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Online MBA ForumTuesday, July 18, 2006Real Theory, Real Practice
One of the aspects of studying for a graduate degree as professional development is the fact that you are working with people who are doing research into your areas of interest. I've had a long correspondence with Professor in a good management school, who tells me that he is in the process of forming a Leadership Center, to attract managers who are mid career and have evolved successful management styles.
He would like to encourage them to study for a PhD, so that they can turn their experience (in the light of other management theory) into theory that other people can learn from. He maintains that a major problem for management is the fact that for many years it was not perceived as a subject that could be taught, so that handing on styles became the province of popularist books. Studying an MBA where this kind of research is being actively pursued means that you can take advantage of some real cutting edge ideas, that are promulgated by people who have real experience. # posted by Mary @ 6:57 PM
Comments:
Management as something that can be taught: it’s been one of the major changes within economics over the past century. Starting really with Marshall in the 1890s how and why people do things within firms (set prices, hire people, all that sort of stuff) has been the subject of intensive study.
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However, I think that the idea of MBAs and other senior managers going back to turn experience into theory might well work the other way around. All too much of academic (or at least economic) thinking on management is all about what people ought to do, rather than what they actually do. Having people with experience walking around going "You think that’s what we do? No, no, what we actually do is this" will be terribly instructive for the academics, possibly even more so than for the MBAs. # posted by failingeconomist : 3:25 AM
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