eCommons

DigitalCollections@ILR
ILR School
 

Global Competition's Perfect Storm: Why Business and Labor Cannot Solve their Problems Alone

Other Titles

Abstract

A perfect storm is a conjoining of forces that intensifies effects. This commentary addresses the economic perfect storm that the United States and many other developed countries face as they attempt to become globally competitive. Its forces conflate strategic change with the erosion of employment and income security as firms shed labor and old institutional arrangements, in turn degrading quality of work and family life for workers as well as the futures of retirees. We evaluate the responses of our commentators—Louis Uchitelle, J.T. Battenberg III, and Thomas Kochan—who assess the current crisis and possible solutions to it. Their responses and the supporting evidence indicate that the current misalignment among labor, management, and government and the 20ᵗʰ century institutions they maintain make any effective solution nearly impossible. That is, unless there is a renewed partnership among business, labor, and government to create 21ˢᵗ century institutions capable of achieving both global competitiveness and high quality of life and well-being for workers.

Journal / Series

Volume & Issue

Description

Sponsorship

Date Issued

2007-05

Publisher

Academy of Management

Keywords

labor; management; global competition; quality of life

Location

Effective Date

Expiration Date

Sector

Employer

Union

Union Local

NAICS

Number of Workers

Committee Chair

Committee Co-Chair

Committee Member

Degree Discipline

Degree Name

Degree Level

Related Version

Related To

Related Part

Based on Related Item

Has Other Format(s)

Part of Related Item

Related To

Related Publication(s)

Link(s) to Related Publication(s)

References

Link(s) to Reference(s)

Previously Published As

Rousseau, Denise M., & Batt, R. (2007). Global competition's perfect storm: Why business and labor cannot solve their problems alone. Academy of Management Perspectives, 21(2): 16-23.

Government Document

ISBN

ISMN

ISSN

Other Identifiers

Rights

Rights URI

Types

article

Accessibility Feature

alternative text; bookmarks; high contract display; reading order; structural navigation; tagged PDF

Accessibility Hazard

none

Accessibility Summary

Accessible pdf

Link(s) to Catalog Record