The Perfect Talent Storm Implications for Talent Stewards

The Perfect Talent Storm Implications for Talent Stewards Phil Jarvis National Life. Work Centre www. lifework. ca The Perfect Talent Storm: Implications for Talent Stewards

Storm Warnings 3 Converging Megatrends 1 Aging 2 Upskilling Population of Jobs 3 Unprepared Workforce The Perfect Talent Storm: Implications for Talent Stewards

1 Aging Population Predictable Demographics • Birth rate declining since 1967 • • Marriage & childbirth later, fewer children Boomers who can are retiring (1947 -64) Labour force participation rate declining Immigration can’t offset natural decline The Perfect Talent Storm: Implications for Talent Stewards

Percent of Canadian Population 15 -64 Years of Age The Perfect Talent Storm: Implications for Talent Stewards

Projected Worker Shortfall 2011 2016 2021 2026 2031 510, 000 1, 080, 000 1, 800, 000 2, 400, 000 3, 000 Rick Miner, February 2010, People Without Jobs, Jobs Without People • Immigration 2009 – 250, 000 (family, credentials, competition) • Under-represented - poor, aboriginals, women, disabled The Perfect Talent Storm: Implications for Talent Stewards

2 Upskilling of Jobs Accelerating Knowledge Economy Rick Miner, February 2010, People Without Jobs, Jobs Without People The Perfect Talent Storm: Implications for Talent Stewards

New & Changing Jobs There has never been a better time to plan a career! • Nano-mechanic • Old age wellness manager • Memory augmentation surgeon • Weather modification police • Waste data handler • Social networking worker • Personal brander/communications advisor • Stem cell bank manager Adam Gordon, August 2009, Jobs of the Future, Science and Technology Enabled Employment 2020 -2030 The Perfect Talent Storm: Implications for Talent Stewards

3 Unprepared Workforce Education System, Employers The Talent Pipeline The Perfect Talent Storm: Implications for Talent Stewards

The Pipeline Leaks ü HS graduation rate 68% (Miner, 2010, People Without Jobs, Jobs Without People) ü 60% of HS grads (41%) register for postsecondary (King, 2009, Who Doesn’t Go To Post-Secondary Education? ) ü 25% of post-secondary students dropout by the end of the first year and a similar percent change programs or majors (Miner, 2010, People Without Jobs, Jobs Without People) ü 60% of those who register in post-sec programs eventually graduate (Parkin, Baldwin, 2009, Research Note #8, Persistence in Post-Secondary Education in Canada: The Latest Research, Millenium Scholarships) The Perfect Talent Storm: Implications for Talent Stewards

End of the Pipeline Of 100 students that enter the pipeline (talent supply chain) in grade 9 each year: • 26 graduate on schedule from postsecondary degree, diploma and certificate programs • 50% are not in jobs directly related to their majors 2 years after graduation • 70% of adults would seek more career information if they could start over (Jarvis, 2010, Connecting Talent and Opportunity: Canada’s Foremost Economic and Social Challenge) The Perfect Talent Storm: Implications for Talent Stewards

Economic Consequences 1% Improvement Productivity Education Health Social Services Protection, Prisons Government Revenues $ 13 Billion $. 9 Billion $1. 1 Billion $1. 5 Billion $. 43 Billion $5. 9 Billion TOTAL $ 23 Billion Not to mention human costs The Perfect Talent Storm: Implications for Talent Stewards

Conclusion As an economic and social imperative, we must do a much better job of preparing citizens of all ages to prosper in the 21 st century knowledge economy. A new paradigm of career and workforce development is required. The Perfect Talent Storm: Implications for Talent Stewards

Career Navigation Paradigm Shift Choosing Occupation Work Information Lists Learning Skills Life Imagination Introductions The Perfect Talent Storm: Implications for Talent Stewards

Implications for Talent Stewards EDUCATORS • Myth of career guidance for all • All teachers need to buy into the new career paradigm • Relevance - “rich tasks” • Essential Skills, Blueprint for Life. Work Designs, Character The Perfect Talent Storm: Implications for Talent Stewards

Play is Learning Our school system is based largely on conditioning rather than learning. The only way children can learn is through what adults interpret as play. This is why students retain so little of what they are taught in school. (Children retain 3 -5% of curriculum - Carnegie Foundation). The Perfect Talent Storm: Implications for Talent Stewards

Play is Learning Our school system is based largely on conditioning rather than learning. The only way children can learn is through what adults interpret as play. This is why students retain so little of what they are taught in school. (Children retain 3 -5% of curriculum - Carnegie Foundation). What is learned in a state of play becomes a permanent neural pattern in the brain. It is never lost. If we recognized the direct correspondence between play and learning, and the dramatic difference between learning and conditioning, schooling would vastly more successful. John Chilton Pearce, Michael Mendizza Touch the Future (www. ttfuture. org) The Perfect Talent Storm: Implications for Talent Stewards

www. berealgameonline. ca (Register/Activate Account) www. lifework. ca The Perfect Talent Storm: Implications for Talent Stewards

Imagination New research demonstrates a link between schoolwork, grades and the vision students have of themselves as happy, successful adults. http: //www. miller-mccune. com/culture-society/motivatingstudents-via-mental-time-travel-15122/ The Perfect Talent Storm: Implications for Talent Stewards

Career Educators • More opportunities than ever for those with 21 st century skills! • Don’t need to find the perfect career. Make good choices, do your best (15+), move if need be. • New career possibilities emerging daily • Knowledge of authentic self (compass) • Lifelong commitment to education & skills • Emotional intelligence, attitudes, character • Financial literacy The Perfect Talent Storm: Implications for Talent Stewards

Implications for Talent Stewards EMPLOYERS • • Sports metaphor Get involved in education Stocking the local pond Training & career management The Perfect Talent Storm: Implications for Talent Stewards

Implications for Talent Stewards PARENTS • • • Be a good role model Get engaged and inform Know and support the dreams Help make connections Set expectations high The Perfect Talent Storm: Implications for Talent Stewards

Implications for Talent Stewards COMMUNITY • • • Industry education councils Service clubs Volunteering, service learning Networking, making connections Engaged citizenship The Perfect Talent Storm: Implications for Talent Stewards

Roger’s Story • Bright , but hated school • Couldn’t wait for school day to end to drop another transmission • F 4 K, Career Cruising, Real Game • Electronic postcard connection • John Deere (mentorship, job shadowing, summer jobs) The Perfect Talent Storm: Implications for Talent Stewards

Roger’s Story • Bright , but hated school • Couldn’t wait for school day to end to drop another transmission • F 4 K, Career Cruising, Real Game • Electronic postcard connection • John Deere (mentorship, job shadowing, summer jobs) Happy Ending John Deere paid full tuition for 2 -year Small Engine Repair course at Community College then hired Roger, student loan free. The Perfect Talent Storm: Implications for Talent Stewards

The Perfect Talent Storm There’s no avoiding this storm … but: • There have never been so many rewarding career opportunities to choose from. • Individuals, companies & communities with 21 st century skills will weather the storm and prosper. • Those with inadequate skills and networks will be the storm’s victims. The Perfect Talent Storm: Implications for Talent Stewards

The Perfect Talent Storm Implications for Talent Stewards National Life. Work Centre 1 -888 -533 -5386 www. lifework. ca The Perfect Talent Storm: Implications for Talent Stewards