Maryellen Kelley

Recent Articles

The New Industrial Culture: Journeys Toward Collaboration

The competitiveness of the U.S. economy depends on changes inside firms, particularly their willingness to take risks in reshaping four key relationships. Competitiveness, it turns out, depends on new kinds of collaboration.

For both private and government leaders, how to promote American productivity growth in an interdependent global system is the central economic challenge of the 1990s. The decade just passed saw disappointingly slow gains in U.S. productivity low levels of profit, investment, and economic growth, and consequent stagnation in average wages. Companies based in the United States often found themselves unable to match Japanese, German, Italian, and Scandinavian competitors in their ability to put new technologies in practice, to bring new products to market, or to upgrade their work force. Can America -- and American business -- do better in the 1990s? High public deficits and low private savings have figured prominently in the standard explanations of slow growth. Those who look beneath the macroeconomic level at institutional and structural causes have mainly stressed reform of education and other measures to improve human capital. We have no quarrel with educational reform, as long as...