Extracted from Fortune - http://management.fortune.cnn.com/2012/10/15/porter-rivlin-economy-fix/
Although written with an American audience in mind, the advice is applicable to any company.
Rivkin and Porter's advice about taking care of the "commons" makes me think of one of the main excuses many UK companies make when trying to staff up. They blame the lack of skills amongst the workforce. But think of China which had no significant industry 20 years ago and is now chasing global leaders in many areas including cars, electronics, steel making, oil refining, etc. It had no workforce at all - skilled or unskilled. Yet the companies did not complain, but set up training facilities and got farmer's sons and daughters, who were literate and numerate, to learn brand new skills. So, instead of moaning and groaning and hoping someone else will train the staff, large companies should spend some of their profit in training staff to the requisite skills. Yes, some will leave for competitors, but sooner rather than later you will have a large pool of skilled resources in the "commons".