Federal Judge Outlaws Internships
As I was creating this fine breakfast, I asked the kid how he got the job of cooking eggs.
"I just graduated from Army cooking school. This is my first day."
"And you can't fry eggs," I said. "What the hell did they teach you?"
You want to hire MBAs and Ph.Ds who know theory and have never seen the inner workings of a company?
And oh, by the way, here's a 2006 AdAge.com story from my private archive (swipe file). I labeled it MBAs, Not Worth Shit:
Don't Study Too Hard: MBA's Fail at Marketing: Survey Finds Those With Degrees Underperform
If you want to be successful in marketing, don't get an M.B.A.
The degree is not only worthless, it can work against a marketer, according to a survey of marketing executives from 32 consumer-products companies by consulting firm Ken Coogan & Partners. The study used scanner and panel data from VNU's ACNielsen to show marketers from companies with significant market-share gains are far less likely to have M.B.A.s than those from companies posting significant share losses.
Takeaways to Consider
- I'll take an eager intern to train as a writer over a hotshot, know-it-all MBA any time.
- Internships can be win-win deals for all concerned.
- The two whining interns—Alex Footman and Eric Glatt who sued Fox for labor violations—are all over the Internet now. This story will follow them for the rest of their lives. A potential employer would be nuts to hire them.
- The mantra of politicians these days is "less government and smaller government." If so, get the politicians and judges the hell out of our businesses.
- If I were 60 years younger, I would love an internship where I could watch a major motion picture being filmed—just as I was mesmerized watching Bob Fosse rehearse the dance sequences for Pal Joey.
- If you're an intern, you're gonna get some crappy assignments. But you have a place to go every day, work with professionals whom normally could not get near and learn about a business from the inside.
- Not happy as an intern? Quit.
- In short, internships can get young people in the door and acquire skills to put on a résumé.