Challenge

Results for Challenge
  • Media
    Small, but fierce: How tiny firms can pack a big punch

    In an economy hostile to small business, how are the most successful small firms surviving?

    As former Small Business Administration head Karen Mills showed this year in a working paper published by Harvard Business School, bank lending to small businesses collapsed during the financial crisis and has yet to recover.

    Harvard lecturer Joseph B. Fuller sees big problems in the supply chain for labor, with employers reluctant to hire full-time and invest in training workers, and prospective workers unsure of the skills they need to succeed in today's economy.

  • Media
    Harvard prof says economy "disturbing," but not because of recession: 5 takeaways

    Michael Porter was in the Twin Cities on Monday talking about regional clusters, American stagnation, and the country's failed economic development efforts.

  • Media
    Small business owners take next step

    Carla Walker-Miller and Markeith Weldon are both graduates of the Goldman Sachs 10,000 Small Businesses program, and they join Morning Joe to discuss.

  • Media
    America's Business Elites Admit They'd Rather Hire Robots Than People

    Corporate boards lavish them with massive pay packages and politicians venerate them as "job creators." But it turns out that America's business chieftains would rather not create full-time jobs to do what needs doing if they can possibly avoid it, according to the latest annual survey from the Harvard Business School (HBS).

  • Media
    US Wealth Gap 'Unsustainable,' Wages Expected To Fall, Says New Harvard Study

    The growing U.S. wealth gap is "unsustainable" and the disparity between the rich, middle, and lower classes is likely only to increase in the near future, a new Harvard Business School study finds. Business leaders also do not expect worker compensation to increase over the next few years, according to the study.

  • Media
    HBS study warns of 'unsustainable' wealth gap, complacency in U.S.

    A Harvard Business School survey of nearly 2,000 alumni has concluded that the divide between America's wealthy and lower-income classes is "unsustainable" and likely to feed into a negative cycle of weaker performance and stagnant wages among U.S. employers.

  • Media
    If government is bad and companies are good, explain San Onofre

    The San Onofre nuclear plant on the California coast is a dark, useless hulk today because Southern California Edison, a private utility, utterly screwed up a $700-million refurbishment project. Home Depot exposed 60 million customer credit and data cards to hackers all by itself, without any government help whatsoever. (In fact, some well-aimed government regulation might have forced Home Depot and other retailers to move to hacker-resistant smart cards long ago.)

  • Media
    Business Leaders Downbeat on Workers' Prospects

    Despite an improving economy and record corporate profits, business leaders are skeptical about their ability to compete abroad and downright pessimistic about the prospect of increasing pay or improving living conditions for American workers, according to a new report from Harvard Business School.

    Co-authored by high-profile Harvard professor Michael Porter, the report also identified a "troubling divergence" in the economy, in which most businesses are thriving, as are highly skilled workers, yet middle-class and working-class employees are struggling.

  • Media
    US Wealth Gap 'Unsustainable', May Worsen: Harvard Study

    The growing income inequality in the United States between the richest Americans and the middle and lower classes is "unsustainable" and may worsen, according to a new study by Harvard University.

  • Media
    The Slow Decay of American Economic Competitiveness

    A new survey from Harvard Business School paints a worrying picture for the health of small business in America.

    While the American economy is adding jobs at a faster pace than at any point since the end of the financial crisis and is growing faster than many of its developed peers, it's still not close to full strength.

  • Media
    Top Business Leaders See Split Economy

    Top business leaders foresee U.S. competitiveness eroding but they're less pessimistic than they were and are far more bullish about the nation's corporations than its workers, according to a Harvard Business School survey.

  • Media
    Harvard Business School Alumni Temper Pessimism About the U.S.

    Harvard Business School alumni have turned less pessimistic about U.S. competitiveness and more confident in the country's ability to keep up with or pull ahead of other advanced and emerging market economies, according to a survey released today.

  • Media
    Average American doing 'very badly': Survey

    Michael Porter, Harvard Business School professor, reveals the results of a recent study on U.S. competitiveness. What's not going well is America as a place to invest and create jobs, says Porter.

  • Media
    Harvard argues America's wealth gap is 'unsustainable' and may worsen as large companies rally while workers lag further behind

    The widening gap between America's wealthiest and its middle and lower classes is 'unsustainable', but is unlikely to improve any time soon, according to a Harvard Business School study released on Monday.

  • Media
    America's Wealth Gap 'Unsustainable,' May Worsen: Harvard Study

    The widening gap between America's wealthiest and its middle and lower classes is "unsustainable", but is unlikely to improve any time soon, according to a Harvard Business School study released on Monday.

    The study, titled "An Economy Doing Half its Job", said American companies - particularly big ones - were showing some signs of recovering their competitive edge on the world stage since the financial crisis, but that workers would likely keep struggling to demand better pay and benefits.

  • Media
    About that Raise ... U.S. Execs Feeling Tight-Fisted

    A survey of Harvard Business School alumni released Monday reveals a series of trends that are widening income disparities and may be weakening the ability of the U.S. economy to grow in the long term.

  • Media
    Study Raises Red Flags for Economy

    Can the U.S. compete internationally? Its companies can. Its workers cannot.

    That is the key finding from a new survey of Harvard Business School alumni that delves into their views of the U.S. business environment to see where the nation thrives and where it falters.

  • Media
    American Public Suffers as Companies Prosper: Reports

    A new survey of Harvard Business School alumni reveals that business executives believe the United States' companies are thriving and will continue to do so while the American public suffers, the Wall Street Journal reported Monday.

  • Media
    Cavuto

    Harvard study: 41% foresee lower wages & benefits for U.S. workers.

  • Media
    Harvard Study Says Economy Is 'Doing Half Its Job.' Guess Which Half.

    Need more evidence that the U.S. economy is moving on two tracks? A new Harvard Business School study, released Monday, may confirm your fears.

    The report, "An Economy Doing Half Its Job," involved a survey of 1,947 alumni. The Harvard-educated business leaders expressed concerns about U.S. competitiveness in the global marketplace. But they were far more optimistic about the future for U.S. corporations than for that of workers, the survey showed.

