The same can be said almost anywhere. The big issue is that businesses often offshore work to save on labor costs rather than to improve the quality of their products.
This problem is significant, and here’s why: consider yourself of average intelligence. Now think about how many people are below that level. Then consider those above your level of intelligence and start dividing them further by demographics, age, profession, interests, and so on. What you’re left with is an alarming realization—only about 0.1–0.2% of the global population may truly excel in your skilled profession. Education helps, but it doesn’t define one’s ability.
Unfortunately, this also means that many people end up in professions they are not suited for, including CEOs who shouldn’t be in those roles. It’s a sobering thought, and when you really consider it, it’s a bit crazy to think about.
Sometimes that talent pools in different part of the world too.
This problem is significant, and here’s why: consider yourself of average intelligence. Now think about how many people are below that level. Then consider those above your level of intelligence and start dividing them further by demographics, age, profession, interests, and so on. What you’re left with is an alarming realization—only about 0.1–0.2% of the global population may truly excel in your skilled profession. Education helps, but it doesn’t define one’s ability.
Unfortunately, this also means that many people end up in professions they are not suited for, including CEOs who shouldn’t be in those roles. It’s a sobering thought, and when you really consider it, it’s a bit crazy to think about.
Sometimes that talent pools in different part of the world too.