Welcome back!



Forgot password?

Don’t have an account? Subscribe now

MBA Programs

MBA Programs

The Financial Times had a story about the recent rankings of MBA programs. Let’s look at what these rankings mean from a strategy, productivity and national pride perspective. While these MBA programs don’t produce all of the leaders in industry, they do produce people who play a substantial role in influencing the corporate world—whether at a CEO level, board level, executive level or management level. If you look at Fortune 500 CEOs, a large percentage completed some kind of business training. Many of them are MBA graduates from major business schools, like Standford (Mary T. Barra, General Motors (GM)), Harvard (Jamie Dimon, JPMorgan Chase and Harry Lawrence ‘Larry’ Culp Jr., General Electric (GE)) or Booth (Satya Nadella, Microsoft).

Think about this: Asia is growing very rapidly—not just the far East around Vietnam, Thailand and China, but large parts of Asia and Africa are growing rapidly. If you project that growth over the next 30 years, these are going to be important economies in the world. When China appeared on the scene in the ‘90s, people wrote them off. Thirty years later, they are an important part of the international business community.

Here’s my question: If MBA programs are producing the leaders of the corporate world in the West, and if our growth is slower than Asian economies, how good are our MBA programs? Do business schools need to rethink the way we teach business? MBA programs are producing significant individuals in business, and Western economies have been posting single-digit growth rates—or in some cases, negative growth rates—while Asian economies produce double-digit growth rates. I don’t want to say what’s right or wrong, but that is the reality. If, collectively, all these business schools are leading to this outcome then, collectively, how good are our MBA programs?

This is an excerpt from Monday Morning 8 a.m. newsletter, issue #4.

Want to learn more about how FIRMSconsulting
can help your organization?

Related Articles

Monday Morning 8am

A strategy expert vs. a CEO

A strategy expert vs. a CEO I'm going to end today's Strategy Insights by talking about a client and some of the challenges, successes and particularly one of the deep insights we developed for this client. This client is named Raka, and she’s of Indian origin. She has worked at…

Monday Morning 8am

Sanctions Are Like Punishing Your Spouse by Letting Them Date Other People

Sanctions Are Like Punishing Your Spouse by Letting Them Date Other People The next big theme is called, “Sanctions Are Like Punishing Your Spouse by Letting Them Date Other People.” That’s a funny sounding headline. What am I talking about? Imagine you had a spouse, and you don't think they…

Monday Morning 8am

Three people that influence you the most

Three people that influence you the most The first big theme is titled, “The Three Most Influential People in the World: Roula Khalaf, Gwen Robinson, and Matt Murray.” This is a very deep insight. We have a lot of coaching clients, including very senior coaching clients. I’ve asked our coaching clients,…

We are using cookies on our website

Please confirm, if you accept our tracking cookies. You can also decline the tracking, so you can continue to visit our website without any data sent to third party services.