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Barry_Cotter comments on Studying business. Rational organizations. - Less Wrong Discussion

4 Post author: soundchaser 13 October 2011 02:33PM

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Comment author: Barry_Cotter 13 October 2011 10:57:33PM 2 points [-]

It seems to me that what you say could be reformulated, with minimal change in what's learned, as "Get thee an MBA from a good school."

The overlap between the skills necessary to run an existing business with a known business model and to found one, even where the business model is known is not high. It might be as high as 50% for those cases where the model is known, but really, that's not high.

I assume the MBA's weak relation to functioning without supervision, i.e. being an executive, is obvious.

Did I miss or misintrepret what you said?

Comment author: tetsuo55 14 October 2011 10:05:15AM 0 points [-]

There may be schools in the world somewhere where the MBA study actually teaches you something useful, in my country there are none.

To run a business you don't need any of the above things, a training in middle management is enough.

The things i mentioned are specifically for organizing a company for the first time, or reorganizing an existing one. That's what i use these skills for (and with high success)