Rich Wellins Featured on CNBC’s Squawk Box (Europe)
MBA graduates do not necessarily make better leaders.
Sunday, June 12, 2016
There is a concerning lack of business leadership, despite firms spending billions to develop their boss’ skills. Senior Vice President, Richard S. Wellins, Ph.D., shares insights from DDI’s High-Resolution Leadership report on CNBC’s Squawk Box about whether or not MBA graduates make better business leaders.
Excerpt: “We put thousands of people a year through an assessment center process. It is a little bit different. It is not just a written test. They go through simulations…We watch their behaviors and we rate those behaviors. And, one of the interesting things we did with this database is on the very topic of MBAs. We took those people who went through MBAs and those that didn’t and looked at their performance in assessments. What we found is maybe it’s not worth the sixty-thousand dollars a year. We showed…MBAs come out a little better in terms of assessment performance on things like business savvy. They don’t do as well on interpersonal skills, communication skills, or the ability to execute. Actually, non-MBAs have an advantage over MBAs.”
Watch the interview!