April 05, 2018

April 05, 2018 @ 06:03 PM

IBS banner

You can't bask in past glory

Post MBA exams you will be tested for WAT or Written Ability Test so it is advisable to read variety of topics. Today, you will read WAT topic: “You can't bask in past glory” 

When an individual becomes successful in life, he feels he is on cloud nine. It is not wrong to enjoy your success and bask in the glory of your achievements, but it is important to come to terms with reality. 
Success doesn’t last forever without hard work. So, once you are successful in life, it doesn’t mean that you can sit back and relax. The world we live in is dynamic. Things are changing every minute and yesterday’s news is considered stale today. So, to stay in the limelight, it is important to work hard so that your success doesn’t become history.
When it comes to competitions, every year there is a new winner. Ian Thorpe, a world renowned swimmer has managed to stay in the limelight because he doesn’t bask in past glory. Just because he had won swimming competitions in the past, he has not become complacent. He still works hard to compete with new swimmers.
 In tennis, Serena Williams managed to stay in the limelight for more than a decade because she did not let success get to her head. Even though she was ranked number one in the world, she practiced day and night to stay ahead in the rat race. 
When you bask in past glory, you become overconfident and you tend to overlook your weaknesses and your competitors’ strengths. This is the recipe for failure. To succeed in life, you need to constantly work on your weaknesses so that your competitors don’t get ahead of you.
In the smart phones arena, we have seen a decline in Nokia’s market share over the years. Although Nokia was ranked number one in the world in the past, it has lost its market share to Apple, Samsung and Blackberry. This is because although Nokia was a pioneer in the mobile phone industry, it had failed to develop its technology at the rate its competitors were developing. 
There are so many examples around the world that show that one can’t bask in past glory. What’s past is history. To ensure that your past success accompanies you in the present and future, it is important to keep a lookout for competitors around you so that you can identify their strengths and weaknesses and move forward in life. 

Crucial Dates, You Should not Miss

IMI New Delhi
Admissions open for PGDM / PGDM(HRM) / PGDM(B&FS) at IMI New Delhi. Last date to apply is Dec 3rd, 2018.
Birla Institute of Management Technology (BIMTECH)
BIMTECH Admissions Open for 2019.
XIMB, XUB Admissions Open for 2019 at Xavier Institute of Management. Last date to apply December 7th, 2018.
MDI Gurgaon
Admissions Open for PGPM | PGPM-HRM | PGP-IM 2019 at MDI Gurgaon. Last date to apply November 23th, 2018
Admissions open for PGDM-C 2019-2021.
Goa Institute of Management
Admissions open for 2019-2021 at GIM. Last date to apply is November 30th, 2018
Admissions open for PGDM 2019-2021 at SDMIMD.
IMT Ghaziabad
Admissions open for 2 Year PGDM and MBA programs at IMT Ghaziabad- Application Deadline is November 22nd, 2018
ICFAI Business School
ICFAI Business School Accepting Applications for IBSAT 2018
Lal Bahadur Shastri Institute of Management (LBSIM)
Admissions open for 2019 at LBSIM, New Delhi. Last date for applying Dec 15th, 2018
Experience@TAPMI Admissions Open for 2019
MDI Murshidabad
Admissions Open for PGP 2019-21 at MDI Murshidabad
SIBM, Bengaluru
Admissions Open for MBA 2019-21 at SIBM, Bengaluru
XAT 2019 Registration, Application Ends on November 30th, 2018. Exam Date January 6th, 2019