Competitiveness Is Defined As The Ability Of Companies To Compete While Maintaining Or Improving The Average Standard Of Living. If You Are Cutting Wages To Become More Competitive, That's Not Really More Competitive. It's Raising The Skill And The Efficiency Of Those Workers So That They Can Support And Sustain That Higher Wage.

-Michael Porter

Please Wait....
Translating....

Competitiveness Is Defined As The Ability Of

Michael Porter

Competitiveness Is Defined As The Ability Of Companies To Compete While Maintaining Or Improving The Average Standard Of Living. If You Are Cutting Wages To Become More Competitive, That's Not Really More Competitive. It's Raising The Skill And The Efficiency Of Those Workers So That They Can Support And Sustain That Higher Wage.

Topic

Cutting

Average

Skills

The Economic Distress Of America's Inner Cities May Be The Most Pressing Issue Facing The Nation. The Lack Of Businesses And Jobs In Disadvantaged Urban Areas Fuels Not Only A Crushing Cycle Of Poverty But Also Crippling Social Problems Such As Drug Abuse And Crime… A Sustainable Economic Base Can Be Created In The Inner City, But Only As It Has Been Created Elsewhere: Through Private, For-profit Initiatives And Investment Based On Economic Self-interest And Genuine Competitive Advantage.

Crush

Jobs

Cities