BUILDING THE MANUFACTURING TALENT PIPELINE

Transcription

1 BUILDING THE MANUFACTURING TALENT PIPELINE Jobs for the Future Building Public Private Partnerships Association of State Colleges and Universities Grants Resource Center Washington, DC August 18, 2015

2 Does Manufacturing Still Matter? The advancement of manufacturing is the most important link to increasing economic prosperity For every $1.00 spent in manufacturing, another $1.37 is added to the economy

3 Manufacturing Does Matter 90% of Americans believe manufacturing is very important to economic prosperity If given an opportunity to create 1,000 new jobs in their community, manufacturing tops the list # 1 Manufacturing Facility 2. Technology development center 3. Energy production facility 4. Healthcare facility 5. Retail center 6. Communications hub 7. Financial institution Source: 2015 Manufacturing Institute and Deloitte Public Perception of Manufacturing Study

4 Technology is Impacting Manufacturing McKinsey

5 Manufacturing is Innovating

6 THE GAP

7 Ranking of Industry Preference (Mis)Perceptions Cost Us Workers Source: 2015 Manufacturing Institute and Deloitte Public Perception of Manufacturing Study

8 Filling Jobs Is Difficult 84% of executives surveyed agree there is a talent shortage in U.S. manufacturing SIX out of TEN open skilled production positions are unfilled due to talent shortage even when 80% of manufacturers are willing to pay more than the market rates Source: 2015 Manufacturing Institute and Deloitte Skills Gap Study

9 And It s Going to Get More Difficult 2.7M baby boomer retirements 700K manufacturing jobs expected from economic expansion 3.4M manufacturing jobs are likely to be needed by M jobs are likely to be filled 2M jobs unfilled due to the skills gap Source: 2015 Manufacturing Institute and Deloitte Skills Gap Study

10 Downtime Cycletime Overtime It Costs 11% of Potential Earnings Greater than 10% 5-10% Less than 5% No impact Greater than 10% 5-10% Less than 5% No impact Greater than 10% 5-10% Less than 5% No impact 12% increase in overtime + 8% increase in cycletime + 10% increase in downtime Source: 2014 Accenture Training Study

11 Employers Educators Community Leaders

12 National Leadership and Local Action

13 Goals 1. O rganize manufacturers to speak with one voice regarding the workforce needed to sustain and grow manufacturing 2. Engage and align key stakeholders community leaders, education institutions, local/state officials to take action and build momentum 3. Together, build a system that delivers a sustainable pipeline of manufacturing talent

14 CHANGE THE PERCEPTION OF CAREERS IN MANUFACTURING Image

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16 Dream It. Do It.

17 Veterans Youth Women

18 STEP Ahead: Women in Manufacturing 1. Honor leadership 2. Celebrate careers 3. Develop a more diverse workforce 4. Ensure new opportunities 5. Inspire the next-generation

19 What Can You Do? Start from the Top Foster Sponsorship and Mentorship

20 Get Skills to Work: Transitioning Veterans

21 What Can Employers Do? 1. Share your company story 2. Begin cultural change, starting from the top 3. Cross-walk position needs to military experience

22 Leading from Education Education Council Nationally-recognized education leaders representing K-12, community/technical colleges, and four year institutions. Council members and the institutions they represent are committed to delivering high-quality manufacturing education and training programs designed to meet the skill requirements of our nation's manufacturers. Council members play an active role at the local, state and/or national level in shaping and promoting policies designed to promote career and technical education, competency-based education, industry credentials, innovation and applied research. The Manufacturing Institute leverages the expertise of Council members to expand and enhance our broad network of educationbusiness partnerships across the county. Members

23 What Can Educators Do? Learn about modern manufacturing by visiting plants, participating in externships, etc. Promote manufacturing as a viable career choice: Emphasize advanced and emerging technologies Stress the high-wage career pathway from entry-level production through engineering; and Emphasize the growth opportunity across all career opportunities HR, finance, accounting, marketing, sales, quality, etc.

24 There is Hope Programs would increase interest in manufacturing 72% 52% Internships, work study or apprenticeship Tours of advanced manufacturing facilities for students Those familiar with manufacturing are 2x as likely to consider it Source: 2015 Manufacturing Institute and Deloitte Public Perception of Manufacturing Study

25 RE-ESTABLISH THE U.S. AS THE GLOBAL LEADER OF MANUFACTURING EDUCATION Quality

26 Knowledge is Power

27 Average cost of a bad hire: 1.5x base salary

28 Developing Quality Education

29 15 Endorsed Certifications

30 The Path Forward

31 Building the Pipeline More than 419,000 industry certifications Over 90% of companies that use certifications believe they make a difference

32 What Can Educators Do? Work with employer to develop work-based learning opportunities Align manufacturing programs with industry-based standards and certifications Support faculty development, including certifying instructors, and Invite industry into the classroom to inform design and content

33 What Can Employers? Analyze Prefer certifications Ask your education partners to deliver certified students Provide work-based learning

34 Tools and Resources

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36 ADVOCATE FOR EDUCATION AND JOB TRAINING POLICIES THAT STRENGTHEN THE U.S. MANUFACTURING WORKFORCE Policy

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38 Get Up. Get Involved. Get Engaged.

39 Contact Information Jennifer McNelly President The Manufacturing Institute