  • Media
    Assessing U.S. Competitiveness

    On the heels of last week's lackluster jobs report comes a new survey of how Harvard Business School alumni assess the current U.S. business environment.

    "The survey of 1,947 business-school grads found that 31% believe companies will be better able to compete globally in the next three years, compared with 26% seeing a worse environment," reports the Wall Street Journal. But is even that level of optimism warranted?

  • Media
    Income inequality is unsustainable; Just ask Harvard Business School

    In its latest report on U.S. competitiveness, based on an alumni survey, HBS researchers observe: "Labor force participation in America peaked in 1997 and has now fallen to levels not seen in three decades. Real hourly wages have stalled even among college-educated Americans; only those with advanced degrees have seen gains."

  • Media
    Widening income gap in US 'unsustainable' but unlikely to improve

    The widening gap between America's richest and the middle and working classes is unsustainable and is unlikely to improve a survey released on Monday by the Harvard Business School has found.

  • Media
    Tax Harvard, reject the status quo and reform the welfare state

    A survey of Harvard business grads shows that they "see, on one hand, an uncompetitive K-12 education system, a poor tax code and a broken political system. On the other hand, they see high-quality capital markets, sophisticated management systems, pathbreaking universities and a vibrant environment for entrepreneurs."

  • Media
    Why Harvard Business grads think U.S. workers will be worse off

    Large U.S. businesses are posting strong profits and keeping up with the global competition, but American workers might see wages fall and full-time jobs become more scarce.

    Says who? Says a new survey of 2,000 alumni of the Harvard Business School scattered across 73 countries. Title: "An Economy Doing Half its Job."

  • Media
    How U.S. states can get small businesses growing (again)

    Massachusetts has created a model based on public-private partnerships, a promising blueprint other states should follow.

  • Media
    SBA's former chief: Small business lending hasn't recovered — and that's a big problem

    Securing a bank loan isn't as difficult for small businesses today as it was during the recession. However, it's still not as easy as it was prior to the collapse — and that appears to be holding back the broader economic recovery.

    In a nutshell, that's the takeaway from a pair of research articles recently penned by Karen Mills, the former head of the Small Business Administration and now a senior fellow at Harvard Business School and Harvard Kennedy School of Government.

  • Media
    Expensive Small Business Lenders Are Unregulated. Should They Be?

    Critics calling for regulation of alternative lenders have pointed to high borrowing costs, which often top 50 percent on an annualized basis, and lack of transparency, especially among the brokers many lenders rely on to bring in business. On the other hand, "there are some who say the marketplace is solving the problem," said Karen Mills, former head of the Small Business Administration, in a recent interview. "You have innovators and entrepreneurs coming in, and you don't want to get in the way of this too soon."

  • Media
    Former SBA Chief Raises Alarm Over a Still Tight Credit Market for Small Businesses

    Karen Mills' Harvard report on the state of small business lending paints a bleak picture, with the exception of technology.

  • Research
    The State of Small Business Lending: Credit Access during the Recovery and How Technology May Change the Game

    This working paper by Karen Mills examines the small business credit environment during the recession and in the recovery-focused years since, as well as the impact persistent lending gaps may be having on job creation as a whole. Last, Mills takes a look at the dynamic and fast growing online lending market that has ignited since the recession and how the technology and innovation those entities are driving may change how small businesses and entrepreneurs finance their growth in the future.

  • Insight
    How to Ignite the U.S. Economy (Region-by-Region)

    Our nation's competitiveness must be built on regional economies, and because there is no "one-size-fits-all" economic plan, regional leaders must base their strategies around the assets and opportunities that make them unique.

  • Media
    Corporate inversion: an expensive way to save on taxes

    American drug companies AbbVie and Mylan won't be American long if all goes as planned. Both are involved in international mergers (worth $53.6 billion and $5.3 billion, respectively) with the ultimate goal of moving their home bases abroad.

    Professor Mihir Desai comments to Mark Garrison on "Marketplace."

  • Media
    Time to Reinvent Business-Education Partnerships in America

    Business and education leaders, together, can do a better job of developing the well-educated, highly skilled employees whom companies and the country need.

    Today, business leaders support schools through efforts that are generous, well-intended, effective at alleviating the symptoms of a weak educational system, but fundamentally inadequate for helping to strengthen the system. Consequently, it's time for America's business leaders to reinvent how they partner with educators to support our students and improve our schools. That is the central message emerging from a year-long study by the faculty of Harvard Business School's U.S. Competitiveness Project, the Bill & Melinda Gates Foundation, and The Boston Consulting Group.

  • Media
    Reframing Infrastructure: It's Really Mobility

    The latest political "cliff" crisis is centered on funding for infrastructure maintenance and upgrades, specifically the Federal Highway Trust Fund. A quarter of American bridges are deemed structurally deficient, rail accidents exacerbate road congestion, mobile networks have variable coverage, and airlines are desperate for next generation air traffic control to reduce delays and fuel burn. America's elected officials must not only put politics aside and work together to invest in infrastructure, they should also modernize their frame of reference for infrastructure, with a focus on mobility.

  • Media
    Business must align with schools to close "skills gap"

    "We do not take an approach—either at the national level or state level—that creates an ease of communications between employers and educational institutions that are going to impart skills and background to potential employees," said Joe Fuller, a Harvard Business School professor and faculty member of the school's U.S. Competitiveness Project. "This is why we have 12 million to 13 million unemployed people and 650,000 job openings in manufacturing right now."

  • Media
    What Role Does Government Play in Job Creation?

    Karen Mills, senior fellow at Harvard Business School, and Matthew Ferguson, Chief Executive Officer at CareerBuilder, talk with Erik Schatzker about the U.S. job market, the roles played by government and the business community in creating jobs, and the challenges for small business to find skilled labor to fill positions needed to grow their companies. They speak on Bloomberg Television's "Market Makers."

  • Research
    The Brink of Renewal: A Business Leader's Guide to Progress in America's Schools

    Released in May 2014, this report focuses on the current state of U.S. education and why this is a unique moment of opportunity for change.

