… Tom Peters has a great set of PPT slides on the subject up from a talk he is giving today to the Graduate Management Admission Council (GMAC) in Toronto. Good confrontational stuff, including this scathing quote from Jeffrey Pfeffer:
“There is little evidence that mastery of the knowledge acquired in business schools enhances people’s careers, or that even attaining the MBA credential itself has much effect on graduates’ salaries or career attainment.”
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Knowledge Arbitrage
In the Dark Ages, the Roman Catholic Church established itself as the gatekeeper to heaven.