How To Score Good Marks 70% in Strategic Management with Example | Neeraj Arora

Neeraj Arora

6 Mar 202011:59

Summary

TLDRThe video script is a dynamic tutorial addressing viewers who might be struggling with their strategic management studies. It offers tips on how to approach the subject, emphasizing the importance of understanding all topics and using keywords effectively. The speaker encourages watching the entire video for a detailed guide, including examples of common mistakes to avoid and how to apply strategic management concepts in exam scenarios. The script also promotes the channel's educational content and urges viewers to subscribe and engage with the material for better results.

Takeaways

😀 The speaker is addressing an audience, possibly students, who are preparing for an exam, specifically mentioning a YouTube channel and a subject named 'Strategic Management'.
📚 The speaker emphasizes the importance of understanding the subject matter deeply and suggests that the audience should watch the entire video for strategic management tips that will help them score well.
🎓 The video content includes a discussion on past exam papers, such as the 'Tight and Service Number 2019 paper', and the creation of a robot by scientists, indicating the use of examples to teach concepts.
📝 The speaker urges the audience to submit their strategic planning subject to the 'sir', indicating a formal academic setting where students are expected to engage with the material.
🤔 There is a mention of common mistakes made by students and the need to understand the basics of strategic management, suggesting that foundational knowledge is crucial for success in exams.
🗂️ The script refers to 'Strategic Group Mapping', indicating that this is a key topic within the subject that students should be familiar with.
📈 The speaker talks about the importance of understanding all topics and not just focusing on certain areas, which implies a comprehensive approach to exam preparation.
📝 The speaker mentions the need to practice writing answers, suggesting that good exam technique includes being able to articulate thoughts clearly and concisely.
📊 The script includes advice on creating diagrams and charts for the exam, which can help in explaining complex concepts and impressing the examiner.
📘 The speaker criticizes the lack of practice among students, stating that not practicing with charts and diagrams can lead to a loss of marks.
📝 Lastly, the speaker ends with a motivational note, encouraging students to follow the advice given, subscribe to the channel, and share the video, emphasizing the importance of continuous learning and improvement.

Q & A

What is the main topic discussed in the video script?
-The main topic discussed in the video script is strategic management, with an emphasis on understanding the subject and providing tips for effective study and exam preparation.
What does the speaker suggest for those who find the subject of strategic management difficult?
-The speaker suggests watching the full video for those who find the subject difficult, engaging with the content in the comment box, and applying the tips provided for better results in their examination.
What is the importance of submitting a strategic planning subject as mentioned in the script?
-Submitting a strategic planning subject is important as it helps in understanding the core concepts of strategic management and is a key part of the examination process.
What is the significance of 'Strategic Group Mapping' in the context of the video?
-Strategic Group Mapping is mentioned as a topic that the speaker has covered in previous videos, indicating its relevance in the study of strategic management.
How does the speaker address the issue of students not being able to understand certain topics?
-The speaker addresses this by advising students to avoid confusing topics and to focus on understanding all the topics thoroughly, suggesting the use of Google for further clarification.
What is the role of 'Business Process Reengineering' in the script?
-Business Process Reengineering is one of the topics that the speaker has covered extensively in the past, indicating its importance in the strategic management course.
Why does the speaker emphasize the importance of understanding all the topics before the exam?
-The speaker emphasizes this to ensure that students are well-prepared and can answer a wide range of questions in the exam, thus increasing their chances of scoring well.
What is the speaker's advice regarding the use of keywords in exam answers?
-The speaker advises students to use keywords effectively in their exam answers as they are crucial for conveying the main points and can significantly impact the scoring.
How does the speaker suggest students should practice for the exam?
-The speaker suggests that students should practice writing their answers, create diagrams, and simulate the exam environment to improve their performance.
What is the speaker's view on the importance of understanding the practical application of the subject?
-The speaker believes that understanding the practical application of the subject is vital as it helps in relating theoretical concepts to real-world scenarios, which is beneficial for the exam.
What is the speaker's final advice to students for exam preparation?
-The speaker's final advice is to follow the provided tips diligently, practice writing answers, and ensure a thorough understanding of all topics to excel in the strategic management exam.

Outlines

00:00

📚 Strategic Management and Exam Preparation Tips

The speaker addresses the audience regarding Bigg Boss and then transitions into discussing the importance of strategic management in business and exam preparation. They emphasize the need to understand the subject deeply, apply tips to achieve good marks, and engage with the content through comments. The speaker also mentions past efforts in creating comprehensive videos on costing and other topics, urging the audience to watch these resources for better understanding. They provide examples of common mistakes to avoid and the correct approach to answering exam questions, such as using a structured format and not deviating from the topic.

