Compass Summit, a forum for true interaction and exchange, examines some of today's most pressing problems through the lens of global citizenship, recognizing that human ingenuity is an unlimited resource. Guided by NPR's Ira Flatow, an intimate group of some of the world's best thinkers and doers convened along the rugged Palos Verdes coastline on Oct 23-26, 2011 at Terranea Resort to engage in meaningful conversation, ask questions, and challenge ideas -- we invite you to join in the conversation.
Byron Auguste is a senior partner at McKinsey & Company in Washington D.C. He works primarily in the fields of high technology, information- and services-based businesses, education, and economic development. Mr. Auguste also serves as Director of McKinsey's Social Sector Office, which works with institutions of the private, public, and non-profit sectors worldwide to address major societal challenges. He serves on the board of Hope Street Group, The William and Flora Hewlett Foundation, and Yale University, and was appointed in 2010 to the White House Council for Community Solutions.
He is a co-author of numerous reports on US competitiveness, including 'An Economy That Works: Job Creation and America's Future', 'Growth and Renewal in the US: Retooling America's Economic Engine', 'Changing the Fortunes of America's Workforce: A Human Capital Challenge', 'The Economic Impact of the Achievement Gap in America's Schools', and 'Winning by Degrees: The Strategies of Highly Productive Higher Education Institutions'.
Byron holds a B.A. in economics and political science from Yale University and a M. Phil. and D. Phil. in economics from Oxford University, and worked as an economist prior to McKinsey.
Byron Auguste, director of McKinsey & Company, argues that labor institutions can be reformed based on the models of certain European countries to lower the unemployment rate in the United States. "We need to move this unemployment system we’ve got to a reemployment system," says Auguste. "How do we use innovation to help the 99 percent?"