!URL
http://www.managementexchange.com/hack-67

!Description
The biggest problem with the conventional MBA programs -- you can’t create managers in the classroom -- is inherent. In general, a lower graduating age means more time available to advance up the corporate ladder, which further means an increased probability of a successful business career. In addition, an increased number of success stories means a larger applicant pool (which also tends to push the average age lower, where managerial experience is low). And so, as long as schools can show some sort of causality between the MBA degree and a successful career, this cycle becomes self-reinforcing. The advent of the Internet has made this causal relationship increasingly elusive. Not only that the knowledge taught in school has a lower value due to its widespread availability, but the limitations of our general understanding of how businesses work is becoming more apparent. And this, as one of the main drivers behind the value proposition of the conventional MBA program, will prevent the
bag
mbi_public
created
Fri, 04 Mar 2011 10:36:27 GMT
creator
dirkjan
modified
Fri, 04 Mar 2011 10:36:27 GMT
modifier
dirkjan
tags
bookmark
management
mbi
creator
dirkjan