MBA Great thing to do!!
The 1950s was an exciting time for the US economy. The dark years of World War II fade into the rearview mirror and growing businesses realized they needed a new type of manager who would oversee conglomerates that spread across borders and dozens of brands.
But instead of grow their own talent, companies turned to the burgeoning academic management programs-those that granted a Master of Business Administration (MBA for its acronym in English) - for help.
It was a simple idea. Why invest in training young budding entrepreneurs when universities were already in that sector? However, the emergence of concern inspired by the MBA, which was expressed in a 1950 Fortune article written by management guru Peter Drucker, called The Graduate Business School (The business school graduate).
Some of the criticism: the management is doing, not of academic studies. MBA programs created "crown princes" marked for senior positions who knew very little about who would lead the business. Society needs entrepreneurs, not managers of companies. What was the purpose of an MBA, anyway?
These questions and more universities away from business programs-the money flowed through them after all but Drucker wrote that "it would not be an exaggeration to say that business schools, although they have won the war, do not know what to do with their victory. Business schools have 'arrived', without really knowing what their role is, or how to achieve it. "
How can the employer know their role in society, Drucker asked, "if their own professional schools do not know what it is?"
Sixty-three years later, some things have changed. For starters, women-completely absent in the article Drucker, where GE managers spoke of the "bright boys Harvard Business School" - make up 41% of the class of 2015 HBS. Women have made up more than 40% of the Wharton School of the University of Pennsylvania in recent years.
MBA students are generally higher than they were in 1950. Back then, "the typical graduate student came directly from the university," Drucker wrote. "If you have any work experience at all is as a counselor at a summer camp, or maybe it has sold subscriptions for the Saturday Evening Post never lived as an adult in an adult world.". .
Six decades later, most programs take into account their point and now require some years (two to five) years of work experience. "Companies began to ask that. Companies started to demand it," says Elissa Ellis-Sangster, executive director of the Forte Foundation, which works with business schools and corporations to increase the representation of women in business careers .
However, other issues are still under debate. Drucker explains the problem of "crown prince" noting that business schools "there is an inherent tendency towards the production of men looking directly cut way to the top in a large organization, rather than demonstrating their skills and qualities to break through on its way in competition with the rest of the organization. "
Does this make sense. After all, why take time off work to go to school if you do not think you're going to earn more than those years ago? However, other employees naturally resented the presence of these men marked for greatness. And that affected morale.
In general, the current women MBA students have an aura of "Crown Princess" insists Ellis-Sangster: "They have to be trained and advised on how to promote themselves."
But the fundamental perception is still there and can worsen as open opportunities for people to learn skills outside the formal university environments. "If you want to succeed in business, some things are supervaliosas to know," said Josh Kaufman, author of The Personal MBA, a book that explains the key concepts taught in business schools. "
But you do not have to sit in a classroom studies to learn "When Kaufman conducted research for his book, he spoke with many people attending or had attended MBA programs, and many of them said." 'You're going to have a name own in your diploma that means something to some people. '"
An elite MBA can be ideal for creating networks. But there are other ways to make contacts as well.
People also still debating whether MBA programs cover the business skills needed by society. Drucker said that "the US economy needs, above all, the employer well trained. As our economy becomes increasingly an economy of big business, more needs to entrepreneurship. A constant supply of new business is needed to avoid You need people who prefer frozen running a small business to make an executive job in a big company;. because the big companies of tomorrow can only come from small businesses today. "
Even large companies need people inclined toward taking risks in order to prevent large corporations become in "arteriosclerotic". And many business students are interested in running their own businesses. Ellis-Sangster says that many of the students with whom she speaks are interested in starting a business. "It is very appealing to them to build and be in control of their own destiny and create something that is theirs."
But even if the MBA programs teach entrepreneurship, its structure may work against their practice. Tuition fees and living expenses over six figures in the main programs. If students borrow "this is a major barrier to stop what you're doing and start doing something different," says Kaufman.
Undoubtedly, there are still good reasons to get an MBA. Major consulting firms in the world, for example, recruited from the best business schools. And a degree is a way to gain an advantage in many companies. As Kaufman says: "If you are already working for a company, and are willing to pay for it, then let the company pay for the sign."
But as costs rise, the companies might think the idea of paying more for sending their talent away for two years or reconsider what is gained when you press the talent to leave the fold. Ellis-Sangster says that some investment banks are not telling people that "after two or three years, there is no future here unless you have an MBA."
