Archive for the ‘OUTSOURCING’ Category

Do you want to pursue an MBA but can’t find the time? Maybe you don’t feel like being out of a job for 2 years is worth the investment? Maybe all the online MBA programs you know seem too generic? Do you feel that you want a quality MBA without sacrificing your job, your family, or your earnings? This is a quick summary of the top ten online MBA programs based on rankings/reputation, structure, networking opportunities, gained skills, and tuition investment.

1. Instituto de Empresa (IE)

Location: Madrid, Spain
Program: Global MBA
Ranking*: #11 by Financial Times, # 12 by The Wall Street Journal, # 6 by Forbes.

2. Thunderbird School of Global Management

Location: Arizona, USA
Program: Global MBA
Ranking: #1 in International Programs by U.S. News & World Report, # 1 in International Business by Financial Times, # 1 in International Business by The Wall Street Journal.

3. Duke University

Location: North Carolina, USA
Program: Cross-Continental MBA
Ranking: #11 by U.S. News & World Report, # 23 by Financial Times, # 11 by BusinessWeek.

4. Manchester Business School

Location: Manchester, UK
Program: Distance Learning MBA
Ranking: #22 by Financial Times, # 15 by MBA Career Guide Survey.

5. Indiana University

Location: Indianapolis, Indiana – USA
Program: Master of Business Administration (Kelley Direct)
Ranking: #23 by U.S. News & World Report, # 65 by Financial Times, # 18 by BusinessWeek.

6. Pennsylvania State University

Location: University Park, Pennsylvania – USA
Program: Penn State’s Online MBA
Ranking: #38 by U.S. News & World Report, # 43 by Financial Times, U.S. Second Tier Programs by BusinessWeek.

7. University of Florida

Location: Gainesville, Florida – USA
Program: Internet MBA
Ranking: #41 by U.S. News & World Report, # 13 by The Wall Street Journal.

8. Babson College

Location: Boston, Massachusetts – USA
Program: Fast Track MBA
Ranking: #1 in Entrepreneurship by U.S. News & World Report, # 1 in Entrepreneurship by Financial Times, #49 Overall MBA by U.S. News & World Report, # 89 Overall MBA by Financial Times.

9. University of Massachusetts – Amherst

Location: Amherst, Massachusetts – USA
Program: Online MBA
Ranking: #56 by U.S. News & World Report, #2 (Best Overall Academic Experience) by Princeton Review.
10. The George Washington University

Location: Washington, DC – USA
Program: Healthcare MBA
Ranking: #70 by U.S. News & World Report, #67 by Financial Times.

The concept of lean management principles go back as far aso Henry Ford and more recently the Toyota Company from Japan. It was originally known as the ‘just in time’ principles of manufacturing production and delivery. As with all great concepts it has increased in size and scope and adapted to the needs of the new corporate world. This modern approach to waste management within central business functions is a set of principles and techniques that lean management consultants use to spotlight anything in the function that is not completely related to enhancing the benefit derived from the outcome by the client.

The process of events that a entity receives in the lean consulting process is as follows. The consultant gets the outline for the scope of the project. The project could be based around the whole entity or just a ideas for doing this and, as such, it is very difficult to desribe the process. The consultant will produce a document and recommended improvements to the activity they have studied perhaps they will suggest an in house review of functions like software development and marketing, functions that can be easily and effectively outsourced.

The whole process, once given to a lean consultant, will have little impact on the day to day running of the company. This leaves core personnel to get on with their functions as normal. This effect has to balanced against the cost of engaging the consultant as it’s not so much what their process costs but what other costs it saves.

There are so many areas of the business that it can be used with, but so often it is not used on operations that are considered ‘new’. We can all see that using such an proposal on say a manufacturing processes but find it much harder to consider the idea of, say, software outsourcing or lean websites. The more that entities use these techniques and concepts the more wasteful parts of a business’s finished product can be identified and discarded. This will always lead to the fantastic possibility of increasing the bottom line without loss of quality.

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