The Future of Economic Development: Talent Rules - Randy Thelen (1.22.13)

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The Future of Economic Development: Talent Rules - Randy Thelen (1.22.13)

  1. 1. Randy Thelen President Lakeshore Advantagerandy.thelen@LakeshoreAdvantage.com
  2. 2. Roller Coaster Economy! Ottawa County 2006-201218,000 15,62316,00014,00012,00010,000 7,230 6,892 Unemployment 8,000 6,000 4,000 2,000 0 2006 2007 2008 2009 2010 2011 Nov-12 Michigan Labor Market Information, Data Explorer. State of Michigan, 2013. Web. <http://milmi.org/cgi/dataanalysis/labForceReport.asp?menuchoice=LABFORCE>.
  3. 3. Synchronist• 200 Companies are visited annually• 47 Question Survey• Best local economic knowledge available Data > Anecdotes!
  4. 4. Value/Growth Value Growth Matrix 120 100 80Growth 60 40 20 0 0 10 20 30 40 50 60 70 80 Value Source: Synchronist Business Information System. 2012 For reuse, contact Lakeshore Advantage.
  5. 5. Long Term• Ready for School – Pre-K Focus – Every child will be prepared for school – Reading - Centric – Schools, Churches, Hospitals, and Businesses are partnering
  6. 6. Intermediate• Programs from Middle School - High School – Herman Miller Academy – Apprenticeships and Internships – ―Connections‖ / Middle College
  7. 7. Immediate• HelloWestMichigan.org• ReadyNow! – Michigan Works, Community College, Manpower – Rapid Rehiring Program – Response to ―No recent work history‖
  8. 8. • Ready Now continued – 1 Week – 3 days of training soft skills – 1 day of optional coaching – Guaranteed 2 Interviews – First program—56 of 97 participants hired!
  9. 9. • Ready Now continued (behind the scenes) – Provide an uplifting experience • Great venue • Great food • Great energy – Passionate partners – Read: ―A Framework to Undertanding Poverty‖ by Ruby Payne.
  10. 10. Thank You!

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