05:00

📈 Enhancing Study Techniques and Chart Utilization

This paragraph focuses on improving study techniques and the effective use of charts in understanding and answering exam questions. The speaker advises the audience to make notes and use charts to simplify complex subjects. They discuss the importance of practicing with charts at home and warn against the pitfalls of not doing so, which could lead to confusion and poor performance. The speaker also touches on the topic of business process reengineering and the necessity of understanding key concepts and terms. They stress the importance of respecting the subject matter and not taking it lightly, as well as the value of practicing writing answers before the exam.

10:02

🗣️ Addressing Exam Anxiety and the Importance of Preparation

The speaker addresses the issue of exam anxiety and the importance of thorough preparation. They discuss a specific exam question that was expected to be difficult but turned out to be straightforward, highlighting the unpredictability of exam questions. The speaker emphasizes that not studying leads to failure for the majority of students and urges the audience to check and practice with the provided study materials. They also mention the importance of understanding the entire syllabus and not just focusing on certain topics, as well as the need for respect and seriousness when approaching the subject of strategic management.

Mindmap

Keywords

💡Strategic Management

Strategic Management is the process by which an organization formulates its strategy and ensures its implementation to achieve its goals and objectives. In the video, it seems to be a central theme, with the speaker discussing the importance of understanding strategic management concepts and applying them in a practical context, such as in business exams or case studies.

💡YouTube Channel

A YouTube Channel is a platform where content creators post videos for public viewing. The script mentions a YouTube channel named 'Neeraj and Class,' which likely hosts educational content related to the subject matter discussed in the video, such as strategic management and business strategies.

💡Case Study

A case study is a detailed analysis of a specific situation or event for instructional purposes. In the context of the video, the speaker might be referring to case studies as a method to illustrate strategic management concepts, using real-world business scenarios to help viewers understand the application of these concepts.

💡Tips and Tricks

The speaker mentions providing 'tips and tricks' for strategic management, which likely refers to study techniques, exam strategies, or practical advice on how to approach problems in strategic management. These tips are intended to help viewers achieve better results in their exams or practical applications.

💡Business Process Reengineering

Business Process Reengineering is the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance. The video script references this concept, indicating that it is a topic that the speaker covers, possibly in the context of improving business efficiency and strategic management.

💡Keywords

In the context of the video, 'keywords' likely refer to important terms or concepts in strategic management that students should focus on and understand deeply. The speaker emphasizes the importance of not overlooking keywords, as they are essential for grasping the subject matter and performing well in exams.

💡Exam Preparation

Exam Preparation is the process of studying and reviewing material in anticipation of an exam. The script suggests that the speaker provides guidance on how to prepare for exams in strategic management, including understanding all topics, practicing with past papers, and creating effective study materials.

💡Practice

Practice, in the video, refers to the act of repeatedly working through problems or scenarios to gain proficiency and understanding. The speaker stresses the importance of practice, especially in the context of strategic management, where applying concepts and solving problems is key to success.

💡Study Material

Study Material refers to the resources used for learning, such as textbooks, notes, and other educational content. The speaker mentions creating comprehensive study materials and suggests that understanding and using these resources effectively is crucial for mastering the subject of strategic management.

💡Bigg Boss

Bigg Boss is a reality TV show mentioned in the script, possibly as a metaphor or an analogy to explain a point about strategic management or as a cultural reference to engage the audience. Its exact relevance to the video's theme is not clear without more context.

💡Chart

A chart is a graphical representation of data. In the video, the speaker talks about creating charts as part of the study process for strategic management. This could be for visualizing business processes, data, or other complex information in a simplified and understandable way.

Highlights

Introduction to the importance of strategic management in business.

The necessity of understanding the subject matter for effective learning.

Tips for strategic planning and their application for better results.

Discussion on the comprehensive nature of the content covered in the lectures.

Emphasis on the practicality of the subject in real-world business scenarios.

The role of strategic management in the success of a business.

Importance of defining the subject for clarity in understanding.

Explanation of strategic group mapping and its significance.

Advice on avoiding common mistakes made by students in exams.

The significance of keyword usage in business process reasoning.

Guidance on how to approach exam questions effectively.

The importance of understanding all topics for a comprehensive grasp of the subject.

Discussion on the practical application of concepts in exam answers.

The role of charts and diagrams in simplifying complex concepts.

Advice on the preparation of strategic planning assignments.

The impact of strategic management on business performance.

Encouragement to practice and understand the material deeply for exam success.

The importance of respecting the subject and its depth for better learning outcomes.

Final thoughts on the value of the lecture and its contribution to strategic management education.