MBA programs do a good job preparing managers to run existing businesses, but Thunderbird President Ángel Cabrera, Ph.D., said Nov. 6 during a question-and-answer session in Macau that the world also needs entrepreneurs who know how to build businesses from scratch. “We need to experiment,” Cabrera told an audience of about 125 alumni at the Thunderbird Global Reunion at the StarWorld Hotel. “We need to help future business leaders not only be masters of business administration, but also masters of business creation — MBCs — or masters of business design — MBDs.” Watch the video below to learn more, or visit Dr. Cabrera’s blog on the Thunderbird Knowlege Network.
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