How Business Schools Lost Their Way by Warren G. Bennis and James O'Toole
The root cause of today's crisis in management education is that business schools have adopted an inappropriate--and ultimately self-defeating--model of academic excellence.
...This scientific model is predicated on the faulty assumption that business is an academic discipline like chemistry or geology when, in fact, business is a profession and business schools are professional schools--or should be.
...Business school deans may claim that their schools remain focused on practice, but they nevertheless hire and promote research-oriented professors who haven't spent time working in companies and are more comfortable teaching methodology than messy, multidisciplinary issues--the very stuff of management.
...Business schools must rediscover the practice of business and find a way to balance the dual mission of educating practitioners and creating knowledge through research.
