Jack Welch recently announced that he would be launching an online MBA. He claims he will be heavily involved in curriculum development, even teaching, the managerial principles that made him one of the most revered executives of all time.
Yawn. For Jack Welch's online MBA to be truly novel, he will have to lean on his sizable corporate rolodex from an employment perspective. That is, he must convince corporate recruiters that a product of his online university, would be equally (or better) adept at solving problems than traditional schools. If Welch makes a few calls to GE and ex-GE execs ( Home Depot, Best Buy, etc) and influences hiring from his online MBA pool, this could become a true shock to the MBA system. If employers go to Welch, traditional schools may lose their most vital bargaining chip. If not, Jack Welch U will disappear into the muck of already crowded online education options. Wait and see.
Aveek Guha, President, MBA Day Camp