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Employer Engagement Mini Masterclass FE Business Education Growth Specialists Omar Khan and Mark Cook 28th September 2015
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FE Business Specialist consultancy and training company for the skills sector Commercial learning background – public and private sector Understand the challenges faced by the sector Understand intersection of business and education Focused on solutions and outcomes
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Our Services Employer Engagement Transformation Projects – Developing business strategy – Assessment of external opportunities and internal capability – Develop new business models for income diversification – Business and Implementation plan Training Programmes – Business development skills, leadership and management, high performing teams and culture change Research Projects – Employer engagement, market opportunities.
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Training Programmes FE Business Training Programmes: Creating an Employer Responsive Service Employer Engagement Ambassadors Solution Selling Skills High Performing Teams Key Account Management – 1 or 2 day programmes
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Competitive Advantage
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Fact or Fiction? Employers don’t want to invest in skills? Employers don’t value apprentices and/or young people? Skills & employment sector is dead without government funding? Employers value price over quality?
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The Journey “The best way to predict the future is to create it”. Peter Drucker
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The Future of the Skills & Employment Sector: Employers at the Heart Structure & Purpose – Fewer providers/Area reviews – Increased specialisation – Skills devolution/LEP – Outcomes-driven: progression – Competition ever fiercer Funding – Reductions in adult skills – Apprenticeships only growth area – More directly to employers – Trailblazers
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Employer Engagement Opportunity?
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London Market London’s position will strengthen as the population grows up to 8.6 million people by 2016. * SMEs account for 99.8% of businesses in the capital and nearly 50 per cent (2.3 million people) of employment. ** The London Business Survey shows that nearly two thirds (62%) of businesses in London plan to recruit this year. 1 Cities Outlook 2014. Centre for Cities, 2014 * Evidence from the UK Commission’s Employer Skills Survey **
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Employers What do you want from employers?
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The Employer Wheel Employers
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The Employer Wheel Employers Apprenticeships Work Placements Commercial Partnerships Ofsted SupportFuture Jobs Market Intelligence Employability Commercial Training Masterclasses for Students Shaping Curriculum
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Customer Perception Ladder How are you viewed? Business Partner Value Adder Product and Service Provider Commodity Broker
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What do Employers want from Providers? Understanding of employers business and sector challenges. Focused on improving their business or organisational performance – and can demonstrate this impact. Are flexible, responsive and solutions- focused. Build trust and act with integrity.
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Successful Employer Engagement?
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Successful Employer Engagement 1.Establish a clear purpose and goals – your employer engagement vision 2.Develop and promote a compelling value proposition 3.Communicate your competitive advantage
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Building a Shared Vision The mental picture of what your organisation wants to achieve over time
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Building a Shared Vision Business Vision Core Values Core Purpose Visionary Goals When building a vision you must consider three key factors: Core Values Core Purpose Visionary Goals
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Employer Engagement Vision Core values These are values that are central to your organisation; deeply held values Core purpose Why the firm exists? Visionary Goals Quantitative or qualitative goals
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Vision Examples “There will be a personal computer on every desk running Microsoft software.” (Microsoft's original vision statement) “Our vision is to be earth's most customer centric company; to build a place where people can come to find and discover anything they might want to buy online”. (Amazon.com) “A just world without poverty”. (Oxfam)
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Vision and Value Propositions
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In an increasingly competitive market “value” is pre requisite for winning business Value demonstrates Your understanding and professionalism Your organisational ability and agility Your commitment Your differentiator
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Vision and Value Propositions What is a value proposition? A value proposition is not simply information about your organisation’s products and services or your passion for excellence
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Vision and Value Propositions A value proposition is a clear statement about outcomes and results based utilising your services or solution
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Vision and Value Propositions There are three key factors that must be included in your value proposition: Business Drivers Movement Measurement
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Vision and Value Propositions Business Drivers – These are what your clients are measured on: Profitability Quality Cost Revenue Customer satisfaction Turnover etc
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Vision and Value Propositions Movement – Clients will only engage if you can demonstrate how they will deliver their business drivers – Use words such as: Increase Decrease Minimise Maximise
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Vision and Value Propositions Measurement – It’s all about the return on investment! % £ Market share Profit
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Value Proposition Examples Commonly used value propositions: – We provide high quality apprenticeship frameworks and as well as a talent pool of young people for a range of hospitality companies including xxxx Unique value propositions: – We provide a range of employment and learning solutions for the service sector that have increased customer satisfaction by 23% in the past 6 months
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Competitive Advantage
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“The only sustainable competitive advantage is the ability to adapt and change”. Peter Drucker
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Competitive Advantage Two types of competitive advantage: Cost advantage - deliver same benefits at a lower cost Differentiation advantage – deliver benefits that exceed competitors
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What is Your Competitive Advantage? Who are you? What do you do? Why do you do it well? What makes you special? How are you recognised by employers?
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Quote of the Day “The mantra…Distinct or Extinct” Tom Peters
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Contact Details Omar Khan Director omar.khan@febusiness.co.uk 07956 484692 Mark Cook Director mark.cook@febusiness.co.uk 07958 679456 Website: www.febusiness.co.ukwww.febusiness.co.uk Twitter: @febusinessnews LinkedIn: FE Business (company page)
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Questions and Answers
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