Time Management & Problem Solving: Time is the currency we trade in, and just as companies diversify concerning the synergy in operations to maximise their scope of returns, we tend to do the same regarding initiatives that we venture in to achieve. The amount of time we devote to a particular task is a function of its probability of success, and its glory of return which may be a minuscule biased by the subjective factor called passion. So, what if we go wrong with our calculations sometime? Failures- are an integral part of our everyday learnings. When we learn about how economies of large countries have failed and survived, relating them to the size of our personal failures resembles to be a mere fragment in a vast continuum. The concepts of treating failures as sunk costs and understanding the ravages of escalation of commitment for businesses are some of the things that are not only confined to large institutions but also extend to the outlook of the smallest decisions of our everyday lives. Regarding problem-solving, we are equipped with an arsenal of knowledge that we can use to solve organisational problems, and the best thing is that we can use some of it to solve personal ones too.
In conclusion, the practical exposure that students get inside a b-school not only hones their ability for business development but also helps them undergo a significant transformation which helps them achieve better personal growth with the help of a few condiments from the plethora of knowledge that they acquire in the span of two years.
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