  • Media
    Three ways to reignite U.S. job creation

    Despite the strong monthly U.S. jobs report released last week, it's likely too soon to cheer the positive numbers. In recent years, the number of jobs created has been anything but choppy; for instance, in October 2012 and again in February and November 2013, the U.S. economy generated more than 200,000—enough to keep up with population growth. In December and earlier this year in January, however, that momentum lapsed when job creation dropped to less than 150,000.

    It's no wonder Americans remain anxious. In many parts of the country people don't believe they will be better off in five years than they are today. This anxiety shakes the very foundation of the American Dream.

    Karen Mills, Senior Fellow, Harvard Business School

  • Media
    Heard off the Street: Competitiveness gap may be narrowing

    The combination of higher wages in China and the U.S. energy boom is shrinking the manufacturing competitiveness gap between the world's two largest economies, according to a new study by the Boston Consulting Group.

  • Media
    Inaction in D.C. imperils state highway projects

    Nearly $5 billion of proposed road, transit, and bicycling improvements across Massachusetts are at risk because Congress has failed to act at a time when the nation's main source of highway funding verges on insolvency.

    State political leaders call a pair of approaching transportation deadlines — one to refill the highway trust fund by this summer and another to renew the national transportation program — a "looming crisis."

  • Media
    America's educational failings

    It is now well known that Thomas Piketty — the French economist and author of the 700-page bestseller "Capital in the Twenty-First Century" — argues that the free market tends to produce inequalities of wealth that become dynastic and anti-meritocratic. The solution that everyone is talking about is taxing the rich. But in reading the book, it's clear that Piketty recognizes that, "over a long period of time, the main force in favor of greater equality has been the diffusion of knowledge and skills."

  • Media
    Cities, states to lose big if highway fund disappears

    States and local governments stand to lose $46.8 billion in federal funding for transportation and transit projects next year if Congress doesn't put more money into the Highway Trust Fund and it slides into insolvency, according to a new report.

    Rosabeth Kanter, a professor and part of the Harvard Business School's U.S. Competitiveness Project, a research-led effort to understand and improve the nation's competitiveness, ... said Congress needs to pass a bill to avoid "running out of money before they get all the potholes fixed."

  • Insight
    Engaging the Business Sector for Stronger Collective Impact in Education

    Attracting the business community is a necessary strategy for sustaining a cradle to career partnership. Business engagement looks differently in every community, but can take the form of local companies providing communications support, loaned executives, support for the implementation of data-driven action, or strategic planning.

  • Media
    City Heights Nonprofit Struggles To Connect With San Diego Businesses

    It's been an uphill battle to get San Diego businesses engaged in a City Heights education initiative. In 2011, City Heights Partnership for Children was launched. The idea was to join with San Diego Unified school district and the business community to create a cradle to college to career education effort in City Heights.

    But a recent case study by the Harvard Business School's U.S. Competitiveness Project notes how the effort has struggled to connect with San Diego businesses. "On a scale of 1 to 10, I think we are at a 4 on mobilizing the business involvement," City Heights Partnership for Children Executive Director Tad Parzen said.

  • Media
    Michael Porter on GPS: Is the U.S. #1?

    An interview with professor at the Harvard Business School, and Director at the Institute for Strategy and Competitiveness, Michael Porter. Porter spoke about "The Social Progress Index", a new report that ranks countries on how well their citizens live. He discussed why the United States rank 16th.

  • Media
    CEO attacking wage-productivity gap

    Dan Cunningham is looking for five or six fellow CEOs who are committed to narrowing the gap between wages and output in their own businesses and who are willing to share best practices with others. Cunningham also wants to partner with business and community leaders who are identifying regional clusters that are poised for growth and global competitiveness.

    Cunningham, chief executive officer of the Long-Stanton Group, is fresh off a fellowship at Harvard University, where he studied with professors including Michael Porter, an expert on competitive strategy, and Larry Summers, the former U.S. treasury secretary.

  • Media
    A Playbook For Small-Business Job Creation

    As Administrator of the Small Business Administration (SBA), Karen Mills spent four years as part of President Barack Obama's senior economic team and a member of his Cabinet, specifically focused on the health and growth of America's small businesses and entrepreneurs. Now Mills has brought her experience as a policy maker—as well as 25 years of experience as an investor and small business owner—to the U.S. Competitiveness Project at Harvard Business School.

  • Media
    How Should We Tackle America's Transportation and Infrastructure Woes?

    America's infrastructure woes and how to fix them were front and center at the recent summit, America on the Move: Transportation and Infrastructure for the 21st Century, led by Rosabeth Moss Kanter.

  • Media
    Can We Get To Where We Need To Go?

    America's infrastructure woes and how to fix them were front and center at the recent summit, America on the Move: Transportation and Infrastructure for the 21st Century, led by Rosabeth Moss Kanter.

  • Media
    Private Investors Can Save Public Infrastructure

    For decades, argues Harvard Business School's Rosabeth Moss Kanter, we have paid for our neglected infrastructure in lost productivity and jobs, but the full bill is coming due.

  • Media
    Income Inequality? The Key To Fixing It Is Restoring American Competitiveness

    From the White House to New York City's new mayor, nothing is attracting more political attention these days than the idea of income inequality—that the rich are getting richer while the middle class and poor tread water, at best.

    Few people I've ever heard are as informed or as eloquent on the subject as Harvard Business School's Jan Rivkin.

  • Media
    US Lead in Science and Technology Shrinking

    The United States' predominance in science and technology eroded further during the last decade, as several Asian nations—particularly China and South Korea—rapidly increased their innovation capacities, according to the National Science Board.

  • Media
    Jobs Report: U.S. Economy Added 113,000 Jobs In January, Unemployment Down To 6.6%

    Employers added 113,000 jobs in January, well below the 185,000 economists had expected.

  • Media
    Beyond "Checkbook Philanthropy" in Education

    U.S. corporations donate an estimated $3 billion to $4 billion a year to K-12 education. A new report from HBS, BCG, and the Gates Foundation argues that's not enough. A companion piece explores a survey given to more than 1,100 superintendents nationwide.

