Parag Pathak wrote:I see many people say you do not need formal education of management if you have experience. I do not agree with them.
Parag Pathak wrote:Is management is collection of few cheap tricks which can learned at job?
Parag Pathak wrote:or you need to understand management through formal education.
Jimmy Clark wrote:Academic degrees at the gradudate level include learning management techniques and tools from many different sources. When an individual goes through this process and attains an advanced degree, it is easier for him/her to build the trust and respect as described in Henry's post above, especially if you are to manage other managers.
Is it possible to build trust and respect without an academic degree? Of course it is, however it depends upon the context. If you had to manage a team of master chefs and you never actually cooked anything and don't know the details of cooking, you will have a very hard time getting the chefs to respect you, and an even harder time to trust you.
I think there are at least two levels(or may be more depends on company size) here. One is middle level management where manager directly coordinates with end workers, for example project manager with his/her team of developers, sales manager coordinates with sales executives, marketing managers with marketing executives etc. And another level is senior managers who interact with managers working under him/her. At middle level management, knowledge related to work area(for example marketing knowledge for marketing manager, technical knowledge for project managers) is important. At senior level, they require different skills where formal(or informal) management education is helpful.