Global Business Coalition for Education’s Post

🚀 Did you know that a small investment in #Education yields huge outcomes for employers? Quality education equips people with the skills for a talented workforce, fuels innovation and boosts the economy. But it's not just good for businesses... It can also tackle poverty, reduce inequality and improve living standards for all. Businesses need to make smart, strategic investments in education to help build a better world. Unsure where to start? Get in touch today.

Investing in education is crucial because it empowers individuals, drives economic growth, reduces inequality, promotes social stability, improves health, addresses global challenges, cultivates critical thinking, and fosters a culture of lifelong learning. It yields diverse benefits for individuals, societies, and the global community. #education #investment

Understanding the relationship between human capital and economic recovery is crucial for policymakers, with investment in education highlighted as a pivotal tool in revitalizing regions affected by deindustrialization.

Unlocking Economic Growth: Building Thriving Communities Through Knowledge As a citizen and educator I have been fascinated about economic growth and how we have the power to create change. Have you ever considered how your personal growth directly impacts economic development? Education isn't just for individuals—it's a cornerstone for creating flourishing communities! As we invest in ourselves, gaining knowledge and expanding our expertise, we're actually fueling the engine of economic expansion. Think of it as compound interest for community prosperity: the more we learn, the richer our neighborhoods, cities, and nations become. Education and skill development aren’t optional—they are the bedrock upon which vibrant economies are built. Well-educated individuals are equipped to innovate, solve complex problems, and generate the wealth that underpins thriving societies. No matter the education: Self-Education, CBE, Certificates, Certifications, Associate Degree, Bachelor Degree, Master Degree or PHD! It doesn't stop there. With robust education systems, we empower the next generation to excel, further amplifying growth and propelling us towards a stronger, more resilient economy. We must embrace each other's gift and contribute to this growth. What skills & knowledge are you learning to pave the way for economic expansion in your community? #EconomicGrowth #CommunityDevelopment #EducationIsKey #KnowledgeIsPower #SustainableEconomies #InvestInEducation #InnovationLeads Educate, innovate, and watch our communities thrive—because when we grow, so does the world around us.

I believe that the current direction of government programs, particularly those aimed at youth empowerment, needs a significant course correction. We're inadvertently fostering an economy of subsistence entrepreneurship, where individuals are encouraged to set up small-scale ventures like market stalls, car washes, and street food businesses. While these ventures can provide immediate income, they lack the potential for substantial long-term economic impact. We need to shift our focus towards high-value, sustainable industries. To achieve this, we must restructure our capital markets to incentivize investment in sectors that drive innovation, technology, and advanced manufacturing. By doing so, we can attract foreign direct investment from serious players who bring capital, expertise, and job opportunities. It's time to move away from a reliance on quick fixes and short-term solutions. We need to prioritize long-term economic growth and development. By investing in education, skills development, and infrastructure, we can create a robust economy that benefits all citizens.

Our latest report examines the evolving #highereducation landscape in the #US and emerging #investment opportunities. Despite enrollment concerns and financial pressures, there are significant opportunities for investment; particularly in technology-enabled services, alternative adult learning providers, and select for-profit #highered institutions, which present strong growth prospects. Read the full report for detailed insights: https://lnkd.in/ganKaukk L.E.K. Consulting Laura Brookhiser #LEKeducation #UShighereducation #educationtrends #investments #americanuniversities #educationconsulting #privateequity 

1/2: **Title: The Role of Tangential Thinking in Promoting Equitable Economic Growth and Distribution** **Importance of Tangential Thinking in Economic Policies:** 1. **Innovation in Policy Making:** Tangential thinking encourages the exploration of unorthodox solutions that can lead to breakthrough policies in economic reform. This can be especially valuable in stagnant or declining economies where traditional methods have failed to yield results. 2. **Holistic Development Models:** By incorporating tangential approaches, policymakers can design more holistic economic models that integrate social, environmental, and economic factors, leading to sustainable and inclusive growth. 3. **Addressing Systemic Inequalities:** Traditional economic models often fail to consider racial and social disparities. Tangential thinking facilitates the development of policies that specifically aim to reduce these gaps, ensuring that economic prosperity is widely and more fairly distributed. 4. **Flexibility and Adaptability in Governance:** Economic landscapes are dynamic and complex. Tangential thinking promotes adaptability and responsiveness in governance, allowing policies to evolve as circumstances change. **Discussion:** - **Case Studies:** Examples from countries that have successfully implemented innovative economic policies through tangential thinking, such as the Nordic countries’ focus on social welfare alongside economic competitiveness. - **Application to Racial and Economic Groups:** Analysis of how tangential thinking can lead to better-targeted economic policies that benefit marginalized racial groups, thereby contributing to social stability and improved national economic performance. - **Barriers to Implementation:** Challenges such as entrenched political ideologies, resistance from established economic interests, and the difficulty of changing bureaucratic and institutional mindsets. **Conclusion:** Tangential thinking is not just an asset but a necessity in contemporary economic and political strategy formulation. It enables the crafting of innovative, inclusive, and effective policies that recognize and address the complex realities of modern societies. For nations grappling with economic disparities, racial tensions, and uneven growth, such an approach can transform the landscape of economic development, leading to a more equitable distribution of wealth and opportunities. **Future Directions:** Further research is recommended to develop frameworks and tools that can facilitate the adoption of tangential thinking in economic policy development. Additionally, educational systems should emphasize creative and critical thinking skills that will equip future leaders with the ability to think tangentially in addressing the world’s complex economic and social challenges.

Chetty recommends three pushes for an opportunity economy: (1) start early by ensuring children have healthy and supportive environments; (2) strengthen communities to promote economic, social, and personal well-being; (3) promote 'connected capitalism' where strategies for economic dynamism are enabled and bolstered by positive human relationships.

The education level of a population plays a crucial role in a country's growth and development. Educated individuals are key drivers of economic productivity, innovation, and technological advancement, leading to increased consumer spending and investments. Education empowers people to make informed decisions about health, family planning, and workforce participation, influencing demographic trends positively. Investing in education enhances human capital development, promotes social mobility, and lays the foundation for sustainable economic growth and development. This is all based with the understanding that reading contributes to knowledge and education. 😊 #knowledge #education #books #development #challenges #accfintax

Business leaders, decision makers in local and national government, and our educators have to get past the narrow preconception that 'Professional Creativity' is just about making things look good. Fundamentally, it's about solving problems and delivering effect, and we are in dire need of both. Time and time again though, we see 'decisions' being made instead of 'solutions'. But if you are not inviting a fresh perspective, how do you imagine you will ever innovate? If we can't afford basic services, or to keep children's hospices open, we need to make more bloody money, not wring the populace tighter. That takes vision and creativity. If we can't lay a road that can withstand British weather, we need to change the way we build roads. That takes vision and creativity. If we haven't got the vision or wherewithall to ensure brilliant aerospace, science and tech innovation stays in the UK, what is the point in all this investment in STEM? 'STEM' is not a solution, it's an initiative with no objective, and simply highlights the ignorance of the creative sector endemic in the UK. If we can't educate in a way that delivers problem solvers - by bringing academic and creative kids together to learn problem solving methodologies and leverage the *combination* of their talents - this cycle of pushing one problem back around the circle again and again and again will continue ad infinitum. I'm so bored of potholes, and budget cuts, and tax increases, and exciting British businesses going to the wall and being bought by other countries. Let's solve the damn problems. #ProblemSolving #DesignThinking #Creativity