By Peter Nguyen
Canadian Business magazine has an article titled "The MBA’s Last Gasp," arguing that the MBA program of most business schools has reached the maturity phase in its product life cycle, after its heyday in the 70s, 80s and 90s.
The writer submits that to remain relevant, MBA programs must incorporate new realities like social media, leadership and community development.
For instance, he writes that on average, every second class, students work on a case study, and half of the students get involved. Yet, that pace is relatively slow compared to the interactions occurring today via Twitter, Facebook and the like.
I thought thsi article was interesting because it raises questions about how the educational system (not just the MBA program) should be reformed or even radically redesigned to better serve people in today’s and tomorrow’s economy.