Hilton Business Lessons

Getting Your Business Education

Pros and Cons of EMBA

By now, you must have heard a lot about Executive Masters in Business Administration (EMBA). You may be thinking to enroll into one. But before that, let me analyze and inform you some of EMBA pros and cons.

1. Improves your business knowledge and skills
2. Enables you to network and make friends with like-minded people (they will be your classmates)
3. Higher level educational qualification to put on your resume to enhance employ-ability

1. Requires you to put in a lot of time and effort (at least a year)
2. Opportunity cost of not working and other indirect costs
3. Tiring

Business Execution Is King

I have learnt that regardless of whatever theories you used to learn in school, chances are if it’s not applicable or useful, you’re guaranteed to forget it quickly.

What’s the point of remembering all the theories if you cannot put to practice? That is what I learnt at the part time executive MBA Singapore course I enrolled and graduated from 2 years ago.

Being in the chemical industry, although what I learnt in high school chemistry was useful, I actually had to revise everything once again when applying it to my business – main reason because it was too long ago, and I simply could not execute the information I used to learn.

However, in the case of an executive MBA class, it was held on a part time basis and this allowed me to learn on Sundays, and apply it on Mondays – making it very applicable and useful for me.

Types Of Business Strategies – Executive Class Lesson

In case you haven’t been to an executive MBA class or you have not read business strategy book, here is a business lesson I learnt and found to be very applicable in the business world.

2 types of business strategy:

1) Low cost strategy

This is a business strategy where the company and business seeks to produce things at the lowest cost, lower than virtually all their competitors. This does not mean their products are cheap – it just means their cost of making the product or executing their service is cheap.

Some companies selling extremely expensive products can follow a low cost strategy as well!

2) Differentiation strategy

This is a way in which companies seek to differentiate themselves from others through their unique selling proposition. Instead of focusing on lowering their costs, they focus on increasing their benefits and value they provide customers in order to sell at higher price points.

Why EMBA Is Better Than MBA

emba vs mba

Perhaps you have heard of the most famous course in the world – Harvard Business School MBA.

But is it really good? Look, other than the great reputation of people who graduate from there, and the sheer recognition, and the ‘supposed’ higher income, that is about all you get!

Have you heard of the phrase, it’s not necessarily what you know, but who you know?

Having lots of knowledge is great, but they must be applied, and EMBA programs Singapore will teach you how to apply them on the weekdays on what you have learnt on your part time weekend executive MBA class.

Also, an executive class has more stringent requirements on job qualifications and credentials over your academic performance – that is why book-smarts are usually found and excel in MBA classes while street-smarts are usually found in EMBA classes!

If you want to be smart, and look prestigious, go study at a Master’s in Business Administration.

If you want to be rich and well-connected to influential people, go study at an EMBA program.

Management Is About Leading, Not Controlling

I’m sure you have heard of business mantras such as ‘a great leader motivates and does not manage’.

In this lesson, I will teach you that management is about leading people and not controlling.

Micro-management is the thing for armies – not us, not in the world of corporations and businesses.

We lead, and the best way to do this is actually not hiring people who are not motivated or attached to the company’s vision and mission. It will only lead to trouble.

Of course, that could be easier said than done, how do we find talented employees like that?

Of course, other than enrolling and learning at a Singapore executive MBA program, you can read the following tips:

– Having the same work ethics as others in the company

– Are passionate (or at least genuinely appears) about their job scope and not just their salaries

– Willing to put in extra effort because he/she feels one with the company and not because of over-time pay or being forced.

Want more business tips and lesson from an EMBA program graduate? Then stay on this website and read my future posts!

Education Issues

One of the more interesting lessons I learnt was from one of my classmates about the education system in the United States, specifically the smaller towns and suburbs.

The main issue there is that the schools are one of the largest employers, and provide a source of income to people. This means that naturally, the schools are meant to provide a livelihood for the teachers… more so than providing learning opportunities to students.

This means that the schools are not even optimized to teach students interesting perspectives or provide any growing opportunities.

You can listen more about this case from Jeb Bush on Education Reform.

Amazing that an executive MBA program can teach you about such different things around the world due to the diversity of the people in it.

Lessons From A Executive MBA Graduate

Hi all, this site is about sharing all the knowledge and lesson I have gleaned from my executive MBA class which ended just 2 years ago.

As a management consultant for many years before entering an executive MBA in Singapore, I managed to learn many things still.

Especially when you consider the fact that your fellow classmates aren’t high school dropouts and aren’t fresh graduates as well, it is natural to expect many executives at top corporate positions at their companies.

It is thus interesting and refreshing to hear different perspectives of people from different industries. Even though I was a management consultant and interacted with companies of many types, I had to imagine myself in their shoes, but when I heard about it from them, the different perspective actually posed a much greater different view than I expected. Thus I would be sharing with you my knowledge I gained from my executive MBA program in Singapore.