans, whenever they talk, you will note a level of sincerity that shows that they care about what all they are saying. It is very important that whenever you are talking about something, your audience should feel the level of trust you have in yourself. Only then you will be able to convince others to do what you say to them. Humour is important but is should not be the basis of your communication ever.

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  1. Respect Is A Two-Way Street

“Leaders who make it a practice to draw out the thoughts and ideas of their subordinates and who are receptive even to bad news will be properly informed. Communicate downward to subordinates with at least the same care and attention as you communicate upward to superiors.” — L. B. Belker

This is extremely important. The misconception, that just because you are at a higher post to someone, everyone will respect you and would take your word seriously, can cost you a lot in terms of successful communication. Always respect those who look up to you and be courteous to your subordinates and superiors alike.

  1. Knocking Down Barriers

A successful leader would be the one who knows how to break barriers in terms of communication at the same time is able to make others understand what he expects of them. Take for instance, you have been recently sent to China for some deal but you don’t know how to speak Chinese. How would you convince them to give this deal to you? You can learn the basic Chinese such as simple greetings and basic courtesies and for the rest can hire a translation service in order to avoid any miscommunication.

Knocking down barriers does not always mean you always have to be the hero in everything like learning to speak fluent Chinese in the above example. It is understanding your barriers and then looking for the best possible solutions to overcome the hurdles on your path.

5 Business notions that are no more taught in Post Graduate Diploma Courses

“Entrepreneurship is living a few years of your life like most people won’t,

So that you can spend the rest of your life like most people can’t”

 

Students do Post graduate diploma in Management to become something in life. You get a learn a lot. Time is changing, Industry is changing and the style of doing business is changing with it.

 

Earlier when student used to go for Post Graduate Diploma Courses, they used to taught a lot of values which would help them become successful in whatever  industry they go. With changing time, below 5 teachings are becoming obsolete and are no more taught in the schools however still found in workplaces:

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  1. Failure is not an option

 

This notion that taught students that you absolutely always have to succeed made them unable to take risk. Bill Gates once said, “It’s fine to celebrate success but it is more important to heed the lessons of failure.” It is scientifically proven that putting pressure on people to always succeed decreases their effectiveness and hence they become less productive. This would not only hamper the daily work but would also kills the innovation drive in the employees which would be bad for the organisation.

 

The new notion – Failure  happens. Take calculated  risk and if still you fail, deal with it.

 

  1. Customer is always right

 

This is the old saying which could never go old – The customer is king. As much as I agree with this, I disagree on a single factor that you should never make your employees unhappy in order to make a single customer happy. Remember your employees are the ones who are your face to the customers. Making them unhappy can make your larger customer base unhappy which you would definitely can’t afford.

 

The new notion – Happy Employees make Happy Customers

 

 

 

  1. Do not get satisfied ever

 

A good business model is the one that always want more. We beg to differ here. Having this notion is a bad mistake which lies on a misconception that being satisfied would mean you will stop making effort. But this is a wrong notion. A constant sense of dissatisfaction also breeds a negative environment in the organisation and therefore affects productivity of the employees.

 

The new notion – Be appreciative but never complacent

 

  1. Nice guys do not last long

 

It is often believed that being nice hinder your career growth but that is so not true. You should be nice at work. Only a delightful person would create a positive energy for others to work as well.

 

The new notion – Nice guys know how to get the job done.

 

  1. Grow or Die

 

This is a common notion that a business either grows or die that is a business is only successful when it is growing. But this is a wrong notion. Growth although creates a positive environment and increases future opportunities but sometimes all you need is take some time to consolidate your existing business and then seek for growth. Growing at a very fast pace can also lead to consequences which are not good for company’s existence.

 

The new notion – Grow when you get to grow.

Preparing Management Aspirants For Handling Professional Challenges

The ultimate objective of any educational program is to enhance the knowledge and competence of the students to make it easier for them to overcome they are likely to face in the future. In keeping with this concept, most higher education programs are designed to train the candidates enrolling for them, in the art of overcoming the various challenges in their professional careers. Even though most people believe that this objective is achieved only by the professional courses offered in the technical fields, the truth is that a majority of Post Graduate Diploma courses and other management programs are based on this ideology.

