White Paper Introduces Innovative Concept that Leverages Lessons Learned from Supply Chain Management, Applies Them to Education and Workforce Partnerships (Press Release)
WASHINGTON, D.C.—The U.S. Chamber of Commerce Foundation today announced a partnership with USA Funds and released a white paper detailing an innovative program focused on a new approach to closing the skills gap in America. The white paper, Managing the Talent Pipeline: A New Approach to Closing the Skills Gap, by U.S. Chamber of Commerce Foundation Education and Workforce Senior Director of Policy Jason A. Tyszko, The George Washington University Institute of Public Policy Research Professor Robert G. Sheets, and Harvard Business School Senior Lecturer Joseph B. Fuller, introduces the concept of talent pipeline management as a way to transform the relationship between America’s businesses and education and workforce providers.
“We have people without jobs and jobs without people,” said U.S. Chamber of Commerce Foundation President John McKernan Jr. “There are nearly five million jobs available across the country at a time when almost 10 million Americans are still out of work. Employers large and small attribute much of this to a workforce that lacks the skills necessary for the jobs of the 21st century. Our alliance with USA Funds will help address this.”
Leveraging lessons learned from supply chain management, the white paper offers a fresh way to think about education and workforce relationships that will ensure job prospects for students and a steady flow of qualified workers for employers. The paper also documents leading practices of employers who have been successful in this practice.
“Previous efforts to address employer concerns about lack of available talent have been led by schools, postsecondary institutions, and worker training programs,” said USA Funds President and CEO William Hansen. “This new approach places employers in the driver’s seat and gives them the tools they need to treat education providers as they do other partners in their supply chain becoming integral in developing curriculum and creating work based experiences that enrich the academic preparation.”
Over the next two years the U.S. Chamber of Commerce Foundation and USA Funds will work closely with employers, employer-led associations, and receptive education providers in select communities across the country to help close the skills gap so that American jobs do not go unfilled for lack of qualified workers.
To read and download the white paper, visit the U.S. Chamber of Commerce Foundation’s Talent Pipeline Management webpage here.
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The U.S. Chamber of Commerce Foundation (USCCF) is a 501(c)(3) nonprofit affiliate of the U.S. Chamber of Commerce dedicated to strengthening America’s long-term competitiveness by addressing developments that affect our nation, our economy, and the global business environment.
USA Funds is a nonprofit corporation that supports Completion With a Purpose, building a more purposeful path for America’s students to and through college and on to rewarding careers and successful lives. USA Funds pursues its nonprofit mission through philanthropic activities and partnerships, policy research, and programs and services that enhance preparation for, access to and success in higher education. Learn more atwww.usafunds.org.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.