IMD website, IMD Professor Martha Maznevski directs IMD’s MBA program.
The world is more complex today than ever. Is the MBA still a good way to prepare business leaders in this new world?
Much has been said about the role of greed in creating our recent financial crisis. Indeed, many managers were motivated to get the most for themselves in the short term. But most managers were simply unprepared to anticipate the impact of their decisions in a more complex world. Often overlooked, the economic downturn of the last couple of years was also a crisis of naiveté. Whether MBA programs can teach ethics and responsibility is already in doubt. Are MBA programs up to the bigger challenge of developing leaders who can manage complexity as well?...
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