Why Harvard Business School is under fire


The Economist,
May 19, 2017


The Economist not surprisingly rejects the idea that “HBS is responsible for the ills of Western civilisation” but is willing to countenance the idea that it has behaved badly: “It has failed to manage conflicts of interest adequately: for example it gives companies a veto over case studies written about them and academics can be paid by the companies they teach about.” The school has failed to diversify and tuitions have increased  30% in five years. But the key point here is that HBS, by virtue of its position, establishes these as  normal business  practice. It makes clear that academic integrity and  ethical behaviour are irrelevant to business. And that’s a problem.
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