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Some interesting ideas by Roger Martin here on how management education can be improved. First he mentions in his assessment of the MBA that most programs tend to be very shallow versus deep. Students are taught a variety of models, theories, and approaches but what remains unexperienced is the ability to decide which should be applied to a particular circumstance. Roger is rightly critical of standardized approaches when he discusses an financial options valuation formula that is applied to every conceivable options type.
Second, he discusses how MBA programs teach subjects individually with very little overlap of other disciplines. This narrow versus broad approach doesn’t allow for people to appreciate how other business functions can have an impact. Also, the philosophical approach of current management education is based on looking after one self, reminiscent of Milton Friedman’s ideas on business’ responsibility. Very true. Ethics, CSR, and Sustainability are definitely elective courses. Shouldn’t social and environmental values in addition to self-interest be integrated into all courses? Beyond what’s merely lawful or customary. What about having courses on other kinds of business models like social enterprises and entrepreneurships?
Lastly, he criticizes the approach of having students analyzing the here and now, then choosing among a set of existing options. Thereupon people are called to calculate the internal rate of return, forecast probability based on past data, and things of the like. In other words, students aren’t being challenged to imagine and create new options. Ultimately we should be more dynamic versus static-oriented.
He goes on to describe how management education can be improved by becoming more deep, broad, and dynamic. By going beyond inductive and deductive logic which refine and hone that which exists, to incorporating abductive logic which explores what can be.
Enter Design Thinking, a balanced orientation to administering business by being analytical (seeking 100% reliability on one end), and intuitive (seeking 100% validity on the other). And that’s how management education should be taught 
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I wish I had seen more design/social thinking “baked in” to my MBA curriculum. This is def. an area that is still sorely lacking & lagging…
Ryan