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The Problem With MBAs

The Economist: “A different complaint is that business schools fail to teach their students the right things. The strongest advocate of this view is Henry Mintzberg, a professor at Canada’s McGill University. In ‘Managers Not MBAs’, a new book, he argues that conventional MBA courses offer ’specialised training in the functions of business, not general educating in the practice of management’. Their students are often too young and inexperienced to learn skills that, in any case, are often easier to acquire in the workplace than sitting in a classroom. ‘Conventional MBA programmes train the wrong people in the wrong ways with the wrong consequences,’ he complains. They ignore the extent to which management is a craft, requiring zest and intuition rather than merely an ability to analyse data and invent strategies.”

via Business Pundit.

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