Chapter 5: The MBA Myth: Welcome to Wizard School

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Chapter 5 acknowledges that business school strategy departments are at least worried about the relevance of what they do. Unfortunately, they are nearly powerless to do anything about it.

In the US at least, few strategy professors have any practical experience of strategy, and few even have a solid academic training in strategy – with backgrounds instead from economics, behavioural science, or other academically respectable disciplines. They try to back-fill the hole by bringing in adjunct teachers, but with no rigour to strategy ...

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