Some of Chile's best opportunities to boost productivity may lie in maximizing the talents and skills of its existing workers.
The country has increased healthcare spending, but the benefits of this initiative have been felt unevenly among its citizens.
An expert on China's economy says the country is seeing an upside to slowing down -- and creating opportunities for a market economy that never existed before.
Only 6% of Chinese employees are engaged in their jobs. Raising that rate -- one of the world's lowest -- would boost productivity and workers' quality of life.
The economic crisis has sharply highlighted the need for better leadership in businesses globally. That need is even more urgent in Asia, which seems poised for an economic revival.
After Gallup opened its first offices in China about 20 years ago, we decided to conduct a nationally representative survey of the Chinese population covering a wide range of issues. One of the questions asked respondents to choose one of six statements that best described their attitude toward life, with the options ranging from a capitalistic attitude to a socialistic attitude. The item representing a capitalistic viewpoint was the simple statement, "To work hard and get rich."
China will become the global economic leader sometime in the coming years, many economists say. But the country faces serious employee-management challenges on its road to dominance.
The U.S. has no shortage of great ideas and innovations. What the country needs now are highly motivated entrepreneurs who can turn those ideas into great businesses, says Gallup's chairman.
If current trends continue, China's GDP will surpass the United States' in the coming decades. "When and if that happens, America loses," says Gallup's chairman. "China may dominate the world."
If America doubled its number of engaged customers worldwide, it would more than triple exports. This would create much-needed good jobs and put the country's economy on solid footing, says Gallup's chairman.