In this episode of This Week In Workforce Development I discuss three ways to increase employment of grant training programs. I spend a ton of time talking with various workforce development leaders and one of the most common concerns voiced by these leaders, is the misalignment between what skills workforce providers are training and what skills employers are actually buying. It’s a very simple supply vs demand conundrum.
In this episode I go over why this mismatch is occurring an three simple steps that can be taken to improve training reemployment outcomes.
Here is a copy of the deck.
1. Spending too much money on training not resulting in reemployment.
2. Employers not taking advantage of the workforce system
3. Taking too long to reemploy clients
1. Workforce Development still operates in a Supply-Driven model.
2. Reliance on outdated or inaccurate labor market information
3. A lack of engagement with employers
4. A lack of understanding of the hiring process
1. Conduct your own real-time labor market research
2. Secure employer buy-in to the process prior to starting any new training program
3. Understand the employers hiring process, and consult with them to remove any bottlenecks
With unemployment remaining above 7% and with many of our urban centers struggling with long term high unemployment, we must look for innovative strategies to streamline the process and improve outcomes across the board. This requires a transformation in the way we look at ROI for workforce development training program, with a renewed focus on employment outcomes closer to 85-100% for every training program. These numbers are achievable with the right processes, technology and passionate people committed to driving change within the system.
What do you think? Please feel free to share your thoughts and feedback.