Leading the way for global busi­ness

The Star Malaysia - Star2 - - HIGHER EDUCATION -

cOM­MERCE in to­day’s world has been re­de­fined by the glob­al­i­sa­tion of the mar­ket­place and busi­ness lead­ers face for­mi­da­ble chal­lenges.

In ad­di­tion to in­ter­nal pres­sures of max­imis­ing share­holder re­turns and cor­po­rate re­spon­si­bil­ity, the ex­ter­nal pres­sures of the in­creas­ingly dy­namic global econ­omy and evolv­ing busi­ness needs of the 21st century are also some­thing that needs to be taken into con­sid­er­a­tion.

Ed­u­ca­tors are tasked with equip­ping to­mor­row’s busi­ness lead­ers with long-term vi­sion, the abil­ity to an­a­lyse risks and op­por­tu­ni­ties amid rapidly chang­ing and un­cer­tain con­di­tions, as well as the ca­pa­bil­ity to cre­ate value for the com­mu­nity around them.

Ad­di­tion­ally, they also need to be pre­pared to re­spond to the chang­ing par­a­digm of global busi­ness.

With that in mind, Tay­lor’s Busi­ness School be­lieves in de­vel­op­ing pur­pose­ful busi­ness lead­ers of the fu­ture through a holis­tic and value-based ed­u­ca­tion.

This is achieved by ap­proach­ing busi­ness stud­ies in a prac­ti­cal and en­gag­ing man­ner, mak­ing it highly rel­e­vant to cur­rent global busi­ness prac­tices.

Since its es­tab­lish­ment in 1993, Tay­lor’s Busi­ness School has grown into one of the largest and most dy­namic busi­ness schools in Malaysia, of­fer­ing highly recog­nised in­ter­na­tional busi­ness qual­i­fi­ca­tions from Foun­da­tion to Bach­e­lor, Mas­ter and Doc­tor­ate (PhD).

Grad­u­ates are pro­vided with a cru­cial foothold for them to be able to pro­pel them­selves into the global arena, whether as fu­ture lead­ers of con­glom­er­ates or suc­cess­ful busi­ness own­ers.

Tay­lor’s takes pride in groom­ing busi­ness grad­u­ates who can cre­ate so­cial value through their busi­ness ac­tiv­i­ties, look­ing be­yond profit mar­gins and em­pha­sis­ing the value of con­tribut­ing to the com­mu­nity.

In or­der to cre­ate a new gen­er­a­tion of busi­ness stu­dents, stu­dents need to be able to see the “big pic­ture” view of the or­gan­i­sa­tion and busi­ness land­scape as a whole.

This will pre­cip­i­tate trans­for­ma­tion in the workplace, a process that can hap­pen when in­di­vid­u­als have a holis­tic view of the com­pany and see be­yond the or­gan­i­sa­tional di­vi­sions and hi­er­ar­chy.

At Tay­lor’s Busi­ness School, stu­dents are pro­vided with op­por­tu­ni­ties to be im­mersed in sit­u­a­tions where they are chal­lenged to look at is­sues from an owner’s per­spec­tive and sub­se­quently make de­ci­sions from an owner’s stand point.

These ex­pe­ri­ences greatly as­sist in shap­ing their view­point from the per­spec­tive of the or­gan­i­sa­tion and busi­ness com­mu­nity, as well as in­flu­ence their de­sire to make a dif­fer­ence.

Stu­dents who pur­sue their higher ed­u­ca­tion with Tay­lor’s Busi­ness School are also groomed to pos­sess a strong en­tre­pre­neur­ial mind­set and a heart for so­cial re­spon­si­bil­ity.

They are en­cour­aged to use their busi­ness acu­men to ad­dress so­cial is­sues and de­velop busi­ness so­lu­tions to im­prove the qual­ity of life of af­fected com­mu­ni­ties.

De­spite be­ing chal­lenged with limited budget and re­sources, they are re­quired to de­velop cre­ative and cost-ef­fec­tive pro­pos­als to achieve their busi­ness goals.

This en­hances their prac­ti­cal ex­pe­ri­ence in run­ning a busi­ness, en­abling them to ap­ply their class­room knowl­edge as well as im­prove eth­i­cal, in­ter­per­sonal, com­mu­ni­ca­tion, lead­er­ship and prob­lem-solv- ing skills dur­ing the project.

An ex­am­ple of a project run by Tay­lor’s Busi­ness School stu­dents is the So­cial En­trepreneur­ship Fresh Mart.

Stu­dents work to­gether to de­velop busi­ness strate­gies in cre­at­ing a “mar­ket­place” on cam­pus to sell fresh veg­eta­bles, fruits, and flow­ers from the farms of Cameron High­lands.

The prof­its are then do­nated back to the lo­cal farm­ers, as part of Tay­lor’s Busi­ness School’s ini­tia­tive to help the lo­cal farm­ing com­mu­nity while al­low­ing its stu­dents to gain ex­po­sure so­cial en­trepreneur­ship through real busi­ness ex­pe­ri­ences.

For more in­for­ma­tion about Tay­lor’s Busi­ness School, log on to www.tay­lors.edu.my/tbs, e-mail ad­mis­sions@tay­lors.edu.my or call 03-5629 5000.

The Fresh Mart is a plat­form for Tay­lor’s Busi­ness School stu­dents to gain real-life ex­po­sure in busi­ness while ben­e­fit­ing a lo­cal com­mu­nity.

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