What are the top three traits of future leaders in an MBA?

Future leaders in an MBA. The managers and leaders of the future must handle new challenges and possibilities that call for fresh perspectives, specialized knowledge, and new abilities. For MBA students looking ahead, accountability, sustainability, and inclusion are the three key pillars.

All of these ideas originated from a problem-based approach, which involved assessing the difficulties that businesses are facing, such as a changing workforce, a changing community, or climate change, and thinking about how we may conduct business more effectively and differently. They are all foundations that can aid in creating a mindset to deal with any issue.

1. Responsibility.

When we discuss accountability, we frequently refer to responsible leadership, which is essentially being accountable to employees and consumers. However, we also need to consider suppliers and the neighborhood where manufacturing facilities are located. It involves broadening the definition of duty so that businesses are truly accountable to a far bigger range of people than just shareholders and those concerned with profit or productivity.

2. Sustainability.

It, therefore, raises the question of sustainability. Climate change is fundamental to the idea of sustainability, and it’s crucial to understand that if we don’t take better care of the world, neither will our way of life. But the conversation is expanding beyond that, and now we’re looking at how to make organizations viable in neighborhoods. Sustainability requires organizations to sustain themselves and to consider acting in robust and adaptable ways so that both employees and businesses are not put in risky situations. We recognize the value of being profitable, which equates to sustainability because if you don’t turn a profit, you won’t be around for very long. However, if your main guiding principle is earning a profit, you run the risk of cutting your nose off to spite your face. Your goals will ultimately be impacted if you leave a community in ruins after withdrawing and leaving it distraught. Being sustainable throughout communities is a smart business.

3. Accessibility

Although inclusivity is less frequently thought about, it must be. Human migration is at its greatest level ever, businesses, even local SMEs, already have a global presence and supply chains, and we operate in increasingly varied communities. We must understand that inclusive workplace environments must be created; token presence in decision-making is insufficient. The views of the people must be heard, a diverse workforce must be developed, and different stakeholders in organizations, such as the supply chain, customers, and product producers, must be heard and given control over decision-making. The Covid-19 pandemic has shown, among other things, that when we listen to additional voices, to people who are knowledgeable and who have perspectives different from our own, we make far better decisions. The advantages of inclusion are huge, but we must be wise about it. Diversity and equality concerns have often been reduced to a bean-counting phenomenon, but that is not inclusivity; it is just a matter of numbers. We’re discussing having wise leaders who pay attention to various communities.

Students at IBMS are equipped to address these important issues head-on due to the MBA program. So enroll right away and set the course for success. Future leaders in an MBA.