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Q: At Cannes Lions, a PepsiCo CMO said that (ad) agencies must invest resources and get the best talent early on. But in India, agencies can’t really afford to hire top B-school talent. So, is it a lose-lose game?
A: Two instant questions that come to my mind: 1. How do you define best talent, and 2. Business school students are perceived to be an epitome of talent.
Talent is overrated, to my mind. Of course talent is important but without discipline, smart work and the right attitude, one can’t achieve sustained success. Talent needs to be nurtured and a culture of pursuing excellence in a sustained manner can’t be achieved by a few platitudinous intentions. One has to work towards it constantly.
Management education certainly helps but there is no guarantee that their presence would automatically ensure birth of an elusive talent in an organisation. A good MBA degree from a renowned institute could be good calling card , but on its own, it can’t guarantee success as context and challenges are unique to sectors and organisations. In today’s hyper-competitive ecosystem, one needs to constantly innovate (not necessarily disruptive) and adjust business strategy to the unfolding challenges. A business school can teach a process-rich framework, but in a world of future backwards strategy formulation, it is important to be flexible enough to work with multiple scenario building and navigate it adroitly and with cognitive agility. A business school can’t teach every possible eventuality.