Thomas A. Grossman
tlooto Summary
The traditional model-and algorithm-based course fails to meet the needs of MBA programs and students, and the root cause of the profession's failure to address these issues seems to be a habit of professional introversion.
Abstract
The business school management science course is suffering serious decline. The traditional model-and algorithm-based course fails to meet the needs of MBA programs and students. Poor student mathematical preparation is a reality, and is not an acceptable justification for poor teaching outcomes. Management science Ph.D.s are often poorly prepared to teach in a general management program, having more experience and interest in algorithms than management. The management science profession as a whole has focused its attention on algorithms and a narrow subset of management problems for which they are most applicable. In contrast, MBA's rarely encounter problems that are suitable for straightforward application of management science tools, living instead in a world where problems are ill-defined, data is scarce, time is short, politics is dominant, and rational “decision makers” are non-existent. The root cause of the profession's failure to address these issues seems to be in Russell Ackoff's words a habit of professional introversion that caused the profession to be uninterested in what MBA's really do on the job and how management science can help them.
Citation format
GROSSMAN, Thomas A. Causes of the decline of the business school management science course. INFORMS Transactions on Education, 2001, 1: 51–61.