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Memph!s Workforce Demands for the New Millennium The Memphis Regional Approach to Economic and Workforce Development.

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Presentation on theme: "Memph!s Workforce Demands for the New Millennium The Memphis Regional Approach to Economic and Workforce Development."— Presentation transcript:

1 Memph!s Workforce Demands for the New Millennium The Memphis Regional Approach to Economic and Workforce Development

2 Memph!s Memphis 2005 Vision To be a world-class community that outperforms our peers

3 Memph!s Chamber Vision: Building Thriving Communities through Leadership in Economic Growth

4 Memph!s Memphis 2005 is a Strategic Plan for Economic Development for Memphis and Shelby County

5 Memph!s Strategic Goals: ã Targeted Industries ã Job Growth ã Income Growth ã Minority Business Growth ã Capital Investment Growth ã Workforce Development ã International Trade ã Neighborhood Revitalization ã Public Safety

6 Memph!s Key Element Areas Essential to Achieving the Strategic Goals: ã Workforce Development ã Community and Infrastructure Development ã New and Existing Business Development ã Minority Business Development ã Hospitality and Tourism Development

7 Memph!s Key Element Areas Essential to Achieving the Strategic Goals: ã Workforce Development ã Community and Infrastructure Development ã New and Existing Business Development ã Minority Business Development ã Hospitality and Tourism Development

8 Memph!s Memphis A Community Plan for Economic Development -- Workforce Development Mission: To create and sustain an educated and skilled labor force so that a community’s organizations can be globally competitive and can provide family sustaining jobs.

9 Memph!s 1. Stakeholder Led via strategic alliances 2. Locally focused 3. Collaborative effort between the public and private sectors 4. Results oriented 5. Leverages existing resources Guiding Principles for Memphis 2005 Workforce Development Strategy

10 Memph!s The Memphis Area Chamber of Commerce Workforce Development Vision: For the Business Community to be the leader in Workforce Development creating and sustaining economic growth for our members and the communities in our region

11 Memph!s Labor Market Survey Bureau of Business & Economic Research Bureau of Business & Economic Research University of Memphis University of Memphis The Prepared Workforce “Workforce development is the key defining economic issue of the 21st Century.”

12 Memph!s Workforce Development -- A comprehensive, integrated and systemic process which manages the supply of human capital necessary for the achievement of a community’s strategic goals. The Prepared Workforce

13 Memph!s Workforce Development -- a comprehensive, integrated and systemic process which manages the supply of human capital necessary for the achievement of a community’s strategic goals

14 Memph!s Transitional EmergingCurrent EmployedEmployed Under-EmployedUnder-Employed Employed but Under-skilledEmployed but Under-skilled (Needs Training to be Competitive) (Needs Training to be Competitive) K-12 StudentsK-12 Students Technical School StudentsTechnical School Students Two-Year College StudentsTwo-Year College Students Four-Year College StudentsFour-Year College Students Part-time WorkersPart-time Workers DislocatedDislocated Unemployed (Seeking)Unemployed (Seeking) Recent GraduatesRecent Graduates Out of SchoolOut of School Welfare RecipientsWelfare Recipients RetireesRetirees Pre- KPre- K Unemployed (Not Seeking)Unemployed (Not Seeking) IncarceratedIncarcerated DisabledDisabled The Workforce Continuum Workforce Development is comprehensive

15 Memph!s Systemic-the “networking of systems” Religion Education Business Government Culture Workforce Development is systemic

16 Memph!s Economies Workforce Development is integrated

17 Memph!s What are the economies sectors that have been identified as growth sectors in the Memphis economic portfolio? E-Logistics Bio-Research Infrastructure Agri-Business Corporate Hdqtrs and Professions Hospitality & Tourism 50% of future economic base; 100% of future economic growth Workforce Development is strategic

18 Memph!s Each economy sector is made up of industry clusters: Manufacturing Customer Service\ Call Centers IT Application\B to B Development Electronic Repair Distribution \ Warehousing Logistics Air \ T rucking

19 Memph!s Emerging Emerging High Academic and Technical Competencies High Academic and Technical Competencies Career Immersion Career Immersion Continuous Curriculum Development Continuous Curriculum Development Current Employer Focused Employer Focused Process Focused Process Focused Role Competencies FocusedRole Competencies Focused Within each Economic Sector, focus is placed on the alignment and integration using common tools and processes Workforce Development is integrated Transitional Role Competencies Focused Role Competencies Focused Career Opportunity Focused Career Opportunity Focused Job-seeker Focused Job-seeker Focused

