Elon Musk Condemns the Fact of “too many MBA-s” of America

Elon Musk, CEO and product architect of Tesla, is recently been seen to be in a controversial form regarding the "too many MBA-s" fact. He is a man who doesn't keep his opinions to himself and so he criticized the MBA-ization of America by saying that it is not great.

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At the Wall Street Journal’s CEO council annual summit, which was held virtually, Mask stated that too many MBA-s stops the companies’ ability to think creatively and could not reach the customer’s choice. He even told that the focus must be on the service itself rather than spending too much time on financials. As a result, with the business school leaders, the negative connotation of the MBA course did not go down well.

The Personal Note of Musk

Elon Musk as a Chief Designer of SpaceX, and also as a leader of Tesla, thinks that he had done the biggest mistake while running these two companies. On striking a personal note, he stated this mistake. Rather than spending time in meetings and financials, if he had focused on the factory floor, then the results would have been much fruitful.” The value of the outputs must be of a higher level than the inputs”, which should be a motive of the company. To make the team” more energized”, he suggested that a leader should remain engrossed in the complex details of the issues. This is where things will get much better.

Suggestion for the CEO’s

To create a good business service, a company must make better plans which are of greater value than the inputs costs. He also directed the CEO’s to get out on the front line and lead the company from the front. In America, there are too many MBA’s which according to him are polluting the companies. The CEO must follow well the strategic direction of the companies. To ensure the success of the business, managing and operating a company at a high level is much necessary. The proposition in the market place must be built up well.And at last, the vision must be in such a way that it must establish the core operating principles and also overseeing the operation of the organization.

Also read: Elon Musk Unbarred the First Portion of $55 Billion Compensation Package

Criticism towards the MBA course

Musk criticized the value proposition of business education. He questioned in the summit that if MBAs are polluting the companies then what is the use of that in high proportion in the companies? The goal of the companies is to create “awesome eye-catching” products that they often lose sight of. To better up the economy, the ultimate focus must be always on the products rather than the meetings.

The Policy Times suggestions

  • Criticizing MBA-s is not a solution. The benefit of an MBA or with a strong team of MBA’s is always needed in a company. So rather than blaming, Musk must keep in mind that MBAs also help in the good running of a company.
  • Customers must be given what they want. But for that, the CEO’s must work well with the strategic solutions of the companies rather than eliminating the MBA’s.

Also read: Elon Musk hints at coming to India in 2019

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Elon Musk Condemns the Fact of "too many MBA-s" of America
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Elon Musk, CEO and product architect of Tesla, is recently been seen to be in a controversial form regarding the "too many MBA-s" fact. He is a man who doesn't keep his opinions to himself and so he criticized the MBA-ization of America by saying that it is not great.
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THE POLICY TIMES
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