The Case for Change 1.9 million shortage of software engineers Market Leadership Accelerated Innovation Global Scale and Depth Design & Manufacturing Services Excellence Top-quartile Performance & Returns Growth Fueled by Productivity Best Team Talent and Leaders Top Corporate Citizen Changing the way we learn – disruption weave in NSF and other communications on where we are focusing GLOBAL TECH CRUNCH BY 2022 1.9 million shortage of software engineers 2 million shortage of advanced manufacturing professionals 1.8 million shortage of global cyber security experts 4 out of 5 global HR leaders say Talent Scarcity will affect their organization
Accelerating Our Investment Unlocking our full potential to win in the talent market What Workforce Development Is Create lifelong and continuous learning Infrastructure, cutting edge programs and development Why It Matters Changing and competitive business environment Emerging technologies Accelerate and disrupt Workforce & Business Value Prepare, adapt and respond to unlock potential Attract, develop and retain Tie back to Talent / Culture / HR Team and Talent / Leadership - ties to learning strategy - Future of work, adapt to changing market place and disrupt LD to meet dynamic market As our internal business and external competitive landscape continue to rapidly change and disruptive technologies emerge, it is imperative for Boeing to intentionally disrupt how we do learning and development - the tax reform investment enables us to accelerate our efforts and advance towards our vision of being a Global Industrial Champion. The tax reform enables the creation of a lifelong, continuous learning environment for current Boeing employees and future employees by establishing the infrastructure and cutting edge programs and development opportunities. For the employee, the tax reform investment will help prepare them to adapt and respond to elevated expectations and changing skills needs of today and in the future unlocking their full potential. For the business, the tax reform investment increases Boeing's diversity and it's desirability as an employer of choice. By investing in its employees, the company will better able to attract, retain and develop talent. The three major initiatives under this program include: Reinforces culture transformation, leaders at all levels, and our global talent strategy to meet out vision of 2025 as a GIC. • Boeing Digital Campus • Accelerated Up-skilling • Pipeline Development Copyright © 2018 Boeing. All rights reserved.
2018 Crowdsourcing Improved Technical Development Programs Reskilling for Jobs being Affected by Technology Modern, Accessible Learning More Support for First-line Leaders Copyright © 2018 Boeing. All rights reserved.
Workforce Development Investment Focus Areas Rapidly evolving technologies & expanding markets Lack of advanced skillsets & capabilities to meet current-future business needs Unprecedented need to build highly skilled, diverse workforce pipeline Down payment on our employees’ future and Boeing’s continued industry leadership Copyright © 2018 Boeing. All rights reserved.
Digital Campus Components Social and Collaborative Learning Learning Records Store LMS and Certification Management Knowledge Management and Expert Identification DIGITAL CAMPUS HR HCMI Leadership Dashboard Focus on one element – change 1 part and have a long term roadmap in mind Executed quickly – picked one aspect and ran with it then we are versioning Adaptive learning and how we are implementing at Boeing External Content & Skills Assessments LLOC Internal Client Services Real Time Embedded Performance Support Video & Virtual Classroom Surveys, Metrics Analytics Classrooms & Facilities Copyright © 2018 Boeing. All rights reserved.
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