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Making Data Functional: Strategic Advantage

This presentation explores how integrating data from various sources can provide a strategic advantage. It covers economic forecasting, educational analysis, career pathways, and more.

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Making Data Functional: Strategic Advantage

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  1. Making Data Functional: Strategic Advantage Gabriel Rench, Director of Business Solutions, CCbenefits, Inc. David Andrus, Director, Del Mar College Office of Institutional Research and Effectiveness TAIR Conference, February 5, 2008

  2. Strategic Advantage • Integrates data from over 80 data sources • Maps user-defined regions from national down to county and ZIP Code level • Data is updated biannually • Disaggregates and unsuppresses national and state-level data • Provides 10-year projections

  3. Strategic Advantage • Economic Forecaster tools: Industry, Occupation, Demographics, Economy Overview • Economic Impact tools: Cluster, Industry, State of the Economy • Educational Analyst tools: Programs, Peer Comparison, Career Clusters, Educational Capital • Career Pathways tools: Competency Analysis, Transition Workers, Occupational Analysis

  4. Strategic Advantage Assessing workforce demand for a single program : Program Review Report • Select Educational Analyst module • Select Region • Create custom program profile or select programs as you go • Select Program Review • Select Education range • Run program

  5. Strategic Advantage Program Review Report outputs: • Start/End Year Jobs: Total jobs (published or projected, depending on the year) in all the occupations currently mapped to the program • Annual Openings: Annual average of both new and replacement jobs over the timeframe. • EPW: Median hourly earnings per worker for all occupations mapped to the program. • Total/% Change: The change in total employment from the start year to the end year of the timeframe. • Change comparison: The percentage difference between jobs change for the program’s occupations and all occupations in the region.

  6. Strategic Advantage How to Find High-Wage, High-Growth Programs with High Workforce Demand: High-Wage, High-GrowthPrograms Report • Select Educational Analyst module • Select Region • Select programs • Select Occupation Source • Select Education Range • Select Limit (e.g., Top 30) • Run program

  7. Strategic Advantage High-Wage, High-Growth Report outputs: • Occupations Ranked by Wage and Growth: Total jobs (published or projected, depending on the year) in all the occupations currently mapped to the program • Occupations Ranked by Wage: The bubble graph and table show occupations with highest median hourly wages. • Occupations Ranked by Growth: The bar graph and table show occupations with largest projected change in total employment.

  8. Strategic Advantage How to Analyze Basic Population Demographics: Demographic Report • Select Economic Forecaster module • Select Region • Select Demographics • Select Growth Period (e.g., 2007-2017) • Select Demographic Breakdown • Select Demographics • Run program

  9. Strategic Advantage Demographic Report outputs: • Age: graphs and tables • Race/Ethnicity: graphs and tables • Gender: graphs and tables

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