  • Media
    Business Leaders Lack Knowledge About K-12 Education, Superintendents Say

    Most school superintendents in the United States say businesses are positively influencing their districts, but it's usually in a fragmented, "checkbook philanthropy" way, concludes a study and a white paper released February 6 by Harvard Business School, The Boston Consulting Group, and the Bill & Melinda Gates Foundation.

  • Media
    Contrary to Popular Opinion: America Doing Well (Relatively) Economically and Competitively

    Contrary to popular opinion when one looks at a variety of data sources, the United States appears to be doing well in relative terms both economically and competitively.

  • Research
    Partial Credit: How America's School Superintendents See Business as a Partner

    HBS and BCG conducted the first-ever nationwide survey of school superintendents on business' role in education and released a report summarizing the findings in February 2014.

  • Research
    Lasting Impact: A Business Leader's Playbook for Supporting America's Schools

    New research by BCG, the Gates Foundation, and HBS highlights what business can do to work with education leaders on the urgent task of transforming the nation's education system. (February 2014)

  • Media
    Harvard Professor Michael Porter On Need for Growth

    Gov. Jon Huntsman talks with Harvard Business School Professor Michael Porter about the importance of competitiveness and growth in America, and the challenge that No Labels is undertaking to help maintain America as a competitive society.

  • Media
    Why Smart Leaders Would Fix Our Infrastructure Now

    There is a strong argument that it is a wise time to make a strategic investment in U.S. infrastructure by adding to the country's debt while interest rates remain extremely low.

  • Media
    Are US Companies Risking Their Own Future By Not Investing At Home?

    As U.S. companies expanded globally in the 1970s and 1980s, they started ignoring their hometowns, hurting America and putting companies' long-term profits at risk, Jan Rivkin, professor at Harvard Business School, told a room full of business leaders. The result is that companies' profits have risen thanks to global success while American workers have struggled to keep up.

  • Insight
    Innovative Business-Educator Partnerships Critical for U.S. Competitiveness

    The Bill and Melinda Gates Foundation, The Boston Consulting Group, and Harvard Business School are collaborating on a joint research effort to understand best practices in business engagement in PK-12 education and to mobilize more business and education leaders to follow those practices.

  • Media
    Rep. Scott Peters Asks EPA Administrator About U.S. Competitiveness

    Rep. Scott Peters (D-CA) poses questions to the Honorable Gina McCarthy, Administrator of the Environmental Protection Agency, at the Full Committee hearing titled "Strengthening Transparency and Accountability within the Environmental Protection Agency."

  • Media
    Better News in New Study That Assesses U.S. Students

    Amid growing alarm over the slipping international competitiveness of American students, a report comparing math and science test scores of eighth graders in individual states to those in other countries has found that a majority outperformed the international average.

  • Media
    Seib & Wessel: Porter on Why U.S. Business Is Stalling

    In an interview with WSJ's David Wessel, Michael Porter from Harvard Business School talks about the challenges business in the U.S. is facing, including political gridlock in Washington and an ever-deepening skills shortage.

  • Media
    New Corporate Tax Shelter: A Merger Abroad

    From New York to Silicon Valley, more and more large American corporations are reducing their tax bill by buying a foreign company and effectively renouncing their United States citizenship.

  • Media
    The 5 Most Competitive Countries in the World

    The U.S. moved up on the competitiveness chart this year, but it'll take much more effort to unseat Switzerland for the top spot.

  • Media
    The U.S.'s crap infrastructure threatens the cloud

    Thanks to state-sponsored cable/phone duopolies, U.S. broadband stays slow and expensive -- and will probably impede cloud adoption

  • Media
    The Worst Economies in the World

    Almost all the 10 least competitive economies are extremely poor — six of them have a GDP per capita below $1,000. One of these economies, Burundi, has a per capita GDP of just $282. U.S. GDP per capita, by comparison, is nearly $50,000.

  • Media
    US global competitiveness rising once again

    The United States' competitiveness among global economies is rising again after four years of decline, though northern European countries continue to dominate the rankings published annually by the World Economic Forum.

  • Media
    Air Force Study Reveals Threats to US Space Activities

    No matter where you look in the air, outer space and within the depths of cyberspace, these are congested, contested and competitive environments. A recently released U.S. Air Force study scopes out a science and technology vision to deal with these concerns.

  • Media
    US Manufacturers Regain International Competitiveness

    U.S. manufacturers are re-establishing their competitiveness globally after a decade-long slide.

  • Media
    America, NSA Surveillance is Bad for Business

    The ubiquitous government surveillance harms more than just our personal privacy, and American businesses need to pay particular attention.

  • Insight
    U.S. Competitiveness: A Matter of National Security

    Dante A. Disparte, president of the Harvard Business School Alumni Club, Washington D.C., calls upon the local alumni network and the business community at large to make a difference in the nation's capital.

  • Media
    Tax reform would fuel U.S. economy

    While other countries have modernized their international tax systems, the United States remains mired in the past. The U.S. tax system isn't working for American businesses, workers or the economy as a whole.

  • Media
    Michael Porter testifies at Congressional Competitiveness Hearing

    Harvard Business School Professor Michael Porter offers insights on how to strengthen America's competitiveness before the Committee on Small Business Subcommittee on Economic Growth, Tax and Capital Access.

  • Media
    4 Ways American Businesses Keep an Edge on the Competition

    During our Roadshow tour, we've spoken with a number of companies that have expressed concern about a few key problems the middle market faces. Here's a look at their biggest concerns.

  • Media
    HBS Professors Michael E. Porter and Jan W. Rivkin to Meet with D.C. Leaders to Discuss Improving U.S. Competitiveness

    HBS Experts will meet with D.C. leaders to discuss areas of agreement around the actionable steps that can be taken to address America's structural competitiveness

  • HBR Case Series
    Making of a World Water Hub (A) and (B)-(B9), with Teaching Note

    Starting in 2007 Milwaukee leaders from different areas (large established companies, civic organizations, public sector, academia, and entrepreneurs) negotiated a path for converting the region into a global water hub to address economic and environmental concerns.

  • Media
    HBS Dean Nohria Addresses US Competitiveness Needs

    Harvard Business School Dean Nitin Nohria appeared on CNBC's "Squawk Box" to discuss what the United States needs to assure economic competitiveness on a global scale.

