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