U.S. Chamber Foundation Launches Upskill Academy to Improve Career Advancement
Arizona selected to deploy the first Talent Pipeline Management Upskill Academy to 20 business organizations from across the state
WASHINGTON, D.C. – The U.S. Chamber of Commerce Foundation today announced the launch of the first Talent Pipeline Management™ (TPM) Upskill Academy, an expansion of the TPM Academy™. The TPM Upskill Academy, developed with grant support from Walmart as part of its Retail Opportunity Initiative, will build on existing TPM resources to support employers in improving the skills of incumbent employees and preparing them for success in new and changing roles. Because employer training needs vary, the TPM Upskill Academy presents a customizable framework for employers to create solutions that directly address the challenges they face in building high-performing talent pipelines.
"In today’s economy, where 62% of executives believe they will need to retrain more than a quarter of their workforce between now and 2030, upskilling has taken on a new urgency,” said Cheryl Oldham, senior vice president of the U.S. Chamber Foundation’s Center for Education and Workforce. "We are excited to partner with the Greater Phoenix Chamber Foundation on this new phase of the TPM initiative where we will apply this proven approach to help employers develop talent pipeline solutions to improve career pathways for their existing workforce.”
The Greater Phoenix Chamber Foundation in Phoenix, Arizona has been selected to deploy the first regional TPM Upskill Academy to 20 executives representing business-led organizations from across the state. Participants will learn about and implement talent supply chain solutions, interact with close to 200 TPM Academy graduates, and access the TPM web portal, which activates six TPM strategies to streamline data collection and visualization.
"Workforce development and strengthening talent pipelines in Arizona’s key industries is a challenge that requires industry-led, collaborative solutions,” said Todd Sanders, president and CEO of the Greater Phoenix Chamber. "Upskilling and closing talent gaps is a statewide priority and our commitment to helping other organizations learn these skills will move all of us forward.”
The TPM Academy combines in-person and web-based trainings for state and local chambers, business associations, and economic development agency leaders to drive partnerships between employers and education and training providers based on industry need. Traditionally a training designed to walk business-led organizations through the process of implementing talent supply chain solutions for new employees, the U.S. Chamber Foundation worked with an advisory committee over three months to extend the training to include resources and processes for employers that want to support incumbent workers.
The U.S. Chamber of Commerce Foundation is dedicated to strengthening America’s long-term competitiveness. We educate the public on the conditions necessary for business and communities to thrive, how business positively impacts communities, and emerging issues and creative solutions that will shape the future. Our workforce development portfolio is transforming employer engagement in education partnerships, connecting workers with real pathways to the jobs that employers are trying to fill.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than three million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.