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Looks like a lot of people commenting didn't bother to read the article: "Costco does not hire business school graduates—thanks to another idiosyncrasy meant t
by sologoub 13y ago
Looks like a lot of people commenting didn't bother to read the article:
"Costco does not hire business school graduates—thanks to another idiosyncrasy meant to preserve its distinct company culture. It cultivates employees who work the floor in its warehouses and sponsors them through graduate school."
Note that they do not recruit from B-Schools, but they are happy to send their own employees to graduate school.
In the past, working your way up from the bottom in a large company, being sent for an MBA or MBA/JD combo was a relatively standard thing. Several of my professors/acquaintances have taken this track in Citi Group (I think they got renamed) and the like. Amgen, Boeing, Raytheon, Intuit, etc. (I live in SoCal.) have similar policies and practices where they encourage employees to get a graduate degree (be it Business or Engineering). This is not very groundbreaking and is well documented to be a solid strategy for employee development.