Audio: Scrap the MBA - How To Fix Business Schools - HarvardBusiness.org

Audio: Scrap the MBA - How To Fix Business Schools - HarvardBusiness.org: "From my perspective, the main lesson from this economic meltdown is that despite our confidence – we actually know very little about the operation of the financial world around us. Moreover, it is clear that such lack of understanding, together with high confidence and reliance on the opinions of others (presumably experts) can have devastating consequences. If anything I suspect that this meltdown shows exactly how important it is for executives to have a better understanding of the world in which they operate."