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The greatest proof of this lies in the fact that most modern business organizations prefer to hire the candidates who have earned their diploma from a good management institute. This is because such institute train their students in the following professional aspects that can prove critical in helping them to overcome the various workplace challenges with great confidence and efficiency.

In-Depth Analysis: Analysing the various aspects and consequences of any challenge is vital for finding the most appropriate solution to it. The trainees’ at most renowned PGDM colleges are made well aware of this fact quite early in their course. Thus by the time they pass out from the institute, an in-depth problem analysis becomes their second nature and this proves extremely helpful for them while overcoming the various workplace challenges. In fact, this skill proves extremely beneficial for most candidates in their personal lives as well.

Team Building Skills: Even the simplest challenges become too difficult to overcome in the absence of proper team co-ordination and mutual trust amongst the team members. That is why most successful managers need to constantly focus on building a strong and united team to be well prepared to overcome any big or small challenge. That is why imparting team building skill forms an integral part of the learning during the education of the management aspirants at the top PGDM colleges in Hyderabad. They are educated about the various factors that enhance the unity and mutual understanding between team members.

Adapt A Flexible Approach: One of the key aspects of overcoming any challenge is to have a flexible approach towards the same. This not only provides an effective way of resolving the issue but also helps the managers to maintain the workplace balance. Candidates, with a post graduate diploma are generally well versed in the skill of overcoming a wide range of professional challenges by adapting a flexible approach towards problem solving. This provides them with the ability to understand the different outlooks towards a problem and adapt the most feasible solution.

Keep Mental Cool: Many times simple problems get turned into major complications because the people responsible for solving them fail to maintain their mental cool. Losing their cool makes it impossible for even the best professionals to think with a clear mind, which often leads to taking of wrong decisions. That is why the best post graduate institutes imbibe the skill of maintaining their mental cool even in the most pressurizing situations, which enables them to overcome even the most challenging situation with great ease.

Paving the Way fora Successful Career as Financial Manager

One of the major changes that business organizations have undergone over the past few decades is the realization of the need to appoint qualified professionals to handle their various financial aspects. This has led most modern organizations to employ a qualified finance professional for handling the key position and responsibility of a financial manager. These managers are responsible for providing advice and guidance to the organizations related to issues like investment activities, manage the groundwork for creating financial reports and develop and implement the most beneficial cash management schemes. In many cases they are also responsible for the management and administration of the accounting and budget departments.

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Given the significant role that the financial managers play in enhancing the growth and success of an organization, hiring the right candidates for the job is a top priority. Thus it is not surprising that the demand for candidates having a degree or a Diploma in Financial Management has been on the rise over the past several years. This is because the recruiters are well aware of the fact that hiring such candidates will resolve a majority of financial planning woes of the organization and streamline the process for greater competence and efficiency. In view of these facts, it is quite easy to understand as to why higher education programs in financial management have become a popular choice for most graduate students.

Listed below are the various professional advantages that students can gain by pursuing a course in financial management from the top rated institutes across the country.

  • The students are able to better understand the various factors that influence the financial growth and stability of an organization. This helps them take the most effective decisions to overcome any hindrances, which might be restricting such progress.
  • They become aware of the importance of taking calculated financial risks to turn the available opportunities into the favourable business growth options. They also learn the skill of creating a balance between the financial stability of an organization with its long and short term business objectives.
  • Pursuing Post Graduate Diploma courses in India with specialization in Financial Management helps them develop the skill of commercial thinking and analytical planning as their second nature. This makes them habitual of thoroughly considering the pros and cons of every financial decision and minimizing the chances of error.
  • The in-depth knowledge about the various financial processes that the candidates gain as a part of their education helps them to handle multiple tasks in emergency situations. This makes them even more valuable for the organization ensuring better job stability and security.
  • Most importantly the candidates are able to implement the concepts and principles of financial management in their own personal lives. This makes them financially more secure and also helps them to develop both a global and micro level outlook about the proper utilization of their financial management and planning skills.

Apart from the above professional benefits, pursuing a financial management diploma also helps in enhancing the overall outlook and personality of the candidates making them market ready to take up a serious management role with great responsibilities.

