This article got me thinking a few days ago about how to structure the technology entrepreneurship education program in Davao City. We can’t blame Jack Welch and other executives for regarding MBA programs as nothing more than networking tools. I for one would agree that some B-school subjects are too academic to be immediately applied in business. My marketing subject talks so much about the move from mass production to “mass customisation” and yet the delivery of the subject feels so “mass produced.”
I wouldn’t go so far as saying that B-schools are worthless, however. They play an important role in keeping a community’s management practices up to date and its entrepreneurial spirit aflame. We just need to keep in mind that B-schools exist, not solely for the pursuit of new knowledge, but to support businesses. There has to be a balance somewhere and B-schools will have to find a way to cater to the varying needs of its different market segments.