Joint Venture:

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• Joint Venture
• Update on the Regional
• Workforce Initiative
• Presented to the work2future
• Board
• June 18, 2009
• Josh Williams williams_at_jointventure.org
• Director, Workforce Initiative

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• A Regional Collaboration

• This initiative was created out of a
  collaboration between the three workforce
  investment boards in Silicon Valley and Joint
  Venture.
• Regional Stakeholders include leaders from
• Education
• Employers
• Workforce professionals
• Labor
• Academics, researchers and interested
  non-profits and social service agencies.

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The Costs of Creative Destruction

• How volatile is the demand for skills and
  occupations within our innovative economy and
  what are the costs of this turbulence on
  employers and workers?
• Are Silicon Valley educators prepared to train
  and develop current and new workers who must
  respond to the changing economic demand for new
  skills and education?
• What should Silicon Valley be doing to ensure
  that employers in our innovative economy will be
  able to find the workers they need within our
  region?

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The Aging Workforce

• How big is this wave of retirements and what
  impact could it have upon our regional economy?
• What industries and occupations will be most
  impacted by the retiring baby boomers and how are
  regional employers preparing for this wave of
  retirements?
• Are Silicon Valley educators prepared to train
  and develop the replacement workers that will be
  taking over as the baby boomers leave the
  workforce?
• What should the region be doing to ensure that
  this demographic wave does not swamp the regions
  economic well-being?

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Process for the Initiative I

• Phase One Define the challenges find
  agreement around Common Outcomes
• Develop agreement around common outcomes and
  identify ways to measure those outcomes.
• Phase Two Develop and Refine Strategies for the
  Regional Action Plan
• Establish a list of strategies that should be
  evaluated for the regional action plan.

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Process for the Initiative II

• Phase Three Regional Action Plan
• Identify and discuss the programs and activities
  that make up each strategy
• Develop a regional action plan that the region
  moves forward with

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Common Outcomes

• Outcome 1 Increase capability and capacity for
  adults to have access to skill building.
• Outcome 2 Raise the floor for workforce
  readiness with our low-skilled and/or low wage
  residents
• Outcome 3 Increase the pool of qualified
  applicants for targeted replacement job
  opportunities in the region.

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Strategy Development Groups I

• Regional Planning Coordination
• Technology tools and early warning system
• Regional forecast including industry advisory
  councils
• Regional agreements on training and reemployment
• Coordinating on skills development and research
• Entrepreneurs Self-Employment Training
• Looking at incorporating entrepreneurship
  training into current training programs and
  evaluating new opportunities to support
  strengthen self-employment
• Incumbent Worker Training
• Evaluating new professional workforce credentials
• Developing an industry shared resource incumbent
  worker training model

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Strategy Development Groups II

• Job training with Entry-level Employment
• Expanding current local programs to a regional
  level (including apprenticeship programs) that
  provide job training with entry-level employment
  and considering new models.
• Adult Workforce Training Education
• Finding common assessment mechanisms and
  workforce readiness certificates that are used
  and accepted region-wide.
• Developing integrated basic skills and vocation
  education that moves people quickly into industry
  specific employment (i-Best)
• Improving adult workforce training and education
  so it is faster, more flexible and more responsive

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Regional Stakeholders Meetings

• Final meeting is meant to review the Regional
  Action Plan and discuss what needs to be done to
  finalize the document and discuss next steps
  based on the recommendations from the study
• Thursday Sept. 24th, 9am to 11am (San Jose)

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