PHILADELPHIA â€“- As President Obama calls for new job creation that wonâ€™t raise the national budget deficit, an opportunity exists for the private and public sectors to work together. The University of Pennsylvaniaâ€™s Fels Institute of Government lays out six proven strategies to help governments, businesses and workers successfully address the jobs problem in a new report, â€śSolving the Skills Crisis: Promising Practices for Talent Pipeline Development.â€ť
Funded with support from the Annie E. Casey Foundation, the report highlights strategies to build a talent-development pipeline:
- Onboarding -- teaching new employees about the organization and how their position fits into the overall scheme of the company.
- Learn and earn â€“ combining paid work with education that leads to a credential.
- Mentorship -- providing readily accessible veteran employees to guide newer workers.
- Public/private intermediaries -- leveraging the resources of other businesses, non-profits and government organizations to provide services and resources.
- Work/life support -- addressing employeesâ€™ personal issues to decrease turnover.
- Career coaches -- designating an individual to guide employees through the various stages and opportunities of the talent-development pipeline.
Based on site visits with more than a dozen American employers and interviews with more than 60 economic, governmental and business leaders, the new report features real-life narratives and concrete advice about replicable and scalable strategies to create and retain a quality workforce while reducing turnover, increasing productivity and creating new job openings.
In addition to the site visits and interviews, the report features a scalability index that business can use as a checklist to decide which strategies can be successfully implemented. Numerous case studies for each strategy illustrate the real-world value for decision makers of adopting the tactics in the public and private sector.
Sam Williford, one of the Fels-report authors, said, â€śAt a time when so many people are struggling, itâ€™s exciting to see companies engaging in practices that are good for business, workers and the public sector.â€ť
â€śSolving the Skills Crisis: Promising Practices for Talent Pipeline Developmentâ€ť is the latest in Felsâ€™ ongoing Promising Practices series, a compilation of briefs that provide public-sector leaders and managers with effective, practical and innovative information on public management topics. The full report is available at http://www.fels.upenn.edu/job-centered-economic-development.