According to a report by Management Matters, some positive conclusions have been reached based on the analysis of 10500 business owners in 21 countries.
Narrowed down to eight, below are the reasons to study an ABE qualification for instance:
Improved Performance
Management practices plays a significant role in the difference between the top and bottom performing businesses. If we take the example of the UK, it has been estimated that closing this productivity gap could boost GDP significantly. Imagine what could be the impact in the local Mauritian context.
Productivity boost
It should be noted that productivity raises on average by 11% when advice on management is offered. Regardless of the business industry, a company may thrive and become more productive when formal business management techniques are adopted.
Business survival
After all, proper management training and its application contributes to the overall survival of a business. The business environment is thus more competitive, efficient and innovative – benefitting society as a whole.
Greater entrepreneurial achievement
For those who want to start their own business or have already started, you would be delighted to know that studying a management course will help to stay up-to-date with the latest developments in the industry you are currently working in or plan to work in the future.
A pathway to your business success
While spending on Research & Development, Information Technology or regular upskilling of employees all help in a firm’s success in a way, good managerial practice is sure to predict it better.
Better opportunities to grow rapidly
Many Small and Medium Enterprises (SMEs) have claimed that the adoption of management best practices helped them to be more productive and to grow much faster than those who did not adopt them.
More job creation
Businesses that are well-managed create more jobs, pay higher wages and sell better goods and services.
Less hardship and more happiness
Unnecessary business failures and personal heartache upon losing your business will be reduced. Moreover, research has showed that well-managed workers aren’t just more productive and better paid, they’re happier too.
If you have been thinking of studying a business qualification, you would be delighted to know that Noble Arc Business School offers several diplomas from ABE. Globally recognised and offering you the possibility to climb the up the corporate ladder at every step. ABE diplomas are for instance professional courses aimed at providing the skills and knowledge to succeed in the today’s business culture.
Are you still wondering if Business Management is for you? One of the advantages of ABE qualifications is that they provide several pathways due to its different specialisations offered. As such, you can either study pure Business Management or pair it with Human Resources (HR) or Marketing. This will therefore help you to gain different skillset and provide you with the opportunity to achieve the job of your dreams while having the mindset of a businessperson.
Feel free to contact us for any help, either through our website, by phone: +230 428 8080 or visit us at Sayed Hossen (Jumbo Link Road), Phoenix.
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