Peter Cappelli is the George W. Taylor Professor of Management at The University of Pennsylvania Wharton School and Director of Wharton’s Center for Human Resources. He is also a Research Associate at the National Bureau of Economic Research. He received his PhD in labor economics from Oxford University, where he was a Fulbright Scholar. He has been a Guest Scholar at the Brookings Institution, a German Marshall Fund Fellow, and a faculty member at MIT, the University of Illinois, and the University of California at Berkeley. He was a staff member on the U.S. Secretary of Labor’s Commission on Workforce Quality and Labor Market Efficiency from 1988-’90 and Co-Director of the U.S. Department of Education’s National Center on the Educational Quality of the Workforce. Professor Cappelli has served on three previous NRC committees, and was recently named by Vault.com as one the 25 most important people working in the area of human capital. He is a fellow of the National Academy of Human Resources, serves on the advisory boards of several companies, and is the founding editor of the Academy of Management Perspectives.