We we Need More or Less MBAs in Tech?
I recently got an MBA and realized post MBA roles like product management and marketing are all about extracting value from customers rather than creating value. Engineers invent and build new products and features, creating value for customers. Us MBAs figure out how to extract as much value from a customer without them leaving, whether it means charging 10X more for the same GPU just for the privilege of running it in a data center (Nvidia) or showing the maximum tolerable number of ads in a YouTube video (google) before someone clicks away. Do we need more or less MBAs in tech? TC 250
It’s a balancing act. If you let engineers run the show, you’ll get products that customer won’t pay for (but the engineers think are cool) and/or tons of process dedicated to perfecting what ever it is you sell (ie moving towards stagnation). Need some business minds for sure, but ones that act with restraint and don’t doom the company with thinking that is either too shortsighted or too distant into the future.
😂 I wish this was true… the reality is a person that goes to a paid course call it mba or whatever has not much more instinct for knowing what customers want… lots of failed projects following PMs directions.
A degree doesn’t guarantee you’re good at something. I’ve met lots of trash engineers, too, some with masters.
I’m a girl with 160k TC at LinkedIn if you make more than me feel free to roll into my DMs
Can you get us free premium?
Whoa there buddy, she's not a genie!
That’s capitalism, baby. Everything engineering does is in an effort to extract value. Otherwise nobody would be making a profit.
No mbas in tech please
If we want to get paid and see our RSUs appreciate, somebody will have to do a value extraction job. The question is then if they should be better at their jobs or worse, presumably indicated by having an MBA vs not. If I'm supposed to place faith in people because they went to Stanford for computer science, I might as well do the same for the Stanford MBAs.
Only if they graduated from Canada’s top business school, with really good grades.
I'd like the CFO to have an MBA. For everyone else, applicable experience > MBA.
If you are creating value for the shareholders, who cares? You do not work for the customers.
Only $250K TC???
This is business, so everyone is extracting value. From both the customer and, frequently but often unnecessarily, from the fellow employees.
No, there are also win win situations…
And there are employees who are fortunate enough to never have to directly extract value. However, in aggregate everyone extracts value or else the business dies.