Business Theory Quotes

The primary goal of management education was, as originally conceived, to impart knowledge that could be applied to a variety of real-world business situations.

Most Internet business theorists are really looking at preserving the necks of giant, Fortune 500 companies, rather than promoting the digital, peer-to-peer economy that actually wants to happen.

The most probable assumption is that no currently working 'business theory' will be valid 10 years hence.

The original and brilliant idea of an MBA was the opportunity for students to study the theory and application of business and management principles.

Managers are already voracious consumers of theory. Every time they make a decision or take action, it's based on some theory that leads them to believe that action will lead to the right result. The problem is, most managers aren't aware of the theories they're using, and they often use the wrong theories for the situation.

In order to produce generalist courses, business school professors have been forced to invent subjects called strategy, called organizational behavior and so on.

The problem is that many times people suspend their common sense because they get drowned in business models and Harvard business school teachings.

Business school professors don't take selling seriously because they don't know how to sell. It's easy to talk about business theory and production time and just-in-time development. Selling is much more difficult.

You go to any MBA program, and you will be taught the theory of the firm, that the purpose of the firm is the maximization of return on invested capital. I always thought this was a kind of lunacy.