The need for a global corps of managers and leaders
The Acumen Fund blog links to an article by James Surowiecki (of ‘The Wisdom of the Crowd‘ fame) in the New Yorker. The article talks about the dichotomy India is facing; a massive skills shortage at the same time it is one of the top producers of skilled workers in the world.
The bigger question people have been trying to answer for decades is
How can developing countries prosper when so many needs are fighting for scarce resources? Where do we start? Widespread unemployment at a time when industries can’t find talent, environmental degradation, public health & sanitation, illiteracy, malnutrition, gender and social discrimination, overburdened public infrastructure, energy scarcity, the list seems endless and problems unsurmountable. But all is not lost… there are some glimmers of hope: vibrant democracy, entrepreneurial acumen, progressive judiciary, developed financial institutions, burgeoning middle class, commendable savings rate