Management theory is becoming a compendium of dead ideas
The problem lies in business schools and degrees like the MBA.<p>Check out the faculty list at Harvard Business school [link below]. I randomly looked at profiles of 14 of them and <i>not a single one had real world business experience</i>. If there are any who do have real world experience, it's often superficial.<p>To carry on this article's analogy, business schools are the Catholic church of 1500: incestuous, detached, and self-serving.<p>Harvard Busisness school faculty: <a href="http://www.hbs.edu/faculty/Pages/browse.aspx" rel="nofollow">http://www.hbs.edu/faculty/Pages/browse.aspx</a>