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 In about 300 – 400 words, write an essay analyzing the below case study using the SWOT framework. Creating Leaders In American, business schools have long aimed to provide general business education for a career as a leader or manager in the form of

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مُساهمةموضوع: In about 300 – 400 words, write an essay analyzing the below case study using the SWOT framework. Creating Leaders In American, business schools have long aimed to provide general business education for a career as a leader or manager in the form of    الخميس أكتوبر 02, 2014 5:36 pm

In about 300 – 400 words, write an essay analyzing the below case study using the SWOT framework.


Creating Leaders

In American, business schools have long aimed to provide general business education for a career as a leader or manager in the form of the Masters in Business Administration (MBA). The first Master of Business program was established at the Tuck Business School in the early twentieth century. Today, there are over seven thousand MBA colleges and universities offering the program as part of their curriculum. In both the U.S. and most parts of Europe, an MBA degree from a leading educational institution holds great value and opportunity to those seeking higher education. A Master of Business Administration program from a leading college or university offers a wide range of benefits including business knowledge, leadership abilities, and networking. Overall, MBA graduates obtain higher positions in business and management, especially for those who already hold executive and managerial positions. For most people, a huge pay raise is enough incentive to get an MBA degree. MBA candidates can expect to earn at least 50 percent more than they earned before obtaining the degree.

However, the MBA has few of the characteristics of traditional professional training. For example, it involves no promise to follow professional standards, as seen with qualifications in law, medicine, auditing and accountancy. There is also no commitment to taking shorter follow-up courses as part of the professional’s continuing education. Worse, argues Mr Khurana, who is currently writing a book on the evolution of management as a profession, some of the theories taught in business schools conflict with a sense of professionalism. For example, if managers are ‘agents’, shareholders are ‘principals’ and organizations simply process contracts, the implication is that a manger has an obligation to fulfill a contract, as does a consultant or an investment banker, but owes no loyalty to a larger body, which is one of the characteristics of a professional.

A further criticism of MBA courses is that they may be more useful at training people to advise large complex corporations than to run them. Certainly, many companies seem critical of the courses that business schools teach. When INSEAD, a top-ranking business school near Paris, asked the companies whose managers it educates what they wanted, it found the answer was increased hands-on experience, less analysis and fewer case studies.

So schools are redesigning their courses. The Sloan school at MIT is offering MBA students a three-day workshop on ‘visioning’ and role-playing, and a selection of compulsory leadership courses, including one on leading in an entrepreneurial firm. There is a course on self-assessment, and the option to work for an organization, create change, and be coached on how they are doing.

Such changes may help business schools to retain clients, especially for executive education, which has been one of their most profitable sidelines. But companies often want to teach their up-and-coming leaders themselves. Many now have programmes loosely modeled on GE’s in-house academy, Crotonville, founded by Ralph Cordiner, who ran the company in the 1950s. Chief executives such as Jorma Ollila at Nokia and JT Battenberg of Delphi, a large car parts company, personally teach on such courses.

Noel Tichy, a guru at the University of Michigan, cleverly runs a course to teach business leaders to run their own courses. He points out that most business school staff are researchers with little real-world experience. “Leadership is a clinical art, and people need experience,” he argues. “You don’t train a physician by getting a researcher to perform open-heart surgery”.

Whether people can learn to be leaders from traditional business school courses is questionable. Most people probably learn largely on the job, by watching and by making mistakes, as they have always done.

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In about 300 – 400 words, write an essay analyzing the below case study using the SWOT framework. Creating Leaders In American, business schools have long aimed to provide general business education for a career as a leader or manager in the form of
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