Inside the shadowy world of business schools.

 By asking the hard questions these schools, the authors hope to point out the weak spots and highlight the possible scenarios, they provide analysis and expose the business schools and their flaws, with a recommendation for directions that they should seize. Amusingly written, without excessive hype and the final chapter on directions for the future contains useful suggestions.&nbsp.

This book is a study of the way in which business schools have emerged from the backwoods of the academic world that they inhabited 20 years ago, into the enchanting global industry position they occupy today. The book is based on interviews with those who run, use, work for and despise business schools.

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The main thesis is that business schools have lost their way as educators or contributors to the art of management, while continuing to run a profitable, though often inefficient business. The main beneficiaries are the alumni who are able to wave the icon of an MBA to attract large rewards, although there is little evidence that they perform as managers better than those without the label. They, in turn, support the business schools with contributions, thereby completing a mutually beneficial reinforcing loop.

Much of the book is taken up with exploring this symbiosis and its benefits for the schools, identifying the rewards of becoming a great name and casting a skeptical eye over the activities of these great names, their ghostwriters, and the networks that are so central a part of the benefit of attending.

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