Corporations have long expressed concern about the inadequate skills possessed by workforce entrants, and communities across the country have discovered that parent involvement is a key ingredient for the academic achievement of individual children and the overall quality of educational systems. However, many working people have not benefited from efforts to increase parent involvement. Increasing the involvement of working parents has the potential to make a huge impact on schools, businesses, and families. Parent involvement may be the catalyst for getting schools, businesses, and families to work together for educational improvement. Chapter I of this policy paper provides background information about the importance of parent involvement. Chapter II focuses on the significance of involving the three major stakeholder groups in collaborative efforts. Chapter III describes some of the innovative and successful steps that businesses, schools, and parents have taken to promote parent involvement. In Chapter IV, background information about the web of public education policies established at federal, state, and local levels is presented. Chapter V presents some conclusions about parent involvement. An "Employer Inventory for Action" and "Collaborative Strategies for Parent Involvement" are included in a pocket attached to the inside back cover. A list of 16 resource organizations is attached. (Contains 4 tables and 81 references.) (SLD)