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Education & Workforce Development Asset Mapping

Discovery Milestone . Join us in creating Central Illinois’ Economic Future!. Education & Workforce Development Asset Mapping. January 8, 2013 Illinois Central College, Pekin, IL. ViTAL Economy Alliance Frank Knott – fknott@vitaleconomy.com Jim Haguewood – jim@onegroupconsulting.com

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Education & Workforce Development Asset Mapping

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  1. Discovery Milestone Join us in creating Central Illinois’ Economic Future! Education & Workforce Development Asset Mapping January 8, 2013 Illinois Central College, Pekin, IL ViTAL Economy Alliance Frank Knott – fknott@vitaleconomy.com Jim Haguewood – jim@onegroupconsulting.com Mark Madsen – mmadsen@priorityone-advisors.com www.focusforwardci.com

  2. Session Agenda Welcome & Introductions Session Objectives Focus Forward CI Regional Economic Goals Review the Baseline Refinement of the Assets Conclusions

  3. Session Objectives • Identify and discuss assets that exist to foster healthy and sustainable 21st century economies, • Quality of Place • Community Economic Development • Innovation & Entrepreneurship • Education & Workforce Development • Recognize areas of strength and weakness across the region • Target new opportunities to build capacity and access to resources in geographic areas of weakness • Capture insight from regional subject matter experts to inform regional and county economic development strategies

  4. Focus Strategic Assets on the Goal Focus Forward CI 2017 Goals 1,319 new jobs @ $53,175 11,841 new jobs @ $48,832 Improvement of 19,456 jobs by $5,000/yr. $747M new direct wages Increase bachelor degrees 25+ by 10,254 Increase the 25-44 age group by 5% (+21,236) Increase new business starts by .5% annually Increase mid-sized firms (20-99 employees) from 10.7% to 15% of all firms Reduce poverty by 10% for all families and female households with children under 5 • Quality of Place • Innovation & Entrepreneurship • Community Economic Development • Education & Workforce Development

  5. Session Format • Baseline • Preliminary list from advance survey • Review additional asset categories • Refinement • Analysis of asset categories to establish concentration, utilization, connectedness & new opportunities • Conclusions • What the baseline and analysis is telling us? • Where are new opportunities to improve?

  6. Build the Baseline • Review baseline information from the online survey: • Institutions and Organizations • List the education and workforce entities operating in the region, K-12, higher education, training centers, etc. • Specialty Infrastructure • Unique or technical equipment, facilities or infrastructure that supports education or workforce development programs • Unique or Concentrated Knowledge/Specialization • Unique or focused technical or subject matter expertise related to education or workforce development

  7. Build the Baseline, cont. • Excellence or High Performing • Entities that are best in class with a history & reputation of accomplishment and impact • Skills or Vocational Development • Entities that focus on occupational skills development and career advancement • Higher Education • Institutions in the region that provide higher education, bachelors, masters and doctoral degrees • Top 10 degrees by graduates and/or recognition • Innovative Activities • Individuals or entities that are doing innovative or cutting edge approaches to education and workforce development

  8. Refinement • What education and workforce development assets have the largest coverage or availability across the region? • What education and workforce development assets have the greatest impact in the region? Why? • Which education and workforce development assets are being underutilized or leveraged? • Which population groups are not adequately accessing education and workforce development services? • What are the region’s education and workforce development strengths? Weaknesses? • What are the region’s education and workforce development opportunities? Threats? • What education and workforce development resources are serving the region from the outside?

  9. Conclusions • What is the asset mapping and analysis telling us? • Regional or localized strengths • Regional or localized weaknesses • Opportunities for new connections or improvement • What are the top three priorities or actions to improve education and workforce development in the region?

  10. Contact Us & Get Involved! View Us! www.focusforwardci.com Contact Us! 309-673-9330 focusforwardci@gmail.com

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