Are Business Schools and Colleges Misleading Their Students?
Keywords:
Value creation, Culture of Followership, Knowledge management (KM), Knowledge Management Body of Knowledge (KMBOK), Leadership, Resources utilization, Conservation, Individualism, ChangeAbstract
In this paper the author examines the roles and responsibilities of business schools and colleges as they shape organizations, individuals, and society and affect value creation and leadership. The author discusses some of the errors or mistakes that business schools make in their attempt to teach and educate leaders and managers, and to create successful entrepreneurs. The author believes that business schools and colleges should base education and training on realistic models that mirror the harsh world of reality in which graduates must work and survive by teaching skills that are readily applicable to survival. The ethical and social responsibilities of business schools and colleges are examined as well as the types of leadership: administrative, educational, and business leadership that define leadership in business schools and colleges. Finally, the author provides a summary of the roles and responsibilities of business schools and colleges as vibrant and vital strategic links to progress.
References
Butler, D., Forbes, B., & Johnson, L. (2008). An examination of a skills-based leadership coaching course in an MBA program. Journal of Education for Business, Marc/April 2008, pp. 227-232
Byme, J.A. (2011). The World’s Most Expensive MBA Program: $172,200. Retrieved from http://poetsandquants.com/2011/03/04/the-worlds-most-pricey-mba-program-172200/
Cavico, F.J., Mujtaba, B.G., & McFarlane, D.A. (2010). The State of Business Schools: Educational and Moral Imperatives for Market Leaders. Davie, Florida: ILEAD Academy.
Employment Spot. (2008a). Top Ten Fastest Growing Careers. Retrieved from http://www.employmentspot.com/employment-articles/top-ten-fastest-growing-careers/
Employment Spot. (2008b). Fastest Growing Occupations. Retrieved from http://www.employmentspot.com/employment-articles/fastest-growing-occupations/
McFarlane, D.A. (2010). The School Economy: The Roles and Effects of the Growth of Schools and Schooling in the Global Economy. Journal of Business Studies Quarterly, 2010, Vol. 1, No. 4, pp. 35-48.
McFarlane, D.A. (2008a). Effectively Managing the 21st Century Knowledge Worker. Journal of Knowledge Management Practice, Vol. 9, No. 1, March 2008. Retrieved from http://www.tlainc.com/articl150.htm
McFarlane, D.A. (2008b). Toward A Knowledge Management Body of Knowledge (KMBOK): A Philosophical Discourse in KM Concepts and Ideas. Journal of Knowledge Management Practice, Vol. 9, No. 4, December 2008. Retrieved from http://www.tlainc.com/articl167.htm
McFarlane, D.A., Mujtaba, B.G., & Cavico, F.J. (2009). The Business School in the 21st Century & Beyond: Integrating Knowledge Management Philosophy. Journal of Knowledge Management Practice, Vol. 10, No. 4, December 2009. Retrieved from http://www.tlainc.com/articl207.htm
National Center for Education Statistics. (2010). Fast Facts: What are the most popular majors for college students? Institute of Education Statistics, U.S. Department of Education: Washington, D.C. Retrieved from http://nces.ed.gov/fastfacts/display.asp?id=37
Pfeffer, J., & Fong, C.T. (2008). The End of Business Schools: Less Success Than Meets the Eye. Academy of Management Learning & Education, 1, pp. 78-96.
U.S. Department of Education, National Center for Education Statistics. (2010a) Digest of Education Statistics, 2009 (NCES 2010-013); Washington, D.C.
U.S. Department of Education, National Center for Education Statistics. (2010b). Higher Education General Information Survey (HEGIS), “Degrees and Other Formal Awards Conferred” surveys, 1970-71 through 1985-86; and 1990-91 through 2007-08 Integrated Postsecondary Education Data System, “Completions Survey” (IPEDS-C:91-99), and Fall 2000 through Fall 2008. Retrieved from http://nces.ed.gov/programs/digest/d09/tables/dt09_272.asp
U.S. Department of Education, National Center for Education Statistics, 2010c). Higher Education General Information Survey (HEGIS), “Degrees and Other Formal Awards Conferred” surveys, 1970-71 through 1985-86; and 1990-91 through 2007-08 Integrated Postsecondary Education Data System, “Completions Survey” (IPEDS-C:91-99), and Fall 2000 through Fall 2008. Retrieved from http://nces.ed.gov/programs/digest/d09/tables/dt09_273.asp