MBA News: New Republic Critiques the MBA

A recent article in the New Republic adds depth to the critique that the MBA teaches too much finance, in that it attempts to explain what the MBA does not teach enough of: operations. Noam Scheiber notes the historical roots of this shift and discusses the perils of having management teams that are oriented towards the bottom line, not the products themselves. He argues that American manufacturing won’t be able to recover until industry and business schools develop a management class capable of devising and innovating in the production realm, instead of buying and selling assets. An interesting article which we thought was worth the read…