Judgement
I had coffee with a good colleague today. Richard Brookes is one of the superb teachers around here.
We got on to the topic of what managers really need to know and the issue of the relevancy of much management research.
As a result of our discussion, I am even more convinced of the need to teach "judgement" in our MBA programmes. The challenge is that it's hard to do that.
I think in my next undergraduate class, that I'll see how much buy-in I can get from the students to such an assertion (and consequently, how much effort they'll put into developing better judgement).