Managerial Skills for Managers in the 21st Century
Management, Vol. 1, No. 3, July – September, 2011
15 Pages Posted: 9 Apr 2012
Date Written: April 9, 2012
Purpose – To examine the crucial skills required by management students which address the needs of corporate in the dynamic global economic world of the 21st Century.
Design/methodology/approach – The paper is based on theory and empirical analysis made through psychometric tests results of management students reflecting their personality profile, juxtaposed against the needs of the corporate world identified through Graduate Management Admission Council (GMAC), – a report showing results of the global survey of corporate recruiters about employability skills.
Findings – The paper highlights the personality traits of management students identified through 16 PF test and elaborates the areas which the real business world is focusing upon. The current report of GMAC reflects the need for skills like interpersonal skills and team working; decision making and problem solving while the students score low on extraversion and leadership; creativity and abstract thinking. The educational curriculum still leaves a lot to be desired in being activity based and skill oriented.
Practical implications – The paper will show direction to educators of professional courses especially management education regarding curriculum design and trainers regarding training needs of the young workforce such that they are able to provide to the corporate skilled managers who can sustain in the challenging and dynamic global work environment of the 21st Century.
Originality/value – Marking out the areas where the professional management and business education need to work into to create skillful managers who need to cater to the demands of MNCs and TNCs.
Keywords: skill sets, personality traits and managerial skills, management students, young global managers, training needs
Suggested Citation: Suggested Citation