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Elon Musk Talks About the Importance of Physics, Criticizes the MBA
New submitter ElSergio writes "In a two-part interview with the American Physical Society, Elon Musk, founder of PayPal, Tesla Motors and SpaceX, talks about how important it is to be able to think in terms of first principles, a tool learned as a physics student. Later in the interview, he recommends against obtaining an MBA, claiming, 'It teaches people all sorts of wrong things' and 'They don't teach people to think in MBA schools.' In fact. if you are in business and want to work for SpaceX, you will have a better chance getting hired if you do not have one. According to Musk, 'I hire people in spite of an MBA'. He goes on to point out that if you look at the senior managers in his companies, you will not find very many MBAs there."
Totally agree with this, Its should be same in IT companies as well
Years ago I read a book called The 12 Hour MBA Program. I have never met an MBA who knew something important about business that wasn't in that book.
Yeah, except this start up boss has founded 3 successful multi-billion dollar companies in 3 separate industries. I'm willing to bet he probably has a good idea on how to run things. (How to not have your cars catch on fire is another issue :P )
I have many degrees that put letters after my name, including an MBA. I still remember how one of my professors railed on the MBA because all it did was enshrine "spreadsheet thinking," ruined creative thinking, make people more susceptible to buzz-word thinking, make dumb people feel smart, make them better at smart CYAs for dumb decisions and about 5 other criticisms that currently escape me. He even called them the "Middle-manager's Business Accreditation" because people at the top cannot behave that way, or they ruin companies, so most MBAs won't make it there for long; and the people at the top love MBAs at the middle level because the top brass are not limited by the MBA's decisions and know how to control them.
I think the most important thing from this interview is that Musk played D&D and is a self professed nerd.
And then the MBAs will take over, fire the physicists, hire a bunch of equally vile and sociopathic marketing types, and will find ways to cut corners, move all manufacturing to low-tax cheap-labor cess pools, hire equally vile and sociopathic IP lawyers to sue anyone who ever had an idea that even vaguely resembled the company's, rob the company of every dime it has, drive it into the ground.
Rinse and repeat.
The world's burning. Moped Jesus spotted on I50. Details at 11.
According to Musk, 'I hire people in spite of an MBA'.
What's that, he doesn't like mindless groupthink, and the inability to understand the difference between a rule of thumb and actual thought, judgement and understanding of reality? No wonder the guy is a failure.
Physicists like to think they are smarter than everyone else, but they often make big fools of themselves on non-physics topics that require social intelligence.
A quick search of Amazon and eBay turns up quite a few "quick MBA" selections. Titles like:
The One-Day MBA
MBA in a Day: What You Would Learn at Top-Tier Business Schools
The Mobile MBA: 112 Skills to Take You Further, Faster 2012 -Man
The 10-Day MBA
Complete MBA For Dummies
I couldn't find anything remotely similar for a degree in physics.
What else you got?
MBAs on paper are supposed to teach you a lot of useful things. In practice most students walk away with one thing in their mind: how to cut costs to a minimum even if it drives the business to the ground so long as they collect their bonus before it does so.
You can read all about it from Henry Mintzberg who is a Cleghorn Professor of Management Studies at the Desautels Faculty of Management of McGill University, and has spent the last two decades trying to fix the present MBA mess.
His book "Managers not MBAs" is a must read for anyone thinking about hiring an MBA.
Henry Mintzberg has data that shows MBAs tend to correlate with negative traits. This means that an MBA at the very least starts with a "higher probability of not being a good employee", so now they have to prove that they are better than the norm.
" the challenges Elon has faced in Tesla are a clear demonstration of what MBAs (and Lawyers and Lobbyists) are good for - success in the real world."
While this is true, I suspect that what he sees (and dislikes) about the fact is that MBAs (and especially lawyers and lobbyists) are necessary tools in much the same way that soldiers are: they fight with the other guy's MBAs, lawyers, and lobbyists, laying waste to much real value in the process; because the alternative of having the other guy's MBAs, lawyers, and lobbyists march in unopposed is even worse.
Engineers, scientists, and the like, by contrast, get sent out to prod the obnoxiously complex and notoriously noncompliant laws of nature into enough semblance of obedience that they can be put to good use.
Obviously, there is value to having a good lawyer, or a good army, at your back; because there are others out there who have the same, and don't have your best interests at heart; but there is a certain tragedy in watching men, time, and money, get thrown into the meatgrinder in order to keep two adversaries off one another's backs; while there is a certain triumph in seeing the application of human effort bring new areas of nature within the scope of human understanding and utility.
I can tell you one thing:
If a businessperson ever doubts an engineer, they are most certainly not highly successful.
Engineers make things. Businesspeople hoard money. Of course they both think they are right... but one of them is.
and makes me think that there is still hope. MBAs destroy innovation, motivation, and productivity in the name of short term profits. MBAs represent modern scorched earth business tactics. Profit in the short term and destroy a thriving business in the long term. I run my own consulting business and an MBA is my weedout criteria - have MBA, will not travel.