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Get’em While They’re HOT!. Facing the Labor and Skill Shortage Implications For Your Organization Dr. Tony Zeiss. Wake Up Call. # 1 Threat To The Economy. Lack of Skilled & Productive Workers Alan Greenspan. # 1 Threat To Your State (Your Community). Lack of
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Get’em While They’re HOT! Facing the Labor and Skill Shortage Implications For Your Organization Dr. Tony Zeiss
# 1 Threat To The Economy Lack of Skilled & Productive Workers Alan Greenspan
# 1 Threat To Your State(Your Community) Lack of Skilled & Productive Workers
“America is facing the greatest labor & skills shortagein its history!”
Hard Facts • 10 million worker shortage in 2011. • U. S. Bureau of Labor Statistics • A crisis in finding skilled labor. • National Association of Manufactures; Senator Tom Harken • Health care providers & public schools are desperate for skilled labor~ -Get’em While They’re Hot Dr. Tony Zeiss
Hard Facts • Baby boomers are retiring. • Succeeding generations are smaller. • Low skilled jobs are becoming obsolete or moving offshore. • Higher skilled jobs are replacing lower skilled jobs. • America’s talent pool is decreasing; China’s & India’s are increasing. • Evolving leadership gap.~
Projected Growth in Supply and Demand of Workers With Some Postsecondary Education, 1998 to 2028 Source: D. O. L. Education Required Source: Bureau of Labor Statistics, U.S. Census Bureau and National Alliance of Business
Hard Facts • U. S. is losing manufacturing jobs. • 80% of creativity & innovation. • We must continue to be creative & innovative. • Jobs of the Future require higher skills & knowledge. • 40% to 60% of jobs in 2015 don’t exist~
Creating Change • Build Trusting Relationships • Create Anxiety, Need • Paint Clear Vision To Fix It • Tap Into Organization’s Core Values
Creating Change • Use Strengths and Pride of Organization • Use Reward Systems That Work • Communicate • Arouse Passion • Be Consistent~
Good News • Those organizations that prepare for the labor & skill shortage will do well! • Providing a reliable supply chain of skilled workers is critical (and can be done). • Only 21% of jobs in America require bachelors or higher degrees.
Good News • 75% of jobs in America require training beyond high school, but below 4 year degrees. • Most outsourced corporate education is provided by community colleges. • Community Colleges are driving much of the economy (A great source of skilled employees; very responsive).
Good News Smart organizations are discovering how to: I. Attract II. Develop III. Retain Peak Performers for future success!
I.Attracting Peak Performers • Establish great reputation for a good place to work. • Establish a reliable worker supply chain. • Provide competitive salary and benefits. • Closely match candidates’ abilities & interests to the job profile.~
Sources of New Workers • Emerging Workers • Recent high-school dropouts • Chronically unemployed (often Illiterate) • New high-school graduates • Adults entering work for the first time • Immigrants • Disabled (entering work for the first time) • Existing Workers • Currently employed • Currently underemployed
Sources of New Workers • Transitional Workers • Dislocated workers • Workers changing jobs or careers • Recently separated veterans • Retirees (Baby Boomers) • Retirees seeking new jobs • Retirees seeking part-time work
Impact of Life-long Learners & “Retiring” Baby Boomers • Life Expectancy was 47 in 1900; today: 80. • Retirement age will likely increase. • Economic changes will require more frequent training opportunities. • “Retiring Baby Boomers will need education and training. June 10 Newsweek Article
II. Developing Peak Performers • Provide effective & relevant training for all employees. • Provide effective motivation for all employees. • Provide a supportive & caring environment.
Employee Motivators • Recognition • A sense of belonging • A sense of significance & personal growth • Fair compensation tied to achievement & productivity~
Help Employees become “Off the Charts” Performers
Build Your Own Ladder • Vision • Thought • Influence • Reciprocity -Zeiss, 2007 -Zeiss, 2007
A. Power of Vision POWER OF VISION + WILL TO SUCCEED = SUCCESS
Greatest Predictor of Career Success “Personal Vision”
Thoughts Belief Action Optimistic or Pessimistic Reactive or Anticipatory
“Remember, whether you think you can or you can’t, you’re right.” -Henry Ford
Peak Performer’s Needs Three Essential Skill Sets: • Academic • Technical • Social
Power of InfluenceSocial 9. Law of Learning • Law of Self-Confidence • Law of Organization • Law of Results
Power of InfluenceSocial • Law of Problem Solving • Law of Team Work • Law of Work Ethic • Law of Communication
Thoughts Belief Action Old John
D. Power of Reciprocity “We Reap What We Sow”
III. Retaining Peak Performers • First, hire the right people for the job. • Treat them with respect, trust, and do what you promise. • Understand why you lose good employees.~
Why Employees Leave • Distrust • Little or no recognition • Little sense of purpose • Inadequate compensation • Poor work environment • Poor supervisors • Job insecurity • Undervalued~
What They Want • Personal amenities like daycare, fitness centers, etc. • Competitive pay. • Opportunities for career growth. • Flexible schedules. • Friendly, inclusive environment.~
Promote Leadership Leadership: “The Ability To Influence Others To Achieve A Desired Objective.”
To Be the Best, Ask this Question: “How would I compete with myself, my department, my company?”
This Power Point Presentation is located at:www.cpcc.edu About the College President’s Office PresentationsGet’em While they’re Hot and Build your Own Ladder are available at: Amazon.com Thomasnelson.com