At our learning centre, we recently held a discussion on- “What is important for success- knowledge, power or wealth?”
The
participants in the discussions were entrepreneurs, corporate
executives, bankers and others. Different views were presented by the
speakers. Some considered knowledge as most important factor. They
enumerated examples of successful people who had risen from being
unknown to highly rated successful individual by consistently acquiring
knowledge and gainfully using it. Knowledge in such cases did not
necessarily mean any university degree or such other qualification.
Knowledge, here, denotes application of mind of the practical knowledge
received through any medium and using the same for earning name, fame
and wealth. Steve Jobs is one such example. Our own Dhirubhai Ambani is
another. Even Warren Buffet’s story is no different. It is rags to
riches. While academic Knowledge has also helped lots of people to
become successful and famous.
The
role of power in success, too, cannot be undermined. Politicians
achieve power and then use the same to achieve greater power. This is
how power helps them to be successful. In the present scenario, a
powerful politician can introduce his/her son or daughter to become a
nominated leader and in the process achieve success in politics. Many
politicians, today, are following this model of leadership succession.
Likewise, a powerful bureaucrat can use his power to help his friend
relative to achieve success.
Wealth
can buy knowledge and power. So, one may say that if you have money,
you can achieve any goal by hiring people, facilities to create any
large project and achieve success. But without Knowledge achieved
through experience it is very difficult to see the success of a large
project. Political leaders can no doubt introduce their wards in
leadership succession through the power they wield, but unless they
ensure that the latter gain sufficient experience, the entrant may not
be successful. Knowledge acquired through experience alone will bring
success to them. Here too, Knowledge gained with experience becomes
important. Power alone will not work.
So, the fact of the matter is that knowledge learnt through studies or gained through experience is indeed very important in any field.
But, it needs to be remembered that the meaning of success has to be defined by each and every individual in his/her own terms.
How should one do that? That will be a subject of another post.
Thank you.
- Importance of Power
- Importance of Power
- Importance of Wealth
So, the fact of the matter is that knowledge learnt through studies or gained through experience is indeed very important in any field.
But, it needs to be remembered that the meaning of success has to be defined by each and every individual in his/her own terms.
How should one do that? That will be a subject of another post.
Thank you.
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