Skip to main content

How Can We Remain Competitive without the Most Competitive Human Capital?

This ABC News video gives us a wake-up call that this nation needs to improve education to stay competitive. According to the results of an international test, U.S. kids are ranked the No. 30 in Math, No. 20 in Science, and No. 17 in Reading. Shanghai is not the cultural capital of China, but kids in Shanghai have the highest performance among all categories. What does this mean to the U.S. economy? According to a research by Stanford, if U.S. can raise the performance in the international test by 5%, such improvement in human capital will translate into 41 trillion dollars in the U.S. economy over the next 20 years.

As compared to those in the U.S., kids in China spend 41 more days a year in school and receive 30% more hours of instructions. In Finland, all elementary school teachers have at least a master’s degree. Kids in Finland have already learned three languages by the 7th Grade. They started taking Physics and Chemistry in middle schools.

I spent my adolescent in one of the most prestigious and most competitive schools in South China. I started learning English when I was in 5th Grade, and I had Physics and Chemistry when I was in junior high school. The competition was so tough that everyone in the school was striving to get a perfect score for every exam because getting an A will not make a student stand out. Graduate schools in America, however, allow me to become an independent and innovative thinker. Probably because of the innovative spirit and academic freedom, universities in the U.S. attract many top talents from all around the world.

Certainly, these international talents contribute to the success of this nation. Without the best talent pool in the nation, I wonder if the U.S. will sustain a leading position in global competitions. If students process insufficient math, science, and reading skills, they might struggle in college. Later, when they graduate from colleges but do not have a solid education, will they be able to think independently, come up with innovative ideas and concepts, and compete with other talents around the world? How can Corporate America remain competitive by retaining the training the most competitive human capital?

Interested to read more a relevant report about my experience as a college student in China and a graduate student in the U.S., you may visit http://bit.ly/dvsIHP for more discussion.

Comments

Popular posts from this blog

Luxury vs. Millennials and Their Technology: The Ritz-Carlton (By Julia Shorr)

Embodying the finest luxury experience, The Ritz-Carlton Hotel Company, LLC has been established since 1983. In 1998, Marriott International purchased the brand offering it more opportunity for growth while being independently owned and operated. They are known for their enhanced service level as the motto states, “Ladies and Gentlemen serving Ladies and Gentlemen”. The luxury brand now carries 97 hotels and resorts internationally and is attempting to keep the aspects of luxury while keeping up with the trends of the technologically improving generations. The Varying Demographics of the Target Market The Ritz-Carlton’s typical target market includes: business executives, corporate, leisure travelers, typically middle-aged persons and elders, and families from the upper and upper-middle class section of society .   This infers a large range of types of travelers in which all are similar in that they are not opposed to spending extra for the luxurious ambiance. However, w...

In what ways will AI affect restaurant operations?

A new wave of industrial revolution is here --- AI (artificial intelligence) will change everything we do. Undoubtedly, AI can improve restaurant operations.     Menu Engineering and Quality Control    AI can provide insights into a restaurant’s menu offerings and pricing strategies based on consumer data and market trends. Restaurant owners can adjust the recipes/menu and price accordingly.     AI can help restaurants monitor food temperature, cleanliness, and safety procedures, ensuring they comply with health and safety regulations. For example, AI can remind a sushi chef to replace a sushi plate that has been “sitting” on the conveyor belt for too long with a more popular item.     Consumer Experience   AI can help restaurants create location-based, personalized marketing campaigns to reach specific and targeted customers at the right time. Then, AI-empowered chatbots, reservation, and table management systems can help restaurants an...

Is It OK for Hotel Staff to Wear Piercings and Tattoos?

Time has changed. I see more and more college students wearing piercings and tattoos nowadays, but is it OK for hotel staff to wear piercings and tattoos? The answer is “no, no, no.” According a report at USAToday.com, customers across the board do not want to see any hotel workers with pierced eyebrow, pierced tongue, tattooed arm, or nose ring. Some may argue that tattooed and pierced workers may seem more acceptable in edgy boutique hotels as compared to the big franchised hotels, but the survey results did not find any differences among a variety of lodging products. Many respondents believe people who wear visible tattoos and piercings are taking a high risk of their professional lives. If you stay in a hotel, do you mind being served by tattooed and/or pierced staff? What if you are the one who makes the hiring decision? References: USAToday.com: http://tinyurl.com/linchikwok08042010 Picture was downloaded from http://tinyurl.com/linchikwok08042010P