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Focus on lean management sets Sustainable Business MBA at Maharishi University of Management apart
by Global Good News staff writer
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4 September 2012
The recent success of Maharishi University of Management's MBA students in a continent-wide business competition led Andrew Bargerstock, director of the MBA Accounting programme, to talk about the MBA options the university offers.*
Those options include an MBA in Accounting, Business Process Improvement, and Sustainable Business, thus giving students an opportunity to specialize in any of these areas.
One of the most popular options is Sustainable Business.
Professor Bargerstock explained the interest in the programme:
'This is an exciting time in the world where there's a growing awareness of responsible use of natural resources.'
In the MBA in Sustainable Business, the courses teach the traditional knowledge—how to be more responsible, how to reduce carbon footprint, and how to eliminate waste—but they also teach something more, lean management.
'The whole idea of eliminating waste and maximizing the value that you bring to customers is something that was pioneered by Deming and the Toyota Motor Company in Japan. These principles have been generalized into a philosophy known as lean management,' Professor Bargerstock explained.
This is something unique to the MBA curriculum 'because we actually teach the students lean management as part of their Sustainable Business MBA. They learn the approach of Kaizen, which means continuous improvement in Japanese.'
In addition, they learn a systematic methodology in Kaizen that focuses on 'isolating those activities that are not adding value to customers and stamping out that form of waste. So it's a very systematic, yet easily learned, methodology.'
According to Professor Bargerstock, teaching sustainability alone is not enough.
'I look at sustainability, as it's commonly taught, as patchwork on a problem, whereas when the students also have lean methodology, then they are able to help the company or organization stamp out waste in all its forms,' Professor Bargerstock concluded.
* Among other special features of the unique approach to MBA education at Maharishi University of Management, students learn the most widely practised, extensively researched, and most effective method of self-development in the world. All students practise the simple, natural technique of Transcendental Meditation each day to improve learning ability, optimize brain functioning, and reduce stress.
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