YES
Arunesh,
By reading your interesting response, I have a feeling that we are treading on similar thoughts, but with varied expressions. In your examples,, you have mentioned that the candidate A "with some mentoring" will become a better option. We are discussing the main criterion for the hiring, where the job profile should mention the expectations from the candidate. Organizations have the option of making the requirement as "Must have" or "Desirable", depending upon their situation, time and resources available for mentoring the candidate. To give an example from my own experience, I had once come across a candidate who was a 'trained' BB, and was very promising with respect to the subject knowledge and other aptitudes, but did not possess the experience of having formally run a six sigma project. As you pointed out, this candidate did stand out compared to some others who were 'certified' BBs with proof of project completion. Since we felt that this candidate had the potential to lead and complete a project , we deliberated and took a decision to hire him provisionally with a condition that he has to demonstrate his project leadership capability within a few months time only after which we will give him a confirmed order. The candidate too was very confident and took up this offer and soon proved himself. These are exceptional situations and could not justify to alter the original hiring criteria. Thus we need to have the criterion very clear and firm, and that doesn't prevent us from taking exceptional decisions with appropriate deliberations and calculated risk.
I am concluding my debate with these words, but willing to discuss individually with anyone on more experiences on both sides.
Best wishes!!