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By Degrees

You can show highly educated employees the corporate ropes--but you'd better do it step by step.

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This story appears in the December 2004 issue of Entrepreneur. Subscribe »

Every employer wants to hire smart people, and now there may be even more from which to choose. It's projected that from 2000 to 2010, the number of jobs filled by people with Ph.D.s will increase nearly 25 percent, according to the Bureau of Labor Statistics. Ph.D.s are valued in jobs requiring a high degree of specialization. Computer science, health care and biotech are just a few areas where Ph.D.s are making their mark.

But when Ph.D.s meet MBAs, watch out. "You have the action-oriented MBA [saying] 'What's the bottom line?' Then you have your Ph.D. who's the think tank," says Joshua Estrin, president of Fort Lauderdale, Florida, business consulting firm Concepts in Success. "It's a wonderful mix. But when it doesn't work, it's like oil and water."

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