MBA programmes need to be reoriented so that managers of the future are equipped to adapt to dramatic changes wrought by the covid pandemic across the world’s economies Let’s not blame this one on covid alone.
Management education in the traditional sense has been under the scanner for some years. First, critics have pointed out that management education perpetuates an economic model focused singularly on wealth maximization, leading to increased concentration of wealth, inequality and negative externalities such as climate change.
This case has been made most strongly in Duff McDonald’s book The Golden Passport: Harvard Business School, The Limits Of Capitalism And The Moral Failure Of The MBA Elite.