The spotlight on soft skills continues for future MBA jobs

Sunday, April 15, 2018 at 1am

According to data from the Bureau of Labor Statistics, MBAs naturally will be drawn to opportunities which offer robust job growth, generous salaries and low unemployment rates. There is also another key reason why MBAs need to pay close attention – your ability to demonstrate prowess and succeed in these roles and countless others focusses on the underlying soft skills sought by employers looking to find talent that can lead their organizations effectively in ever-challenging and changing environments. According to the 2017/18 Jobs and Salary Trends Report 2018, employers are telling us that there is still a disconnect when it comes to soft skills. The hot MBA jobs of the future illustrate the importance of desirable soft skills required in current and future marketplace and include:

Negotiating/influencing - the use of persuasion to gain the support to achieve a desired course of action consistent with the organization's strategic goals and objectives

Commercial awareness - staying up-to-date on daily happenings and developments in the business and commercial world

Business communication - the sharing of information between people within and outside the organization that is performed for the commercial benefit of the organization

Problem-solving - the process of finding solutions to difficult or complex issues 

An increasingly complicated, always-changing regulatory environment continues to boost demand for compliance officers, says Paul McDonald, senior executive director for Robert Half, which staffs workers in the finance, accounting, technology, legal, creative and administrative professions. 

Duties may include identifying the risks an organization faces, designing or implementing controls to mitigate those risks and reporting the effectiveness of the controls

To be an effective business operations manager, you need strong communication, organization and negotiation skills to help business departments coordinate to meet their goals. The Bureau for Labor Statistics anticipates that business operations manager roles will grow by 7 percent between 2014 and 2024, adding 151,100 new jobs. 

These business pros oversee a company's finances, producing financial reports, profit projections and ensuring that their employer complies with regulations and laws. For their efforts, financial managers earn a median salary of $117,990. "These sorts of roles are really critical for a company since they’re trying to make sure that they’re making strategic financial decisions

These professionals, also called health care executives and health care administrators, are key when it comes to ensuring that health care organizations are operating efficiently and adhering to changes in health laws and regulations. Medical and health services managers, which rank No. 7 among business jobs, work with doctors, health insurance representatives and other medical professionals, relying on their strong communication skills and knowledge of the industry.

"The complexity of running a health care system or health care business is greater today than it ever was," says Jeff McNish, assistant dean of the Darden Career Development Center at the University of Virginia. "Having people with advanced management skills to manage that complexity is important."

They're bringing that business perspective to that clinical knowledge

These numbers-oriented professionals keep or inspect financial records. Accountants, which rank No. 6 among U.S. News' Best Business Jobs, must have a strong technical and numbers background to perform their duties, experts say. But good communication skills and an understanding of compliance issues and business strategy are also essential.

 

Ifi heads up operations and business school relationships at
leading online jobs and careers platform 
QS Global Workplace,
driving the expansion of an actively global network of professionals
looking to progress their careers. She has over 13 years’ experience in
online recruitment solutions.

 

In other news

  • Lifelong Learning in the Age of Automation

    A decade or so ago, one degree may have set you up for life. The core skills acquired on an MBA program for example, such as corporate strategy and financial accounting, would have been relevant for a lifetime. But in the age of automation, in which technology from data analytics to artificial intelligence (AI) is rapidly reshaping business functions, contin.. Read more >>

  • Big data is a must-have in today’s workforce

    As more companies look to incorporate big data into their business strategy, the more we find its inclusion, within data science, and in the MBA curriculum. While much has been said of the need for skillsets offered by STEM subjects, there’s also a demand for data-savvy managers. Big data is becoming the standard in business, including functional area.. Read more >>

  • How to Turn a Summer Internship into a Full-Time MBA Job

    A summer internship abroad or at home is a wonderful way to suss out a potential employer, make valuable connections and secure a full-time job. But, with so many options, how do you pick the right internship? Competition is fierce, so you’ll need to find a way to stand apart from the pack. We spoke with careers experts and current interns for clues o.. Read more >>

Follow our link

Latest Tweets