Issue link: http://www.e-digitaleditions.com/i/58912
"Frank Jones" who stayed put at their original company. And then they find out that Frank Jones is now ahead of them. He's been there a long time, he knows everybody, and he has become a reliable source for the company. It comes back to staying long enough to know the business. Whenever I see people with a number of moves on their resumes, immediately red flags go up. How long will they stay? Companies know that new people have to be retrained and retriggered. They have to be introduced to everybody; they have to learn the system. Companies want people who are loyal, who work hard, and who have honesty, integrity, and intelligence. They want people who'll stick with them, who've been there since Day One. It's amazing the trust a person can build up with a company over time. If you see people who've been with a lot of companies, who are opportunistic, there's a question mark there. You may hire them, but you do look at them with a sharper eye than you do other applicants. It doesn't mean that people shouldn't make any changes, but they shouldn't make many. When they change jobs too often, they only hurt themselves. What do you think is most essential for business schools to teach students today? Some may disagree with me, but I've always thought that a knowledge of economics broadens a person's thinking. Stu- dents need to know how general econometric trends oper- ate. I think there's not enough of that in business schools. Otherwise, business schools do a pretty good job. In finance, they've become more global, more concerned with transferring assets across borders. They'll need to continue looking at that global environment. As we envision what's coming in the next 20 or 30 years, companies and investors won't care what country they're in. They'll say, "I'll obey that country's laws, but it doesn't matter to me where I am." As we advance toward that, it's going to change a lot of what we do. ■ z The MBA That Delivers The part-time MBA landscape is fundamentally changing—location and duration, cost and content. mg LEADS THE FIELD in creating innovative solutions for part-time students: BABSON Fast Track MBA Portland, OR campus • Nationally ranked MBA taught in 24 months Wellesley, MA campus • Collaborative, team-based learning environment • Unique combination of Web-based and classroom learning Evening MBA Wellesley, MA campus • Nationally ranked MBA taught in 36 months • Team-taught "cluster courses" encourage learning from multiple perspectives • Career Contexts help students design their electives with a career focus The MBA That Delivers www.babson/edu/mba T H E B A B S O N M B A F O R W O R K I N G P R O F E S S I O N A L S The #1-ranked MBA in entrepreneurship by U.S. News & World Report for the 13th straight year. BizEd SEPTEMBER/OCTOBER 2006 21