Employers routinely look for new talent in colleges and universities, and prioritize certain “elite” schools as more valuable talent pools. This is especially true in talent discovery for STEM (science, technology, engineering, and math).
The problems with this strategy are clear:
- Limited supply, high competition
- High talent homogeneity
- Low ethnic, cultural and socioeconomic diversity
- “Echo Chamber” effect on business and innovation
Given the high stakes for people, companies, and societies at large, we analyzed Knack data to identify the hidden STEM and Learning potential of individuals in two radically different pools:
- Disadvantaged vocational students at Tata Strive skill development centers in India
- MBA graduates in Europe
Here is what we found:
The data shows that—
- Disadvantaged Indian youth stand shoulder to shoulder with MBA students on both STEM and Learning potential, with the distributions of STEM and Learning potential being virtually identical
- In fact, Indian youth have about 10% higher median STEM score compared to MBAs
- 63% of India youth score higher than the general population on STEM potential, compared with 56% of MBAs
So what does this mean?
We live in a world where talent is distributed evenly, but opportunity is not. Technology enables us to massively redistribute opportunity and, most critically, to identify and tap into the new talent pools of the future.
The data frontier
Companies, education providers, and governments have an unprecedented opportunity to reach talent anywhere and to transform their businesses, produce skilled talent pipelines, and accelerate their economic performance through human potential identification and development.