So in a previous chapter it's mentioned that maybe supply was increased beyond demand for MBAs and it was also suggested that maybe demand for MBAs has gone down. In this chapter it's revealed that in fact demand for MBAs is down.
At last she reached him. He cannot regard it any longer as a concern, as another item on the agenda. He knows she is right. Almost none of his friends consider an MBA important. He himself, when hiring managers, doesn't consider it as relevant anymore. Still…
"B.J., answer me just that. What is saving us from tar and feathers?"
"The respect for higher education," she answers in a lifeless voice. "Respect that is well-deserved by some of our departments but not by others."
It makes sense to him. His mind is racing now, trying to see the ramifications. "When organizations overcome the respect for a university degree the real collapse will happen. I wonder how many business schools will survive then. B.J., we must do something about it. We must save our business schools. They amount to half the university.”
The rest of the chapter is about talk of downsizing the business school.
I wonder why they aren't talking about changing their school such that people want to attend to learn how to do business. I guess that would help with a longterm strategy. And I guess that in the short term, a downsizing is in order.
No comments:
Post a Comment