If you have the opportunity to take a look at the content of your typical business administration book, or even the Harvard Business Review magazine, they essentially are collections of success stories. Instead of setting the narrative, they go and say “this or that worked/didn’t work, to get this company out of a slump”.
The issue, I believe, stems from the fact that “bringing in the MBAs” happens when a company doesn’t hit inflated targets, and for that you have to thank the c-suite, which isn’t necessarily a bunch of kids with master degrees.
In that content is the sometimes implicit, sometimes not-so-implicit understanding that efficiency is something positive. The very first thing a finance textbook will inform you of is that the market is efficient and that this is what allows it to function.
When in reality, efficiency and fragility are two sides of the same coin. You might not want to maximize your efficiency if you also want to be resilient.
