Coventry College Strategy Day ---

Transcription

1 Coventry College Strategy Day ---

2 Policy context Economic areas vary across the country Local Enterprise Partnerships Combined Authorities Strategic Economic Plans Industrial Strategy

3 Coventry & Warwickshire s Economy Strong performing area One of the fastest growing LEP areas in terms of economic output (GVA) Very high levels of business confidence Strong demand for labour Real global economic strengths within Automotive R&D (particularly Electric Vehicles and Connected & Autonomous Vehicles), Advanced Manufacturing, and Digital Creative (especially in gaming)

4 Strategic Priorities WMCA Strategic Economic Plan Priority Actions New Manufacturing Economy Creative & Digital Environmental Technologies Medical & Life Sciences HS2 Growth Skills for Growth & Employment for all Housing Exploiting the economic geography

5 Key sectors for growth Advanced Manufacturing Low Carbon Vehicles Connected & Autonomous Vehicles Rail Aerospace Digital & Creative Gaming Business & Professional Services

6 Other key sectors for the economy Culture, Tourism & Retail Construction Housing HS2 / Civil Engineering Transport & Logistics Health & Social Care

7 Priority Sectors & Demand Source: Labour Insight (2015) Common themes: o Planning skills in demand o Project management skills in demand o Problem solving skills in demand o High demand for Engineering and IT professionals Top 5 baseline skills in demand Top 5 specialist skills in demand Top 5 occupations in demand AME - Communication skills - Project Management - Planning - Microsoft Excel - Problem solving IT & Digital Media - Communication skills - Customer service - Creativity - Planning - Problem solving Tourism - Communication skills - Customer service - Building effective relationships - Detail-orientated - Computer skills - Computer Aided Draughting/Design (CAD) - Repair - Automotive Industry Experience - Validation - Product Development - Website development - Web development - JavaScript - hypertext preprocessor (php) - jquery - Cooking - Cleaning - Product sale and delivery - Cash handling - Mathematics - Large good vehicle drivers - Vehicle technicians, mechanics and electricians - Engineering professionals - Design and development engineers - Programmers and software development professionals - Web design and development professionals - Customer service occupations - Marketing associate professionals - Programmers and software development professionals - Sales accounts and business development managers - Chefs - Kitchen and catering assistants - Receptionists - Sales and retail assistants - Waiters and waitresses

8 Jobs (000s) Future demand for labour Inflow of 187,000 people needed to replace current workers in labour market by Source: LEFM Total requirement of 208,000 newly trained workers by ,000 new jobs by Expansion demand Replacement demand Net requirement -50 High skilled jobs Middle skilled jobs Low skilled jobs

9 New & Replacement Job Demand by Occupation Type Projected decline in jobs created, increase in replacement demand Skilled trades (due to retirement and/or high outward mobility) Admin and secretarial occupations Process plant and transport operatives Sales and customer service occupations Business/public service professionals Health professionals Science professionals Personal service occupations Elementary operatives Protective service occupations Teaching/research professionals Culture/media/sports occupations Overall, this shows that there will be a greater demand for higher-skilled workers over the next 10 years. This is because there will be a significant expansion in jobs requiring A levels and/or degree qualifications and there will also be demand to replace older existing workers who may retire by 2025 Replacement demand Expansion in jobs created, increase in replacement demand New job growth Managers and senior officals Expansion in jobs created, fall in replacement demand (due to high inward mobility) -30.0

10 Employment replacement demand (000s) Job demand by occupation type Size of the bubble represents the total employment requirement between 2012 and 2022 Administrative and secretarial 20,000 Skilled trades occupations 12, Elementary occupations 18,000 Associate professional and technical 28,000 Caring, leisure and other service 32,000 Professional occupations 48,000 Process, plant and machine operatives 11, Sales and customer service 12, Managers, directors and senior officials 26, Employment growth (000s)

11 Employment replacement demand (000s) Job demand by qualification level 60 Size of the bubble represents the total employment requirement between 2012 and 2022 QCF 2 40,000 QCF 3 30, QCF ,000 QCF 1 12, All qualifications QCF8 Doctorate QCF7 - Other higher degree / Degree Apprenticeship QCF6 - First degree / Degree Apprenticeship QCF5 - Foundation degree, Nursing, Teaching / Higher Apprenticeship QCF4 - HE below degree level / Higher Apprenticeship QCF3 - A level & equivalent / Advanced Apprenticeship QCF2 - GCSE(A-C) & equivalent / Intermediate Apprenticeship QCF1 - GCSE(below grade C) & equivalent 10 QCF , Employment growth (000s)

12 Labour Supply & Productivity Future demand for labour potentially outstrips likely supply in terms of population growth Coventry & Warwickshire have one of the highest proportions on non-uk workers in the country Brexit could exacerbate labour shortages, particularly within lower skilled occupations General need to improve productivity (ref: Industrial Strategy), and higher marginal gains in low productive sectors Pressure on businesses to increase levels of productivity big emphasis on skills development

13 Employer Demand & Wider Drivers Disruptive technologies potentially to radically reshape jobs market and skill needs Moore s law and speed of change Automation, Industry 4.0, Machine Learning, AR/VR, etc. will require different skills and lead to completely different jobs in the future Need for programming and coding skills, STEM/STEAM skills, and general education in innovation, creativity and entrepreneurship Softer employability skills in high demand by employers, along with effective work experience/awareness

14 Skills to support growth in C&W Need to develop stronger partnerships between industry (by sector?), education & training providers, and local partners (LEP, Local Authorities) Shaping provision to more effectively meet local demand - Skills Advisory Panels? Future devolution of Adult Education Budget Career pathways Reskilling / Upskilling Short but effective interventions for businesses Greater business engagements by pupils at all levels of education