2/17/2013

Instant MBA: Think, perform and earn like a top business-school graduate (52 Brilliant Ideas) Review

Instant MBA: Think, perform and earn like a top business-school graduate (52 Brilliant Ideas)
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"Those who invest in thinking differently, in pulling ahead from the crowd, in constantly seeking fresh brilliant ideas are not just those who survive, but also those who thrive," according to Nicholas Bate in this book. The book contains the author's ideas of the essential parts of an MBA course, arranged into 52 short chapters, which could be studied at a rate of one per week for a year.
The book briefly covers a number of important ideas from Michael Porter, Peter Drucker, Jim Collins and other well-respected thought leaders, as well as some ideas from voices a bit closer to the lunatic fringe. Seven of the chapters are on concepts which the author describes as New World of Work Drivers: acceleration (increasing rate of change), automation, alternative shores (outsourcing), abundance (of choices), ambiguity (making the future unpredictable), anarchy (power is back with the people), and adrenaline (all of this causes fear). I found these chapters the most interesting.
The author makes an impossible promise in the book's title. It is simply not possible to obtain the knowledge and skills of an MBA graduate instantly. I was hoping that each chapter would act as a starting point for a topic, with an extensive list of books and other resources that the reader could consult for further information on each topic. Instead, most topics are presented in a manner which is likely to be too brief for the reader fully to comprehend the topic's value and significance, and at the end of the book there is a list of just 17 books, more than half of which are unlikely to be on any real MBA course reading list.
Finance, economics and managerial accounting are frequently core subjects in MBA courses, but this book does not mention economics and has very little to say about finance, and as a result the reader does not even get introduced to much of the distinctive language that MBA graduates speak. In chapter 14 the author says that there is a lack of understanding about mission and vision statements, and then proceeds to demonstrate his own lack of understanding by completely confusing the concepts.
The book does contain some interesting material, and it is short and easy to read. However, if you are looking for a book that gives you a good overview of what people typically learn in a real MBA course, you would do well to look elsewhere.


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The benefits of a Master of Business Administration (MBA) degree can be massive: fast-track career advancement, a big fat wage packet, the whole high-flying top-notch executive lifestyle. But studying for an MBA isn't something to decide to do lightly - it's a big investment to take a year or more out of your career path or commit endless week-ends to a part-time version, and for many the cost of either of these options is prohibitive. "Instant MBA" is the must-have guide to making the most of yourself and your career prospects, whether you're studying for an MBA or just out to improve your prospects while you work.

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