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> Guy with an MBA tells company to do the only advice guys with MBAs know Its already been talked about endlessly here but time and time again we see that when
by usednet 4y ago
> Guy with an MBA tells company to do the only advice guys with MBAs know
Its already been talked about endlessly here but time and time again we see that when MBAs come in, pay decreases but profits don't increase.
https://www.nber.org/system/files/working_papers/w29874/w29874.pdf https://www.nber.org/system/files/working_papers/w29874/w298...
- cbzbc 4y agoThere's also this research: https://hbr.org/2016/12/mbas-are-more-self-serving-than-other-ceos https://hbr.org/2016/12/mbas-are-more-self-serving-than-othe...
- MuffinFlavored 4y agoI sent this to my (very successful $100m-$300m net worth as far as I know) friend who has an MBA and used it to create his small businesses that he ended up profiting from/selling. He did not like/agree with the stats, lol.
- wizzwizz4 4y agoYour friend isn't an MBA going in to existing organisations.
- refurb 4y agoI mean, that should be surprising? I imagine the MBA bean counter types are brought in when things are going badly?