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- 5/2/06
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- Points
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http://www.bnet.com/blog/business-strategy/b-school-prof-mba-programs-helped-trash-the-economy/
Business schools educate armies of bankers, investors and corporate finance executives. How come they don’t feel responsible for the financial havoc that has ensued?
After the dotcom bubble burst in 2000, and then again, following 2008’s financial crisis, there was a brief flurry of soul-searching among business schools. Then poof, gone. Business schools still don’t seem to be grappling with what it is they’re teaching that could have contributed to the biggest economic failure since the Great Depression. As someone who teaches at business schools in the U.S. and the U.K., I find this deeply troubling.
How can B-schools teach about organizational change and then fail to be examples of it?
How can professors advocate for rigor and then not demonstrate it themselves?
Business schools educate armies of bankers, investors and corporate finance executives. How come they don’t feel responsible for the financial havoc that has ensued?
After the dotcom bubble burst in 2000, and then again, following 2008’s financial crisis, there was a brief flurry of soul-searching among business schools. Then poof, gone. Business schools still don’t seem to be grappling with what it is they’re teaching that could have contributed to the biggest economic failure since the Great Depression. As someone who teaches at business schools in the U.S. and the U.K., I find this deeply troubling.
How can B-schools teach about organizational change and then fail to be examples of it?
How can professors advocate for rigor and then not demonstrate it themselves?
