Practical-Management.com is an initiative to bring the academic knowledge of management and leadership to the actual managers in various industries. It aims to educate the existing professionals who are already in managerial positions or aspire to attain one, but lack formal education in MBA.
The decade of 90's had seen a tremendous growth in technology and service sector around the globe, people from engineering, arts & sciences etc were the chief architects of this era. These fabulously talented young graduates quickly reached the positions where they were challenged with managerial, behavioral and leadership aspects of an organizations. However due to lack of any formal education in MBA , these professionals lack knowledge of proper tools to help them in their jobs.
The work life is stressful and it's often not feasible for an individual to enroll in Executive MBA program or several Certificate Programs that are being offered. Most of these professionals already have a lot of practical experiences, that makes it even harder to sell them the theories of management studies. However , as observed in the current recession (2007-2008), it's quite evident that lack of true leadership and efficient management is one of the causes of the downfall.
The practical realities as mentioned above motivated us to come up with a practical solution to the problem, namely -
Management starts at home and so does leadership, don't we manage our children, our day to day activities, budget out spending, plan for holidays, reward ourselves on new car, vision our future etc?