In Wharton management professor Peter Cappelli's most recent book - Why Good People Can't Get Jobs: The Skills Gap and What Companies Can Do About It - he debunks the oft-repeated argument from employers that applicants don't have the skills needed for today's jobs. Instead, he puts much of the blame on companies themselves, including their lack of information about hiring and training costs, and on computerized applicant tracking systems that can make it harder, not easier, to find qualified job candidates.
The Indonesian economy has surged forward to its highest level in years. While growth is expected to be 6.1 percent in 2012, on June 7 the Jakarta Globe reported the government reckons it to be 7.2 percent next year. (World Bank estimates previously had suggested 6.4% growth in GDP in 2013.)
Is Wal-Mart's alleged bribery in Mexico an anomaly, or is it more typical of multinational behavior than many corporate executives would like to admit? Is the practice of bribing public officials ever justifiable from an economic or ethical point of view? And apart from collapsing share prices and shareholder lawsuits, what are some of the other possible consequences of bribing foreign officials?