From Higher Aims to Hired Hands
The Social Transformation of American Business Schools and the Unfulfilled Promise of Management as a Profession
by:
Rakesh Khurana
Summary:
The book examines the evolution of American business schools, tracing their shift from a focus on professionalizing management and serving higher societal purposes to prioritizing economic utility and marketability of graduates. It critically analyzes how this transformation has led to a disconnect between the original aspirations of these institutions and the current reality of producing business leaders primarily driven by financial incentives.
Key points:
1. Professionalizing Management: Business schools were created to make management a profession with ethical duties to society, not just companies.
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