As some of you know my next book is set in New York City in the early 1930s. I’ve been reading many accounts of the Great Depression, learning what happened. The why it happened is a lot harder to understand than the effects. But the current world-wide financial crisis means that there are many people speculating about what happened back then and how it relates to now. Great for my novel!
I was fascinated by Background Briefing’s recent documentary about the emergence of business schools and their effect on corporate culture and its relationship to the current crisis: “MBA: Mostly Bloody Awful“. This program is genius and you must all listen to it!
It’s always struck me as strange that someone could walk into an industry, like say publishing, armed with nothing but a degree in management and start managing people without knowing anything about that industry, or what it is the people in publishing do. Why, yes, I have seen this.
I came into the publishing industry knowing a lot about books and reading. I’d even hung out with authors and editors and other publishing folks for many years before I sold my first books. And, yet, I knew almost nothing about the industry. And frankly five years later I’m still learning. So colour me skeptical that a total newcomer to the industry can walk in and start running it. Selling books is not the same as selling sprockets.1
Ditto for any industry. In the olden days people used to start at the bottom and work their way up. It made for bosses who knew everything about their company and their industry. It made for good management. According to the doco bringing in people trained in “management” with no hands on experience has been a disaster.
Which is not surprising—most people in most industries learn how to do their job on the job. A friend of mine’s a doctor. She said she learned more in her first year as a resident than in the many years of her medical degree. And she’s learnt buckets more working in ER and as a GP over the last few years. So is some wet-behind-the-ears MBA type going to suddenly know how to manage a business in an industry they know nothing about?
How does all of this apply to my book? The 1930s is the beginning of the era when business schools such as Harvard’s were beginning to make inroads into general business culture. Okay, slightly tenuous. But, trust me, is all grist to my mill.
Or maybe I just like ragging on MBAs . . .
- That goes either way. Of course, now I’m wondering what a sprocket is. [↩]