I now realize why so much corporate decision-making is questionable and some is really bad.
While reading profiles, résumés, work histories, and corporate connections, I discovered that quite a few of these Ivy League high-level execs went straight from university into VP positions (or nearly so).
In other words, they have no real-world experience in selling, in the corporate world, in... well, how much real-world business experience do most university students have by the age of 22 or 23 when they've been full-time students for 4 or 6 years? Most MBAs don't even graduate from (the protected environment of) university until they are between 23 and 26 and then BOOM, if it's Harvard or Stanford, a surprising number are VPs and General Managers right out of the starting block.
I know there are talented people out there—some have good business instincts from the get-go and some come from business families, so they learn it growing up, but that's not the case for all of them.
What about the ones who jump on the executive train with no practical work experience whatsoever? It might explain a lot of things that happen in these companies.
I used to work for an international company that hired nothing but those MBA grads. Company almost went under thanks to the MBA yahoos. Company managed to restructure, but never regained their former position. They now tend to hire MBAs from accredited universities (not just the Top 10) and the hires need to have work experience. Good lesson learned the hard way.
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