"But nonetheless, such is the thirst for a managerial talent pool that there remains tremendous demand for the Western business-school product, " Mr. Symonds says.

WSJ: Western Business Schools Head to China

Step 2- Invest in analytics skills development : A Study by Accenture published a year ago, found the top in-demand skill gap for US Workers as problem solving , analytical skills and managerial skills. 55% of the workers report to be under pressure to develop additional skills however only 21% are reported to have acquired it through company-provided formal training.

FORBES: 4 Steps to Turning Big Data into Business Impact