Re: Value of MBA, MBA Courses

Richard Karash (
Tue, 22 Nov 1994 14:25:32 +0001 (EST)

I've combined two replies to create this message.
Date: Mon, 21 Nov 94 08:10:30 GMT
From: (Andy McClelland)
Subject: Re: Value of the MBA

Sub-title: A feline amongst the avians!

"Chas. A. Barclay" <> wrote
> There is not a Senge seminar in the world that will double your
> income after you complete it, even in two years like an MBA will.
> This is the premier professional degree for earning power.
This is a sad but true indictment of why many (maybe most) people
undertake an MBA.

Andy McClelland

Date: Tue, 22 Nov 1994 11:08:33 -0500
From: (Dr. Ivan Blanco)
Subject: Re: MBA courses

> Shaun TANG quotes H. Thomas Johnson
> >> "There are now more than a million
> MBAs.If they were improving the quality of U.S. management, the
> results ought to be obvious by now. They are't."
> I don't know. I look in Time Magazine (10/24) and see the story about how
> American manufacturers are, by far, the most productive in the world. The
> article shows BMW building cars in Sparanburg, SC with quality standards
> above and costs below anywhere else in the world that BMW could have built
> the factory. The article also cites the Nucor steel plant as the most
> prodcutive (statistically) plant in the world. Obviously something has
> occurred in American management culture to revive the manufacturing sector.
> Likewise the American finacial services sector -- the diversity and value of
> the products from this area eaily dwarfs that found anywhere else in the
> world.
It would be interesting to find out how much of this success is
due to MBA education, or even management education at any level.

> It's easy to bash MBA's, but it's almost impossible to disassociate the
> results now evident in American industry with an increasing professional
> satndard among management. No study to correlate the causes and effects, but
> the results that are now present in the American economy point to some agent
> that has managed to create a quantum leap in both quality and cost
> containment.
> = Joe Raimondo =
> ================== RFC 822 Headers ==================

I don't exactly know what the "professional standard among
management" relly is. In fact, companies like Chrysler are now succeeding
because they move somewhat away from what used to be our notions of
business management. I think that Chrysler has learned more during the
last 5 years, than it did the previous years it was in existance! And it
has done a great job at coming out the whole, and it continues to improve.

On the other hand we see a lot of companies doing "cost containment" with
layoffs, downsizing, and this does not represent a lot of learning. This
is the old approach of cutting costs to improve the balance. I have doubts
about the soundness of this tactic.


R. IVAN BLANCO, Ph.D. Voice 305 899-3515
Assoc. Prof. & Director Fax 305 892-6412
International Business Programs
Andreas School of Business _________E-Mail Addresses________
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