How to Hire Less MBAs and Cut Costs

The CEO of a consultancy firm told him that his company needed to hire less MBAs. "I keep replaying that conversation over and over and over again in my head when I think about Che Pec," he said. The former weather forecaster didn't come up in the same world as Disney's Bob Iger, who worked his way up from being an ABC weatherman until becoming its chief executive.