the simple mba manifesto: do we really need the mbas?
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Do We Need The MBAs?
Rethinking Business Education
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How do you teach obsession?
Because often it is obsession that drives an entrepreneur'svision.
How do you learn to be an outsider if you are not onealready?
- Dame Anita Roddick, founder of Body Shop
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MBAs Cheat.
56% of all
MBA studentscheat at
Exams.Source: study by the Academy of ManagementLearning and Education of 5,300 students in the U.S.
and Canada
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Whats
wrong withMBAs?
Business
Education is notabout Business.
It is aboutMoney.
Source:http://sprizouse.blogspot.com/2
008/11/amoral-mba-students.html
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Can you nameany successful,
path-breaking,innovativecompany
started by anMBA?
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6MBA Salaries Are Insane
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What doMBAs
Actually Do?
MBAs ranEnron (2001)and thesesuperstars of
the subprimecrisis 2008-9
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MBAs Often
Make BadBosses.
Their education does notalways make them nicepeople.
Pictured alongside is Alec Baldwin inGlengerry Glen Ross
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Create BoringCompanies
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Where PeopleDont LoveWorking
Pictured alongside is a scene from MikeJudges Office Space
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MBA TeachingIs Overrated
A. Fanciful, fictional case studies
B. High on theory, low on practical.
C. Formulae for everything.
D. Students learn not to talk or write like
humans do.
D. Professors who have rarely worked as anentrepreneur or senior manager.
F. Schools create a mystique of excellence by
Choosing only the high scorers.
G. Group work is over-hyped - B-Schoolsreduce every problem to meetings and groupdiscussion.
Source: Michigandaily.com
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MBAs themselves areover-rated.
Add $500,000 for every engineer
in the company.
Subtract $ 250,000 for every(overpaid) MBA onboard.
- Guy Kawasakis formula forvaluing new companies
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Some of the bestsuccesses on theinternet aresingle or two
person stories.
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MBA degrees dontguarantee a job.
Three main issuesfacing the workforce:
A. Self- EmploymentB. Re-killingC. Staying ahead of the
competition.
Source: Michigandaily.com
Wall Street Journal
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Let us reform our schoolsand we shall find littlereform needed in ourprisons.
- John Ruskin
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Education is very expensive.
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Lets Start
With UsingCommonSense
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And A Will ToTeach Ourselves
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B-Schools Do Not Teach Everything
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Books Do
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We Can
learn
Businessin 1 Day
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Or, in 10 Days
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How about 30 Days?
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Or, Read The Best Business BooksAKA The Personal MBA Manifesto
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Read The Success
Manual
Encyclopedia of Advice
- 130 Topics- Summaries of 100+ Greatest Business Books- Advice from Great Experts, Gurus, Writers
- 3000+ Quotes
$14.95 only
http://thesuccessmanual.bighow.com
Copyright 2010 Pramit Singh