{"id":130,"date":"2016-02-25T20:19:51","date_gmt":"2016-02-25T20:19:51","guid":{"rendered":"http:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/?p=130"},"modified":"2016-05-31T20:40:17","modified_gmt":"2016-05-31T20:40:17","slug":"book-review-teach-harvard-business-school-two-years-inside-cauldron-capitalism","status":"publish","type":"post","link":"https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/book-reviews\/2016\/02\/book-review-teach-harvard-business-school-two-years-inside-cauldron-capitalism\/","title":{"rendered":"Book Review: What they teach you at Harvard Business School: My Two Years Inside the Cauldron of Capitalism"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-133\" src=\"http:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/files\/2016\/02\/WhatTheyTeachYouAtHavardBusinessSchool_Cover-196x300.jpg\" alt=\"WhatTheyTeachYouAtHavardBusinessSchool_Cover\" width=\"196\" height=\"300\" srcset=\"https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/files\/2016\/02\/WhatTheyTeachYouAtHavardBusinessSchool_Cover-196x300.jpg 196w, https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/files\/2016\/02\/WhatTheyTeachYouAtHavardBusinessSchool_Cover-669x1024.jpg 669w, https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/files\/2016\/02\/WhatTheyTeachYouAtHavardBusinessSchool_Cover-700x1072.jpg 700w, https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/files\/2016\/02\/WhatTheyTeachYouAtHavardBusinessSchool_Cover.jpg 1465w\" sizes=\"auto, (max-width: 196px) 100vw, 196px\" \/><\/p>\n<p><strong><em>What they teach you at Harvard Business School: My Two Years Inside the Cauldron of Capitalism, <\/em>By Philip Delves Broughton.\u00a0London: Penguin, 2010.<\/strong><\/p>\n<p><b>Reviewed by:\u00a0<\/b>Ivan Ivanov, <em>BSc Business Management<\/em><\/p>\n<p>The book I recently read is the story of the journalist Philip Broughton who decided to turn his life around. He quitted his job as a Bureau Chief at The Daily Telegraph newspaper in Paris and chose to get an MBA degree from Harvard Business School. Throughout his studies he kept a journal, which helped him write the book based on his experience and personal thoughts on the course.<\/p>\n<p>As the book is written in the first person, it is biographical in style and helps to familiarize the reader with the author\u2019s educational process \u2013 what modules he takes, what are his difficulties and insecurities while getting into Business as a field he had never come across before, and above all how he copes with graduating successfully despite the obstacles along the way.<\/p>\n<p>What I mostly like about the book is that the author constantly gives self-reflection on his feelings, his studies and his thoughts. He talks about modules which many Business students will find familiar, for example Accounting, Finance and Operations Management. The \u2018LEAD\u2019 module he takes reminds me of Key Skills for Business, which we study at the University of Southampton. It is about dealing with human behavior in business, understanding one\u2019s role in a company and the way to get ahead. Similarly, Key Skills for Business familiarize us with the crucial principles we need to successfully climb the hierarchy and be the best at what we do for living. \u2018Technologies and Operations Management\u2019 reminds me of Technologies that shaped the Business world, which first year Business students study at Southampton. Both modules include better understanding of factory systems, manufacturing schedules, supply chains and process management.<\/p>\n<p>The thing that intrigued me the most is that before one enters Harvard Business School they fill out a self-evaluation test. Moreover, similar tests are considered a constant practice throughout the degree. The self-evaluation tests show insights into one\u2019s personality and help in finding the right path for a future career. If they were included in every Business School in the world, I believe people would find their path and follow it more easily. While reading I realized what the only differences between all Business Schools are: their name and reputation. The subjects, modules, topics, suggested readings \u2013 they are all the same everywhere. The author reveals that there is something called FOMO around Harvard Business School, which is \u2018Fear of missing out\u2019. In order to keep FOMO out of your life, you need to choose exactly what you want to do, without giving a thought about anything else. After five months the author thinks that socializing is a key feature at HBS, after a year he gets accustomed to the elite and by the time he graduates he feels lost. In the end he uses everything he had learnt in adjusting his previous life of a journalist in a new business.<\/p>\n<p>With his narrative style of writing I reckon many students will find reading the book appealing. I also suggest everyone headed for an MBA degree or currently studying a business-related course to give the book a try, as it will provide the reader with insights on the studies, honest opinion from a person who\u2019s been there and his struggles throughout the degree which are easily recognizable by students today.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>What they teach you at Harvard Business School: My Two Years Inside the Cauldron of Capitalism, By Philip Delves Broughton.\u00a0London: Penguin, 2010. Reviewed by:\u00a0Ivan Ivanov, BSc Business Management The book I recently read is the story of the journalist Philip Broughton who decided to turn his life around. He quitted his job as a Bureau Chief at The Daily Telegraph &#8230;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":97847,"featured_media":133,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[84196,1030549],"tags":[],"class_list":["post-130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-book-reviews","category-general-interest","column","threecol","has-thumbnail"],"jetpack_featured_media_url":"https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/files\/2016\/02\/WhatTheyTeachYouAtHavardBusinessSchool_Cover.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/wp-json\/wp\/v2\/posts\/130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/wp-json\/wp\/v2\/users\/97847"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/wp-json\/wp\/v2\/comments?post=130"}],"version-history":[{"count":2,"href":"https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/wp-json\/wp\/v2\/posts\/130\/revisions"}],"predecessor-version":[{"id":134,"href":"https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/wp-json\/wp\/v2\/posts\/130\/revisions\/134"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/wp-json\/wp\/v2\/media\/133"}],"wp:attachment":[{"href":"https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/wp-json\/wp\/v2\/media?parent=130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/wp-json\/wp\/v2\/categories?post=130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.soton.ac.uk\/bscbusinessmanagement\/wp-json\/wp\/v2\/tags?post=130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}