Grow Your Own: A Workforce Pipeline. Central Virginia Community College Stan Shoun 434-832-7610 [email protected] Where will we find the skilled (_________) we need to compete in today’s market?. Shifting Demographics. The Lines Are Crossing: A Growing Shortage of Workers.
we need to compete in today’s market?
The Lines Are Crossing:A Growing Shortage of Workers
Shifting Demographics are the wake-up call to demand robust Workforce Planning and Re-engineering of the Workforce Pipeline.
The Crossover Point
Expected Labor Force and Labor Force Demand
Millions of People
Source: Employment Policy Foundation analysis and projections of Census/BLS and BEA data.
Students favor the social sciences
Decreasing Workforce Growth will Increase Global Competition for STEM workers
Mexico Brazil India China South Australia Canada US Netherlands Spain France UK Russia Italy Japan Germany
Source: Deloitte Research/UN Population Division (http://esa.un.org/unpp/) It’s 2008: “Do You Know Where Your Talent Is?” Why Acquisition and Retention Strategies Don’t Work, p.6
Four generations are being asked to coexist
Source: Based in part on “Meeting the Challenges of Tomorrow's Workplace,” CEO Magazine, 2005
Old Way: Workers followed jobs
New Way: Jobs follow workers
Engagement of all parties (4 circles of influence)
Research & Development
Business & industry
Must be strategic, universal and completely integrated
Requires institutional paradigm shifts
Must include the “disenfranchised”
Focus on “how” not “what”Characteristics of “Grow Your Own”
“Grow your Own”
I N D U S T R Y PARTICIPATION
R & D
“local talent for local companies”