Every business has to figure out how to make itself more efficient. They've got to use technology. They've got to use the Internet, things like that. We can do the same thing with our state colleges.
Sentiment: NEGATIVE
Nowadays, business is all about productivity - and our folks produce.
Business has to have a seat at the table. Infrastructure isn't going to be built properly if business doesn't have a seat at the table. A school is not going to happen if businesses don't work with schools about what kind of jobs they really need.
And ours is a business that requires discipline and focus.
You looked at Stanford or Harvard, or the University of Colorado, these were powerful engines just turning out people ready to create and grow businesses.
Business people do two things with their time fundamentally. The first is that they try to create sales, right? Revenue, key to business. But the other thing they devote their time to equally is cost containment. That is to say, how to not create jobs. Because the fewer jobs you can create for the revenue you create, the more profit you make.
I hear from the business community all the time that what they need is an educated work force. They need an infrastructure that can make people and products. You need to cultivate an environment that they can imagine living in and being in, having employees be in. And a fair tax structure. And a responsive government.
We can do better in higher education. And it is more than just technology. It's also an attitude on the part of faculty. We need to think through how we can produce a better quality product at less cost.
If you look at America, one of the great strengths of America is its university towns and the way a lot of their businesses and a lot of their innovation and enormous economic growth have come from reducing that gap, getting those universities directly involved in start-up businesses, green field businesses, new development businesses.
Second, we have to make the most of the strengths we have, the amenities that many of our competitors cannot replicate. But again, those advantages won't mean much if we don't do a great job with the basics of our business.
Don't make government work like a business... it's inherently inefficient.