Got the competitive edge to be in business?
Change does not wait for anybody. Change comes and goes. If you are one of those who are unreceptive to change, chances are you will be left behind, buried and forgotten. We have come a long way since the First Industrial Revolution that changed the face of England and Europe during the 18th century, and now in the 21st century, we are on the verge of the Fifth Industrial Revolution with its astounding advancement and accomplishments.
Since then, we are living in a competitive age spawned by earlier revolutions in many areas and sectors. Creativity and innovation have emerged as yardsticks for advancement in business, commerce, industry, the economy, education and medicine and other fields. It is interesting to note that something as complex as the Covid-19 vaccines took scientists hardly a year to develop. The speed of change is unstoppable, and neither is the march of progress. Unless we possess the competitive edge, we cannot survive the present time challenges.
Education is the mother of all progress. Our schools and institutions of higher learning must produce graduates of calibre to helm the future. A diploma or degree is insufficient to turn the wheels of growth; they need dynamic leadership skills to steer the country or company beyond. In any business, leadership is the strategy to compete in the highly competitive marketplace. The prudent employer is ever willing to invest in their employees’ intellectual and personal capacity for lucrative and long-term returns.
The graduate planning to be an entrepreneur must develop astute business acumen, sharp management skills and a clear vision to plan ahead. He must also be able to handle crises in human resources and market challenges to stay ahead. Entrepreneurs are not born; they learn to become one. They acquire knowledge to widen their business interests, they add new skills to empower their business strategy and, they adopt innovation to maintain their competitive edge as business leaders.
Reid Hoffman, the LinkedIn co-founder, said that “All humans are entrepreneurs not because they should start companies but because the will to create is encoded in human DNA.” So, what are you waiting for? If you have a burning desire to make it on your own as a businessman or entrepreneur refurbish your credentials. Education is a lifelong process and relearning new trade skills is the first step towards making your dream come true as a successful entrepreneur.
It applies to all young people out there looking for a niche to stamp your competitive edge in business or other enterprises. If you are looking for a job, look instead for a career. Pick up an MBA degree or in Executive Leadership to establish your edge in the revolutions of tomorrow.
And if you are still bent on making it on your own, think about what the Linkedln founder has to say, “No matter how brilliant your mind or strategy, if you’re playing a solo game, you’ll always lose out to a team.” In other words, as a self-made entrepreneur, you must also rely on your people (or stakeholders) to run the business as a team, and that means: superb management leadership qualities.
AIMSMET Executive Education provides top-of-the-line Industry and Executive Training & Learning programmes to learners in Malaysia and overseas. The aim is to produce people with high-income professional skills, out-of-the-box thinking abilities and power-packed mindsets. With these attributes of management and leadership abilities, you are well on your way to make your presence felt in the business world.
Stake your claim with an AIMSMET Executive MBA programme – your business anchor and competitive edge!
Don’t let the virus delay your plans. Beat it with your competitive edge!