Using Strategic Compass As a Tool for Economic Development in

New York’s Creative Core

Problem: How to Measure Success?

Aged 50+ Workforce

WorkplaceDiversity &Inclusion

IncumbentWorkerSupport

UniversityCommunityPartnerships

Science, Technology, Engineering &Math (STEM)

WorkforceCredentialing

CareerMobility

Career &TechnicalWorkerTraining

LiteracyAcross theLifespan

Measuresand Modelsfor Success

J2J Leadership TeamJ2J Leadership TeamLead AgencyProject Office• Project Director• Support Staff

National Advisory

Board

National Advisory

Board

Feedback Loop for Continuous ImprovementFeedback Loop for Continuous Improvement

Growing Business, Aligning Talent Strategy for Transformation & Implementation

Actions:Actions: • DevelopDevelop entrepreneurship

• Create and alignCreate and align a continuum of education and training

• Increase Increase worker credentialing

• Build Build business capacity

• ApplyApply literacy contextualized to work

• Promote and expandPromote and expand business opportunities

• IncreaseIncrease regional awareness of economic drivers and related career pathways within/outside the region

• Align and leverageAlign and leverage regional capacity through replication and assessment

Strategy:Strategy: Develop, Develop, attractattractand retain and retain businessbusinessandandtalenttalent

Goal:Goal: Grow Grow BusinessBusinessIn In economic economic driversdrivers

EconomicEconomicDrivers:Drivers:

AdvancedAdvancedManufacturingManufacturing

InformationInformationManagementManagement

Biotechnology/Biotechnology/BioprocessingBioprocessing

EnergyEnergyandandEnvironmentEnvironment

HealthHealthCareCare

Develop, Attract & Retain Business and Talent

Develop, Attract & Retain Business and Talent

Strategy: Tool to Help with Alignment

Tool must answer 4 key questions:

1. Can employers access a readily accessible pool of employees?

2. Can job seekers identify current and emerging career/salary opportunities?

3. Can economic development, workforce development and education professionals identify appropriate applications of their resources and measure their ROI?

4. If not, can we identify and remediate the gaps?

Goal: Provide community with a means to use a common language and common data to drive strategic planning for economic development and workforce development.

Funding the Creative Core Pilot

CreativeCoreStrategic Compass Pilot

Metropolitan Development Metropolitan Development Association Association

Empire State Development Empire State Development CorporationCorporation

CNY Workforce CNY Workforce Investment BoardInvestment Board

Greater Syracuse Greater Syracuse Chamber of CommerceChamber of Commerce

Manufacturers Association Manufacturers Association of Central New Yorkof Central New York

Syracuse University-Syracuse University-University CollegeUniversity College

FUNDINGCORE TEAM PILOT

NYS Assemblyman NYS Assemblyman William Magnarelli provided William Magnarelli provided directed spending grant directed spending grant

CNY Community Foundation CNY Community Foundation provided additional funding provided additional funding for training, support, and for training, support, and evaluationevaluation

WIN Strategic Compass: Alignment Tool & Data Visualization

WIN Strategic Compass: Alignment Tool & Data Visualization

Educonomy Scan:• Industry analysis• Occupational analysis• Labor inventory• Skill gaps• Education gaps• Transferability skills

analysis

Policy & Program Scan:• Occupation-driven

instructional demand• College and career

readiness• Career pathways• Program and funding

alignment

ResultsThe Strategic Compass has allowed our region to:

1. Attract new business to our region identifying potentially relocating firms that make a “good fit” with our regions workforce.

2. Quickly and effectively access data from multiple data sources, in real time, through one portal at our desktops.

3. Look at SOC, NAICS and CIP across classifications and analyze information quickly and effectively.

4. Evaluate shifts in the job market.

ResultsThe Strategic Compass has allowed our region to:

5. Match skilled workers with the needs of local industries.

6. Prepare displaced workers for growing industries.

7. Allow higher education institutions to develop new or refine existing programs to match future business/career opportunities.

8. Secure grant awards, in part based on the data captured from the Strategic Compass.

9. Higher education institutions reviewing current CIP program codes associated with their current program classifications.

Developing, Attracting and Retaining Business and TalentDeveloping, Attracting and Retaining Business and Talent