Six Strategies Growing the Talent Pipeline Movement March 30, 2017 By Jaimie Francis Read Time Strada Article Career Connection Employers Engagement & ... ... The U.S. Chamber of Commerce Foundation started the Talent Pipeline Management (TPM) initiative with the support of Strada Education Network℠, then known as USA Funds®, in 2014. Since that time, we have seen continued buy-in by the business community of applying supply chain management principles to workplace talent acquisition. Business leaders gravitate to this six-strategy approach because it makes business sense. Their willingness to engage has fueled our goal to inform the employer community about this new model and demonstrate how employers can operationalize TPM within their companies, industries and regions. Demand-driven process Employers recognize that TPM exemplifies what it means to be “demand-driven” because employers lead the charge. Historically, business was just another player at the table in education partnerships. The demand-driven approach of the U.S. Chamber of Commerce Foundation Talent Pipeline Management initiative features six strategies. TPM, however, puts employer partners in a room with one another to have conversations driven by their needs, in what we call employer collaboratives (Strategy 1). These collaboratives focus on identifying what factors or unfilled positions are inhibiting them from growing their businesses (Strategy 2) and what kinds of skills are needed to fill those positions (Strategy 3). The collaboratives also examine where employers are getting their talent and whether those training and education partners have the ability to fill the needed demand (Strategy 4). From there, the TPM approach notes how to use the talent pipeline data collected to encourage their training partners to become more responsive to employer needs (Strategy 5). The process ultimately provides a smoother and more successful transition to employment for learners. . . . The process ultimately provides a smoother and more successful transition to employment for learners. . . . The strategies were not created in a vacuum. The original TPM network of business-led organizations tested our theories and provided the invaluable feedback that led to the creation of the TPM Academy. The Academy is a train-the-trainer model that unpacks the TPM strategies into a curriculum that participants can apply to projects in their own communities. Since October, USCCF has welcomed 44 participants from across the country, representing chambers of commerce, economic development agencies, and trade associations. These business-facing leaders are interested in solving skills gap challenges in industries like health care, manufacturing, energy, transportation, food production — you name it. Curriculum and online tool In concert with the curriculum and in response to our original network’s feedback that a central platform was needed to execute these strategies, we have created an online tool that will allow the host organization to easily communicate with its employer partners. The curriculum and the web tool will be available to the public this summer because USCCF and Strada Education are strong believers in sharing resources and getting feedback on how to improve. We hope providing this information will build our arsenal of business-led examples demonstrating how to improve pipelines and benefit learners, training and education provider partners and employers. TPM has demonstrated the ability for employers to take a heightened leadership role in managing their relationships with each other and with training and education providers. But we don’t claim to have found the silver bullet or that, once executed, TPM will be the answer to all of our prayers. It is a process meant to be re-evaluated and modified based on the assumption that employer needs will change, and with those changes will come the opportunity to create more crystal clear pathways for learner success (Strategy 6). And we won’t stop here. Plans for the future Next up is an opportunity to build statewide TPM academies. This step will expand our reach while taking into account state policies that impact employer-led initiatives to close the skills gap. We will have the opportunity to test this approach with a number of states that have bought into the process and are ready to share the knowledge with their employer partners. TPM has spurred our thinking about how employers can share with the public information about providers of education and training that successfully prepare learners. We also are interested in establishing a central platform for employers to communicate their changing competency and credential requirements via a job profile registry. The future is bright for the evolution of talent pipelines. Stay tuned. Group 13 Group 11 Group 12 To create a PDF of the webpage, choose in opened window 'Save as PDF' option in 'Destination' select or something like that and click to save or print button. Got it Jaimie Francis Director, Programs and Operations US Chamber of Commerce Foundation Center for Education and Workforce Learn More In the news from Strada July 24, 2024 Clear Outcomes: An Interview With Strada Chief Data Ecosystem Officer Jon Furr Education-to-employment data help individuals make informed decisions about college and workforce training. Strada Article Clear Outcomes State Opportunity... ... June 26, 2024 Mentors ease path to students’ first jobs Mentors in Tech recruits tech industry veterans from the region’s robust tech industry to mentor students at the area’s small, affordable, open-access colleges. 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