What does it take to create an outstanding leader? Apparently, not a Harvard MBA. Based on a study by Henry Mintzberg of 19 Harvard trained CEOs identified as superstars in 1990, ten were outright failures and another four are mediocre at best. Only five of the 19 seemed to be doing all right. This year alone, another 150,000 MBA's step into leadership positions in corporate America. How do MBA's become leaders we can trust?
Yesterday I heard the Premier of British Columbia, Gordon Campbell, speak at The New York Yacht Club, reassuring a mixed crowd of potential investors and expats of BC's "cool, cutting-edge, high-tech" booming economy.
Fast Company contributor and McGill University professor Henry Mintzberg will participate as a guest on NPR's Marketplace this evening at 6:30 p.m. ET. The noted management theorist will discuss the MBA menace, his contention that America's business schools are teaching leaders all wrong. Tune in if you're able!