Posts Tagged ‘Accenture’

CTE Research Review

Thursday, November 13th, 2014

Research Image_6.2013New research offers insight into key workforce development issues as it relates to middle-skills jobs, a state’s STEM workforce and a sector-focused program for the career advancement of low-skilled adults.

Bridge the Gap: Rebuilding America’s Middle Skills – New research from Harvard Business School, Accenture and Burning Glass Technologies found that 69 percent of human resources executives believe “their inability to attract and retain middle-skills talent frequently affects their firm’s performance.” In a new analysis that take a closer look at the skills gap for middle-skills jobs, the authors examine job market data with a focus on competitiveness and offer a framework for business leaders to prioritize jobs that matter for their business, industry, community and region.

The report offers overarching recommendations for an array of stakeholders:

Cracking the Code on STEM: A People Strategy for Nevada’s Economy – Nevada’s newly diversified economic strategy is beginning to work, according to a new report from the Brookings Institution, but now the state must focus on growing the talent pipeline to fill the high-demand jobs, particularly in STEM-related fields. Although many of the currently available opportunities “require no more than the right community college certificate, insufficient numbers of Nevadans have pursued even a little STEM training.” Without a targeted effort from the state to address this critical workforce need, the skills shortages could limit the state’s growth.

Along with a series of policy memos, this new analysis looks at Nevada’s STEM economy and labor market as well as the actions of the state’s leaders – public, private and philanthropic – can take to develop a skilled workforce. Specifically, the report draws three conclusions:

WorkAdvance: Meeting the Needs of Workers and Employers – A new report from MDRC presents the early findings of four WorkAdvance programs around the country that are implementing the sector-focused career advancement program for low-skilled adults. Sharing the programs’ successes and lessons learned, the report gives an early insight into the challenges of, and best practices for implementing a program like WorkAdvance, which are currently operating in Oklahoma, Ohio and New York City. In late 2015, MDRC plans to release a report examining the program’s effects on employment and earnings as well as costs.

Andrea Zimmermann, State Policy Associate

By Andrea Zimmermann in Research
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