Management Education's Unanswered Questions

Managers want the status of professionals, but not all managers want the constraints that go along with professions. Why? For more than 100 years, business education at the top universities has been searching for its soul. HBS professor Rakesh Khurana, author of a new book, says business school education is at a turning point. Key concepts include:
Is management a profession? After more than a century of business education, it remains an open question.
The founders of today's top business schools envisioned a world in which managers served the best interests of society, not narrow self-interests.
Management education is closely linked with the prevailing winds of society.
Elite business schools today are at a crossroads, especially since the rise of business education in China and India.