Originally posted by DailyFreeGames.com:
Maybe it's somewhat unfair to equate education/experience with a topic as simplistic as swimming. If youÂ’re asked to choose a swimming safety guard, and 2 guys come in, whom will you choose?
First guy: Have experience in swimming, swim once a week at least for the last 5 years but donÂ’t really know much on the factual things about swimming.
Second guy: Read all the books about swimming, all the history about it, and the names of the best swimmers in the world, but unfortunately never swim before.
Second case, whom do you think will be a better successor to take over your business?
First guy: Have managed and lead 10 different companies from MNCs to GLCs before, but was previously a drop out because no interest in schooling.
Second guy: Has a Ph.D. in business studies, but has never manage or lead a business before.
IÂ’m posing these questions because I believe paper qualifications are overrated.
Why don't you include a third guy who has vast experience and had high academic qualifications?
BTW, I don't know what must be done to achieve a PhD in Biz. But I know that to get a Masters or Doctorate in Science courses, one has to do research and make contribution to the field of study he's in. One has to work based on knowledge and experience to achieve something that's not done before.
What I mean is.....
An undergraduate degree holder may be fresh out and do not have experience. But he'll be able to catch up on that sooner or later.
A graduate degree holder will have clocked his experience while doing research. He has to work with/for the industry within the confines of limited funds and time and with minimal guidance.
I do not think degrees are overrated. But with so many MM degree courses springing all over and training less rigourous as the mainstream courses, it's little wonder that the course do not train compentant workers these days.