man
relationship with sympathy and something of a long-time dynamic
viewpoint. When this is accompanied by a mastery of scientific method,
the foundations are reasonably secure. Without such foundations,
secured either in college or out, analysis of problems in a specialized
business field is almost sure to be one-sided and incomplete.
The kind of professional training that I would suggest for the future
business executive would be laid on the foundation of a college course
of two, three, or four years in which the viewpoint and the varied
methods of study in several diverse branches of knowledge had been
thoroughly instilled. When the student passed to the professional study
of business he would be expected to master the fundamentals of business
organization and management, including the basic elements of subjects
like accounting, finance, and other divisions of organization common to
all lines of business. All of these studies would be pursued with
constant reference to the fact that business is carried on in a
community in which certain public policies are enforced and in
recognition of the fact that business should conform to these policies
and help to make them effective in contributing to public welfare.
As the student advances, the course would proceed toward greater and
greater specialization, and would finally culminate in an intensive
study of some fairly narrow business problem, pursued until the student
has mastered it in principle and in detail. The result of his study
would be set forth in dignified readable English which an intelligent
layman could comprehend and which would make the article acceptable for
publication in a journal of standing.
Professional study of business, then, should give students a
comprehensive many-sided survey of business and a thorough grasp of
scientific method as used in analyzing business facts. It should
prepare the student to think complicated business problems through to
the end and to put the results of his thinking together into an
effective working plan. Finally, it should maintain an atmosphere in
which business problems are regarded in a large and public-spirited
way.
We are well under way with professional training for business; but if
students fail to get the general educational foundation for it, it will
not accomplish the best results. If the two, three, or four years of
college study is regarded as something purely ornamental and
irrelevant, while they ar
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