The recent solar eclipse caused a fair amount of excitement in our office. You can learn more about the eclipse here - https://eclipse2017.nasa.gov/ - but at a high level, we were treated to a rare, natural phenomenon of the moon covering the sun to create a solar eclipse. Though my primary working location in Dearborn, MI did not lie within the “path of totality,” in which the moon completely covered the sun and day turned to night for a brief period, we jumped on board for the opportunity to see the partial eclipse in our office parking lot.
With more and more Baby Boomers reaching the age of 65 every day, experienced manufacturing and skilled trades workers as well as employees in many other industries are leaving the workforce and taking crucial skills knowledge with them. That’s where EDSI comes in … we work with companies to identify and capture this critical institutional knowledge (job skills) before these workers leave in order to pass it on to “apprentices” who can effectively bridge the skills gap.
According to U.S. News & World Report, Ninety-eight percent of CEO’s at 126 major U.S. corporations surveyed believe skills gaps threaten the sustainability of their business.*
I wasn’t expecting to be inspired by a field hockey office display, but that’s what happened recently during my visit to a local university. Are you wondering how recruiting and succession planning for your company could possibly relate to a University field hockey program?
Picture this: a striking, larger-than-life visual of a long-range “staffing” plan, highlighting each year from now until 2020, showing field positions, names of current players and potential recruits. It was color-coded and created to help coaches identify, by position, the talent needed to stay competitive and ultimately work toward their goal of building a championship team. It was obvious: they clearly understood they needed talented people to achieve that goal and all the particulars were captured in vivid detail.
That display got me thinking, “How many companies understand what their talent needs look like?” It made me realize that capturing the right kind of data, and making that data come to life visually, is crucial in setting the best goals and vision for the future. How close is your organization to understanding what your talent needs look like – today … in 3 years … in 10 years …?
In my short tenure with EDSI as an EARN Job Developer, I have had the privilege of observing and teaching Job Club. Most of the clients who participate are 50 years old+, have been employed steadily in a company or industry for a long time, and generally have no clue about the requirements of a job search in this century.
Five common concerns usually come to light during our weeks together in Job Club. The exciting news for us is that with empathy, active listening and open sharing, most of these concerns can be identified and relieved before “graduation” day. You can be the change agent that turns their fear, frustration and negative attitude into one of hope for a brighter and better new day.
Written by Kevin Watson - Director of Business Development with EDSI Consulting
"What are 94.5 and 101.49?"
That’s right, after the 3.1 inches of snow that fell in Mid-April at Detroit Metro Airport, the 2013-2014 winter has officially been crowned champ! The 94.8 inches of snow that have fallen this season in Metro Detroit make it the snowiest winter on record, eclipsing the previous record of 93.6 inches that stood for over 130 years. Oh yeah, did I mention the Dow Jones is up 101.49% over the past 5 years?
These two numbers on an island might be enough to cause some Baby Boomers to ponder retirement. Couple them together, and don’t be surprised if HR Managers start to see more and more “surprise” retirements.
As we travel around the country, we see more and more HR Managers caught off guard as some of their most tenured employees announce retirements. There are a myriad of reasons why employees decide to retire. Some walk away due to health-related concerns (themselves, spouses, parents, etc.). Others can finally sell their houses at a profit and move to a warmer weather climate (where they don’t have to worry about shoveling close to 8 feet of snow over the course of 5 months). Others still have just watched their youngest child walk across the stage at college graduation, and finally feel they can afford to retire.
As always, know that we are here to help you on your knowledge retention journey!
Founded in 1979, EDSI is a national leader in workforce development, customized training and consulting.
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