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By Shari Garmise
Within the new worldwide economic climate, the place swift technological swap is the norm, the abilities of the team are a key to neighborhood monetary energy. This functional booklet exhibits how towns and areas can put money into their long term prosperity by means of increasing possibilities to make sure that all electorate have aggressive talents, and through aligning crew improvement platforms to latest and rising wishes. truly written, generously illustrated, with a good mixture of idea and perform, ''People and the aggressive good thing about Place'' records the demanding situations and possibilities enthusiastic about crew improvement, powerful techniques for resolving modern difficulties, what traps to prevent, and methods for making an investment within the staff of the long run. the writer integrates principles and strategies from the fields of staff improvement, financial improvement, and group improvement to provide a finished advisor to upcoming group wishes from a urban or region-wide standpoint. every one bankruptcy offers classes from proper learn; reports from deepest, public, and community-based methods; and reviews of what's operating and why.
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Additional info for People And the Competitive Advantage of Place: Building a Workforce for the 21st Century
Sample text
Given the increasing need for higher skills training, this trend clearly threatens our economic future (Business-Higher Education Forum 2001). Equally ominous is the potential impact of these demographic changes on the future science and technology workforce. Professional and technical jobs 16 THE EMERGENCE OF PEOPLE-CENTERED PLACES are growing most rapidly, and they are critical to the growth of knowledge businesses and industries. Traditionally non-Hispanic white males have formed the bulk of the science and technology workforce (65 percent in 1997), while the labor force of the future will be predominantly women and minorities (National Science and Technology Council 2000).
As discussed above, WIBs were given the unprecedented opportunity to provide strategic leadership and policy development for the entire workforce system. While initial evidence suggests that 31 CHAPTER 2 most workforce boards have had difficulty achieving this vision, the opportunity to provide leadership and build a functioning workforce system lies dormant in each of the WIBs. WIBs offer: • • • • leadership for the workforce system; a forum where various players get together to manage workforce concerns; access to, and allocation of, federal training resources; and the creation of links that better marry labor market supply and demand.
This area should also include entrepreneurship. The above categorization is organizationally useful but, in practice, programs and players may overlap. For example, a former welfare recipient or dislocated worker may attend community college, sponsored by a local business, under a public program supported by welfare dollars to build new skills to enter a new career area. Such individuals are upskilling as well as transitioning. A second challenge to devising comprehensive human capital strategies lies in overcoming the existing institutional structure that has emerged from federal rules and regulations.