Strategically aligns $40 million of NEW investment in higher education with emerging economic growth sectors Distributed competitively via defined performance measures: 20% - Federal research expenditures 80% - Degree production in 4- and 5-STAR jobs as indicated by the LA Workforce Commission Requires 20% industry match to spur private investment in colleges and universities 2 WORKFORCE AND INNOVATION FOR A STRONGER ECONOMY (WISE) PLAN

Examples of 4- and 5-STAR jobs: Computer Science Construction Crafts Education Engineering Finance and Accounting Healthcare Industrial Production This DOES NOT diminish the importance of liberal arts and other degrees. 3 WORKFORCE AND INNOVATION FOR A STRONGER ECONOMY (WISE) PLAN

Proposed bill language: Establishes a NEW FUND in the state treasury Directs state treasurer to deposit funds at beginning of each fiscal year Funds are IN ADDITION TO all other funds allocated to higher ed LA Board of Regents and management boards shall distribute the funds Funds will be monitored by Board of Regents, Higher Ed Systems, LED, and LWC 4 WORKFORCE AND INNOVATION FOR A STRONGER ECONOMY (WISE) PLAN

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Expand student access including online/hybrid learning and community college transfers and reverse transfers Expand student access including online/hybrid learning and community college transfers and reverse transfers Improve student success through increasing retention rates, graduation rates, and completions Improve student success through increasing retention rates, graduation rates, and completions Expand student access including online/hybrid learning and community college transfers and reverse transfers Expand student access including online/hybrid learning and community college transfers and reverse transfers Improve student success through increasing retention rates, graduation rates, and completions Improve student success through increasing retention rates, graduation rates, and completions 6 Expand private partnerships and program alignments with business and industry. Expand private partnerships and program alignments with business and industry. Facilitate student and employer connections prior to graduation Facilitate student and employer connections prior to graduation Grow university research and commercialization and technology transfer Grow university research and commercialization and technology transfer Maximize faculty expertise/excellence, uniqueness, and collaborations Maximize faculty expertise/excellence, uniqueness, and collaborations MACRO STRATEGIC FRAMEWORK

7 ANALYTICS DASHBOARD

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9 ACADEMIC PRODUCTS Personal Ed Plan Q&A Stream Course Data Schedule Planning Applications to help students improve success in college

10 PROFILE & SKILLS PLATFORM Student Profile Skills & Credentials Jobs match for students Public profile for students to consume data and tell their story

11 INSTITUTION & EMPLOYER PRODUCTS Self-serve job posting Talent Search Talent Scout Institution & employer solutions to improve student job outcomes

12 SYSTEM MARKETPLACES 216,000 students / 325,000 alumni35,000 nursing students90,000 students / 175,000 alumni

Publication of scholarship work Citations to published journal articles Research funding by federal agencies Honorific awards bestowed upon faculty members 13 COMPARATIVE DATABASE

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