Indianapolis, Indiana and the U.S. are not alone in needing to improve their skills-training systems. Recent reports out of Asia’s fastest-growing nations suggest the same concerns there. As The Economist reported in August 2007, “Recent growth in many parts of Asia has been so great that it has rapidly transformed the type of skills needed by businesses. Schools and universities have been unable to keep up.”9 The magazine noted that finding qualified staff was the No. 1 concern expressed by 600 executives of companies in China, and also was a top concern in India and Japan. For a variety of reasons (India’s caste system, China’s sex bias, Japan’s stagnant population) the skills-training issue is, in many ways, worse in Asia than in the U.S. despite the fact that those nations hold more than half of the world’s population. |
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