The World's Best Companies

A commitment to innovation, diversified portfolios, aggressive expansion, strong leadership, and a clear vision for the future—these are just some of the strategies employed by the best companies to get to the top of the World's Best Companies/Global Top 40 list compiled for BusinessWeek by management consulting firm A.T. Kearney. Two groups stand out: technology and telecommunications companies that have tapped into continuing demand for mobile-phone service and new digital hardware and services, and heavy industry and engineering outfits benefiting from the uptick in infrastructure spending. Have a look at the numbers behind the companies on this list.

Nintendo, Google, Apple, Doosan Heavy industries and Hyundai Heavy industries take top 5 spots in the ranking.

For full list :- The World's Best Companies

Source: Businessweek.com

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IMF says global economic recovery has begun

.The International Monetary Fund on Thursday declared that a global economic recovery has begun led by Asia, also cautioning that the strength of the rebound depended on a rebalancing of global growth.

After a year of being downbeat about prospects for the world economy, the IMF's latest World Economic Outlook revised up its growth forecasts for this year and next.

"The recovery has started. Financial markets are healing and in most countries growth will be positive for the rest of the year as well as in 2010," the IMF's chief economist Olivier Blanchard told a news conference here before the start of World Bank and IMF meetings.

The Fund now expects world output to contract by 1.1 percent in 2009 before growing by 3.1 percent in 2010. This is more upbeat than its last outlook in July when the Fund projected the world economy would shrink 1.4 percent in 2009, before expanding 2.5 percent in 2010.

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IMF says global economic recovery has begun

Source: Reuters

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Jack Welch Launches Online MBA

The legendary former GE CEO says he knows a thing or two about management, and for $20,000 you can, too

A corporate icon is diving into the MBA world, and he's bringing his well-documented management and leadership principles with him. Jack Welch, former CEO at General Electric (GE) (and BusinessWeek columnist), has announced plans to start an MBA program based on the business principles he made famous teaching managers and executives in GE's Crotonville classroom.

For full article Jack Welch launches Online MBA

Source: BusinessWeek

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Business PhD Applications on the Rise

With expenses such as business lunches being curtailed and a dwindling list of new clients, Wayne Nelms knew it was only a matter of time before he would be laid off by accounting firm Grant Thornton.

"The writing was on the wall. I just didn't know when," says Nelms, 36, who worked as senior internal auditor at the company's Baltimore office for two-and-a-half-years. "Then I got the e-mail."

By January he was out of a job and found himself at a crossroads. Reluctant to jump back into the job market immediately, he started exploring his options and stumbled upon the PhD Project, a nonprofit that encourages minority business professionals to earn PhDs and go on to become professors. He'd heard of the program back when he was an MBA student at Howard University but had put it on the back burner after graduation.

For full article: Business PhD Applications on the Rise"

Source: Businessweek

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Make Your Leadership Case for B-School Admission

Leadership is a word thrown around a lot at many a top business school. In fact, leadership is considered the key to getting your foot in the door of top MBA programs. But what does leadership mean and how do you demonstrate to admissions committees in your application that you're a leader worthy of admission?

To determine if you are leader material, most admissions committees will be scanning your application to find certain characteristics—charisma, relating well to others, communicating well, handling difficult situations with grace, strategizing and having a vision, taking action, persuading others, willingness to take risks, committing to something for the long term, working well in teams, and being a great role model. "It's about leaving a footprint on whatever situation you're in and doing more than a good job," says Stacy Blackman, president of Stacy Blackman Consulting. "Leadership is not a solo effort. You're inspiring others and bringing out the best in them."

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