William Kerr of Harvard Business School has authored a forthcoming book about global talent that will pay particular focus on the problem of immigration when it comes to the U.S.’s economic and labor force futures. There’s a worldwide competition for business, STEM, educational, and other talent, and America is at risk of falling behind. In some real ways, U.S. Could it be permanent? William Kerr, a Harvard Business School professor, has written a reserve discovering the worldwide competition for the best and brightest – where we’ve been, where we are, and where we may be going. Kerr, who gained his Ph.D.
MIT in 2005 and began teaching at HBS that 12 months, works with companies and government authorities worldwide on being able to access and leveraging global talent. For nearly 20 years he has studied how the migration of talented individuals has transformed the U.S. Now, using the Gift of Global Talent: How Migration Shapes Business, Economy & Society, he explores the way the U.S. – especially China and India – rapidly capture up. The future, Kerr says, is uncertain. “It’s amazing how little we realize about this sensation of talent migration, even though it’s one of the most important things shaping our economy right now,” Kerr tells Poets&Quants.
The Gift of Global Talent doesn’t stop there, going further to examine the leadership choice the U.S. “There are two points that are obvious but very important here. One is around the U.S. immigration allowed it to essentially concentrate in a hyper-way on research and anatomist and tech skill through the H-1B visa program and other programs that put employers in charge. And I discuss universities and how also, both at undergrad but especially at graduate levels, the U.S.
This includes the faculty that are in the classrooms as well as the rising stocks of students that are coming from overseas for Ph.D.s, MBAs, other graduate levels, and undergrads increasingly. Talent migration to the U.S. Kerr notes in his reserve. “Once we talk about all these great growth things that global talent brings, let’s take a look at a few of the discontent in Silicon Valley also, let’s look at regional disparities and exactly how it has impacted voting behavior,” he says. He writes about “superstar firms” like Facebook and Goldman Sachs and McKinsey and Company which may be uniquely suitable for employ global skill and that have a massive effect on society, but that represents a stark picture of inequality also.
His book concludes with a section on how the U.S. “needs to move forward,” with tech companies playing a significant role. “We’ve this enormous present that has been given to us and given to us despite our immigration policy rather than because of it often. The U.S. has never been ‘user-friendly’ to talent.
So I propose some reforms to the H-1B system and just how we give work visas to students and more, and I talk about how the elected president should tone down the rhetoric toward migration at all levels. “The tech industry has been an enormous beneficiary of talent migration, yet Middle America doesn’t see it in a similar way that the industry does, so they have to help convey easier to the world the huge benefits.
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“A fair chunk, depending on the program,” he says. Hoping for improvement in the seemingly stalled U.S. Kerr recalls that change in the H-1B system appeared imminent – in 2007. “Whatever we start doing on these fronts is likely to be performed out over an extended time frame,” he says. “Whatever we begin doing, if we begin carrying it out, I’m worried about how we’re heading to understand if we make progress. I’d love if, four years from now, the book is outdated because we actually did something.
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