Talent Pipeline Management: An Innovative Workforce Strategy to Build a Diverse Talent Supply

Description

Today, employers in Minnesota and other regions are experiencing key labor shortages because they can’t find employees and talent with the education and skills they need to sustain and grow their businesses. With the accelerating pace of change in skills needed by employers worsening the skills gap, they are looking for effective solutions that deliver an ROI and build stronger, more diverse talent pipelines.

RealTime Talent (a public-private collaborative in Minn.) and UpSkill Houston (an initiative of the Greater Houston Partnership in Texas) are using a proven approach that ensures employers play an expanded leadership role as “end-customers” of education and workforce partnerships. This method, called Talent Pipeline Management® (TPM), was developed by the U.S. Chamber of Commerce Foundation to assist groups of employers in creating talent pipelines that address their pain points and provide the talent they need. Learn how labor market data informs how to tackle these issues.

Learning Outcomes

• Identify how to use TPM strategies to build diverse talent pipelines
• Describe how employer-led collaborative align education and community partners with employer needs to promote value for all involved, especially students and workers
• Recognize primary pain points TPM strategies can address