Strategy and decision-making simply get too little attention, according to latest solid evidence on this topic, in an academic paper too. How Relevant Is the MBA? [details below] took the simple but powerful approach of comparing the content-mix of 373 MBA programs with the managerial requirements specified in companies’ competency models. Over-weighted and under-weighted content were …

Too much:

• logistics and technology
• managing the task environment
• administration and control [nearly 2* too much]

Too little:

• managing people
• decision-making [barely 1/2 the required emphasis]
• strategy and innovation [barely 1/2 ...