  • Media
    U.S. in danger of losing humanities, social sciences edge: panel

    The United States is in danger of losing its advantage in the humanities and social sciences, just as China and other rivals move toward the U.S. model of a broad education in the liberal arts, a federal panel warned in a report to be released on Wednesday.

  • Media
    George Sees `Tradeoff' in Surveillance, Security

    Harvard Business School Professor Bill George speaks on Bloomberg about NSA surveillance, the vetting of contractors for intel outsourcing, and the role the auto industry can play in renewing U.S. Competitiveness.

  • Media
    America's Competitive Nature Is at Risk

    The United States is losing its competitiveness in the world economy. Sadly, instead of leading the innovation charge in the twenty-first century, we are becoming victims of policies that restrict our entrepreneurial roots.

  • Media
    Strengthening U.S. Infrastructure: An Essential Component of Economic Competitiveness

    Rebuilding roads, bridges and points of commerce would help lower unemployment levels, improve commercial operations and strengthen the U.S. economy over the long term.

  • Media
    Workers worldwide are losing ground on wages

    Competition from China and other low-wage rivals, coupled with fallout from the 2007-'09 financial crisis, has put American wages under such unprecedented strain that they have shifted into reverse -- not merely stagnating, but falling.

  • Media
    US Back on Top in World Competitiveness Ranking

    Now that financial markets have recovered and business efficiency and profitability have revived, the U.S. has regained its dominant position, according to IMD.

  • Media
    Alarming Competitive Weakness In U.S. Capital Markets

    U.S. capital market competitiveness weakened in the first quarter of 2013, when all 20 of the largest IPOs conducted worldwide occurred outside of the U.S., extending a declining trend in market competitiveness from 2012, according to the Committee on Capital Markets Regulation.

  • Media
    New Study Shows U.S. Legal System is a Competitive Liability

    The U.S. Chamber Institute for Legal Reform suggests that civil justice reform would play an important role in increasing the global competitiveness of American businesses.

  • Media
    Toward a More Competitive US

    At an event at Harvard Business School that was three parts analysis and one part rally, participants tried to chart a new path forward for the sluggish U.S. economy — a move that may require a new definition of "competitiveness."

  • Media
    Making the United States Competitive

    Business leaders expect the nation's competitiveness to deteriorate, with companies less able to compete globally, pay workers well, or both, according to a new report released by Harvard Business School.

  • Media
    U.S. Broadband Policy and Competitiveness

    Some experts fear the United States is falling behind other developed nations in broadband adoption and performance, but others say such concerns are often exaggerated and unsupported by analysis.

  • Media
    US economy: wake-up call for Washington

    The US is becoming less competitive partly because it refuses to address mounting debt problems. Federal policymakers in Washington DC have to make some tough choices to put the nation's finances in order and improve economic prospects.

  • Media
    America's real infrastructure test

    America's public infrastructure — roads, bridges, airports, seaports, waterways and even sidewalks — is a mess. You can see it for yourself every day. It's not just a nuisance; it's bad for our economy.

  • Media
    Is The United States Ready To Take Manufacturing Back?

    The return of a few companies' manufacturing is encouraging. But the big question is: To what extent is the United States capable of taking back manufacturing on a significant scale? The challenges are great.

  • Media
    Defining a Microeconomic Strategy for Global Competitiveness

    The United States has been using fiscal and monetary solutions as a base for its economic growth policy. But these macroeconomic strategies by itself are not leading to long-term growth. If we want to create more jobs, increase per capita income and reduce poverty, we need a shift in focus towards regions as the drivers of the national economy.

  • Media
    As FCC Chairman Leaves Post, Challenges Persist in Broadband Expansion

    Current policy measures will accomplish only the bare minimum to improve U.S. competitiveness in the global information economy. According to recent FCC data, gigabit broadband connections are available in only about 40 communities across 15 states.

  • Media
    UK beats US to become fifth top tourist destination in the world

    The United Kingdom has beaten the United States to become the fifth top tourist destination in the world, according to a new report.

  • Media
    A Half Century Never Looked So Old

    The US has an international tax system that puts American companies and workers at a disadvantage as they try to compete in a new world.

  • Media
    Current fiscal policy harms U.S. competitiveness

    Political skirmishes and impasses around short-term events are distracting us from the real danger ahead: Our reckless fiscal trajectory that threatens America's competitiveness. Insights by David Walker and Robert Kaplan.

  • Media
    Study Gives High Marks to U.S. Internet

    Contradicting earlier studies, conventional wisdom and politicians' rhetoric, European researchers say that the Internet infrastructure of the United States is one of the world's best and getting better.

  • Media

    Housing prices in Silicon Valley remain defiantly high. New BMWs and Saabs cruise Highway 101. But for the first time there are signs that the current economic downturn is taking its toll on the country's cradle of technology and innovation.

  • Media
    Our Challenge in an Era of Global Competition

    For innovation, entrepreneurship, and startups, the U.S. continues to be unparalleled. But in spreading economic benefits broadly throughout the economy, we have not done well the last 30 years.

  • Media
    U.S. Losing Ground from Higher Corporate Tax Rate

    The U.S. economy will be between 1.5 and 2.6 percent smaller over the long-term because other nations' corporate tax rates are considerably more competitive, according to a new study by Ernst & Young and the RATE Coalition, a group lobbying for lower corporate tax rates.

  • Media
    Harvard Survey: Have the United States lost its edge?

    The news from Washington certainly isn't very good. Intransigence and partisan politics are really just distracting us from what's really important — our lack of competitiveness in the world. Have we lost our edge? Harvard Business School's Michael Porter, Jan Rivken and Rosabeth Moss Kanter seem to think so.

  • Media
    Harvard Survey: U.S. Competitiveness at a Crossroads

    Concerned about long-term structural issues such as the educational system, the tax code, and partisan politics, business leaders are continuing to voice pessimism about the state and direction of U.S.competitiveness, according to a new survey by the Harvard Business School (

  • Media
    Harvard poll: U.S. losing its zeal

    Business leaders are warning that the federal budget morass is one symptom of a far more troubling problem: long-term challenges to U.S. competitiveness that are sapping America's strengths, according to a Harvard Business School survey.

