Preparing Managers to Manage
The time has come to recognize that higher education in management rests on a fatal fallacy. The idea behind the contemporary business school is that preparing future business managers means training them in a discipline called Business Management. After 100 years of fruitless attempts to produce such a discipline, it should be clear that it does not exist. Preparing managers to manage, in fact, is not different from preparing people to live in a civilized world. Managers do not need to be trained; they need to be educated. And for that purpose, although a certain amount of study of business-related subjects may prove useful, the business schools as they are presently constituted are at best superfluous.
— Matthew Stewart, 2009