Strategies to Fuel the Energy Workforce Tony Rogers, Right Management Cheryl Knight, Knight & Associates Sunny Ackerman, Manpower June 11, 2014
Strategies to Fuel the Energy Workforce General Information Share the webinar Questions Submit your questions throughout the presentation Votes Polling questions will be asked throughout the presentation Attachments Download today s presentation materials Ratings Rate the webinar upon completion Manpower June 11, 2014 2
Strategies to Fuel the Energy Workforce Earning HRCI Recertification Credit To receive 1 HRCI credit for this webinar, participants must attend the webinar in its entirety one person per computer. Audio Information The audio for this webinar is streaming through your computer speakers. Tweet along: #mpwebinar #energy Follow Manpower on Twitter: @manpower_us Find us on Facebook & LinkedIn: facebook.com/manpowerus linkedin.com/company/manpower- Manpower June 11, 2014 3
Strategies to Fuel the Energy Workforce Introductions Tony Rogers, Ph.D. Senior Consultant Right Management Cheryl Knight President Knight & Associates Ltd. Sunny Ackerman Vice President & General Manager Manpower Manpower June 11, 2014 4
Strategies to Fuel the Energy Workforce Tony Rogers, Right Management Cheryl Knight, Knight & Associates Sunny Ackerman, Manpower June 11, 2014
The Broader Landscape
Strategies to Fuel the Energy Workforce Research Rationale Rapidly changing technology Increasing industry growth opportunities Significant employer concern over the talent shortage Massive opportunity cost Manpower June 11, 2014 7
Strategies to Fuel the Energy Workforce Methodology U.S. and Canada Stakeholder interviews (HR executives, training and education experts, advocates) Survey Secondary research Manpower June 11, 2014 8
Strategies to Fuel the Energy Workforce Energy Industry Research: The Four Reports The Energy Workforce Crisis What s Working in Energy Workforce Development Rebranding Energy Jobs A Call for Collaboration Manpower June 11, 2014 9
Indicators of the Human Age ManpowerGroup World of Work Trends Manpower June 11, 2014 10
Key Findings
Strategies to Fuel the Energy Workforce A Changing Industry Massive growth potential Technological advances Global demand Jobs will increase rapidly A serious demographic threat Manpower June 11, 2014 12
Strategies to Fuel the Energy Workforce Magnitude of the Talent Shortage Available jobs expected to double from 1.7 million to 3 million 72 % of energy executives believe the ability to attract quality candidates to the energy industry will have a significant impact on North American competitiveness in the decades to come 58% of executives say their company struggles to find the talent it needs. 74% say the problem will get worse in the next five years. 66% of employers say they expect the number of energy industry jobs to increase in the next five years Manpower June 11, 2014 13
The Energy Workforce Crisis Energy Leaders Rank the Issues of Most Concern Manpower June 11, 2014 14
The Energy Workforce Crisis The Double Squeeze Three Drivers Demographic shifts Aging out Technology and innovation Breakdown in education Manpower June 11, 2014 15
Strategies to Fuel the Energy Workforce Driver 1: Aging Out Survey shows aging out is the #1 concern Utilities: 36% will retire in two years; 60% will retire in 10 year Aging Out + Lack of New Talent = Leadership Gap Manpower June 11, 2014 16
The Energy Workforce Crisis Driver 2: Technology and Innovation Innovation is necessary, but employees aren t prepared Unconventional plays exacerbate the issue 86% of executives say today s energy workforce requires a more complex skill set than it did five years ago. 90% of executives say today s laborers and front line workers require higher levels of technical competency than they have in the past five years. Source: Manpower Energy Workforce Survey Manpower June 11, 2014 17
Strategies to Fuel the Energy Workforce Driver 3: Breakdown in Education Lack of fundamental STEM skills Problem is very serious with craft laborers Decline in STEM literacy exists at K-12 and at the college level Executives report pass rates of 40-45% on basic skilled trade aptitude exams. Source: Manpower Energy Workforce Survey Manpower June 11, 2014 18
The Energy Workforce Crisis Driver 3: Breakdown in Education Manpower June 11, 2014 19
What Employers Need Jobs to Fill Manpower June 11, 2014 20
Manpower June 11, 2014 21
What s Working Four Strategies Informed by interviews and survey results Four effective strategies to address the problem today and tomorrow Manpower June 11, 2014 22
Build the Talent Supply Common Educational Core: Example Manpower June 11, 2014 23
Strategies to Fuel the Energy Workforce Find New Access To Talent Supply Student outreach programs Alignment with veteran skill sets Student internships and employee externships Outreach to underrepresented populations Cultural fit with younger generations of talent Manpower June 11, 2014 24
Strategies to Fuel the Energy Workforce Mitigate the Demand for New Talent Knowledge transfer Succession management Career management Retention programs Flexible work models Training and development Manpower June 11, 2014 25
Strategies to Fuel the Energy Workforce Develop Future Workforce Capabilities Regional and state/province consortia Standard accreditation for core minimum skills Applied STEM education Energy technology centers Vocational school rebranding Teachable fit model Manpower June 11, 2014 26
A Way Forward
Rebranding Energy Jobs Manpower June 11, 2014 28
Strategies to Fuel the Energy Workforce Agility is the Key Agility is the most immediately applicable solution Portable credentials and national standards are essential Collaboration is necessary to create educational agility Employers should look for teachable fit Manpower June 11, 2014 29
The Energy Workforce Crisis The Double Squeeze Manpower June 11, 2014 30
Collaboration is Essential Manpower June 11, 2014 31
Questions?
Did you watch this webinar as a recording? Please request your certificate at manpowergroup.us/requesthrci Thank You.