To believe otherwise is to believe that someone (the college professor) who for the most part lacks any background in the real-world application of finance could transfer skills to those who desire that real-world knowledge.
From experts in Ponzi schemes to social business to pharma and healthcare, Forbes has brought together experts in a variety of topics to share their real-world knowledge.
When managers managed with a spreadsheet rather than real-world knowledge about what was actually going on in the factory and what were its possibilities, they overlooked hidden costs of the erosion of skills, the loss of quality and constraints on innovation.