Wednesday, June 1, 2011

General (Business) Knowledge

Yes, it is important to have General Knowledge - to read newspapers, surf the internet blogs and news sites. But it is also important to have general business knowledge. Profs advise that it is useful to read the business section of newspapers like the Globe & Mail, Toronto Star & National Post.

I like spending time in bookstores. Books excite me tremendously. I could spend hours and hours in the Chapters Indigo book store. When in the business section, I feel that I could spend all day there, looking at various books and try and capture the essence of the knowledge offered by the books.

Someday, I hope to be able to dedicate more time to studying these business books. One good idea is to visit the Chapters Indigo book stores, pull up a chair, sit down and scan the books. Doing this from time to time gives a good idea about what are the current topics of interest and what is hot in the market right now. For example, a few years ago "Blue Ocean Strategy" had become a big deal and these books were selling like hot cakes. There is always such revolutionary theories coming out once in a while and MBA students love such new concepts.

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