Thursday, June 01, 2006

The MBA-Menace (Mintzberg)

"Coventional MBA-programs train the wrong people in the wrong way with the wrong consequences. 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."

Maybe that is why, as Mintzberg gleefully points out, a list of America's most admired business leaders (Warren Buffet, Herb Kelleher, Michael Dell, Bill Gates, Jack Welch and Oprah Winfrey) contains not a single MBA. (The Economist, 2004)

(Picture: Henry Mintzberg)