01 July, 2009

Restoring American Competitiveness

Harvard Business Review, July-August 2009, with Willy Shih (reprint R0907S)

As the United States strives to recover from the current economic crisis, it’s going to discover an unpleasant fact: The competitiveness problem of the 1980s and early 1990s didn’t really go away. It was just hidden during the bubble years behind a mirage of prosperity, and all the while the country’s industrial base continued to erode.