For years, there has been a disconnect between what businesses want new employees to know before they show up for work and what the applicant pool actually knows. The TPM initiative puts employers in the driver’s seat of workforce partnerships for demand-driven workforce solutions. And it’s working for states like Houston, Kansas, and Kentucky, with success stories from Michigan, Illinois, Virginia, and Arizona soon to come.
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The global economy has undergone a transformation that has shaped our lives in ways that we are only now starting to understand. This paper calls on businesses, workers, and the government to embrace the good and the bad of our new economy, analyze the challenges we face, and identify the roles and the solutions that will lead to a path forward.
MAGNET, an Ohio MEP that recognized the growing need for high school graduates with STEM skills in order to sustain the manufacturing economy in Ohio, created an employer-led pre-apprenticeship program aligned with the Ohio Department of Education College and Career readiness graduation standards, and partnered with local public education and local employers.
While technical skills are often industry-specific, soft skills such as professional communication, critical thinking, collaboration, and time management are valued by employers across sectors. The importance of these skills is widely acknowledged; yet, they are not taught with consistency or given prioritization.
Now that employer collaboratives have completed the first five steps of Talent Pipeline Management (TPM), they have the information needed to improve their ROI and respond to the needs of the collaborative through a continuous improvement process.
Building on lessons learned, the U.S. Chamber of Commerce Foundation has organized a TPM Academy that is focused on developing the capacity of business organizations seeking to organize employer members and orchestrate talent supply chains. The TPM Academy is supported by this curriculum.
Public and private sector leaders in Kansas have adopted the Talent Pipeline Management approach to scale its Workforce AID initiative.
Step five of implementing a talent pipeline management strategy is to build the pipeline itself.
A new partnership between the U.S. Chamber of Commerce Foundation and Lumina Foundation that will explore how new public-private data infrastructure can allow for better data flow in the education sector.
Talent Pipeline Management involves determining where your current best employees received their education or credential.