Soft skills are highly sought by employers

Every year The Financial Times (FT) summarises and collections the qualities that are very stared by international companies which recruit MBA graduates. Their latest review results published in September 2018 display that the so-called soft skills – the relational qualities that are also harder to measure and teach – are those most valued by employers. Examples include the aptitude to work within a team and with people from different families and cultures. Irrespective of the industry and job role you end up in, outstanding teamwork will be central to the company’s success. The capacity to solve compound problems is another soft skill that was rated by the plotted employers as a highly important one to chief during MBA studies.

Annual research has shown by the Graduate Management Admission Council (GMAC) also discloses that international organizations seek out MBA workers with well-developed soft skills. In their 2016 report, an employee’s aptitude to fit into an exact organizational culture was ranked as the most wanted trait. Similar to the findings of the FT, cooperation and the aptitude to make an impact round off the top three favored MBA skills. Results from the following year are alike, with soft skills usual over the more technical, hard skills.

Hard skills are also appreciated

Without hesitation, teamwork, decision-making, and problem-solving are characteristics that all business professionals and bests should nurture. Nevertheless, this does not nasty that possessing technical abilities will be useless in your job search and throughout your career. According to the 2018 FT report, specific hard skills such as programming and being occupied with data are also extremely sought by some employers.

Industry-specific differences

No substance how useful they can be indecisive about what employers find valuable, it is important to take education on the topic with a pinch of salty. Why? Because the insight of your skills and competencies will always depend on the context. Particular excellence may be more highly required by recruiters in some areas of the world than others may. That same excellence may also be needed much more in one trade, while other segments may be in need of completely diverse skills.

Regional differences

Finally, yet importantly, employers located in different countries and regions may display different favorites for the skills they pursue in the MBA graduate pool. According to the GMAC report, businesses in the US and in Asia-Pacific put more heaviness on work knowledge within the manufacturing (the recruiter’s industry sector) while European employers reflect the length of work knowledge (three or more years) as extra important when hiring. Firms located in South America point out linguistic skills as the most important quality upon recruitment.

It would be wise to keep these industry and local preferences in mind when investigating and selecting potential MBA programs to smear for. The skills and capabilities they teach will finally control how you are going to develop in your post-MBA career.

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There was a huge recovery in online market. About 90% increase in online shopping among that 80% for food items. Researchers has also found out that a change in consumers purchasing behavior in product & services.

Situation in this Pandemic –

• As per the scenario the online shopping has given the consumers the ability to buy anything, anywhere & any products. It has accumulated all types of consumers; it has various factors like low price, saves time, convenience, any time shopping, makes availability of products of any type.
• In this pandemic situation consumers are not ready to go market and buy products. Consumers are feared and panic about the spread of corona-virus. If they go out a physical contact & communication can happen with anyone and there is also a restriction in shopping hours.

Lockdown that effected the online market: –

• Amazon, Flipkart, grofers, Swiggy, Zomato, Bigbasket are trying to continuing business in this lockdown.
• Companies like Uber, Ola has suspended their business during the lock-down. As 45% of business got down in cabs & bike in February only.
• Food companies like Swiggy & Zomato operating at 25% – 30% capacity as orders has come down customers are in fear mode & restaurants are also closed as lockdown continues.  
• But, a growth in grocery segment as Bigbasket is growing & Amazon has also increased their sales in grocery items. But they are facing issues to the supply chain as delivery boys are not available, manpower has reduced due to lockdown transportation of goods are facing problem.
• As in this pandemic situation, sales have increase in electronic goods & appliances as 70% online retail sales increase.
• There has been an increase in fashion sales also about 70% in kids’ apparel, eyewear, beauty segment.

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