Friday, April 07, 2006
The McStory
If Mckinsey has its way - certainly the 1 billion chinese people will aspire to do an MBA. Mckinsey claims that there is a need for 75 K managers in china and there are only 4000 that make the "mark". Now what is mark, I will let Mckinsey answer.
What the gazillion smart corporates like GE/ Syngenta / Philips / Mittal have realized is they could hire at the bschools instead of letting the consultants charge a premium for doing something they can do themselves with a few MBAs. But the question to the MBA aspiring for a general management degree is - whether the MBA graduate will be motivated enough to sweat it out in these environments (in GE maybe, but in Mittal less so) without the carrots and sticks that come with a consulting career. We need to wait and watch for a few more years before we can answer that question.
I think I will write a book review post soon. Just finished reading a couple of them.
If Mckinsey has its way - certainly the 1 billion chinese people will aspire to do an MBA. Mckinsey claims that there is a need for 75 K managers in china and there are only 4000 that make the "mark". Now what is mark, I will let Mckinsey answer.
What the gazillion smart corporates like GE/ Syngenta / Philips / Mittal have realized is they could hire at the bschools instead of letting the consultants charge a premium for doing something they can do themselves with a few MBAs. But the question to the MBA aspiring for a general management degree is - whether the MBA graduate will be motivated enough to sweat it out in these environments (in GE maybe, but in Mittal less so) without the carrots and sticks that come with a consulting career. We need to wait and watch for a few more years before we can answer that question.
I think I will write a book review post soon. Just finished reading a couple of them.
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The managers who make the mark according to McKinsey will be the ones who can churn out 100 PowerPoint slides full of BS not hands-on "get your hands dirty" kind of managers that are actually needed.
# posted by 
: 5:27 AM
: 5:27 AM
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Thank you and good luck!
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