The need of the hour is a diploma in business management

Whether you are a student who wants to enter the lucrative job market in the upcoming years or you are a working professional who already has some hands on experience over the traits. But both the candidates will be evaluated on an equi potential basis if you do not have management degree. It is the top-level in the business sector and positions of high importance which are reserved for the candidates from business background. These positions in a top-level management are always considered to be the eye-catching positions where you are very highly paid and almost reimbursed for every article you spent upon. Apart from high lucrative packages, perks and associated benefits which these positions hold, they also have a higher sense of responsibility and great power attached to it. To simplify it in simple words you are in charge of all the revenue generation, expenditures, cost-cutting and a key person in decided the economic development of the company. Thus, these are the powers and perks associated with these job and up till now many have thought of themselves sitting on that chair and dreaming themselves in that image. But one thing which is very important and a must criterion for reaching that position is a pg diploma course in business management.

The pg diploma courses has gained up popularity in the last decade when a periodical shift from conventional degree courses to professional courses. More and more students were running towards the engineering, medical and law course as they provide on security. But as the demand and supply works, so it is in this case when the number of student applicants increased and the jobs are not created in the same proportion to accommodate these students in the device industry. Thus, students again started moving towards courses for masters which could provide them an extra edge over the other candidates. Some students who already bagged the job offers, realized at the later stage that to be in that top position, a management diploma is required. Therefore, the diploma courses of management became prevalent and students started pouring on.

The vast number of placement and insurance of jobs in the market provided a great boon to the students and parents. Moreover, the job placements offer a very handsome salary and helps them to climb the corporate ladder at way much faster speed than other candidates. However, there is a misconception that the management degree can only be pursued after having a work experience in the field and that those have work experience are given more preference over others. This is half-truth and students should not follow it blindly. It is true that having a work experience in the field is counted and it adds a positive score in the candidate’s profile. But the individual’s potential holds more significance in front of the selectors than job experience and fresh face s are also provided equal chances to convert their scores into a good management college.

The importance of a diploma in management

Deciding to study post graduate diploma in management is a very crucial and important decision for an individual. The most important question to ask to oneself is that whether choosing for a post graduate diploma courses is a right decision with the amount of time and money added to it. If you aspire to be a global leader? Want to work with the most giant firms in this world? Have to see the world and admire its beauty? Looking for a well stable and highly paid job which has many lucrative options associated to it? To see yourself in the cover page of a top business magazine and being adored by all?

If the answers to all these questions posed is in affirmation then it is worth investing your time and money for a management diploma course. The management diploma course is something which not only Hines your knowledge based skills of macro and micro economics and underlying the concepts of business analysis. It also teaches you to market yourself to sell the product, to have faith on yourself and on your capabilities. These are the qualities which are not taught in the classroom based close environment. The can only be learn in a conducive environment where you get to manage your options with your friends and peers and look up the problems as a team leader would have, evaluate its potent threats and work upon providing the solutions of these problems.

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Develop priceless managerial skills

The diploma is usually pursued by those which are either young graduates who have just passed from their colleges and university or those who have about one or two year of work experience in the industry. This work experience can also be counted as that of novice, and they are still at the learning stage. The things which you learn are

  1. To advertise, sell your products.
  2. Keeping the finances of the company healthy.
  3. Maintain a positive image of the company
  4. Gather and interpret industry data
  5. Hire the right people for the company and keep them motivated
  6. Create hierarchies that keep the system running.
  7. Know when to make tough calls.

Thus studying these concepts help you come out of your shell of comfort and to tackle the problems or large-scale with greater agility and confidence.

Get free access to large business network

When you do a diploma in management you get to interact with various types of personalities of which all are good and renowned faces of their field. Even your professors and colleagues will help you in long run or establishing your business network. This business network will help you in all the future endeavours and modulate your success. Last but not the least it gives you access to a very wide alumni network which helps during the stabilizing years of your industry years. A good mentor and guidance by your senior in any industry is like a boon for a fresh employee.

Need To Choose Accredited Institutes For Pursuing Post Graduate Diploma In Financial Management

Financial management and planning is a critical business process that can make or break any venture. That is why most business organizations invest considerable time and effort in hiring appropriately qualified financial managers. In addition to taking the knowledge and skills of these prospective candidates in mind, the hiring organizations also consider the institute from which these candidates have obtained their Diploma in Financial Management. In fact, most organizations give preference to candidates who have passed out from an institute having proper accreditation form an industry recognized body. This is done mainly due to the following benefits of hiring candidates passed out from such institutes.

