How many business leaders spend hours every week improving their skills and finding new ways to create value? How many would rather spend their time at the bar or on the golf course rather than studying foundational principles to bring their business to the next level? How many decisions are based on guesses, rather than data and talking to customers? How much of day-to-day operations have not changed in the past five years? How many managers just wing it?
These are just some of the foundational issues within organizations. And the modern MBA courses do not help. MBA courses emphasize on finances and archaic tools and techniques that most people never use. You rarely learn about Deming, Imai, Drucker, Ries and Trout, as well as creative and critical thinking in the halls of academia. The skills for the real world, are missing.