regional workforce development in southeastern wisconsin
DESCRIPTION
Regional Workforce Development in Southeastern Wisconsin. Workforce Innovation in Regional Economic Development. Generation 1 = Red Generation 2 = Grey Generation 3 = Gold. Total of 39 WIRED Regions funded by US Department of Labor Employment and Training Administration. - PowerPoint PPT PresentationTRANSCRIPT
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Regional Workforce Development in
Southeastern Wisconsin
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Generation 1 = RedGeneration 2 = Grey Generation 3 = Gold
Workforce Innovation in Regional Economic Development
Total of 39 WIRED Regions funded by US Department of LaborEmployment and Training Administration
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November 15, 2006
Source: Excerpt from letter to WIRED Regional Leads, November 15, 2006 Asst. Secretary Emily Stover DeRocco
Workforce Innovation in Regional Economic Development
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Source: Letter to WIRED Regional Leads, November 15, 2006 Asst. Secretary Emily Stover DeRocco
Elements of Workforce Investment System Transformation
Workforce Innovation in Regional Economic Development
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Source: Letter to WIRED Regional Leads, November 15, 2006 Asst. Secretary Emily Stover DeRocco
Workforce Innovation in Regional Economic Development
Elements of Workforce Investment System Transformation
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▲ Align the education, economic development and workforce systems with a focus on the talent pipeline:
1. Cultivate workforce talent,2. Deliver demand-driven talent
development services, and3. Catalyze systems integration for
seamless solutions.
▲ Target investment in M7 driver industries - every driver industry job creates 5 other jobs in the economy
Align for a Regional Win
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Workforce Innovation Fund of $2.5 million total by RWA for Milwaukee 7 Region
To be announced at April 11, 2008
Workforce Innovation Forum event
A Different Mindset from Traditional FundingGrant InvestmentDeficit-based Asset-basedFunder at arms’ length Funder as co-innovatorRisk-adverse Risk-tolerant
Highlights of RWA’sWorkforce Innovation Fund
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Three Funding Tiers
1. Exploratory Investments: $250,000 total for awards up to $20,000Supports research & development and partnership formation through a small investment to develop concept
2. Demonstration Investment: $1 million total for awards up to $100,000 Supports innovative pilot program or training
3. Implementation Investment: $1.25 million total for awards up to $250,000Brings innovative pilot program or training to a regional scale, leverages / coordinates with additional funding sources
Highlights of RWA’sWorkforce Innovation Fund
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Demand Side
For Employers
One point of contact via Milwaukee 7 website
Demand-driven business services
Proactive in forecasting, yet as responsive as possible to immediate workforce needs
Implement industry council workforce strategies
Innovative pilot projects
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Supply Side
For Job Seekers
Recreate the talent pipeline by funding innovative approaches
Prepare more to enter Science, Technology Engineering, and Math fields
Collaborate across K-16 education following Milwaukee 7 economic framework
Promote careers in driver industries
Local pilot programs for specialized needs
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Transformation
Workforce Infrastructure
Workforce system transformation
Alignment of workforce board training funds
Connection with private foundation investments
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Milwaukee 7
RWA Steering Committee
Next Generation Manufacturing
Water Industries
Financial Services(Feb 2008)
M7 Industry Councils
Demand Side Supply Side
Workforce Development Board (WDB)
K-16 Education
Committees
Chief elected officials from 7 counties
Ad hoc (TBD)
Staff
Milwaukee 7
RWA Steering Committee
Next Generation Manufacturing
Water Council
Financial Services(Feb 2008)
M7 Industry Councils
Demand Side Supply Side
Workforce Development Board (WDB)
K-16 Education
Committees
RWA Leadership Team
RWA Oversight Board
Ad hoc (TBD)
Regional Workforce Alliance Governance Structure