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To: Buckeye McFrog
Companies were not run like this for the first 200 yrs of our Republic until MBA programs started popping up like mushrooms.

Yes, and Bob Lutz of GM talks at length about this in his latest book. MBAs are typically very short term thinkers. What they are mostly concerned about is advancing their careers and building up their own personal wealth. And they have been damn good at it. But they have destroyed company after company. If the business professors at Harvard or Stanford (and all the other top MBA factories) really knew how to more effectively run companies they would be running these companies and making a lot more money.

I known quite a few MBAs over the years and I haven't met a single one who had any passion for product development, engineering excellence, innovation, or quality manufacturing. There are undeniably some but I haven't run across them.

The ascendancy of the MBA in American Business tracks perfectly with the economic decline of our manufacturing. There are a lot of other reasons and they are mostly concerned with governmental policies and perhaps they are probably greater factors than the MBA but in my opinion MBAs have been a huge negative in American Business.
39 posted on 08/24/2011 12:04:51 PM PDT by truthguy (Good intentions are not enough.)
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To: truthguy

In a quick look of the history of the MBA, it doesn’t look any different than the usual create a degree, and they will come. Harvard took it on in 1908, and then it gained credibility. It all sounds too much like the “food pyramid” where a diet is imposed without any shred of evidence of being correct, and put into the public’s eye, and on cereal boxes, and voila!, it can not be questioned.

The left’s love of “accreditation” goes too far.

It is also the model used to impose european schooling (actually Prussian schooling) on this country by sending students to europe to get degrees not offered here, come back and get into government and civil jobs, and then THEY want to impose the same system here. That is how we got public schools.

This MBA stuff is not too different.


46 posted on 08/24/2011 12:41:06 PM PDT by TruthConquers (Delendae sunt publicae scholae)
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