The CEO of LAB asked us to provide some perspective on three questions. You can see the full LAB study here.

(1) Should LAB, a bank, make coding a mandatory skill-set for new hires?

(2) How should LAB position itself against other development finance banks?

(3) What is the main benefits case we see in the study?

Question 3 was answered in the live blog. Question 2 will be answered in the live-blog soon. This is the answer to question 3.

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4 responses to Why coding is overrated: LAB Study

  1. Hi Lucas,

    Yes, if you like coding and technology then you can learning coding. Yet, one does not need to know coding to be in the technology sector. So, it must be a personal choice but it is a myth that coding is as essential as people say it is.

    Coding is an applied science. And most coding taught at places like Udacity etc., are vocational in nature.

    Michael

  2. Hi Michael,

    I recently started listening to these podcasts, and I just want to thank you for making these available as they are gems of very insightful pieces of information that is helping me further my personal development.

    Regarding this podcast, would coding be a valuable skill for an individual that both enjoys learning about technology and aspires to work in the technology sector? In the McKinsey Strategy vs BTO that you should “skate to where the puck will be”. I take this as going to where the trends are going to take place in the near future and pursue a tech relevant background in education and experience.

    Perhaps, the motivation for LAB in pursuing this line of thinking is too generic, and not an immediate concern so from a corporate strategy perspective I can understand it does not need to be something that is implemented.

    Thank you,

  3. Great points Vinay. Agree with them all – completely.

    Though I think the CIO role will die. You will end up with CMO’s being more aware of technology, same for CFO’s etc.

    I am no expert on this, so I could be wrong.

    Let’s see.

    Michael

  4. Michael,

    It is a little surprising to hear that the C-suite of a company actually thinks having coding skills is a great asset for each of its employees.

    (1) Yes Technology is a force to reckon with. However, what is the overall business plan of the CEO ? Where can technology actually be of help ?
    (2) Technology needs guidance. Who are the key architects of the organization, who can give guidance to technology. What is on their agenda ?
    (3) Technology need boundaries and direction. A clear roadmap for adoption of technology for the organization is required.

    Only when we have a clear view of the strategy, guidance, direction and boundaries. Then we will be able to understand the skillset the organization needs to own/hire to build the required capability.

    How much of it will lead to competitive differentiation?
    How much of it will be “me-too” and “meet-common-market-baseline”?

    Such and other questions when answered will give a clearer picture into where they are headed and then we can draw out the HR strategy & then FINALLY think if everybody needs coding skills.

    They are micro-finance company….. like that nobel prize winning….bangladesh bank…..for micro-credits….not sure if most of their target market will have all the technology savvy ….

    Ruby was supposedly the “birth stone” of one of the colleagues of the creator of this language, a Japanese gentleman Matsumoto.
    Rails is a open source web application framework, by David Hanson
    It is only when Ruby language was used on the Rails framework for apps & also was released on Mac..when it really took off…

    Hope you liked this fun fact.

    I am from technology industry…but i think unlike the Chief electricity officer….the role of CIO is here to stay and grow….sadly IT has been anything but a swtich on / switch off button….even after 50+ years of existence…..it is still increasing in complexity and requires more and more expertise to handle it…..it is not getting easier….it is not getting standardized…..

    standards are failing to tame this beast…..sadly too many people can influence and can contribute…..unlike electricity….once water falls from a certain height and electricity is produced…it just needs to flow through the wire…..Not too many people can do anything about it…..

    anyway …just a thought….

    did the CEO of LAB give up his thinking on hiring people with coding skills….hopefully he did…..

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