TRANSITIONING TO A DEMAND-DRIVEN WORKFORCE SYSTEM:

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TRANSITIONING TO A DEMAND-DRIVEN WORKFORCE SYSTEM

• Myths, Realities, Challenges, and Opportunities

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High Growth Industries

• Automotive
• Advanced Manufacturing
• Biotechnology
• Construction
• Energy
• Financial Services

• Geospatial Technology
• Health Care
• Hospitality
• Information Technology
• Retail
• Transportation

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Myths

• The public workforce system is broken.
• Free trade is making us a poor country.
• Offshoring can only benefit the economy.
• Offshoring can only hurt the economy.
• The more skilled workers there are, the less
  offshoring there will be.
• Globalization is a fad.
• The market is the driving force of our economy
  and will facilitate our strength as competitors
  in the global economy.

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REALITIES

• The Economic Landscape
• The job market
• The public school system
• Globalization
• Catalysts
• Outsourcing
• Offshoring

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Challenges

• Broad-based, National
• Trade Imbalance
• Productivity
• U.S. Rural Areas
• Public Education System
• U.S. Domestic Policy
• U.S. Fiscal Policy
• Immigration
• Risks associated with participating in a
• global economy

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Risks Associated With Participating in a Global
Economy

• World Financial Market
• World Oil Supply
• Wealth Disparities in Emerging Nations
• China Operations
• Trade Liberalizations
• Environmental Issues
• Geopolitical Conflicts
• Global Terrorism
• World Health Conditions
• Source GMI Conference, September 22 23, 2005

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Opportunities

• Innovation/Creativity
• Change Agents
• Outreach
• Research and Development
• Science, Technology, Bridging the Digital
  Divide
• Skills Enhancement/Credentialing
• Venture Capital

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Partnerships andCollaborationsAre Critical In
This Current Economic and Workforce Development
Environment