America’s labor market has entered a “new normal” phrase. Although the unemployment rate has declined after the Great Recession, underemployment remains a major problem and the percentage of workers stuck in part-time jobs is well above historical norms. Yet, at the same time, employers are posting a record number of positions. Professor Joseph Fuller suggests that resolving this paradox will require education institutions and employers to adopt a new approach to skills training.
Professor Michael E. Porter and Professor Jan W. Rivkin discuss the findings of Harvard Business School’s 2015 Alumni Survey on U.S. Competitiveness,
The Challenge of Shared Prosperity. Alumni are optmistic about the ability of U.S. firms to compete globally, but they doubt that firms will be able to lift the living standards of the average American.
In June 2015, nearly 75 experienced leaders from across business, government, labor, academia, and media gathered at Harvard Business School to discuss a topic of increasing concern in America: How can our nation continue to remain competitive while also providing a path to prosperity for more citizens? This report highlights the group’s deliberations and summarizes the HBS research that was presented during the convening.
Michael E. Porter and Jan W. Rivkin discuss the findings of Harvard Business School’s 2013–14 Alumni Survey on U.S. Competitiveness. Their report, "An Economy Doing Half Its Job," focuses on a troubling divergence in the American economy: large and midsize firms have rallied strongly from the Great Recession, and highly skilled individuals are prospering, while middle- and working-class citizens are struggling, as are small businesses.
Superintendents find new, deeper ways to work with business beyond a financial gift.
The U.S. Chamber of Commerce Foundation recommends a new demand-driven approach—talent pipeline management—to close the skills gap. Extending lessons learned from innovations in supply chain management, this paper calls for employers to play a new and expanded leadership role as “end-customers” of education and workforce partnerships.
The market for middle-skills jobs—those that require more education and training than a high school diploma but less than a four-year college degree—is consistently failing to clear. That failure is inflicting a grievous cost on the competitiveness of American firms and on the standard of living of American workers. How can business lead the charge to close the gap?
How can business leaders best partner with educators to transform America's schools?
This report focuses on the current state of U.S. PK-12 education. It highlights the converging trends that make this a special, promising moment in education reform.
This booklet provides a practical approach for business leaders seeking to understand the complex issues involved in transforming PK-12 education.
This report presents the findings of the first-ever national survey of school superintendents on U.S. competitiveness and the role of business in improving education outcomes in the U.S., including specific actions that business leaders can take to support transformative change.
Policy steps for the president and Congress to follow in order to make American companies more competitive and their employees more prosperous.
Business leaders should not simply accept the business environment as a given, set by government. They can—and should—enhance the commons in ways that boost their own long-run profits.
Some of the world’s most original thinkers explain the competitiveness challenge America faces and point the way forward.
Over the last four decades companies have dispersed more and more of their activities across the globe. Data and analysis from Michael E. Porter and Jan W. Rivkin suggest that the U.S. is losing out on location decisions at an alarming rate, even for high value adding activities such as R&D that it should be able to attract.
Professors Robin Greenwood and David Scharfstein make recommendations in three important domains in which the U.S. financial system has underperformed: financial stability, housing finance, and investment costs.
Professors Michael E. Porter and Jan W. Rivkin frame the HBS project on U.S. competitiveness by defining "competitiveness," assessing the state of U.S. competitiveness, and pinpointing dynamics that threaten America's competitiveness.