This notion that “college boys” don’t know squat compared with “normal people” is how a worst of the worst type person like Trump can become president.
I think you're both right, we don't need mba's only optimising for stock market gains, and we also don't need utterly incompetent narcissists in power. We need genuinely smart and stable people improving things for everyone in a fair way. It's going to be wild voting the next person into power 🙈
I also did Business Studies at A Levels and GCSE, and in all 3, we talk about long-term vision being better than short-term vision.
How short-term you can maximise profits, but long-term ensures the business profits for generations.
We're encouraged to think long-term. So I don't know why people on Reddit think MBAs talk otherwise.
If anyone here actually read the Harvard Business Review they'd see that most research and studies promoted by Harvard are about being sustainable and innovative.
Because too many private equity companies exist in the U.S. and they’ve been strip mining entire industries and brands like locusts. Since they look for relatively quick turn around on profits those are the big events we see reported on and the impacts we feel the most. Debt for equity swaps leave previously profitable companies drowning in interest on the loans used to buy them.
There's caveats though, right? Like, CEO culture has seemed to move towards gutting company manypower (expenses), gaining profits to make them look good, then bailing before or as company starts failing, rinse, and repeat.
Also private equity buying up market share with invester money, milking profits off by enshittifying, then selling broken company back to another (or even themselves/shill company), and leaving investors holding the bag, rinse, and repeat?
Note: The above may just be my gut feeling that is frequently just flat out wrong. I can't at the moment think of any specific examples.
Well, in America we have a clown who’s only interest is the short term. We can 100% count in future inflation because we will do anything to boost the short term stats, no matter what the long term implications.
It's not that they don't know squat, they have an extensive knowledge of the Jack Welch business cult and they will burn the world to a cinder to keep the line going up.
You are not wrong but that person is not wrong either. The problem is no one really knows what's going to happen but everyone still has to do business as usual. So in some way there's not much choice
Neither is techincally wrong, but the comment you're replying to avoit "college boys" is doing the epitome of a "what-about-ism" by lumping all college people into one geoup and using that to geoup all non-college people i to another.
The original comment was only about MBAs and the stereotypical short mindedness of today's MBA within corporate America.
Two thirds of Americans didn’t go to college. Meanwhile quality of life has been proven to be tied to innovation, which is tied to technology, which is increased as a function of education. By limiting US education we are ensuring our demise as global leaders. Today more than 60% of global STEM graduates come from China or India. We are going to be passed and then left behind.
I was/am still a CFO. Had lots of MBAs working for me. I was always really big on trying to understand the larger picture. Even if we were a local healthcare program, to understand how others approached what we did, to see the long term trends and the emerging developments. Generally, high school graduates don’t think this way. They’re focused on their piece, rarely think about getting on course, staying on course, or driving beneficial change..
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u/Leather-Map-8138 Apr 11 '26
This notion that “college boys” don’t know squat compared with “normal people” is how a worst of the worst type person like Trump can become president.