Growth up the Ladder

Indians seems to be on the top these days. In last one year we have had Indians taking the responsibility of leading worlds top organizations. Recently Adobe announced that, Narayanan, will be CEO for global operations, Citigroup has named Vikram Pandit as Global CEO, Indra Nooyi, Pepsi Co & Ramani Ayer, Hartford.

Time has finally come when Indians are no more doing the backend work but also taking the top positions. But one thing i find common in most of these is "Global Degree".

Now does that by any chance mean that though Indians are getting recognition - Indian Education is still not accepted across the boundaries, and to some extent rightfully. Does that mean that a Global Degree is a pre requisite for "Quick" growth on the ladder. Is it time that Indian Education System stands up and delivers and proves its worth or....Is it time for all the "wishful" CEOs to pack their bags and get a foreign degree??