November 05, 2014
On Business School's Allleged Education
Russell L. Ackoff
Keynote Speech at the Hull University Business School, 2005
When I retired from Wharton as a member of the regular faculty and became emeritus I was asked to reflect on the value of a business school education. I endeared myself to the faculty by identifying what I thought to be the three most important values of such an education.
- First, it equips students with a vocabulary that enables them to talk with authority about subjects they do not understand.
- Second, it inculcates them with principles of management and organization that have demonstrated their ability to withstand any amount of disconfirming evidence.
- Third, and this is what makes business school education worthwhile —it provides a ticket of admission to a job that provides a chance to learn what should have been learned in business school but wasn’t.
To read the speech, download the following file: Download UK TALK 05