6 Essentials of Employability in Business Management

Prof. Anand Narasimha

What do you need to climb a mountain?

A mountain!

The 6 Essentials

1. Outstanding written & verbal communication

2. Sound knowledge of economics & business at a global level

3. Analytical & integrative thinking

4. Understanding & working with people

5. Ethical value system

6. Adequate domain knowledge in area of specialization

Communication

• Presentation, reports, notes, memos, proposals, plans, spreadsheets

• Communicate ideas with brevity, clarity, confidence, flair and impact… in English

Make an Elevator Pitch...

Economics & Business

• Conceptual clarity

• Global perspective

• Companies, economies and business environments

• Read, think, analyze, update and discuss

Who can come up and explain the concept of ‘Economies of Scale’?

Analytical & Integrative Thinking

• Problem identification & solving • Even in unstructured, unpredictable and

uncertain situations • Disruptive, creative and non-linear ideation • Holistic, non-silo perspective and inter- linkages • Case study work • Lateral thinking, mind mapping • What if? Why…why…why?

The 5 P’s Framework of Business

PURPOSE Why are we in business-the big picture?

PROFITS How will we create value and generate profits?

PEOPLE How will we

align & add value to all our

stakeholders- employees, customers, investors ,

partners and community?

PROCESSES What key

processes will we adopt to deliver the

value?

PRINCIPLES What will be our beliefs and value-system

for making our business sustainable?

Working with People

• High EQ and understanding human behavior

• Ability to lead and work with people

• ‘A true leader does not create followers, he creates more leaders.’

• Develop a ‘softer’ side- literature, liberal arts, history, culture, society

• Sell…sell…sell

• Be a ’people watcher

The Chairman’s Visit- an anecdote

Ethical Value System

• Integrity

• Commitment

• Responsibility

• Passion with a point-of-view

• ‘What I will never do.’

• ‘Me to We!’

Stories of people who have inspired you…

Domain Knowledge • Passion and fit with domain

• Concept clarity

• Area specific skills

• Self-learning ability

• Breathe…eat…live it!

What Marketing Concepts does this video of a classic Bollywood song demonstrate?

www.youtube.com/watch?v=rJiohcg-gKo

What do you want to be?

An Ant?

Or a Butterfly?