With more people pursuing post-graduate degrees, have you reached a point where you feel like you’re the only one in the room who doesn’t have an MBA (Master’s in Business Administration)? It can be intimidating working alongside colleagues who have higher levels of education than you. Regardless, it’s important to take note that a personal career path is more than their person’s educational background. This is because, at the end of the day, you will realize that experience matters more than education. So, do you need an MBA to succeed?
Before you jump the gun and enroll yourself for an MBA, are you ready for all that comes with that huge commitment? Not only is it extremely expensive, but it will take a huge chunk of your time, you won’t make that much more money because of your lack of experience and you might even find that an MBA is not relevant to the career you want. Tesla and SpaceX founder, Elon Musk, says the biggest problem with the corporate world today is that too many MBAs are running the companies.
Musk said the biggest mistake he has made as a leader of both Tesla and SpaceX was spending too much time in meetings looking at PowerPoints and spreadsheets, instead of being out on the factory floor.
Hence, what is the true secret to success? He simply said, ‘I read books.’ On that note, here are the 6 books Elon Musk recommends you to read.
Asking the Right Questions: A Guide to Critical Thinking by M. Neil Browne.
Asking the Right Questions provides readers with a solid walk-through of how to critically analyze any piece of argumentative writing. It lists down the steps to understand and evaluate an argument, which it thinks of as a “sponge and filter” approach.
Organizational Culture and Leadership by Edgar H. Schein.
Schein explains, in very clear and articulate language, about organizational culture, how it evolves, and how it can be changed. Moreover, he draws on many first-hand experiences with multinational corporations in cultural assessments and programs for change.
Essentials of Organizational Behavior by Stephen P. Robbins.
Strong organizations give managers a wide span of control and empower employees below them to make decisions and problem solve. Strong organizations have clearly defined roles, shared meaning with a strong sense of purpose, and encourage creativity by rewarding failed attempts alongside successful attempts at innovation.
A Theory of Human Motivation by A. H. Maslow.
Maslow explains how human motivation works. The author delves deep into every one of the stages, explaining the implications of them from almost every point of view relevant to a human, from the practical to the philosophical.
Defining Moments: When Managers Must Choose Between Right and Right by Joseph Badaracco.
Defining Moments is a thought-provoking look at the moral and ethical element of decision-making in the workplace. It explains that many decisions in the workplace are not between right and wrong, but rather between right and right.
Corporate Finance by Jeffrey F. Jaffe, Stephen A. Ross, Randolph Westerfield.
Corporate Finance, by Ross, Westerfield, Jaffe, and Jordan aims to present corporate finance as the working of a small number of powerful intuitions. This is done by emphasizing the modern fundamentals of the theory of finance while providing contemporary examples.