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Role of Social Quotient (SQ) in MBA education and beyond

SQ helps students to establish a connection with grassroots and is essential for standing out and excelling in leadership roles. (Credits: MET Institute of Management)

MBA students want more than just intelligence and strong marks in the fast-paced corporate world of today. They must also have strong interpersonal skills and be able to function in groups. MBA programs typically concentrate on problem-solving and data analysis, but today’s companies need executives who can manage teams, communicate effectively, and empathize with a variety of individuals.

MBA students who transition into leadership positions must perform critical tasks like leading teams and reaching significant judgments. Because of this, developing strong interpersonal skills and a high Social Quotient (SQ) are crucial for creating effective leaders. It assists MBA students in developing into well-rounded leaders who have the ability to positively influence both their organizations and society at large.

Understanding various cultures is extremely crucial in the globalized corporate environment of today. High SQ MBA students are able to collaborate well in teams with individuals from diverse backgrounds and are able to recognize and appreciate cultural differences. All things considered, having a high SQ is essential to success in business and goes beyond simply being gregarious or extroverted. A leader with a high SQ not only improves the work environment in their organizations, but also contributes to a better society overall.

I think that social skills are more than just people skills or soft skills. It includes a wide range of skills, such as inclusion, empathy, teamwork, and collaboration.

Strong social intelligence (SQ) is necessary to stand out in today’s competitive work market and succeed in leadership positions. SQ is more than just interpersonal communication skills and emotional intelligence. It is about possessing a wide range of abilities that enable you to collaborate effectively with people and lead effectively. SQ is the capacity to empathize with others, ensure that all individuals feel valued, and adjust to varying circumstances and viewpoints. It also involves having strength, integrity, humility, and the capacity to uplift and inspire people.

Additionally, being socially conscious and making decisions that benefit others as well as yourself are traits of SQ. SQ is really about being an exceptionally good leader who values people and improves society.

Additionally, the growth of SQ among MBA students creates a crucial link with the base of the social pyramid, the grassroots, and the ground level of society. MBA students get insights into possibilities and challenges that arise in the real world by knowing and interacting with certain sectors of the population. This relationship makes it easier to make morally sound business decisions that benefit the organization and advance society as a whole. MBA graduates may promote inclusive growth and sustainable development by incorporating the viewpoints of underprivileged communities and taking their needs into account in corporate plans. Therefore, developing the SQ of MBA students involves encouraging a group effort to build a more just and prosperous future for everyone, in addition to focusing on individual achievement.

Additionally, MBA students who cultivate SQ create a practice of contributing to society, which has a positive impact on both their own growth and the world at large. MBA students gain empathy, a sense of social responsibility, and a generosity of spirit when they interact with communities and comprehend their needs through social activities. These attributes not only strengthen their character but also mold them into kind leaders who put the well-being of others before their own financial gain. MBA students enrich their social capital (SQ) and advance the common good by actively engaging in programs like volunteer work, community service, and socially conscious corporate practices. In the end, developing the practice of giving back to society gives MBA students a wider viewpoint, deepens their comprehension of the world, and gives them the ability to meaningfully contribute to the creation of a society that is more just and equal for all.

Ramesh Bais, the governor of Maharashtra, has commended the MBA students of MET’s Institute of Management, Bhujbal Knowledge City, Nashik, for their significant social endeavors. This is a noteworthy demonstration of social responsibility and community participation. As part of the “MET CARE – Together We Rise” projects, these students have shown a remarkable dedication to bringing about positive change in Nashik.

Governor Bais praised the students’ work, pointing out two particularly noteworthy projects: “Traffic Transform: Empowering Nashik for AmritKaal Mission” and “Empowering Nashik: Our Journey of Social Change.” Many students were involved in solving urgent social and traffic-related concerns through these efforts, demonstrating the students’ commitment to the welfare of the community.

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Meet man whose life changed through one drunk text, built Rs 7500 crore company, not from IIT, IIM, NIT

Ashish Hemrajani

Ashish Hemrajani is the CEO and co-founder of BookMyShow, a popular website for buying tickets to live events in India such as sporting events, plays, concerts, and movies. In 1999, he founded Bigtree Entertainment, the parent company that runs BookMyShow. 

The founders of BookMyShow are Ashish Hemrajani, Parikshit Dar, and Rajesh Balpande. They are alumni of Sydenham Institute of Management, Mumbai University. Ashish Hemrajani currently serves as the CEO of BookMyShow. 

Ashish Hemrajani, co-founder and CEO of BookMyShow, revealed in an interview that he once shared his business idea with his boss through a drunk text message back in 1999, as per the Entrepreneurs Today report. Surprisingly, his boss supported him, saying, ‘No problem. Go for it.’ It was this unusual conversation that set Hemrajani on the path to creating the influential platform, the report added.

With a background in marketing and advertising, Hemrajani played a pivotal role in the company’s inception. As multiplexes and electronic payment methods gained traction, he transitioned from offering back-end ticketing services to creating BookMyShow.

Ashish Hemrajani holds an MBA in Marketing from Sydenham. Before founding BookMyShow, Asish worked for J. Walter Thompson, an advertising company, holding positions in the client and account management departments. According to a StartupTalkey story, he later made a strategic change with BookMyShow and is currently the founder and CEO of the business.

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About BookMYShow

“Go For Ticketing” was BookMyShow’s original moniker. In 2002, the company went by the name “India Ticketing” before changing to its current moniker. When the company, which was then known as “India Ticketing,” launched a name-suggestions contest for its employees in 2007, an intern engineering student came up with the idea for BookMyShow. The report also stated that in this approach, the business developed a name that aligned with its aims and objectives.

Founded in 1999, Big Tree Entertainment Pvt. Ltd. is the owner and operator of BookMyShow, one of India’s premier entertainment destinations and a one-stop shop for all your out-of-home entertainment needs. BookMyShow was launched in 2007. Thanks to partners from across the industry, the company, which has locations in over 650 Indian towns and cities, offers millions of customers unmatched entertainment experiences. The company’s LinkedIn profile states that it has developed over the years from a fully online ticketing platform for films playing on over 6,000 screens to end-to-end management of live entertainment events, including music concerts, theatrical productions, sports and more, all executed to the highest standards in the world.

According to the The Time of India report, the valuation of BookMyShow is estimated to be around Rs 7,500 crore ($900 million).

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