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The college cookie cutter concept.
Notice how the CEOs of the largest corporations are not the founders of those companies. Except for Bill Gates and Steve Jobs - there are no Henry Fords or Ross Perots in the executive suites.
The best ideas for cost-savings and innovations come from the guys on the factory floor or in the field.
MBAs are paper pushers!
Dad, here’s a great read PING (I’d rather have an “MBA” from life’s lessons learned working in MJ’s than Hahvad University anyday!)
that’s because Harvard’s MBA program has been teaching “social responsibility” and not business for a quarter-century
It’s for the same reason that many(not all) service academy grad wear their HUGE(Super Bown Ring Huge) Academy class ring everywhere, it’s like being admitted to the club. Alot of Masons do this too.
Most business people I know, look to hire REAL kids from the state schools, even....gasp....community colleges. These kids usually work a real job while in school and don’t graduate with the snobby sense of entitlement and utter cluelessness about the real world, inherent in those that attend our local “prestigious” Ivy League school, Washington University.
College professors are one of few professions--along with politicians, with enough media cover--where people can go through their entire career spouting their pseudo-wisdom insulated from ever having their theories tested in reality. They don't even need to be good teachers!
Major universities, along with the media, are the proverbial family businesses of Progressiveism.
Competence is irrelevant. Service to the cause is all that matters.
The students steeped in their theoretical BS then find themselves ill equipped for reality when they hit the real world.
Most companies who are run by people who came up in the operational side of the business do pretty well. Companies that are run by people who came up the financial or legal ladder tend to tank.
I think it comes down to, quite simply, the difference between managers and leaders. I have found that you can, in most cases, teach people to be managers but the same is not true regarding leaders. Good leaders employ good managers.
Robert McNamara and McGeorge Bundy
I blame it on the increasing lack of military service.
The military (all branches) teaches people how to LEAD, and how to do it with a long-term goal in mind. The military also trains its leaders in an environment where mistakes are fatal, not merely expensive.
I’d generally rather have someone who spent some time in the military as an officer or NCO than someone fresh out of Harvard Business.
There was an article about seven or eight years ago in one of the magazines in the Forbes/Fortune category pointing out how Harvard MBAs can generally be counted on to torpedo their employers.
Years ago, at a Naval Reserve weekend, I was in the BOQ one night doing homework for UMass Business School. It dealt with lineral transporation, a gruesome stew of calculus and statistics. My roommate, a Harvard Business School student, asked me what I was doing. I explained and said that surely he had the same sort of homework? No, he didn't. What about the three semesters of calculus and statics UMass students had? Blank look. No, they didn't do any of that at Harvard. I asked what they did. "We read cases." Huh? Without any finance or math? Yup. They read cases for several years, graduated, and got huge-paying jobs on Wall Street. I'll never forget that conversation.
I have found that an MBA is a person, overeducated, overconfident, overpaid and underworked who cannot make it to his/her 15th floor executive office unless the elevator is maintained by a qualified repair person who has greasy hands, stained clothes, callused hands, and a sure knowledge of his own place in the world order.
If you don’t know who REALLY keeps this world going minute by minute or day by day, then you may have an MBA.
btt
bflr
The Peter Principle in action.