MANAGING in the

NEW WORLD

The trend of executive MBA has caught up so much that several online courses have sprung up to support the module. Business research has come up with ten of them which are the very best. Coursera of course has the maximum following. EdX is not far behind. Hello fearless has a ten week programme specially aimed at female entrepreneurs. HP LIFE which is an initiative of the technology giant- Hewlett Packard- in collaboration with UN bodies offers business and technology courses. Lynda.com is one suite ideal for online management training.NovoEd has a similar module to Coursera and edX, where it offers courses of partner universities. Open-Learn is an offering from the stables of the Open University (OU). Udacity is ideal for extremely niche level courses. Small Business Administration is an online open source tool aimed at startups and SMEs. Thrive15 and 2U are two of the other courses increasing in awareness and popularity.

Learning Management Systems (LMS) specially designed for executive MBAare now in vogue. Business research has picked up certain trends for LMS. They are also applicable for LMS used at management training. In organizations, various business verticals must jointly operate the LMS. Its impact on business generation must be tangible in the medium to long run. Eventually the LMS will turn into a profit centre as that is where it is headed. The processes must be streamlined across departments. The LMS must execute based on competency levels. The content generated for the same must be contributed with feedback taken from final consumers. One must not bracket LMS with self-learning alone, but indeed it is part of group or corporate training.

The Kingdom of Saudi Arabia has stepped up efforts to increase tourist footfalls in the country. This is sure to generate good number of travel jobs in the kingdom. Recently a delegation attended a global tourism conference in Cambodia and focus was put about the KSA’s glittering cultural footprint and history. Even the presence of antiquities in KSA was factored in while interacting with representatives from around a hundred nations including forty five tourism ministers.

A latest Cloud based LMS that can aid executive MBA has been developed by Google called Classroom. It can be used in different ways. Professionals can deliver documents directly to students and other partners. Videos, articles and online links can be shared. Data can be collected from online users eventually helping in digital marketing. Peer level collaboration and feedback is encouraged on this platform. There also exist some benefits of using Google Classroom. It can be set up without much fuss easily anywhere. It enables time saving. Teamwork and communication accelerate. The data can be stored at central point. Importantly, online sharing is facilitated at quick pace. 

Much as smartphones have been chastised at some quarters, there is no denying the utility they provide. They help 21st century students to be critical thinkers. Certain courses have been developed specifically for executive MBA that can be convened using smartphones. The curriculum can be well covered using the same. Smartphones also enable a learning environment through peer based sharing. Eventually it helps data collection which aids digital marketing which further fuels the purchasing behavior of higher value products. It also makes the environment more mobile.

As per market research conducted, almost seventy five million international visitors entered the USA in 2014 generating more than two hundred million US dollars. This surge supports at present supports around eight milliontourism jobs. China is one market that is being tapped heavily as due to ever increasing prosperity levels there, outbound tourism is bound to rise. For safety issues, special provisions have been made with American nationals and Canadians being exempt from certain steps but otherwise the process has been made swifter.

As per marketing research conducted by PwC aimed at the C-suite, it was understood that most firms require one of three key innovations as part of corporate strategy. Those three strategies came to be identified as- need seekers, technology drivers and market readers. In order to help firms execute this, PwC came up with Innovation Strategy profiler. Innovative concepts can now all be whetted through this profiler and their practicality gauged using case studies within same industry from past and present.  

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