MBAs
In the words of Warren Bennis, the founding father of Leadership studies, “managers do things right; leaders see the right thing is done.”
Unfortunately, that message is scrambled by the fact that George W. Bush was the first and only President to hold an MBA. The least popular president of modern times – below even Richard Nixon – the smoking gun suggests that Bennis’ bullish point of view on management style might need an update.
The business world is changing at a rate that would have been unimaginable five short years ago. Rapid advancements in technology, global changes in business behaviour and higher expectations from financial investors are placing tremendous demands on the corporate world. These changes now require a different mindset and focus; no longer is the business world looking for standard textbook skills acquired in the classroom, it needs the sharpened business instinct of an aspirational director or driven entrepreneur. The emergence of new global super economies such as India and China shows that we now require a new way of working and conducting business that is a seismic shift from the individualistic twentieth century model of leadership. World class accredited MBA programmes are responding to these drivers.
The skills and knowledge demanded of senior executives cannot always be acquired via experience along the tried-and-tested, well-trodden path to the top. In the modern business milieu excellence has to be immediate.
As a result, organisations are increasingly turning to business programme graduates to bolster their senior management ranks.
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