The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
Interest in business ethics courses has surged, and student activities at leading business schools are more focused than ever before on making business serve long-term social values.
In order to succeed in business a man does not need a degree from a school of business administration. These schools train the subalterns for routine jobs. They certainly do not train entrepreneurs.
If you go back to the late '50s, there really was nothing called "academic finance." Well, there was something being taught in business schools as finance, but it really had no strong research underpinnings.
They have a crystalline sense of right and wrong; it disappears when they walk out the door with their M.B.A.
I'm regularly speaking at London Business School and Harvard Business School. They're the next generation of leaders in the fashion industry.
In order to produce generalist courses, business school professors have been forced to invent subjects called strategy, called organizational behavior and so on.
Most business schools are geared toward churning out investment bankers and management consultants.
