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The World is Flat: How Globalization is Changing the Workforce System


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TWC Conference Slides

Published in: Economy & Finance, Business

The World is Flat: How Globalization is Changing the Workforce System

  1. 1. “ The World is Flat” How Globalization is Changing Our Workforce System Session #1 Presented by: Leslie Sisk, Vice Chair, Tarrant County Workforce Development Board Judy McDonald, Tarrant County Workforce Development Board Robin Widing, The Widing Group Michele Roy Martin, The Widing Group
  2. 2. Competition for America’s Workers <ul><li>USA has 150 million workers, total. </li></ul><ul><li>Since 2000, 150 million educated new workers entered the workforce from China, India & Soviet Union. </li></ul><ul><li>Of engineering bachelor’s degrees awarded by the US in 1999, only 12% were from the US. </li></ul><ul><li>US HS dropout rate is 33% </li></ul><ul><li>58% of HS students do not pursue postsecondary education. </li></ul>
  3. 3. Underlying issues Globalization in 2006 <ul><li>Globalization has evolved </li></ul><ul><li>Business has changed </li></ul><ul><ul><li>Massive investments in technology </li></ul></ul><ul><ul><li>Flattened hierarchical structures </li></ul></ul><ul><ul><li>Collaborative Partnerships </li></ul></ul><ul><ul><li>Common data and process standards </li></ul></ul><ul><li>Business goes where the “talent is” </li></ul><ul><li>Life-time employability. </li></ul><ul><li>Turbo-charged environment </li></ul>
  4. 4. Challenges <ul><li>How do we make America more competitive? </li></ul><ul><li>How do we prepare our workers to be more competitive? </li></ul><ul><li>How do we not leave vast numbers of people behind? </li></ul><ul><li>How does the workforce system add value? </li></ul>
  5. 5. The Good News! <ul><li>Global Economy not finite </li></ul><ul><li>Universal Interdependence </li></ul><ul><li>Capitalism doing well </li></ul><ul><li>America spawns innovation </li></ul><ul><li>Change brings opportunity </li></ul><ul><li>Our workforce system has the capacity to address these changes. </li></ul>