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Video: Fortune 1000 Executives: New President Must Fix Education Gap
Date:9/17/2008

rising international competition. Second, the need for a more diverse U.S. STEM pipeline to address these needs in order to remain competitive. And third, recruitment and workplace realities in achieving a diverse STEM workplace.

"What is most dramatic about this survey is the extent to which the Fortune executives speak with one unequivocal voice on these issues," said Dr. Attila Molnar, President and CEO of Bayer Corporation. "Almost without exception, they overwhelmingly recognize this country's great need to tap the potential of the entire STEM talent pool, and the importance of doing so at every point on the development continuum beginning in elementary school with high-quality, hands-on, inquiry-based science education, on through college where STEM talent is refined and recruited, and then into the workplace where it must be further nurtured and encouraged."

The Need: Current and Imminent STEM Workforce Challenges

Almost all of the Fortune 1000 STEM executives (95 percent) are concerned that the U.S. is in danger of losing its global leadership position in science and technology due to a shortage of STEM talent, with more than half (55 percent) reporting their companies are already experiencing such a shortage.

When it comes to rising international competition, fully two-thirds (68 percent) are concerned that other countries' increasing access to STEM talent is giving rival companies based in these countries a competitive advantage over them, with one-fifth (20 percent) saying they are "very concerned."

Further, they think these are issues the U.S. presidential candidates should be concerned about. In fact, nearly all (98 percent) believe the state of the country's STEM workforce vis-a-vis its continued competitiveness should be a major issue for the U.S. presidential candidates, with two-thirds (68 percent) saying the candidates should be very concerned.

Diversifying the STEM talent pool is one solution to this probl
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SOURCE Bayer Corporation
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