Does our educational system, especially the university system, create value? Should it? If it does, what value does it create? If it should, what value should it create? My last two posts were about creating value and our relation to the value chain, and this is a continuation of the same line of thought. This is especially relevant, because my son is about to enter university, in Fall 2012. While we are agonizing over the decision of where he should go, what he should study, and how we will fund this endeavor, my mind always wanders back to the question of value – “Why is he going in the first place?” Continue reading