Word: field
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Dates: during 2000-2009
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...most promising future professionals graduate with M.B.A.s and clamor for positions at élite consulting firms. They could do much better things with their time, argues Matthew Stewart, and, as a former consultant, he should know. After earning a Ph.D. in German philosophy, Stewart stumbled into the consulting field and spent eight years as a high-priced business expert - even helping to found a consulting firm before becoming disillusioned with the industry. He chronicles his corporate misadventures in a new book, The Management Myth, and explained to TIME why the philosophers of yesterday offer better business advice than anyone wearing...
...than technical grounds: we have a very complex economy that requires management, and management needs legitimacy. It does this through credentials and so-called expertise, and creates a whole class of people who are accountable only to themselves. For me the problem is the idea there's a general field of management that applies across all different kinds of businesses. That's what I think is all baloney...
...this in a field that prides itself on being lean and empirical. If you look at the way we lived as consultants, the last thing we were was lean. As far as empirical, we were so far from anything you could call science it was hilarious. The shocking thing is not that we have people with business degrees, it's that we have so many - we have 140,000 M.B.A.s coming out every year. Why not have 20,000, the way we did 40 years...
...mocked for trying to succeed in a male-dominated field, but that didn't stop Anne Wexler, 79, from forging a career as one of Washington's most powerful lobbyists. A mentor to both Bill and Hillary Clinton, she was the first female founder of a major K Street firm...
...tract data - to "adjust" for socioeconomic status. Yet researchers know that people living within one zip code can include the city's wealthiest and poorest residents. And even if zip codes were a trustworthy indicator of income and education, they would still be insufficient to level the socioeconomic playing field. As previous studies have shown, whites have more wealth than blacks at every level of income, and at every level of education whites get more returns on their studies. To close the gap in health outcomes, thus, the key is perhaps not to control for socioeconomic disparities...