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Harvard Business Review

Harvard Business Review. How Business Schools Lost Their Way. Presentation By: Czarina Agravante. By: Warren G Bennis and James O’Toole. What Business School Should Be About . . . Academic discipline Educate practitioners Create knowledge through research. What Changed ?.

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Harvard Business Review

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  1. Harvard Business Review How Business Schools Lost Their Way Presentation By: Czarina Agravante By: Warren G Bennis and James O’Toole

  2. What Business School Should Be About . . . • Academic discipline • Educate practitioners • Create knowledge through research

  3. What Changed ? • Fail to impart useful skills • Fail to prepare leaders • Fail to install norms of ethical behavior • Switched objective to conduct scientific research • Question of judgment

  4. What Affected the Change • Professors • Tenure • Adjunct • Scientific Research • Publications • What Gets Taught

  5. Regaining Relevance • Business is not a scientific discipline but a profession • Four Key Elements • Accepted body of knowledge • System that certifies individuals have mastered the knowledge before practice • Commitment to public good • Enforceable code of ethics

  6. Looking Ahead • Business schools have embraced scientific rigor • Forsaken other forms of knowledge • Unstoppable trend toward specialization • Most effective levers • Personnel policies related to recruitment, promotion, tenure ect. • Must create own standard of excellence

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