  • Media
    The Public Has No Idea How Much Of A Threat Emerging Markets Are To The US

    Recently, the results of the second year of Harvard Business School's survey on US competitiveness were released. This time, in addition to asking both the public and of business leaders how the economy was doing, the survey asked their opinions of specific policies.

  • Media
    Video: US Crisis Like Villain in a Horror Movie

    Jan Rivkin, professor and chair of the Strategy Unit at Harvard Business School, discusses the structural issues facing the United States and as a result, the multiple short term crises. He speaks on Bloomberg Television's "Market Makers."

  • Media
    Video: U.S. Competitiveness Project on Charlie Rose

    Michael Porter, University professor at Harvard, talks to Charlie Rose about the United States in the global economy.

  • Media
    Why the Middle Class Is Declining: Michael Porter

    The American middle class is "hollowing out" as the U.S. economy fails to compete effectively in a globalized world, Harvard economist Michael Porter told CNBC's "Closing Bell" this week.

  • Media
    What the Superdome Blackout Says About American Competitiveness

    The electrical blackout at the Super Bowl wasn't about New Orleans. It speaks more to the pressing challenge of ensuring our infrastructure is capable of enabling America to be competitive in a global economy.

  • Media
    GDP contracts, jobs outlook sours

    Weak conditions abroad and flagging U.S. competitiveness caused exports to contract $27 billion and businesses anticipating a further slowdown slashed inventories by $40 billion in the fourth quarter.

  • Media
    Erskine Bowles: National Debt Threatens U. S. Innovation

    Mounting debt obligations threaten the very foundation of US business, placing at risk our competitiveness and innovation leadership in the world.

  • Media
    The Economist: An Eight-Point Plan to Restore American Competitiveness

    Harvard Business School Professors Michael Porter and Jan Rivkin lay out policy steps for the president and Congress to follow in order to make American companies more competitive and their employees more prosperous.

  • Media
    American Competitiveness Crucial to US Economy

    In this video from the Nightly Business Report, Harvard Business School Professor Michael E. Porter says the US needs to make structural changes to restore its competitiveness.

  • Media
    Faster, Sooner: Why The U.S. Needs 'Gigabit Communities'

    FCC Chairman Julius Genachowski says making sure that the U.S. has super-fast, high-capacity, ubiquitous broadband networks is essential to economic growth, job creation, and U.S. competitiveness.

  • Media
    Balancing US competitiveness, coveted summer vacation at heart of longer school year debate

    Longer winter breaks and shorter summer vacations are ideas being tested around the country as school districts debate whether to extend the school year.

  • Media
    American Competitiveness Report--An Issue of National Security

    Our ability to compete in a global economy, attract the world's brightest workers and nurture a functional political system is slipping. This weakness is now at a point where it threatens to erode the pillars upon which America's national security rests. America's competitiveness is now a matter of national security.

  • Media
    Setting the Stage: Reviving US Competitiveness and Economic Growth

    Until recently, the debate about tax reform has focused mostly on the corporate side and mostly on the international side, but in the negotiations about the fiscal cliff, the debate has moved into a discussion about individual taxation.

  • Media
    For D.C. freshmen, a crash course in U.S. competitiveness

    Two Harvard Business School professors warn a group of incoming congressional freshmen that it would be a mistake to separate concerns about the economy from the broader and increasingly urgent problem of America's waning competitiveness in the global world of business.

  • Media
    Intel report sees U.S. losing superpower status by 2030

    A report by the National Intelligence Council predicts that the United States will lose its superpower status by 2030, but that no country -- including China -- will be a hegemonic power. Instead, the report says, power will shift to "networks and coalitions in a multipolar world."

  • Media
    Seattle competitive today; what about future?

    The Puget Sound region, for all its strengths, is only a few Chinese leaps in software, airplanes and biotechnology from becoming Akron, Ohio, with ferries, columnist Jon Talton says.

  • Media
    What Washington must do now

    America's success in restoring competitiveness will define the opportunities and economic mobility of American citizens as well as America's influence in the world, according to Harvard Business School's Michael Porter and Jan Rivkin.

  • Media
    Michael Porter on Competitiveness

    Video Harvard Business School Professor Michael E. Porter, a co-leader of the United States Competitiveness Project, suggests three simple and bipartisan actions that may help boost productivity in the US.

  • Media
    Increasing US Competitiveness: Building a New Relationship Between Business and Academia

    At Rochester Institute of Technology, working together with several corporate representatives, we have developed a template agreement in which the university agrees to a different kind of research relationship with an interested company.

  • Media
    Increasing US Competitiveness: Building a New Relationship Between Business and Academia

  • Media
    U.S. Economy Faces Challenges But Optimism Remains

    The United States faces a number of steep economic challenges to its continued economic growth, but a group of business and policy experts said they believe the Obama administration, working with Congress, can solve daunting short-term issues that threaten to derail economic recovery.

  • Media
    Competition on the Cliff

    Harvard Business School Professor Michael E. Porter on US competitiveness and the "fiscal cliff."

  • Media
    CEOs Discuss U.S. Competitiveness

    Video Samuel R. Allen, chief executive officer for Deere & Co., James Hagedorn, CEO for Scotts Miracle-Gro Co., Keith D. Nosbusch, CEO for Rockwell Automation Inc., Michael E. Porter, professor at Harvard Business School, and Edward M. Smith, CEO for Ullico, Inc., talk about U.S. productivity and economic growth outlook. They speak at the National Competitiveness Forum in Washington. Bloomberg's Al Hunt moderates.

  • Media
    Fortune: What Business Should Do to Restore US Competitiveness

    It's time for business to lead in restoring American competitiveness, rather than waiting for Washington to act, write Harvard Business School professors Michael Porter and Jan Rivkin.

  • Media
    Obama's 4 Biggest Economic Challenges

    A recent survey of Harvard Business School graduates found 58 percent expect U.S. competitiveness to worsen over the next three years. This would be a good time for Obama to prove them wrong.

