I'm guessing the author is an educator himself. I have had experience with numerous MBAs while working in Aerospace. I cannot recall a single instance where one them made a contribution worthy of the degree. Most only wanted to increase their salary. Also, when submitting an RFP to the Government, the more the advanced degrees on staff, the better the odds you would win the contract. Didn't matter what kind of MBA or Doctorate.
I have seen it both ways in my family. A distant cousin is a billionaire from his thinking even before he did an MBA.Education. A nephew, smart to begin with has no such ambitions of listing his company. A nephew doubled his salary from an MBA degree when the economy was good, now he is an entrapraneur and doing well. I have also seen MBAs as dime a dozen,nothing more than glorified salesmen. But overall I agree that education is a lifelong investment in oneself or the society.For myself I was a dedicated educated professional that took pride in education and training I got.
Journalism has, just look at the crap HUFF/POST puts out.
MBA now wothless? Sweet Jesus, let's hope so!
School, yes. MBA, no. The worst employee I have ever hired was an MBA. The stupidest management move I have ever seen, opening his company up to a civil suit from my company, was an MBA. I'd rather hire or work with an entrepreneur who actually has the experience of having to make a payroll.
http://www.bls.gov/news.release/empsit.t04.htmDon't be a fool; stay in school. The idea that investing in education is not investing in one's self is flawed.
Some of the worst managers I ever met came out of Harvard or Dartmouth with mbas. Arrogant, didn't know squat, pissed employees off, ran roughshod over people who were actually doing the real work of the business, passed blame repeatedly, and took credit for others work.Only a few people with mbas at GE were worth a damn, and that's only because they got their asses kicked a number of times by real leaders who actually knew how to run a business. The real leaders were actually engineers by degree and could truly think critically, to solve a business or people problem, rather than spew some bs from a book like an MBA will typically do. I will give them some credit though. They are great at powerpoints and charts and graphs. I mean they could do a PowerPoint on how to pick your nose, and make it show a hockey stick like performance growth, and anyone would believe it.
I have both an engineering degree and an MBA. The vast majority of engineers just don't have the knowledge or know-how to actually run a business. Thinking like an engineer is great when you're actually doing engineering work. But knowing business is what really matters when you're leading a company. In my company, engineers who are put into leadership roles often fail because they aren't leaders and they really don't have a clue about leading a company.
Become ?????It always has been a worthless degree. People are just now waking up to this fact ? You can thank the vast majority of mbas for truly screwing up most businesses. They never gave a crap about employees, always always only look at financials an rarely ever take the time to understand what it actually takes to run a business. They think that all the theory they read in books actually applies in the real world.
LOL....it certainly wasn't useless to me. My current employer is paying me six figures partly because of my education. Without an MBA, I wouldn't have been able to command that kind of salary. That's a fact.
Nothing like a Harvard MBA or lawyer fer expertise. Why ya could earn millions and even get to be President!Lotta good that's done us......
instead, learn to think