Archive for November, 2008

Circles of business knowledge

“lessons you wouldn’t learn in business school – 01″

Managing business is a piece of cake if you have an MBA. Or at least this is the perception.

Personally speaking, I have nothing against MBAs in general or MBA graduates in particular. The thing is that the rise in the number of the so called “professional managers” is raising a number of questions in the circles of business. Those questions have been given a rise in the last period after the global economic crisis. This crisis which started in Aug 07 with the collapse of the sub-prime mortgage market has its effects so huge today more than a year after. Many people think that the roots of the crisis lie in bad decisions made by this new generation of business leaders equipped with a certificate and who lack what the CEO of General Electric calls “Domain knowledge”. Continue reading ‘Circles of business knowledge’


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