Economic Prosperity November 19, 2015

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1 Economic Prosperity November 19, 2015

2 Welcome Dan Piepszowski Detroit Regional Chamber 2 2

3 Creating a Talent Ecosystem for Southeast Michigan Lisa Baragar Katz, Executive Director, Workforce Intelligence Network (WIN) of Southeast Michigan 3 3

4 Working smarter. together Leadership Detroit November 19, 2015

College Macomb Community College Monroe County Community College Mott Community College Schoolcraft College St.

Agencies Livingston County Michigan Works!

Oakland County Michigan Works! Southeast Michigan Community Alliance Washtenaw County Michigan Works!

5 What is WIN? Data & research guided employer strategies and policy Community Colleges Henry Ford College Oakland Community College Macomb Community College Monroe County Community College Mott Community College Schoolcraft College St. Clair County Community College Washtenaw Community College Wayne County Community College District Michigan Works! Agencies Livingston County Michigan Works! Detroit Employment Solutions Corporation Genesee-Shiawassee Michigan Works! Macomb St. Clair Michigan Works! Oakland County Michigan Works! Southeast Michigan Community Alliance Washtenaw County Michigan Works! Funders WIN Board Members New Economy Initiative W. K. Kellogg Foundation Kresge Foundation J. P. Morgan Chase U.S. Economic Development Administration U.S. Department of Labor ETA U.S. Department of Energy U.S. SBA NNMI (U.S. Dept of Navy) Michigan Economic Development Corporation Wayne County EDGE Others

6 WIN aligns around the following mission and goals To create a comprehensive and cohesive workforce development system in Southeast Michigan that provides employers with the talent they need for success. Data Employer Engagement Policy

7 Data a basis for collaboration? Shift the narrative Make better investments Talk to the right people Change policy

8 This was our narrative

We use data to make THIS our narrative TOTAL POSTINGS 78,125-22.3% share, 605k employed TOTAL POSTINGS 12,006-3.

9 We use data to make THIS our narrative TOTAL POSTINGS 78, % share, 605k employed TOTAL POSTINGS 12, % share, 100k employed TOTAL POSTINGS IN 2014: 350, million employed TOTAL POSTINGS 23, % share, 79k employed TOTAL POSTINGS 43, % share, 72k employed TOTAL POSTINGS 36, % share, 229k employed

10 Make better investments Job openings in skilled trades (2014)

11 Make better investments

12 What s the matter with Owen?

13 Rank Occupation Top Manufacturing Industry jobs - SE Michigan YTD Job Postings FY 2010 WIN Region Job Postings Q Q32015 WIN Region %change 1 Software Developers, Applications 813 4, % 2 Mechanical Engineers 646 3, % 3 Electrical Engineers 363 2, % 4 Manufacturing Engineers 360 1, % 5 Industrial Engineers 293 1, % 6 Production Workers, All Other 149 1, % 7 Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific 573 1, % 8 Maintenance and Repair Workers, General 245 1, % 9 First-Line Supervisors of Production and Operating Workers 259 1, % 10 Laborers and Freight, Stock, and Material Movers, Hand 106 1, % 11 Commercial and Industrial Designers 305 1, % 12 Managers, All Other 278 1, % 13 Computer Systems Analysts 289 1, % 14 Inspectors, Testers, Sorters, Samplers, and Weighers % 15 Machinists % 16 Sales Managers % 17 Merchandise Displayers and Window Trimmers % 18 Civil Engineers % 19 Business Intelligence Analysts % 20 Software Developers, Systems Software %

14 Talk to the right people

15 Talk to the right people

a strong network of individuals with various organizations.

16 Talk to the right people Government Community based organization Attribute Economic development WIN staff Association Higher education Workforce development This map shows a strong network of individuals with various organizations. Workforce development is close to the core, with higher education and community-based organizations along the periphery.

17 Talk to the right people

18 Talk to the right people

19 Change policy

20 Change policy In the United States, every day there are 10,000 new baby boomers who reach retirement age.

21 Change policy This will be the case every day for the next 16 years.

22 Change policy

23 Change policy Share of Total Southeast Michigan Projected Job Gains ( ) 100% Fewer jobs require only high school There will be negative growth in jobs that do not require any post-secondary training. Jobs for workers with a high school education or less are disappearing. 90% 80% 70% 5,256 Non-Mid Skill, Non-BA or higher, Non-High School 7,605 new mid-skill jobs in next 5 years Middle-skill jobs will be 37% of all job growth in the region in the coming 5 years. 60% 50% 40% 30% 7,752 Share BA or Higher Middle Skills 20% 7,605 Post-secondary training is a must 10% 0% 2014 to 2019 Projected Growth Training past high school is a must for all growing occupations, but 4-year degree attainment is not necessarily the goal. Data: EMSI Analysis: Workforce Intelligence Network

24 College conundrum 46% of college graduates feel they are prepared for the workforce upon graduation. Only 36% of employers agree. In key skills (communication, critical thinking, teamwork) fewer than 15% of employers feel students are wellprepared.

