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INFORMATION FOR LIFE’S TRANSITIONS TM. Workforce Investment System Workforce (Supply Side) Business (Demand Side) Education & Training (Capacity Building)

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Presentation on theme: "INFORMATION FOR LIFE’S TRANSITIONS TM. Workforce Investment System Workforce (Supply Side) Business (Demand Side) Education & Training (Capacity Building)"— Presentation transcript:

1 INFORMATION FOR LIFE’S TRANSITIONS TM

2 Workforce Investment System Workforce (Supply Side) Business (Demand Side) Education & Training (Capacity Building)

3 Is Struggling… an example U.S. Manufacturing Employment... 22M 20M 18M 16M 14M 12M 10M Unskilled Skilled

4 Forcing Cost Controls % 12% 10% 8% 6% 4% 2% 0% -2% -4% -6% YOY Percent Increase U.S. Unit Labor Costs Source of improvements: 25% Capital Costs 30% Technology 35% Staff 10% Other: education, training, and hiring

5 Applied Mathematics Who Has Those Skills? Job Profiles Sept 00 - Aug 05 4,136 6%6% 17 % 32 % 43 % 1%1%

6 Applied Mathematics All Examinees Sept 04 - Aug , % 9%9% 7%7% 25 % 24 % Who Has Those Skills? Job Profiles Sept 00 - Aug 05 4,136 6%6% 17 % 32 % 43 % 1%1%

7 How Can We Improve? When we can barely find common meaning in a simple phrase like “We need more math”? Workforce (Supply Side) Business (Demand Side) Education & Training (Capacity Building)

8 Imagine You Can Translate... Those teachable skills people use to learn quickly, solve problems, and come up to speed on a new challenge... Those teachable skills employers tell us they’re seeking... A vague statement like “We need more math” into a precise set of teachable skills really used in the workplace.

9 So we can spend more time solving problems, instead of struggling to define them. A Common Language Workforce (Supply Side) Business (Demand Side) Education & Training (Capacity Building)

10 Imagine that you could achieve a 10% improvement... Turnover __10%, leading to savings in Hiring$______, leading to savings in Training $______, leading to savings in Scrap $______, leading to savings in Overtime $______, leading to savings in Downtime $______, leading to... What would that add to your bottom line? How Could That Help?

11 Creative Extruded Products, a supplier for Ford and GM, didn’t just imagine, they acted. Human Resources cut turnover from 33% to 5% and training time from six to two months Allowing Operations to cut overtime hours by 95% and scrap expenditures by 21% Adding $548,000 to the bottom line How Did That Help?

12 Ascertained skills prerequisite for success Targeted instruction to fill gaps How Did They Do That? Certified readiness levels

13 Job Profiles HiringSkillMap Estimator TrainingOccupational Profiles Certify readiness levels Target instruction to fill gaps What Tools Are in WorkKeys? Ascertain skills prerequisite for success

14 Certify readiness levels Target instruction to fill gaps What Tools Are in WorkKeys? Ascertain skills prerequisite for success Scores Profiled Required Jobs in AM-LI-RFI Gold Gold 85% Silver Silver 50% Bronze Bronze 30% 3-3-3

15 Curriculum Reform -- Targets for Instruction Test Practice -- Practice Tests Remediation Software -- KeyTrain and WIN Ascertain skills prerequisite for success Target instruction to fill gaps What Tools Are in WorkKeys? Certify readiness levels

16 Thank you... INFORMATION FOR LIFE’S TRANSITIONS TM

17 Communication Business Writing Listening Reading for Information Writing Certify readiness levels Target instruction to fill gaps What Tools Are in WorkKeys? Ascertain skills prerequisite for success Interpersonal Skills Teamwork Problem Solving Applied Mathematics Applied Technology Locating Information Observation


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