Which is more important experience or qualification?

A number of friends are having a debate over the different emphasis that employers should place on qualifications and experience when looking for top talent employees.

Some place greater emphasis on a paper qualification such as an MBA and Degree and suggest that they prove capability and a level of knowledge to do a job. This group acknowledges the importance of experience but would automatically disqualify a job applicant without a qualification.

Those that support experience suggest that paper qualifications, whilst necessary, don’t demonstrate essential entrepreneurial skills such as imagination and drive. These can only be demonstrated by “past success in previous positions” and “related experience”. In addition, they point out, a twenty-year old degree is of little value in the current workplace!

The questions I have are these:

  • When would it be appropriate or sensible to hire a person without a qualification?
  • At what point do qualifications become less relevant than experience?

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