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Developing Human Capital

A policy paper released by The McGraw-Hill Research Foundation, “Developing Human Capital:  Meeting the Growing Global Need for a Skilled and Educated Workforce” by Janet Bray, Ron Painter and Mitch Rosin contend there has traditionally been a disconnect between the business people who create jobs and the education professionals who provide high school students and others with the knowledge and skills they need to be successful as employees.

For the most part, business professionals and educators live and operate in two very different worlds. They speak different languages (e.g., the Department of Labor speaks of “Industries” while the Department of Education talks about “Career Clusters”). They have different criteria for success and are held to different standards of accountability. Educators are graded on how well their students perform on tests, not on how well they perform later in life.  Business people are evaluated on how innovative and successful they are in running their enterprises, including creating and marketing their products and services; expanding their markets; how well their workforce performs; and showing a profit.

To read more, download the full white paper at http://bit.ly/Developing_Human_Capital