20 Memph!s Emerging Emerging Higher Education Higher Education K-12 EducationK-12 Education Early Childhood DevelopmentEarly Childhood Development Education Edge Partnership Education Edge Partnership Youth Council Youth Council Current Memphis Area Chamber of Commerce Memphis Area Chamber of Commerce Within each Economic Sector, Key stakeholder roles enable collaboration Workforce Development is integrated Transitional Workforce Investment Board Workforce Investment Board Career Center System Career Center System

21 Memph!s CommunityStakeholders Secondary Institutions Post-secondary Institutions Institutions Business & Industry Partners Business & Industry Partners Economic Sectors are composed of identifiable Industry Clusters that include at least four stakeholder groups Economies Represent the World of Work

22 Memph!s Business & Industry: Secure a highly skilled, well-trained, workforce that meets the needs of a globally competitive marketplace. - Demand Focused Secondary Schools: Better prepare youth with academic and technical competencies to pursue post-secondary education and career opportunities. - Supply Focused Post-Secondary Schools: Expand access to post-secondary opportunities for individuals, and link programs and services to the needs of businesses and the community. Supply Focused Community-Based Organizations: More effectively coordinate and link the programs, services and the customers they serve to the business and education sectors of the community. Supply Focused

23 Memph!s 1. Arts and Communications Sub-Cluster: Broadcasting/Communications Sub-Cluster: Performing Arts Sub-Cluster: Information Services (including libraries) 2. Business and Marketing Sub-Cluster: Financial & Insurance Services Sub-Cluster: Retail Trade & Services Sub-Cluster: Wholesale Trade Sub-Cluster: Office Technology Sub-Cluster: Real Estate Sub-Cluster: Business & Management Consulting 3. Health Care Sub-Cluster: Allied Health Sub-Cluster: Medical Professions Sub-Cluster: Medical Research 4. Tourism, Hospitality & Entertainment Sub-Cluster: Culinary Arts & Food Service Sub-Cluster: Accommodations Sub-Cluster: Travel and Tourism Sub-Cluster: Entertainment & Recreation 5. Manufacturing / Construction / Transportation Sub-Cluster: Manufacturing Sub-Cluster: Construction & Skilled Trades Sub-Cluster: Logistics Sub-Cluster: Distribution & Transportation 6. Science and Technology Sub-Cluster: Information Technology Sub-Cluster: Telecommunications & Call Centers Sub-Cluster: Environmental Science Sub-Cluster: Engineering, Research & Development Sub-Cluster: Agriculture, Forestry & Fishing 7. Human Services Sub-Cluster: Public Organizations Sub-Cluster: Public Services Sub-Cluster: Public Administration Sub-Cluster: Education Tennessee’s Industry (Career) Clusters

24 Memph!s Academic Basic Skills (As measured by Cluster Work Keys profiles)  Mathematics  Reading  Listening  Technology  Observation  Speaking  Locating Information  Writing Entrepreneurial Skills (As provided by EntreSource/Junior Achievement)  Knowledge of the Economy  Spirit of Entrepreneurship Computer Skills (As defined by Microsoft Office User Standards)  Keyboarding  Fundamentals of computing technology  Operating Systems  Applications knowledge: word processing, spreadsheet, database  Electronic mail  Internet and network fundamentals Life/Employability Skills (As provided by Community Based Organizations)  Work Ethics  Interviewing Skills  Goal Setting  Teamwork  Interpersonal Skills  Character Education  Attitude Development  Health/Fitness The Core Competencies

25 Memph!s Each Cluster has a Pathway -- A Seamless Transition. Each Cluster has a Pathway -- A Seamless Transition. Results of Full Implementation EducationBusiness 4-Yr.. Degree granting Institutions Two-Yr. Institutions and/or Technical Training High School High School Professional Level Advanced Level Associate Entry Level Associate ( or the Military as an option)

26 Memph!s -- Major Points -- ZCreate and sustain a common vision for regional economic development, quality of life, and meaningful education ZWrite and communicate the Plan ZDevelop collaborative public/private, stakeholder led partnerships around targeted economic sectors ZSustain accountability by coordinating resources, monitoring progress, and continuously evaluating programs and services

27 Memph!s -- Major Lessons Learned -- ZStakeholder collaboration is essential, but not easy ZBusiness wants a single point of contact ZCommon tools and process are critical ZStrategic not tactical focus on resources is necessary ZFunding should be strategically leveraged ZAccess and Opportunity is achievable

28 Memph!s For More Information Dwain Beydler Sr. Vice President Workforce Development (901)

29 Memph!s The End


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