Upper Mismanagement – and Who Should Be Blamed for the Economic Crisis

No matter which top business school you talk to, the number of students who enter b-school with the aim to make a career in operations is small, relative to the future investors, CFOs, and traders. At the same time, many schools are updating their core curriculum to make it more relevant to the needs of future managers. More often than not, this means cutting ops and expanding on leadership, communication, and ethics. Now, nothing wrong with these topics… But, if the US wants to recover from the ongoing economic crisis, it sooner or later might want to start producing things again (with things being something like computers or cars, not mortgage backed securities…). 

The link shown below makes an interesting link between the US inability to be competitive in many manufacturing sectors and what we teach at b-school. You might agree or not agree, but this is a timely topic.

http://www.tnr.com/article/economy/wagoner-henderson

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One Response to Upper Mismanagement – and Who Should Be Blamed for the Economic Crisis

  1. Ahmet Yükseltürk says:

    This article maybe also related to this issue: http://www.businessweek.com/bschools/content/jul2009/bs20090713_635092.htm

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