Abstract
Summary:
This developmental paper explores the impact that MBA education has on problem solving and decision-making abilities, specifically how to improve forecasting accuracy in complex environments.
Just about everything that has been written about business and strategy has some application to the challenges faced by MBA graduates today. Recognising this, we are conscious of a need to select and to prioritise, in order to shape the initial literature review from here on.
Building on critical insights into management behaviour, the paper examines relevant literature on the MBA, dynamic capabilities, scenario planning and decision-making. Bounded rationality theory forms part of a proposed analytical framework that will provide insights into the value of the qualification.
This developmental paper explores the impact that MBA education has on problem solving and decision-making abilities, specifically how to improve forecasting accuracy in complex environments.
Just about everything that has been written about business and strategy has some application to the challenges faced by MBA graduates today. Recognising this, we are conscious of a need to select and to prioritise, in order to shape the initial literature review from here on.
Building on critical insights into management behaviour, the paper examines relevant literature on the MBA, dynamic capabilities, scenario planning and decision-making. Bounded rationality theory forms part of a proposed analytical framework that will provide insights into the value of the qualification.
| Original language | English |
|---|---|
| Title of host publication | British Academy of Management 2017 Conference Proceedings |
| Publication status | Published - 2017 |
Keywords
- MBA, Decision-Making, Problem Solving