Using Strategic Compass As a Tool for Economic Development in New York’s Creative Core

Problem: How to Measure Success? Aged 50+ Workforce Workplace Diversity & Inclusion Incumbent Worker Support University Community Partnerships Science, Technology, Engineering & Math (STEM ) Workforce Credentialing Career Mobility Career & Technical Worker Training Literacy Across the Lifespan Measures and Models for Success J2J Leadership Team Lead Agency Project Office Project Director Support Staff National Advisory Board

Feedback Loop for Continuous Improvement Growing Business, Aligning Talent Strategy for Transformation & ImplementationActions: Develop Develop entrepreneurship Create and align Create and align a continuum of education and training Increase Increase worker credentialing Build Build business capacity Apply Apply literacy contextualized to work Promote and expand Promote and expand business opportunities Increase Increase regional awareness of economic drivers and related career pathways within/outside the region Align and leverage Align and leverage regional capacity through replication and assessment Strategy: Develop, attract and retain business and talent Goal:GrowBusiness In economic drivers Economic Drivers: Advanced Manufacturing Information Management Biotechnology/Bioprocessing Energy and EnvironmentHealthCare

Develop, Attract & Retain Business and Talent

Strategy: Tool to Help with Alignment Tool must answer 4 key questions: 1.Can employers access a readily accessible pool of employees? 2.Can job seekers identify current and emerging career/salary opportunities? 3.Can economic development, workforce development and education professionals identify appropriate applications of their resources and measure their ROI? 4.If not, can we identify and remediate the gaps? Goal: Provide community with a means to use a common language and common data to drive strategic planning for economic development and workforce development.

Funding the Creative Core Pilot Creative Core Strategic Compass Pilot Metropolitan Development Association Empire State Development Corporation CNY Workforce Investment Board Greater Syracuse Chamber of Commerce Manufacturers Association of Central New York Syracuse University- University College FUNDING CORE TEAM PILOT NYS Assemblyman William Magnarelli provided directed spending grant CNY Community Foundation provided additional funding for training, support, and evaluation

WIN Strategic Compass: Alignment Tool & Data Visualization Educonomy Scan: Industry analysis Occupational analysis Labor inventory Skill gaps Education gaps Transferability skills analysis Policy & Program Scan: Occupation-driven instructional demand College and career readiness Career pathways Program and funding alignment

Results The Strategic Compass has allowed our region to: 1.Attract new business to our region identifying potentially relocating firms that make a “good fit” with our regions workforce. 2.Quickly and effectively access data from multiple data sources, in real time, through one portal at our desktops. 3.Look at SOC, NAICS and CIP across classifications and analyze information quickly and effectively. 4.Evaluate shifts in the job market.

Results The Strategic Compass has allowed our region to: 5.Match skilled workers with the needs of local industries. 6.Prepare displaced workers for growing industries. 7.Allow higher education institutions to develop new or refine existing programs to match future business/career opportunities. 8.Secure grant awards, in part based on the data captured from the Strategic Compass. 9.Higher education institutions reviewing current CIP program codes associated with their current program classifications.

Developing, Attracting and Retaining Business and Talent