Just came across this article in a NY Times Blog. Title: Is it Time to Retrain B-Schools? This question goes to the heart of not only greedy corporate leadership, especially bankers, but also politicians packing pork into our unsustainable national budget. These people move our economy and our country to the brink. The article questions what changes we must make to produce effective leaders in the future. Some think a new class, a new book or a new professor will do the trick. That kind of shallow thinking is why AIG is still wasting their stockholders and taxpayer money. AIG, the new President and our Congress think that public relations campaigns will help them navigate these troubled times.
The issues are not that simple. The New York Times reports 56% of MBAs cheat. It's not curriculum that's the main culprit with failing leaders. It's principle centered leadership and dare I say it, the absence of religious values in the heads and hearts of many MBAs, as well as many others. Perhaps that is why the BYU MBA program is so highly ranked. Its more than an ethics class there. It's a way of life. I spoke on isssues of corporate social responsibility (CSR) on this KSL interview.
Do you agree?