{"id":22672,"date":"2020-02-04T14:04:17","date_gmt":"2020-02-04T14:04:17","guid":{"rendered":"http:\/\/hnews.hult.edu\/?p=22672"},"modified":"2020-02-04T14:09:24","modified_gmt":"2020-02-04T14:09:24","slug":"beyond-narrow-business-concepts-soft-skills-are-critical","status":"publish","type":"post","link":"https:\/\/www.hult.edu\/blog\/beyond-narrow-business-concepts-soft-skills-are-critical\/","title":{"rendered":"Beyond (narrow) business concepts: \u201cSoft\u201d skills turn out to be critical skills"},"content":{"rendered":"<p><em><a href=\"https:\/\/www.hult.edu\/blog\/how-going-beyond-business-at-hult-helped-me-launch-my-company\/\" target=\"_blank\" rel=\"noopener\">We recently ran a feature<\/a> on Hult grad <a href=\"https:\/\/www.linkedin.com\/in\/aishwarya-reddy1259\/\">Aishwarya Reddy<\/a>. In it, she talks about how studying at Hult took her beyond business and gave her the skills to thrive after graduation. Aishwarya credits her Hult professor&nbsp;<a href=\"https:\/\/www.linkedin.com\/in\/sherylebolton\/\" target=\"_blank\" rel=\"noopener\">Sheryle Bolton<\/a>&nbsp;as someone who helped her prepare for success with her luxury furniture startup, <a href=\"https:\/\/khenshu.com\/\" target=\"_blank\" rel=\"noopener\">Khenshu<\/a>. Here, Sheryle explains a bit more about the methods and rationale behind her business teaching.<\/em><\/p>\n<h3>&nbsp;<\/h3>\n<h3>Business is all about solving problems<\/h3>\n<p>The world is full of problems to solve. And business is all about solving problems\u2014from how to market a new food delivery business in Addis Ababa, to new ways to get to work in Jakarta, to finding beds for the homeless in NYC. We live in a complex, global world. So, understanding people\u2014standing in their shoes\u2014is key to understanding our differences and our problems. Therefore, intellectual curiosity and empathy are critical skills to develop in order to figure out why a problem got to be a problem, how people\u2019s lives have been affected by it, and how those people&#8217;s lives can be improved.<\/p>\n<p>These skills are the first steps in developing an effective solution and being successful in business. I use cases in my classes about real people in business who have real problems to solve. We typically discuss what the problem is and then move on to how it can solved. There is no perfect solution. The more we understand how the problem developed and its effect on people, the more possible solutions we can develop, compare, and assess through discussion and interaction among students. And business problems are typically complex because there are so many ripple effects to consider\u2014customers, employees, investors, vendors, competitors, and so on.<\/p>\n<p>&nbsp;<\/p>\n<h3>Expect bumps in the road\u2014and use your grit<\/h3>\n<p>To live a life rich in experience, we inevitably encounter many ups and downs. Business works like that, too. We have to expect that some things will not work out, especially in a new or high growth business. For example, \u201cEveryone loved our product but no-one wanted to buy it.\u201d&nbsp; Or, \u201cWe didn\u2019t have enough cash to pay the staff; so they left.\u201d Or, \u201cWe didn\u2019t realize how fast technology was changing.\u201d &nbsp;To get through these disappointments, it takes perseverance and optimism, often called \u201cgrit.\u201d If one thing doesn\u2019t work, then try something else (or \u201cpivot\u201d). And remember to focus on figuring out how to reach your long-term goals, one step at a time. Pick yourself up, keep trying, and believe that you will figure things out.<\/p>\n<p>&nbsp;<\/p>\n<h3>Learn to express yourself clearly<\/h3>\n<p>Another important part of business is cultivating the ability to work with and persuade others. As smart as some students are, it is unlikely they will be successful in business unless they learn to express themselves verbally.&nbsp; A general rule: no one will ever know or care about your ideas unless you tell them. The more persuasive you are, the more power you will have to solve problems. Period. This is why I emphasize class discussion, interaction among students, and presentations about solving problems in specific situations. I do not lecture in my classes. &nbsp;The only way to become confident sharing your thoughts and ideas is to prepare well and then practice speaking up. Think piano or tennis. Practice, practice, practice. You will lose your fear and gain the ability to interact effectively with others for a better solution.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"fw-call-to-action\">\n\t<div class=\"fw-action-content\">\n\t\t\t\t<h2>Found out more about Hult's business degrees<\/h2>\n\t\t\t\t<p><\/p>\n\t<\/div>\n\t<div class=\"fw-action-btn\">\n\t\t<a href=\"https:\/\/www.hult.edu\/en\/programs\/\" class=\"fw-btn fw-btn-1\" target=\"_self\">\n\t\t\t<span>Continue<\/span>\n\t\t<\/a>\n\t<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<h4>More like this<\/h4>\n<p>Read Aishwarya&#8217;s original interview <a href=\"https:\/\/www.hult.edu\/blog\/how-going-beyond-business-at-hult-helped-me-launch-my-company\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We recently ran a feature on Hult grad Aishwarya Reddy. In it, she talks about how studying at Hult took her beyond business and gave her the skills to thrive&#8230;<\/p>\n","protected":false},"author":185,"featured_media":22676,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[146],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Beyond (narrow) business concepts: \u201cSoft\u201d skills turn out to be critical skills | Hult International Business School<\/title>\n<meta name=\"description\" content=\"Going beyond business. Hult professor of practice Sheryle Bolton talks about her teaching methods and the rationale behind them.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Beyond (narrow) business concepts: \u201cSoft\u201d skills turn out to be critical skills | Hult International Business School\" \/>\n<meta property=\"og:description\" content=\"Going beyond business. 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