Question

Topic: Strategy

Managerial Economics & Strategy Building

Posted by Anonymous on 9/15/2010 at 7:58 AM ET 250 Points
Hi, I have 6.5 years experience in market / business research with a MBA Marketing degree. I want to chart my career growth path in strategic planning.

I have the following two questions:

1. Would a course in Managerial Economics help me achieve the growth path I have envisioned for myself?

2. If not, could you please advise me on the right education area (s) that would help me?

Thanks in anticipation.
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RESPONSES

  • Posted by Gary Bloomer on 9/15/2010 at 1:54 PM Member
    Dear soumilyab22,

    My answers to your questions are:

    1. No.

    2. Volunteer your services.

    Sadly, in the eyes of many employers, an MBA isn't worth
    the paper it's written on.

    True, every year millions of students worldwide are hypnotized into thinking that an MBA will set them on the fast track to marketing superstardom.

    But alas, they're being lied to.

    They're all being taught the same thing, by the same people, and oddly enough, much of that teaching is FLAWED because it NEVER addresses people's true problems.

    I have no MBA, no advanced degree, and have never taken a marketing class in my life. Yet I'm a top ten contributor to this forum. How can this be? Because my answers on this forum
    HELP people solve problems and THAT'S the role of marketing.

    So figure out how your skills will help people and they'll repay
    the favour by helping you get where you want to go.

    The role of strategic planning is to get a person or a company
    from A to B while measuring progress along the way against a set of predefined markers, many of which are wrongly put into place by people who have no idea where they want to get to, or how or what it will REALLY take to get there.

    I hope this helps.

    Gary Bloomer
    The Direct Response Marketing Guy™
    Wilmington, DE, USA



  • Posted by cookmarketing@gmail. on 9/16/2010 at 10:06 PM Member
    After X amount of time, future employers look for what you've done, what you've contributed and what you can contribute to their business..unless you wish to teach...get out in the real world and get 'dirty' get things done and prove it
  • Posted on 9/21/2010 at 3:26 AM Accepted
    1. Probably not. It won't hurt you, but it won't help much either.

    2. As previous posters have advised, get out there and do what you want to do. The best education is getting your hands dirty and demonstrating that you have the interest and motivation.

    3. A mentor wouldn't hurt either, even if you have to pay someone to let you watch them in action.
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