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Proper And In-Depth Knowledge Of The Field

Candidates pursuing Financial Management diploma from an accredited institute are more likely to possess in-depth and proper knowledge about diverse financial aspects. Their comprehensive practical and theoretical training imparted by the most qualified teachers, makes them capable of handling diverse roles and responsibilities within the organization. They can use this knowledge in combination with their skills to turn every business opportunity into a chance for making profit. This not only ensures consistent growth and success for the business but also paves the way for a fulfilling career for the candidates themselves.

Assurance Of Industry Recognized Curriculum

One of the major reasons that draw business organizations to recruiting candidates from an accredited management institute is the assurance of them being aware of industry needs. This eliminates the need for the students to undergo any additional training before taking up a career in the field of their choice. In fact, they can help in enhancing business growth right from day one itself. This truth is applicable not only for candidates pursuing financial management diploma but also those, who opt for a Post Graduate Diploma in Human Resource Management or any other area of study from such accredited institutes.

Better Understanding Of Real Work Environment

It has been observed that candidates possessing a financial management diploma from accredited institutes tend to have a better understanding of the real work environment. They are often familiar with different types of financial challenges they are likely to come across as well as the most effective ways to overcome the same. This naturally makes them a preferred choice for organizations, which cannot spend too much time and money on in-house training and skill enhancement programs of the new recruits. Even in case the organization do have these programs in place, hiring such candidates can help them save valuable time and money.

Flexibility Of Taking Up Multiple Job Roles

As mentioned before, candidates opting for a post graduate diploma are trained to handle various job responsibilities. This essentially provides the organizations, hiring them with candidates capable of managing the diverse aspects of financial management and planning in an efficient manner. This quality of the diploma holders can come in quite handy in emergency situations, such as the organization having to bear extra work load or a critical post getting vacated all of a sudden. In such situations, these employees can be trusted to handle the pending aspects to ensure smooth running of the dependent organizational process until a replacement candidate is found.

Post Graduate Diploma Courses in India- The new trend to set up the right career path

You are pretty much aware of the cut throat competition prevailing in the society where every individual is striving hard to secure his/her career. The job market is expanding at a fast pace and new recruits are being hired. At this time one should feel that the importance of the undergraduate degree somewhat not remain to the standards expected by the individual. Every person has an undergraduate degree and people from both rural and urban backgrounds are coming out in this world to study and bag good job offers. Thus each day the challenges are increasing as the crowd is increasing. Above all of it, the decreasing rarity of the undergraduate degrees has compelled the students to look out for various other courses. Thus, post graduate diploma courses in India is gaining popularity.

Different post graduate diploma courses in India

For a start, there are various post graduate and post graduate diploma courses available to seek into the domain of higher education. These courses are available for both technical and nontechnical domain students and range from six months to 2 years where pursuing it further can fetch you a master’s degree. These courses help you to get into the greater in-depth knowledge of the subject and at the same time helps to acquire more practical oriented knowledge than theoretical based. The courses offered are in various domains of management, engineering, medical, arts, science, literature and other non-conventional subject courses. Earning a post graduate diploma helps you to enhance your knowledge by building in the core level concepts in the subjects and by earning recognition. Thus for research oriented students, it is extremely beneficial.

How to boost your CV

A good CV is the most critical tool in the evaluation of a candidates aptitude and attitude. It is the first piece of paper that helps one to judge and analyse a candidate and to learn about the differences of him with other. Thus making a good CV is very important as it is the first and the last impression on the employer or the human resource personnel. It is very important to introduce the new skill set acquire while learning. The introduction or addition of a post graduate diploma course will help to inculcate a higher education or technical skill in your CV which will be different from the CVs of other candidates.

Post graduate career opportunities

At the end, your post graduate diploma does matter not only on the paper but in actual reality. It adds up another feather in your cap of success and lets you stand out among your peers and colleagues. The advantage of the post graduate study is that you can enter into a more robust environment before time on the basis of your qualification and can eliminate time and experience which is required by an ordinary candidate. The knowledge helps you to beat any graduate in your field while the skill set helps to enhance the productivity of the firm and building up stronger foundations of your concept. Also, a post graduate course can be considered to be career path where a candidate can choose to change his/her career path which he/she had chosen long ago.