Missouri Economic Development Council (MEDC)

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1 Missuri Ecnmic Develpment Cuncil (MEDC) A Blueprint fr Addressing Talent Issues in Ecnmic Develpment June 14, 2017 STRATEGY MATTERS Janet Ady President and CEO 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 1

2 A LITTLE BIT ABOUT US 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 2

3 The Ady Advantage Ecsystem 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 3

4 Our Sweet Spt 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 4

5 Ady Advantage Services fr EDOs: Making It Practical 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 5

6 Ady Advantage Services fr EDOs: Making It Practical 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 6

7 Ady Advantage Services fr EDOs: Making It Practical 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 7

8 A FRAMEWORK FOR ADDRESSING TALENT ISSUES 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 8

9 What s Yur Talent Issue? 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 9

10 What s Yur Talent Slutin? 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 10

11 Presentatin Impact Survey Feedback WHAT ARE THE BIGGEST ECONOMIC DEVELOPMENT OPPORTUNITIES FACING YOUR COMMUNITY/REGION? OPPORTUNITIES 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 11

12 Presentatin Impact Survey Feedback WHAT ARE THE BIGGEST ECONOMIC DEVELOPMENT CHALLENGES FACING YOUR COMMUNITY/REGION? CHALLENGES 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 12

13 Presentatin Impact Survey Feedback HAS YOUR ORGANIZATION IMPLEMENTED, OR IS IT IN THE PROCESS OF IMPLEMENTING, ANY NEW TALENT RECRUITMENT AND RETENTION STRATEGIES? 52% f respndents are wrking n talent strategies Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 13

14 Presentatin Impact Survey Feedback WHY DOES THE WAR ON TALENT INTEREST YOU? Talent is in very limited supply. We d nt have enugh supply t meet the demand f existing emplyers. Because ur large emplyers tell us it is f interest t them. Available, qualified emplyees is key t bth existing and new business. It is the lifeline t the cmmunity's grwth and the #1 limiting factr fr existing business grwth. We have cmpanies that find it hard t attract talent and are asking what we can d t help them. Recent data suggests that ur regin is experiencing a greater than average ut migratin f ppulatin ages Withut a sustained wrkfrce attracting business is impssible at best. We lse talent t larger cities. This creates a circular prblem, we have truble attracting new skilled emplyment because we dn't have enugh skilled wrkfrce, but we can't keep talented yung peple withut skilled emplyment pprtunities Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 14

15 Fundamental Types f Talent Strategies Talent Retentin and Develpment Talent Attractin Alternatives t Talent 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 15

16 Fundamental Types f Talent Strategies It s abut prductivity, nt peple! Alternatives t Talent 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 16

17 SETTING TALENT STRATEGIES 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 17

18 ED Talent Strategy Setting STEPS 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 18

19 Lessns Learned LESSONS LEARNED 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 19

20 TALENT RETENTION AND DEVELOPMENT STRATEGIES 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 20

21 Talent Retentin and Develpment Strategies 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 21

22 Talent Retentin and Develpment Strategies 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 22

23 Talent Retentin and Develpment Strategies 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 23

24 Talent Retentin and Develpment Strategies 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 24

25 Talent Retentin and Develpment Strategies 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 25

26 TALENT ATTRACTION STRATEGIES 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 26

27 Talent Attractin Strategies 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 27

28 Talent Attractin Strategies 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 28

29 Talent Attractin Strategies 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 29

30 Parting Thughts 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 30

31 Thank Yu 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 31

32 Special Offer fr Attendees FREE COMMUNITY BENCHMARKETING ASSESSMENT OPPORTUNITY TO SHAPE THE ADY TALENT STRATEGY PLATFORM 2017 Vltedge, Inc. dba Ady Advantage 613 Williamsn St, Suite 201 Madisn, WI AdyAdvantage.cm 32

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