  • Media
    Protecting the American Dream Should Be the President's Top Priority

    For the first time in our lives, the promise of upward mobility -- the core of the American Dream -- can no longer be taken for granted. The top priority for President Obama is to enact policies that support job growth and reduce worker anxieties.

  • Media
    Report: U.S. competitiveness in manufacturing on the wane

    The United States will slip to fifth place from third in manufacturing competitiveness in the next five years as India and Brazil race ahead, according to a report published Friday.

  • Media
    Harvard on Detroit: It's a long road to recovery, but our "Vacancy" sign is clear to all

    Wanna be a rock star? Come to Detroit. That's one takeaway a group of Harvard Business School professors had Thursday night during a presentation on their year-long project on U.S. competitiveness.

  • Media
    Many U.S. shippers face limited rail choices

    Shippers say the limited choices many face give railroads too much power, which allows them to dictate price increases or arbitrarily impose extra fees, such as for diesel fuel to power their locomotives.

  • Media
    Many U.S. shippers face limited rail choices

    Shippers say the limited choices many face give railroads too much power, which allows them to dictate price increases or arbitrarily impose extra fees, such as for diesel fuel to power their locomotives.

  • Media
    How the United States Can Maintain Its Global Edge

    Over the next four years, U.S. President Barack Obama has an opportunity to help the U.S. remain competitive in a rapidly globalizing, recalibrating world.

  • Media
    U.S. businesses seek a more competitive economy

    Next week, a coalition of business leaders will press a longer-term to-do list on Washington's politicians. Its 200 items include cutting corporate taxes, streamlining regulations, upgrading the nation's crumbling infrastructure and creating a more highly skilled workforce.

  • Media
    To Lead Change as an Incumbent, Obama Needs New Allies

    In an open letter to President Obama, Rosabeth Moss Kanter advises, "You have been reelected at a time when no one is satisfied with the status quo. You must show that your are serious about solving problems by a willingness to act quickly on a big, national campaign to get action throughout the country."

  • Media
    The Risks of Reviving a Revived Economy

    History shows that four to five years after a financial crisis is usually when a country either moves slowly but surely into a sustained recovery or lapses back into recession.

  • Media
    A New U.S. War: Restoring Our Competitiveness

    If the United States economy is to restore itself to earlier levels of full employment, prosperity and financial soundness, the American manufacturing community must engage in a national effort to resurrect its global competitiveness.

  • Media
    A New U.S. War: Restoring Our Competitiveness

    If the United States economy is to restore itself to earlier levels of full employment, prosperity and financial soundness, the American manufacturing community must engage in a national effort to resurrect its global competitiveness.

  • Media
    WSJ: Executives Lack Confidence in U.S. Competitiveness - Survey

    Executives from around the world are profoundly pessimistic about the ability of companies operating in the U.S. to compete in the global economy and to pay high wages to American workers, a survey of more than 6,800 Harvard Business School alumni found.

  • Insight
    The U.S. Competitiveness Project—View From The Field

    Harvard Business School alumna Chitra Nawbatt provides a "view from the field" as the School continues its U.S. Competitiveness Project.

  • Media
    National leaders meet to discuss manufacturing innovation

    A group of national leaders seeking to make the United States more globally competitive chose Lehigh University for their venue this week when they met to discuss manufacturing and innovation. The event was sponsored by the Washington D.C.-based Council on Competitiveness, the Allentown, Pa.-based company Air Products, and Lehigh.

  • Media
    Common ground key to building businesses

    Harvard Business School's U.S. Competitiveness Project aims to engage local leaders, find paths to prosperity

  • Media
    Sharpening America's Competitive Edge

    Harvard Business School Dean Nitin Nohria and Professor Michael Porter discuss America's declining competitiveness and possible solutions. Their appearance begins at about the 1:20 mark.

  • Media
    Jeff Immelt gives positive assessment of U.S. economy

    The chairman and CEO of General Electric outlined five areas where he believes the United States needs improvement: the number of math and science majors should double, the manufacturing sector should increase, globalization has to be accepted, energy independence is necessary, and the value placed on training and education should be greater.

  • Media
    Video: Forum on American Competitiveness

    Speakers at the forum included former Secretary of State Madeleine Albright; Harvard Business School Professor Michael Porter; and Aspen Institute CEO Walter Isaacson. Former presidential advisor David Gergen moderated the event.

  • Media
    Harvard's 'wise men' tell Silicon Valley: Our country is losing its competitiveness

    Three Harvard Business School professors made a stop in Silicon Valley to warn that the economic competitiveness of the United States is lagging. Their message was laced with hopes that entrepreneurship will save the country, but the facts they carried with them would depress members of any political party.

  • Media
    Deloitte : US Must Transcend Political Gridlock to Address America's Unemployment

    Job creation in the United States is hampered by supply and demand, but not in a traditional sense, according to new research from Deloitte. Specifically, the demand for highly skilled and adaptable workers is accelerating, but the skill set of the country's available talent is either outdated or out of stock, Deloitte reports.

  • Media
    Survey finds US competitive ranking down again

    The United States' ability to compete on the global stage has fallen for the fourth year running as confidence in the country's politicians continues to decline, an annual survey from the World Economic Forum found Wednesday.

  • Media
    A New Look at U.S. Economic Competitiveness

    Michael Porter and his colleagues at Harvard Business School have taken a new look at national competitiveness, one that raises deep questions about our economy, our businesses, and our politics.

  • Media
    Obesity weighs down U.S. competitiveness

    Business groups complain that taxes, regulations and unfair trade practices hurt their international competitiveness. Now, we can add the weight of the American workforce to that list.

  • Media
    US lags behind in broadband access

    The US is still lagging behind other developed nations in levels of broadband internet availability. Nineteen million Americans still lack broadband access, according to the Eight Broadband Progress Report, issued by the Federal Communications Commission.

  • Media
    Transportation choke points could threaten global competitiveness of U.S. soybeans

    The United Soybean Board reports that transportation reliability and efficiency will be taxed as soybean production and global demand rises, threatening the agricultural product's ability to remain competitive on a worldwide scale.

