Global MBA Report

Information, news, reviews and business school rankings for global MBA programs

Business Theory in to Practice

A series of informative articles looking at how to put business theory, taught on the MBA curriculum at top business schools, in to practice.

Business Theory in to Practice – Change Management

You MBA qualification will teach you about many business theories some of which you may use extensively in your career whereas others you may not use at all. One piece of learning that an MBA course does show a student is that one thing will happen, irrespective of where you are geographically or where you work and that is that “change” will occur at some point in your working environment. The good thing is, is that you may be better prepared than some of your co-workers as you will realise why change is happening....

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Business Theory in to Practice – Six Sigma

At some point in your career I am sure you will have come across the term “Six Sigma”. Certainly during my time studying Quantitative and Qualitative Statistics, which was one of the modules studied on my MBA course, we did study this subject along with other statistical techniques. You will also probably have heard of Yellow, Green, Black and Master Black belts (the latter three considered the higher level belts) which defines the level of knowledge an individual has of this quality process. I am personally a Green belt, having taken the exam, after gaining...

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Business Theory in to Practice – Kaizen

Managing quality processes During your MBA you will learn about many quality improvement processes. One of the most commonly spoken about business theories that have been implemented across the world is the Japanese Kaizen theory. Kaizen when translated means “continuous improvement”. The most commonly thought creator of Kaizen is the automobile manufacturer Toyota. The purpose is to look at any process within your business and to improve it by making it either faster or simpler or both. There are many companies that have embraced this approach and have reaped rewards from it. Kaizen is...

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Business Theory in to Practice – Porters Five Forces

As you study for your MBA qualification you will learn about many business theories and how to apply them in the working environment. The hope is that you will be able to apply this knowledge in the workplace whilst studying and certainly after you qualify. In this article we look at Porters 5 Forces. The theory was created by Tom Porter one of the most famous business gurus of our generation. Porter, a Professor, is based out of one of the most famous institutions in the world, Harvard University. The basis of his thinking...

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