Posted by: By: Bruce Stephen, Research Manager at Monster Government Solutions
In previous posts here at Unleash the Monster, we discussed the concept of a high-performance workforce, a regional workforce trained in the skills and abilities needed to perform the in-demand and available jobs in their region.
We’ve talked about the three steps needed to make a region’s workforce a high-performance workforce. These steps include: getting informed, getting educated and getting employed.
Some of the suburbs around New York City are on their way to a high-performance workforce thanks in large part to the WorkPlace, Inc., Southwestern Connecticut’s Regional Workforce Development Board, which helps people prepare for careers and strengthens the workforce for employers.
The WorkPlace, Inc. is also grant manager and fiduciary for a bi-state Workforce Innovation in Regional Economic Development (WIRED) region that covers southwestern Connecticut; Westchester County, Putnam County, and the City of Yonkers in New York. As part of its WIRED grant, The WorkPlace, Inc. commissioned Monster Government Solutions (MGS) and its partners, Thomas P. Miller Associates and ERISS, to get informed about the state of their workforce. This was originally intended to research long-term talent shortage and talent outflow. However, the recession and its impact on the financial industry soon changed the plan.
With a large population of now-unemployed workers from the financial services industry, the region was hard-pressed to create actions and plans to address this new critical situation. The region turned in part to the regional workforce plan, asset map and skills gap analysis produced by MGS and its partners for insight into the trends in the marketplace and help them plot a path of action.
This research, including MGS real-time labor intelligence, has since been used by the WorkPlace, Inc. and its partners to help direct investments in workforce development. The research even exposed an employee shortage in the IT market, which has led to a focus in the training and development of IT skills and abilities in the workforce to help get people back to work.
By utilizing WIRED grants and federal funding to get informed, get educated and get employed, the CT-NY Talent for Growth region is on the fast track to a high-performance workforce, economic growth and development.
For additional information on how your region can transform its workforce into a high-performance workforce, check out the Unleash the Monster State & Local Resource Center, which contains multiple useful documents, including:
How can Monster help you to create the high-performance workforce?
Wed, Jun 2, 2010
State & Local