Every time you go to the store and find that the store is still in business and there is food on the shelf, it is because someone went to business school and knows how to optimize demand estimation, pricing, and logistics.
Yes, some MBAs fuck things up. Just like some CS grads fuck things up. But advocating against the study of business is just as naive as advocating against the study of computer science just because there are some bad CS grads.
> Every time you go to the store and find that the store is still in business and there is food on the shelf, it is because someone went to business school
Are you contending that business were not successful before Wharton started pumping out MBAs?
> But advocating against the study of business is just as naive as advocating against the study of computer science
I didn't say 'don't study business', I said 'stick to finance'. MBAs tend to end up destroying innovation and productivity for short term growth and stats.
Jack Welch showed what a successfully motivated 'business oriented' leader can do to an innovative and productive legacy organization when given complete control over it. The MBAs happen to just do it on a smaller scale.
> advocating against the study of business is just as naive as advocating against the study of computer science just because there are some bad CS grads.
Criticizing garbage MBA programs is not criticizing the study of business. Business schools don't study business. They're a place where people make a lot of money selling theories about business that are useless at best and it many places, quite harmful. Learning about business by going to business school is like learning to kiss by reading books about kissing.
I would say that just as every person is unique so is every company unique. And just as there is plenty of pseudoscience plaguing psychology so are MBAs full of pseudoscience. Two fields that are far too obsessed with generalising their advice. Which is not to say that there aren't any useful ideas in these fields. But the vitriolic reaction above is warranted.
Yes, some MBAs fuck things up. Just like some CS grads fuck things up. But advocating against the study of business is just as naive as advocating against the study of computer science just because there are some bad CS grads.