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Could not agree with him more. He is spot on with this. I've been to a lot of companies and the over hiring of MBAs running the middle layer of management teams ruins many companies. It becomes a never ending chess game and nothing gets done. Bright young talents get marginalized and leave when they are frustrated by MBA managers that don't even know the product or understand technology of the industry.
I often hear managers that honestly say out loud. "Oh I don't know anything about technology, I wasn't hired to do that." Ever year, it's a like rinse & repeat cycle of endless meetings to have more meetings. Some quarters with projects you move 2 steps forward then next quarters you move 3-4 steps back and so on. MBAs are basically a ticket to higher corporate welfare check.
I have never met a person with a MBA that is ambitious about making a difference. It's always about bragging that the MBA got them the easy do nothing job. How many people you've met that bragged about their do nothing job because they have a MBA and managing a bunch of young associates to make powerpoint and excel spreadsheets to show the board how the company is doing.
It is the sociopaths. They always seem to move up quickly and get into the C-suite.
Well, you just proved why MBAs are because the people that set the requirements for promotions whom also have MBAs. Why would some tech companies need a MBA to be a Product Manager is beyond me. Most of them don't understand the Products behind the company. They only know how to delegate.
Who should be running them then ? The last company I worked for was started by an engineering professor. After about two years he was basically told he didn't know what he was doing and someone with an mba and a PhD in something business related stepped in.
I'm not saying you have to have an mba to run a company but it does make sense. Most people who want to be running a company some day feel the need to get an advanced degree.
Also Elon Musk is clearly wildly rich but he seems a little out there and he's not the first to bring up something like this.
Who should be running them then ? The last company I worked for was started by an engineering professor. After about two years he was basically told he didn't know what he was doing and someone with an mba and a PhD in something business related stepped in.
I'm not saying you have to have an mba to run a company but it does make sense. Most people who want to be running a company some day feel the need to get an advanced degree.
Also Elon Musk is clearly wildly rich but he seems a little out there and he's not the first to bring up something like this.
Well take Amazon for example, most product managers there don't have MBAs except for VPs and Bezos clearly don't like managers that sit too much and hide in their offices.
It only seems to make sense. The most successful companies weren't started by MBAs. The biggest problems with MBAs is they don't know the actual business and they don't understand that what works good in a case study discussion doesn't always apply in the real world.
Those who've had some experience coming up through the ranks and get an MBA have a better perspective than those who did biz school and have never worked in a particular field. It's a case of they don't know how much they don't know.
It only seems to make sense. The most successful companies weren't started by MBAs. The biggest problems with MBAs is they don't know the actual business and they don't understand that what works good in a case study discussion doesn't always apply in the real world.
Those who've had some experience coming up through the ranks and get an MBA have a better perspective than those who did biz school and have never worked in a particular field. It's a case of they don't know how much they don't know.
If you look at Microsoft, Bill Gates dropped out to start Microsoft he then invited his roommate who eventually gotten his MBA Steve Ballmer to join the company. Since Ballmer was practically useless within Microsoft he was in charge of marketing. And if it wasn't for Gates who was instrumental in the direction of Microsoft, later Ballmer inherited as CEO of the company and nearly made the company irrelevant. It was Ballmer who wrote off the iPhone as a serious threat. That's the problem with MBAs, majority of them lack vision. They know the typical cookie cutter corporate structure and they all ran it like so but Musk basically challenged that. The basic principle of a company is to make good products not create this 800 lb gorilla that needs to be constantly fed.
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