In December 2020, Elon Musk made waves at the Wall Street Journal CEO summit. Decrying the ‘MBA-isation’ of executives, Elon argued that today’s top leaders spend too much time in front of spreadsheets and in meetings, and not enough time thinking creatively and making things happen.
Musk’s comments tap into a growing scepticism with traditional business education. While an MBA was once a safe bet for career progression, studying management finance over the weekend no longer makes much sense. In fact, very little does. The pandemic has triggered a large-scale re-evaluation of the assumptions underpinning our careers and organisations. Some businesses floundered, while others flourished, casting a light on a leadership divide that has been gaining pace for years.