WHY MBA STUDENTS and MANAGERS REQUIRE SYSTEM APPROACH

One of the best managerial skills is problem solving and other one is decision making. A good manager has a special view to the problems in business. In fact a manager requires looking at a problem in different perspective and analyzing a problem with multiple environmental factors that cause some effects. This type of thinking to the problem is called system thinking or holistic approach.

 What is holistic or system thinking?

System Thinking

In holistic or system thinking a problem (business, decision, etc.) will be analyzed as a set of factors or elements that are interrelated together and have effects. Business is not an island; we need different elements in business to survive. For example if you analyze your customer problem without any attention to your suppliers what will happen. In medium and large scale businesses it is more important to have holistic approach. 

MBA is general program and the contents for MBA courses have been designed to improve managerial skills. MBA courses have multi-skills managerial contents to improve students’ knowledge in different fields and specializations. An easy survey in some business schools and colleges shows that MBA curriculum does not have sufficient contents for system thinking skills.

For example some Indian colleges have more concentration on Finance and HRM specialization .This is an old course design. Maybe Indian MBA students are more interested in these fields or careers and job opportunities are more in Finance and HRM. 
In well known western business schools like Harvard Business School , Stanford Business School , they have more focuses on Leadership , Entrepreneurship and Strategic Management.All of these fields are related to the system approach .

We need system approach

For example, in recent years with growth in IT and other technologies we need technology management, system management or we need changes and design of new business models. Lack of system thinking in modern age will cause some problem.Technology management will be a big challenge for managers in future and managers should think about this problem more and more.It is more critical for underdevelopment countries .
A small business has dependencies to the technology as like large scale businesses .Each business model consists of some elements and they have some impacts on business , an entrepreneur or businessman needs to find relationship of these factors and manage them. 

Today everything is a system and all organizations require managers with system thinking abilities to help them gain more competitive advantages.One of the best courses in MBA system or MBA IT is system analysis and design , it is helpful because provides some useful tools and approaches to analyze the business's requirements.It is helpful when it becomes an essential step for innovation in business.Lack of managerial skills in analysis wastes so many resources in organizations in procurement of new technologies like Information Systems .
Technology and more specific Information Technology should be adopted and managed in efficient way , but some organization are just users and some of them are just developers , who wants to  utilize?

You may want to see:

USE Study of Macroeconomics in MBA

Key Indicators of Macroeconomics or Important Macroeconomics Factors 

SWOT Sample in Macroeconomics for MBA 

MBA Curriculum or Syllabus