  • Media
    Can America Compete? Strategies for Economic Revival

    Does the United States face insoluble economic challenges? In the aftermath of the 2008 financial crisis and subsequent recession, growth has been sluggish--with unemployment devastating far too many Americans. Yet the real problem, obscured by this acute, cyclical downturn, may be a long-term erosion of competitiveness in a more challenging global economic era.

  • Forum
    America's Prosperity Depends on Outwitting Our Broken Political System

    Nearly every member of Congress has blocked steps that would help their constituents prosper. The answer? Sol Erdman and Lawrence Susskind discuss advocacy plans for the Center for Collaborative Democracy.

  • Media
    Crowd Sourced Innovation and competitiveness: How to encourage the next great U.S. inventions

    Few doubt that to grow, the nation must innovate -- but how? We invite readers to post their specific ideas for accelerating development of the products, technologies and ideas we need to compete in global markets.

  • Media
    We're number ... 24? How the U.S. stacks up

    As the United States celebrates its independence, where does it stand in the world? The glut of global rankings generated by think tanks, nonprofit groups and global agencies gives a jumbled picture of how the U.S. stacks up on everything from happiness to health spending.

  • Media
    New York, London and Tokyo most competitive cities in the world: CASS

    Among cities, New York, London and Tokyo are some of the strongest competitors in the world. Even so, their dominance is being threatened by the ongoing economic crisis, a top Chinese think tank said in a report.

  • Media
    Harvard's prescription for a broken American political system

    Is there any hope for America's political process? Not much, was the answer from the group of Harvard Business School faculty gathered in Washington D.C.'s Newseum last week.

  • Media
    Harvard Business School to Convene More Than 400 Leaders in Washington to Discuss the Business and Politics of Improving U.S. Competitiveness

    Leaders from the U.S. Senate, Small Business Administration, media, business and labor will join HBS in an interactive discussion about areas of agreement around the actionable steps that can be taken to address America's structural competitiveness challenges

  • Media
    Can the U.S. Revitalize its Infrastructure?

    Pushing the limits of an aging infrastructure, U.S. manufacturers face a future of increasing costs and instability unless new technologies and new investments can rejuvinate the system.

  • Media
    Pew survey finds China seen as top economic power

    For the first time, people responding to a global survey are more likely to view China and not the United States as the world's leading economic power.

  • Media
    America has more competitive advantages than we may think.

    U.S. competitiveness was ranked second for 2011 for by the IMD, behind Hong Kong. The bad news is that it was first in 2010 and most years before, but it's worth contemplating the advantages that a group of international business executives and analysts still can find in the U.S. economy.

  • Media
    Morning Joe: Fundamental Changes Required to Boost US Competitiveness

    Professor Michael Porter joins a roundtable discussion on a potential Romney administration, Wall Street regulations, and the fundamental issues facing the US as a worldwide economic competitor. The 7-minute conversation on competitiveness begins at about the 8:40 mark of the video.

  • Media
    America is losing the cybersecurity war; China hacked every major US company .

    Four top government cybersecurity officials say America is getting attacked by nation state hackers and is vulnerable to much more.

  • Insight
    U.S. Competitiveness Project—A Need for Systems Thinking

    The current state of U.S. competitiveness is not the problem, but rather, a symptom of a larger systemic one, says Andrew McKeon, founder of business-climate.com. Fixing U.S. competitiveness will require a systems perspective much broader and more holistic than American management has practiced in the last 40 years.

  • Media
    How Can the U.S. Stay Competitive? Professor Jan Rivkin and Others at HBS Explore Problems and Potential Solutions

  • Media
    What Business Would Do to Restore U.S. Competitiveness

    CEOs are waking up to the idea that companies have a role to play in addressing weaknesses in the business environment — in the United States or elsewhere — and that business needs to invest in the "commons" to prosper, not just pursue its narrow self-interest. By Harvard Business School's Michael Porter and Jan Rivkin.

  • Media
    U.S. Competitiveness: What American Business Can and Should Do (In Its Own Interests)

    The Harvard Business School's U.S. Competitiveness Project is challenging beliefs that have become deeply ingrained among many U.S. business leaders as the global economy has expanded and growth has accelerated in emerging markets.

  • Media
    Why Companies Are Leaving the United States, and How to Get Them Back

    Why are big companies not investing more in the United States? Findings from Harvard Business School's U.S. Competitiveness Project were discussed at a fascinating meeting of business leaders in New York Monday evening.

  • Media
    HBS Urges Business to Take Lead in Reviving US Competitiveness

    At an HBS-hosted event devoted to action, not academics, more than 600 New York City business and civic leaders gathered at Lincoln Center Monday evening to explore causes and business-led solutions to the nation's decline in global competitiveness.

  • Media
    Harvard Alumni Urged to Help the U.S. Compete

    When a business school solicits alumni, it's usually to ask for donations. Last night, though, the school hit them up for something they may find harder to give: a commitment to use whatever influence they have to get their companies to invest in the local workforce, raise U.S. median wages, and support local suppliers.

  • Media
    U.S. Competitiveness Report Cites Business Fears

    Harvard Business School professors Michael Porter and Jan Rivkin released a new report (PDF) where business community respondents suggest the root of U.S. competitiveness problems may lie in the country's tax code, political system, K-12 education, macroeconomic policies, legal framework, regulations, infrastructure, and workforce skills.

  • Research
    The Looming Challenge to U.S. Competitiveness

    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.

  • Research
    Macroeconomic Policy and U.S. Competitiveness

    Across the political spectrum, there is consensus that the United States faces challenges to its competitiveness. Current U.S. fiscal policy is, unfortunately, part of the problem rather than the solution, according to Professors Richard H.K. Vietor and Matthew C. Weinzierl.

  • Research
    Choosing the United States

    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.

  • Research
    A Jobs Compact for America's Future

    It’s generally understood that the United States can’t be competitive—and won’t be able to support high, and rising, living standards—without a well trained, well paid, and continuously improving workforce that can compete with the best that other countries have to offer. Yet, at all levels of the economy, we behave as if we don’t believe this, opines Thomas A. Kochan.