I recently went through an article on B-Schools by Alex Chu. The article talked about Wall-Street and its ill-famed investment bankers , the current financial conundrum, the negative public sentiments against the financial-services industry, and the utter tone-deaf attitude of the financial aristocrats..
The article hit a raw nerve inside me , and made me look at the context in a broader view-point, which is independent, disconnected and impartial. While it was saddening to see the author juxtaposing the 'Wall-Streeters' to the B-School students, it did bring to light an important topic-quite relevant in today's business world - The relevance of B-School Education.
While the article makes for an interesting reading , I think it falls short of presenting the topic both equivocally and impartially. Lets dissect it :) :)
As a former investment banker, I experienced firsthand how an insular and self-referential culture could lead to a warped sense of reality......The Wall Street culture becomes so self-referential that investment bankers assume everyone else shares the same level of hypercompetitiveness, nihilism, and preoccupation with money as they do
Even if we assume that, all said above is true the bankers, it also is a fact that the same holds true for other industries as well. If being hypercompetitve, nihilistic etc. etc. can make a banker a Warped Owl, so it can to other professionals. Why isn't professionals from other industries - behave the same as the bankers do? This can only lead to two conclusions - wrong assumptions or wrong conclusion :)
The article further talks about how in a similar way the B-Schools are being made a soft target, and that the Schools should learn from the Wall-Street obliviousness.
to be continued......................
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