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Regional Workforce Development in Southeastern Wisconsin

Regional Workforce Development in Southeastern Wisconsin. Workforce Innovation in Regional Economic Development. Generation 1 = Red Generation 2 = Grey Generation 3 = Gold. Total of 39 WIRED Regions funded by US Department of Labor Employment and Training Administration.

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Regional Workforce Development in Southeastern Wisconsin

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  1. Regional Workforce Development in Southeastern Wisconsin

  2. Workforce Innovation in Regional Economic Development Generation 1 = Red Generation 2 = Grey Generation 3 = Gold Total of 39 WIRED Regions funded by US Department of Labor Employment and Training Administration

  3. Workforce Innovation in Regional Economic Development November 15, 2006 Source: Excerpt from letter to WIRED Regional Leads, November 15, 2006 Asst. Secretary Emily Stover DeRocco

  4. Workforce Innovation in Regional Economic Development Elements of Workforce Investment System Transformation Source: Letter to WIRED Regional Leads, November 15, 2006 Asst. Secretary Emily Stover DeRocco

  5. Workforce Innovation in Regional Economic Development Elements of Workforce Investment System Transformation Source: Letter to WIRED Regional Leads, November 15, 2006 Asst. Secretary Emily Stover DeRocco

  6. Align for a Regional Win • Align the education, economic development and workforce systems with a focus on the talent pipeline: • Cultivate workforce talent, • Deliver demand-driven talent development services, and • Catalyze systems integration for seamless solutions. • Target investment in M7 driver industries - every driver industry job creates 5 other jobs in the economy

  7. Highlights of RWA’s Workforce Innovation Fund Workforce Innovation Fund of $2.5 million total by RWA for Milwaukee 7 Region To be announced at April 11, 2008 Workforce Innovation Forum event A Different Mindset from Traditional Funding Grant Investment Deficit-based Asset-based Funder at arms’ length Funder as co-innovator Risk-adverse Risk-tolerant

  8. Highlights of RWA’s Workforce Innovation Fund • Three Funding Tiers • Exploratory Investments: $250,000 total for awards up to $20,000Supports research & development and partnership formation through a small investment to develop concept • Demonstration Investment: $1 million total for awards up to $100,000 Supports innovative pilot program or training • Implementation Investment: $1.25 million total for awards up to $250,000Brings innovative pilot program or training to a regional scale, leverages / coordinates with additional funding sources

  9. Demand Side For Employers One point of contact via Milwaukee 7 website Demand-driven business services Proactive in forecasting, yet as responsive as possible to immediate workforce needs Implement industry council workforce strategies Innovative pilot projects

  10. Supply Side For Job Seekers Recreate the talent pipeline by funding innovative approaches Prepare more to enter Science, Technology Engineering, and Math fields Collaborate across K-16 education following Milwaukee 7 economic framework Promote careers in driver industries Local pilot programs for specialized needs

  11. Transformation Workforce Infrastructure Workforce system transformation Alignment of workforce board training funds Connection with private foundation investments

  12. RWA Oversight Board Milwaukee 7 Milwaukee 7 Chief elected officials from 7 counties RWA Steering Committee RWA Steering Committee RWA Leadership Team Demand Side Demand Side Supply Side Supply Side Staff Committees Committees M7 Industry Councils M7 Industry Councils Workforce Development Workforce Development Next Generation Next Generation Board (WDB) Board (WDB) Manufacturing Manufacturing Water Council Water Industries K K - - 16 Education 16 Education Financial Services Financial Services Ad hoc (TBD) Ad hoc (TBD) (Feb 2008) (Feb 2008) Regional Workforce Alliance Governance Structure

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