Globe 100 | The Big Think

Porter: Mid-level jobs key to recovery

Massachusetts must make changes to keep a competitive edge

“The state's best strategy is to reinforce its strengths and address its competitive weaknesses. There is no silver bullet here.”

Michael Porter, Harvard Business School professor

on the Massachusetts job market

By Michael Porter

May 19, 2009

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The challenge for Massachusetts is that some of our areas of strength are being hit hard by the economic crisis. Firms that manage money have seen their assets under management go down by 20 or 30 percent; that reduces their fees. Universities have been strongly affected by their endowments being down. So some of the areas that have supported and ... (Full article: 361 words)