25 INTRODUCING.

26 THE PROGRAM

28 WEBSITE: win-semich.org Thank You!

29 Regional Partners Drive Opportunities for Growth Maureen Krauss, LDXXX, VP of Economic Development and Business Attraction, Detroit Regional Chamber Peter Auger, City Manager, City of Novi Ric DeVore, Regional President Detroit & Southeast Michigan, PNC Financial Services Group 29 29

30 Business Attraction Overview Maureen Krauss, Vice President Economic Development - Business Attraction Detroit Regional Chamber

Detroit Regional Chamber Overview The Detroit Regional Chamber is the premier business development organization dedicated to improving the economy of Southeast Michigan.

31 Detroit Regional Chamber Overview The Detroit Regional Chamber is the premier business development organization dedicated to improving the economy of Southeast Michigan. Serving business for more than 100 years, the Detroit Regional Chamber is one of the oldest, largest and most respected chambers of commerce in the country. Mission: Creating opportunities for the business community. 31

32 Our Mission Business Attraction Attracting jobs and capital investment from all corners of the globe Market the Detroit Region s assets to global companies, industry associations and government agencies Serve as a starting point for companies looking to access information about the Detroit Region and act as a connector to key local partners Act as a project manager for companies as they explore setting up operations in the Detroit Region 32

Key Services Business Attraction Connections to government leaders, business partners and sales agents Market intelligence - business costs, infrastructure and workforce Referrals to technical

33 Key Services Business Attraction Connections to government leaders, business partners and sales agents Market intelligence - business costs, infrastructure and workforce Referrals to technical specialists tax, legal, finance, development, etc. Provide guidance on site location and real-estate Sources for capital and financing, tax credits and workforce training dollars Access to supply chain to meet procurement needs Our services are free and confidential 33

A United Region A consortium of economic development agencies from 11 counties and the City of Detroit The Chamber serves as the coordinator for domestic and international firms exploring the region

34 A United Region A consortium of economic development agencies from 11 counties and the City of Detroit The Chamber serves as the coordinator for domestic and international firms exploring the region Additional partners include DTE Energy, educational institutions, the Michigan Economic Development Corporation and key regional service providers The Chamber s territory covers 275 cities over 7,062 square miles 34

35 Our Regional Guiding Principles Protocol Branding Targeted Industries 35

36 Talent Highest concentration of engineers in the United States Over 350,000 IT Professionals 16 higher education institutions, with over 260,000 students enrolled Over 133,000 students enrolled in our Region s 9 community colleges 36

37 Global Almost 1,300 foreign firms from 38 countries Busiest border crossing in North America with Canada 25,000 foreign students studying in Michigan s colleges and universities Michigan businesses exported $51 Billion in goods and services in ,000 foreign born individuals reside in Michigan The infrastructure for foreign firms to succeed 37

38 Innovation Rich history of innovation More than 120 foreign auto firms have engineering, R & D or technical centers here All 6 of the world s largest OEMs have research facilities in the region The University Research Corridor is ranked third among Innovation Clusters in life sciences R & D spending in the United States US Patent Office opened this summer 38

39 Thank You Maureen Krauss, VP Economic Development Business Attraction

40 Translating University Research Into Public Benefit Stephen M. Lanier, Ph.D., Vice President for Research, Wayne State University 40 40

41 Detroit Economic Development Update Olga Stella, LDXXVII, Chief Operating Officer, Detroit Economic Growth Corporation 41 41

42 Philanthropy Cultivating Innovation and Expanding Opportunity Pamela Lewis, Senior Program Officer, New Economy Initiative 42 42

50 GRANTMAKER

51 PROGRAM DEVELOPER

53 What Does it Take?

54 CONVENER

55 NEI by the Numbers COMPANIES CREATED BY CLIENTS OF NEI GRANTEES COMPANIES CREATED WITH MINORITY OWNERS 1,600 40% PERCENT OF COMPANIES IN HIGH TECH SPACE COMPANIES CREATED WITH WOMEN OWNERS 25% 30%

59 District Detroit Briefing Fox Theatre Rooftop Steve Marquardt, Olympia Development of Michigan LLC Doug Diggs, LD XXIII, Heritage Realty Sean Hollister, Barton Mallow Company 59 59

The Economic Impacts of the New Economy Initiative in Southeast Michigan

pwc.com/us/nes The Economic Impacts of the New Economy Initiative in Southeast Michigan The Economic Impacts of the New Economy Initiative in Southeast Michigan June 2016 Prepared for The Community Foundation