MBA programs are often very competitive and none more so than The Harvard Business School who today only admits approximately 15% of applicants. The average Harvard MBA graduate secures a starting salary of $115K with a $20K signing bonus but this “average” is deceptive as Harvard statistics show that 3% of Harvard MBA’s make ten times as much as the other 97% combined!
So HOW and WHY?
Well, the answer may lie in a study carried out over a 10-year period……
In 1979, interviewers asked new Harvard MBA graduates just one simple question.
“Have you set clear, written goals for your future and made plans to accomplish them?”
· 84% responded that they had no specific goals at all
· 13% had goals but they had not committed these to paper
· 3% had written clearly defined goals and plans on how to accomplish them
In 1989, the same graduates were re-interviewed with staggering results:
· The 13% of the class who had goals but had not written them down, were earning on average twice as much as the 84% who had no specific goals at all
· The 3% who had written clearly defined goals and plans were earning on average ten times as much as the other 97% combined!
It clearly pays to take the time to write down your goals – if you don’t have time to write down your goals, how are you ever going to find the time to achieve them!
