Businessweek: Management Education on the Fly

"Who got us into this mess? It's not just greedy mortgage lenders and irresponsible economists who are responsible for the current financial crisis. Leaders, so called, have played a role too, by not managing their companies and so being detached from what was going on in them. And behind much of this has been an educational process that encouraged such detachment…" Teaching management divorced from on-the-job experience has produced a generation of bad managers, a McGill professor [Henry Mintzberg] argues. There's a better way.

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