The companies are more and more electronics, as for examples ERP Enterprise Resources Planning, CRM Customer Relationship Management, Voice over IP VoIP, sophisticated Call Centers, Business Intelligence BI, Internet, new Internet Marketing, etc. Therefore, to survive a modern business administrator must learn those new ways to do business and how to manage those modern enterprises.

In other words, current MBA will be substituted by a CIO in a very short period of time. And a recent report from Association to Advance Collegiate Schools of Business, primary accrediting body in North America lambasted its members for maintaining a curriculum that is out of touch with modern business practices. As a matter of fact, current MBA it's an 60-years old curriculum in begin of this digital age.

About the Auctor:

The Stanfords had only one son, Leland Jr., whom they loved dearly. He was fond of playing at their sprawling Palo Alto ranch, especially on his miniature railroad with 400 feet of track. In 1884, while family was vacationing in Europe, young Leland, just two weeks shy of his 16th birthday contracted typhoid fever and died. The family was devastated. That tearful morning Leland Sr. turned to his wife Jane and said, “The Children of California shall be our children.” With that passionate thought, Stanfords decided to donate their millions in remembrance of their young son who never reached his 16th birthday. Today, you are all fortunate to be blessed with an American Treasure - Stanford University. .