Monday, July 10, 2017

In the news, Sunday, July 10, 2011


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JUL 09       INDEX      JUL 11
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from The Spokesman-Review (Spokane, WA)

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from Time

Driven off the Road by M.B.A.s
The rise of business schools coincided with the fall of American industry. Companies, shareholders and consumers are best served by product-driven executives. M.B.A.s. Executives, once largely developed from engineering, began emerging from finance. The results ranged from the sobering (managers signing off on inferior products because customers "had no choice") to the hilarious (Cadillac ashtrays that wouldn't open because of corporate mandates that they be designed to function at -40°F).

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