Sunday, July 16, 2017

How to kill an economy

This article explains how MBA students are being trained to be takers, and why this only ends up hurting economies. An astute excerpt from Financial Times editor Rana Foroohar:

"If you wonder why most businesses still think of shareholders as their main priority or treat skilled labor as a cost rather than an asset—or why 80 percent of CEOs surveyed in one study said they’d pass up making an investment that would fuel a decade’s worth of innovation if it meant they’d miss a quarter of earnings results— it’s because that’s exactly what they are being educated to do."

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