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What B-schools can't teach you
By Kukil Bora, SiliconIndia
|
Wednesday, 27 April 2011, 12:54 IST |
51 Comments
2. Lessons from failure:
"Failure is the pillar of success" - all of us know it. But how many of us take failure in our stride? Very few, isn't it? B-schools also fall short of doing the same. If that was not the case, why would Dale Carnegie, the management book writer who has written dozens of motivational books commit suicide? B-Schools and books can give you theoretical ways to deal with failure, but the experience and lesson we learn by failing will stay with you all your life than the theories mastered in B-schools.
3. Life @ Ground zero
B-schools do teach the numbers and analysis of risk. They are excellent in teaching the technical side of risk management. But what about living with risk? This is what they can't teach. As an entrepreneur or business owner you take many risk, you have to if you want to survive, grow the business. But what about risks which are undefined? During 26/11 we saw some Taj Hotel employees managing and dealing with a risk which threatened even their life stoically and bravely. No management school can teach you how to behave in such a risky situation.