"Employers have simply become much smarter in the way they engage their employees," he says. "They have become very sophisticated in their training and leadership development, and bring teachers to teach courses in their institutions."
The result? Employees do not "get the experience they would get in the business school" -that is, benefits and social networks-creating, "but receive academic training they can get."
But instead of grow their own talent, companies turned to the burgeoning academic management programs-those that granted a Master of Business Administration (MBA for its acronym in English) - for help.
It was a simple idea. Why invest in training young budding entrepreneurs when universities were already in that sector? However, the emergence of concern inspired by the MBA, which was expressed in a 1950 Fortune article written by management guru Peter Drucker, called The Graduate Business School (The business school graduate).
These questions and more universities away from business programs-the money flowed through them after all but Drucker wrote that "it would not be an exaggeration to say that business schools, although they have won the war, do not know what to do with their victory. Business schools have 'arrived', without really knowing what their role is, or how to achieve it. "
How can the employer know their role in society, Drucker asked, "if their own professional schools do not know what it is?"
Sixty-three years later, some things have changed. For starters, women-completely absent in the article Drucker, where GE managers spoke of the "bright boys Harvard Business School" - make up 41% of the class of 2015 HBS. Women have made up more than 40% of the Wharton School of the University of Pennsylvania in recent years.
MBA students are generally higher than they were in 1950. Back then, "the typical graduate student came directly from the university," Drucker wrote. "If you have any work experience at all is as a counselor at a summer camp, or maybe it has sold subscriptions for the Saturday Evening Post never lived as an adult in an adult world.". .
Six decades later, most programs take into account their point and now require some years (two to five) years of work experience. "Companies began to ask that. Companies started to demand it," says Elissa Ellis-Sangster, executive director of the Forte Foundation, which works with business schools and corporations to increase the representation of women in business careers .
However, other issues are still under debate. Drucker explains the problem of "crown prince" noting that business schools "there is an inherent tendency towards the production of men looking directly cut way to the top in a large organization, rather than demonstrating their skills and qualities to break through on its way in competition with the rest of the organization. "
Does this make sense. After all, why take time off work to go to school if you do not think you're going to earn more than those years ago? However, other employees naturally resented the presence of these men marked for greatness. And that affected morale.
In general, the current women MBA students have an aura of "Crown Princess" insists Ellis-Sangster: "They have to be trained and advised on how to promote themselves."
But the fundamental perception is still there and can worsen as open opportunities for people to learn skills outside the formal university environments. "If you want to succeed in business, some things are supervaliosas to know," said Josh Kaufman, author of The Personal MBA, a book that explains the key concepts taught in business schools. "
But you do not have to sit in a classroom studies to learn "When Kaufman conducted research for his book, he spoke with many people attending or had attended MBA programs, and many of them said." 'You're going to have a name own in your diploma that means something to some people. '"
An elite MBA can be ideal for creating networks. But there are other ways to make contacts as well.
People also still debating whether MBA programs cover the business skills needed by society. Drucker said that "the US economy needs, above all, the employer well trained. As our economy becomes increasingly an economy of big business, more needs to entrepreneurship. A constant supply of new business is needed to avoid You need people who prefer frozen running a small business to make an executive job in a big company;. because the big companies of tomorrow can only come from small businesses today. "
Even large companies need people inclined toward taking risks in order to prevent large corporations become in "arteriosclerotic". And many business students are interested in running their own businesses. Ellis-Sangster says that many of the students with whom she speaks are interested in starting a business. "It is very appealing to them to build and be in control of their own destiny and create something that is theirs."
But even if the MBA programs teach entrepreneurship, its structure may work against their practice. Tuition fees and living expenses over six figures in the main programs. If students borrow "this is a major barrier to stop what you're doing and start doing something different," says Kaufman.
Undoubtedly, there are still good reasons to get an MBA. Major consulting firms in the world, for example, recruited from the best business schools. And a degree is a way to gain an advantage in many companies. As Kaufman says: "If you are already working for a company, and are willing to pay for it, then let the company pay for the sign."
But as costs rise, the companies might think the idea of paying more for sending their talent away for two years or reconsider what is gained when you press the talent to leave the fold. Ellis-Sangster says that some investment banks are not telling people that "after two or three years, there is no future here unless you have an MBA."
"Employers have simply become much smarter in the way they engage their employees," he says. "They have become very sophisticated in their training and leadership development, and bring teachers to teach courses in their institutions."
The result? Employees do not "get the experience they would get in the business school" -that is, benefits and social networks-creating, "but receive academic training they can get."
MBA Great thing to do!!
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