Word: darman
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...question whether our educational system itself has adapted fast enough to meet what seem to me to be the demands that modern realities should place on it," Darman said...
Businesses tend not to accept government action such as the recent tax reform bill because they see it as unwarrented intervention in their internal restructuring processes, Darman said. Yet they do not realize how great a role the government plays in many facets of business policy, he said...
...Darman said that when he was a student in the late 1960s the B-School taught an introductory course on the relationship between business and government because few students had learned the extent to which government and the business sector intersected...
...teaching experiences in the last decade, Darman said his students "have seemed to lack grounding not only in government and the international environment, but also in Japanese or statistics or economics or any of the other basic skills that one would think relevant for modern management in a complex, government--prevaded, international environment...
Many businessmen have never been trained in cultural analysis or even long-term planning, both of which Darman said are essential for existence in the current international market...