If you follow MBA news, you might know about a recent book called Rethinking the MBA. It’s an offshoot of an internal strategy project at Harvard Business School, and it describes the current state of the MBA, its strengths and shortcomings, and ways that business schools are trying to make the degree more useful and relevant. I took a quick look and wanted to share my thoughts. Continue reading Rethinking the MBA
Business schools and MBA degrees have a bit of an image problem. Despite getting a multitude of applicants, especially during the recession, schools get a beating by the media and pundits every year or two. The criticisms run the gamut:
- The learning attained in business school is easily duplicated at work or through self-directed study
- Supposedly, only a few schools give students a positive financial return after accounting for tuition costs and two years of foregone salary
- There are various gaps in the curriculum (e.g., not enough focus on people management, communication)
- More recently, both the analytical techniques and mindset they promote have been accused of contributing to the financial crisis and ethical problems at companies like Enron
There are a lot of nuances to these arguments, and I can’t cover them all here. So I’m going to present my qualitative opinion on the educational and career value of business school. Continue reading Business Schools Get a Bad Rap
I recently wrote a guest post on Business Consulting Buzz on getting client buy-in, a critical skill for any consultant. That piece covers the more process-oriented aspects of building trust and credibility with clients, but simply presenting well is also important. For that reason, I thought I’d cover some presentation tips in this article. This advice isn’t meant to be exhaustive or necessarily groundbreaking, but it does serve as a useful checklist to consider leading up to any presentation. Continue reading A Practical Presentation Checklist
You’ve probably already heard this saying, right? “The perfect is the enemy of the good.” The idea is that many people, striving for perfection on a project, end up dithering on the details for so long that they fail to deliver anything. It essentially becomes a form of procrastination to fine-tune the details rather than getting a first version of something to your boss or your customers and getting real feedback on it. Personally, I find this aphorism to be very true. As a manager, you should be aware that this problem can be very dangerous, especially for people who are always trying to over-deliver. Continue reading Beware the Perfect Analysis
Often, simply focusing on your daily work leaves you without the skills and knowledge you need in other areas to advance your career. At many companies, training budgets have been cut (or never existed), while many business jobs now involve dealing with more change and variety than ever before. To help people deal with these challenges, a whole constellation of personal development approaches has sprung up, including conferences, self-directed study, and online classes. I have a bias, but I think ongoing business research is a great tool as well. Continue reading How Business Research Fits with Career Development