Thursday, July 5, 2007

New division of labour

My Uncle pointed me to an Article from the NY Times, which you can also find at

http://www.nytimes.com/2007/07/05/business/05outsource.html?ex=1184299200&en=5bdfd96c471d6a1f&ei=5070&emc=eta1

One of the central points that the article makes is that companies like IBM have to move up the value chain to survive. Having said that, there is also a school of thought that believes that your degree decides the kind of work you are good at. For example, most people believe that one has to be a MBA to be a Management Consultant. You could be a great techie, but what do you know about business without a MBA?

While this school of thought has its own merit, I think it is, in a large part, misplaced. In today's world, knowledge is almost free. Anyone who has access to a dial-up connection (lets take the worst scenario here ...), can access a vast amount of information out there, and interact with people with such diverse viewpoints and expertise areas, that they can pick up lots more than can be picked up in a classroom setting.

Which is why, I believe that companies would do well to tap into experience rather than qualification.

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