Raghuram Rajan – Some People ARE Indispensable!
The classic Indian mantra of “No one is indispensable” reveals an ignorance about how valuable good people are. They are RARE to find, and unless organizations and companies struggle to retain top talent, they will only achieve mediocre performance. Can the RBI survive without Raghuram Rajan? Of course it will! The building will remain. The organization will still exist. But it won’t be as EFFECTIVE.