Book by Crainer Stuart Dearlove Des
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"[Business schools] have lost their basic purpose....If you ask what are the best ideas in organizations over the last ten years, most didn′t start with business schools. Most of the top ten business bestsellers didn′t start with business faculty."
Gary Hamel
Gary Hamel, the internationally acclaimed strategy guru and business school educator, shocked a group of journalists and academics at the London Business School with that frank appraisal of the state of higher business education today. But his comment, damning as it was, only hints at the full intrigue of money, politics, and power that has compromised the integrity of far too many such schools. There′s more to be told. Much more.
In Gravy Training, two hard–hitting business writers present the controversial results of their own investigation into the world′s most prestigious business schools. Are such elite centers of management education as Columbia, Stanford, and Wharton really crucibles of cutting–edge theory and expertise? Or are they merely cash cows for universities and faculty alike?
There′s no doubt that business schools are big business. Part of a multi–billion dollar global industry, they also exert a growing influence on public as well as corporate life. President Clinton plays golf with Michael Porter of the Harvard Business School, and Britain′s Prime Minister Tony Blair had his Shadow Cabinet trained at Oxford′s esteemed Templeton College. Be that as it may, the authors of Gravy Training believe that business schools have reached a crossroads and that their future is uncertain as they face intensifying competition from corporate education upstarts and start–ups.
Crainer and Dearlove conducted extensive research and interviewed hundreds of administrators and faculty members to find out if business schools deliver on their promises and discern what their futures may hold. Their page–turning examination of the B–school phenomenon contains provocative stories and startling facts about the incredible speaking and consulting fees charged by B–school stars. They delve into the power networks that link alumni, show how academic affiliations affect the way top CEOs do their jobs, and reveal how Business Week and other media rankings drive business school curricula.
But Gravy Training is more than an expose. It proposes forty reforms that can return business schools to their original goal of training effective management professionals. It is a book that begins with the urgency of an exclamation point, yet ends with the hope of a question mark–a book rife with implications for everyone impacted by the quality of business education. Ultimately, that is everyone indeed.
"We graduate over 90,000 MBAs each year in the United States alone! This valuable book can help improve the overall quality of those MBAs, as well as the schools that teach them?if they heed the message."(Warren Bennis, author of Organizing Genius and Why Leader′s Can′t Lead)
"Crainer and Dearlove are two top writers, and one thing is certain: they know how to leave a reader breathless."(Tom Brown, president, Management General)
"Gravy Training is a chillingly accurate resume of the critical issues facing international business schools now and in the future. The authors are two of the most highly experienced and well–informed writers about management and they present their case in a fluent, accessible style."(Leo Murray, dean, School of Management, Cranfield University)
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