MIT World » : Managers Not MBAs: Debating the Merits of Business Education

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Semler and Mintzberg - Managers Not MBAs: Debating the Merits of Business Education

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VIDEO (60 minutes) - Managers not MBA’s: Debating the merits of business education (Ricardo Semler & Henry Mintzberg, MIT Leadership Center)

According to Mintzberg, most MBAs aren’t worth the paper they’re printed on. “Management is where art and craft and science meet,” and most MBA programs are simply “training in analytical skills for analytical jobs… like investment banking and consulting.” Whatever you do, don’t confuse an MBA with a license to manage, warns Mintzberg. “If people want to be managers, there’s a better route to it: get into an industry, know it, prove yourself, get promoted into a managerial position—and then, go to a program that uses managerial experience explicitly—not other people’s cases, but your own experience.” Mintzberg recommends a “natural managerial program,” where “soft skills” and ethical approaches blend imperceptibly with analysis. “The idea you can parachute in and manage anything is absolute nonsense.”

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Mintzberg and Semler (2005) - Around 30m Henry gets passionate about the depravity of leadership and management, FEMA (Katrina, parachuting in managers without experience, out of context), hiring CEO for the long-term but rewarding for the short term quar

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- e yourself, get promoted into a managerial position—and then, go to a program that uses managerial experience explicitly—not other people’s cases, but your own experience.” Ricardo Semler proposes that the jury is still out on whether management constitutes a science, but Mintzberg counters emphatically: “There are no natural surgeons. But
- Semler has authored two best-sellers, Maverick: The Success Story Behind the World's Most Unusual Workplace and The Seven-Day Weekend: Changing the Way Work Works. Semler is a Harvard Business School alumnus, and has twice been named Brazil's Business Leader of the Year.