5 Business notions that are no more taught in Post Graduate Diploma Courses

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5 Business notions that are no more taught in
Post Graduate Diploma Courses
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5 Business notions that are no more taught in
Post Graduate Diploma Courses

• Entrepreneurship is living a few years of your
  life like most people wont,
• So that you can spend the rest of your life like
  most people cant
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• Students do Post graduate diploma in Management
  to become something in life. You get a learn a
  lot. Time is changing, Industry is changing and
  the style of doing business is changing with it.
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• Earlier when student used to go for Post Graduate
  Diploma Courses, they used to taught a lot of
  values which would help them become successful in
  whatever industry they go. With changing time,
  below 5 teachings are becoming obsolete and are
  no more taught in the schools however still found
  in workplaces

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5 Business notions that are no more taught in
Post Graduate Diploma Courses

• Failure is not an option
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• This notion that taught students that you
  absolutely always have to succeed made them
  unable to take risk. Bill Gates once said, Its
  fine to celebrate success but it is more
  important to heed the lessons of failure. It is
  scientifically proven that putting pressure on
  people to always succeed decreases their
  effectiveness and hence they become less
  productive. This would not only hamper the daily
  work but would also kills the innovation drive in
  the employees which would be bad for the
  organisation.
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• The new notion - Failure happens. Take
  calculated risk and if still you fail, deal with
  it.

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5 Business notions that are no more taught in
Post Graduate Diploma Courses

• Customer is always right
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• This is the old saying which could never go old -
  The customer is king. As much as I agree with
  this, I disagree on a single factor that you
  should never make your employees unhappy in order
  to make a single customer happy. Remember your
  employees are the ones who are your face to the
  customers. Making them unhappy can make your
  larger customer base unhappy which you would
  definitely cant afford.
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• The new notion - Happy Employees make Happy
  Customers
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5 Business notions that are no more taught in
Post Graduate Diploma Courses

• Do not get satisfied ever
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• A good business model is the one that always want
  more. We beg to differ here. Having this notion
  is a bad mistake which lies on a misconception
  that being satisfied would mean you will stop
  making effort. But this is a wrong notion. A
  constant sense of dissatisfaction also breeds a
  negative environment in the organisation and
  therefore affects productivity of the employees.
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• The new notion - Be appreciative but never
  complacent

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5 Business notions that are no more taught in
Post Graduate Diploma Courses

• Nice guys do not last long
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• It is often believed that being nice hinder your
  career growth but that is so not true. You should
  be nice at work. Only a delightful person would
  create a positive energy for others to work as
  well.
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• The new notion - Nice guys know how to get the
  job done.
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5 Business notions that are no more taught in
Post Graduate Diploma Courses

• Grow or Die
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• This is a common notion that a business either
  grows or die that is a business is only
  successful when it is growing. But this is a
  wrong notion. Growth although creates a positive
  environment and increases future opportunities
  but sometimes all you need is take some time to
  consolidate your existing business and then seek
  for growth. Growing at a very fast pace can also
  lead to consequences which are not good for
  companys existence.
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• The new notion - Grow when you get to grow.