The Management Myth (2006)
theatlantic.com
theatlantic.com
It is long, but enjoyable and well worth the read.
My favourite quote: "Knowledge, by its very nature, must be intelligible, not obscure."
It comes up in the context of management consultants using bafflegab and fancy-sounding jargon to mislead clients (and perhaps themselves). This quote is a reminder to have the courage, (as is needed in some contexts), to speak up when you don't understand something, ... since what seems like wisdom you are having difficulty grasping, may in fact be snake oil.
For a strangely related article, you might also like to read: "What you can't say" ( http://paulgraham.com/say.html) which also talks about widely held beliefs that later turn out to be just a passing fashion. Although later seen clearly to be false, at the earlier time, the flaws are invisible.
You can't just take a bucket of irony varnish and slather it over everything and act like that makes you different.
The problem (and I see this in technical management as well as in the business world) is that a good manager can think themselves out of the situation without gimmicks or formal training; whereas a bad manager does not become a good one with all the MBAs and training courses in the world.
The other great point he makes, that confirms my own impression, is: "If it’s reminiscent of the kind of toothless wisdom offered in self-help literature, that’s because management theory is mostly a subgenre of self-help. Which isn’t to say it’s completely useless."
I think that is exactly right. Yes there are some people that will derive some benefit from reading a self-help book, but it rarely provides a lasting benefit and is no substitute for an intelligent and mature reflection on your problems.
Is it wrong for someone to criticize an industry they were a part of? Is the appearance of hypocrisy the foremost evil to be avoided at all costs?
The whole point of the article is that his philosophy degree made him different. (Note that the sibling comment to yours takes this for granted.)
Is it wrong for someone to criticize an industry they were a part of?
No, but it's shallow not to address the incongruence.
Is the appearance of hypocrisy the foremost evil to be avoided at all costs?
One of them! Plus it makes for better writing.
"In a sense, management theory is what happens to philosophers when you pay them too much."
"A degree in business is a degree in nothing."
Of course he said it after I paid my tuition :-)
The MBA may have opened some doors for me, but after all these years, I'm starting to believe he was right.
I'm sure that people have done that and it has helped them get 'some job.'
If there exists an analogous scenario for an MBA, I doubt it would've helped anyone to get the job they want.
That's the distinction in my mind.
It's also a nice antidote to the Dogbert kind of consulting described in the OP.
While it should be a good read, it's bit too opportunistic IMO, given the current economic climate. Heads will roll, and MBA's are a juicy scapegoat (nonetheless, deservingly so).
I guess not everyone can be like Shiller. (http://en.wikipedia.org/wiki/Irrational_Exuberance_%28book%2...)
All you need to know, really. :)
Of course, I am a University of Wyoming BSEE graduate, so I'd know the first :-)