Make every effort to become updated in your chosen profession
A very young MBA was rejected recently in an interview by an upcoming FMCG company. He had four years experience and he obviously thought that there would be questions related to his experience. He was right. The Marketing senior executive has risen from the ranks and kept on asking questions related to his experience. When the young man thought that the panel was so happy and that he was really selected, in came a very young man. He introduced himself as the Deputy Managing DirectorThe young man was asked his experience and some finer details. However, the young DMD, who had studied for his MBA from a big University in the USA, was stumped when he was asked to relate how the Blue Ocean Strategy of a rival company made a big difference to the famous product.
This young man, an MBA from a fairly average Deemed University was caught napping. He did not even know what was meant by Blue Ocean Strategy. He gave some vague but inaccurate answer. If he had said that he was not sure, may be, he would have been selected.
I had to advise the young man that those days when one got an MBA degree and quickly forgot all concepts and relied only on practical experience, are all but over. Today's competition is global and in every Management family, the younger generation is invariably educated abroad. They are very highly updated.
Nothing can work without being updated. Data analytics, for example, would become relevant for every professional in the days to come. The revolution has just begun