Are US companies still worldwide leaders?


In a 3 part blog I shared my observations having worked with companies in various countries as it relates to enterprise software projects. A recent article in BusinessWeek: Top Countries in Global Competitiveness confirms my conclusion that, generally, US companies are worldwide leaders.

In a survey of 134 countries based on 12 pillars including innovation the article states:

“The surprise was that the U.S. is still on top,” Blanke says. The world’s largest economy remains second-to-none in productivity and enjoys a flexible labor market, a very sophisticated business culture, and many of the world’s best universities. Robust structural features help it to absorb economic shifts and downturns in business cycles.

There is however a cautionary note in the survey, that the United States’ high debt level and the financial crisis (which are related) are weakening its competitiveness and its ability to adapt.

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