1/10/2013

Rethinking the MBA: Business Education at a Crossroads Review

Rethinking the MBA: Business Education at a Crossroads
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This is a must read for educators and MBA seekers.
I hardly come across a book that was written with such details and clarity. It is amazing that 3 academics from Harvard Business School were able to write with such clear prose, discuss the MBA programmes of top 20 US MBA programmes without biases, and include detailed description of the MBA programmes and maintain exhilarating reading pace.
For the educators, Srikant M.Data, David A. Garvin and Patrick G. Cullen described how the top MBA programmes are using innovative approaches to a address 8 social and business concers;
1.Gaining a global perspective
2.Developing leadership skills
3.Honing integrative skills
4.Recognising organizational realities and implementing effectively
5.Acting creatively and innovatively
6.Thinking critically and communicating clearly
7.Understanding the role, responsibilities, and purpose of business
8.Understanding the limits of models and markets
The authors' insights and description of how top Business Schools design and develop their programmes could also be used in any Undergraduate programmes .
For MBA seekers, the authors devoted 6 separate chapters to provide detailed description of courses at 6 top US Business School;
1.University of Chicago Booth School of Business
2.Insead
3.The Center for Creative Leadership
4.Harvard Business School
5.Stanford Graduate School of Business
6.Yale School of Management
MBA seekers will have better understanding of and preparation for the demanding and torturous training programmes that they will undergo. At the same time, they could judge how these programmes will meet their needs. Even if they were to choose other Business School, they will be able to demand similar programmes or a hybrid of the staples of these MBA programmes.
It is a great book to keep! Why?
Because the authors have included so much details that you could develop your own in-house programme from it!


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"Business Schools Face Test of Faith." "Is It Time to Retrain B-Schools?" As these headlines make clear, business education is at a major crossroads.For decades, MBA graduates from top-tier schools set the standard for cutting-edge business knowledge and skills. Now the business world has changed, say the authors of Rethinking the MBA, and MBA programs must change with it. Increasingly, managers and recruiters are questioning conventional business education.Their concerns? Among other things, MBA programs aren't giving students the heightened cultural awareness and global perspectives they need. Newly minted MBAs lack essential leadership skills. Creative and critical thinking demand far more attention.In this compelling and authoritative new book, the authors:·Document a rising chorus of concerns about business schools gleaned from extensive interviews with deans and executives, and from a detailed analysis of current curricula and emerging trends in graduate business education·Provide case studies showing how leading MBA programs have begun reinventing themselves for the better·Offer concrete ideas for how business schools can surmount the challenges that come with reinvention, including securing faculty with new skills and experimenting with new pedagogiesRich with examples and thoroughly researched, Rethinking the MBA reveals why and how business schools must define a better pathway for the future.

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