At today’s Workforce Development Summit, industry experts shared insights on adapting to technological advancements and changing economic landscapes to both equip employers for success and provide employees with the skills and support they need to thrive.
Key takeaways:
* Workforce development programs are win-win-win propositions: for employers, for individuals, and for entire communities.
* A movement toward sharing corporate ownership, and creating an ownership culture, is occurring within the private equity world. If companies make their “pies” bigger no one is getting less. The goal is to create a bigger pie so that everyone can have a piece of it.
* Technology is changing rapidly, and more and more jobs will continue to be automated. But job growth created by technology will continue to outpace job losses.
* Chicago businesses need to leverage the existing workforce ecosystem within our city. Companies are missing out on top talent because they are not tapping into resources that already exist within overlooked neighborhoods on the South and West sides.
Thank you to Kristen Broady, Ph.D. (Senior Economist, Economic Advisor & Director of the Economic Mobility Project, Federal Reserve Bank of Chicago), Rob McGhee (Senior Vice President, Community Impact Territory Manager, Fifth Third Bank), Kathy Bolhous (CEO, Charter Next Generation), Molly Oelerich (Senior Vice President, Fifth Third Bank), Juatise Gathings (Co-Founder, Just Act Partners), Matt Johanson (Co-Founder, Just Act Partners), Ruben Abarca (Head of Partnerships, Discovery Partners Institute), Dani Houchin (Executive Director and Trustee, Origami Works Foundation), Tom Vranas (Chief of Staff, Innovation and People, Zentro Internet), Will Irvin (Director of Career Readiness and Postsecondary Success, Youth Guidance), Paul Thompson (Chief Economic Empowerment Officer, YWCA Metropolitan Chicago), Pamela Williams (Managing Director, CBO Collective) and Nicole R Robinson (CEO, YWCA Metropolitan Chicago).
Thank you Fifth Third Bank for your partnership and invaluable support at today’s summit.
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