4 ms·
If you want to understand how to use an MBA just look at the syllabus to see what skillsets you're working with. From Harvard to London they're the same; "Basi
by nonrandomstring 5y ago
If you want to understand how to use an MBA just look at the syllabus
to see what skillsets you're working with. From Harvard to London
they're the same;
"Basic accounting and economics, simple finance and business law,
organisational behaviour, HR and PR, fundamentals of marketing,
technology and information systems management, risk management and
corporate strategy."
This is a highly useful broad but necessarily thin body of
knowledge. When I was at uni we had to do a basic law and business for
engineers module - and that at least taught me how much there is I
don't know and could hire expert advice on.
The problem is that people see the word "management" and then do
something dumb like put an MBA in charge of things, or worse, people
(that seldom goes with the territory). The MBA certificate became
mystified and given far too much clout in the late 90s when the weak
idea of generalised management of financialised business flourished.
Today we better understand the pitfalls of that whole way of thinking.
It's also possible for someone with existing domain skills, perhaps
even a PhD or lifetime in the MD seat, to go and do a MBA just to
learn to speak modern business language.
Again, these are useful skills, but don't just put them randomly in
charge of things because you see an Ivy League brand and the letters
M.B.A.