Gary Hamel has been very effective in calling out the emperor's lack of clothes in business 'education' for years - I was at an event in 2009 when he went on an epic rant after the banking 'crisis'.
Ironically both Mr Parker and Mr Hamel are being paid well for teaching at the institutions they despise.
I see an analogy with the vast 'San Francisco Academy of Art University', now the largest property owner in San Francisco. It's a highly successful business teaching all sorts of art courses, but a common criticism is that it's a mill, taking young people's money to 'learn art' in an expensive, beautiful city.
The fact it is there is demand and it's hugely profitable, just like BSchool. Doesn't mean you are a good businessman or artist at the end of it - I believe like Drucker you have to learn as a trade in context not as a theory - but highly successful businesses cater to demand...
https://www.london.edu/faculty-and-research/faculty/profiles...
Ironically both Mr Parker and Mr Hamel are being paid well for teaching at the institutions they despise.
I see an analogy with the vast 'San Francisco Academy of Art University', now the largest property owner in San Francisco. It's a highly successful business teaching all sorts of art courses, but a common criticism is that it's a mill, taking young people's money to 'learn art' in an expensive, beautiful city. The fact it is there is demand and it's hugely profitable, just like BSchool. Doesn't mean you are a good businessman or artist at the end of it - I believe like Drucker you have to learn as a trade in context not as a theory - but highly successful businesses cater to demand...