B- School

This weekend the Times reported that many of the nation's MBA programs are rethinking their curriculum. Seems they feel there has been an overemphasis on short term results, or as one professor put it:

A kind of market fundamentalism took hold in business education ... The new logic of shareholder primacy absolved management of any responsibility for anything other than financial results.

Well at least someone finally said it. Of course we are decades away from the time when any manager will consider anything but the bottom line to be his or her responsibility.